<SEC-DOCUMENT>0001104659-22-044646.txt : 20220411
<SEC-HEADER>0001104659-22-044646.hdr.sgml : 20220411
<ACCEPTANCE-DATETIME>20220411160635
ACCESSION NUMBER:		0001104659-22-044646
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		102
CONFORMED PERIOD OF REPORT:	20211231
FILED AS OF DATE:		20220411
DATE AS OF CHANGE:		20220411

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:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34985
		FILM NUMBER:		22819744

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F
<SEQUENCE>1
<FILENAME>glbs-20211231.htm
<DESCRIPTION>20-F
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2021q4" xmlns:ifrs-full="http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full" xmlns:srt="http://fasb.org/srt/2021-01-31" xmlns:glbs="http://globusmaritime.gr/20211231">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
<!-- Field: Set; Name: xdx; ID: xdx_02B_IFRS%2D2021_srt -->
<!-- Field: Set; Name: xdx; ID: xdx_030_glbs_globusmaritime.gr_20211231 -->
<!-- Field: Set; Name: xdx; ID: xdx_046_20210101_20211231 -->
<!-- Field: Set; Name: xdx; ID: xdx_056_edei%2D%2DEntityCentralIndexKey_0001499780 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_05A_edei%2D%2DDocumentFiscalPeriodFocus_FY -->
<!-- Field: Set; Name: xdx; ID: xdx_070_XDX_C%2D%2D\Users\kapostolop001\Desktop\iXBRL 2021\GLBS\20F\glbs%2D20211231.xdx -->
<!-- Field: Set; Name: xdx; ID: xdx_07D_SO_C%2D%2D\Users\kapostolop001\Desktop\iXBRL 2021\GLBS\20F\glbs%2D20211231.xdxs -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_069_Pure_4_xbrli%2D%2Dpure -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_Euro_0_iso4217%2D%2DEUR -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
 <ix:hidden>
  <ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityCentralIndexKey">0001499780</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleanfalse" name="dei:AmendmentFlag">false</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:DocumentFiscalPeriodFocus">FY</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember" id="xdx2ixbrl0566" name="glbs:VesselDeliveryDate" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember" id="xdx2ixbrl0593" name="glbs:VesselDeliveryDate" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember" id="xdx2ixbrl0594" name="ifrs-full:NameOfSubsidiary" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember" id="xdx2ixbrl0596" name="glbs:VesselDeliveryDate" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember" id="xdx2ixbrl0597" name="ifrs-full:NameOfSubsidiary" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember" id="xdx2ixbrl0599" name="glbs:VesselDeliveryDate" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember" id="xdx2ixbrl0600" name="ifrs-full:NameOfSubsidiary" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember" id="xdx2ixbrl0602" name="glbs:VesselDeliveryDate" xs:nil="true"></ix:nonNumeric>
  <ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember" id="xdx2ixbrl0603" name="ifrs-full:NameOfSubsidiary" xs:nil="true"></ix:nonNumeric>
  </ix:hidden>
 <ix:references>
  <link:schemaRef xlink:href="glbs-20211231.xsd" xlink:type="simple" />
  </ix:references>
 <ix:resources>
    <xbrli:context id="From2021-01-01to2021-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_dei_BusinessContactMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:EntityAddressesAddressTypeAxis">dei:BusinessContactMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_IssuedCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_SharePremiumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_AccumulatedDeficitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_TotalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_ifrs-full_SharePremiumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_AccumulatedDeficitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_TotalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_IssuedCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_SharePremiumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AccumulatedDeficitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TotalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_ifrs-full_SharePremiumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_AccumulatedDeficitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_TotalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_IssuedCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_SharePremiumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AccumulatedDeficitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TotalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_ifrs-full_SharePremiumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_AccumulatedDeficitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_TotalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_IssuedCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_SharePremiumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_AccumulatedDeficitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_TotalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:GlobusShipmanagementCorpMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DevoceanMaritimeLtdMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DominaMaritimeLtdMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_DulacMaritimeSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DulacMaritimeSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:ArtfulShipholdingSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:LongevityMaritimeLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:SerenaMaritimeLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:TalismanMaritimeLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:ArgoMaritimeLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:CalypsoShipholdingSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DaxosMaritimeLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:OlympiaShipholdingSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:ParalusShipholdingSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:SalaminiaMaritimeLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_DeferredDryDockingCostsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DeferredDryDockingCostsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_VesselsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_VesselsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_VesselsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_CiTMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">glbs:Office350SquareMetersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-01-01</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-01-01_custom_CyberonicaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-01-01</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-012016-12-31_custom_CyberonicaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_CyberonicaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_CyberonicaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_CyberonicaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office350SquareMetersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">glbs:Office350SquareMetersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-08-05</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office552SquareMetersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">glbs:Office552SquareMetersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-08-05</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-012016-08-18_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-08-18</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-03</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-03</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-02-28_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-02-28</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2022-01-31_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2022-01-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-06-12</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-12</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-07-27</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-03-02</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-03-02</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_ChairmanOfTheBoardOfDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ChairmanOfTheBoardOfDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_ChairmanOfTheBoardOfDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ChairmanOfTheBoardOfDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-11-30_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-11-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-012018-11-30_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-11-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-04-23_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-04-23</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-04-23_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-04-23</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:AmendedAndRestatedAgreementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-05-08</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:AmendedAndRestatedAgreementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-05-08</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:AmendedAndRestatedAgreementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-07-27_custom_FirmentShippingIncMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-07-27</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_FirmentShippingIncMember_srt_MinimumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">srt:MinimumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-07-15_custom_EolosShipmanagementMember_custom_DailyRateMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:EolosShipmanagementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CapitalRequirementsAxis">glbs:DailyRateMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-07-15</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_ExecutiveDirectorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_ExecutiveDirectorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_ExecutiveDirectorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_ExecutiveDirectorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ExecutiveDirectorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_CarryingAmountIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_CarryingAmountIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CarryingAmountIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_CarryingAmountIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CarryingAmountIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_CarryingAmountIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_CarryingAmountIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-10-29_custom_GalaxyGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:GalaxyGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-10-29</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_DryBulkCarriersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryBulkCarriersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-02-18_custom_NordVenusMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:NordVenusMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-02-18</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-03-19_custom_Yangze11Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:Yangze11Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-03-19</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-09-22_custom_PeakLibertyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:PeakLibertyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-09-22</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_SupramaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:SupramaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_PanamaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:PanamaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_SupramaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:SupramaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_PanamaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:PanamaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MVRiverGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVRiverGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MVRiverGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVRiverGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MVSkyGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSkyGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MVSkyGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSkyGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MVStarGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVStarGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MVStarGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVStarGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MVSunGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSunGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MVSunGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSunGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MVMoonGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVMoonGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MVMoonGlobeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVMoonGlobeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_CommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ClassBCommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBCommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_ClassBCommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBCommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ClassBCommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBCommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_PreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OrdinarySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_IssuedCapitalMember433753031">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_ifrs-full_OrdinarySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OrdinarySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_IssuedCapitalMember433753187">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember433753250">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OrdinarySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_IssuedCapitalMember433753296">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember433753328">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_OrdinarySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_IssuedCapitalMember433753390">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_CommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_CommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_CommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-06-12</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-12</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-07-27_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-07-27</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-03-02</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-03-02</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ConvertibleNoteMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ConvertibleNoteMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-06-22">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-06-22</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-22">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-22</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:FortyFiveDayOptionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-06-22</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:FortyFiveDayOptionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-22</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-06-22_custom_MaximGroupLLCMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-06-22</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-22_custom_MaximGroupLLCMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-22</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_ClassAWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ClassAWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_ClassAWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_ClassAWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-06-30_custom_PPWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-30_custom_PPWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-07-21_custom_PPWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-07-21</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-07-21_custom_PPWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-07-21</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PPWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-09_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-09</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-09_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-09</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-10_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-10</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-10_custom_InstitutionalInvestorsMember_custom_DecemberWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:DecemberWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-10</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-10_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-10</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_PreFundedWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_PreFundedWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PreFundedWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-01-13_custom_PreFundedWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-01-13</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_DecemberWarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:DecemberWarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-01-29</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-01-29_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-01-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-01-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-01-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:January2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-01-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_January2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:January2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-01-31_custom_January2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:January2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-01-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-02-17</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-17_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-17</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-17_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-17</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:February2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-17</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_February2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:February2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-28_custom_February2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:February2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-28</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-03-01</xbrli:startDate>
        <xbrli:endDate>2021-06-29</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-06-29_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-06-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-06-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-06-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:June2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-06-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_June2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:June2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-06-30_custom_June2021WarrantsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:June2021WarrantsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-06-30_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-06-30_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-03-31_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-03-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-03-13_custom_ConvertibleNoteMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-03-13</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-03-13_custom_ConvertibleNoteMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-03-13</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_ConvertibleNoteMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_ConvertibleNoteMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-06-25_custom_ConvertibleNoteMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-06-25</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-05-31_custom_CiTLoanFacilityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-05-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-05-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:SWAPAgreementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-05-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2022Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:SWAPAgreementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">glbs:PrepaymentOnOrBeforeMay2022Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-05-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:SWAPAgreementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">glbs:PrepaymentOnOrBeforeMay2023ButAfterMay2022Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-05-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CiTMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_CiTMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_CiTMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_CiTMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_LaterThanFiveYearsMember_custom_CiTMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_CiTMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanTwoYearAndNotLaterThanThreeYearsMember_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:LaterThanTwoYearAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsMember_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_WeightedAverageMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:WeightedAverageMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_WeightedAverageMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:WeightedAverageMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_EnTrustMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_MajorChartererMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MajorChartererMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MajorChartererMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_MajorChartererBMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererBMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MajorChartererBMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererBMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MajorChartererBMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererBMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_MajorChartererCMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererCMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_MajorChartererCMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererCMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_MajorChartererCMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererCMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-012021-12-31_custom_OtherMajorCharterersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:OtherMajorCharterersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-01</xbrli:startDate>
        <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-012020-12-31_custom_OtherMajorCharterersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:OtherMajorCharterersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-012019-12-31_custom_OtherMajorCharterersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:OtherMajorCharterersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_LessThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:LessThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:ThreeToTwelveMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_OneToFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:OneToFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_MoreThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:MoreThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LessThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:LessThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:ThreeToTwelveMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OneToFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:OneToFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MoreThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:MoreThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_FinancialAssetsAtFairValueIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:FinancialAssetsAtFairValueIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember_custom_LevelIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:FinancialAssetsAtFairValueIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:FinancialAssetsAtFairValueIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_FinancialLiabilitiesAtFairValueIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:FinancialLiabilitiesAtFairValueIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember_custom_LevelIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:FinancialLiabilitiesAtFairValueIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:FinancialLiabilitiesAtFairValueIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001499780</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    <xbrli:unit id="Pure">
      <xbrli:measure>xbrli:pure</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Euro">
      <xbrli:measure>iso4217:EUR</xbrli:measure>
    </xbrli:unit>
  </ix:resources>
 </ix:header>
</div>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">As filed with the Securities and Exchange Commission
on April 11, 2022</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"></p>

<!-- Field: Rule-Page --><div style="margin-top: 3pt; margin-bottom: 12pt; width: 100%"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"></p>

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; color: Black; letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b><br />
</b></p>

<p style="font: 400 18pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px; margin-top: 4pt; margin-bottom: 0; background-color: rgb(255, 255, 255)"><span style="font: 16pt Times New Roman, Times, Serif"><b>UNITED
STATES</b></span></p>

<p style="font: 400 18pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px; margin-top: 0; margin-bottom: 0; background-color: rgb(255, 255, 255)"><span style="font: 16pt Times New Roman, Times, Serif"><b>SECURITIES
AND EXCHANGE COMMISSION</b></span></p>

<p style="font: 400 12pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px; margin-top: 0; margin-bottom: 0; background-color: rgb(255, 255, 255)"><span style="font: 16pt Times New Roman, Times, Serif"><b>WASHINGTON,
D.C. 20549</b></span></p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px"></p>

<p><span id="xdx_90A_edei--CurrentFiscalYearEndDate_c20210101__20211231_zsdxlHfncxzj" style="display: none"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:CurrentFiscalYearEndDate">--12-31</ix:nonNumeric></span></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto 18pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p></p>

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; color: Black; letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font: 18pt Times New Roman, Times, Serif"><b>FORM
<span id="xdx_902_edei--DocumentType_c20210101__20211231_zaPucenpbgP9"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:DocumentType">20-F</ix:nonNumeric></span></b></span></p>

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; color: Black; letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font: 18pt Times New Roman, Times, Serif"><b><span></span></b></span></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; color: Black; letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font: 18pt Times New Roman, Times, Serif"><b>&#160;</b></span></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0 0 0 20pt; text-align: center"><b><span></span></b></p>

<p style="font: 12pt Times New Roman; text-align: center; text-transform: none; margin-top: 0pt; margin-bottom: 0pt">&#160;<span id="xdx_902_edei--DocumentRegistrationStatement_c20210101__20211231_zb7oXe2l1ph3"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleanfalse" name="dei:DocumentRegistrationStatement">&#9744;</ix:nonNumeric></span> <b>REGISTRATION
STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934</b></p>



<p style="font: 400 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; margin-top: 12pt; margin-bottom: 0; background-color: rgb(255, 255, 255)"><b>OR</b></p>

<p style="font: 400 12pt Times New Roman, Times, Serif; margin-left: 20pt; text-align: center; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; margin-top: 0; margin-bottom: 0; background-color: rgb(255, 255, 255)">&#160;</p>

<p style="font: 12pt Times New Roman; text-align: center; text-transform: none; margin-top: 0pt; margin-bottom: 0pt"><span id="xdx_90E_edei--DocumentAnnualReport_c20210101__20211231_zfJ7DlhsUEob"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleantrue" name="dei:DocumentAnnualReport">&#9746;</ix:nonNumeric>
</span><b>ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT&#160;OF 1934</b>&#160;</p>

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; color: Black; letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font: 18pt Times New Roman, Times, Serif"><b></b></span></p>

<p style="text-align: center; font-size: 1pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>For
the fiscal year ended <span id="xdx_90C_edei--DocumentPeriodEndDate_c20210101__20211231_zAKkpn2mEmP5"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">December 31, <span id="xdx_909_edei--DocumentFiscalYearFocus_c20210101__20211231_zg54oV56oUP6"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:DocumentFiscalYearFocus">2021</ix:nonNumeric></span></ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b><span><span>&#160;</span></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b><span><span>OR</span></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"></p><p style="font: 400 6pt Times New Roman, Times, Serif; margin-left: 20pt; text-align: center; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; margin-top: 0; margin-bottom: 0; background-color: rgb(255, 255, 255)">&#160;</p>

<p style="font: 12pt Times New Roman; text-align: center; text-transform: none; margin-top: 0pt; margin-bottom: 0pt"><span id="xdx_90E_edei--DocumentTransitionReport_c20210101__20211231_zr5gFbOz4Gvj"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleanfalse" name="dei:DocumentTransitionReport">&#9744;</ix:nonNumeric></span> <b>TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></p>


<p style="font: 400 10pt Times New Roman, Times, Serif; margin-left: 20pt; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; margin-top: 12pt; margin-bottom: 0; background-color: rgb(255, 255, 255)"><b></b></p>

<p style="font: 400 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; margin-top: 12pt; margin-bottom: 0; background-color: rgb(255, 255, 255)"><b>OR</b></p>

<p style="font: 400 12pt Times New Roman, Times, Serif; margin-left: 20pt; text-align: center; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; margin-top: 0; margin-bottom: 0; background-color: rgb(255, 255, 255)">&#160;</p>

<p style="font: 12pt Times New Roman; text-align: center; text-transform: none; margin-top: 0pt; margin-bottom: 0pt"><span id="xdx_909_edei--DocumentShellCompanyReport_c20210101__20211231_zrQeL2S8vQj5"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleanfalse" name="dei:DocumentShellCompanyReport">&#9744;</ix:nonNumeric></span> <b>SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></p>


<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px"></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>Date
of event requiring this shell company report ________________</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>For
the transition period from ___________ to ___________</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b>Commission
file number <span id="xdx_906_edei--EntityFileNumber_c20210101__20211231_zYhZCwODbkt"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityFileNumber">001-34985</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px"><b><span>&#160;</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px"></p>

<p style="font: 14pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span id="xdx_90C_edei--EntityRegistrantName_c20210101__20211231_z2rCFcuXHqHc" style="font: 24pt Times New Roman, Times, Serif"><b><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityRegistrantName">Globus
Maritime Limited</ix:nonNumeric></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font: 10pt Times New Roman, Times, Serif"><b>(Exact
name of Registrant as Specified in its Charter)</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>Not
Applicable</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">(Translation
of Registrant&#8217;s name into English)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b><span id="xdx_909_edei--EntityIncorporationStateCountryCode_c20210101__20211231_zaZoCFXPr4Ub"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt-sec:edgarprovcountryen" name="dei:EntityIncorporationStateCountryCode">Republic
of the Marshall Islands</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">(Jurisdiction
of Incorporation or Organization)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b><span id="xdx_908_edei--EntityAddressAddressLine1_c20210101__20211231_zGWyXFWPkzRe"><span id="xdx_906_edei--EntityAddressAddressLine1_c20210101__20211231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember_ztyW7akcMTFa"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityAddressAddressLine1"><ix:nonNumeric contextRef="From2021-01-012021-12-31_dei_BusinessContactMember" name="dei:EntityAddressAddressLine1">128
Vouliagmenis Ave., 3rd Floor</ix:nonNumeric></ix:nonNumeric></span></span>, <span id="xdx_90C_edei--EntityAddressPostalZipCode_c20210101__20211231_zE7zUt5h6ab2"><span id="xdx_90A_edei--EntityAddressPostalZipCode_c20210101__20211231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember_zHdVAu2fEqq3"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityAddressPostalZipCode"><ix:nonNumeric contextRef="From2021-01-012021-12-31_dei_BusinessContactMember" name="dei:EntityAddressPostalZipCode">166 74</ix:nonNumeric></ix:nonNumeric></span></span> <span id="xdx_90C_edei--EntityAddressCityOrTown_c20210101__20211231_zqmUylPCyrnf"><span id="xdx_906_edei--EntityAddressCityOrTown_c20210101__20211231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember_zei74Rq0mHEd"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityAddressCityOrTown"><ix:nonNumeric contextRef="From2021-01-012021-12-31_dei_BusinessContactMember" name="dei:EntityAddressCityOrTown">Glyfada, Attica</ix:nonNumeric></ix:nonNumeric></span></span>, <span id="xdx_90C_edei--EntityAddressCountry_c20210101__20211231_zLwsFaYPjyz1"><span id="xdx_901_edei--EntityAddressCountry_c20210101__20211231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember_zKmnUVNC4zwe"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt-sec:countrynameen" name="dei:EntityAddressCountry"><ix:nonNumeric contextRef="From2021-01-012021-12-31_dei_BusinessContactMember" format="ixt-sec:countrynameen" name="dei:EntityAddressCountry">Greece</ix:nonNumeric></ix:nonNumeric></span></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">(Address
of Principal Executive Offices)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b><span id="xdx_90A_edei--ContactPersonnelName_c20210101__20211231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember_zKeSH8CxotJ6"><ix:nonNumeric contextRef="From2021-01-012021-12-31_dei_BusinessContactMember" name="dei:ContactPersonnelName">Athanasios
Feidakis</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>128
Vouliagmenis Avenue, 3rd Floor</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>166
74 Glyfada, Attica, Greece</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>Tel:
<span id="xdx_900_edei--CityAreaCode_c20210101__20211231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember_zRPeEN60iJj1"><ix:nonNumeric contextRef="From2021-01-012021-12-31_dei_BusinessContactMember" name="dei:CityAreaCode">+30</ix:nonNumeric></span> <span id="xdx_90D_edei--LocalPhoneNumber_c20210101__20211231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember_z3cfDDb6SWe5"><ix:nonNumeric contextRef="From2021-01-012021-12-31_dei_BusinessContactMember" name="dei:LocalPhoneNumber">210 960 8300</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>Facsimile:
+30 210 960 8359</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">(Name,
Telephone, E-mail and/or Facsimile Number and Address of Company Contact Person)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px">Securities
registered or to be registered pursuant to Section 12(b) of the Act.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman , Times, serif; letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="text-decoration: underline; width: 35%; padding-right: 0.8pt; text-align: center"><span style="text-decoration: underline">Title&#160;of&#160;each&#160;class</span></td>
    <td style="text-decoration: underline; width: 20%; padding-right: 0.8pt; text-align: center"><span style="text-decoration: underline">Trading Symbol</span></td>
    <td style="text-decoration: underline; width: 45%; padding-right: 0.8pt; text-align: center"><span style="text-decoration: underline">Name&#160;of&#160;each&#160;exchange&#160;on&#160;which&#160;registered</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 0.8pt; text-align: center"><b><span id="xdx_90F_edei--Security12bTitle_c20210101__20211231_zDtIWTUNWhbi"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:Security12bTitle">Common&#160;Shares, par value $0.004&#160;per share</ix:nonNumeric></span></b></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><b><span id="xdx_90D_edei--TradingSymbol_c20210101__20211231_zQuoYUn3ek3k"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:TradingSymbol">GLBS</ix:nonNumeric></span></b></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><b><span id="xdx_906_edei--SecurityExchangeName_c20210101__20211231_z6K45j9M5hjh"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">Nasdaq</ix:nonNumeric></span>&#160;Capital&#160;Market</b></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px"></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px">Securities
registered or to be registered pursuant to Section 12(g) of the Act.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>None</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">(Title
of Class)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px">Securities
for which there is a reporting obligation pursuant to Section 15(d) of the Act.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>None</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">(Title
of Class)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Indicate
the number of outstanding shares of each of the issuer&#8217;s classes of capital or common stock as of the close of the period covered
by the annual report.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b>As
of December 31, 2021, there were <span id="xdx_905_edei--EntityCommonStockSharesOutstanding_iI_c20211231_zpN5QB0PNHve"><ix:nonFraction name="dei:EntityCommonStockSharesOutstanding" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">20,582,301</ix:nonFraction></span></b><b>
of the registrant&#8217;s common shares outstanding and 10,300 Series B preferred shares outstanding.</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font-family: Wingdings">&#168;</span>&#160;Yes&#160;<span style="font-family: Wingdings">x</span>&#160;<span id="xdx_904_edei--EntityVoluntaryFilers_c20210101__20211231_zQmTe4JUinY2"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityVoluntaryFilers">No</ix:nonNumeric></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">If
this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font-family: Wingdings">&#168;</span>&#160;Yes&#160;<span style="font-family: Wingdings">x</span>&#160;<span id="xdx_907_edei--EntityWellKnownSeasonedIssuer_c20210101__20211231_zFnZJ6dHvYq7"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityWellKnownSeasonedIssuer">No</ix:nonNumeric></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Note
&#8211; Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 from their obligations under those Sections.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font-family: Wingdings">x</span>&#160;<span id="xdx_902_edei--EntityCurrentReportingStatus_c20210101__20211231_zgYQo5ayPOLi"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityCurrentReportingStatus">Yes</ix:nonNumeric></span>&#160;<span style="font-family: Wingdings">&#168;</span>&#160;No</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center"><span style="background-color: white">Indicate
by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted&#160;pursuant to
Rule 405 of Regulation S-T (&#167; 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant
was required to submit and post such files).&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0px"><span style="font-family: Wingdings">x</span>&#160;<span id="xdx_90E_edei--EntityInteractiveDataCurrent_c20210101__20211231_zo03wqdWN221"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityInteractiveDataCurrent">Yes</ix:nonNumeric></span>&#160;<span style="font-family: Wingdings">&#168;</span>&#160;No</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of
&#8220;accelerated filer and large accelerated filer&#8221; in Rule 12b-2 of the Exchange Act. (Check one):</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman , Times, serif; letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="text-align: center">Large accelerated filer&#160;<span style="font-family: Wingdings">&#168;</span></td>
    <td colspan="2" style="text-align: center"><span id="xdx_90C_edei--EntityFilerCategory_c20210101__20211231_zQ0L4uL98MXe"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt-sec:entityfilercategoryen" name="dei:EntityFilerCategory">Accelerated filer</ix:nonNumeric></span>&#160;<span style="font-family: Wingdings">x</span></td>
    <td style="text-align: center">Non-accelerated filer&#160;<span style="font-family: Wingdings">&#168;</span></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 33%">&#160;</td>
    <td style="text-align: center; width: 17%">&#160;</td>
    <td style="width: 17%">&#160;</td>
    <td style="text-align: center; width: 33%">Emerging Growth Company&#160;<span style="font-family: Wingdings"><span id="xdx_905_edei--EntityEmergingGrowthCompany_c20210101__20211231_z3rcmNt5L2m8"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: left; text-indent: 0px"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: right; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">If
an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards&#8224; provided
pursuant to Section 13(a) of the Exchange Act.&#160;<span style="font-family: Wingdings">&#168;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">&#8224;
The term &#8220;new or revised financial accounting standard&#8221; refers to any update issued by the Financial Accounting Standards
Board to its Accounting Standards Codification after April 5, 2012.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Indicate
by check mark whether the registrant has filed a report on and attestation to its management&#8217;s assessment of the effectiveness
of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the
registered public accounting firm that prepared or issued its audit report.&#160;<span style="font-family: Wingdings"><span id="xdx_903_edei--IcfrAuditorAttestationFlag_c20210101__20211231_zmxQYWYPFRjh"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleantrue" name="dei:IcfrAuditorAttestationFlag">x</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Indicate
by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filling:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman , Times, serif; letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="text-align: center; width: 33%; padding-right: 0.8pt; padding-left: 0.5in">U.S.&#160;GAAP&#160;<span style="font-family: Wingdings">&#168;</span></td>
    <td style="text-align: center; width: 34%"><span id="xdx_90B_edei--DocumentAccountingStandard_c20210101__20211231_zRMeTyXLwKz7"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:DocumentAccountingStandard">International Financial Reporting Standards</ix:nonNumeric></span> as issued <span style="font-family: Times New Roman, Times, Serif">by the International Accounting Standards
Board </span><span style="font-family: Wingdings">x</span></td>
    <td style="text-align: center; width: 33%; padding-right: 0.8pt">Other&#160;<span style="font-family: Wingdings">&#168;</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">If
&#8220;Other&#8221; has been checked in response to the previous question, indicate by check mark which financial statement item the registrant
has elected to follow.&#160;<b>N/A</b>&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center"><span style="font-family: Wingdings">&#168;</span>&#160;Item
17&#160;&#160;&#160;&#160;&#160;<span style="font-family: Wingdings">&#168;</span>&#160;Item 18</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">If
this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).&#160;&#160;<span style="font-family: Wingdings">&#168;</span>&#160;Yes&#160;<span style="font-family: Wingdings">x&#160;</span><span id="xdx_909_edei--EntityShellCompany_c20210101__20211231_zuNKXEfXLfc8"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" format="ixt:booleanfalse" name="dei:EntityShellCompany">No</ix:nonNumeric></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">(APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center">Indicate
by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.&#160;<b>N/A</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center"><span style="font-family: Wingdings">&#168;&#160;</span>Yes&#160;<span style="font-family: Wingdings">&#168;</span>&#160;No</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: center; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<!-- Field: Rule-Page --><div style="margin-top: 3pt; margin-bottom: 9pt; width: 100%"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;&#160;</p>



<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 36pt">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 36pt"><b><span id="a_00Table"></span>TABLE OF CONTENTS</b></p>

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






<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="width: 90%"><a href="#a_001">CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS</a></td>
    <td style="text-align: center; width: 10%"><a href="#a_001">3</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_002">PART I</a></td>
    <td style="text-align: center"><a href="#a_002">5</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_003">Item 1.&#160;&#160;Identity of Directors, Senior Management and Advisers</a></td>
    <td style="text-align: center"><a href="#a_003">5</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_004">Item 2.&#160;&#160;Offer Statistics and Expected Timetable</a></td>
    <td style="text-align: center"><a href="#a_004">5</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_005">Item 3.&#160;&#160;Key Information</a></td>
    <td style="text-align: center"><a href="#a_005">5</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_006">Item 4.&#160;&#160;Information on the Company</a></td>
    <td style="text-align: center"><a href="#a_006">43</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_007">Item 4A.&#160; Unresolved Staff Comments</a></td>
    <td style="text-align: center"><a href="#a_007">65</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_008">Item 5.&#160;&#160;Operating and Financial Review and Prospects</a></td>
    <td style="text-align: center"><a href="#a_008">65</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_009">Item 6.&#160;&#160;Directors, Senior Management and Employees</a></td>
    <td style="text-align: center"><a href="#a_009">93</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_010">Item 7.&#160;&#160;Major Shareholders and Related Party Transactions</a></td>
    <td style="text-align: center"><a href="#a_010">98</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_011">Item 8.&#160;&#160;Financial Information</a></td>
    <td style="text-align: center"><a href="#a_011">102</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_012">Item 9.&#160;&#160;The Offer and Listing</a></td>
    <td style="text-align: center"><a href="#a_012">103</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_013">Item 10.&#160;&#160;Additional Information</a></td>
    <td style="text-align: center"><a href="#a_013">103</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_014">Item 11.&#160;&#160;Quantitative and Qualitative Disclosures About Market Risk</a></td>
    <td style="text-align: center"><a href="#a_014">125</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_015">Item 12.&#160;&#160;Description of Securities Other than Equity Securities</a></td>
    <td style="text-align: center"><a href="#a_015">126</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_016">PART II</a></td>
    <td style="text-align: center"><a href="#a_016">126</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_017">Item 13.&#160;&#160;Defaults, Dividend Arrearages and Delinquencies</a></td>
    <td style="text-align: center"><a href="#a_017">126</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_018">Item 14.&#160;&#160;Material Modifications to the Rights of Security Holders and Use of Proceeds</a></td>
    <td style="text-align: center"><a href="#a_018">126</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_019">Item 15.&#160;&#160;Controls and Procedures</a></td>
    <td style="text-align: center"><a href="#a_019">127</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_020">Item 16A.&#160;&#160;Audit Committee Financial Expert</a></td>
    <td style="text-align: center"><a href="#a_020">128</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_021">Item 16B.&#160;&#160;Code of Ethics</a></td>
    <td style="text-align: center"><a href="#a_021">128</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_022">Item 16C.&#160;&#160;Principal Accountant Fees and Services</a></td>
    <td style="text-align: center"><a href="#a_022">128</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_023">Item 16D.&#160;&#160;Exemptions from the Listing Standards for Audit Committees</a></td>
    <td style="text-align: center"><a href="#a_023">129</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_024">Item 16E.&#160;&#160;Purchases of Equity Securities by the Issuer and Affiliated Purchasers</a></td>
    <td style="text-align: center"><a href="#a_024">129</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_025">Item 16F.&#160;&#160;Change in Registrant&#8217;s Certifying Accountant</a></td>
    <td style="text-align: center"><a href="#a_025">129</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_026">Item 16G.&#160;&#160;Corporate Governance</a></td>
    <td style="text-align: center"><a href="#a_026">129</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_027">Item 16H.&#160;&#160;Mining Safety Disclosure</a></td>
    <td style="text-align: center"><a href="#a_027">130</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_028">Item 16I.&#160;&#160;Disclosure Regarding Foreign Jurisdictions that Prevent Inspections</a></td>
    <td style="text-align: center"><a href="#a_028">130</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_029">PART III</a></td>
    <td style="text-align: center"><a href="#a_029">130</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_030">Item 17.&#160;&#160;Financial Statements</a></td>
    <td style="text-align: center"><a href="#a_030">130</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_031">Item 18.&#160;&#160;Financial Statements</a></td>
    <td style="text-align: center"><a href="#a_031">130</a></td></tr>
  <tr style="vertical-align: bottom">
    <td><a href="#a_032">Item 19.&#160;&#160;Exhibits</a></td>
    <td style="text-align: center"><a href="#a_032">130</a></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"></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>


<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 2 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->


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

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

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span id="a_001"></span>CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This annual report on Form 20-F contains forward-looking
statements and information within the meaning of U.S. securities laws, and Globus Maritime Limited desires to take advantage of the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with
this safe harbor legislation.</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 &#8220;Company,&#8221; &#8220;Globus,&#8221; &#8220;Globus
Maritime,&#8221; &#8220;we,&#8221; &#8220;our&#8221; and &#8220;us&#8221; refer to Globus Maritime Limited and its subsidiaries, unless
the context otherwise requires.</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">Forward-looking statements provide our current expectations
or forecasts of future events. Forward-looking statements include statements about our expectations, beliefs, plans, objectives, intentions,
assumptions and other statements that are not historical facts or that are not present facts or conditions. Forward-looking statements
and information can generally be identified by the use of forward-looking terminology or words, such as &#8220;anticipate,&#8221; &#8220;approximately,&#8221;
&#8220;believe,&#8221; &#8220;continue,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;forecast,&#8221; &#8220;intend,&#8221;
&#8220;may,&#8221; &#8220;ongoing,&#8221; &#8220;pending,&#8221; &#8220;perceive,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221;
&#8220;predict,&#8221; &#8220;project,&#8221; &#8220;seeks,&#8221; &#8220;should,&#8221; &#8220;views&#8221; or similar words or phrases
or variations thereon, or the negatives of those words or phrases, or statements that events, conditions or results &#8220;can,&#8221;
&#8220;will,&#8221; &#8220;may,&#8221; &#8220;must,&#8221; &#8220;would,&#8221; &#8220;could&#8221; or &#8220;should&#8221; occur or be
achieved and similar expressions in connection with any discussion, expectation or projection of future operating or financial performance,
costs, regulations, events or trends. The absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking
statements and information are based on management&#8217;s current expectations and assumptions, which are inherently subject to uncertainties,
risks and changes in circumstances that are difficult to predict.</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">Without limiting the generality of the foregoing,
all statements in this annual report on Form 20-F concerning or relating to estimated and projected earnings, margins, costs, expenses,
expenditures, cash flows, growth rates, future financial results and liquidity are forward-looking statements. In addition, we, through
our senior management, from time to time may make forward-looking public statements concerning our expected future operations and performance
and other developments. Such forward-looking statements are necessarily estimates reflecting our best judgment based upon current information
and involve a number of risks and uncertainties. Other factors may affect the accuracy of these forward-looking statements and our actual
results may differ materially from the results anticipated in these forward-looking statements. While it is impossible to identify all
such factors, factors that could cause actual results to differ materially from those estimated by us may include, but are not limited
to, those factors and conditions described under &#8220;Item 3.D. Risk Factors&#8221; as well as general conditions in the economy, dry
bulk industry and capital markets and effects of COVID-19 and world conflicts. We undertake no obligation to revise any forward-looking
statement to reflect circumstances or events after the date of this annual report on Form 20-F or to reflect the occurrence of unanticipated
events or new information, other than any obligation to disclose material information under applicable securities laws. Forward-looking
statements appear in a number of places in this annual report on Form 20-F including, without limitation, in the sections entitled &#8220;Item
5. Operating and Financial Review and Prospects,&#8221; &#8220;Item 4.A. History and Development of the Company&#8221; and &#8220;Item
8.A. Consolidated Statements and Other Financial Information&#8212;Dividend Policy.&#8221;</p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Terms Used in this Annual Report on Form 20-F</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">References to our common shares are references to
Globus Maritime Limited&#8217;s registered common shares, par value $0.004 per share, or, as applicable, the ordinary shares of Globus
Maritime Limited prior to our redomiciliation into the Marshall Islands on November 24, 2010.</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">References to our Class B shares are references to
Globus Maritime Limited&#8217;s registered Class B shares, par value $0.001 per share, none of which are currently outstanding. We refer
to both our common shares and Class B shares as our shares. References to our shareholders are references to the holders of our common
shares and Class B shares. References to our Series A Preferred Shares are references to our shares of Series A preferred stock, par value
$0.001 per share, none of which were outstanding on December 31, 2020 and 2021 as well as on the date of this annual report on Form 20-F.</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 0 10pt; text-align: justify; text-indent: 0cm">On July 29, 2010, we effected
a 1-4 reverse split of our common shares. On October 20, 2016, we effected a 1-4 reverse stock split which reduced the number of outstanding
common shares from 10,510,741 to 2,627,674 shares (adjustments were made based on fractional shares). On October 15, 2018, the Company
effected a 1-10 reverse stock split which reduced the number of outstanding common shares from 32,065,077 to 3,206,495 shares (adjustments
were made based on fractional shares). On October 21, 2020, the Company effected a 1-100 reverse stock split which reduced number of
outstanding common shares from 175,675,651 to 1,756,720 shares (adjustments were made based on fractional shares). Unless otherwise noted,
all historical </p>

<!-- Field: Page; Sequence: 2 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">share numbers and per share amounts
in this annual report on Form 20-F have been adjusted to give effect to these reverse splits.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Unless otherwise indicated, all references to &#8220;dollars&#8221;
and &#8220;$&#8221; in this annual report on Form 20-F are to, and amounts are presented in, U.S. dollars. References to our ships, our
vessels or out fleet relates to the ships that we own, unless context otherwise requires.</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"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Rounding</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">Certain financial information has been rounded, and,
as a result, certain totals shown in this annual report on Form 20-F may not equal the arithmetic sum of the figures that should otherwise
aggregate to those totals.</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;&#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">&#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">&#160;</p>

<!-- Field: Page; Sequence: 3 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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: bold 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>

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

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span id="a_002"></span>PART I</p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_003"></span>Item 1.&#160;&#160;Identity of Directors, Senior
Management and Advisers</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">Not Applicable.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_004"></span>Item 2.&#160;&#160;Offer Statistics and Expected
Timetable</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">Not Applicable.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_005"></span>Item 3.&#160;&#160;Key Information</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 36pt"></td><td style="width: 18pt"><b><i>A.</i></b></td><td style="text-align: justify"><b><i>[Reserved]</i></b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>B. Capitalization and Indebtedness</i></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">Not Applicable.</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: 36pt"><b><i>C.&#160;&#160;Reasons for
the Offer and Use of Proceeds</i></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">Not Applicable.</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: 36pt"><b><i>D.&#160;&#160;Risk Factors</i></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"><i>This annual report on Form 20-F contains forward-looking
statements and information within the meaning of U.S. securities laws that involve risks and uncertainties. Our actual results may differ
materially from the results discussed in the forward-looking statements and information. Factors that may cause such a difference include
those discussed below and elsewhere in this annual report on Form 20-F.</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"><i>Some of the following risks relate principally
to the industry in which we operate and our business in general. Other risks relate principally to the securities market and ownership
of our common shares. The occurrence of any of the events described in this section could significantly and negatively affect our business,
financial condition, operating results, and ability to pay dividends or the trading price of our common shares, and you may lose all or
part of your investment.</i>&#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><span style="text-decoration: underline">Summary of Risk Factors</span></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"><i>Below is a summary of the principal factors that
make an investment in our common stock speculative or risky. This summary does not address all of the risks that we face. Additional discussion
of the risks summarized in this risk factor summary, and other risks that we face, can be found below under the headings &#8220;Risks
relating to Our Industry&#8221; and &#8220;Company Specific Risk Factors&#8221; and should be carefully considered, together with other
information in this Annual Report on Form 20-F and our other filings with the Securities and Exchange Commission (the &#8220;SEC&#8221;),
before making an investment decision regarding our common stock.</i></p>

<p style="font: 12pt -webkit-standard,serif; margin: 0; text-align: justify; text-indent: 18pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>The international dry bulk shipping industry is cyclical and volatile.
</i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The dry bulk vessel charter market remains significantly below its high in 2008.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The international shipping industry and dry bulk market are highly competitive.</i></td></tr></table>


<!-- Field: Page; Sequence: 4 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->
<p style="margin-top: 0; margin-bottom: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Disruptions in global financial markets from terrorist attacks, regional armed conflicts, general political
unrest, the emergence of a pandemic or epidemic crisis and the resulting governmental action could have a material adverse impact on our
results of operations, financial condition and cash flows. </i></td></tr></table>

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


<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The current state of the global financial markets and current economic conditions may adversely impact
the dry bulk shipping industry.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We depend on short-term or spot charters in volatile shipping markets.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>An over-supply of dry bulk carrier capacity may depress charter rates.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The market values of our vessels have fluctuated, and have from time to time triggered certain financial
covenants under our existing and potentially future loan and credit facilities. </i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our industry is subject to complex laws and regulations.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: italic 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol; font-style: normal; font-weight: normal">&#183;</span></td><td style="text-align: justify"><span style="font-weight: normal">Climate change and greenhouse gas restrictions may be imposed.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>We are dependent on our charterers and other counterparties fulfilling
their obligations under agreements with us, and their inability or unwillingness to honor these obligations could significantly reduce
our revenues and cash flow. </i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Capital expenditures and other costs necessary to operate and maintain our vessels may increase.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Seasonal fluctuations in industry demand could affect us.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our insurance may not be adequate to cover our losses that may result from our operations.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our vessels are exposed to operational risks.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We may be subject to funding calls by our protection and indemnity clubs, and our clubs may not have
enough resources to cover claims made against them.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We may be subject to increased inspection procedures, tighter import and export controls and new security
regulations.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Rising fuel prices may adversely affect our profits.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Increases in crew costs may adversely affect our profits.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Maritime claimants could arrest our vessels.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Governments could requisition our vessels during a period of war or emergency.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Compliance with safety and other vessel requirements imposed by classification societies may be costly.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>A further economic slowdown or changes in the economic, regulatory and political environment in the
Asia Pacific region could reduce dry bulk trade demand.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>Pandemics such as the  coronavirus (COVID-19) make it very difficult
for us to operate in the short-term and have unpredictable long-term consequences, all of which could decrease the supply of and demand
for the raw materials we transport, the rates that we are paid to carry our cargo, and our financial outlook.</i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We conduct a substantial amount of business in China.</i></td></tr></table>

<!-- Field: Page; Sequence: 5 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->
<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Sulphur regulations to reduce air pollution from ships may require retrofitting of vessels and may
cause us to incur significant costs.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Environmental, social and governance matters may impact our business and reputation.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our stock price has been volatile and no assurance can be made that it will not substantially depreciate.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We may issue additional common shares or other equity securities without shareholder approval, which
would dilute our existing shareholders&#8217; ownership interests and may depress the market price of our common shares.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Future issuances or sales, or the potential for future issuances or sales, of our common shares may
cause the trading price of our securities to decline and could impair our ability to raise capital through subsequent equity offerings.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>The market price of our common shares may be volatile, which could result
in substantial losses for investors who purchase our shares; and the volatility in the stock prices of other companies may contribute
to volatility in our stock price.&#160;</i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>A possible &#8220;short squeeze&#8221; due to a sudden increase in demand
of our common shares that largely exceeds supply may lead to further price volatility in our common shares.</i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>We may not be able to attract and retain key management personnel and
other employees in the shipping industry.</i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our loan agreement contains, and we expect that future loan agreements and financing arrangements will
contain, restrictive covenants that may limit our liquidity and corporate activities, which could limit our operational flexibility and
have an adverse effect on our financial condition and results of operations. In addition, because of the presence of cross-default provisions
in our loan agreement and the expectation that such will exist in any future loan agreements and financing arrangements, a default by
us under one loan could lead to defaults under multiple loans.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We cannot assure you that we will be able to refinance our existing indebtedness or obtain additional
financing.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>Our common shares could be delisted from Nasdaq, which could affect their
market price and liquidity.</i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We may be unable to successfully employ our vessels on long-term time charters or take advantage of
favorable opportunities involving short-term or spot market charter rates.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>As we expand our business, we may have difficulty improving our operating and financial systems and
recruiting suitable employees and crew for our vessels.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The smuggling of drugs or other contraband onto our vessels may lead to governmental claims against
us.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Labor interruptions could disrupt our business.</i></td></tr></table>

<!-- Field: Page; Sequence: 6 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our charterers may renegotiate or default on their charters.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The aging of our fleet may result in increased operating costs in the future.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We may have difficulty managing our planned growth properly.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Legislative or regulatory changes in Greece may adversely affect our results from operations.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We rely on our information systems to conduct our business.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We expect that a limited number of financial institutions will hold our cash including financial institutions
that may be located in Greece.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Purchasing and operating secondhand vessels may result in increased operating costs and reduced fleet
utilization.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our ability to declare and pay dividends to holders of our common shares will depend on a number of
factors and will always be subject to the discretion of our board of directors. </i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We are a holding company, and we will depend on the ability of our subsidiaries to distribute funds
to us in order to satisfy our financial obligations or to make dividend payments.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Management may be unable to provide reports as to the effectiveness of our internal control over financial
reporting or, when applicable, our independent registered public accounting firm may be unable to provide us with unqualified attestation
reports as to the effectiveness of our internal control over financial reporting when required.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Unless we set aside reserves or are able to raise or borrow funds for vessel replacement, at the end
of a vessel&#8217;s useful life our revenues will decline.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We depend upon a few significant customers for a large part of our revenues.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><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: 10pt"><i>Provisions of our articles of incorporation and bylaws may have anti-takeover
effects<span style="background-color: white">, which could depress the trading price of our common shares.</span></i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We generate revenues from the trading of our vessels in U.S. dollars but incur a portion of our expenses
in other currencies. </i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Increases in interest rates may cause the market price of our shares to decline.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>If volatility in the London InterBank Offered Rate, or LIBOR, occurs, or when LIBOR is replaced as
the reference rate under our debt obligations, it could affect our profitability, earnings and cash flow.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The public market may not continue to be active and liquid enough for our shareholders to resell our
common shares in the future.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We may have to pay tax on U.S. source shipping income.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>U.S. tax authorities could treat us as a &#8220;passive foreign investment company,&#8221; which could
result in adverse U.S. federal income tax consequences to U.S. shareholders.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We could face penalties under European Union, United States or other economic sanctions.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Our vessels may call on ports subject to economic sanctions or embargoes.</i></td></tr></table>

<!-- Field: Page; Sequence: 7 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>We are subject to Marshall Islands corporate law, which is not well-developed.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font: 11pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>As a Marshall Islands corporation with principal executive offices in
Greece, and also having subsidiaries in the Marshall Islands and other offshore jurisdictions such as Malta, our operations may be subject
to economic substance requirements. </i></span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>It may be difficult to serve us with legal process or enforce judgments against us, our directors or
our management.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>The international nature of our operations may make the outcome of any bankruptcy proceedings difficult
to predict.</i></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 12pt; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>A cyber-attack could materially disrupt our business.</i></td></tr></table>

<p style="font: 12pt -webkit-standard,serif; margin: 0; text-align: justify; text-indent: 18pt"></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">Risks relating to Our Industry</span></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"><b><i>The international dry bulk shipping industry
is cyclical and volatile. </i></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">The international seaborne transportation
industry is cyclical and has high volatility in charter rates, vessel values and profitability. Fluctuations in charter rates result
from changes in the supply and demand for vessel capacity and changes in the supply and demand for energy resources, commodities,
semi-finished and finished consumer and industrial products internationally carried at sea. Since the early part of 2009, rates have
been volatile and low, relative to previous years. In 2019 although the rates reduced again at the beginning, they reached a peak
during the third quarter, followed by a decreasing trend again. In the beginning of 2020, the rates continued to drop and came close
to the all-time low, but substantially rebounded in 2020 and continued to increase in 2021, reaching in October 2021 the highest
point since 2008. Currently all our vessels are chartered on short-term time charters  or on the spot market, and we are exposed
therefore to changes in spot market and short-term charter rates for dry bulk vessels and such changes affect our earnings and the
value of our dry bulk vessels at any given time. The supply of and demand for shipping capacity strongly influences freight rates.
The factors affecting the supply and demand for vessels are outside of our control, and the nature, timing and degree of changes in
industry conditions are unpredictable.</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 influence demand for vessel capacity
include:</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">port and canal congestion charges;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">general dry bulk shipping market conditions, including fluctuations in charter hire rates and vessel values
and demand for and production of dry bulk products;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">global and regional economic and political conditions, including exchange rates, trade deals, conflicts
and wars (including the Ukraine conflict), and the rate and geographic distributions of economic growth;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">environmental and other regulatory developments;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">the distance dry bulk cargoes are to be moved by sea;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">changes in seaborne and other transportation patterns; and</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">natural disasters and/or world pandemics such as COVID-19.</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">Factors that influence the supply of vessel capacity
include:</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">the size of the newbuilding orderbook;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">the price of steel and vessel equipment;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">technological advances in vessel design and capacity;</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3pt">&#160;</p>

<!-- Field: Page; Sequence: 8 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->
<p style="margin-top: 0; margin-bottom: 0">&#160;&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">the number of newbuild deliveries, which among other factors relates to the ability of shipyards to deliver
newbuilds by contracted delivery dates and the ability of purchasers to finance such newbuilds;</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">the scrapping rate of older vessels;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">port and canal congestion;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">the number of vessels that are in or out of service, including due to vessel casualties; and</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt 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: 36pt">&#8226;</td><td style="text-align: justify">changes in environmental and other regulations that may limit the useful lives of vessels.</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">In addition to the prevailing and anticipated freight
rates, factors that affect the rate of newbuilding, scrapping and laying-up include newbuilding prices, secondhand vessel values in relation
to scrap prices, costs of bunkers and other operating costs, costs associated with classification society surveys, normal maintenance
costs, insurance coverage costs, the efficiency and age profile of the existing dry bulk fleet in the market, and government and industry
regulation of maritime transportation practices, particularly environmental protection laws and regulations. These factors influencing
the supply of and demand for shipping capacity are outside of our control, and we may not be able to correctly assess the nature, timing
and degree of changes in industry 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">We anticipate that the future demand for our dry bulk
vessels and charter rates will be dependent upon continued economic growth in the world&#8217;s economies, seasonal and regional changes
in demand and changes to the capacity of the global dry bulk vessel fleet and the sources and supply of dry bulk cargo to be transported
by sea. Adverse economic, political, social or other developments could negatively impact charter rates and therefore have a material
adverse effect on our business, results of operations and ability to pay dividends. We may also decide that it makes economic sense to
lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those vessels will not be able to earn any hire.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>The dry bulk vessel charter market remains significantly
below its high in 2008.</i></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">The revenues, earnings and profitability of companies
in our industry are affected by the charter rates that can be obtained in the market, which is volatile and has experienced significant
declines since its highs in 2008. The Baltic Dry Index, or the BDI, which is published daily by the Baltic Exchange Limited, or the Baltic
Exchange, a London-based membership organization that provides daily shipping market information to the global investing community, is
an average of selected ship brokers&#8217; assessments of time charter rates paid by a customer to hire a dry bulk vessel to transport
dry bulk cargoes by sea. The BDI has long been viewed as the main benchmark to monitor the movements of the dry bulk vessel charter market
and the performance of the entire dry bulk shipping market. The BDI declined from a high of 11,793 in May 2008 to a low of 663 in December
2008, which represents a decline of 94% within a single calendar year. Since 2009, the BDI has remained fairly depressed compared to
historical numbers. The BDI reached a new all-time low of 290 on February 10, 2016. The BDI remained significantly depressed from 2008-2018.
In 2020, the BDI ranged from a low of 393 on May 14, 2020 to a high of 2,097 on October 6, 2020. In 2021, the BDI rose to a high of 5,650
on October 7, 2021 and had a low of 1,303 on February 10, 2021. During calendar year 2022 to date, the BDI has ranged from a high of
2,727 (on March 14, 2022) to a low of 1,296 (on January 26, 2022).</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 decline and volatility in charter rates in the
dry bulk market also affects the value of our dry bulk vessels, which follows the trends of dry bulk charter rates, and earnings on our
charters, and similarly affects our cash flows, liquidity and compliance with the covenants contained in our loan arrangements.</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><i>The international shipping industry and dry
bulk market are highly competitive.</i></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">The shipping industry and dry bulk market are capital
intensive and highly fragmented with many charterers, owners and operators of vessels and are characterized by intense competition. Competition
arises primarily from other vessel owners, some of whom have substantially greater resources than we do. The trend towards consolidation
in the industry is creating an increasing number of global enterprises capable of competing in multiple markets, which may result in a
greater competitive threat to us. Our competitors may be better positioned to devote greater resources to the development, promotion and
employment of their businesses than we are. Competition for the transportation of cargo by sea is intense and depends on customer relationships,
operating expertise, professional reputation, price, location, size, age, environmental, social, and governance criteria, condition and
the acceptability of the vessel and its operators to the charterers.</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>

<!-- Field: Page; Sequence: 9 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Competition may increase in some or all of our
principal markets, including with the entry of new competitors, who may operate larger fleets through consolidations or acquisitions
and may be able to sustain lower charter rates and offer higher quality vessels than we are able to offer. We may not be able to
continue to compete successfully or effectively with our competitors and our competitive position may be eroded in the future, which
could have an adverse effect on our fleet utilization and, accordingly, business, financial condition, results of operations and
ability to pay dividends.</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; background-color: white"><b><i></i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Disruptions in global financial markets from
terrorist attacks, regional armed conflicts, general political unrest, the emergence of a pandemic or epidemic crisis and the resulting
governmental action could have a material adverse impact on our results of operations, financial condition and cash flows. </i></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">Terrorist attacks in certain parts of the world
and the continuing response of the United States and other countries to these attacks, as well as the threat of future terrorist
attacks, continue to cause uncertainty and volatility in the world financial markets and may affect our business, results of
operations and financial condition. The continuing refugee crisis in the European Union, the continuing war in Syria and the
presence of terrorist organizations in the Middle East, conflicts, wars and turmoil in Yemen, Iraq, Afghanistan, Iran, and Ukraine,
political tension, continuing concerns relating geopolitical events such as the withdrawal of the U.K. from the European Union, or
 Brexit, concerns regarding the emergence of COVID19, and its spread throughout Asia, Europe, North America
and other parts of the world, and other viral outbreaks or conflicts in the Asia Pacific Region such as in the South China Sea,
mainland China and North Korea have led to increased volatility in global credit and equity markets. These uncertainties could also
adversely affect our ability to obtain additional financing on terms acceptable to us or at all. In the past, political conflicts
have also resulted in attacks on vessels, mining of waterways and other efforts to disrupt international shipping, particularly in
the Arabian Gulf region. These types of attacks have also affected vessels trading in regions such as the Black Sea, South China Sea
and the Gulf of Aden off the coast of Somalia. The IMO&#8217;s extraordinary council session held on March 10-11, 2022 addressed the
impacts on shipping and seafarers, as a result of the conflict in the Black Sea and the Sea of Azov. The IMO called for the need to
preserve the integrity of maritime supply chains and the safety and welfare of seafarers and any spillover effects of the military
action on global shipping, logistics and supply chains, in particular the impacts on the delivery of commodities and food to
developing nations and the impacts on energy supplies. Any of these occurrences could have a material adverse impact on our
operating results, revenues and costs.</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">In Europe, large sovereign debts and fiscal deficits, low growth
prospects and high unemployment rates in a number of countries have contributed to the rise of Euroskeptic parties, which would like their
countries to leave the Euro. Brexit further increases the risk of additional trade protectionism. Brexit, or similar events in other jurisdictions,
could continue to impact global markets, including foreign exchange and securities markets; any resulting changes in currency exchange
rates, tariffs, treaties and other regulatory matters could in turn adversely impact our business, cash flows and operations.</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">The conflict between Russia and Ukraine, which commenced
in February 2022, has disrupted supply chains and caused instability and significant volatility in the global economy. Much uncertainty
remains regarding the global impact of the conflict in Ukraine, and it is possible that such instability, uncertainty and resulting volatility
could significantly increase our costs and adversely affect our business, including our ability to secure charters and financing on attractive
terms, and as a result, adversely affect our business, financial condition, results of operation and cash flows.</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>

<!-- Field: Page; Sequence: 10 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">As a result of the conflict between Russia and Ukraine,
Switzerland, the United States, the European Union, the United Kingdom and others have announced unprecedented levels of sanctions and
other measures against Russia and certain Russian entities and nationals. Such sanctions against Russia may adversely affect our business,
financial condition, results of operation and cash flows. For example, apart from the immediate commercial disruptions caused in the conflict
zone, escalating tensions     and fears of potential shortages in the supply of Russian crude have caused the price
of oil to trade above $100 per barrel in March 2022. The ongoing conflict could result in the imposition of further economic sanctions
against Russia, with uncertain impacts on the dry bulk market and the world economy. While we do not have any Ukrainian or Russian crew,
and our vessels currently do not sail in the Black Sea, it is possible that
the conflict in Ukraine, including any increased shipping costs, disruptions of global shipping routes, any impact on the global supply
chain and any impact on current or potential customers caused by the events in Russia and Ukraine, could adversely affect our operations
or financial performance. Due to the recent nature of these activities, the full impact on our business is
not yet known.</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">Further, as a result of Greece&#8217;s sovereign debt
levels (which remain high by historical standards) and the influx of refugees from Syria and other areas, the operations of our Manager
located in Greece may be subjected to new regulations and potential shift in government policies that may require us to incur new or additional
compliance or other administrative costs and may require the payment of new taxes or other fees. We also face the risk that strikes, work
stoppages, civil unrest and violence within Greece could disrupt the shoreside operations of our Manager located in Greece.</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">To date, we are fortunate that these risks have not
materialized in our operations.</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">In addition, global financial markets and
economic conditions have been severely disrupted and volatile in recent years and remain subject to significant vulnerabilities,
such as the deterioration of fiscal balances and the rapid accumulation of public debt, continued deleveraging in the banking sector
and a limited supply of credit. Credit markets as well as the debt and equity capital markets were exceedingly distressed during
2008 and 2009 and have been volatile since that time. The resulting uncertainty and volatility in the global financial markets may
accordingly affect our business, results of operations and financial condition. These uncertainties, as well as future hostilities
or other political instability in regions where our vessels trade, could also affect trade volumes and patterns and adversely affect
our operations, and otherwise have a material adverse effect on our business, results of operations and financial condition, as well
as our cash flows and cash available for distributions to our shareholders.</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">Specifically, these issues, along with the re-pricing
of credit risk and the difficulties currently experienced by financial institutions, have made, and will likely continue to make it difficult
to obtain financing. As a result of the disruptions in the credit markets and higher capital requirements, many lenders have increased
margins on lending rates, enacted tighter lending standards, required more restrictive terms (including higher collateral ratios for advances,
shorter maturities and smaller loan amounts), or have refused to refinance existing debt at all. Furthermore, certain banks that have
historically been significant lenders to the shipping industry have reduced or ceased lending activities in the shipping industry. Additional
tightening of capital requirements and the resulting policies adopted by lenders, could further reduce lending activities. We may experience
difficulties obtaining financing commitments or be unable to fully draw on the capacity under our committed term loans in the future if
our lenders are unwilling to extend financing to us or unable to meet their funding obligations due to their own liquidity, capital or
solvency issues. We cannot be certain that financing will be available on acceptable terms or at all. If financing is not available when
needed, or is available only on unfavorable terms, we may be unable to meet our future obligations as they come due. Our failure to obtain
such funds could have a material adverse effect on our business, results of operations and financial condition, as well as our cash flows,
including cash available for distributions to our shareholders. In the absence of available financing, we also may be unable to take advantage
of business opportunities or respond to competitive pressures.</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>

<!-- Field: Page; Sequence: 11 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>The current state of the global financial markets
and current economic conditions may adversely impact the dry bulk shipping industry.</i></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">Global financial markets and economic conditions have
been, and continue to be, volatile. Recently, operating businesses in the global economy have faced tightening credit, weakening demand
for goods and services, deteriorating international liquidity conditions, and declining markets. There has been a general decline in the
willingness by banks and other financial institutions to extend credit, particularly in the shipping industry, due to the historically
volatile asset values of vessels. As the shipping industry is highly dependent on the availability of credit to finance and expand operations,
it has been negatively affected by this decline.</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">Also, as a result of concerns about the stability
of financial markets generally and the solvency of counterparties specifically, the cost of obtaining money from the credit markets has
increased as many lenders have increased interest rates, enacted tighter lending standards, refused to refinance existing debt at all
or on terms similar to current debt and reduced, and in some cases ceased, to provide funding to borrowers. Due to these factors, we cannot
be certain that financing will be available if needed and to the extent required, on acceptable terms. If financing is not available when
needed, or is available only on unfavorable terms, we may be unable to meet our obligations as they come due or we may be unable to enhance
our existing business, complete additional vessel acquisitions or otherwise take advantage of business opportunities as they arise.</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">If the current global economic environment persists
or worsens, we may be negatively affected in the following ways:</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt 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="font: 12pt Times New Roman, Times, Serif; width: 48px; text-align: justify">&#160;</td><td style="width: 21.3pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">we may not be able to employ our vessels at charter rates as favorable to us as historical rates or operate
our vessels profitably; and</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; width: 48px; text-align: justify">&#160;</td>
<td style="width: 0"></td><td style="width: 21.3pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the market value of our vessels could decrease, which may cause us to recognize losses if any of our vessels
are sold.</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">In addition, lower demand for dry bulk cargoes
as well as diminished trade credit available for the delivery of such cargoes previously led to decreased demand for dry bulk carriers,
creating downward pressure on charter rates and vessel values, and this could happen again in the future. The relatively weak global
economic conditions have and may continue to have a number of adverse consequences for dry bulk and other shipping sectors, including,
among other things:&#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; text-indent: 36pt">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; width: 48px; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px; text-align: justify"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; text-align: justify"><span style="font-size: 10pt">low charter rates, particularly for vessels employed on short-term time charters or in the spot market;</span></td></tr>
  </table>
<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%">
  <tr style="vertical-align: top">
    <td style="width: 48px; text-align: justify">&#160;</td>
    <td style="width: 24px; text-align: justify"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">decreases in the market value of dry bulk vessels and limited secondhand market for the sale of vessels;</span></td></tr>
  </table>
<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"></p>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="text-align: justify; width: 48px">&#160;</td>
    <td style="text-align: justify; width: 24px"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">limited financing for vessels;</span></td></tr>
</table>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px; text-align: justify">&#160;</td>
    <td style="width: 24px; text-align: justify"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">widespread loan covenant defaults; and</span></td></tr>
  </table>
<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%">
  <tr style="vertical-align: top">
    <td style="width: 48px; text-align: justify">&#160;</td>
    <td style="width: 24px; text-align: justify"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">declaration of bankruptcy by certain vessel operators, vessel owners, shipyards and charterers.</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">The occurrence of any of the foregoing could have
a material adverse effect on our business, results of operations, cash flows and financial condition. We may also decide that it makes
economic sense to lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those vessels will not be able
to earn any hire.</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>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We depend on short-term or spot charters in
volatile shipping markets.</i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i></i></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 currently charter all nine vessels we own on
the short-term charter market. The short-term or spot charter market is highly competitive and short-term or spot charter rates may fluctuate
significantly based upon available charters and the supply of and demand for seaborne shipping capacity. While our focus on the short-term
or spot market may enable us to benefit if industry conditions strengthen, we must consistently procure short-term or spot charter business.
Conversely, such dependence makes us vulnerable to declining market rates for short-term or spot charters and to the off-hire periods
including ballast passages. Rates within the short-term or spot charter market are subject to volatile fluctuations while longer-term
time charters provide income at pre-determined rates over more extended periods of time. There can be no assurance that we will be successful
in keeping our vessels fully employed in these short-term markets or that future short-term or spot rates will be sufficient to enable
the vessels to be operated profitably. At current short-term or spot charter rates, we don&#8217;t believe that we will be operating
profitably. A significant decrease in charter rates would affect value and further adversely affect our profitability, cash flows and
ability to pay dividends. We cannot give assurances that future available short-term or spot charters will enable us to operate our vessels
profitably.</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 may also decide that it makes economic sense to
lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those vessels will not be able to earn any hire.</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>

<!-- Field: Page; Sequence: 12 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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: justify"><b><i>An over-supply of dry bulk carrier capacity
may depress charter rates.</i></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">An oversupply of dry bulk vessel capacity,
particularly during a period of economic recession, may result in a reduction of charter hire rates. If we cannot enter into
charters on acceptable terms, we may have to secure charters on the short-term or spot market, where charter rates are more volatile
and revenues are, therefore, less predictable, or we may not be able to charter our vessels at all. In addition, a material increase
in the net supply of dry bulk vessel capacity without corresponding growth in dry bulk vessel demand could have a material adverse
effect on our fleet utilization (including ballast days) and our charter rates generally, and could, accordingly, materially
adversely affect our business, financial condition, results of operations and ability to pay dividends. Clarkson&#8217;s projects
that the supply of dry bulk vessels, as measured in cargo-carrying capacity, will increase 4.7% from 2021-2023. An uptick in charter
rates generally discourages scrapping older vessels, but recent regulatory actions have increased the economic incentive to scrap
certain older vessels. Accordingly, it remains to be seen in 2022 whether the number of worldwide dry bulk carrying capacity, net of
scrapped vessels, will increase.</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">We may also decide that it makes economic sense to
lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those vessels will not be able to earn any hire.</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>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>The market values of our vessels have fluctuated,
and have from time to time triggered certain financial covenants under our existing and potentially future loan and credit facilities.
</i></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">The market value of dry bulk vessels has generally
experienced high volatility. The market prices for secondhand and newbuilding dry bulk vessels in the recent past have declined from historically
high levels to low levels within a short period of time. In particular, as of March 31, 2020, the Company concluded that the recoverable
amounts of the vessels were lower than their carrying amounts and recognized an impairment loss of approximately $4.6 million. However,
the market value of our vessels increased in 2021 and we did not recognize any impairment loss on our vessels in 2021. The market value
of our vessels may increase and decrease depending on a number of factors including:</p>

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

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 92%">prevailing level of charter rates<span style="font-size: 10pt">;</span></td></tr>
</table>

<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: top">
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 92%"><span style="font-size: 10pt">age of vessels;</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"></p>

<p style="margin-top: 0; margin-bottom: 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="padding-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 92%"><span style="font-size: 10pt">the environmental friendliness of our vessels;</span></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</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: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">general economic and market conditions affecting the shipping industry, including
relating to COVID-19 and the Ukraine conflict and related sanctions;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">competition from other shipping companies;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">configurations, sizes and ages of vessels;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">supply and demand for vessels;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">other modes of transportation;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">cost of newbuildings;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">governmental or other regulations; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">technological advances.</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">Our loan agreement with CIT Bank N.A., which we refer
to as our CIT Loan Facility, is secured by mortgages on six of our vessels, and requires us to maintain specified collateral coverage
ratios and to satisfy financial covenants, including requirements based on the market value of our vessels and our liquidity. Our previous
loan facilities had similar requirements, and we expect any future loan agreements to have similar collateral requirements and provisions.
<span style="background-color: white">Since the middle of 2008 through part of 2021, the prevailing conditions in the dry bulk charter
market coupled with the general difficulty in obtaining financing for vessel purchases led to a decline in the market values of our vessels,
which have increased since that time. However, we cannot predict when and if vessel values will again start to decline.</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">As of December 31, 2021, we satisfied the covenants
included in our CIT Loan Facility. For a more detailed discussion see Item 5.B Liquidity and Capital Resources&#8212;Indebtedness and
Note 11 in the Consolidated Financial Statements included herewith.</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>

<!-- Field: Page; Sequence: 13 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Further declines of market values of our vessels may
affect our ability to comply with various covenants and could also limit the amount of funds we are permitted to borrow under our current
or future loan arrangements. If we breach the financial and other covenants under the CIT Loan Facility, our lenders could accelerate
our indebtedness and foreclose on vessels in our fleet, which would significantly impair our ability to continue to conduct our business.
If our indebtedness were accelerated in full or in part, it would be very difficult in the current financing environment for us to refinance
our debt or obtain additional financing and we could lose our vessels if our lenders foreclose upon their liens, which would adversely
affect our business, financial condition, ability to continue our business and pay dividends.</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 a more detailed discussion on our loan covenants
and cross-default provisions, see &#8220;Item 5.B Liquidity and Capital Resources&#8212;Indebtedness.&#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">If we sell any vessel at a time when vessel prices
have fallen and before we have recorded an impairment adjustment to our consolidated financial statements, the sale price may be agreed
at a value lower than the vessel&#8217;s depreciated book value as in our consolidated financial statements at that time, resulting in
a loss and a respective reduction in earnings. If the market values of our vessels decrease, such decrease and its effects could have
a material adverse effect on our business, financial condition, results of operations and ability to pay dividends.</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">If a determination is made that a vessel&#8217;s future
useful life is limited or its future earnings capacity is reduced, it could result in an impairment of its value on our consolidated financial
statements that would result in a charge against our earnings and the reduction of our stockholders&#8217; equity. These impairment costs
could be very substantial.</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><i>Our industry is subject to complex laws and
regulations.</i></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 operations are subject to numerous laws and
regulations in the form of international conventions and treaties, national, state and local laws and national and international
regulations in force in the jurisdictions in which our vessels operate or are registered, which can significantly affect the
ownership and operation of our vessels. These requirements include but are not limited to: U.S. Oil Pollution Act 1990, as amended,
which we refer to as OPA; International Convention for the Safety of Life at Sea, 1974, as amended, which we refer to as SOLAS;
International Convention on Load Lines, 1966; International Convention for the Prevention of Pollution from Ships, 1973, as amended
by the 1978 Protocol, which we refer to as MARPOL; International Convention on Civil Liability for Bunker Oil Pollution Damage,
2001, which we refer to as the Bunker Convention; International Convention on Liability and Compensation for Damage in Connection
with the Carriage of Hazardous and Noxious Substances by Sea, 1996, as superseded by the 2010 Protocol, which we refer to as the HNS
Convention; International Convention on Civil Liability for Oil Pollution Damage of 1969, as amended by the 1992 Protocol and
further amended in 2000, which we refer to as the CLC; International Convention on the Establishment of an International Fund for
Compensation for Oil Pollution Damage, 1971, as amended, which we refer to as the Fund Convention; and Marine Transportation
Security Act of 2002, which we refer to as the MTSA.</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">Government regulation of vessels, particularly in
the area of environmental requirements, can be expected to become more stringent in the future and could require us to incur significant
capital expenditures on our vessels to keep them in compliance, or even to scrap or sell certain vessels altogether. Compliance with such
laws, regulations and standards, where applicable, may require installation of costly equipment or operational changes and increased management
costs and may affect the resale value or useful lives of our vessels. We may also incur additional costs in order to comply with other
existing and future regulatory obligations, including, but not limited to, costs relating to air emissions, the management of ballast
water, recycling of vessels, maintenance and inspection, elimination of tin-based paint, development and implementation of safety and
emergency procedures and insurance coverage or other financial assurance of our ability to address pollution incidents. For instance,
the International Maritime Organization (&#8220;IMO&#8221;) global 0.5% sulphur cap on marine fuels came into force on January 1, 2020,
as stipulated in 2008 amendments to Annex VI to the International Convention for the Prevention of Pollution from ships (&#8220;MARPOL&#8221;).
Our vessels require pricier low-sulphur fuel, which may reduce the amount charterers are willing to pay to charter our vessels. These
and other costs could have a material adverse effect on our business, results of operations, cash flows and financial condition and our
ability to pay dividends.</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">These requirements can also affect the resale prices
or useful lives of our vessels or require reductions in capacity, vessel modifications or operational changes or restrictions. Failure
to comply with these requirements could lead to decreased availability of or more costly insurance coverage for environmental matters
or result in the denial of access to certain jurisdictional waters or ports, or detention in certain ports. Under local, national and
foreign laws, as well as international treaties and conventions, we could incur material liabilities, including cleanup obligations and
claims for impairment of the environment, personal injury and property damages in the event that there is a release of petroleum or other
hazardous materials from our vessels or otherwise in connection with our operations. Violations of, or liabilities under, environmental
regulations can result in substantial penalties, fines and other sanctions, including, in certain instances, seizure or detention of our
vessels. Events of this nature would have a material adverse effect on our business, financial condition and results of operations.</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"></p>

<!-- Field: Page; Sequence: 14 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">&#160;The operation of our vessels is affected by
the requirements set forth in the International Management Code for the Safe Operation of Ships and for Pollution Prevention, or ISM
Code. The ISM Code requires the party with operational control of the vessel to develop, implement and maintain an extensive &#8220;Safety
Management System&#8221; that includes, among other things, the adoption of a safety and environmental protection policy setting forth
instructions and procedures for safe vessel operation and protection of the environment and describing procedures for dealing with emergencies.
Further details in relation to the ISM Code are set out below in the section headed &#8220;Environmental and Other Regulations&#8221;.
The failure of a shipowner or bareboat charterer to comply with the ISM Code may subject it to increased liability, and, if the implementing
legislation so provides, to criminal sanctions, may invalidate or result in the loss of existing insurance or decrease available insurance
coverage for the affected vessels and may result in a denial of access to, or detention in, certain ports. In addition, if we fail to
maintain ISM Code certification for our vessels, we may also breach covenants in our CIT Loan Facility that require that our vessels
be ISM-Code certified. If we breach such covenants due to failure to maintain ISM Code certification and are unable to remedy the relevant
breach, our lender could accelerate our indebtedness and foreclose on the vessels in our fleet securing the CIT Loan Facility. As of
the date of this annual report on Form 20-F, each of our vessels is ISM Code-certified.</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: italic bold 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-align: justify; text-indent: 0cm">Climate change
and greenhouse gas restrictions may be imposed.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Due to concern over the risk of climate change, a
number of countries and the IMO have adopted, or are considering the adoption of, regulatory frameworks to reduce greenhouse gas emissions.
These regulatory measures may include, among others, adoption of cap and trade regimes, carbon taxes, increased efficiency standards and
incentives or mandates for renewable energy. For instance, the IMO imposed a global 0.5% sulphur cap on marine fuels which came into force
on January 1, 2020. Our vessels do not have scrubbers&#8212;air filters that remove sulphur, once burned, from the exhaust emitted by
lower-cost, high-sulphur fuel, which thereby allow ships to burn lower-cost, high-sulphur fuel despite the IMO&#8217;s cap on sulphur
in marine fuels&#8212;and now require pricier low-sulphur fuel, which may reduce the amount charterers are willing to pay to charter our
vessels. In addition, charterers may focus on how environmentally friendly our vessels are, generally, and our rates may be adjusted downwards
accordingly.</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">We discuss this further in this annual report on Form
20-F. See &#8220;Business Overview&#8212;Environmental and Other Regulations&#8212;Regulations to Prevent Pollution from Ships&#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">In addition, although the emissions of greenhouse
gases from international shipping currently are not subject to the Kyoto Protocol to the United Nations Framework Convention on Climate
Change (this task was delegated under the Kyoto Protocol to the IMO for action), which required adopting countries to implement national
programs to reduce emissions of certain gases, a new treaty may be adopted in the future that includes restrictions on shipping emissions.
Compliance with changes in laws, regulations and obligations relating to climate change could increase our costs related to operating
and maintaining our vessels and require us to install new emission controls, acquire allowances or pay taxes related to our greenhouse
gas emissions, or administer and manage a greenhouse gas emissions program. Revenue generation and strategic growth opportunities may
also be adversely affected.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 18pt 0 0; text-align: justify"><b><i>We are dependent on our charterers and
other counterparties fulfilling their obligations under agreements with us, and their inability or unwillingness to honor these obligations
could significantly reduce our revenues and cash flow. </i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify">Payments to us by our charterers under time
charters are and will be our sole source of operating cash flow. Weaknesses in demand for shipping services, increased operating costs
due to changes in environmental or other regulations and the oversupply of large vessels as well as the oversupply of smaller size vessels
due to a cascading effect would place certain of our customers under financial pressure. Any declines in demand could result in worsening
financial challenges to our customers and may increase the likelihood of one or more of our customers being unable or unwilling to pay
us contracted charter rates or going bankrupt.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we lose a time charter because the charterer is
unable to pay us or for any other reason, we may be unable to re-deploy the related vessel on similarly favorable terms or at all. Also,
we will not receive any revenues from such a vessel while it is un-chartered, but we will be required to pay expenses necessary to maintain
and insure the vessel and service any indebtedness on it.</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>

<!-- Field: Page; Sequence: 15 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">The combination of any surplus of dry bulk vessel capacity, the expected entry
into service of new technologically advanced ships, and the expected increase in the size of the world dry bulk fleet over the next few
years may make it difficult to secure substitute employment for any of our vessels if our counterparties fail to perform their obligations
under the currently arranged time charters, and any new charter arrangements we are able to secure may be at lower rates. Furthermore,
the surplus of dry bulk vessels available at lower charter rates could negatively affect our charterers&#8217; willingness to perform
their obligations under our time charters, particularly if the charter rates in such time charters are significantly above the prevailing
market rates. Accordingly, we may have to grant concessions to our charterers in the form of lower charter rates for the remaining duration
of the relevant charter or part thereof, or to agree to re-charter vessels coming off charter at reduced rates compared to the charter
then ended. Because we enter into short-term and medium-term time charters from time-to-time, we may need to re-charter vessels coming
off charter more frequently than some of our competitors, which may have a material adverse effect on business, results of operations
and financial condition, as well as our cash flows, including cash available for distributions to our shareholders.</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 loss of any of our charterers, time charters or
vessels, or a decline in payments under our time charters, could have a material adverse effect on our business, results of operations
and financial condition, as well as our cash flows, including cash available for distributions to our shareholders.</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">In addition to charter parties, we may, among other
things, enter into contracts for the sale or purchase of secondhand dry bulk vessels or, in the future, shipbuilding contracts for newbuildings,
provide performance guarantees relating to shipbuilding contracts to sale and purchase contracts or to charters, enter into credit facilities
or other financing arrangements, accept commitment letters from banks, or enter into insurance contracts and interest or exchange rate
swaps or enter into joint ventures. Such agreements expose us to counterparty credit risk. The ability and willingness of each of our
counterparties to perform its obligations under a contract with us will depend upon a number of factors that are beyond our control and
may include, among other things, general economic conditions, the state of the capital markets, the condition of the ocean-going dry
bulk shipping industry and charter hire rates. Should a counterparty fail to honor its obligations under agreements with us, we could
sustain significant losses, which in turn could have a material adverse effect on our business, results of operations and financial condition,
as well as our cash flows, including cash available for distributions to our shareholders.</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Capital expenditures and other costs necessary
to operate and maintain our vessels may increase.</i></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">Changes in safety or other equipment standards, as
well as compliance with standards imposed by maritime self-regulatory organizations and customer requirements or competition, may require
us to make additional expenditures. In order to satisfy these requirements, we may, from time to time, be required to take our vessels
out of service for extended periods of time, with corresponding losses of revenues. In the future, market conditions may not justify these
expenditures or enable us to operate some or all of our vessels profitably during the remainder of their economic lives.</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><i>Seasonal fluctuations in industry demand could
affect us.</i></b></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">We operate our vessels in markets that have historically
exhibited seasonal variations in demand and, as a result, in charter rates. This seasonality may result in quarter-to-quarter volatility
in our results of operations, which could affect the amount of dividends, if any, that we pay to our shareholders. The market for marine
dry bulk transportation services is typically stronger in the fall and winter months in anticipation of increased consumption of coal
and other raw materials in the northern hemisphere during the winter months. In addition, unpredictable weather patterns in these months
tend to disrupt vessel scheduling and supplies of certain commodities. This seasonality could have a material adverse effect on our business,
financial condition and results of operations.</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 may also decide that it makes economic sense to
lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those vessels will not be able to earn any hire.</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><i>Our insurance may not be adequate to cover our
losses that may result from our operations.</i></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 carry insurance to protect us against most of the
accident-related risks involved in the conduct of our business, including marine hull and machinery insurance, war risk insurance, protection
and indemnity insurance, which includes pollution risks, crew insurance and war risk insurance. However, we may not be adequately insured
to cover losses from our operational risks, which could have a material adverse effect on us. Additionally, our insurers may refuse to
pay particular claims and our insurance may be voidable by the insurers if we take, or fail to take, certain action, such as failing to
maintain certification of our vessels with applicable maritime regulatory organizations. Any significant uninsured or underinsured loss
or liability could have a material adverse effect on our business, results of operations, cash flows and financial condition and our ability
to pay dividends. It may also result in protracted legal litigation. In addition, we may not be able to obtain adequate insurance coverage
at reasonable rates in the future during adverse insurance market conditions. We maintain, for each of our vessels, pollution liability
coverage insurance for $1.0 billion per event. If damages from a catastrophic spill exceed our insurance coverage, it would have a materially
adverse effect on our business, results of operations and financial condition and our ability to pay dividends to our shareholders.</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>

<!-- Field: Page; Sequence: 16 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Moreover, insurers have over the last few years increased
premiums and reduced or restricted coverage for losses caused by terrorist acts generally.</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">In addition, we do not currently carry and may not
carry loss-of-hire insurance, which covers the loss of revenue during extended vessel off-hire periods, such as those that occur during
an unscheduled drydocking due to damage to the vessel from accidents. Accordingly, any loss of a vessel or extended vessel off-hire, due
to an accident or otherwise, could have a material adverse effect on our business, results of operations, financial condition and our
ability to pay dividends.</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><i>Our vessels are exposed to operational risks.</i></b></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">The operation of any vessel includes risks such as
weather conditions, mechanical failure, collision, fire, contact with floating objects, cargo or property loss or damage and business
interruption due to political circumstances in countries, piracy, terrorist attacks, armed hostilities and labor strikes. Such occurrences
could result in death or injury to persons, loss, damage or destruction of property or environmental damage, delays in the delivery of
cargo, loss of revenues from or termination of charter contracts, governmental fines, penalties or restrictions on conducting business,
higher insurance rates and damage to our reputation and customer relationships generally.</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">In the past, political conflicts have also
resulted in attacks on vessels, mining of waterways and other efforts to disrupt international shipping, particularly in the Arabian
Gulf region. Acts of terrorism and piracy have also affected vessels trading in regions such as the South China Sea, the Gulf of
Aden and parts of the Indian Ocean and West Africa. Continuing conflicts and recent developments in the Middle East and North
Africa, including Egypt, Syria, Iran, Iraq and Libya, the recent conflict in Ukraine, and the presence of United States and other
armed forces in the Middle East and Asia could produce armed conflict or be the target of terrorist attacks, and lead to civil
disturbance and uncertainty in financial markets. If these attacks and other disruptions result in areas where our vessels are
deployed being characterized by insurers as &#8220;war risk&#8221; zones or Joint War Committee &#8220;war, strikes, terrorism and
related perils&#8221; listed areas, premiums payable for such coverage could increase significantly and such insurance coverage may
be more difficult or impossible to obtain. In addition, we face the risk of a marine disaster, which could include an oil spill and
other environmental damage. Although our vessels carry a relatively small amount of oil used for fuel (&#8220;bunkers&#8221;), a
spill of oil from one of our vessels or losses as a result of fire or explosion could be catastrophic under certain
circumstances.</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 operation of certain vessel types, such as dry
bulk vessels, also carry certain unique risks. With a dry bulk vessel, the cargo itself and its interaction with the vessel can be a risk
factor. By their nature, dry bulk cargoes are often heavy, dense, easily shifted and react badly to water exposure. In addition, dry bulk
vessels are often subjected to battering during unloading operations with grabs, jackhammers (to pry encrusted cargoes out of the hold)
and small bulldozers. This may cause damage to the vessel. Vessels damaged due to treatment during unloading procedures may be more susceptible
to breach while at sea. Hull breaches in dry bulk vessels may lead to the flooding of the vessels holds. If a dry bulk vessel suffers
flooding in its forward holds, the bulk cargo may become so dense and waterlogged that its pressure may buckle the vessels bulkheads leading
to the loss of a vessel. If we are unable to adequately maintain our vessels we may be unable to prevent these events. Any of these circumstances
or events could negatively impact our business, financial condition, results of operations and ability to pay dividends. In addition,
the loss of any of our vessels could harm our reputation as a safe and reliable vessel owner and operator.</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 may not be adequately insured against all risks,
and our insurers may not pay particular claims. With respect to war risks insurance, which we usually obtain for certain of our vessels
making port calls in designated war zone areas, such insurance may not be obtained prior to one of our vessels entering into an actual
war zone, which could result in that vessel not being insured. Even if our insurance coverage is adequate to cover our losses, we may
not be able to timely obtain a replacement vessel in the event of a loss. Under the terms of the CIT Loan Facility, we will be subject
to restrictions on the use of any proceeds we may receive from claims under our insurance policies. Furthermore, in the future, we may
not be able to maintain or obtain adequate insurance coverage at reasonable rates for our fleet. We may also be subject to calls, or premiums,
in amounts based not only on our own claim records but also the claim records of all other members of the protection and indemnity associations
through which we receive indemnity insurance coverage for tort liability. Our insurance policies also contain deductibles, limitations
and exclusions which may increase our costs in the event of a claim or decrease any recovery in the event of a loss. If the damages from
a catastrophic oil spill or other marine disaster exceeded our insurance coverage, the payment of those damages could have a material
adverse effect on our business and could possibly result in our insolvency.</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>

<!-- Field: Page; Sequence: 17 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">In general, we do not carry loss of hire insurance.
Occasionally, we may decide to carry loss of hire insurance when our vessels are trading in areas where a history of piracy has been reported.
Loss of hire insurance covers the loss of revenue during extended vessel off-hire periods, such as those that could occur during an unscheduled
drydocking, unscheduled repairs due to damage to the vessel, or as a result of acts of piracy. Accordingly, any loss of a vessel or any
extended period of vessel off- hire, due to an incident, accident or otherwise, could have a material adverse effect on our business,
financial condition and results of operations.</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 may also decide that it makes economic sense to
lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those vessels will not be able to earn any hire.</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>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We may be subject to funding calls by our protection
and indemnity clubs, and our clubs may not have enough resources to cover claims made against them.</i></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 are indemnified for legal liabilities incurred
while operating our vessels through membership of protection and indemnity, or P&amp;I, associations, otherwise known as P&amp;I clubs.
P&amp;I clubs are mutual insurance clubs whose members must contribute to cover losses sustained by other club members. The objective
of a P&amp;I club is to provide mutual insurance based on the aggregate tonnage of a member&#8217;s vessels entered into the club. Claims
are paid through the aggregate premiums of all members of the club, although members remain subject to calls for additional funds if
the aggregate premiums are insufficient to cover claims submitted to the club. Claims submitted to the club may include those incurred
by members of the club, as well as claims submitted by other P&amp;I clubs with which our club has entered into interclub agreements.
We cannot assure you that the P&amp;I club to which we belong will remain viable or that we will not become subject to additional funding
calls, which could adversely affect us.</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>We may be subject to increased inspection procedures,
tighter import and export controls and new security regulations.</i></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">International shipping is subject to various security
and customs inspection and related procedures in countries of origin and destination and trans-shipment points. Inspection procedures
can result in the seizure of the cargo and contents of our vessels, delays in the loading, offloading or delivery and the levying of customs
duties, fines or other penalties against us. It is possible that changes to inspection procedures could impose additional financial and
legal obligations on us. Furthermore, changes to inspection procedures could also impose additional costs and obligations on our customers
and may, in certain cases, render the shipment of certain types of cargo impractical. Any such changes or developments may have a material
adverse effect on our business, financial condition, results of operations and our ability to pay dividends.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Rising fuel prices may adversely affect our
profits.</i></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">Fuel is a significant, if not the largest,
expense if vessels are under voyage charter or if consumed during ballast days. Moreover, the cost of fuel will affect the profit we
can earn on the short-term or spot market. Upon redelivery of vessels at the end of a time charter, we may be obliged to repurchase
the fuel on board at prevailing market prices, which could be materially higher than fuel prices at the inception of the time
charter period. As a result, an increase in the price of fuel may adversely affect our profitability. The price and supply of fuel
is unpredictable and fluctuates based on events outside our control, including geopolitical events, supply and demand for oil and
gas, actions by the Organization of the Petroleum Exporting Countries and other oil and gas producers, war and unrest in oil
producing countries and regions, regional production patterns and environmental concerns. Further, fuel may become much more
expensive in the future, which may reduce the profitability and competitiveness of our business versus other forms of
transportation, such as truck or rail.</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">A global 0.5% sulphur cap on marine fuels came into
force on January 1, 2020. Because we do not have scrubbers on our vessels, our vessels require pricier low-sulphur fuel, which may reduce
the amount charterers are willing to pay to charter our vessels. This could have a material adverse effect on our business, results of
operations, cash flows and financial condition and our ability to pay dividends.</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>

<!-- Field: Page; Sequence: 18 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b><i>Increases in crew costs may adversely affect
our profits.</i></b></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">Crew costs are a significant expense for us
under our charters. There is a limited supply of well-qualified crew. We generally bear crewing costs under our charters. Increases
in crew costs may adversely affect our profitability. In addition, labor disputes or unrest, including work stoppages, strikes
and/or work disruptions or increases imposed by collective bargaining agreements covering the majority of our officers on board our
vessels could result in higher personnel costs and significantly affect our financial performance. Furthermore, while we do not have
any Ukrainian or Russian crew and the Company's vessels currently do not sail in the Black Sea, the extent to which this will impact the Company&#8217;s future results of operations and
financial condition will depend on future developments, which are highly uncertain and cannot be predicted. Changes in labor laws
and regulations, collective bargaining negotiations and labor disputes, and potential shortage of crew due to the conflict between
Russia and Ukraine, could increase our crew costs and have a material adverse effect on our business, results of operations, cash
flows, financial condition and ability to pay dividends.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Maritime claimants could arrest our vessels.</i></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">Crew members, suppliers of goods and services to a
vessel, shippers of cargo and other parties may be entitled to a maritime lien against a vessel, or other assets of the relevant vessel-owning
company, for unsatisfied debts, claims or damages even if we are not at fault, for example, if we pay a supplier for bunkers who subcontracts
the supply and does not pay such subcontractor. In many jurisdictions, a claimant may seek to obtain security for its claim by arresting
a vessel through foreclosure proceedings. The arrest or attachment of one or more of our vessels, could cause us to default on a charter,
breach covenants in the CIT Loan Facility, interrupt our cash flow and require us to pay large sums of money to have the arrest or attachment
lifted. Please see &#8220;Item 5.B. Liquidity and Capital Resources&#8212;Indebtedness&#8221; for further information.</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">In addition, in some jurisdictions, such as South
Africa, under the &#8220;sister ship&#8221; theory of liability, a claimant may arrest both the vessel which is subject to the claimant&#8217;s
maritime lien and any &#8220;associated&#8221; vessel, which is any vessel owned or controlled by the same owner. Claimants could attempt
to assert &#8220;sister ship&#8221; liability against one vessel in our fleet for claims relating to another of our vessels.</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><i>Governments could requisition our vessels during
a period of war or emergency.</i></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">A government could requisition one or more of
our vessels for title or for hire. Requisition for title occurs when a government takes control of a vessel and becomes the owner.
Requisition for hire occurs when a government takes control of a vessel and effectively becomes the charterer at dictated charter
rates. Generally, requisitions occur during a period of war or emergency, although governments may elect to requisition vessels in
other circumstances. Even if we would be entitled to compensation in the event of a requisition of one or more of our vessels, the
amount and timing of payment would be uncertain. Government requisition of one or more of our vessels may negatively impact our
business, financial condition, results of operations and ability to pay dividends.</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Compliance with safety and other vessel requirements
imposed by classification societies may be costly.</i></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">The hull and machinery of every commercial vessel
must be certified as safe and seaworthy in accordance with applicable rules and regulations, and accordingly vessels must undergo regular
surveys. All of the vessels that we operate or manage are classed by one of the major classification societies, including Nippon Kaiji
Kyokai (Class NK), DNV GL, Lloyds and Bureau Veritas. Vessels must undergo annual surveys, immediate surveys and special surveys. In lieu
of a special survey, a vessel&#8217;s machinery may be on a continuous survey cycle, under which the machinery would be surveyed over
a five-year period. Our vessels are on special survey cycles for hull inspection and continuous survey cycles for machinery inspection.
Every vessel is also required to be drydocked every two to three years for inspection of its underwater parts. If any vessel does not
maintain its class and/or fails any annual, intermediate or special survey, certain covenants in the CIT Loan Facility or future credit
arrangements may be triggered, including as a result of the vessel being unable to trade between ports and being unemployable. Such an
occurrence could have a material adverse impact on our business, financial condition, results of operations and ability to pay dividends.
Please see &#8220;Item 5.B. Liquidity and Capital Resources&#8212;Indebtedness&#8221; for further information.</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>

<!-- Field: Page; Sequence: 19 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b><i>A further economic slowdown or changes in the
economic, regulatory and political environment in the Asia Pacific region could reduce dry bulk trade demand.</i></b></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">A significant number of the port calls made by our
vessels involve the transportation of dry bulk products to ports in the Asia Pacific region. As a result, continued economic slowdown
in the region or changes in the regulatory environment, and particularly in China or Japan, could have an adverse effect on our business,
results of operations, cash flows and financial condition. Before the global economic financial crisis that began in 2008, China had one
of the world&#8217;s fastest growing economies as measured by gross domestic product, or GDP, which had a significant impact on shipping
demand. The growth rate of China&#8217;s GDP continues to remain lower than originally anticipated. In addition, China previously imposed
measures to restrain lending, which may further contribute to a slowdown in its economic growth. China and other countries in the Asia
Pacific region may continue to experience slowed or even negative economic growth in the future.</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">Many of the economic and political reforms adopted
by the Chinese government are unprecedented or experimental and may be subject to revision, change or abolition based upon the outcome
of such experiments. If the Chinese government does not continue to pursue a policy of economic reform, the level of imports of exports
of dry bulk products to and from China could be adversely affected by changes to these economic reforms by the Chinese government, as
well as by changes in political, economic and social conditions or other relevant policies of the Chinese government, such as changes
in laws, regulations or restrictions on importing commodities into the country. Notwithstanding economic reform, the Chinese government
may adopt policies that favor domestic shipping companies and may hinder our ability to compete with them effectively. Moreover, a significant
or protracted slowdown in the economies of the United States, the European Union or various Asian countries or changes in the regulatory
environment may adversely affect economic growth in China and elsewhere. Our business, results of operations, cash flows and financial
condition could be materially and adversely affected by an economic downturn or changes in the regulatory environment in any of these
countries.</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>Pandemics such as the  coronavirus (COVID-19)
make it very difficult for us to operate in the short-term and have unpredictable long-term consequences, all of which could decrease
the supply of and demand for the raw materials we transport, the rates that we are paid to carry our cargo, and our financial outlook.</i></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 business may be adversely affected by the continued
outbreak of the COVID-19 virus (and variants that may emerge), which has introduced uncertainty into our operational and financial activities
and has negatively impacted, and may continue to impact negatively, global economic activity. Average charter rates for dry bulk vessels,
as measured by the Baltic Dry Index, have improved significantly since the second quarter of 2020; however, the underlying reasons for
this improvement, such as tight supply lines, increased demand for bulk commodities on the back of firmly rebounding industrial activity,
increased demand for containerized cargo due to increased consumption mainly from developed countries, and newbuild construction being
put on hold due to the pandemic, could reverse, which could negatively impact our business. As the situation is continuously evolving
with further waves of infections across many countries worldwide, the development and distribution of multiple vaccines, and the emergence
of new variants of the COVID-19 virus that may undermine such vaccines, it is difficult to predict the ultimate duration, severity and
long-term impact of the pandemic on the industry and us at this time. Furthermore, it is difficult to predict what impact the abatement
or continuation of the pandemic may have on our business. The duration of scheduled repairs could exceed our estimates, causing our vessels
to remain off-hire for longer periods than planned or to miss scheduled employment. We may face increased costs operating our vessels
due to travel restrictions and quarantine requirements. Possible delays due to quarantine of our vessels caused by COVID-19 infection
of our crew or other COVID-19-related disruptions may lead to the termination of charters leaving our vessels without employment. It
is also possible that the companies that charter our vessels may be materially impacted by the effects of the COVID-19 virus outbreak
and therefore may default on their charters or seek to restructure the terms of their charters (which are legally binding).&#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">We have thus far been affected by COVID-19 as follows:</p>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 35px"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Our vessels have been subject to quarantine checks upon arriving at certain ports. This has functionally reduced the amount of cargo that we (and our competitors) are able to move because some countries have imposed quarantine checks on arriving vessels, which have caused delays in loading and delivery of cargoes.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 35px"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Due to quarantine restrictions placed on persons and additional procedures using commercial aviation and other forms of public transportation, our crew has had difficulty embarking and disembarking on our ships. This has not thus far functionally affected our ability to crew our vessels.</span></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; text-align: justify">We expect that pandemics generally, including the
current novel coronavirus pandemic, could affect our business in the following ways, among others:</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%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(1)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Pandemics generally reduce the demand for goods worldwide without a commensurate corresponding change in the number of vessels worldwide, thereby increasing competition for cargo and decreasing the market price for transporting dry bulk products.</span></td></tr>
  </table>

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

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

<!-- Field: Page; Sequence: 20 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(2)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Countries could impose quarantine checks and hygiene measures on arriving vessels, which functionally reduce the amount of cargo that we and our competitors are able to move by causing delays in loading and delivery of cargo.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(3)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">The process of buying, selling, and maintaining vessels is made more onerous and time-intensive. For instance, delays may be caused at shipyards for newbuildings, drydocks and other works, in vessel inspections and related certifications by class societies, customers or government agencies, as well as delays and shortages or a lack of access to required spare parts and lack of berths or shortages in labor, which may in turn delay any repairs to, scheduled or unscheduled maintenance or modifications, or drydocking of, our vessels.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(4)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">We have seen a decrease in productivity, generally, as people&#8212;including our office employees and crews, as well as our counterparties&#8212;get sick and take time off from work. We are particularly vulnerable to our crew members getting sick, as if even one of our crew members gets sick, local authorities could require us to detain and quarantine the ship and its crew for an unspecified amount of time, disinfect and fumigate the vessels, or take similar precautions, which would add costs, decrease our utilization, and substantially disrupt our cargo operations. If a vessel&#8217;s entire crew fell seriously ill, we may have substantial difficulty operating its vessel and may necessitate extraordinary external aid.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(5)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">International transportation of personnel could be limited or otherwise disrupted. In particular, our crews generally work on a rotation basis, relying largely on international air transport for crew changes plan fulfillment. Any such disruptions could impact the cost of rotating our crew, and possibly impact our ability to maintain a full crew synthesis onboard all our vessels at any given time. It may also be difficult for our in-house technical teams to travel to shipyards to observe vessel maintenance, and we may need to hire local experts, which local experts may vary in skill and are difficult to supervise remotely, to conduct work we ordinarily address in-house.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(6)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Governments impose new regulations, directives or practices, which we may be obligated to implement at our own expense.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(7)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Any or all of the foregoing could lead our charterers to try to invoke force majeure clauses. As of the date hereof, however, none of our charterers have invoked a force majeure clause citing the pandemic. </span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 48px"><span style="font-size: 10pt">(8)</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Credit tightening or declines in global financial markets, including to the prices of our publicly traded securities and the securities of our peers, could make it more difficult for us to access capital, including to finance our existing debt obligations.</span></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; text-align: justify">Any of these public health threats and related consequences
could adversely affect our financial results.</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">It is too early to assess the full long-term impact
of the ongoing novel coronavirus pandemic on global markets, and particularly on the shipping industry.</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><i>We conduct a substantial amount of business
in China.</i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Chinese legal system is based on written statutes
and their legal interpretation by the Standing Committee of the National People&#8217;s Congress. Prior court decisions may be cited for
reference but have limited precedential value. Since 1979, the Chinese government has been developing a comprehensive system of commercial
laws, and considerable progress has been made in introducing laws and regulations dealing with economic matters such as foreign investment,
corporate organization and governance, commerce, taxation and trade. However, because these laws and regulations are relatively new, there
is a general lack of internal guidelines or authoritative interpretive guidance and because of the limited number of published cases and
their non-binding nature interpretation and enforcement of these laws and regulations involve uncertainties. We conduct a substantial
portion of our business in China or with Chinese counter-parties. For example, we enter into charters with Chinese customers, which charters
may be subject to new regulations in China. We may, therefore, be required to incur new or additional compliance or other administrative
costs, and pay new taxes or other fees to the Chinese government. Although the charters we enter into with Chinese counterparties are
not governed by Chinese law, we may have difficulties enforcing a judgment rendered by an arbitration tribunal or by an English or U.S.
court (or other non-Chinese court) in China.</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"></p>

<!-- Field: Page; Sequence: 21 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">In addition, China enacted a tax for non-resident international transportation enterprises
engaged in the provision of services to passengers or cargo, among other items, in and out of China using their own, chartered or leased
vessels, including any stevedore, warehousing and other services connected with the transportation. The law and relevant regulations broaden
the range of international transportation companies which may find themselves liable for Chinese enterprise income tax on profits generated
from international transportation services passing through Chinese ports. This tax or similar regulations by China may reduce our operating
results and may also result in an increase in the cost of goods exported from China and the risks associated with exporting goods from
China, as well as a decrease in the quantity of goods to be shipped from or through China, which would have an adverse impact on our charterers&#8217;
business, operating results and financial condition and could thereby affect their ability to make timely charter hire payments to us
and to renew and increase the number of their time charters with us. Changes in laws and regulations, including with regards to tax matters,
and their implementation by local authorities could affect our vessels that are either chartered to Chinese customers or that call to
Chinese ports and could have a material adverse effect on our business, results of operations and financial condition and our ability
to pay dividends.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Chinese economy differs from the economies of
western countries in such respects as structure, government involvement, level of development, growth rate, capital reinvestment, allocation
of resources, bank regulation, currency and monetary policy, rate of inflation and balance of payments position. Although state-owned
enterprises still account for a substantial portion of the Chinese industrial output, in general, the Chinese government is reducing the
level of direct control that it exercises over the economy. There is an increasing level of freedom and autonomy in areas such as allocation
of resources, production, pricing and management and a gradual shift in emphasis to a &#8220;market economy&#8221; and enterprise reform,
although it still acts with greater control than a truly free-market economy. Many of the Chinese government&#8217;s reforms are unprecedented
or experimental and may be subject to revision, change or abolition based upon the outcome of such experiments. The level of imports to
and exports from China could be adversely affected by the failure to continue market reforms or changes to existing pro-export economic
policies. The level of imports to and exports from China may also be adversely affected by changes in political, economic and social conditions
(including a slowing of economic growth), the coronavirus, or other relevant policies of the Chinese government, such as changes in laws,
regulations or export and import restrictions, internal political instability, changes in currency policies, changes in trade policies
and territorial or trade disputes. A decrease in the level of imports to and exports from China could adversely affect our business, operating
results and financial condition.</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><i>Sulphur regulations to reduce air pollution
from ships may require retrofitting of vessels and may cause us to incur significant costs.</i></b></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">January 1, 2020 was the implementation date for
vessels to comply with the IMO&#8217;s low sulphur fuel oil requirement, which cuts sulphur levels from 3.5% to 0.5%. The
interpretation of &#8220;fuel oil used on board&#8221; includes use in main engine, auxiliary engines and boilers. Shipowners may
comply with this regulation by (i) using 0.5% sulphur fuels on board, which costs more than higher Sulphur fuel; (ii) installing
scrubbers for cleaning of the exhaust gas (which we have not done to any of our vessels); or (iii) by retrofitting vessels to be
powered by liquefied natural gas (which we have not done to any of our vessels), which may not be a viable option due to the lack of
supply network and high costs involved in this process. Costs of compliance with these regulatory changes may be significant and may
have a material adverse effect on our future performance, results of operations, cash flows and financial position.&#160;It is
unclear how the new emissions standard will affect the employment of our vessels, given that the cost of fuel is borne by our
charterers when our vessels are on time charter employment. In particular, it is not known what the price differential between high
sulphur content fuel and the more expensive low sulphur fuel will be or if low sulphur fuel will be available in the quantities
needed at the areas where the vessels are trading. Over time, however, it is possible that ships not retrofitted to comply with the
new emissions standard may become less competitive (compared with ships equipped with exhaust gas scrubbers that can utilize less
expensive high sulphur fuel), may have difficulty finding employment, may command lower charter hire and/or may need to be
scrapped.</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><i>Environmental, social and governance matters
may impact our business and reputation.</i></b></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">In addition to the importance of their financial performance,
companies are increasingly being judged by their performance on a variety of environmental, social and governance matters, or ESG, which
are considered to contribute to the long-term sustainability of companies&#8217; performance.</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">A variety of organizations measure the performance
of companies on such ESG topics, and the results of these assessments are widely publicized. In addition, investment in funds that specialize
in companies that perform well in such assessments are increasingly popular, and major institutional investors have publicly emphasized
the importance of such ESG measures to their investment decisions. Topics taken into account in such assessments include, among others,
the company&#8217;s efforts and impacts on climate change and human rights, ethics and compliance with law, and the role of the company&#8217;s
board of directors in supervising various sustainability issues.</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>

<!-- Field: Page; Sequence: 22 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 actively manage a broad range of such ESG matters,
taking into consideration their expected impact on the sustainability of our business over time, and the potential impact of our business
on society and the environment. However, in light of investors&#8217; increased focus on ESG matters, there can be no certainty that we
will manage such issues successfully, or that we will successfully meet society&#8217;s expectations as to our proper role. Any failure
or perceived failure by us in this regard could have a material adverse effect on our reputation and on our business, share price, financial
condition, or results of operations, including the sustainability of our business over time.</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 December 31, 2018, EU-flagged vessels became subject
to Regulation (EU) No. 1257/2013 of the European Parliament and of the Council of 20 November 2013 on ship recycling (the &#8220;EU Ship
Recycling Regulation&#8221; or &#8220;ESRR&#8221;) and exempt from the Regulation (EC) No. 1013/2006 of the European Parliament and of
the Council of 14 June 2006 on shipments of waste (the &#8220;European Waste Shipment Regulation&#8221; or &#8220;EWSR&#8221;), which
had previously governed their disposal and recycling. The EWSR continues to be applicable to Non-European Union Member State-flagged (&#8220;non-EU-flagged&#8221;)
vessels.</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">Under the ESRR, commercial EU-flagged vessels of 500
gross tonnage and above may be recycled only at shipyards included on the European List of Authorised Ship Recycling Facilities (the &#8220;European
List&#8221;). The European List presently includes eight facilities in Turkey, but no facilities in the major ship recycling countries
in Asia. The combined capacity of the European List facilities may prove insufficient to absorb the total recycling volume of EU-flagged
vessels. This circumstance, taken in tandem with the possible decrease in cash sales, may result in longer wait times for divestment of
recyclable vessels as well as downward pressure on the purchase prices offered by European List shipyards. We currently have one vessel
flagged in Malta and in the future may have additional vessels flagged in EU jurisdictions.</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">In addition, the EWSR requires that non-EU-flagged
ships departing from European Union ports be recycled only in Organisation for Economic Cooperation and Development (OECD) member countries.
In March 2018, the Rotterdam District Court ruled that the sale of four recyclable vessels by third-party Dutch ship owner Seatrade to
cash buyers, who then reflagged and resold the vessels to non-OECD country recycling yards, were effectively indirect sales to non-OECD
country yards, in violation of the EWSR. If European Union Member State courts widely adopt this analysis, it may negatively impact revenue
from the residual values of our vessels and we may be subject to a heightened risk of non-compliance, due diligence obligations and costs
in instances where we sell older ships to cash buyers.</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"><b><span style="text-decoration: underline">Company Specific Risk Factors</span></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><b><i>Our stock price has been volatile and
no assurance can be made that it will not substantially depreciate.</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">Our stock price has been volatile
recently. The closing price of our common shares within 2021 has ranged from a peak of $7.46 on February 16, 2021 to a low of $1.98 on
December 16, 2021, representing a decrease of 73.5%. We can offer no comfort or assurance that our stock price will stop being volatile
or not substantially depreciate. Our stock further declined in 2022 and was $1.66 on January 27, 2022.</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 0 10pt; text-align: justify; text-indent: 36pt">We may continue to incur
rapid and substantial increases or decreases in our stock price in the foreseeable future that may not coincide in timing with the disclosure
of news or developments by or affecting us. Accordingly, the market price of our common shares may decline or fluctuate rapidly, regardless
of any developments in our business. Overall, there are various factors, many of which are beyond our control, that could negatively affect
the market price of our common shares or result in fluctuations in the price or trading volume of our common shares, which include but
are not limited to:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;investor reaction
to our business strategy;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;the sentiment
of the significant number of retail investors whom we believe to hold our common shares, in part due to direct access by retail investors
to broadly available trading platforms, and whose investment thesis may be influenced by views expressed on financial trading and other
social media sites and online forums;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;the amount and
status of short interest in our common shares, access to margin debt, trading in options and other derivatives on our common shares and
any related hedging and other trading factors;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;our continued
compliance with the listing standards of the Nasdaq Capital Market;</p>

<!-- Field: Page; Sequence: 23 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;regulatory or
legal developments in the United States and other countries, especially changes in laws or regulations applicable to our industry;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;variations in
our financial results or those of companies that are perceived to be similar to us;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;our ability or
inability to raise additional capital and the terms on which we raise it;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;our dividend strategy;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;our continued
compliance with our debt covenants;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;variations in
the value of our fleet;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;declines in the
market prices of stocks generally;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;trading volume
of our common shares;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;sales of our common
shares by us or our shareholders;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;speculation in
the press or investment community about our Company or industry;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;general economic,
industry and market conditions; and</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 36pt">&#8226;&#9;other events or
factors, including those resulting from such events, or the prospect of such events, including war, terrorism and other international
conflicts, public health issues including health epidemics or pandemics, including the ongoing COVID-19 pandemic, and natural disasters
such as fire, hurricanes, earthquakes, tornados or other adverse weather and climate conditions, whether occurring in the United States
or elsewhere, could disrupt our operations or result in political or economic instability.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0cm">In addition, some companies
that have experienced volatility in the market price of their common shares have been subject to securities class-action litigation. If
instituted against us, such litigation could result in substantial costs and diversion of management&#8217;s attention and resources,
which could materially and adversely affect our business, financial condition, operating results and growth prospects. There can be no
guarantee that the price of our common shares will remain at its current level or that future sales of our common shares will not be at
prices lower than those sold to investors.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></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; text-indent: 0cm"></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"><b><i>We may issue additional common shares or other
equity securities without shareholder approval, which would dilute our existing shareholders&#8217; ownership interests and may depress
the market price of our common shares.</i></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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may issue additional common shares or other equity
securities of equal or senior rank in the future without shareholder approval in connection with, among other things, future vessel acquisitions,
the repayment of outstanding indebtedness, and the conversion of convertible financial instruments.</p>

<p style="font: 12pt 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 issuance of additional common shares or other
equity securities of equal or senior rank in these situations would have the following effects:</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">our existing shareholders&#8217; proportionate
ownership interest in us would decrease;</td></tr>
</table>

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">the proportionate amount of cash available
for dividends payable on our common shares could decrease;</td></tr>
</table>

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

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">the relative voting strength of each previously
outstanding common share could be diminished; and</td></tr>
</table>

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">the market price of our common shares
could decline.</td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 12pt 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">In addition, we may be obligated to issue, upon exercise
or conversion of outstanding agreements and warrants pursuant to the terms thereof:</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">388,700 common shares issuable upon the exercise of outstanding Class A Warrants (at an exercise price
of $35.00 per share) which expire in June 2025;</td></tr></table>

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

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

<!-- Field: Page; Sequence: 24 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">458,500 common shares issuable upon exercise of outstanding June PP Warrants (at an exercise price of
$18.00 per share) issued in a private placement that closed on June 30, 2020 and expire in December 2025;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">833,333 common shares issuable upon exercise of outstanding July PP Warrants (at an exercise price of
at $18.00 per share) issued in a private placement that closed on July 21, 2020 and expire in January 2026;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">1,270,587 common shares issuable upon exercise of the December 2020 Warrants (at an exercise price of
$6.25 per share) which expire in June 2026;</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">1,950,000 common shares issuable upon the exercise of the January 2021 Warrants (at an exercise price
of $6.25 per share) which expire in July 2026; and</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">4,800,000 common shares issuable upon the exercise of the February 2021 Warrants (at an exercise price
of $6.25 per share) which expire in August 2026.</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 2%">&#8226;</td><td style="text-align: justify; width: 98%">10,000,000 common shares issuable upon the exercise of the June 2021 Warrants (at an exercise price of
$5.00 per share) which expire in December 2026.</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">In addition:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><p style="margin-top: 0; margin-bottom: 0">We historically issued, on a quarterly basis, common shares to certain of our directors, although we have changed our compensation arrangements with directors to pay only cash.</p>
                                                                                                                                         <p style="margin-top: 0; margin-bottom: 0">&#160;</p>
                                                                                <p style="margin-top: 0; margin-bottom: 0"></p></td></tr>
<tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We have issued an aggregate of 10,300 of our Series B preferred shares, par value $0.001 per share, to
Goldenmare Limited, which shares have 25,000 votes per share, subject to maximum voting rights of 49.99%.</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">Our issuance of additional common shares upon the
exercise of such warrants and agreements would cause the proportionate ownership interest in us of our existing shareholders, other than
the exercising warrant or agreement holder, to decrease; the relative voting strength of each previously outstanding common share held
by our existing shareholders to decrease; and, depending on our share price when and if these warrants or notes are exercised, may result
in dilution to our shareholders. Because we are a foreign private issuer, we are not bound by Nasdaq rules that require shareholder approval
for issuances of our securities. We therefore can issue securities in such amounts and at such times as we feel appropriate, all without
shareholder approval. See &#8220;Item 16G. Corporate Governance.&#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"><b><i>Future issuances or sales, or the potential
for future issuances or sales, of our common shares may cause the trading price of our securities to decline and could impair our ability
to raise capital through subsequent equity offerings.</i></b></p>

<p style="font: 12pt 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 have issued a significant number of our
common shares and may do so in the future. Shares to be issued pursuant to the exercise of our outstanding warrants could cause the
market price of our common shares to decline, and could have an adverse effect on our earnings per share. In addition, future sales
of our common shares or other securities in the public or private markets, or the perception that these sales may occur, could cause
the market price of our common shares to decline, and could materially impair our ability to raise capital through the sale of
additional securities.</p>

<p style="font: 12pt 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">The market price of our common shares
could decline due to sales, or the announcements of proposed sales, of a large number of common shares in the market, including sales
of common shares by our large shareholders, or the perception that these sales could occur. These sales or the perception that these sales
could occur could also depress the market price of our common shares and impair our ability to raise capital through the sale of additional
equity securities or make it more difficult or impossible for us to sell equity securities in the future at a time and price that we deem
appropriate. We cannot predict the effect that future sales of common shares or other equity-related securities would have on the market
price of our common shares.</p>

<p style="font: 12pt 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"><b><i>The market price of our common shares may be
volatile, which could result in substantial losses for investors who purchase our shares; and the volatility in the stock prices of other
companies may contribute to volatility in our stock price.&#160;</i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our common shares have experienced price and volume
fluctuations and may continue to experience volatility in the future. The closing price of our common shares within 2021 ranged from a
peak of $7.46 on February 16, 2021 to a low of $1.98 on December 16, 2021, representing a decrease of 73.5%. You may not be able to sell
your shares quickly or at the latest market price if trading in our stock is not active or the volume is low. Some of the factors that
may cause the market price of our common shares to fluctuate include:</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>

<!-- Field: Page; Sequence: 25 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the
trading of our ships, and whether one or more ships are not trading or otherwise offhire;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;regulatory
or legal developments in the United States and other countries;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the
recruitment or departure of key personnel;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the
level of expenses related to our business or to comply with changing laws, including in relation to environmental laws;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;actual
or anticipated changes in estimates as to financial results or recommendations by securities analysts;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;announcement
or expectation of additional financing efforts;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;sales
of our securities by us, our insiders, or other shareholders, and the exercise of our warrants and other convertible securities and instruments;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;variations
in our financial results or those of companies that are perceived to be similar to us;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;changes
in estimates or recommendations by securities analysts, if any, that cover our stock;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;market
conditions in the shipping industry and drybulk sector; and</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 2.45pt; margin-left: 0; text-indent: 0.5in">&#9679;&#160;&#160;&#160;&#160;&#160;&#160;&#160;general
economic, industry, and market conditions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2.45pt 0 0; text-align: justify">On December 31, 2021, the closing price
of our common shares on the Nasdaq Capital Market was $2.10 per share, as compared to $2.06, which was the closing price on April 5,
2022. In addition, there has been volatility for our intra-day common share price. For example, the high and low intra-day prices on February
16, 2021 were $7.85 and $6.11, respectively, and the high and low intra-day prices on January 29, 2021 were $6.89 and $5.22, respectively.
As a result, there is a potential for rapid and substantial decreases in the price of our common shares, including decreases unrelated
to our operating performance or prospects.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In recent years, the stock market in general, Nasdaq,
and the markets for shipping companies, has experienced significant price and volume fluctuations and depressions that have often been
unrelated or disproportionate to changes in the operating performance of the companies whose stock is experiencing those price and volume
fluctuations. Broad market and industry factors may seriously affect the market price of our common shares, regardless of our actual
operating performance.&#160;Following periods of such volatility in the market price of a company&#8217;s securities, securities class
action litigation has often been brought against that company. Because of the potential volatility of our stock price, we may become
the target of securities litigation in the future. Securities litigation could result in substantial costs and divert management&#8217;s
attention and resources from our business.</p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>A possible &#8220;short squeeze&#8221; due to
a sudden increase in demand of our common shares that largely exceeds supply may lead to further price volatility in our common shares.</i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Investors may purchase our common shares to hedge
existing exposure in our common shares or to speculate on the price of our common shares. Speculation on the price of our common shares
may involve long and short exposures. To the extent aggregate short exposure exceeds the number of common shares available for purchase
in the open market, investors with short exposure may have to pay a premium to repurchase our common shares for delivery to lenders of
our common shares. Those repurchases may in turn, dramatically increase the price of our common shares until investors with short exposure
are able to purchase additional common shares to cover their short position. This is often referred to as a &#8220;short squeeze.&#8221;
A short squeeze could lead to volatile price movements in common shares that are not directly correlated to the performance or prospects
of our company and once investors purchase the common shares necessary to cover their short position the price of our common shares may
decline.</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>

<!-- Field: Page; Sequence: 26 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b><i>We may not be able to attract and retain key
management personnel and other employees in the shipping industry.</i></b></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></i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our success will depend to
a significant extent upon the abilities and efforts of our management team consisting of our Chief Executive Officer, including our ability
to retain our management team and the ability of our management to recruit and hire suitable employees. The loss of our Chief Executive
Officer or other key employees could adversely affect our business prospects and financial condition. Difficulty in hiring and retaining
personnel could adversely affect our results of operations.</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; text-indent: 36pt">&#160;</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Our loan agreement contains, and we expect that
future loan agreements and financing arrangements will contain, restrictive covenants that may limit our liquidity and corporate activities,
which could limit our operational flexibility and have an adverse effect on our financial condition and results of operations. In addition,
because of the presence of cross-default provisions in our loan agreement and the expectation that such will exist in any future loan
agreements and financing arrangements, a default by us under one loan could lead to defaults under multiple loans.</i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our CIT Loan Facility contains, and we expect that
future loan agreements and financing arrangements will contain, customary covenants and event of default clauses, financial covenants,
restrictive covenants and performance requirements, which may affect operational and financial flexibility. Such restrictions could affect,
and in many respects limit or prohibit, among other things, our ability to pay dividends, incur additional indebtedness, create liens,
sell assets, change our chief executive officer or chairman or ship manager, or engage in mergers or acquisitions. These restrictions
could limit our ability to plan for or react to market conditions or meet extraordinary capital needs or otherwise restrict corporate
activities. There can be no assurance that such restrictions will not adversely affect our ability to finance our future operations or
capital needs.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As a result of these restrictions, we may need to
seek permission from our lenders and other financing counterparties in order to engage in some corporate actions. Our lenders&#8217; and
other financing counterparties&#8217; interests may be different from ours and we may not be able to obtain their permission when needed.
This may prevent us from taking actions that we believe are in our best interests, which may adversely impact our revenues, results of
operations and financial condition.</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">If we fail to meet our payment and other obligations,
including our financial covenants and any security coverage requirements, could lead to defaults under our financing arrangements. Likewise,
a decrease in vessel values or adverse market conditions could cause us to breach our financial covenants or security requirements (the
market values of dry bulk vessels have generally experienced high volatility). In the event of a default that we cannot remedy, our lenders
and other financing counterparties could then accelerate their indebtedness and foreclose on the respective vessels in our fleet. The
loss of any of our vessels could have a material adverse effect on our business, results of operations and financial condition.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There can be no assurance that we will obtain waivers
and deferrals from our lenders in the future, if needed, as we have obtained in the past. We are currently in compliance with all applicable
financial covenants under our CIT Loan Facility. For more information regarding our current loan facilities, see please see &#8220;Item
5. Operating and Financial Review and Prospects &#8211; B. Liquidity and Capital Resources&#8221;.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Because of the presence of cross-default provisions
in our CIT Loan Facility and, we expect, any future loan agreements, a default by us under a loan and the refusal of any one lender to
grant or extend a waiver could result in the acceleration of our indebtedness under our other loans. A cross-default provision means
that if we default on one loan, we would then default on our other loans containing a cross-default provision.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>We cannot assure you that we will be able to refinance our existing
indebtedness or obtain additional financing.</i></b></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i></i></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">We may finance future fleet expansion with additional
secured indebtedness. In May 2021, the Company reached an agreement with CIT Bank N.A. for a loan facility of up to $34.25 million bearing
interest at LIBOR plus a margin of 3.75% per annum. The proceeds of this financing were used to repay the outstanding balance of a loan
agreement with EnTrust, which we refer to as 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">Our ability to obtain bank financing or to access
the capital markets for future offerings may be limited by our financial condition at the time of any such financing or offering, including
the actual or perceived credit quality of our charterers and the market value of our fleet, as well as by adverse market conditions resulting
from, among other things, general economic conditions, weakness in the financial markets and contingencies and uncertainties that are
beyond our control. Significant contraction, de-leveraging and reduced liquidity in credit markets worldwide is reducing the availability
and increasing the cost of credit.</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>

<!-- Field: Page; Sequence: 27 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we are not able to obtain new debt financing on
terms acceptable to us or refinance our existing debt, we will have to dedicate a portion of our cash flow from operations to pay the
principal and interest of this indebtedness. If we are not able to satisfy these obligations, we may have to undertake alternative financing
plans. In addition, debt service payments under the CIT Loan Facility or alternative financing may limit funds otherwise available for
working capital, capital expenditures, the payment of dividends and other purposes. Our inability to obtain additional or replacement
financing at anticipated costs or at all may materially affect our results of operation, our ability to implement our business strategy,
our payment of dividends and our ability to continue as a going concern.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Our common shares could be delisted from Nasdaq,
which could affect their market price and liquidity.</i></b></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">We are required to meet certain qualitative and financial
tests (including a minimum bid price for our common shares of $1.00 per share, at least 500,000 publicly held shares, at least 300 public
holders, a market value of publicly held securities of $1 million and net income from continuing operations of $500,000), as well as other
corporate governance standards, to maintain the listing of our common shares on the Nasdaq Capital Market. It is possible that we could
fail to satisfy one or more of these requirements. There can be no assurance that we will be able to maintain compliance with the minimum
bid price, shareholders&#8217; equity, number of publicly held shares, net income requirements or other listing standards in the future.
We may receive notices from Nasdaq that we have failed to meet its requirements, and proceedings to delist our stock could be commenced.
In such event, Nasdaq rules permit us to appeal any delisting determination to a Nasdaq Hearings Panel. If we are unable to maintain or
regain compliance in a timely manner and our common shares are delisted, it could be more difficult to buy or sell our common shares and
obtain accurate quotations, and the price of our shares could suffer a material decline. Delisting may also impair our ability to raise
capital. Delisting of our shares may breach our CIT Loan Facility, which contains cross default provisions, and the purchase agreement
pursuant to which we sold some of our outstanding warrants. There could also be adverse tax consequences&#8212;please read &#8220;Item
10.E Taxation &#8211; United States Tax Considerations - United States Federal Income Taxation of United States Holders &#8211; Distributions&#8221;
for further information.</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 0 10pt; text-align: justify; text-indent: 0cm">On March 6, 2020, the Company
received written notification from The Nasdaq Stock Market dated March 2, 2020, indicating that because the closing bid price of our
common stock for the last 30 consecutive business days was below $1.00 per share, we no longer meet the minimum bid price continued listing
requirement for the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to Nasdaq Listing Rules, the applicable
grace period to regain compliance is 180 days, or until August 31, 2020. The Company intended to monitor the closing bid price of its
common stock from the date it received the letter through August 31, 2020, but citing extraordinary market conditions, Nasdaq filed an
immediately effective rule change with the SEC which, with effect from April 16, 2020, tolled the listing process. Consequently, the
Company&#8217;s compliance period had effectively been extended until November 12, 2020. On October 21, 2020, we effected a 1-for-100
reverse stock split and on November 5, 2020, we received notification from Nasdaq that we had regained compliance with the minimum bid
price. The 1-for-100 reverse stock split, reduced number of outstanding common shares from 175,675,651 to 1,756,720 shares (adjustments
were made based on fractional shares). Unless otherwise noted, all historical share numbers, per share amounts, including common share,
preferred shares and warrants, have been adjusted to give effect to this reverse split.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There can be no assurance that we will be able to
maintain compliance with the minimum bid price, shareholders&#8217; equity, number of publicly held shares or other listing standards
in the future. We may receive notices from Nasdaq that we have failed to meet its requirements, and proceedings to delist our stock could
be commenced. If we are unable to maintain or regain compliance in a timely manner and our common shares are delisted, it could be more
difficult to buy or sell our common shares and obtain accurate quotations, and the price of our shares could suffer a material decline.
The Company agreed, in its securities purchase agreements relating to share and warrant issuances in 2020 and 2021, to use commercially
reasonable efforts to maintain the listing or quotation of the common shares on Nasdaq, and to take all action reasonably necessary to
continue the listing and trading of our common shares on Nasdaq.&#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><i>&#160;&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We may be unable to successfully employ our
vessels on long-term time charters or take advantage of favorable opportunities involving short-term or spot market charter rates.</i></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 long-term strategy to maximize the value
of our fleet is to employ our vessels on a mix of all types of charter contracts, including in the short-term or spot market and on bareboat
charters and time charters. We believe this strategy provides the cash flow stability, reduced exposure to market downturns and high
utilization rates of the charter market, while at the same time enabling us to benefit from periods of increasing short-term or spot
market rates. But our short-term strategy at any given point in time is dictated by a multitude of factors and the chartering opportunities
before us.</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>

<!-- Field: Page; Sequence: 28 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 may, for example, seek to employ a greater portion of our fleet on the short-term or spot market or on time charters with
longer durations, should we believe it to be in our best interests. We generally prefer spot or short-term contracts in order to be versatile,
to be able to move quickly to capture a market upswing, and to be more selective with the cargos we carry. Long term charters, however,
provide desirable cash flow stability, albeit at the cost of missing upswings in cargo rates. Accordingly, our mix between short-term
or spot charters and longer-term charters changes from time-to-time. When our ships are not all on the short-term or spot market, we
generally seek to stagger the expiration dates of our charters to reduce exposure to volatility in the shipping cycle when our vessels
come off of charter. We also continually monitor developments in the dry bulk shipping industry and, subject to market demand, will adjust
the number of vessels on charters and the charter periods for our vessels according to market 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">We and our Manager have developed relationships with
a number of international charterers, vessel brokers, financial institutions, insurers and shipbuilders. We have also developed a network
of relationships with vessel brokers who help facilitate vessel charters and acquisitions.</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">Although time charters with durations of
one to five years may provide relatively steady streams of revenue, if our vessels were committed to such charters they may not be available
for re-chartering or for short-term or spot market voyages when such employment would allow us to realize the benefits of comparably
more favorable charter rates. In addition, in the future, we may not be able to enter into new time charters on favorable terms. The
dry bulk market is volatile. While charter rates are presently generally above our operating expenses, in the past charter rates have
declined below operating costs of vessels. If we are required to enter into a charter when charter rates are low, employ our vessels
on the short-term or spot market during periods when charter rates have fallen or we are unable to take advantage of short-term opportunities
on the spot or charter market, our earnings and profitability could be adversely affected. We cannot assure you that future charter rates
will enable us to cover our costs, operate our vessels profitably or to pay dividends, or all of them.</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 may also decide that it makes economic sense to
lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those vessels will not be able to earn any hire.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>As we expand our business, we may have difficulty
improving our operating and financial systems and recruiting suitable employees and crew for our vessels.</i></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 current operating and financial systems may not
be adequate if we expand the size of our fleet, and our attempts to improve those systems may be ineffective. In addition, as we seek
to expand our internal technical management capabilities and our fleet, we or our crewing agents may need to recruit suitable additional
seafarers and shore based administrative and management personnel. We cannot guarantee that we or our crewing agents will be able to hire
suitable employees or a sufficient number of employees if and as we expand our fleet. If we or our crewing agent encounter business or
financial difficulties, we may not be able to adequately staff our vessels. If we are unable to develop and maintain effective financial
and operating systems or to recruit suitable employees as we expand our fleet, our financial performance may be adversely affected and,
among other things, the amount of cash available for distribution as dividends to our shareholders may be reduced or eliminated.</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">Recently, the limited supply of and increased demand
for well-qualified crew, due to the increase in the size of the global shipping fleet, has created upward pressure on crewing costs, which
we generally bear under our time and spot charters. Increases in crew costs may adversely affect our profitability, results of operations,
cash flows, financial condition and ability to pay dividends.</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>The smuggling of drugs or other contraband
onto our vessels may lead to governmental claims against us.</i></b></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i></i></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 expect that our vessels will call at ports where
smugglers may attempt to hide drugs and other contraband on vessels, with or without the knowledge of crew members. To the extent that
our vessels are found with contraband, whether inside or attached to the hull of our vessel, and whether with or without the knowledge
of any of our crew, we may face governmental or other regulatory claims that could have an adverse effect on our business, results of
operations, cash flows, financial condition and ability to pay dividends.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Labor interruptions could disrupt our business.</i></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 vessels are manned by masters, officers and crews
(totaling 194 as of December 31, 2021). Seafarers manning the vessels in our fleet are covered by industry-wide collective bargaining
agreements that set basic standards. Any labor interruptions or employment disagreements with our crew members could disrupt our operations
and could have a material adverse effect on our business, results of operations, cash flows, financial condition and ability to pay dividends.
We cannot assure you that collective bargaining agreements will prevent labor interruptions.</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>

<!-- Field: Page; Sequence: 29 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Our charterers may renegotiate or default on
their charters.</i></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 charters provide the charterer the right to terminate
the charter on the occurrence of stated events or the existence of specified conditions. In addition, the ability and willingness of each
of our charterers to perform its obligations under its charter with us will depend on a number of factors that are beyond our control.
These factors may include general economic conditions, the condition of the dry bulk shipping industry and the overall financial condition
of the counterparties. The costs and delays associated with the default of a charterer of a vessel may be considerable and may adversely
affect our business, results of operations, cash flows, financial condition and ability to pay dividends.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In the recent depressed dry bulk market conditions,
there have been numerous reports of charterers renegotiating their charters or defaulting on their obligations under their charters. If
a current or future charterer defaults on a charter, we will seek the remedies available to us, which may include arbitration or litigation
to enforce the contract, although such efforts may not be successful and for short term charters may cost more to enforce than the potential
recovery. We cannot predict whether our charterers will, upon the expiration of their charters, re-charter our vessels on favorable terms
or at all. If our charterers decide not to re-charter our vessels, we may not be able to re-charter them on terms similar to the terms
of our current charters or at all. If we receive lower charter rates under replacement charters or are unable to re-charter all of our
vessels, this may adversely affect our business, results of operations, cash flows, financial condition and ability to pay dividends.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>The aging of our fleet may result in increased
operating costs in the future.</i></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">In general, the cost of maintaining a vessel in good
operating condition increases with the age of the vessel. As of December 31, 2021 and 2020, the weighted average age of the vessels in
our fleet was 10.2 and 11.2 years, respectively. Our oldest vessel was built in 2005, and our youngest vessel was built in 2018. As our
fleet ages, we will incur increased costs to operate and maintain the vessels. Older vessels are typically less fuel efficient and cost
more to maintain than more recently constructed vessels due to improvements in engine technology. Cargo insurance rates, paid by charterers,
increase with the age of a vessel, making older vessels less desirable to charterers. Governmental regulations, safety or other equipment
standards related to the age of vessels may require expenditures for alterations or the addition of new equipment, to our vessels and
may restrict the type of activities in which our vessels may engage. We cannot assure you that, as our vessels age, further market conditions
will justify those expenditures or enable us to operate our vessels profitably during the remainder of their useful lives. We may also
decide that it makes economic sense to lay up one or more vessels. While our vessels are laid up, we will pay lay-up costs, but those
vessels will not be able to earn any hire.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We may have difficulty managing our planned
growth properly.</i></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 recent vessel acquisitions have imposed additional
responsibilities on our management and staff, as will any further acquisition of vessels, which may require us to add more personnel
and find new customers. Attracting qualified staff and customers are difficult tasks, and we might struggle to do so on attractive terms.</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 intend to continue to stabilize and then to try
to grow our business through disciplined acquisitions of vessels that meet our selection criteria and newly built vessels if we can negotiate
attractive purchase prices. Our future growth will primarily depend on:</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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">locating and acquiring suitable vessels;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">identifying and consummating acquisitions;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">enhancing our customer base;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">managing our expansion; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">obtaining required financing on acceptable terms.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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

<!-- Field: Page; Sequence: 30 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">A delay in the delivery to us of any such vessel,
or the failure of the shipyard to deliver a vessel at all, could cause us to breach our obligations under a related charter and could
adversely affect our earnings. In addition, the delivery of any of these vessels with substantial defects could have similar consequences.
A shipyard could fail to deliver a new-building on time or at all because of:</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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">work stoppages or other hostilities or political or economic disturbances that disrupt the operations of the shipyard;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">quality or engineering problems;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">bankruptcy or other financial crisis of the shipyard;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">a backlog of orders at the shipyard;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">weather interference or catastrophic events, such as major earthquakes or fires;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">our requests for changes to the original vessel specifications or disputes with the shipyard;</span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">shortages of or delays in the receipt of necessary construction materials, such as steel; or</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">shortages of or delays in the receipt of necessary equipment, such as main engines, electricity generators and propellers.</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">In addition, if we enter a newbuilding or secondhand
contract in the future, we may seek to terminate the contract due to market conditions, financing limitations or other reasons. The outcome
of contract termination negotiations may require us to forego deposits on construction or purchase and pay additional cancellation fees.
In addition, where we have already arranged a future charter with respect to the terminated new-building contract, we would need to provide
an acceptable substitute vessel to the charterer to avoid breaching our charter agreement.</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">During periods in which charter rates are high, vessel
values generally are high as well, and it may be difficult to consummate vessel acquisitions or enter into new-building contracts at favorable
prices. During periods when charter rates are low, such as the current market, we may be unable to fund the acquisition of new-buildings,
whether through lending or cash on hand. For these reasons, we may be unable to execute our growth plans or avoid significant expenses
and losses in connection with our future growth efforts.</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">Growing any business by acquisition presents numerous
risks, such as undisclosed liabilities and obligations, the possibility that indemnification agreements will be unenforceable or insufficient
to cover potential losses and difficulties associated with imposing common standards, controls, procedures and policies, obtaining additional
qualified personnel, managing relationships with customers and integrating newly acquired assets and operations into existing infrastructure.
We cannot give any assurance that we will be successful in executing our growth plans or that we will not incur significant expenses and
losses in connection with our future growth.</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">To the extent we scrap or sell vessels, we may decide
to terminate the employment of some of our staff.</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">&#160;</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Legislative or regulatory changes in Greece
may adversely affect our results from operations.</i></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">Globus Shipmanagement Corp., our ship management subsidiary,
who we refer to as our Manager, is regulated under Greek Law 89/67, and conducts its operations and those on our behalf primarily in Greece.
Greece has been implementing new legislative measures to address financial difficulties, several of which as a response from oversight
by the International Monetary Fund and by European regulatory bodies such as the European Central Bank. Such legislative actions may impose
new regulations on our operations in Greece that will require us to incur new or additional compliance or other administrative costs and
may require that our Manager or we pay to the Greek government new taxes or other fees. Any such taxes, fees or costs we incur could be
in amounts that are significantly greater than those in the past and could adversely affect our results from operations.</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 example, in 2013, tax law 4110/2013 amended the
long-standing provisions of art. 26 of law 27/1975 by imposing a fixed annual tonnage tax on vessels flying a foreign (i.e., non-Greek)
flag which are managed by a Law 89 company, establishing an identical tonnage tax regime as the one already in force for vessels flying
the Greek flag. This tax varies depending on the size of the vessel, calculated in gross registered tonnage, as well as on the age of
each vessel. Payment of this tonnage tax completely satisfies all income tax obligations of both the shipowning company and of all its
shareholders up to the ultimate beneficial owners. Any tax payable to the state of the flag of each vessel as a result of its registration
with a foreign flag registry (including the Marshall Islands) is subtracted from the amount of tonnage tax due to the Greek tax authorities.</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>

<!-- Field: Page; Sequence: 31 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">The tax residents of Greece who receive dividends
from such shipowning or their holding companies are taxed at 10% on the dividends which they receive and which they import into Greece,
not being liable to any other taxation for these, which include those dividends which either remain with the holding company or are paid
to the individual Greek tax resident abroad.</p>

<p style="font: 10pt/12.55pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 10pt/12.55pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 10pt/12.55pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We rely on our information systems to
conduct our business.</i></b></p>

<p style="font: 10pt/12.55pt 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">The efficient operation of our business is dependent
on computer hardware and software systems. Information systems are vulnerable to security breaches by computer hackers, cyber terrorists,
and garden variety computer viruses. We rely on what we believe to be industry accepted security measures and technology to securely maintain
confidential and proprietary information maintained on our information systems. However, these measures and technology may not adequately
prevent security breaches. In addition, the unavailability of the information systems or the failure of these systems to perform as anticipated
for any reason could disrupt our business and could result in decreased performance and increased operating costs, causing our business
and results of operations to suffer. Any significant interruption or failure of our information systems or any significant breach of security
could adversely affect our business and results of operations.</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><i>We expect that a limited number of financial
institutions will hold our cash including financial institutions that may be located in Greece.</i></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 expect that a limited number of financial institutions
will hold all of our cash, including some institutions located in Greece. Our bank accounts are with banks in Switzerland, U.S.A. and
Greece. Of the financial institutions located in Greece, none are subsidiaries of international banks. Depending on our cash balance in
any our accounts at any given point in time, our balances may not be covered by government-backed deposit insurance programs in the event
of default by these financial institutions. The occurrence of such a default could have a material adverse effect on our business, financial
condition, results of operations and cash flows, and we may lose part or all of our cash that we deposit with such banks.</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>&#160;</i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Purchasing and operating secondhand vessels
may result in increased operating costs and reduced fleet utilization.</i></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">While we have the right to inspect previously owned
vessels prior to our purchase of them, such an inspection does not provide us with the same knowledge about their condition that we would
have if these vessels had been built for and operated exclusively by us. A secondhand vessel may have conditions or defects that we are
not aware of when we buy the vessel and which may require us to incur costly repairs to the vessel. These repairs may require us to put
a vessel into drydocking, which would increase cash outflows and related expenses, while reducing our fleet utilization. Furthermore,
we usually do not receive the benefit of warranties on secondhand vessels.</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>Our ability to declare and pay dividends to
holders of our common shares will depend on a number of factors and will always be subject to the discretion of our board of directors.
</i></b></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">If we are not in compliance with our loan covenants
and received a notice of default and were unable to cure it under the terms of our loan covenants, we may be forbidden from issuing dividends.
There can be no assurance that dividends will be paid to holders of our shares in any anticipated amounts and frequency at all. We may
incur other expenses or liabilities that would reduce or eliminate the cash available for distribution as dividends, including as a result
of the risks described in this section of this annual report on Form 20-F.</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 instance, the CIT Loan Facility presently prohibits
our declaration and payment of dividends under some circumstances. Under the CIT Loan Facility Globus Maritime Limited is prohibited from
making dividends (other than up to $500,000 annually on or in respect of its preferred shares) in cash or redeem or repurchase its shares
unless there is no event of default under the CIT Loan Facility, the net loan to value ratio is less than 60% before the making of the
dividend and Globus Maritime Limited is in compliance with the debt service coverage ratio, and Globus Maritime Limited must prepay the
CIT Loan Facility in an equal amount of the dividend. Please read &#8220;Item 5.B. Liquidity and Capital Resources&#8212;Indebtedness&#8221;
for further information.</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>

<!-- Field: Page; Sequence: 32 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">We may also enter into new financing or other agreements
that may restrict our ability to pay dividends even without an event of default, or make it less desirable for us to do so. In addition,
we may pay dividends to the holders of our preferred shares prior to the holders of our common shares, depending on the terms of the 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">If we pay a dividend, the terms of our outstanding
warrants provide that the exercise price shall be decreased by the amount of cash and/or the fair market value of any securities or other
assets paid on each common share in respect of such dividend in order that subsequent thereto upon exercise of the warrants the holder
of the warrants may obtain the equivalent benefit of such dividend.</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 declaration and payment of dividends to holders
of our shares will be subject at all times to the discretion of our board of directors, and will be paid equally on a per-share basis
between our common shares and our Class B shares, to the extent any are issued and outstanding. We can provide no assurance that dividends
will be paid in the future.</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">There may be a high degree of variability from period
to period in the amount of cash, if any, that is available for the payment of dividends based upon, among other things:</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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the rates we obtain from our charters as well as the rates obtained upon the expiration of our existing charters;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the level of our operating costs;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the number of unscheduled off-hire days and the timing of, and number of days required for, scheduled drydocking of our vessels;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">vessel acquisitions and related financings;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">restrictions in our current and future debt arrangements;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">our ability to obtain debt and equity financing on acceptable terms as contemplated by our growth strategy;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">prevailing global and regional economic and political conditions;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the effect of governmental regulations and maritime self-regulatory organization standards on the conduct of our business;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">our overall financial condition;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">our cash requirements and availability;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the amount of cash reserves established by our board of directors; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">restrictions under Marshall Islands law.</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">Marshall Islands law generally prohibits the payment
of dividends other than from surplus or certain net profits, or while a company is insolvent or would be rendered insolvent by the payment
of such a dividend. We may not have sufficient funds, surplus, or net profits to make distributions.</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 may incur expenses or liabilities or be subject
to other circumstances in the future that reduce or eliminate the amount of cash that we have available for distribution as dividends,
if any. Our growth strategy contemplates that we will finance the acquisition of our new-buildings or selective acquisitions of vessels
through a combination of our operating cash flow and debt financing through our subsidiaries or equity financing. If financing is not
available to us on acceptable terms, our board of directors may decide to finance or refinance acquisitions with a greater percentage
of cash from operations to the extent available, which would reduce or even eliminate the amount of cash available for the payment of
dividends. We may also enter into other agreements that will restrict our ability to pay dividends or make it less desirable for us to
do so.</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 amount of cash we generate from our operations
may differ materially from our net income or loss for the period, which will be affected by non-cash items. We may incur other expenses
or liabilities that could reduce or eliminate the cash available for distribution as dividends. As a result of these and the other factors
mentioned above, we may pay dividends during periods when we record losses and may not pay dividends during periods when we record net
income, if we pay dividends at all.</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>

<!-- Field: Page; Sequence: 33 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"></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"><b><i>We are a holding company, and we will depend
on the ability of our subsidiaries to distribute funds to us in order to satisfy our financial obligations or to make dividend payments.</i></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 are a holding company and our subsidiaries, which
are all directly and wholly owned by us, will conduct all of our operations and own all of our operating assets. We have no significant
assets other than the equity interests in our wholly owned subsidiaries. As a result, our ability to make dividend payments depends on
our subsidiaries and their ability to distribute funds to us. If we are unable to obtain funds from our subsidiaries, our board of directors
may exercise its discretion not to declare or pay dividends. In addition, our subsidiaries are subject to limitations on the payment of
dividends under Marshall Islands or Maltese law.</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><i>Management may be unable to provide reports
as to the effectiveness of our internal control over financial reporting or, when applicable, our independent registered public accounting
firm may be unable to provide us with unqualified attestation reports as to the effectiveness of our internal control over financial reporting
when required.</i></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">Under Section 404 of the Sarbanes-Oxley Act of 2002,
which we refer to as Sarbanes-Oxley, we are required to include in each of our annual reports on Form 20-F a report containing our management&#8217;s
assessment of the effectiveness of our internal control over financial reporting and in this annual report on Form 20-F a related attestation
of our independent registered public accounting firm. In addition, management may not conclude that our internal control over financial
reporting is effective if a material weakness exists in our internal control over financial reporting. If in such annual reports on Form
20-F our management cannot provide a report as to the effectiveness of our internal control over financial reporting or, when applicable,
our independent registered public accounting firm is unable to provide us with an unqualified attestation report as to the effectiveness
of our internal control over financial reporting as required by Section 404, investors could lose confidence in the reliability of our
consolidated financial statements, which could result in a decrease in the value of our common shares.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Unless we set aside reserves or are able to
raise or borrow funds for vessel replacement, at the end of a vessel&#8217;s useful life our revenues will decline.</i></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 December 31, 2021 and December 31, 2020, the
vessels in our current fleet had a weighted average age of 10.2 and 11.2 years, respectively. Our oldest vessel was built in 2005, and
our youngest vessel was built in 2018. Unless we maintain reserves or are able to raise or borrow or raise funds for vessel replacement,
we will be unable to replace the vessels in our fleet upon the expiration of their remaining useful lives, which we expect to be 25 years
from the date of their construction. Our cash flows and income are dependent on the revenues earned by the chartering of our vessels
to customers. If we are unable to replace the vessels in our fleet upon the expiration of their useful lives, our business, results of
operations, financial condition and ability to pay dividends will be materially adversely affected. Any reserves set aside for vessel
replacement may not be available for dividends.</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>We depend upon a few significant customers for
a large part of our revenues.</i></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 may derive a significant part of our revenue from
a small number of customers. During the years ended December 31, 2021, 2020 and 2019, we derived substantially all of our revenues from
approximately 23, 29 and 22 customers, respectively, and approximately 47%, 31% and 50%, respectively, of our revenues during those years
were derived from four customers. If one or more of our major customers defaults under a charter with us and we are not able to find a
replacement charter, or if such a customer exercises certain rights to terminate the charter, we could suffer a loss of revenues that
could materially adversely affect our business, financial condition, results of operations and cash available for distribution as dividends
to our shareholders.</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>

<!-- Field: Page; Sequence: 34 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">We could lose a customer or the benefits of a time
charter if, among other things:</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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the customer fails to make charter payments because of its financial inability, disagreements with us or otherwise;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; text-align: justify">&#160;</td>
    <td style="width: 3%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; text-align: justify"><span style="font-size: 10pt">the customer terminates the charter because of our non-performance, including failure to deliver the vessel within a fixed period of time, the vessel is lost or damaged beyond repair, serious deficiencies in the vessel, prolonged periods of off-hire or our default under the charter; or</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; text-align: justify">&#160;</td>
    <td style="width: 3%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; text-align: justify"><span style="font-size: 10pt">the customer terminates the charter because the vessel has been subject to seizure for more than 30 days.</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">If we lose a key customer, we may be unable to
obtain charters on comparable terms with charterers of comparable standing or we may have increased exposure to the volatile short-term
or spot market, which is highly competitive and subject to significant price fluctuations. We would not receive any revenues from such
a vessel while it remained unchartered, but we may be required to pay expenses necessary to maintain the vessel in proper operating condition,
insure it and service any indebtedness secured by such vessel. The loss of any of our customers, time charters or vessels or a decline
in payments under our charters could have a material adverse effect on our business, results of operations and financial condition and
our ability to pay dividends.</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>Provisions of our articles of incorporation
and bylaws may have anti-takeover effects<span style="background-color: white">, which could depress the trading price of our common shares.</span></i></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">Several provisions of our articles of incorporation
and bylaws, which are summarized below, may have anti-takeover effects. These provisions are intended to avoid costly takeover battles,
lessen our vulnerability to a hostile change of control and enhance the ability of our board of directors to maximize shareholder value
in connection with any unsolicited offer to acquire our company. However, these anti-takeover provisions could also discourage, delay
or prevent the merger or acquisition of our company by means of a tender offer, a proxy contest or otherwise that a shareholder may consider
in its best interest and the removal of incumbent officers and directors, which could affect the desirability of our shares and, consequently,
our share price.</p>

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our multi-class stock structure, which consists of
common shares, Class B common shares, and preferred shares, can provide holders of our Class B common shares or preferred shares a significant
degree of control over all matters requiring shareholder approval, including the election of directors and significant corporate transactions,
such as a merger or other sale of our company or its assets, because our different classes of shares can have different numbers of votes.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For instance, while our common shares have one vote
on matters before the shareholders, each of our 10,300 outstanding Series B preferred shares has 25,000 votes on matters before the shareholders;&#160;<i>provided
however,&#160;</i>that no holder of Series B preferred shares may exercise voting rights pursuant to any Series B preferred shares that
would result in the total number of votes a holder is entitled to vote on any matter submitted to a vote of shareholders of the Company
to exceed 49.99% of the total number of votes eligible to be cast on such matter. No Class B common shares are presently outstanding,
but if and when we issue any, each Class B common share will have 20 votes on matters before the shareholders.</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">At present, and until a substantial number of additional
securities are issued, our holder of Series B preferred shares exerts substantial control of the Company&#8217;s votes and is able to
exert substantial control over our management and all matters requiring shareholder approval, including electing directors and significant
corporate transactions, such as a merger. Such holder&#8217;s interest could differ from other shareholders&#8217; interests.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Blank Check Preferred Shares</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">Under the terms of our articles of incorporation,
our board of directors has authority, without any further vote or action by our shareholders, to issue up to 100 million &#8220;blank
check&#8221; preferred shares, almost all of which currently remain available for issuance. Our board could authorize the issuance of
preferred shares with voting or conversion rights that could dilute the voting power or rights of the holders of common shares, in addition
to preferred shares that are already outstanding. The issuance of preferred shares, while providing flexibility in connection with possible
acquisitions and other corporate purposes, could, among other things, have the effect of delaying, deferring or preventing a change in
control of us or the removal of our management and may harm the market price of our common shares.</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"><i>Classified Board of Directors</i>.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our articles of incorporation provide for the division
of our board of directors into three classes of directors, with each class as nearly equal in number as possible, serving staggered, three-year
terms beginning upon the expiration of the initial term for each class. Approximately one-third of our board of directors is elected each
year. This classified board provision could discourage a third party from making a tender offer for our shares or attempting to obtain
control of us. It could also delay shareholders who do not agree with the policies of our board of directors from removing a majority
of our board of directors for up to two years.</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>

<!-- Field: Page; Sequence: 35 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-indent: 36pt">&#160;</p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our articles of incorporation do not provide for cumulative
voting in the election of directors. Our bylaws require parties, other than the chairman of the board of directors, board of directors
and shareholders holding 30% or more of the voting power of the aggregate number of our shares issued and outstanding and entitled to
vote, to provide advance written notice of nominations for the election of directors. These provisions may discourage, delay or prevent
the removal of incumbent officers and directors.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Advance Notice Requirements for Shareholder Proposals
and Director Nominations</i>.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our bylaws provide that shareholders, other than shareholders
holding 30% or more of the voting power of the aggregate number of our shares issued and outstanding and entitled to vote, seeking to
nominate candidates for election as directors or to bring business before an annual meeting of shareholders must provide timely notice
of their proposal in writing to the corporate secretary.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Generally, to be timely, a shareholder&#8217;s notice
must be received at our principal executive offices not less than 150 days or more than 180 days prior to the first anniversary date of
the immediately preceding annual meeting of shareholders. Our bylaws also specify requirements as to the form and content of a shareholder&#8217;s
notice. These provisions may impede a shareholder&#8217;s ability to bring matters before an annual meeting of shareholders or make nominations
for directors at an annual meeting of shareholders.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Calling of Special Meetings of Shareholders</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our bylaws provide that special meetings of our shareholders
may be called only by the chairman of our board of directors, by resolution of our board of directors or by holders of 30% or more of
the voting power of the aggregate number of our shares issued and outstanding and entitled to vote at such meeting.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Action by Written Consent in Lieu of a Meeting</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our articles permit any action which may or is required
by the BCA to be taken at a meeting of the shareholders to be authorized by consents in writing signed by the holders of outstanding shares
having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares
entitled to vote thereon were present and voted. Presently and until and unless we issue a significant number of securities, Goldenmare
Limited, a company affiliated with our Chief Executive Officer, holds Series B preferred shares controlling a significant portion of the
voting power of our outstanding capital stock. Goldenmare could, together with shareholders possessing a relatively small number of shares,
act by written consent in lieu of a meeting and authorize major transactions on behalf of the Company, all without calling a meeting of
shareholders.</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"><i>Business Combinations</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">Our articles prohibit us from engaging in a
business combination with an interested shareholder for a period of three years following the date of the transaction in which the
person became an interested shareholder, subject to certain exceptions. Please see &#8220;Item 10B.&#8212;Memorandum and Articles of
Association&#8212;Anti-Takeover Effects of Certain Provisions of our Articles of Incorporation and Bylaws&#8212;Business
Combinations.&#8221;</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We generate revenues from the trading of our
vessels in U.S. dollars but incur a portion of our expenses in other currencies. </i></b></p>

<p style="font: 12pt 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 generate substantially all of our revenues from
the trading of our vessels in U.S. dollars, but during the years ended December 31, 2021, 2020 and 2019 we incurred approximately 31%,
25% and 27%, respectively, of our vessel operating expenses, and certain administrative expenses, in currencies other than the U.S. dollar.
This difference could lead to fluctuations in net profit due to changes in the value of the U.S. dollar relative to the other currencies.
Expenses incurred in foreign currencies against which the U.S. dollar falls in value can increase, decreasing our revenues. We have not
hedged our currency exposure, and, as a result, our results of operations and financial condition, denominated in U.S. dollars, and our
ability to pay dividends could suffer.</p>

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

<!-- Field: Page; Sequence: 36 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b><i>Increases in interest rates may cause the market
price of our shares to decline.</i></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">An increase in interest rates may cause a corresponding
decline in demand for equity investments in general. Any such increase in interest rates or reduction in demand for our shares resulting
from other relatively more attractive investment opportunities may cause the trading price of our shares to decline. If LIBOR (or its
successor) increases, then our payments pursuant to certain existing loans will increase. See &#8220;Item 11. Quantitative and Qualitative
Disclosures About Market Risk.&#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><i>If volatility in the London InterBank Offered
Rate, or LIBOR, occurs, or when LIBOR is replaced as the reference rate under our debt obligations, it could affect our profitability,
earnings and cash flow</i></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">LIBOR may be volatile, with the spread between LIBOR
and the prime lending rate widening significantly at times. These conditions are the result of disruptions in the international markets.
Because the interest rates borne by the CIT Loan Facility fluctuates with changes in LIBOR, it would affect the amount of interest payable
on those debts, which, in turn, could have an adverse effect on our 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 1.45pt 10pt 0; text-align: justify">On July 27, 2017, the UK Financial
Conduct Authority (&#8220;FCA&#8221;) announced that it would phase-out LIBOR by the end of 2021. On November 30, 2020, ICE Benchmark
Administration (&#8220;IBA&#8221;), the administrator of LIBOR, with the support of the United States Federal Reserve and the United
Kingdom&#8217;s Financial Conduct Authority, announced plans to consult on ceasing publication of U.S. Dollar LIBOR on December 31, 2021
for only the one-week and two-month U.S. Dollar LIBOR tenors, and on June 30, 2023 for all other U.S. Dollar LIBOR tenors. This announcement
coincided with an announcement by the International Swaps and Derivatives Association (&#8220;ISDA&#8221;) that the IBA announcement
was not a triggering event which would set the spread to be used in its derivative contracts as part of the risk-free rate determination
process. As a result, lenders have insisted on fallback provisions that entitle the lenders, in their discretion, to replace published
LIBOR as the basis for the interest calculation with successor benchmark rates, such as their cost-of-funds rate. Various alternative
reference rates are being considered in the financial community. The Secured Overnight Financing Rate has been proposed by the Alternative
Reference Rate Committee, a committee convened by the U.S. Federal Reserve that includes major market participants and on which regulators
participate, as an alternative rate to replace U.S. dollar LIBOR. However, it is not possible at this time to know the ultimate impact
a phase-out of LIBOR may have, or how any such changes or alternative methods for calculating benchmark interest rates would be applied
to any particular agreement containing terms based on LIBOR, which generally have alternative calculation provisions. If, however, these
are implicated, the interest payable on these particular agreements could be subject to volatility and the underlying lending costs could
increase, which would have an adverse effect on the borrowers&#8217; profitability, earnings and cash flow.<i>&#160;</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>The public market may not continue to be active
and liquid enough for our shareholders to resell our common shares in the future.</i></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">The price of our common shares may be volatile and
may fluctuate due to factors such as:</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: top">
    <td style="text-align: justify; width: 3%">&#160;</td>
    <td style="text-align: justify; width: 3%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="text-align: justify; width: 94%"><span style="font-size: 10pt">actual or anticipated fluctuations in our quarterly and annual results
and those of other public companies in our industry;</span></td></tr>
</table>

<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: top">
    <td style="text-align: justify; width: 3%">&#160;</td>
    <td style="text-align: justify; width: 3%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="text-align: justify; width: 94%"><span style="font-size: 10pt">mergers and strategic alliances in the dry bulk shipping industry;</span></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</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: 3%; text-align: justify">&#160;</td>
    <td style="width: 3%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; text-align: justify"><span style="font-size: 10pt">market conditions in the dry bulk shipping industry;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; text-align: justify">&#160;</td>
    <td style="width: 3%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; text-align: justify"><span style="font-size: 10pt">changes in government regulation;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; text-align: justify">&#160;</td>
    <td style="width: 3%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; text-align: justify"><span style="font-size: 10pt">shortfalls in our operating results from levels forecast by securities analysts;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; text-align: justify">&#160;</td>
    <td style="width: 3%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; text-align: justify"><span style="font-size: 10pt">announcements concerning us or our competitors; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; text-align: justify">&#160;</td>
    <td style="width: 3%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; text-align: justify"><span style="font-size: 10pt">the general state of the securities market.</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"></p>

<!-- Field: Page; Sequence: 37 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 dry bulk shipping industry has been highly unpredictable
and volatile. The market for our common shares may be equally volatile.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We may have to pay tax on U.S. source shipping
income.</i></b></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">Under the U.S. Internal Revenue Code of 1986, as amended, or the Code,
50% of the gross shipping income of a vessel-owning or chartering corporation that is attributable to transportation that begins or ends,
but that does not both begin and end, in the United States is characterized as U.S. source shipping income and such income is subject
to a 4% U.S. federal income tax without allowance for deductions, unless that corporation qualifies for exemption from tax under section
883 of the Code and the U.S. Treasury regulations promulgated thereunder, which we refer to as the Section 883 Exemption, or through the
application of a comprehensive income tax treaty between the United States and the corporation&#8217;s country of residence. The eligibility
of Globus Maritime and our subsidiaries to qualify for the Section 883 Exemption is determined each taxable year and is dependent on certain
circumstances related to the ownership of our shares and on interpretations of existing U.S. Treasury regulations, each of which could
change. We can therefore give no assurance that we will in fact be eligible to qualify for the Section 883 Exemption for all taxable years.
In addition, changes to the Code, the U.S. Treasury regulations or the interpretation thereof by the U.S. Internal Revenue Service, or
IRS, or the courts could adversely affect the ability of Globus Maritime and our subsidiaries to take advantage of the Section 883 Exemption.</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">If we are not entitled to the Section 883 Exemption or an exemption under
a tax treaty for any taxable year in which any company in the group earns U.S. source shipping income, any company earning such U.S. source
shipping income, would be subject to a 4% U.S. federal income tax on the gross amount of the U.S. source shipping income for the year
(or an effective rate of 2% on shipping income attributable to the transportation of freight to or from the United States). The imposition
of this taxation could have a negative effect on our business and revenues and would result in decreased earnings available for distribution
to our shareholders.</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 a more complete discussion, please read the section
entitled &#8220;Item 10.E. Taxation&#8212; United States Tax Considerations&#8212; United States Federal Income Taxation of the Company.&#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"><b><i>U.S. tax authorities could treat us as a &#8220;passive
foreign investment company,&#8221; which could result in adverse U.S. federal income tax consequences to U.S. shareholders.</i></b></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">A foreign corporation will be treated as a &#8220;passive
foreign investment company,&#8221; or PFIC, for U.S. federal income tax purposes if either at least 75% of its gross income for any taxable
year consists of certain types of &#8220;passive income&#8221; or at least 50% of the average value of the corporation&#8217;s assets
produce or are held for the production of those types of &#8220;passive income.&#8221; For purposes of these tests, &#8220;passive income&#8221;
includes dividends, interest and gains from the sale or exchange of investment property, and rents and royalties other than rents and
royalties that are received from unrelated parties in connection with the active conduct of a trade or business. For purposes of these
tests, income derived from the performance of services does not constitute &#8220;passive income.&#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">U.S. shareholders of a PFIC are subject to a
disadvantageous U.S. federal income tax regime with respect to the income derived by the PFIC, the distributions they receive from
the PFIC, and the gain, if any, they derive from the sale or other disposition of their shares in the PFIC, unless those
shareholders make an election available under the Code (which election could itself have adverse consequences for such
shareholders). In particular, U.S. shareholders who are individuals would not be eligible for the preferential tax rate on qualified
dividends. Please read &#8220;Item 10.E. Taxation&#8212;United States Tax Considerations&#8212;United States Federal Income Taxation
of United States Holders&#8221; for a more comprehensive discussion of the U.S. federal income tax consequences to U.S. shareholders
if we are treated as a PFIC.</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">Based on our current operations and anticipated future
operations, we believe we should not be treated as a PFIC. In this regard, we intend to treat gross income we derive or are deemed to
derive from our time chartering activities as services income, rather than rental income. Accordingly, we believe that our income from
our time chartering activities should not constitute &#8220;passive income,&#8221; and that the assets we own and operate in connection
with the production of that income do not constitute assets that produce or are held for the production of &#8220;passive income.&#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">There are legal uncertainties involved in this determination
because there is no direct legal authority under the PFIC rules addressing our current and projected future operations. Moreover, a case
decided in 2009 by the U.S. Court of Appeals for the Fifth Circuit held that, contrary to the position of the IRS in that case, and for
purposes of a different set of rules under the Code, income received under a time charter of vessels should be treated as rental income
rather than services income. If the reasoning of this case were extended to the PFIC context, the gross income we derive or are deemed
to derive from our time chartering activities would be treated as rental income, and we would be a PFIC unless an active leasing exception
applies. Although the IRS has announced that it will not follow the reasoning of this case, and that it intends to treat the income from
standard industry time charters as services income, no assurance can be given that a U.S. court will not follow the aforementioned case.
Moreover, no assurance can be given that we would not constitute a PFIC for any future taxable year if there were to be changes in our
assets, income or operations.</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">If the IRS were to find that we are or have been a
PFIC for any taxable year, our U.S. shareholders will face adverse U.S. tax consequences and information reporting obligations, as more
fully described under &#8220;Item 10.E. Taxation&#8212;United States Tax Considerations&#8212;United States Federal Income Taxation of
United States Holders.&#8221;</p>

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

<!-- Field: Page; Sequence: 38 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-align: justify"><b><i>We could face penalties under European Union,
United States or other economic sanctions.</i></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 business could be adversely impacted if we are
found to have violated economic sanctions under the applicable laws of the European Union, the United States or another applicable jurisdiction
against countries such as Iran, Syria, North Korea and Cuba<span style="font: 8pt Calibri, Helvetica, Sans-Serif">&#160;&#160;</span><span style="font-size: 10pt">.
U.S. economic sanctions, for example, prohibit a wide scope of conduct, target numerous countries and individuals, are frequently updated
or changed and have vague application in many situations.</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">Many economic sanctions relate to our business, including
prohibitions on certain kinds of trade with countries, such as exportation or re-exportation of commodities, or prohibitions against certain
transactions with designated nationals who may be operating under aliases or through non-designated companies. The imposition of Ukrainian-related
economic sanctions on Russian persons, first imposed in March 2014 and further in 2022, is an example of economic sanctions with a potentially
widespread and unpredictable impact on shipping.&#160;Certain of our charterers or other parties with whom we have entered into contracts
regarding our vessels may be affiliated with persons or entities that are the subject of sanctions imposed by the U.S. government, the
European Union and/or other international bodies relating to the annexation of Crimea by Russia in 2014 and the current conflict in Ukraine.
If we determine that such sanctions require us to terminate existing contracts or if we are found to be in violation of such applicable
sanctions, our results of operations may be adversely affected or we may suffer reputational harm.</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">Additionally, the U.S. Iran Threat Reduction Act (which
was signed into law in 2012) amended the Exchange Act to require issuers that file annual or quarterly reports under Section 13(a) of
the Exchange Act to include disclosure in their annual and quarterly reports as to whether the issuer or its affiliates have knowingly
engaged in certain activities prohibited by sanctions against Iran or transactions or dealings with certain identified persons. We are
subject to this disclosure requirement.</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">There can be no assurance that we will be in compliance
with all applicable sanctions and embargo laws and regulations in the future, particularly as the scope of certain laws may be unclear
and may be subject to changing interpretations. Any such violation could result in fines or other penalties and could severely impact
our ability to access U.S. capital markets and conduct our business, and could result in some investors deciding, or being required,
to divest their interest, or not to invest, in us. Even inadvertent violations of economic sanctions can result in the imposition of
material fines and restrictions and could adversely affect our business, financial condition and results of operations, our reputation,
and the market price of our common 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; 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><i>Our vessels may call on ports subject to economic
sanctions or embargoes.</i></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">From time to time on charterers&#8217; instructions,
our vessels may call on ports located in countries subject to sanctions and embargoes imposed by the United States government and countries
identified by the U.S. government as state sponsors of terrorism, such as Iran, Sudan, North Korea, and Syria. The U.S. sanctions and
embargo laws and regulations vary in their application, as they do not all apply to the same covered persons or proscribe the same activities,
and such sanctions and embargo laws and regulations may be amended or strengthened over time. On May 1, 2012, then-President Obama signed
Executive Order 13608 which prohibits foreign persons from violating or attempting to violate, or causing a violation of any sanctions
in effect against Iran or facilitating any deceptive transactions for or on behalf of any person subject to U.S. sanctions. Any persons
found to be in violation of Executive Order 13608 will be deemed a foreign sanctions evader and will be banned from all contacts with
the United States, including conducting business in U.S. dollars.</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 14, 2015, the P5+1 (the United States, United
Kingdom, Germany, France, Russia and China) and the EU announced that they reached a landmark agreement with Iran titled the Joint Comprehensive
Plan of Action, or the JCPOA, which was intended to restrict significantly Iran&#8217;s ability to develop and produce nuclear weapons
while simultaneously easing sanctions directed at non-U.S. persons for conduct involving Iran, but taking place outside of U.S. jurisdiction
and not involving U.S. persons. On January 16, 2016, the United States joined the EU and the United Nations in lifting a significant number
of sanctions on Iran following an announcement by the International Atomic Energy Agency, or the IAEA, that Iran had satisfied its obligations
under the JCPOA. However, in 2018, then-President Trump withdrew the United States from the JCPOA, resulting in the complete reimposition
of U.S. sanctions. As of now, the EU and other parties to the JCPOA have not withdrawn, and the EU and United Nations sanctions that were
lifted have not been reimposed, while the U.S. under President Biden has not re-entered the JCPOA or lifted any of the U.S. sanctions
on Iran imposed by former President Trump.</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>

<!-- Field: Page; Sequence: 39 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Although we believe that we have been in compliance
with all applicable sanctions and embargo laws and regulations, and intend to maintain such compliance, there can be no assurance that
we will be in compliance in the future as such regulations and sanctions may be amended over time. Any such violation could result in
fines, penalties or other sanctions that could severely impact our ability to access U.S. capital markets and conduct our business, and
could result in some investors deciding, or being required, to divest their interest, or not to invest, in us. In addition, certain institutional
investors may have investment policies or restrictions that prevent them from holding securities of companies that have contracts with
countries identified by the U.S. government as state sponsors of terrorism. The determination by these investors not to invest in, or
to divest from, our common shares may adversely affect the price at which our common shares trade. Moreover, our charterers may violate
applicable sanctions and embargo laws and regulations as a result of actions that do not involve us or our vessels, and those violations
could in turn negatively affect our reputation. In addition, our reputation and the market for our securities may be adversely affected
if we engage in certain other activities, such as entering into charters with individuals or entities in countries subject to U.S. sanctions
and embargo laws that are not controlled by the governments of those countries, or engaging in operations associated with those countries
pursuant to contracts with third parties that are unrelated to those countries or entities controlled by their governments. Investor perception
of the value of our common shares may be adversely affected by the consequences of war, the effects of terrorism, civil unrest and governmental
actions in these and surrounding countries.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>We are subject to Marshall Islands corporate
law, which is not well-developed.</i></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 corporate affairs are governed by our articles
of incorporation, our bylaws and by the Marshall Islands Business Corporations Act, or the BCA. The provisions of the BCA resemble provisions
of the corporation laws of a number of states in the United States. However, there have been few judicial cases in the Marshall Islands
interpreting the BCA. The rights and fiduciary responsibilities of directors under the laws of the Marshall Islands are not as clearly
established as the rights and fiduciary responsibilities of directors under statutes or judicial precedent in existence in certain United
States jurisdictions. The rights of shareholders of corporations incorporated in or redomiciled into the Marshall Islands may differ
from the rights of shareholders of corporations incorporated in the United States. While the BCA provides that it is to be applied and
construed to make the laws of the Marshall Islands, for non-resident entities such as us, with respect of the subject matter of the BCA,
uniform with the laws of the State of Delaware and other states with substantially similar legislative provisions (and adopts their case
law to the extent it does not conflict with the BCA), there have been few court cases interpreting the BCA in the Marshall Islands and
we cannot predict whether Marshall Islands courts would reach the same conclusions as United States courts. Thus, you may have more difficulty
in protecting your interests in the face of actions by our management, directors or controlling shareholders than would shareholders
of a corporation incorporated in a United States jurisdiction that has developed a more substantial body of case law in the corporate
law area.</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><i>As a Marshall Islands corporation with principal
executive offices in Greece, and also having subsidiaries in the Marshall Islands and other offshore jurisdictions such as Malta, our
operations may be subject to economic substance requirements. </i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 12, 2019, the Council of the European Union
published a list of &#8220;non-cooperative jurisdictions&#8221; for tax purposes in which the Republic of the Marshall Islands, among
others, was placed by the E.U. on this list for failing to implement certain commitments previously made to the E.U. by the agreed deadline.
However, it was announced by the Council of the European Union on October 10, 2019 that the Marshall Islands had been removed from that
list. E.U. member states have agreed upon a set of measures, which they can choose to apply against the listed countries, including increased
monitoring and audits, withholding taxes and non-deductibility of costs. The European Commission has stated it will continue to support
member states' efforts to develop a more coordinated approach to sanctions for the listed countries in 2019. E.U. legislation prohibits
certain E.U. funds from being channeled or transited through entities in non-cooperative jurisdictions.&#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">We are a Marshall Islands corporation with principal
executive offices in Greece. Our management company is also a Marshall Islands entity and one of our subsidiaries is organized in Malta.
The Marshall Islands has enacted economic substance regulations with which we may be obligated to comply. Those regulations require certain
entities that carry out particular activities to comply with an economic substance test whereby the entity must show that it (i) is directed
and managed in the Marshall Islands in relation to that relevant activity, (ii) carries out core income-generating activity in relation
to that relevant activity in the Marshall Islands (although it is being understood and acknowledged by the regulators that income-generated
activities for shipping companies will generally occur in international waters) and (iii) having regard to the level of relevant activity
carried out in the Marshall Islands has (a) an adequate amount of expenditures in the Marshall Islands, (b) adequate physical presence
in the Marshall Islands and (c) an adequate number of qualified employees in the Marshall Islands.</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>

<!-- Field: Page; Sequence: 40 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">If we fail to comply with our obligations under this
legislation or any similar law applicable to us in any other jurisdictions, we could be subject to financial penalties and spontaneous
disclosure of information to foreign tax officials, or could be struck from the register of companies, in related jurisdictions. Any of
the foregoing could be disruptive to our business and could have a material adverse effect on our business, financial conditions and operating
results.</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 do not know: if the E.U. will once again add the
Marshall Islands or Malta to the list of non-cooperative jurisdictions; how quickly the E.U. would react to any changes in legislation
of the Marshall Islands or Malta; or how E.U. banks or other counterparties will react while we or any of our subsidiaries remain as entities
organized and existing under the laws of listed countries. The effect of the E.U. list of non-cooperative jurisdictions, and any noncompliance
by us with any legislation adopted by applicable countries to achieve removal from the list, including economic substance regulations,
could have a material adverse effect on our business, financial conditions and operating results.</p>

<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; text-align: justify"><b><i>It may be difficult to serve us with legal process
or enforce judgments against us, our directors or our management.</i></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 business is operated primarily from our offices
in Greece. In addition, a majority of our directors and officers are non-residents of the United States, and all of our assets and a substantial
portion of the assets of these non-residents are located outside the United States. As a result, it may be difficult or impossible for
you to bring an action against us or against these individuals in the United States if you believe that your rights have been infringed
under securities laws or otherwise. You may also have difficulty enforcing, both within and outside of the United States, judgments you
may obtain in the United States courts against us or these persons in any action, including actions based upon the civil liability provisions
of United States federal or state securities laws. There is also substantial doubt that the courts of the Marshall Islands or Greece would
enter judgments in original actions brought in those courts predicated on United States federal or state securities laws.</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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>The international nature of our operations may
make the outcome of any bankruptcy proceedings difficult to predict.</i></b></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">We redomiciled into the Marshall Islands and our subsidiaries
are incorporated under the laws of the Marshall Islands or Malta, we have limited operations in the United States and we maintain limited
assets, if any, in the United States. Consequently, in the event of any bankruptcy, insolvency, liquidation, dissolution, reorganization
or similar proceeding involving us or any of our subsidiaries, bankruptcy laws other than those of the United States could apply. The
Marshall Islands does not have a bankruptcy statute or general statutory mechanism for insolvency proceedings. If we become a </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">debtor under
U.S.&#160;bankruptcy law, bankruptcy courts in the United States may seek to assert jurisdiction over all of our assets, wherever located,
including property situated in other countries. There can be no assurance, however, that we would become a debtor in the United States,
or that a U.S.&#160;bankruptcy court would accept, or be entitled to accept, jurisdiction over such a bankruptcy case, or that courts
in other countries that have jurisdiction over us and our operations would recognize a U.S.&#160;bankruptcy court&#8217;s jurisdiction
if any other bankruptcy court would determine it had jurisdiction. These factors may delay or prevent us from entering bankruptcy in the
United States and may affect the ability of our shareholders to receive any recovery following our bankruptcy.</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"><b><i>A cyber-attack could materially disrupt our business.</i></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">We rely on information technology systems and networks
in our operations and administration of our business. Information systems are vulnerable to security breaches by computer hackers and
cyber terrorists. We rely on industry accepted security measures and technology to securely maintain confidential and proprietary information
maintained on our information systems. However, these measures and technology may not adequately prevent security breaches. Our business
operations could be targeted by individuals or groups seeking to sabotage or disrupt our information technology systems and networks,
or to steal data. A successful cyber-attack could materially disrupt our operations, including the safety of our operations, or lead to
unauthorized release of information or alteration of information in our systems. Any such attack or other breach of our information technology
systems could have a material adverse effect on our business and results of operations. In addition, the unavailability of the information
systems or the failure of these systems to perform as anticipated for any reason could disrupt our business and could result in decreased
performance and increased operating costs, causing our business and results of operations to suffer. Any significant interruption or failure
of our information systems or any significant breach of security could adversely affect our business and results of operations. Most recently,
the escalation in conflict between Russia and Ukraine has been accompanied by cyber-attacks against the Ukrainian government and other
countries in the region. It is possible that these attacks could have collateral effects on additional critical infrastructure and financial
institutions globally, which could adversely affect our operations. It is difficult to assess the likelihood of such threat and any potential
impact at this time.</p>


<!-- Field: Page; Sequence: 41 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b>&#160;</b></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_006"></span>Item 4.&#160;&#160;Information on the Company</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-indent: 36pt"><b><i>A.&#160;&#160;History and Development of the Company</i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">We originally incorporated as
Globus Maritime Limited on July 26, 2006 pursuant to the Companies (Jersey) Law 1991 (as amended), and began operations in September 2006.
Following the conclusion of our initial public offering on June 1, 2007, our common shares were listed on the London Stock Exchange&#8217;s
Alternative Investment Market, or AIM, under the ticker &#8220;GLBS.L.&#8221; On July 29, 2010, we effected a 1-4 reverse stock split,
with our issued share capital resulting in 7,240,852 common shares of $0.004 each. (These figures do not reflect the 1-4 reverse stock
split which occurred in October 2016, the 1-10 reverse stock split which occurred in October 2018 or the 1-100 reverse stock split which
occurred in October 2020.)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On November 24, 2010, we redomiciled into the Marshall
Islands pursuant to the BCA and a resale registration statement for our common shares was declared effective by the SEC. Once the resale
registration statement was declared effective by the SEC, our common shares began trading on the Nasdaq Global Market under the ticker
&#8220;GLBS.&#8221; Our common shares were suspended from trading on the AIM on November 24, 2010 and were delisted from the AIM on November
26, 2010.</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On April 11, 2016, our common
shares began trading on the Nasdaq Capital Market instead of the Nasdaq Global Market.</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On October 20, 2016, we effected
a 1-4 reverse stock split which reduced the number of outstanding common shares from 10,510,741 to 2,627,674 shares (adjustments were
made based on fractional shares). (These figures do not reflect the 1-10 reverse stock split which occurred in October 2018 or the 1-100
reverse stock split which occurred in October 2020.)</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On October 15, 2018, we effected
a 1-10 reverse stock split which reduced the number of outstanding common shares from 32,065,077 to 3,206,495 shares (adjustments were
made based on fractional shares). (These figures do not reflect the 1-100 reverse stock split which occurred in October 2020.)</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">In November 2018, we
entered into a credit facility for up to $15 million with Firment Shipping Inc., a related party to us, for the purpose of financing
our general working capital needs, which facility was amended and restated on May 8, 2020. The Firment Shipping Credit Facility was
unsecured and remained available until its final maturity date at October 31, 2021, as amended. We had the right to drawdown any
amount up to $15 million or prepay any amount in multiples of $100,000. Any prepaid amount could have
been re-borrowed. Interest on drawn and outstanding amounts was charged at 3.5% per annum until December 31, 2020, and thereafter at
7% per annum. No commitment fee was charged on the amounts remaining available and undrawn. Interest was payable the last day of a
period of three months after the drawdown date, after this period in case of failure to pay any sum due a default interest of 2% per
annum above the regular interest was charged.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">  We had also the right,
in our sole option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid interest under this
Agreement into common shares. The conversion price would have equaled the higher of (i) the average of the daily dollar volume-weighted
average sale price for the common stock on the Principal Market on any trading day during the period beginning at 9.30 a.m. New York City
time and ending at 4.00 p.m. over the Pricing Period multiplied by 80%, where the &#8220;Pricing Period&#8221; equals the ten consecutive
trading days immediately preceding the date on which the conversion notice was executed or (ii) $280.00. On July 27, 2020, the Company
repaid the total outstanding principal and interest of the Firment Shipping Credit Facility of approximately $863,000. This facility expired
on its terms on October 31, 2021.</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 March 13, 2019, the Company signed a securities
purchase agreement with a private investor and on March 13, 2019 issued, for gross proceeds of $5 million, a senior convertible note (the
&#8220;Convertible Note&#8221;) that was convertible into shares of the Company&#8217;s common stock, par value $0.004 per share. If not
converted or redeemed beforehand pursuant to the terms of the Convertible Note, the Convertible Note was scheduled to mature on March
13, 2020, the first anniversary of its issue, but its holder waived the Convertible Note&#8217;s maturity until March 13, 2021. The Convertible
Note was issued in a transaction exempt from registration under the Securities Act. The Convertible Note provided for interest to accrue
at 10% annually, to be paid at maturity unless the Convertible Note was converted or redeemed pursuant to its terms beforehand. The interest
could have been paid in common shares of the Company, if certain conditions described within the Convertible Note were met. The outstanding
balance of the Convertible Note not previously converted into shares was fully repaid in June 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"></p>

<!-- Field: Page; Sequence: 42 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 22, 2020, we completed a public offering of
34,285,714 units of the Company. Each unit consisted of one common share and one Class A Warrant to purchase one common share (a &#8220;Class
A Warrant&#8221;), for $35 per unit. At the time of the closing, the underwriters exercised and closed a part of their over-allotment
option, and purchased an additional 5,139,286 common shares and Class A Warrants to purchase 5,139,286 common shares. Upon the 1-100 reverse
split which occurred in October 2020, the number of outstanding warrants was not adjusted, but the number of shares issuable upon exercise
thereof and the price per share was proportionately adjusted to reflect the split. The figures above do not reflect the 1-100 reverse
stock split which occurred in October 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">The exercise price of the Class A Warrants is $35
per whole share at any time after their original issuance up to the date that is five years after their original issuance. If a registration
statement registering the issuance of the common shares underlying the warrants under the Securities Act is not effective or available,
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. We may be required to
pay certain amounts as liquidated damages as specified in the warrants in the event we do not deliver common shares upon exercise of the
warrants within the time periods specified in the warrants.</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 30, 2020, we issued 458,500 of our common
shares in a registered direct offering and 458,500 of June Private Placement (&#8220;PP&#8221;) Warrants in a concurrent private placement
for a purchase price of $27 per common share and June PP Warrant. The exercise price of each June PP Warrant was initially $30 per share
but in July 2020 was reduced to $18 per share.</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 21, 2020, we issued 833,333 of our common
shares in a registered direct offering and 833,333 of July PP Warrants to purchase common shares in a concurrent private placement for
a purchase price of $18 per common share and July PP Warrant. The exercise price of each July PP Warrant is $18 per share.</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 December 9, 2020, we issued (a) 1,256,765 common
shares, (b) pre-funded warrants to purchase 155,000 common shares, and (c) warrants (the &#8220;December 2020 Warrants&#8221;) to purchase
1,270,587 common shares. The pre-funded warrants have all been exercised. No December 2020 Warrants have been exercised as of the date
hereof, and may be exercised at any time prior to 5:00 PM New York time on June 9, 2026. The exercise price of the December 2020 Warrants
was reduced from $8.50 per share to $6.25 per share on January 29, 2021.</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 29, 2021, we issued (a) 2,155,000 common
shares, (b) pre-funded warrants to purchase 445,000 common shares, and (c) warrants (the &#8220;January 2021 Warrants&#8221;) to purchase
1,950,000 common shares at an exercise price of $6.25 per share, which may be exercised at any time prior to 5:00 PM New York time on
July 29, 2026. The pre-funded warrants were all exercised prior to the date of this annual report. 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">On February 17, 2021, we issued (a) 3,850,000 common
shares, (b) pre-funded warrants to purchase 950,000 common shares, and (c) warrants (the &#8220;February 2021 Warrants&#8221;) to purchase
4,800,000 common shares at an exercise price of $6.25 per share, which may be exercised at any time prior to 5:00 PM New York time on
August 17, 2026. The pre-funded warrants have all been exercised. 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"></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, we issued (a) 8,900,000 common
shares, (b) pre-funded warrants to purchase 1,100,000 common shares, and (c) warrants (the &#8220;June 2021 Warrants&#8221;) to purchase
10,000,000 common shares at an exercise price of $5.00 per share, which may be exercised at any time prior to 5:00 PM New York time on
December 25, 2026. The pre-funded warrants have all been exercised. No June 2021 Warrants have been exercised as 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">Each of the June PP Warrants, July PP Warrants, December
2020 Warrants, January 2021 Warrants, February 2021 Warrants and June 2021 Warrants is exercisable for a period of five and one-half years
commencing on the date of issuance. The warrants are exercisable at the option of each holder, in whole or in part by delivering to us
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 resale of the common shares underlying the private placement warrants under the
Securities Act is not effective or available at any time after the six month anniversary of the date of issuance of the private placement
warrants, the holder may, in its sole discretion, elect to exercise the private placement 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 a registration statement covering the issuance of the shares under the Securities Act is not effective or available at any
time after the issuance of the December 2020 Warrants, January 2021 Warrants, February 2021 Warrants and June 2021 Warrants, the holder
may, in its sole discretion, elect to exercise the such warrants 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 we do not issue the shares
in a timely fashion, each warrant contains certain liquidated damages provisions.</p>

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

<!-- Field: Page; Sequence: 43 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Each of the warrants described above, other than the
Class A Warrants, were issued pursuant to a securities purchase agreement and a placement agency agreement.</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">From June 22, 2020 through to date, we issued 5,550
common shares pursuant to exercises of outstanding Class A Warrants. As of the date of this annual report, no June PP Warrants, July PP
Warrants, December 2020 Warrants, January 2021 Warrants, February 2021 Warrants or June 2021 Warrants have been exercised.</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 October 21, 2020, we effected a 1-100 reverse stock
split which reduced the number of shares outstanding from 175,675,651 to 1,756,720 (adjustments were made based on fractional shares).
Unless otherwise noted, all historical share numbers, per share amounts, including common share, preferred shares and warrants, have been
adjusted to give effect to this reverse split.</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">On June 12, 2020, we entered into
a stock purchase agreement and issued 50 of our newly designated Series B preferred shares, par value $0.001 per share, to Goldenmare
Limited, a company controlled by our Chief Executive Officer, Athanasios Feidakis, in return for $150,000, which amount was settled by
reducing, on a dollar for dollar basis, the amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In July 2020, we issued an additional 250 of our Series
B preferred shares to Goldenmare Limited in return for $150,000. The $150,000 was paid by reducing, on a dollar-for-dollar basis, the
amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement. In addition, we increased the maximum voting
rights under the Series B preferred shares from 49.0% to 49.99%.</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">In March 2021, we issued an additional 10,000 of our
Series B preferred shares to Goldenmare Limited in return for $130,000, which was settled by reducing, on a dollar-for-dollar basis, the
amount payable 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">&#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 </p>

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

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

<!-- Field: Page; Sequence: 44 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Each issuance of Series B preferred shares to Goldenmare
Limited was approved by an independent committee of the Board of Directors of the Company, which (in each instance) received a fairness
opinion from an independent financial advisor that the transaction was for a fair value.</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">In March&#160;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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May&#160;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">As of December 31, 2021, our issued and outstanding
capital stock consisted of 20,582,301 common shares and 10,300 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">Our executive office is located at the office of Globus
Shipmanagement Corp., which we refer to as our Manager, at 128 Vouliagmenis Avenue, 3rd Floor, 166 74 Glyfada, Attica, Greece. Our telephone
number is +30 210 960 8300. Our registered agent in the Marshall Islands is The Trust Company of the Marshall Islands, Inc. and our registered
address in the Marshall Islands is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. We maintain
our website at www.globusmaritime.gr. Information that is available on or accessed through our website does not constitute part of, and
is not incorporated by reference into, this annual report on Form 20-F. The SEC maintains an internet site that contains reports, proxy
and information statements, and other information regarding us and other issuers that file electronically with the SEC at http://www.sec.gov.</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 0 10pt; text-align: justify; text-indent: 0cm">In October 2020, we purchased
a 2015-built Kamsarmax dry bulk carrier for $18.4 million. The vessel was delivered on October 29, 2020 and was named <i>Galaxy Globe.
Galaxy Globe </i>was built at the Hudong-Zhonghua Shipyard in China and has a carrying capacity of 81,167 dwt.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 9, 2021, we 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, we 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 November 29, 2021, we took delivery of the m/v
&#8220;Orion Globe&#8221;, a 2015-built Kamsarmax dry bulk carrier, through its subsidiary, Salaminia Maritime Limited, for a purchase
price of $28.4 million financed with available cash. The m/v &#8220;Orion Globe&#8221; was built at Tsuneishi Zosen in Japan and has a
carrying capacity of 81,837 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">Our fleet is currently comprised of a total of nine
dry bulk vessels consisting of four Kamsarmaxes, one Panamax and four Supramaxes. The weighted average age of the vessels we owned as
of December 31, 2021 was 10.2 years, and their carrying capacity was 626,257 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-indent: 36pt"><b><i>B.&#160;&#160;Business Overview</i></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">We are an integrated dry bulk shipping company, providing
marine transportation services on a worldwide basis. We own, operate and manage a fleet of dry bulk vessels that transport iron ore,
coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. We intend to grow our fleet through timely and
selective acquisitions of modern vessels in a manner that we believe will provide an attractive
return on equity and will be accretive to our earnings and cash flow based on anticipated market rates at the time of purchase. There
is no guarantee however, that we will be able to find suitable vessels to purchase or that such vessels will provide an attractive return
on equity or be accretive to our earnings and cash flow.&#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"></p>

<!-- Field: Page; Sequence: 45 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<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"></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 operations are managed by our Glyfada, Greece-based
wholly owned subsidiary, Globus Shipmanagement Corp., which we refer to as our Manager, which provides in-house commercial and technical
management for our vessels and provided consulting services for an affiliated ship-management company. Our Manager has entered into a
ship management agreement with each of our wholly owned vessel-owning subsidiaries to provide services that include managing day-to-day
vessel operations, such as supervising the crewing, supplying, maintaining of vessels and other services.</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">The following table presents information concerning the vessels we own:</p>

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

<table cellspacing="0" cellpadding="0" style="font: 10pt 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: 8%; padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><b>Vessel</b></span></td>
    <td style="padding-bottom: 1pt; width: 1%; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 15%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: center"><b>Year Built</b></p></td>
    <td style="padding-bottom: 1pt; width: 1%; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt"><b>Flag</b></span></td>
    <td style="padding-bottom: 1pt; width: 1%; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 15%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: center"><b>Direct Owner</b></p></td>
    <td style="padding-bottom: 1pt; width: 1%; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt"><b>Shipyard</b></span></td>
    <td style="padding-bottom: 1pt; width: 1%; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 0.8pt; text-align: center; width: 10%"><span style="font-size: 10pt"><b>Vessel&#160;Type</b></span></td>
    <td style="padding-bottom: 1pt; width: 1%; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: center; width: 15%">
    <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Delivery </b>Date</p></td>
    <td style="padding-bottom: 1pt; width: 1%; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: center; width: 10%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Carrying
    Capacity</b></p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>(dwt)</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>m/v River Globe</i></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2007</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Devocean Maritime Ltd.</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Yangzhou Dayang</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Supramax</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">December 2007</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">53,627</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>m/v Sky Globe</i></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2009</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Domina Maritime Ltd.</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Taizhou Kouan</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Supramax</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">May 2010</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">56,855</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>m/v Star Globe</i></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2010</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Dulac Maritime S.A.</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Taizhou Kouan</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Supramax</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">May 2010</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">56,867</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>m/v Moon Globe</i></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2005</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Artful Shipholding S.A.</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Hudong-Zhonghua</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Panamax</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">June 2011</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">74,432</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>&#160;m/v Sun Globe</i></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2007</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Malta</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Longevity Maritime Limited</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Tsuneishi Cebu</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Supramax</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;September 2011</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">58,790</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>m/v Galaxy Globe</i></span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2015</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Serena Maritime Limited</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Hudong-Zhonghua</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Kamsarmax</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">October 2020</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">81,167</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>&#160;m/v Diamond Globe</i></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2018</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Argo Maritime Limited</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Jiangsu New Yangzi Shipbuilding Co.</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Kamsarmax</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;June 2021</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">82,027</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>m/v Power Globe</i></span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2011</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Talisman Maritime Limited</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Universal Shipbuilding Corporation</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Kamsarmax</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;July 2021</span></td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">80,655</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; text-align: left"><span style="font-size: 10pt"><i>&#160;m/v Orion Globe</i></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">2015</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Salaminia Maritime Limited</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Tsuneishi Zosen</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;Kamsarmax</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">&#160;November 2021</span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">81,837</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 0.8pt; text-align: left">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: center">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2pt; text-align: left; padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt; text-align: right">Total:<span style="font-size: 10pt"></span></td>
    <td style="padding-bottom: 2pt; text-align: right; padding-right: 0.8pt">&#160;</td>
    <td style="text-align: center; padding-right: 0.8pt"></td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="border-bottom: Black 2pt double; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">626,257</span></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; text-align: justify">We own each of our vessels through separate, wholly
owned subsidiaries, eight of which are incorporated in the Marshall Islands, and one of which is incorporated in Malta. All of our Supramax
vessels are geared. Geared vessels can operate in ports with minimal shore-side infrastructure. Due to the ability to switch between various
dry bulk cargo types and to service a wider variety of ports, the day rates for geared vessels tend to have a premium.</p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Employment of our Vessels</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 long-term strategy to maximize the value of
our fleet is to employ our vessels on a mix of all types of charter contracts, including in the short-term or spot market and on bareboat
charters and time charters. We believe this strategy provides the cash flow stability, reduced exposure to market downturns and high
utilization rates of the charter market, while at the same time enabling us to benefit from periods of increasing short-term or spot
market rates. But our short-term strategy at any given point in time is dictated by a multitude of factors and the chartering opportunities
before us. We may, for example, seek to employ a greater portion of our fleet on the short-term or spot market or on time charters with
longer durations, should we believe it to be in our best interests. We generally prefer spot or short-term contracts in order to be versatile,
to be able to move quickly to capture a market upswing, and to be more selective with the cargos we carry. Long term charters, however,
provide desirable cash flow stability, albeit at the cost of missing upswings in cargo rates. Accordingly, our mix between short-term
or spot charters and longer-term charters changes from time-to-time. When our ships are not all on the short-term or spot market, we
generally seek to stagger the expiration dates of our charters to reduce exposure to volatility in the shipping cycle when our vessels
come off of charter. We also continually monitor developments in the dry bulk shipping industry and, subject to market demand, will adjust
the number of vessels on charters and the charter periods for our vessels according to market 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></b></p>

<!-- Field: Page; Sequence: 46 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We and our Manager have developed relationships with
a number of international charterers, vessel brokers, financial institutions, insurers and shipbuilders. We have also developed a network
of relationships with vessel brokers who help facilitate vessel charters and acquisitions.</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 the date of the filing of this annual report on
20-F, all of our vessels were employed on time charters.</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">Each of our vessels travels across the world and not
on any particular route. The charterers of our vessels, whether time, bareboat or on the spot market, select the locations to which our
vessels travel.</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>Time Charter</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">A time charter is a contract for the use of a vessel
for a fixed period of time at a specified daily rate. Under a time charter, the vessel owner provides crewing, insuring, repairing and
maintenance and other services related to the vessel&#8217;s operation, the cost of which is included in the daily rate, and the customer
is responsible for substantially all of the vessel voyage costs, including the cost of bunkers (fuel oil) and canal and port charges.
The owner also pays commissions typically ranging from 0% to 6.25% of the total daily charter hire rate of each charter to unaffiliated
ship brokers and to in-house brokers associated with the charterer, depending on the number of brokers involved with arranging the charter.</p>

<p style="font: 12pt 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: 36pt"><i>Basic Hire Rate and Term</i></p>

<p style="font: 12pt 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">&#8220;Basic hire rate&#8221; refers to the basic
payment from the customer for the use of the vessel. The hire rate is generally payable semi-monthly or 15 days, in advance, in U.S. dollars
as specified in the charter.</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: 36pt"><i>Off-hire</i></p>

<p style="font: 12pt 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">When the vessel is &#8220;off-hire,&#8221; the charterer
generally is not required to pay the basic hire rate, and we are responsible for all costs. Prolonged off-hire may lead to vessel substitution
or termination of the time charter. A vessel generally will be deemed off-hire if there is a loss of time due to, among other things,
operational deficiencies; drydocking for examination or painting the bottom; equipment breakdowns; damages to the hull; or similar problems.</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: 36pt"><i>Ship Management and Maintenance</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">We are responsible for the technical management of
the vessel and for maintaining the vessel, periodic drydocking, cleaning and painting and performing work required by regulations. Globus
Shipmanagement provides the technical, commercial and day-to-day operational management of our vessels. Technical management includes
crewing, maintenance, repair and drydockings. During the 2021 year, we paid Globus Shipmanagement $700 per vessel per day. All fees payable
to Globus Shipmanagement for vessels that we own are eliminated upon consolidation of our accounts.</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: 36pt"><i>Termination</i></p>

<p style="font: 12pt 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 are generally entitled to suspend performance under
the time charter if the customer defaults in its payment obligations. Either party may terminate the charter in the event of war in specified
countries.</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: 36pt"><i>Commissions</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">During the year ended December 31, 2021, we paid commissions
ranging from 5% to 6.25% relevant to each time charter agreement then in effect.</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>Bareboat Charter</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">A bareboat charter is a contract pursuant to which
the vessel owner provides the vessel to the charterer for a fixed period of time at a specified daily rate, and the charterer provides
for all of the vessel&#8217;s operating expenses. The charterer undertakes to maintain the vessel in a good state of repair and efficient
operating condition and drydock the vessel during this period as per the classification society requirements.</p>


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


<!-- Field: Page; Sequence: 47 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-indent: 36pt"></p>

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

<p style="font: 12pt 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: 36pt"><i>Redelivery</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">Upon the expiration of a bareboat charter, typically
the charterer must redeliver the vessel in as good structure, state, condition and class as that in which the vessel was delivered.</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: 36pt"><i>Ship Management and Maintenance</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">Under a bareboat charter, the charterer is responsible
for all of the vessel&#8217;s operating expenses, including crewing, insuring, maintaining and repairing the vessel, any drydocking costs,
and the stores, lube oils and communication expenses. Under a bareboat charter, the charterer is also responsible for the voyage costs,
and generally assumes all risk of operation. The charterer covers the costs associated with the vessel&#8217;s special surveys and related
drydocking falling within the charter period.</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: 36pt"><i>Commissions</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">Commissions on bareboat charters typically range from
0% to 3.75%.</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>Our Customers</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">We seek to charter our vessels to customers who we
perceive as creditworthy thereby minimizing the risk of default by our charterers. We also try to select charterers depending on the type
of product they want to carry and the geographical areas in which they tend to trade.</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 assessment of a charterer&#8217;s financial condition
and reliability is an important factor in negotiating employment for our vessels. We generally charter our vessels to operators, trading
houses (including commodities traders), shipping companies and producers and government-owned entities and generally avoid chartering
our vessels to companies we believe to be speculative or undercapitalized entities. Since our operations began in September 2006, our
customers have included Hyundai Glovis Co. Ltd., Dampskibsselskabet NORDEN A/S, ED &amp; F Man Shipping Limited, Transgrain and Far Eastern
Silo and Shipping (Panama) S.A. In addition, during the periods when some of our vessels were trading on the spot market, they have been
chartered to charterers such as Cargill International SA, Oldendorff GmbH &amp; Co KG, Western Bulk Pte. Ltd., Ausca Shipping HK Limited
and others, thus expanding our customer base.</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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Competition</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 business fluctuates in line with the main patterns
of trade of the major dry bulk cargoes and varies according to changes in the supply and demand for these items. We operate in markets
that are highly competitive and based primarily on supply and demand. We compete for charters on the basis of price, vessel location,
size, age and condition of the vessel, as well as on our reputation as an owner and operator. We compete with other owners of dry bulk
vessels in the Panamax, Supramax and Kamsarmax dry bulk vessels, but we also compete with owners for the purchase and sale of vessels
of all sizes. Those competitors may be better capitalized or have more liquidity than we do. In this period of significantly depressed
pricing and over capacity, better liquidity may be a major competitive advantage, and we believe that some of our competitors may be better
capitalized than we are.</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">Ownership of dry bulk vessels is highly fragmented.
It is likely that we will face substantial competition for long-term charter business from a number of experienced companies. Many of
these competitors will have larger dry bulk vessel fleets and greater financial resources than us, which may make them more competitive.
It is also likely that we will face increased numbers of competitors entering into our transportation sectors, including in the dry bulk
sector. Many of these competitors have strong reputations and extensive resources and experience. Increased competition may cause greater
price competition, especially for long-term charters. We believe that no single competitor has a dominant position in the markets in which
we compete.</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>

<!-- Field: Page; Sequence: 48 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">The process for obtaining longer term time
charters generally involves a lengthy and intensive screening and vetting process and the submission of competitive bids. In addition
to the quality and suitability of the vessel, longer term shipping contracts may be awarded based upon a variety of other factors relating
to the vessel operator, including:</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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">environmental, health and safety record;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">compliance with regulatory industry standards;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">reputation for customer service, technical and operating expertise;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">shipping experience and quality of vessel operations, including cost-effectiveness;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">quality, experience and technical capability of crews;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the ability to finance vessels at competitive rates and overall financial stability;</span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">environmental, social, and governance criteria;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">relationships with shipyards and the ability to obtain suitable berths;</span></td></tr>

<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 92%"><span style="font-size: 10pt"></span>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 3pt">construction management experience, including the ability to
procure on-time delivery of new vessels according to customer specifications;</p>
<span style="font-size: 10pt"></span></td></tr>

<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 92%"><span style="font-size: 10pt"></span>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 3pt">willingness to accept operational risks pursuant to the charter,
such as allowing termination of the charter for force majeure events; and</p>

<span style="font-size: 10pt"></span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">competitiveness of the bid in terms of overall price.</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">As a result of these factors, we may be unable to
expand our relationships with existing customers or obtain new customers for long-term time charters on a profitable basis, if at all.
However, even if we are successful in employing our vessels under longer term charters, our vessels will not be available for trading
on the short-term or spot market during an upturn in the market cycle, when short-term or spot trading may be more profitable. If we
cannot successfully employ our vessels in profitable charters, our results of operations and operating cash flow could be materially
adversely affected.</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>The Dry Bulk Shipping Industry</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">The world dry bulk fleet is generally divided into
six major categories, based on a vessel&#8217;s cargo carrying capacity. These categories consist of: Handysize, Handymax/Supramax, Panamax,
Kamsarmax, Capesize and Very Large Ore Carrier.</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: 18pt"><span style="font-family: Wingdings">&#216;</span>
&#160;&#160;&#160;&#160; <i>Handysize</i>. <i>&#160;</i>Handysize vessels have a carrying capacity of up to 39,999 dwt. These vessels
are primarily involved in carrying minor bulk cargoes. Increasingly, vessels of this type operate on regional trading routes, and may
serve as trans-shipment feeders for larger vessels. Handysize vessels are well suited for small ports with length and draft restrictions.
Their cargo gear enables them to service ports lacking the infrastructure for cargo loading and unloading.</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: 18pt"><span style="font-family: Wingdings">&#216;
</span>&#160;&#160;&#160;&#160; <i>Handymax/Supramax</i>. Handymax vessels have a carrying capacity of between 40,000 and 59,999 dwt.
These vessels operate on a large number of geographically dispersed global trade routes, carrying primarily iron ore, coal, grains and
minor bulks. Within the Handymax category there is also a sub-sector known as <i>Supramax</i>. Supramax bulk vessels are vessels between
50,000 to 59,999 dwt, normally offering cargo loading and unloading flexibility with on-board cranes, while at the same time possessing
the cargo carrying capability approaching conventional Panamax bulk vessels. Hence, the earnings potential of a Supramax dry bulk vessel,
when compared to a conventional Handymax vessel of 45,000 dwt, is greater.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">&#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; text-indent: 18pt"><span style="font-family: Wingdings">&#216;</span>
&#160;&#160;&#160;&#160; <i>Panamax</i>. Panamax vessels have a carrying capacity of between 60,000 and 79,999 dwt. These vessels carry
coal, grains, and, to a lesser extent, minor bulks, including steel products, forest products and fertilizers. The term &#8220;Panamax&#8221;
refers to vessels that were able to pass through the Panama Canal before the Panama Canal was expanded in June 2016 (to allow vessels
of up to 120,000 dwt, a size sometimes referred to as New Panamax). Panamax vessels are more versatile than larger vessels.</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: 18pt"><span style="font-family: Wingdings">&#216;</span>
&#160;&#160;&#160;&#160; <i>Kamsarmax</i>. Kamsarmax vessels typically have a carrying capacity of between 80,000 and 109,999 dwt. These
vessels tend to be shallower and have a larger beam than a standard Panamax vessel with a higher cubic capacity. They have been designed
specifically for loading high cubic cargoes from draught restricted ports. The term Kamsarmax stems from Port Kamsar in Guinea, where
large quantities of bauxite are exported from a port with only 13.5 meter draught and a 229 meter length overall restriction, but no beam
restriction.</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: 18pt"><span style="font-family: Wingdings">&#216;</span>
&#160;&#160;&#160;&#160; <i>Capesize</i>. Capesize vessels have carrying capacities of between 110,000 and 199,999 dwt. Only the largest
ports around the world possess the infrastructure to accommodate vessels of this size. Capesize vessels are mainly used to transport iron
ore or coal and, to a lesser extent, grains, primarily on long-haul routes.</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: 18pt"><span style="font-family: Wingdings">&#216;</span>
&#160;&#160;&#160;&#160; <i>VLOC</i>. Very large ore carriers are in excess of 200,000 dwt. VLOCs are built to exploit economies of scale
on long-haul iron ore routes.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"></p>

<!-- Field: Page; Sequence: 49 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"></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 supply of dry bulk shipping capacity, measured
by the amount of suitable vessel tonnage available to carry cargo, is determined by the size of the existing worldwide dry bulk fleet,
the number of new vessels on order, the scrapping of older vessels and the number of vessels out of active service (i.e., laid up or otherwise
not available for hire). In addition to prevailing and anticipated freight rates, factors that affect the rate of newbuilding, scrapping
and laying-up include newbuilding prices, secondhand vessel values in relation to scrap prices, costs of bunkers and other voyage expenses,
costs associated with classification society surveys, normal maintenance and insurance coverage, the efficiency and age profile of the
existing fleets in the market and government and industry regulation of marine transportation practices. The supply of dry bulk vessels
is not only a result of the number of vessels in service, but also the operating efficiency of the fleet. Dry bulk trade is influenced
by the underlying demand for the dry bulk commodities which, in turn, is influenced by the level of worldwide economic activity. Generally,
growth in gross domestic product and industrial production correlate with peaks in demand for marine dry bulk transportation services.</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">Dry bulk vessels are one of the most versatile elements
of the global shipping fleet in terms of employment alternatives. They seldom operate on round trip voyages with high ballasting times.
Rather, they often participate in triangular or multi-leg voyages.</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>Charter Rates</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">In the time charter market, rates vary depending on
the length of the charter period and vessel specific factors such as age, speed, size and fuel consumption. In the voyage charter market,
rates are influenced by cargo size, commodity, port dues and canal transit fees, as well as delivery and redelivery regions. In general,
a larger cargo size is quoted at a lower rate per ton than a smaller cargo size. Routes with costly ports or canals generally command
higher rates. Voyages loading from a port where vessels usually discharge cargo, or discharging from a port where vessels usually load
cargo, are generally quoted at lower rates. This is because such voyages generally increase vessel efficiency by reducing the unloaded
portion (or ballast leg) that is included in the calculation of the return charter to a loading area.</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">Within the dry bulk shipping industry, the freight
rate indices issued by the Baltic Exchange in London are the references most likely to be monitored. These references are based on actual
charter hire rates under charters entered into by market participants as well as daily assessments provided to the Baltic Exchange by
a panel of major shipbrokers. The Baltic Exchange, an independent organization comprised of shipbrokers, shipping companies and other
shipping players, provides daily independent shipping market information and has created freight rate indices reflecting the average freight
rates (that incorporate actual business concluded as well as daily assessments provided to the exchange by a panel of independent shipbrokers)
for the major bulk vessel trading routes. These indices include the Baltic Panamax Index, the index with the longest history and, more
recently, the Baltic Capesize Index.</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">Charter (or hire) rates paid for dry bulk vessels are generally a function
of the underlying balance between vessel supply and demand. Over the past 25 years, dry bulk cargo charter rates have passed through cyclical
phases and changes in vessel supply and demand have created a pattern of rate &#8220;peaks&#8221; and &#8220;troughs.&#8221; Generally,
spot/voyage charter rates will be more volatile than time charter rates, as they reflect short term movements in demand and market sentiment.
The BDI remained significantly depressed from 2008-2018. In 2019 the
BDI was volatile and ranged from 595 on February 11, 2019 to as high as 2,518 on September 3, 2019. In 2020, the BDI ranged from a low
of 393 on May 14, 2020 to a high of 2,097 on October 6, 2020. In 2021, the BDI rose to a high of 5,650 on October 7, 2021 and had a low
of 1,303 on February 10, 2021. During calendar year 2022 to date, the BDI has ranged from a high of 2,727 (on March 14, 2022) to a low
of 1,296 (on January 26, 2022).</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 Prices</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">New-building vessel prices generally fell as part
of the sudden and steep decline in freight rates after August 2008, and continued to gradually decline, but started to increase in 2021
(although not at the 2008 levels).</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">In broad terms, the secondhand market is affected
by both the newbuilding prices as well as the overall freight expectations and sentiment observed at any given time. As with newbuild
prices, secondhand vessel values have continued to gradually decline since August 2008 until 2021, when they started to increase.</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>


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

<!-- Field: Page; Sequence: 50 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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;&#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>Seasonality</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 fleet consists of dry bulk vessels that operate
in markets that have historically exhibited seasonal variations in demand and, as a result, in charter rates. The dry bulk sector is typically
stronger in the fall and winter months in anticipation of increased consumption of coal and other raw materials in the northern hemisphere
during the winter months. Such seasonality will affect the rates we obtain on the vessels in our fleet that operate on the short-term or spot market.</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>Permits and Authorizations</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 are required by various governmental and quasi-governmental
agencies to obtain certain permits, licenses and certificates with respect to our vessels. The kinds of permits, licenses and certificates
required depend upon several factors, including the commodity transported, the waters in which the vessel operates, the nationality of
the vessel&#8217;s crew and the age of a vessel. We have been able to obtain all permits, licenses and certificates currently required
to permit our vessels to operate. Additional laws and regulations, environmental or otherwise, may be adopted which could limit our ability
to do business or increase our cost of doing business.</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; background-color: white"><b>Disclosure of Activities pursuant to Section&#160;13(r)
of the U.S. Securities Exchange Act of 1934</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Section&#160;219 of the Iran
Threat Reduction and Syria Human Rights Act of 2012 added Section&#160;13(r) to the Exchange Act. Section&#160;13(r) requires an issuer
to disclose whether it or any of its affiliates knowingly engaged in certain activities, transactions or dealings relating to Iran. Disclosure
is required even where the activities, transactions or dealings are conducted in compliance with applicable law. Provided in this section
is information concerning the activities of us and our affiliates that occurred in 2021 and which we believe may be required to be disclosed
pursuant to Section&#160;13(r) of the Exchange Act.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 9pt 0 0; text-align: justify; background-color: white">In 2021, our vessels
did not call on any port call in Iran.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Our charter party agreements
for our vessels restrict the charterers from calling in Iran in violation of U.S. sanctions, or carrying any cargo to Iran which is subject
to U.S. sanctions. However, there can be no assurance that our vessels will not, from time to time in the future on charterer's instructions,
perform voyages which would require disclosure pursuant to Exchange Act Section 13(r).</p>

<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">January 16, 2016 was &#8220;implementation day&#8221;
under the Joint Comprehensive Plan of Action (&#8220;JCPOA&#8221;) among the P5+1 (China, France, Germany, Russia, the United Kingdom,
and the United States), the E.U., and Iran to ensure that Iran&#8217;s nuclear program will be exclusively peaceful, and the United States
and the E.U. lifted nuclear-related sanctions on Iran. However, in 2018, President Trump withdrew the United States from the JCPOA, resulting
in the complete reimposition of U.S. sanctions. As of now, the EU and other parties to the JCPOA have not withdrawn, and the EU and United
Nations sanctions that were lifted have not been reimposed. We intend to continue to charter our vessels to charterers and sub-charterers,
including, as the case may be, Iran-related parties, who may make, or may sub-let the vessels to sub-charterers who may make, port calls
to </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Iran, so long as the activities continue to be permissible and not sanctionable under applicable U.S. and E.U. and other applicable
laws (including U.S. &#8220;secondary sanctions&#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"><b>Inspection by Classification Societies</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">Every oceangoing vessel must be
&#8220;classed&#8221; by a classification society. The classification society certifies that the vessel is &#8220;in class,&#8221;
signifying that the vessel has been built and maintained in accordance with the rules of the classification society and complies
with applicable rules and regulations of the vessel&#8217;s country of registry and the international conventions of which that
country is a member. In addition, where surveys are required by international conventions and corresponding laws and ordinances of a
flag state, the classification society will undertake them on application or by official order, acting on behalf of the authorities
concerned.</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 classification society also undertakes on request
other surveys and checks that are required by regulations and requirements of the flag state. These surveys are subject to agreements
made in each individual case and/or to the regulations of the country concerned. For maintenance of the class certification, regular and
extraordinary surveys of hull, machinery, including the electrical plant, and any special equipment classed are required to be performed
as follows:</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>

<!-- Field: Page; Sequence: 51 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Annual Surveys</i>. For seagoing vessels, annual surveys are conducted for the hull and the machinery, including the electrical plant and where applicable for special equipment classed, at intervals of 12 months from the date of commencement of the class period indicated in the certificate.</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Intermediate Surveys</i>. Extended annual surveys are referred to as intermediate surveys and typically are conducted two and one-half years after commissioning and each class renewal. Intermediate surveys may be carried out on the occasion of the second or third annual survey.</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Class Renewal Surveys</i>. Class renewal surveys, also known as special surveys, are carried out for the vessel&#8217;s hull, machinery, including the electrical plant, and for any special equipment classed, at the intervals indicated by the character of classification for the hull. At the special survey the vessel is thoroughly examined, including audio-gauging to determine the thickness of the steel structures. Should the thickness be found to be less than class requirements, the classification society would prescribe steel renewals. The classification society may grant a one-year grace period for completion of the special survey. Substantial amounts of money may have to be spent for steel renewals to pass a special survey if the vessel experiences excessive wear and tear. In lieu of the special survey every four or five years, depending on whether a grace period was granted, a shipowner has the option of arranging with the classification society for the vessel&#8217;s hull or machinery to be on a continuous survey cycle, in which every part of the vessel would be surveyed within a five-year cycle. At an owner&#8217;s application, the surveys required for class renewal may be split according to an agreed schedule to extend over the entire period of class. This process is referred to as continuous class renewal.</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">All areas subject to survey as defined by the classification
society are required to be surveyed at least once per class period, unless shorter intervals between surveys are prescribed elsewhere.
The period between two subsequent surveys of each area must not exceed five years.</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">Most insurance underwriters make it a condition for
insurance coverage that a vessel be certified as &#8220;in class&#8221; by a classification society that is a member of the International
Association of Classification Societies. All the vessels that we own and operate are certified as being &#8220;in class&#8221; by Nippon
Kaiji Kyokai (Class NK), DNV GL, Lloyds or Bureau Veritas. Typically, all new and secondhand vessels that we purchase must be certified
&#8220;in class&#8221; prior to their delivery under our standard purchase contracts and memoranda of agreement. Under our standard purchase
contracts, unless negotiated otherwise, if the vessel is not certified on the date of closing, we would have no obligation to take delivery
of the vessel. Although we may not have an obligation to accept any vessel that is not certified on the date of closing, we may determine
nonetheless to purchase the vessel, should we determine it to be in our best interests. If we do so, we may be unable to charter such
vessel after we purchase it until it obtains such certification, which could increase our costs and affect the earnings we anticipate
from the employment of the vessel.</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">Vessels are drydocked during intermediate and special
surveys for repairs of their underwater parts. If &#8220;in water survey&#8221; notation is assigned, the vessel owner has the option
of carrying out an underwater inspection of the vessel in lieu of drydocking, subject to certain conditions. In the event that an &#8220;in
water survey&#8221; notation is assigned and other requirements as stipulated by class rules permit, dry docking required as part of an
Intermediate Survey may be carried out &#8220;in lieu&#8221; thereby achieving a higher utilization for the relevant vessel. As per rules
each vessel must dry dock twice within a 5 year cycle. One drydock must coincide with the special survey while the time distance between
two dry docks must not exceed 36 months. </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We budget 20 days per drydocking per vessel. Actual
length will vary based on the condition of each vessel, shipyard schedules and other factors.</p>

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

<!-- Field: Page; Sequence: 52 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 following table lists the dates by which we expect
to carry out the next drydockings and special surveys for the vessels in our fleet:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</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="border: Black 0.5pt solid; width: 49%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Vessel Name</b></span></td>
    <td style="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>Drydocking</b></span></td>
    <td style="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>Special Survey</b></span></td>
    <td style="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>Classification Society</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v River Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">December 2022 </span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">December 2022</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Class NK</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Sky Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">January 2023</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">November 2024</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Class NK</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Star Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">August 2023</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">May 2025</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">DNV GL</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Moon Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">December 2023</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">November 2025</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Class NK</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Sun Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">August 2022</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">August 2022</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Bureau Veritas</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Galaxy Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">October 2023</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">October 2025</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Class NK</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Power Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">October 2024</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">June 2026</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Class NK</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Orion Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">April 2023</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">March 2025</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Class NK</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 0.8pt; padding-left: 5.4pt"><span style="font-size: 10pt"><i>m/v Diamond Globe</i></span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">May 2023</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">May 2023</span></td>
    <td style="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Lloyds</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Following an incident or a scheduled survey, if any
defects are found, the classification surveyor will issue a &#8220;recommendation&#8221; or &#8220;condition of class&#8221; which must
be rectified by the vessel owner within the prescribed time limits.</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>Risk Management and Insurance</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; text-indent: 36pt"><i>General</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">The operation of any cargo vessel embraces a wide
variety of risks, including the following:</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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">mechanical failure or damage, for example by reason of the seizure of a main engine crankshaft;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">cargo loss, for example arising from hull damage;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">personal injury, for example arising from collision or piracy;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">losses due to piracy, terrorist or war-like action between countries;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: -25.5pt; text-align: justify"><span style="font-size: 10pt">environmental damage, for example arising from marine disasters such as oil spills and other environmental mishaps; </span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">physical damage to the vessel, for example by reason of collision;</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">damage to other property, for example by reason of cargo damage or oil pollution; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">business interruption, for example arising from strikes and political or regulatory change.</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">The value of such losses or damages may vary from
modest sums, for example for a small cargo shortage damage claim, to catastrophic liabilities, for example arising out of a marine disaster,
such as a serious oil or chemical spill, which may be virtually unlimited. While we maintain the traditional range of marine and liability
insurance coverage for our fleet (hull and machinery insurance, war risks insurance and protection and indemnity coverage) in amounts
and to extents that we believe are prudent to cover normal risks in our operations, we cannot insure against all risks, and we cannot
be assured that all covered risks are adequately insured against. Furthermore, there can be no guarantee that any specific claim will
be paid by the insurer or that it will always be possible to obtain insurance coverage at reasonable rates. Any uninsured or under-insured
loss could harm our business and financial condition.</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: 36pt"><i>Hull and Machinery and War Risks</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">The principal coverages for marine risks (covering
loss or damage to the vessels, rather than liabilities to third parties) are hull and machinery insurance and war risk insurance. These
address the risks of the actual or constructive total loss of a vessel and accidental damage to a vessel&#8217;s hull and machinery, for
example from running aground or colliding with another ship. These insurances provide coverage which is limited to an agreed &#8220;insured
value&#8221; which, as a matter of policy, is never less than the particular vessel&#8217;s fair market value. Reimbursement of loss under
such coverage is subject to policy deductibles that vary according to the vessel and the nature of the coverage. Hull and machinery deductibles
may, for example, be between $75,000 and $150,000 per incident whereas the war risks insurance has a more modest incident deductible of,
for example, $30,000.</p>

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

<!-- Field: Page; Sequence: 53 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-indent: 36pt"><i>Protection and Indemnity Insurance</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">Protection and indemnity insurance is a form of mutual
indemnity insurance provided by mutual marine protection and indemnity associations, or &#8220;P&amp;I Clubs,&#8221; formed by vessel
owners to provide protection from large financial loss to one club member by contribution towards that loss by all members.</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">Each of the vessels that we operate is entered in
the Gard P&amp;I (Bermuda) Ltd. which we refer to as the Club, for third party liability marine insurance coverage.&#160;The
Club is a mutual insurance vehicle.&#160;As a member of the Club, we are insured, subject to agreed deductibles and our terms of entry,
for our legal liabilities and expenses arising out of our interest in an entered ship, out of events occurring during the period of entry
of the ship in the Club and in connection with the operation of the ship, against specified risks.&#160;These risks include liabilities
arising from death of crew and passengers, loss or damage to cargo, collisions, property damage, oil pollution and wreck removal.</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 Club benefits from its membership in the International
Group of P&amp;I Clubs, or the International Group, for its main reinsurance program, and maintains a separate complementary insurance
program for additional risks.</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 Club&#8217;s policy year commences each February.&#160;The
mutual calls are levied by way of Estimated Total Premiums, or ETP, and the amount of the final installment of the ETP varies in accordance
with the actual total premium ultimately required by the Club for a particular policy year.&#160;Members have a liability to pay supplementary
calls which may be levied by the Club if the ETP is insufficient to cover the Club&#8217;s outgoings in a policy year.</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">Cover per claim is generally limited to an unspecified
sum, being the amount available from reinsurance plus the maximum amount collectable from members of the International Group by way of
overspill calls.&#160;Certain exceptions apply, including a $1.0 billion limit on claims in respect of oil pollution, a $3.0 billion limit
on cover for passenger and crew claims and a sub-limit of $2.0 billion for passenger claims.</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">To the extent that we experience either a supplementary
or an overspill call, our policy is to expense such amounts. To the extent that the Club depends on funds paid in calls from other members
in our industry, if there were an industry-wide slow-down, other members might not be able to meet the call and we might not receive a
payout in the event we made a claim on a policy.</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: 36pt"><i>Uninsured Risks</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">Not all risks are insured and not all risks are insurable.
The principal insurable risks which nevertheless remain uninsured across our fleet are &#8220;loss of hire&#8221; and &#8220;strikes.&#8221;
We generally do not insure these risks because we regard the costs as disproportionate. These insurances provide, subject to a deductible,
a limited indemnity for hire that is not receivable by the shipowner for reasons set forth in the policy. For example, loss of hire risk
may be covered on a 14/90/90 basis, with a 14 days deductible, 90 days cover per incident and a 90-day overall limit per vessel per year.
Should a vessel on time charter, where the vessel is paid a fixed hire day by day, suffer a serious mechanical breakdown, the daily hire
will no longer be payable by the charterer. The purpose of the loss of hire insurance is to secure the loss of hire during such periods.</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>Environmental and Other Regulations</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; text-indent: 36pt"><i>Sources of Applicable Rules
and Standards</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">Shipping is one of the world&#8217;s most heavily
regulated industries, and it is subject to many industry standards. Government regulation significantly affects the ownership and operation
of vessels. These regulations consist mainly of rules and standards established by international conventions, but they also include national,
state and local laws and regulations in force in jurisdictions where vessels may operate or are registered, and which may be more stringent
than international rules and standards. This is the case particularly in the United States and, increasingly, in Europe.</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">A variety of governmental and private entities subject
vessels to both scheduled and unscheduled inspections. These entities include local port authorities (the U.S. Coast Guard, harbor masters
or equivalent entities), classification societies, flag state administration (country vessel of registry), and charterers, particularly
terminal operators. Certain of these entities require vessel owners to obtain permits, licenses and certificates for the operation of
their vessels. Failure to maintain necessary permits or
approvals could require a vessel owner to incur substantial costs or temporarily suspend operation of one or more of its
vessels.</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>

<!-- Field: Page; Sequence: 54 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Heightened levels of environmental and quality concerns
among insurance underwriters, regulators and charterers continue to lead to greater inspection and safety requirements on all vessels
and may accelerate the scrapping of older vessels throughout the industry. Increasing environmental concerns have created a demand for
vessels that conform to stricter environmental standards. Vessel owners are required to maintain operating standards for all vessels that
will emphasize operational safety, quality maintenance, continuous training of officers and crews and compliance with U.S. and international
regulations. Because laws and regulations are frequently changed and may impose increasingly stricter requirements, we cannot predict
the ultimate cost of complying with these requirements, or the impact of these requirements on the resale value or useful lives of our
vessels. In addition, a future serious marine incident that causes significant adverse environmental impact could result in additional
legislation or regulation that could negatively affect our profitability.</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 following is a non-exhaustive overview of certain
material conventions, laws and regulations that affect our business and the operation of our vessels. It is not a comprehensive summary
of all the conventions, laws and regulations to which we are subject.</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 IMO is a United Nations agency setting standards
and creating a regulatory framework for the shipping industry and has negotiated and adopted a number of international conventions. These
fall into two main categories, consisting firstly of those concerned generally with vessel safety and security standards, and secondly
of those specifically concerned with measures to prevent pollution from vessels.</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: 36pt"><i>Ship Safety Regulation</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">A primary international safety convention is the Safety
of Life at Sea Convention of 1974, as amended, or SOLAS, including the regulations and codes of practice that form part of its regime.
Much of SOLAS is not directly concerned with preventing pollution, but some of its safety provisions are intended to prevent pollution
as well as promote safety of life and preservation of property. These regulations have been and continue to be regularly amended as new
and higher safety standards are introduced with which we are required to comply.</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">An amendment of SOLAS introduced in 1993 the International
Management Code for the Safe Operation of Ships and for Pollution Prevention, or ISM Code, which has been mandatory since July 1998. The
purpose of the ISM Code is to provide an international standard for the safe management and operation of vessels and for pollution prevention.
Under the ISM Code, the party with operational control of a vessel is required to develop, implement and maintain an extensive safety
management system that includes, among other things, the adoption of a safety and environmental protection policy setting forth instructions
and procedures for operating its vessels safely and protecting the environment and describing procedures for responding to emergencies.
The ISM Code requires that vessel operators obtain a Safety Management Certificate for each vessel they operate. This certificate issued
after verification that the vessel&#8217;s operator and its shipboard management operate in accordance with the approved safety management
system and evidences that the vessel complies with the requirements of the ISM Code. No vessel can obtain a Safety Management Certificate
unless its operator has been awarded a document of compliance, issued by the respective flag state for the vessel, under the ISM Code.</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">Another amendment of SOLAS, made after the terrorist
attacks in the United States on September 11, 2001, introduced special measures to enhance maritime security, including the International
Ship and Port Facility Security Code, or ISPS Code, which sets out measures for the enhancement of security of vessels and port facilities.</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 vessels that we operate maintain ISM and ISPS
certifications for safety and security of operations.</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 0 0 36pt; text-align: justify"><i>Regulations to Prevent Pollution from
Ships </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">In the second main category of international regulation
which deals with prevention of pollution, the primary convention is the International Convention for the Prevention of Pollution from
Ships 1973 as amended by the 1978 Protocol, or MARPOL, which imposes environmental standards on the shipping industry set out in its Annexes
I-VI. These contain regulations for the prevention of pollution by oil (Annex I), by noxious liquid substances in bulk (Annex II), by
harmful substances in </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">packaged forms within the scope of the International Maritime Dangerous Goods Code (Annex III), by sewage (Annex
IV), by garbage (Annex V) and by air emissions (Annex VI).</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">These regulations have been and continue to be regularly
amended and supplemented as new and higher standards of pollution prevention are introduced with which we are required to comply.</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>

<!-- Field: Page; Sequence: 55 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 example, MARPOL Annex VI sets limits on Sulphur
Oxides (SOx) and Nitrogen Oxides (NOx) and particulate matter emissions from vessel exhausts and prohibits deliberate emissions of ozone
depleting substances. It also regulates the emission of volatile organic compounds (VOC) from cargo tankers and certain gas carriers,
as well as shipboard incineration of specific substances. Annex VI also includes a global cap on the sulphur content of fuel oil with
a lower cap on the sulphur content applicable inside special areas, the &#8220;Emission Control Areas&#8221; or ECAs. Already established
ECAs include the Baltic Sea, the North Sea, including the English Channel, the North American area and the US Caribbean Sea area. The
global cap on the sulphur content of fuel oil was reduced to 0.5% as of January 1, 2020, regardless of whether a ship is operating outside
a designated ECA. From January 1, 2015 the cap on the sulphur content of fuel oil for vessels operating in ECAs has been 0.1%. Additional
amendments to Annex VI revising, among other terms, the definition of &#8220;Sulphur content of fuel oil&#8221; and &#8220;low-flashpoint
fuel&#8221;, and pertaining to the sampling and testing of onboard fuel oil, will become effective in 2022.</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">Annex VI also provides for progressive reductions
in NOx emissions from marine diesel engines installed in vessels. Limiting NOx emissions is set on a three tier reduction, the final tier
(&#8220;Tier III&#8221;) applying to engines installed on vessels constructed on or after January 1, 2016 and which operate in the North
American ECA or the US Caribbean Sea ECA. The Tier III requirements would also apply to engines of vessels operating in other ECAs as
may be designated in the future by the IMO&#8217;s Marine Environment Protection Committee (or MEPC) for Tier III NOx control. In October
2016, the MEPC approved the designation of the North Sea and the Baltic Sea as ECAs for NOx emissions. These two new NOx ECAs and the
related amendments to Annex VI were adopted by IMO&#8217;s MEPC in 2017 and the two new ECAs and the related amendments (with some exceptions)
entered into effect on January 1, 2019. The Tier III requirements do not apply to engines installed on vessels constructed prior to January
1, 2021, if they are of less than 500 gross tons, of 24 meters or over in length, and have been designed and used solely for recreational
purposes. We anticipate incurring costs at each stage of implementation on all these areas. Currently we are compliant in all our vessels.
Additionally, amendments to Annex II, which strengthen discharge requirements for cargo residues and tank washings in specified sea areas
(including North West European waters, Baltic Sea area, Western European waters and Norwegian Sea), came into effect in January 2021,</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: 36pt"><i>Greenhouse Gas Emissions</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">In February 2005, the Kyoto Protocol to the United
Nations Framework Convention on Climate Change entered into force. Pursuant to the Kyoto Protocol, adopting countries are required to
implement national programs to reduce emissions of certain gases, generally referred to as greenhouse gases, which are suspected of contributing
to global warming. Currently, the greenhouse gas emissions from international shipping do not come under the Kyoto Protocol (this task
having been delegated to the IMO). In December 2009, more than 27 nations, including the United States, entered into the Copenhagen Accord.
The Copenhagen Accord is non-binding, but is intended to pave the way for a comprehensive, international treaty on climate change. On
December 12, 2015 the Paris Agreement was adopted by 195 countries. The Paris Agreement deals with greenhouse gas emission reduction measures
and targets from 2020 in order to limit the global temperature increases above pre-industrial levels to well below 2&#730; Celsius. Although
shipping was ultimately not included in the Paris Agreement, it is expected that the adoption of the Paris Agreement may lead to regulatory
changes in relation to curbing greenhouse gas emissions from shipping. The Paris Agreement has been ratified by a large number of countries
and entered into force on November 4, 2016. The United States rejoined the Paris Agreement in February 2021.</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">In July 2011 the IMO adopted regulations imposing
technical and operational measures for the reduction of greenhouse gas emissions. These new regulations formed a new chapter in Annex
VI of MARPOL and became effective on January 1, 2013. The new technical and operational measures include the &#8220;Energy Efficiency
Design Index,&#8221; which is mandatory for newbuilding vessels, and the &#8220;Ship Energy Efficiency Management Plan,&#8221; which is
mandatory for all vessels. In October 2016 the MEPC adopted updated guidelines for the calculation of the Energy-Efficiency Design Index.
In addition, the IMO is evaluating various mandatory measures to reduce greenhouse gas emissions from international shipping, which may
include market-based instruments or a carbon tax. In October 2016, the IMO adopted a mandatory data collection system under which vessels
of 5,000 gross tonnage and above are to collect fuel consumption data and to report the aggregated data to their flag state at the end
of each calendar year. The new requirements entered into force on March 1, 2018. In April 2018, the MEPC adopted an initial strategy on
the reduction of greenhouse gas emissions from ships, which envisages a reduction in total greenhouse gas emissions from international
shipping by at least 50% by 2050 compared to 2008. IMO&#8217;s MEPC 76 adopted amendments to Annex VI that will require ships to reduce
their greenhouse gas emissions; the Revised MARPOL Annex VI will enter into force on November 1, 2022, and includes requirements for ships
to calculate their Energy Efficiency Existing </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Ship Index following technical means to improve their energy efficiency and to establish
their annual operational carbon intensity indicator and rating. MEPC 76 also adopted guidelines to support implementation of the amendments.</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"></p>

<!-- Field: Page; Sequence: 56 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 EU adopted Regulation (EU) 2015/757 on the monitoring,
reporting and verification of carbon dioxide emissions from vessels (or the MRV Regulation), which was published in the Official Journal
on May 19, 2015 and entered into force on July 1, 2015 (as amended by Regulation (EU) 2016/2071).
The MRV Regulation applies to all vessels over 5,000 gross tonnage (except for a few types, such as, amongst others, warships and fish
catching or fish processing vessels), irrespective of flag, in respect of carbon dioxide emissions released during intra-EU voyages and
EU incoming and outgoing voyages. The first reporting period commenced on January 1, 2018. The monitoring, reporting and verification
system adopted by the MRV Regulation was the precursor to a market-based mechanism to be adopted in the future (see below).</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 0 10pt; text-align: justify">Furthermore, the 70th MEPC meeting in October
2016 adopted a mandatory data collection system (DCS) which requires ships above 5 000 gross tonnes to report consumption data for fuel
oil, hours under way and distance travelled. Unlike the EU MRV (see below), the IMO DCS covers any maritime activity carried out by ships,
including dredging, pipeline laying, ice-breaking, fish-catching and off-shore installations. The system, adopted by resolution MEPC.278(70),
entered into force on 1 March 2018. Reporting commenced with the year 2019. The Ship Energy Efficiency Management Plans of all ships covered
by the IMO DCS must include a description of the methodology for data collection and reporting. After each calendar year, the aggregated
data are reported to the flag state. If the data have been reported in accordance with the requirements, the flag state issues a statement
of compliance to the ship. Flag states subsequently transfer this data to an IMO ship fuel oil consumption database, which is part of
the Global Integrated Shipping Information System (GISIS) platform. IMO will then produce annual reports, summarising the data collected.
Thus, currently, data related to the GHG emissions of ships above 5 000 gross tonnes calling at ports in the European Economic Area (EEA)
must be reported in two separate, but largely overlapping, systems: the EU MRV &#8211; which applies since 2018 &#8211; and the IMO DCS
&#8211; which applies since 2019. The proposed revision of Regulation (EU) 2015/757 adopted on 4 February 2019 aims to align and facilitate
the simultaneous implementation of the two systems however it is still not clear when the proposal will be adopted.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In the United States, the U.S. Environmental Protection
Agency, or EPA, issued an &#8220;endangerment finding&#8221; regarding greenhouse gases under the Clean Air Act. While this finding in
itself does not impose any requirements on our industry, it authorizes the EPA to regulate directly greenhouse gas emissions through a
rule-making process. Any passage of new climate control legislation or other regulatory initiatives by the IMO, EU, the United States
or other countries or states where we operate that restrict emissions of greenhouse gases could have a significant financial and operational
impact on our business through increased compliance costs or additional operational restrictions that we cannot predict with certainty
at this time.</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 0 0 36pt; text-align: justify"><i>Anti-Fouling Requirements</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In 2001, the IMO adopted the International Convention
on the Control of Harmful Anti-fouling Systems on Ships, or the Anti-fouling Convention. The Anti-fouling Convention, which entered into
force in September 2008, prohibits and/or restricts the use of organotin compound coatings to prevent the attachment of mollusks and other
sea life to the hulls of vessels. Vessels of over 400 gross tons engaged in international voyages must obtain an International Anti-Fouling
System Certificate and undergo a survey before the vessel is put into service or before the Anti-fouling System Certificate is issued
for the first time and when the anti-fouling systems are altered or replaced. In 2023, amendments to the Anti-fouling Convention will
come into effect and will include controls on the biocide cybutryne; ships shall not apply or re-apply anti-fouling systems containing
this substance from January 1, 2023.</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: 36pt"><i>Other International Regulations
to Prevent Pollution</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">In addition to MARPOL, other more specialized international
instruments have been adopted to prevent different types of pollution or environmental harm from vessels.</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">In February 2004, the IMO adopted an International
Convention for the Control and Management of Ships&#8217; Ballast Water and Sediments, or the BWM Convention. The BWM Convention, which
entered into force on September 8, 2017, aims to prevent the spread of harmful aquatic organisms from one region to another, by establishing
standards and procedures for the management and control of vessels&#8217; ballast water and sediments. The BWM Convention&#8217;s implementing
regulations require vessels to conduct ballast water management in accordance with the standards set out in the convention, which include
performance of ballast water exchange in accordance with the requirements set out in the relevant regulation and the gradual phasing in
of a ballast water performance standard which requires ballast water treatment and the installation of ballast water treatment systems
on board the vessels. Under the BWM Convention, vessels are required to implement a Ballast Water and Sediments Management Plan, carry
a Ballast Water Record Book and an International Ballast Water Management Certificate. Pursuant to the BWM Convention amendments that
entered into force in October 2019, ballast water management systems (&#8220;BWMSs&#8221;) installed on or after October 28, 2020 shall
be approved in accordance with BWMS Code, while BWMSs installed before October 23, 2020 must be approved taking into account guidelines
developed by the IMO or the BWMS Code. Ships sailing in U.S. waters are required to employ a type-approved BWMS which is compliant with
USCG regulations. The U.S. Coast Guard has approved a number of BWMS. Amendments to the BWM Convention concerning commissioning testing
of BWMS will become effective in 2022.</p>

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

<!-- Field: Page; Sequence: 57 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 Hong Kong International Convention for the Safe
and Environmentally Sound Recycling of Ships adopted by the IMO in 2009, or the Recycling Convention, deals with issues relating to ship
recycling and aims to address the occupational health and safety, as well as environmental risks relating to ship recycling. It contains
regulations regarding the design, construction, operation, maintenance and recycling of vessels, as well as regarding their survey and
certification to verify compliance with the requirements of the Recycling Convention. The Recycling Convention, amongst other things,
prohibits and/or restricts the installation or use of hazardous materials on vessels and requires vessels to have on board an inventory
of hazardous materials specific to each vessel. It also requires ship recycling facilities to develop a ship-recycling plan for each vessel
prior to its recycling. Parties to the Recycling Convention are to ensure that ship-recycling facilities are designed, constructed and
operated in a safe and environmentally sound manner and that they are authorized by competent authorities after verification of compliance
with the requirements of the Recycling Convention. The Recycling Convention (which is not effective yet) is to enter into force 24 months
after a specified minimum number of states with a combined gross tonnage and maximum annual recycling volume during the preceding 10 years
have ratified it.</p>

<p style="font: 12pt 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">A MARPOL regulation and the International Convention
on Oil Pollution Preparedness, Response and Co-operation, 1990 also require owners and operators of vessels to adopt Shipboard Oil Pollution
Emergency Plans. Another MARPOL regulation sets out similar requirements for the adoption of shipboard marine pollution emergency plans
for noxious liquid substances with respect to vessels carrying such substances in bulk. Periodic training and drills for response personnel
and for vessels and their crews are required.</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 0 0 36pt; text-align: justify"><i>European Union Regulations</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">European regulations in the maritime sector are in
general based on international law most of which were promulgated by the IMO and then adopted by the Member States. However, since the
<i>Erika</i> incident in 1999, when the <i>Erika</i> broke in two off the coast of France while carrying heavy fuel oil, the European
Union (or EU) has become increasingly active in the field of regulation of maritime safety and protection of the environment. It has been
the driving force behind a number of amendments of MARPOL (including, for example, changes to accelerate the timetable for the phase-out
of single hull tankers, and prohibiting the carriage in such tankers of heavy grades of oil), and if dissatisfied either with the extent
of such amendments or with the timetable for their introduction it has been prepared to legislate on a unilateral basis. In some instances
where it has done so, international regulations have subsequently been amended to the same level of stringency as that introduced in the
EU, but the risk is well established that EU regulations (and other jurisdictions) may from time to time impose burdens and costs on shipowners
and operators which are additional to those involved in complying with international rules and standards.</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">In some areas of regulation the EU has introduced
new laws without attempting to procure a corresponding amendment of international law. Notably, it adopted in 2005 a directive on ship-source
pollution (which was amended in 2009), imposing criminal sanctions for discharges of oil and other noxious substances from vessels sailing
in its waters, irrespective of their flag not only where such pollution is caused by intent or recklessness (which would be an offense
under MARPOL), but also where it is caused by &#8220;serious negligence.&#8221; The directive could therefore result in criminal liability
being incurred in circumstances where it would not be incurred under international law. Experience has shown that in the emotive atmosphere
often associated with pollution incidents, retributive attitudes towards vessel interests have found expression in negligence being alleged
by prosecutors and found by courts on grounds which the international maritime community has found hard to understand. Moreover, there
is skepticism that the notion of &#8220;serious negligence&#8221; is likely to prove any narrower in practice than ordinary negligence.
Criminal liability for a pollution incident could not only result in us incurring substantial penalties or fines but may also, in some
jurisdictions, facilitate civil liability claims for greater compensation than would otherwise have been payable.</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 EU has also adopted legislation (Directive 2009/16/EC
on Port State Control, as subsequently amended) which requires the Member States to refuse access to their ports to certain sub-standard
vessels according to various factors, such as the vessel&#8217;s condition, flag and number of previous detentions within certain preceding
periods; creates obligations on the part of EU member port states to inspect minimum percentages of vessels using their ports annually;
and provides for increased surveillance of vessels posing a high risk to maritime safety or the marine environment. If deficiencies are
found that are clearly hazardous to safety, health or the environment, the state is required to detain the vessel or stop loading or unloading
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">until the deficiencies are addressed. Member states are also required to implement their own separate systems of proportionate penalties
for breaches of these standards.</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">Commission Regulation (EU) No 802/2010, which was
adopted by the European Commission in September 2010, as part of the implementation of the Port State Control Directive and came into
force on January&#160;1, 2011, as subsequently amended by Regulation 1205/2012 of December 14, 2012, introduced a ranking system (published
on a public website and updated daily) displaying shipping companies operating in the EU
with the worst safety records.</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>

<!-- Field: Page; Sequence: 58 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 ranking is judged upon the results of the technical inspections carried out on the vessels owned by
a particular shipping company. Those shipping companies that have the most positive safety records are rewarded by being subjected to
fewer inspections, whilst those with the most safety shortcomings or technical failings recorded upon inspection are to be subjected
to a greater frequency of official inspections of their vessels.</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">By Directive 2009/15/EC of April 23, 2009 (on common
rules and standards for ship inspection and survey organizations and for the relevant activities of maritime administrations) as amended
by Directive 2014/111/EU of December 17, 2014, the European Union has established measures to be followed by the Member States for the
exercise of authority and control over classification societies, including the ability to seek to suspend or revoke the authority of classification
societies that are negligent in their duties.</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 EU has also adopted legislation requiring the
use of low sulphur fuel. Under Council Directive 1999/32/EC as subsequently amended, from January 1, 2015, vessels have been required
to burn fuel with a sulphur content not exceeding 0.1% while within EU member states&#8217; territorial seas, exclusive economic zones
and pollution control zones falling within sulphur oxide (SOx) Emission Control Areas (or SECAs), such as the Baltic Sea and the North
Sea, including the English Channel. Further sea areas may be designated as SECAs in the future by the IMO in accordance with MARPOL Annex
VI. Directive 1999/32/EC was repealed and codified by 2016/802/EU to align with the revised Annex VI.</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">Regulation (EU) 2015/757 of the European Parliament
and of the Council of 29 April 2015 ( amended by Regulation (EU) 2016/2071 with respect to methods of calculating, inter alia, emission
and consumption) governs the monitoring, reporting and verification of carbon dioxide emissions from maritime transport, and, subject
to some exclusions, requires companies with ships over 5,000 gross tonnage to monitor and report carbon dioxide emissions annually, which
may cause us to incur additional expenses. As of January 2019, large ships calling at EU ports have been required to collect and publish
data on carbon dioxide emissions and other information. The system entered into force on 1 March 2018.</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">July 2020 saw the European Parliament&#8217;s Committee
on Environment, Public Health and Food Safety vote in favor of the inclusion of vessels of 5000 gross tons and above in the EU Emissions
Trading System (in addition to voting for a revision to the monitoring, reporting and verification of CO2 emissions). In September 2020,
the European Parliament adopted the proposal from the European Commission to amend the regulation on monitoring carbon dioxide emissions
from maritime transport.</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 14th July 2021, the European Commission published
a package of draft proposals as part of its &#8216;Fit for 55&#8217; environmental legislative agenda and as part of the wider EU Green
Deal growth strategy. The Proposals are not yet in final form and may be subject to amendment. There are two key initiatives relevant
to maritime arising from the Proposals: (a) a bespoke emissions trading scheme for maritime (Maritime ETS) which is due to commence in
2023 and which is to apply to all ships above a gross tonnage of 5000; and (b) a FuelEU draft regulation which seeks to require all ships
above a gross tonnage of 5000 to carry on board a &#8216;FuelEU certificate of compliance&#8217; from 30 June 2025 as evidence of compliance
with the limits on the greenhouse gas intensity of the energy used on-board by a ship and with the requirements on the use of on-shore
power supply (OPS) at berth. More specifically, Maritime ETS is to apply gradually over the period from 2023-2025. The cap under the ETS
would be set by taking into account EU MRV system emissions data for the years 2018 and 2019, adjusted, from year 2021 and is to capture
100% of the emissions from intra-EU maritime voyages; 100% of emissions from ships at berth in EU ports; and 50% of emissions from voyages
which start or end at EU ports (but the other destination is outside the EU). More recent proposed amendments signal that 100% of non-EU
emissions may be caught if the IMO does not introduce a global market-based measure by 2028. Furthermore, the proposals envisage that
all maritime allowances would be auctioned and there will be no free allocation. Both proposals are currently being negotiated and final
drafts are expected in the summer of 2022.</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">Concerned at the lack of progress in satisfying the
conditions needed to bring the Hong Kong Convention into force, the EU published its own Ship Recycling Regulation 1257/2013 (SRR) in
2013, with a view to facilitating early ratification of the Hong Kong Convention both within the EU and in other countries outside the
EU. As the Hong Kong Convention has yet to come into force, the 2013 regulations are vital to responsible ship recycling in the EU. The
SRR Regulation applies to vessels flying the flag of a Member State and certain of its provisions apply to vessels flying the flag of
a third country calling at a port or anchorage of a Member State. For example, when calling at a port or anchorage of a Member State,
the vessels flying the flag of a third country will be required, amongst other things, to have on board an inventory of hazardous materials
which complies with the requirements of the Regulation and to be able to submit to the relevant authorities of that Member State a copy
of a statement of compliance issued by the relevant authorities of the country of their flag and verifying the inventory. Pursuant to
the Regulation, the EU Commission publishes from time to time a European List of approved ship recycling facilities meeting the requirements
of the Regulation.</p>

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

<!-- Field: Page; Sequence: 59 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 November 11, 2020 the EU Commission published
an implementing decision which included an updated version of the European List. Furthermore, the SRR requires that, from 31
December 2020, all existing ships sailing under the flag of EU member states and non-EU flagged ships calling at an EU port or
anchorage must carry on-board an Inventory of Hazardous Materials (IHM) with a certificate or statement of compliance, as
appropriate. For EU-flagged vessels, a certificate (either an Inventory Certificate or Ready for Recycling Certificate) will be
necessary, while non-EU flagged vessels will need a Statement of Compliance.</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 0 0 36pt; text-align: justify"><i>Compliance Enforcement</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">The flag state, as defined by the United Nations Convention
on the Law of the Sea, has overall responsibility for the implementation and enforcement of international maritime regulations for all
vessels granted the right to fly its flag. The &#8220;Shipping Industry Guidelines on Flag State Performance&#8221; issued by the International
Chamber of Shipping in cooperation with other international shipping associations evaluates flag states based on factors such as port
state control record, ratification of major international maritime treaties, use of recognized organizations conducting survey work on
their behalf which comply with the IMO guidelines, age of fleet, compliance with reporting requirements and participation at IMO meetings.
The vessels that we operate are flagged in the Marshall Islands and Malta. Marshall Islands- and Malta-flagged vessels have historically
received a good assessment in the shipping industry.</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">Noncompliance with the ISM Code or other IMO regulations
may subject the shipowner or bareboat charterer to increased liability and, if the implementing legislation so provides, to criminal sanctions,
may lead to decreases in available insurance coverage for affected vessels or may invalidate or result in the loss of existing insurance
cover and may result in the denial of access to, or detention in, some ports. The U.S. Coast Guard and European Union authorities have,
for example, indicated that vessels not in compliance with the ISM Code will be prohibited from trading in U.S. and European Union ports,
respectively. As of the date of this annual report on Form 20-F, each of our vessels is ISM Code certified. However, there can
be no assurance that such certificate will be maintained.</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 IMO, the EU and other regulatory authorities continue
to review and introduce new regulations. It is impossible to predict what additional regulations, if any, may be passed by the IMO, the
EU and/or other regulatory authorities and what effect, if any, such regulations may have on our operations.</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 0 0 36pt; text-align: justify"><i>United States Environmental Regulations
and Laws Governing Civil Liability for Pollution</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">Environmental legislation in the United States merits
particular mention as it is in many respects more onerous than international laws, representing a high-water mark of regulation with which
shipowners and operators must comply, and of liability likely to be incurred in the event of non-compliance or an incident causing pollution.</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">U.S. federal legislation, including notably the OPA,
establishes an extensive regulatory and liability regime for the protection and cleanup of the environment from oil spills, including
bunker oil spills from dry bulk vessels as well as cargo or bunker oil spills from tankers. The OPA affects all owners and operators whose
vessels trade in the United States, its territories and possessions or whose vessels operate in United States waters, which includes the
United States&#8217; territorial sea and its 200 nautical mile exclusive economic zone. Under OPA, vessel owners, operators and bareboat
charterers are &#8220;responsible parties&#8221; and are jointly, severally and strictly liable without regard to fault (unless the spill
results solely from the act or omission of a third party, an act of God or an act of war) for all containment and clean-up costs and other
damages arising from discharges or substantial threats of discharges of oil from their vessels. The OPA expressly allows the individual
states of the United States to impose their own liability regimes for the discharge of petroleum products. In addition to potential liability
under the OPA as the relevant federal legislation, vessel owners may in some instances incur liability on an even more stringent basis
under state law in the particular state where the spillage occurred.</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 OPA requires the owner or operator of any non-tank
vessel of 400 gross tons or more that carries oil of any kind as a fuel for main propulsion, including bunkers, to prepare and submit
a response plan for each vessel. The vessel response plans must include detailed information on actions to be taken by vessel personnel
to prevent or mitigate any discharge or substantial threat of such a discharge of oil from the vessel.</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 OPA limits the liability of responsible parties
to the greater of $1,200 per gross ton or $997,100 per non-tank vessel (subject to possible adjustment for inflation). However, these
limits of liability do not apply if an incident was proximately caused by violation of applicable United States federal safety, construction
or operating regulations or by a responsible party&#8217;s gross negligence or willful misconduct, or if the responsible party fails or
refuses to report the incident or to cooperate and assist in connection with oil removal activities.</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>

<!-- Field: Page; Sequence: 60 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">In addition, the Comprehensive Environmental Response,
Compensation, and Liability Act, or CERCLA, which applies to the discharge of hazardous substances (other than oil) whether on land or
at sea, contains a similar liability regime and provides for cleanup, removal and natural resource damages. Liability under CERCLA is
limited to the greater of $300 per gross ton or $0.5 million for vessels not carrying hazardous substances as cargo or residue (or the
greater of $300 per gross ton or $5.0 million for vessels carrying hazardous substances) unless the incident is caused by gross negligence,
willful misconduct or a violation of certain regulations, in which case liability is unlimited.</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 maintain, for each of our vessels, protection and
indemnity coverage against pollution liability risks in the amount of $1.0 billion per event. This insurance coverage is subject to exclusions,
deductibles and other terms and conditions. If any liabilities or expenses fall within an exclusion from coverage, or if damages from
a catastrophic incident exceed the $1.0 billion limitation of coverage per event, our cash flow, profitability and financial position
could be adversely impacted.</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 believe our insurance and protection and indemnity
coverage as described above meets the requirements of the OPA.</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 OPA requires owners and operators of all vessels
over 300 gross tons, even those that do not carry petroleum or hazardous substances as cargo, to establish and maintain with the U.S.
Coast Guard evidence of financial responsibility sufficient to meet their potential liabilities under the OPA. Under the regulations,
vessel owners and operators may evidence their financial responsibility by showing proof of insurance, surety bond, self-insurance or
guaranty.</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">Under the OPA, an owner or operator of a fleet of
vessels is required only to demonstrate evidence of financial responsibility in an amount sufficient to cover the vessel in the fleet
having the greatest limited liability under the OPA.</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 U.S. Coast Guard&#8217;s regulations concerning
certificates of financial responsibility provide, in accordance with the OPA, that claimants may bring suit directly against an insurer
or guarantor that furnishes the guaranty that supports the certificates of financial responsibility. In the event that such insurer or
guarantor is sued directly, it is prohibited from asserting any contractual defense that it may have had against the responsible party
and is limited to asserting those defenses available to the responsible party and the defense that the incident was caused by the willful
misconduct of the responsible party.</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 OPA specifically permits individual states to
impose their own liability regimes with regard to oil pollution incidents occurring within their boundaries, and some states have enacted
legislation providing for unlimited liability for oil spills. In some cases, states that have enacted such legislation have not yet issued
implementing regulations defining vessels owners&#8217; responsibilities under these laws. We intend to comply with all applicable state
regulations in the ports where our vessels call.</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 United States Clean Water Act, or CWA, prohibits
the discharge of oil or hazardous substances in U.S. navigable waters and imposes strict liability in the form of penalties for unauthorized
discharges. The CWA also imposes substantial liability for the costs of removal, remediation and damages and complements the remedies
available under CERCLA.</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 EPA enacted rules governing the regulation of
ballast water discharges and other discharges incidental to the normal operation of vessels within U.S. waters. Under the rules, commercial
vessels 79 feet in length or longer (other than commercial fishing vessels), or Regulated Vessels, are required to obtain a CWA permit
regulating and authorizing such normal discharges. This permit, which the EPA had designated as the Vessel General Permit for Discharges
Incidental to the Normal Operation of Vessels, or VGP, incorporated the then current U.S. Coast Guard requirements for ballast water management
as well as supplemental ballast water requirements, including limits applicable to specific discharge streams, such as deck runoff, bilge
water and gray water. The VGP was set to be effective to December 18, 2018. The Vessel Incidental Discharge Act (or VIDA) was signed into
law on December 4, 2018, and establishes a new framework for the regulation of vessel incidental discharges under the CWA. On October
26, 2020, the EPA published a Notice of Proposed Rulemaking for Vessel Incidental Discharge National Standards of Performance under VIDA,
and in November 2020, held virtual public meetings. The new regulations would require the installation of new equipment. Under VIDA, all
provisions of the 2013 Vessel General Permit </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">remain in force and effect as currently written until the EPA publishes standards and the
corresponding U.S. Coast Guard regulations are published.</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">Vessels that are constructed after December 1, 2013
are subject to the ballast water numeric effluent limitations. Several U.S. states, including California, have added specific requirements
to the VGP and, in some cases, may require vessels to install ballast water treatment technology to meet biological performance standards.</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 0 0 36pt; text-align: justify"></p>

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

<!-- Field: Page; Sequence: 61 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><i>Security Regulations</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">Since the terrorist attacks of September 11,
2001, there have been a variety of initiatives intended to enhance vessel security. In November 2002, the MTSA came into effect. To
implement certain portions of the MTSA, in July 2003, the U.S. Coast Guard issued regulations requiring the implementation of
certain security requirements aboard vessels operating in waters subject to the jurisdiction of the United States. Similarly, in
December 2002, amendments to SOLAS created a new chapter of the convention dealing specifically with maritime security. The chapter
imposes various detailed security obligations on vessels and port authorities, most of which are contained in the newly created ISPS
Code. Among the various requirements are:</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: top">
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 92%"><span style="font-size: 10pt">on-board installation of automatic information systems to enhance
vessel-to-vessel and vessel-to-shore communications</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">on-board installation of ship security alert systems;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the development of vessel security plans; and</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">compliance with flag state security certification requirements.</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">The U.S. Coast Guard regulations, intended to be aligned
with international maritime security standards, exempt non-U.S. vessels from MTSA vessel security measures, provided such vessels have
on board a valid International Ship Security Certificate that attests to the vessel&#8217;s compliance with SOLAS security requirements
and the ISPS Code. The vessels in our fleet that we operate have on board valid International Ship Security Certificates and, therefore,
will comply with the requirements of the MTSA.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>International Laws Governing
Civil Liability to Pay Compensation or Damages</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">Although the United States is not a party to the International
Convention on Civil Liability for Oil Pollution Damage of 1969, as amended by the 1992 Protocol and further amended in 2000, or the CLC
(which has been adopted by the IMO and sets out a liability regime in relation to oil pollution damage), many countries are parties and
have ratified either the original CLC or its 1992 Protocol. Under the CLC, a vessel&#8217;s registered owner is strictly liable for pollution
damage caused in the territorial waters or, under the 1992 Protocol, in the exclusive economic zone or equivalent area, of a contracting
state by discharge of persistent oil, subject to certain defenses and subject to the right to limit liability. The original CLC applies
to vessels carrying oil as cargo and not in ballast, whereas the CLC as amended by the 1992 Protocol applies to tanker vessels and combination
carriers (i.e., vessels which sometimes carry oil in bulk and sometimes other cargoes) but only when the latter carry oil in bulk as cargo
and during any voyage following such carriage (to the extent they have oil residues on board). Vessels trading with states that are parties
to these conventions must provide evidence of insurance covering the liability of the owner. In jurisdictions where the CLC has not been
adopted, various legislative schemes or common law govern, and liability is imposed either on the basis of fault or in a manner similar
to that of the convention. We believe that our protection and indemnity insurance will cover the liability under the regime adopted by
the IMO.</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 CLC is supplemented by the International Convention
on the Establishment of an International Fund for Compensation for Oil Pollution Damage 1971, as amended (or the Fund Convention). The
purpose of the Fund Convention was the creation of a supplementary compensation fund (the International Oil Pollution Compensation Fund,
or IOPC Fund) which provides additional compensation to victims of a pollution incident who are unable to obtain adequate or any compensation
under the CLC.</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">In 2001, the IMO adopted the International Convention
on Civil Liability for Bunker Oil Pollution Damage, or the Bunker Convention, which covers liability and compensation for pollution damage
caused in the territorial waters or the exclusive economic zone or equivalent area of ratifying states by discharges of &#8220;bunker
oil.&#8221; The Bunker Convention defines &#8220;bunker oil&#8221; as &#8220;any hydrocarbon mineral oil, including lubricating oil, used
or intended to be used for the operation or propulsion of the ship, and any residues of such oil.&#8221; The Bunker Convention imposes
strict liability (subject to certain defenses) on the </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">shipowner (which term includes the registered owner, bareboat charterer, manager
and operator of the vessel). It also requires registered owners of vessels over a certain size to maintain insurance for pollution damage
in an amount equal to the limits of liability under the applicable national or international limitation regime (but not exceeding the
amount calculated in accordance with the Convention on Limitation of Liability for Maritime Claims of 1976, as amended by the 1996 Protocol
to it, or the 1976 Convention). The Bunker Convention entered into force in November 2008. In other jurisdictions, liability for spills
or releases of oil from vessels&#8217; bunkers continues to be determined by the national or other domestic laws in the jurisdiction where
the events or damages occur.</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>

<!-- Field: Page; Sequence: 62 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->63<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 IMO&#8217;s International Convention on
Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea 1996, as superseded
by the 2010 Protocol, or the HNS Convention, sets out a liability regime for loss or damage caused by hazardous or noxious
substances carried on board a vessel. These substances are listed in the convention itself or defined by reference to lists of
substances included in various IMO conventions and codes. The HNS Convention covers loss or damage by contamination to the
environment, costs of preventive measures and further damage caused by such measures, loss or damage to property outside the ship
and loss of life or personal injury caused by such substances on board or outside the ship. It imposes strict liability (subject to
certain defenses) on the registered owner of the vessel and provides for limitation of liability and compulsory insurance. The
owner&#8217;s right to limit liability is lost if it is proved that the damage resulted from the owner&#8217;s personal act or
omission, committed with the intent to cause such damage, or recklessly and with knowledge that such damage would probably result.
The HNS Convention has not entered into force yet.</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">Outside the United States, national laws generally
provide for the owner to bear strict liability for pollution, subject to a right to limit liability under applicable national or international
regimes for limitation of liability. The most widely applicable international regime limiting maritime pollution liability is the 1976
Convention. However, claims for oil pollution damage within the meaning of the CLC or any Protocol or amendment to it are expressly excepted
from the limitation regime set out in the 1976 Convention. Rights to limit liability under the 1976 Convention are forfeited where it
is proved that the loss resulted from the shipowner&#8217;s personal act or omissions, committed with the intent to cause such loss, or
recklessly and with knowledge that such loss would probably result. Some states have ratified the 1996 Protocol to the 1976 Convention,
which provides for liability limits substantially higher than those set forth in the original 1976 Convention to apply in such states.
Finally, some jurisdictions are not a party to either the 1976 Convention or the 1996 Protocol, and some are parties to other earlier
limitation of liability conventions and, therefore, shipowners&#8217; rights to limit liability for maritime pollution in such jurisdictions
may be different or uncertain.</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: 36pt"><i>The Maritime Labour Convention
</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">The International Labour Organization&#8217;s Maritime
Labour Convention was adopted in 2006 (&#8220;MLC 2006&#8221;). The basic aims of the MLC 2006 are to ensure comprehensive worldwide protection
of the rights of seafarers and to establish a level playing field for countries and ship owners committed to providing decent working
and living conditions for seafarers, protecting them from unfair competition on the part of substandard ships. The Convention was ratified
on August 20, 2012, and all our vessels have been certified, as required. The MLC 2006 requirements have not had a material effect on
our operations.</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; text-indent: 36pt"><b><i>C.&#160;&#160;Organizational
Structure</i></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">Globus Maritime Limited is a holding company. As
of the date of this annual report, Globus wholly owns eleven operational subsidiaries, ten of which are Marshall Islands
corporations and one of which is incorporated in Malta. Nine of our operational subsidiaries each own one vessel, and one of our
operational subsidiaries is our Manager and does not own a vessel, and our Manager provides the technical and day-to-day commercial
management of our fleet and our financial reporting. Our Manager provides consultancy services to an affiliated ship-management company. Our Manager maintains
ship management agreements with each of our 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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>D.&#160;&#160;Property, Plants
and Equipment</i></b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">In 2016 our Manager entered into a rental agreement for 350 square meters
of office space for our operations within a building owned by Cyberonica S.A., a related party to us at a monthly rate of &#8364;10,360
with a lease period ending January 2, 2025. However, in August 2021, our Manager entered into a new rental agreement for 902 square metres
of office space for its operations within a building owned by Cyberonica S.A. (a company controlled by our chairman of the board at a
monthly rate of &#8364;26,000 with a lease period ending August 2024, and the 2016 rental agreement was terminated. The Company does not
presently own any real estate. As of December 31, 2021, we did not owe to Cyberonica any
amount of back rent.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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">For information about our vessels and how we account
for them, see &#8220;Item 5. Operating and Financial Review and Prospects. A. Operating Results &#8211; Results of Operations &#8211;
Critical Accounting Policies &#8211; Impairment of Long-Lived Assets.&#8221; Other than our vessels, we do not have any material property.
Six of our vessels are subject to priority mortgages, which secure our obligations under the CIT Loan Facility. For more information on our vessels, please see &#8220;Item 4.B.&#160;&#160;Information
on the Company&#8212;Business Overview.&#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">For further details regarding our credit facilities,
please see &#8220;Item 5. Operating and Financial Review and Prospects &#8212; B. Liquidity and Capital Resources &#8212; Indebtedness.&#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">We have no manufacturing capacity, nor do we produce
any products.</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 believe that our existing credit facility
is adequate to meet our needs for the foreseeable future.</p>

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


<!-- Field: Page; Sequence: 63 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->64<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_007"></span>Item 4A.&#160; Unresolved Staff Comments</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">None.</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">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_008"></span>Item 5.&#160;&#160;Operating and Financial Review
and Prospects</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"><i></i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>The following discussion should be read in conjunction
with our consolidated financial statements and the accompanying notes thereto included elsewhere in this annual report on Form 20-F. We
believe that the following discussion contains forward-looking statements that involve risks and uncertainties. Actual results or plan
of operations could differ materially from those anticipated by forward-looking information due to factors discussed under &#8220;Item
3.D.&#160;&#160;Risk Factors&#8221; and elsewhere in this annual report on Form 20-F. Please see the section &#8220;Cautionary Note Regarding
Forward-Looking Statements&#8221; at the beginning of this annual report on Form 20-F.</i></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"><i>The following Management&#8217;s Discussion and
Analysis of Financial Condition and Results of Operations (MD&amp;A) is intended to help the reader understand our results of operations
and financial condition. The MD&amp;A is provided as a supplement to, and should be read in conjunction with, our consolidated financial
statements and notes thereto included in &#8220;Item 18 &#8211; Financial Statements.&#8221;</i></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"><i>The MD&amp;A generally discusses 2021 and 2020
items and year-to-year comparisons between 2021 and 2020. Discussions of 2019 items and year-to-year comparisons between 2020 and 2019
that are not included in this Form 20-F can be found in &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results
of Operations&#8221; in the Company&#8217;s Annual Report on Form 20-F for the fiscal year ended December 31, 2020 filed with the SEC.
</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i></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; text-indent: 36pt"><b><i>A.&#160;&#160;Operating Results</i></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"><b>Overview and History</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 are an integrated dry bulk shipping company, which
began operations in September 2006, providing marine transportation services on a worldwide basis. We own, operate and manage a fleet
of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally.
Following the conclusion of our initial public offering on June 1, 2007, our common shares were listed on the AIM under the ticker &#8220;GLBS.L.&#8221;
On November 24, 2010, we redomiciled into the Marshall Islands pursuant to the BCA and a resale registration statement for our common
shares was declared effective by the SEC. Once the resale registration statement was declared effective by the SEC, our common shares
began trading on the Nasdaq Global Market under the ticker &#8220;GLBS.&#8221; We delisted our common shares from the AIM on November
26, 2010.</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 April 11, 2016 our common shares began trading
on the Nasdaq Capital Market and ceased trading on the Nasdaq Global Market, without a change in our ticker.</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 0 10pt; text-align: justify; text-indent: 0cm">On July 29, 2010, we effected
a 1-4 reverse stock split, with our issued share capital resulting in 7,240,852 common shares of $0.004 each. On October 20, 2016, we
effected a 1-4 reverse stock split which reduced the number of outstanding common shares from 10,510,741 to 2,627,674 shares (adjustments
were made based on fractional shares). (These figures do not reflect the 1-10 reverse stock split which occurred in October 2018 or the
1-100 reverse stock split occurred in October 2020.) On October 15, 2018, we effected a 1-10 reverse stock split which reduced the number
of outstanding common shares from 32,065,077 to 3,206,495 shares (adjustments were made based on fractional shares). (These figures do
not reflect the 1-100 reverse stock split occurred in October 2020.)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November 2018, we entered into a credit facility for up to $15 million
with Firment Shipping Inc., a related party to us, for the purpose of financing our general working capital needs, which facility was
amended and restated on May 8, 2020. The Firment Shipping Credit Facility was unsecured and remained available until its final maturity
date at October 31, 2021, as amended. We have the right to drawdown any amount up to $15 million  or prepay
any amount in multiples of $100,000. Any prepaid amount cannot be re-borrowed. Interest on drawn and outstanding amounts is charged at
3.5% per annum until December 31, 2020, and thereafter at 7% per annum. No commitment fee is charged on the amounts remaining available
and undrawn. Interest is payable the last day of a period of three months after the drawdown date, after this period in case of failure
to pay any sum due a default interest of 2% per annum above the regular interest is charged.</p>

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

<!-- Field: Page; Sequence: 64 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->65<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 have also the right, in our sole option, to
convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid interest under this Agreement into common
shares. The conversion price shall equal the higher of (i) the average of the daily dollar volume-weighted average sale price for
the common stock on the Principal Market on any trading day during the period beginning at 9.30 a.m. New York City time and ending
at 4.00 p.m. over the Pricing Period multiplied by 80%, where the &#8220;Pricing Period&#8221; equals the ten consecutive trading
days immediately preceding the date on which the conversion notice was executed or (ii) $280.00. The outstanding amount under the
Firment Shipping Credit Facility was fully repaid on July 27, 2020. This facility expired on its terms on October 31, 2021.</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 April 23, 2019, the Company converted the outstanding
principal amount of $3.1 million plus the accrued interest of approximately $0.1 million with a conversion price of $2.80 per share and
issued 1,132,191 new common shares on behalf of Firment Shipping Inc. in accordance with the provisions of the Firment Shipping Credit
Facility. This conversion resulted in a gain of approximately $0.1 million. As of December 31, 2020, $14.2 million was available to be
drawn under the Firment Shipping Credit Facility. (These figures do not reflect the 1-100 reverse stock split occurred in October 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">In December 2018, through our wholly owned subsidiaries,
Artful Shipholding S.A. (&#8220;Artful&#8221;) and Longevity Maritime Limited (&#8220;Longevity&#8221;), we entered into a loan agreement
with Macquarie Bank International Limited, which we refer to as our Macquarie Loan Agreement, for an amount up to $13.5 million and used
funds borrowed thereunder to refinance part of the repayment of the then existing loan agreement with DVB, which we refer to as the DVB
Loan Agreement, for the m/v Moon Globe and m/v Sun Globe. Globus guaranteed this loan.</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 March 13, 2019, the Company signed a securities
purchase agreement with a private investor and on March 13, 2019 issued, for gross proceeds of $5 million, a senior convertible note (the
&#8220;Convertible Note&#8221;) that was convertible into shares of the Company&#8217;s common stock, par value $0.004 per share. If not
converted or redeemed beforehand pursuant to the terms of the Convertible Note, the Convertible Note was scheduled to mature on March
13, 2020, the first anniversary of its issue, but its holder waived the Convertible Note&#8217;s maturity until March 13, 2021. The waiver
also provided that the floor price by which the Convertible Note may be converted adjusts for share splits, share dividends, share combinations,
and similar transactions. The Convertible Note was issued in a transaction exempt from registration under the Securities Act of 1933,
as amended (the &#8220;Securities Act&#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">On May 8, 2020, the holder of our Convertible Note
waived (the &#8220;May 8, 2020 Waiver&#8221;) its right to participate in (a) public offerings which close before August 31, 2020, and
(b) issuances of shares and other securities (including common shares, Class B common shares, and new or existing series of preferred
shares) to directors, officers, their respective affiliates, and to affiliates of the Company. The holder of our Convertible Note also
consented to the amendment and restatement of the Firment Shipping Credit Facility and waived (a) without the Company having admitted
fault, certain potential prior technical breaches of the Convertible Note; (b) the holder&#8217;s right to require the redemption of the
Convertible Note upon a change of control (as such term is used within the Convertible Note), but only if such change of control results
from certain underwritten offering or issuances of our securities to directors, officers, their respective affiliates, and to affiliates
of the Company; (c) temporarily reduced, until August 31, 2020, the amount the noteholder will receive upon a redemption of the Convertible
Note at the Company&#8217;s option, such that the Convertible Note could have been redeemed at the Company&#8217;s option by paying the
greater of (i) the aggregate amounts then outstanding pursuant to the Convertible Note (rather than 120% of such amounts) and (ii) the
product of (x) the number of shares issuable upon a conversion of the Convertible Note (with respect to the amount being redeemed at the
time) multiplied by (y) the greatest closing sale price of the Company&#8217;s common shares on any trading day between the date immediately
preceding the first such redemption at the Company&#8217;s option and the trading day immediately prior to the final Company payment under
the Convertible Note. All of the foregoing was subject to the Company&#8217;s redemption of all or part of the Convertible Note in cash
with an amount equal to the lesser of (a) the aggregate amounts then outstanding pursuant to the Convertible Note and (b) 25% of the net
proceeds of any public offering of its securities that close before August 31, 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">The outstanding balance of the Convertible Note not
previously converted into shares was fully repaid in June 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">The Convertible Note provided for interest to accrue
at 10% annually and paid at maturity, unless the Convertible Note was converted or redeemed pursuant to its terms beforehand. The interest
could have been paid in common shares of the Company, if certain conditions described within the Convertible Note were met. The following
summaries of the conversion and redemption provisions of the Convertible Note are qualified in their entirety to the terms of the Convertible
Note itself:</p>

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

<!-- Field: Page; Sequence: 65 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->66<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->
<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="padding-left: 36pt; text-indent: -18pt; font-size: 10pt; text-align: justify"><span style="font-family: Symbol">&#183;</span><span style="font: 7pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span>The Convertible Note could have been converted, in whole or in part, into the Company&#8217;s common stock at any time by its holder, in which case all principal, interest, and other amounts owed pursuant to the Convertible Note would have converted at a price per share which would have differed based upon the performance of the Company&#8217;s stock price. The price per share for conversion purposes was the lowest of (a) the Conversion Price of $450 and (b) the highest of (i) $100 (the &#8220;Floor Price&#8221;) and (ii) 87.5% of the average of the high and low bid price from any day chosen by the holder during the ten (10) consecutive trading day period ending on and including the trading day immediately prior to the applicable conversion date (the &#8220;Alternate Conversion Price&#8221;) regardless of the subsequent stock price. The Floor Price adjusted for share splits, share dividends, share combinations, and similar transactions.</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">The Convertible Note could have been redeemed, in whole or in part, by request of its holder upon:</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 72px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">o</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">an Event of Default (as defined within the Convertible Note), in exchange for the higher of (a) 120% of all amounts owed under the Convertible Note, and (b) the value of the stock to which the Convertible Note could be converted (as calculated within Section 4(b) of the Convertible Note);</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 72px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">o</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">a Change in Control (as defined within the Convertible Note) of the Company, in exchange for the higher of (a) 120% of all amounts owed under the Convertible Note and (b) the value of the stock to which the Convertible Note could have been converted (as calculated within Section 5(c) of the Convertible Note), unless such Change in Control occurred as described in the May 8, 2020 Waiver described above; or</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 72px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">o</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">any time after an uninterrupted ten Trading Day period in which the common shares traded below the Floor Price, in exchange for 100% of all amounts owed under the Convertible Note.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font: 10pt Symbol">&#183;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">The Convertible Note could have been redeemed, in whole or in part, at any time by the Company. If we elected to redeem the Convertible Note, and such redemption did not occur as set forth within the May 8, 2020 Waiver, we would have been obligated to pay the holder the greater of (a) 120% of all amounts owed under the Convertible Note and (b) the value of the stock to which the Convertible Note could be converted (as calculated within Section 8(a) of the Convertible Note). If we elected to redeem the Convertible Note, we (as a procedural matter) would have first provided the holder notice, which could have allowed the holder to convert prior to payment by us of the redemption amount.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font: 10pt Symbol">&#183;</span></td>
    <td>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If any portion of the Convertible Note was not redeemed
    or converted prior to its maturity date, on the maturity date, we would have been required to pay all outstanding principal in cash and
    may have elected whether to pay the interest (and any other amounts owed) in cash or shares of our common stock. If interest was paid
    in common stock, the Alternate Conversion Price per share would have applied.</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Convertible Note also forbade us from undertaking
certain major transactions (referred to within the Convertible Note as &#8220;Fundamental Transactions&#8221; or a &#8220;Change of Control&#8221;)
if we do not either (a) redeem the note at 120% of all amounts owed under the Convertible Note beforehand or (b) we or our successor does
not reaffirm its obligations under the Convertible Note.</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 Convertible Note included anti-dilution protections
to its holder. The Convertible Note initially contained a Floor Price of $225 and allowed the Company, with the holder&#8217;s consent,
to reduce the Floor Price or the then current conversion price, as to any amount and for any period of time deemed appropriate by the
Company&#8217;s board of directors, but to a price no less than $1.00 per share, which subsequently was so reduced to $100. Although it
was originally agreed that the floor price would not adjust upon share splits, share dividends, share combinations, and similar transactions,
we and the holder subsequently agreed that the floor price would adjust proportionately under these circumstances.</p>

<p style="font: 12pt 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">Under the terms of the Convertible Note, the Company
could not have issued shares to the extent such issuance would cause the Holder, together with its affiliates and attribution parties,
to beneficially own a number of common shares which would exceed 4.99% (which may be increased upon no less than 61 days&#8217; notice,
but not to exceed 9.99%) of our then outstanding common shares immediately following such issuance, excluding for purposes of such determination
common shares issuable upon subsequent conversion of principal or interest on the Convertible Note. This provision did not limit a Holder
from acquiring up to 4.99% of our common shares, selling all of their common shares, and immediately thereafter re-acquiring up to 4.99%
of our common shares. The Convertible Note further entitled its holder to any options, convertible securities or rights to purchase shares,
warrants, securities or other property if the Company should issue such pro rata to all or substantially all of the record holders of
any class of common shares, in each instance as though the Convertible Note had converted in full at the Alternate Conversion Price and
as though the aforementioned limitation on conversion and issuance did not exist.</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 Company also signed a registration rights agreement
with the private investor pursuant to which we agreed to register for resale the shares that could be issued pursuant to the Convertible
Note, and subsequently filed a registration statement registering the resale of the maximum number of common shares issuable pursuant
to the Convertible Note, including payment of interest on the notes through its maturity date, determined as if the Convertible Note (including
interest) was converted in full at the lowest price at which the note may convert pursuant to its terms. The registration rights agreement
contained liquidated damages if we were unable to register for resale the shares into which the convertible note may convert, and maintain
such registration.</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>

<!-- Field: Page; Sequence: 66 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->67<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 22, 2020, we completed a public offering
of 34,285,714 units of the Company. Each unit consisted of one common share and one Class A Warrant to purchase one common share (a &#8220;Class
A Warrant&#8221;), for $35 per unit. At the time of the closing, the underwriters exercised and closed a part of their over-allotment
option, and purchased an additional 5,139,286 common shares and Class A Warrants to purchase 5,139,286 common shares. Upon the 1-100
reverse split which occurred in October 2020, the number of outstanding warrants was not adjusted, but the number of shares issuable
upon exercise thereof and the price per share was proportionately adjusted to reflect the reverse split. The figures above do not reflect
the reverse split.</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 exercise price of the Class A Warrants is $35
per whole share at any time after their original issuance up to the date that is five years after their original issuance. If a registration
statement registering the issuance of the common shares underlying the warrants under the Securities Act is not effective or available,
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. We may be required to
pay certain amounts as liquidated damages as specified in the warrants in the event it does not deliver common shares upon exercise of
the warrants within the time periods specified in the warrants.</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 30, 2020, we issued 458,500 of our common
shares in a registered direct offering and 458,500 of our June PP Warrants in a concurrent private placement for a purchase price of
$27 per common share and June PP Warrant. No June PP Warrants have been exercised as of the date hereof, and may be exercised at any
time prior to 5:00 PM New York time on December 30, 2025. The exercise price of each June PP Warrant was originally $30 per share, but
in July 2020 was reduced to $18 per share.</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 21, 2020, we issued 833,333 of our common
shares in a registered direct offering and 833,333 of our July PP Warrants to purchase common shares in a concurrent private placement
for a purchase price of $18 per common share and July PP Warrant. No July PP Warrants have been exercised as of the date hereof, and
may be exercised at any time prior to 5:00 PM New York time on January 21, 2026. The exercise price of each July PP Warrant is $18 per
share.</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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 9, 2020, we issued (a) 1,256,765 common
shares, (b) pre-funded warrants to purchase 155,000 common shares, and (c) warrants (the &#8220;December 2020 Warrants&#8221;) to purchase
1,270,587 common shares. The pre-funded warrants have all been exercised. No December 2020 Warrants have been exercised as of the date
hereof, and may be exercised at any time prior to 5:00 PM New York time on June 9, 2026. The exercise price of the December 2020 Warrants
was reduced from $8.50 per share to $6.25 per share on January 29, 2021.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 29, 2021, we issued (a) 2,155,000 common
shares, (b) pre-funded warrants to purchase 445,000 common shares, and (c) warrants (the &#8220;January 2021 Warrants&#8221;) to purchase
1,950,000 common shares at an exercise price of $6.25 per share, which may be exercised at any time prior to 5:00 PM New York time on
July 29, 2026. The pre-funded warrants were all exercised. 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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 17, 2021, we issued (a) 3,850,000 common
shares, (b) pre-funded warrants to purchase 950,000 common shares, and (c) warrants (the &#8220;February 2021 Warrants&#8221;) to purchase
4,800,000 common shares at an exercise price of $6.25 per share, which may be exercised at any time prior to 5:00 PM New York time on
August 17, 2026. The pre-funded warrants have all been exercised. 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">On June 25, 2021, we issued (a) 8,900,000 common shares,
(b) pre-funded warrants to purchase 1,100,000 common shares, and (c) warrants (the &#8220;June 2021 Warrants&#8221;) to purchase 10,000,000
common shares at an exercise price of $5.00 per share, which may be exercised at any time prior to 5:00 PM New York time on December 25,
2026. The pre-funded warrants have all been exercised. No June 2021 Warrants have been exercised as 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">Each of the June PP Warrants, July PP Warrants, December
2020 Warrants, January 2021 Warrants, February 2021 Warrants and June 2021 Warrants is exercisable for a period of five and one-half years
commencing on the date of issuance. The warrants are exercisable at the option of each holder, in whole or in part by delivering to us
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 resale of the common shares underlying the private placement warrants under the
Securities Act is not effective or available at any time after the six month anniversary of the date of issuance of the private placement
warrants, the holder may, in its sole discretion, elect to exercise the private placement 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 a registration statement covering the issuance of the shares under the Securities Act is not effective or available at any
time after the issuance of the December 2020 Warrants, January 2021 Warrants, February 2021 Warrants and June 2021 Warrants, the holder
may, in its sole discretion, elect to exercise the such warrants 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 we do not issue the shares
in a timely fashion, each warrant contains certain liquidated damages provisions.</p>

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

<!-- Field: Page; Sequence: 67 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->68<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">From June 22, 2020 through to date, we issued 5,550
common shares pursuant to exercises of outstanding Class A Warrants. As of the date of this annual report, no June PP Warrants, July PP
Warrants, December 2020 Warrants, January 2021 Warrants, February 2021 Warrants or June 2021 Warrants have been exercised.</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 October 21, 2020, we effected a 1-100 reverse stock
split which reduced the number of shares outstanding from 175,675,651 to 1,756,720 (adjustments were made based on fractional shares).
Unless otherwise noted, all historical share numbers, per share amounts, including common share, preferred shares and warrants, have been
adjusted to give effect to this reverse split.</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 December 31, 2021, our issued and outstanding
capital stock consisted of 20,582,301 common shares and 10,300 Series 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; text-indent: 0cm">On June 12, 2020, we entered
into a stock purchase agreement and issued 50 of our newly-designated Series B preferred shares, par value $0.001 per share, to
Goldenmare Limited, a company controlled by our Chief Executive Officer, Athanasios Feidakis, in return for $150,000, which amount
was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant to the
consultancy agreement.</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">In July 2020, we issued an additional 250 of our Series
B preferred shares to Goldenmare Limited in return for $150,000. The $150,000 was paid by reducing, on a dollar-for-dollar basis, the
amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement. In addition, we increased the maximum voting
rights under the Series B preferred shares from 49.0% to 49.99%.</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">In March 2021, we issued an additional 10,000 of our
Series B preferred shares to Goldenmare Limited in return for $130,000, which was settled by reducing, on a dollar-for-dollar basis, the
amount payable 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">&#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">Each 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 (in each instance) received
a fairness opinion from an independent financial advisor that the transaction was for a fair value.</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">In May 2021, we entered into 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. 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">We intend to stabilize and then try to grow our fleet
through timely and selective acquisitions of modern vessels in a manner that we believe will provide an attractive return on equity and
will be accretive to our earnings and cash flow based on anticipated market rates at the time of purchase. There is no guarantee however,
that we will be able to find suitable vessels to purchase or that such vessels will provide an attractive return on equity or be accretive
to our 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"></p>

<!-- Field: Page; Sequence: 68 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->69<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Our strategy is to generally employ our vessels
on a mix of all types of charter contracts, including bareboat charters, time charters and spot charters. We may, from time to time,
enter into charters with longer durations depending on our assessment of market 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">We seek to manage our fleet in a manner that allows
us to maintain profitability across the shipping cycle and thus maximize returns for our shareholders. To accomplish this objective we
have historically deployed our vessels primarily on a mix of bareboat and time charters (with terms of between one month and five years).
According to our assessment of market conditions, we have historically adjusted the mix of these charters to take advantage of the relatively
stable cash flow and high utilization rates associated with time charters or to profit from attractive spot charter rates during periods
of strong charter market 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">The average number of vessels in our fleet for the
year ended December&#160;31, 2021 was 7.1, for the year ended December&#160;31, 2020 was 5.2 and for the year ended December&#160;31,
2019 was 5.0.</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 operations are managed by our Glyfada, Greece-based
wholly owned subsidiary, Globus Shipmanagement Corp., our Manager, who provides in-house commercial and technical management services
to our vessels and consultancy services to an affiliated ship-management company. Our Manager enters into a ship management agreement
with each of our wholly owned vessel-owning subsidiaries to provide such services and also entered into a consultancy agreement with an
affiliated ship-management company.</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"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white"><i>COVID-19</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">In March 2020, the World Health
Organization (the &#8220;WHO&#8221;) declared the outbreak of a novel coronavirus strain, or COVID-19, to be a pandemic. The COVID-19
pandemic is having widespread, rapidly evolving, and unpredictable impacts on global society, economies, financial markets, and business
practices. Over the course of the pandemic, governments have implemented measures in an effort to contain the virus, including social
distancing, travel restrictions, border closures, limitations on public gatherings, working from home, supply chain logistical changes,
and closure of non-essential businesses. This led to a significant slowdown in overall economic activity levels globally and a decline
in demand for certain of the raw materials that our vessels transport.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">Drybulk shipping rates, and
therefore our voyage revenues, depend to a significant degree on global economic activity levels and specifically, economic activity in
China. As the world&#8217;s second largest economy, China is the largest importer of drybulk commodities globally, which drives demand
for iron ore, coal and other cargoes we carry. In particular, starting in the first quarter of 2020, the COVID-19 pandemic resulted in
reduced industrial activity in China on which our business is substantially dependent, with temporary closures of factories and other
facilities. The pandemic resulted in a contraction in China&#8217;s GDP during the first quarter of 2020, with the most significant impact
occurring in January and February. Since March 2020, China&#8217;s economy has substantially improved, as various economic indicators
such as fixed asset investment and industrial production rose as compared to the previous months of the year, which led to a return to
GDP growth for the balance of 2020 and into 2021. Demand for the commodities that we carry continued to increase through 2021, which positively
impacted the rate our vessels earned. Economic activity levels in regions outside of China declined significantly beginning in the first
quarter of 2020 and continuing into the second quarter of the year due to various forms of nationwide shutdowns being imposed to prevent
the spread of COVID-19. Over time, several economies around the world gradually eased measures taken earlier in 2020 resulting in improved
activity levels from earlier year lows and leading to a demand rebound for 2021. Although rebounding economies around the world have had
a positive impact on our revenues in 2021, our vessel operating expenses continued to be affected by higher than anticipated costs related
to COVID-19 disruptions. The impact of COVID-19 on both our revenues and operating expenses remains highly dependent on the trajectory
of COVID-19, potential variants, as well as vaccine distribution and efficacy, which remains uncertain.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">While China-led global economic
activity levels have improved, the outlook for China and the rest of the world remains uncertain and is highly dependent on the path of
COVID-19 and measures taken by governments around the world in response to it. Drybulk commodities that are closely tied to global GDP
growth and energy demand, experienced reduced trade flows in 2020 due to lower end user demand resulting from a decline in global economic
activity. As countries worldwide gradually reopened their respective economies in mid-2020, trade flows and demand for raw materials increased.
Drybulk spot freight rates rebounded from the 2020 lows towards the end of the second quarter and remained firm in the second half of
2020. In 2021, spot rates for Kamsarmax, Panamax, and Supramax vessels reached levels not seen since 2010. While vaccinations are rising
in developed countries, developing countries vaccination rates have lagged. Global vaccination rates, vaccine effectiveness together with
the onset of variants, could impact the sustainability of this recovery in addition to drybulk specific seasonality described in further
detail below.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white"></p>

<!-- Field: Page; Sequence: 69 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->70<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">As our vessels trade commodities
globally, we have taken measures to safeguard our crew and work toward preventing the spread of COVID-19. Crew members have received gloves,
face masks, hand sanitizer, goggles and handheld thermometers. Genco requires its vessel crews to wear masks when in contact with other
individuals who board the vessel. We continue to monitor the Centers for Disease Control and Prevention (the &#8220;CDC&#8221;) and the
WHO guidelines and are also limiting access of shore personnel boarding our vessels. Specifically, no shore personnel with fever or respiratory
symptoms are allowed on board, and those that are allowed on board are restricted to designated areas that are thoroughly cleaned after
their use. Face masks are also provided to shore personnel prior to boarding a vessel. Precautionary materials are posted in common areas
to supplement safety training while personal hygiene best practices are strongly encouraged on board.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">We have implemented protocols
with regard to crew rotations to keep our crew members safe and healthy which includes polymerase chain reaction (PCR) antibody testing
as well as a 10-day quarantine period prior to boarding a vessel. Genco is enacting crew changes where permitted by regulations of the
ports and of the country of origin of the mariners, in addition to strict protocols that safeguard our crews against COVID-19 exposure.
Crew rotations have been challenging due to port and travel restrictions globally, as well as promoting the health and safety of both
on and off signing crew members.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">The COVID-19 pandemic and measures
to contain its spread thus have negatively impacted and could continue to impact regional and global economies and trade patterns in markets
in which we operate, the way we operate our business, and the businesses of our charterers and suppliers. These impacts may continue or
become more severe. Although we have successfully completed many crew changes over the course of the pandemic to date, additional crew
changes could remain challenging due to COVID-19 related factors. The extent to which the COVID-19 pandemic impacts our business going
forward will depend on numerous evolving factors we cannot reliably predict, including the duration and scope of the pandemic; governmental,
business, and individuals&#8217; actions in response to the pandemic; and the impact on economic activity, including the possibility of
recession or financial market instability.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt; background-color: white"><i>Conflicts</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The conflict between Russia and Ukraine, which commenced
in February 2022, has disrupted supply chains and caused instability and significant volatility in the global economy. Much uncertainty
remains regarding the global impact of the conflict in Ukraine, and it is possible that such instability, uncertainty and resulting volatility
could significantly increase our costs and adversely affect our business, including our ability to secure charters and financing on attractive
terms, and as a result, adversely affect our business, financial condition, results of operation and cash flows.</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 a result of the conflict between Russia and
Ukraine, Switzerland, the United States, the European Union, the United Kingdom and others have announced unprecedented levels of
sanctions and other measures against Russia and certain Russian entities and nationals. Such sanctions against Russia may adversely
affect our business, financial condition, results of operation and cash flows. For example, apart from the immediate commercial
disruptions caused in the conflict zone, escalating tensions and fears of potential shortages in the supply of Russian crude have
caused the price of oil to trade above $100 per barrel in March 2022. The ongoing conflict could result in the imposition of further
economic sanctions against Russia, with uncertain impacts on the dry bulk market and the world economy. While we do not have any
Ukrainian or Russian crew and our vessels currently do not sail in the Black Sea, it is possible that the conflict in Ukraine, including any increased shipping costs, disruptions of global
shipping routes, any impact on the global supply chain and any impact on current or potential customers caused by the events in
Russia and Ukraine, could adversely affect our operations or financial performance. Due to the recent nature of these activities,
the full impact on our business is not yet known.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white"><i>IMO 2020 Compliance</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">On&#160;October 27, 2016, the
Marine Environment Protection Committee (&#8220;MEPC&#8221;)&#160;of the International Maritime Organization (&#8220;IMO&#8221;) announced
the ratification of regulations mandating reduction in sulfur emissions from 3.5% currently to 0.5% as of the beginning of 2020 rather
than pushing the deadline back to 2025. Accordingly, ships now have to reduce sulfur emissions, for which the principal solutions are
the use of exhaust gas cleaning systems (&#8220;scrubbers&#8221;) or buying fuel with low sulfur content. If a vessel is not retrofitted
with a scrubber, it will need to use low sulfur fuel, which is currently more expensive than standard marine fuel containing 3.5% sulfur
content.&#160; This increased demand for low sulfur fuel resulted in an increase in prices for such fuel during the beginning of 2020.
Following a decrease during the second quarter of 2020, fuel prices began to increase again during the third quarter of 2020 and continue
to increase due to such demand.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white"></p>

<!-- Field: Page; Sequence: 70 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->71<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; background-color: white">None of our vessels currently
have scrubbers. We will continue to evaluate all options to comply with IMO regulations.&#160;Our fuel costs and fuel inventories may
increase as a result of these sulfur emission regulations. Low sulfur fuel is more expensive than standard marine fuel&#160;containing
3.5% sulfur content&#160;and may become more expensive or difficult to obtain as a result of increased demand.&#160; If the cost differential
between low sulfur fuel and high sulfur fuel is significantly higher than anticipated, or if low sulfur fuel is not available at ports
on certain trading routes, it may not be feasible or competitive to operate vessels on certain trading routes without installing scrubbers
or without incurring deviation time to obtain compliant fuel.&#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>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Lack of Historical Operating Data for Vessels Before
their Acquisition</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">Consistent with shipping industry practice, we were
not and have not been able obtain the historical operating data for the secondhand vessels we purchase, in part because that information
is not material to our decision to acquire such vessels, nor do we believe such information would be helpful to potential investors in
our common shares in assessing our business or profitability. We purchased our vessels under a standardized agreement commonly used in
shipping practice, which, among other things, provides us with the right to inspect the vessel and the vessel&#8217;s classification society
records. The standard agreement does not provide us the right to inspect, or receive copies of, the historical operating data of the vessel.
Accordingly, such information was not available to us. Prior to the delivery of a purchased vessel, the seller typically removes from
the vessel all records, including past financial records and accounts related to the vessel. Typically, the technical management agreement
between a seller&#8217;s technical manager and the seller is automatically terminated and the vessel&#8217;s trading certificates are
revoked by its flag state following a change in ownership.</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">In addition, and consistent with shipping
industry practice, we treat the acquisition of vessels from unaffiliated third parties as the acquisition of an asset rather than a
business. We believe that, under the applicable provisions of Rule 11-01(d) of Regulation S-X under the Securities Act, the
acquisition of our vessels does not constitute the acquisition of a &#8220;business&#8221; for which historical or pro forma
financial information would be provided pursuant to Rules 3-05 and 11-01 of Regulation S-X.</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">Although vessels are generally acquired free of charter,
we may in the future acquire some vessels with charters. Where a vessel has been under a voyage charter, the vessel is usually delivered
to the buyer free of charter. It is rare in the shipping industry for the last charterer of the vessel in the hands of the seller to continue
as the first charterer of the vessel in the hands of the buyer. In most cases, when a vessel is under time charter and the buyer wishes
to assume that charter, the vessel cannot be acquired without the charterer&#8217;s consent and the buyer entering into a separate direct
agreement, called a novation agreement, with the charterer to assume the charter. The purchase of a vessel itself does not transfer the
charter because it is a separate service agreement between the vessel owner and the charterer.</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">If the Company acquires a vessel subject to a time
charter, it amortizes the amount of the component that is attributable to favorable or unfavorable terms relative to market terms and
is included in the cost of that vessel, over the remaining term of the lease. The amortization is included in line &#8220;amortization
of fair value of time charter attached to vessels&#8221; in the income statement component of the consolidated statement of comprehensive
income/(loss).</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">If we purchase a vessel and assume or renegotiate
a related time charter, we must take the following steps before the vessel will be ready to commence operations:</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>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; width: 4%; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 92%; text-align: justify"><span style="font-size: 10pt">obtain the charterer&#8217;s consent to us as the new owner;</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">obtain the charterer&#8217;s consent to a new technical manager;</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">in some cases, obtain the charterer&#8217;s consent to a new flag for the vessel;</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">arrange for a new crew for the vessel, and where the vessel is on charter, in some cases, the crew must be approved by the charterer;</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">replace all hired equipment on board, such as gas cylinders and communication equipment;</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">negotiate and enter into new insurance contracts for the vessel through our own insurance brokers;</span></td></tr>
  </table>

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

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

<!-- Field: Page; Sequence: 71 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->72<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="margin-top: 0; margin-bottom: 0">&#160;&#160;</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">register the vessel under a flag state and perform the related inspections in order to obtain new trading certificates from the flag state;</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">implement a new planned maintenance program for the vessel; and</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">ensure that the new technical manager obtains new certificates for compliance with the safety and vessel security regulations of the flag state.</span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;&#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">The following discussion is intended to help you understand
how acquisitions of vessels affect our business and results of operations.</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 business is comprised of the following main elements:</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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: justify">employment and operation of our dry bulk vessels and
    management of a vessel owned by a third party; and</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></p></td></tr>
  <tr style="vertical-align: top">
    <td style="text-align: justify">&#160;</td>
    <td style="text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">management of the financial, general and administrative elements involved in the conduct of our business and ownership of our dry bulk vessels.</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">The employment and operation of our vessels and the
vessel we manage require the following main components:</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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel maintenance and repair;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">crew selection and training;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel spares and stores supply;</span></td></tr>
  </table>

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



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

<p style="margin-top: 0; margin-bottom: 0">&#160;</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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">contingency response planning;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">onboard safety procedures auditing;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">accounting;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel insurance arrangement;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel chartering;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel security training and security response plans (ISPS);</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">obtaining ISM certification and audit for each vessel within the six months of taking over a vessel;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel hire management;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel surveying; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">vessel performance monitoring.</span></td></tr>
  </table>
<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The management of financial, general and administrative
elements involved in the conduct of our business and ownership of our vessels requires the following main components:</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: top">
    <td style="text-align: justify; width: 4%">&#160;</td>
    <td style="text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="text-align: justify; width: 92%"><span style="font-size: 10pt"></span>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 3pt">management of our financial resources, including banking relationships,
i.e., administration of bank loans and bank accounts;</p>
<span style="font-size: 10pt"></span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">management of our accounting system and records and financial reporting;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">administration of the legal and regulatory requirements affecting our business and assets; and</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">management of the relationships with our service providers and customers.</span></td></tr>
  </table>

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

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

<!-- Field: Page; Sequence: 72 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->73<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The principal factors that affect our profitability,
cash flows and shareholders&#8217; return on investment include:</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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">rates and periods of hire;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">levels of vessel operating expenses, including repairs and drydocking;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">purchase and sale of vessels;</span></td></tr>

<tr style="vertical-align: top">
    <td style="text-align: justify; width: 4%">&#160;</td>
    <td style="text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="text-align: justify; width: 92%"><span style="font-size: 10pt"></span>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 3pt">management fees for any third party ships that we manage;</p>
<span style="font-size: 10pt"></span></td></tr>

<tr style="vertical-align: top">
    <td style="text-align: justify; width: 4%">&#160;</td>
    <td style="text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="text-align: justify; width: 92%"><span style="font-size: 10pt">depreciation expenses;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: justify">financing costs; and</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></td></tr>
  <tr style="vertical-align: top">
    <td style="text-align: justify">&#160;</td>
    <td style="text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">fluctuations in foreign exchange rates.</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>Revenue</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 0 0 36pt; text-align: justify"><i>Overview</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">We generate revenues by charging our customers for
the use of our vessels to transport their dry bulk commodities. Under a time charter, the charterer pays us a fixed daily charter hire
rate and bears all voyage expenses, including the cost of bunkers (fuel oil) and port and canal charges. We remain responsible for paying
the chartered vessel&#8217;s operating expenses, including the cost of crewing, insuring, repairing and maintaining the vessel, the costs
of spares and consumable stores, tonnage taxes and other miscellaneous expenses. Under a bareboat charter, the charterer pays us a fixed
daily charter hire rate and bears all voyage expenses, as well as the vessel&#8217;s operating expenses.</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">Spot charters can be spot voyage charters or
spot time charters. Spot voyage charters involve the carriage of a specific amount and type of cargo on a load-port to discharge-port
basis, subject to various cargo handling terms, and the vessel owner is paid on a per-ton basis. Under a spot voyage charter, the vessel
owner is responsible for the payment of all expenses including capital costs, voyage expenses, such as port, canal and bunker costs.
A spot time charter is a contract to charter a vessel for an agreed period of time at a set daily rate. Under spot time charters, the
charterer pays the voyage expenses.</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: 0.5in"><i>Voyage revenues and management
&amp; consulting fee income</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">Our voyage revenues are driven primarily by the number
of vessels in our fleet, the number of days during which our vessels operate and the amount of daily hire rates that our vessels earn
under charters or on the spot market, which, in turn, are affected by a number of factors, including:</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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">the duration of our charters;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">the number of days our vessels are hired to operate on the short-term or spot market;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">our decisions relating to vessel acquisitions and disposals;</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"></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: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">the amount of time that we spend positioning our vessels for employment;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">the amount of time that our vessels spend in drydocking undergoing repairs;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">maintenance and upgrade work;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">the age, condition and specifications of our vessels;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">levels of supply and demand in the dry bulk shipping industry; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; text-align: justify">&#160;</td>
    <td style="width: 4%; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">other factors affecting short-term or spot market charter
    rates for dry bulk vessels.</span></td></tr>
  </table>

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

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

<!-- Field: Page; Sequence: 73 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->74<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="margin-top: 0; margin-bottom: 0"></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">In 2021, our voyage revenues increased when compared
to 2020, mainly due to higher daily time charter and spot rates earned on average from our vessels on a year over year basis. In 2020,
our voyage revenues decreased when compared to 2019, mainly due to lower daily time charter and spot rates earned on average from our
vessels on a year over year basis.</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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Employment of our Vessels</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">As of the date of this annual report on Form 20-F,
we employed our vessels as follows:</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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v River Globe</i> &#8211; on a time charter that began in April 2022
and is expected to expire end of April 2022, at a gross rate of $24,000 per day.</span></td></tr></table>

<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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v Sky Globe</i> &#8211; on a time charter that began in April 2022
and is expected to expire in May 2022, at a gross rate of $30,000 per day.</span></td></tr></table>

<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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v Star Globe</i> &#8211; on a time charter that began in March 2022
and is expected to expire in April 2022, at a gross rate of $34,000 per day.</span></td></tr></table>

<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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v Moon Globe</i> &#8211; on a time charter that began in April
                                                                                                          2022 and is expected to expire in June 2022, at a gross rate of $22,250 per day, and we were paid a bonus of $1,225,000 upon
                                                                                                          commencement of the charter.</span></td></tr></table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt">&#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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v Sun Globe &#8211; </i>on a time charter that began in January 2022
and is expected to expire in June 2022, at a gross rate of $23,500 per day. </span></td></tr></table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt">&#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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v
                                            Galaxy Globe &#8211; </i>on a time charter that began in January 2022 and is expected to
                                            expire in October 2022, at a gross rat<span style="color: Black">e of $ 104.5% of the average
                                            BPI-82 5TC INDEX as quoted by the Baltic Exchange per day.</span></span></td></tr></table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt">&#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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v Diamond Globe &#8211; </i>on a time charter that began in February
2022 and is expected to expire in May 2022, at a gross rate of $23,500 per day.</span></td></tr></table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt">&#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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v Power Globe &#8211; </i>on a time charter that began in March 2022
and is expected to expire in May 2022, at a gross rate of $24,000 per day.</span></td></tr></table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt">&#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: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>m/v Orion Globe &#8211; </i>on a time charter that began in March 2022
and is expected to expire in November 2022, at a gross rate of $ 100% of the INDEX P5TC/BPI82 TC average  per day.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Our charter agreements
subject us to counterparty risk. In depressed market conditions, charterers may seek to renegotiate the terms of their existing charter
parties or avoid their obligations under those contracts. Should counterparties to one or more of our charters fail to honor their obligations
under their agreements with us, we could sustain significant losses which could have a material adverse effect on our business, financial
condition, results of operations, cash flows and ability to pay dividends.</span></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>

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We charter our vessels primarily through time charters
under which the charterer is responsible for most voyage expenses, such as the cost of bunkers (fuel oil), port expenses, agents&#8217;
fees, canal dues, extra war risks insurance and any other expenses related to the cargo.</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">Whenever we employ our vessels on a voyage basis (such
as trips for the purpose of geographically repositioning a vessel or trip(s) after the end of one time charter and up to the beginning
of the next  charter), we incur voyage expenses that include port expenses and canal charges and bunker (fuel oil) expenses.</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">If we charter our vessels on bareboat charters, the
charterer will pay for most of the voyage expenses and operating expenses.</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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As is common in the shipping industry, we have historically
paid commissions ranging from 1.25% to 2.50% of the total daily charter hire rate of each charter to unaffiliated ship brokers and in-house
brokers associated with the charterers, depending on the number of brokers involved with arranging the charter.</p>

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

<!-- Field: Page; Sequence: 74 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->75<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">For the year ended December 31, 2021, commissions
amounted to $0.6 million. For the years ended December 31, 2020 and 2019, respectively, commissions amounted to $0.2 million.</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 believe that the amounts and the structures of
our commissions are consistent with industry practices.</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">These commissions are directly related to our revenues.
We therefore expect that the amount of total commissions will increase if the size of our fleet grows as a result of additional vessel
acquisitions and employment of those vessels or if charter rates increase.</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>Vessel Operating Expenses</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">Vessel operating expenses include costs for crewing,
insurance, repairs and maintenance, lubricants, spare parts and consumable stores, statutory and classification tonnage taxes and other
miscellaneous expenses. We calculate daily vessel operating expenses by dividing vessel operating expenses by ownership days for the relevant
time period excluding bareboat charter days.</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 vessel operating expenses have historically fluctuated
as a result of changes in the size of our fleet. In addition, a portion of our vessel operating expenses is in currencies other than the
U.S. dollar, such as costs related to repairs, spare parts and consumables. These expenses may increase or decrease as a result of fluctuation
of the U.S. dollar against these currencies.</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 expect that crewing costs will increase in the
future due to the shortage in the supply of qualified sea-going personnel. In addition, we expect that maintenance costs will increase
as our vessels age. Other factors that may affect the shipping industry in general, such as the cost of insurance, may also cause our
expenses to increase. To the extent that we purchase additional vessels, we expect our vessel operating expenses to increase accordingly.
<span style="background-color: white">Other factors beyond our control, some of which may affect the shipping industry in general, including,
for instance, developments relating to market prices for crewing, lubes, and insurance, may also cause these expenses to increase. The
impact of COVID-19 could result in potential shortages or a lack of access to required spare parts for the operation of our vessels, potential
delays in any unscheduled repairs, deviations for crew changes or increased costs to successfully execute a crew change, which could lead
to business disruptions and delays. We expect that crew costs for the crew that we utilize on our vessels will increase going forward
due to expected higher wages, as well as the impact of COVID-19 restrictions. We also expect higher costs during 2022 in relation to crew,
spares and parts primarily due to industry-wide inflationary pressures and higher regulatory-related costs.</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">&#160;</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white"></span></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>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">The cost of each of the Company&#8217;s vessels is
depreciated on a straight-line basis over each vessel&#8217;s remaining useful economic life, after considering the estimated residual
value of each vessel, beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels
is 25 years, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and
estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively,
if appropriate. For the years 2020 and 2019, we maintained the scrap rate at the same level of $300/ton. During the fourth quarter of
2021, we adjusted the scrap rate from $300/ton to $380/ton due to the increased scrap rates worldwide. This resulted to a decrease of
approximately $145,000 of the depreciation charge included in the consolidated statement of comprehensive income/(loss) for 2021.</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 do not expect these assumptions to change significantly
in the near future. We expect that these charges will increase if we acquire additional vessels.</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>Depreciation of Drydocking Costs</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">Approximately every 2.5 years, our vessels are required
to be taken out of service and removed from water (known as &#8220;drydocking&#8221;) for major repairs and maintenance that cannot be
performed while the vessels are operating. The costs associated with the drydockings are capitalized and depreciated on a straight-line
basis over the period between drydockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, we estimate the component
of the cost that corresponds to the economic benefit to be derived until the first scheduled drydocking of the vessel under our ownership
and this component is depreciated on a straight-line basis over the remaining period through the estimated drydocking date. We expect
that drydocking costs will increase as our vessels age and if we acquire additional vessels.</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>

<!-- Field: Page; Sequence: 75 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->76<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Amortization of Fair Value of Time Charter Attached
to Vessels</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">If the Company acquires a vessel subject to a time
charter, it amortizes the amount of the component that is attributable to favorable or unfavorable terms relative to market terms and
is included in the cost of that vessel, over the remaining term of the lease. The amortization is included in line &#8220;amortization
of fair value of time charter attached to vessels&#8221; in the income statement component of the consolidated statement of comprehensive
income/(loss).</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>Administrative Expenses</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 administrative expenses include payroll expenses,
traveling, promotional and other expenses associated with us being a public company, which include the preparation of disclosure documents,
legal and accounting costs, director and officer liability insurance costs and costs related to compliance. We expect that our administrative
expenses will increase as we enlarge 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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Administrative Expenses Payable to Related Parties</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 administrative expenses payable to related parties
include cash remuneration of our executive officers and directors.</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>Share Based Payments</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 operate an equity-settled, share based compensation
plan. The value of the service received in exchange of the grant of shares is recognized as an expense. The total amount to be expensed
over the vesting period, if any, is determined by reference to the fair value of the share awards at the grant date. The relevant expense
is recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding impact
in equity.</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>&#160;Impairment Loss and Reversal of Previously
Recognized Impairment Losses</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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We assess at each reporting date whether there
is an indication that a vessel that we own may be impaired. The vessel&#8217;s recoverable amount is estimated when events or
changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value
exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the
greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted
to their present value using a discount rate that reflects current market assessments of the time value of money and the risks
specific to the vessel. Impairment losses are recognized in the consolidated statement of comprehensive income/(loss). A previously
recognized impairment loss is reversed only if there has been a change in the estimates used to determine the asset&#8217;s
recoverable amount since the last impairment loss was recognized. If that is the case, the carrying amount of the asset is increased
to its recoverable amount. That increased amount cannot exceed the carrying amount that would have been determined, net of
depreciation, had no impairment loss been recognized for the asset in prior years. Such reversal is recognized in the consolidated
statement of comprehensive income/(loss). After such a reversal, the depreciation charge is adjusted in future periods to allocate
the asset&#8217;s revised carrying amount, less any residual value, on a systematic basis over its remaining useful life. As of
December 31, 2020 and 2019, the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts
and recognized an impairment loss of approximately $4.6 and $29.9 million, respectively. As of December 31, 2021, no impairment
indicators were identified for the Company&#8217;s vessels as the vessels&#8217; recoverable amounts exceeded their carrying
amounts.</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 also assess at each reporting date whether there is any indication that
an impairment loss recognized in prior periods for a vessel may no longer exist or may have decreased. A previously recognised impairment
loss is reversed only if there has been a change in the estimates used to determine the asset&#8217;s recoverable amount since the last
impairment loss was recognised. If that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased
amount cannot exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised
for the asset in prior years. Such reversal is recognised in the consolidated statement of comprehensive income/(loss). After such a reversal,
the depreciation charge is adjusted in future periods to allocate the asset&#8217;s revised carrying amount, less any residual value,
on a systematic basis over its remaining useful life. As of December 31, 2021, no indicators for reversal of impairment were present and
no reversal of previously recognized impairment losses is required for the financial year ended December 31, 2021.</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>

<!-- Field: Page; Sequence: 76 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b>Gain/(Loss) on Sale of Vessels</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">Gain or loss on the sale of vessels is the residual
value remaining after deducting from the vessels&#8217; sale proceeds, the carrying value of the vessels at the respective date of delivery
to their new owners and the total expenses associated with the sale.</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Other (Expenses)/Income, Net</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 include other operating expenses or income that
is not classified otherwise. It mainly consists of provisions for insurance claims deductibles and refunds from insurance claims.</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>Interest Income from Bank Balances &amp; Bank Deposits</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 earn interest on the funds we have deposited with
certain banks as well as from short-term certificates of deposit.</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>Interest Expense and Finance Costs</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 incur interest expense and financing costs in connection
with the indebtedness under our credit arrangements. We also incurred financing costs in connection with establishing those arrangements,
which is included in our finance costs and amortization and write-off of deferred finance charges. As of December 31, 2021, 2020 and 2019,
we had $31.75 million, $37 million and $41.1 million of indebtedness outstanding under our then existing credit arrangements, respectively.
We incurred interest expense and financing costs relating to our outstanding debt as well as our available but undrawn credit facilities,
if any. We will incur additional interest expense in the future on our outstanding borrowings and under future borrowings to finance future
acquisitions. Please see &#8220;Item 5.B. Liquidity and Capital Resources&#8212;Indebtedness&#8221; for further information.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Gain/ (Loss) on Derivative Financial Instruments</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">Derivative financial instruments, including embedded
derivative financial instruments, are initially recognized at fair value on the date a derivative contract is entered into and are subsequently
remeasured at fair value. Changes in the fair value of these derivative instruments are recognized immediately in the income statement
component of the consolidated statement of comprehensive income/(loss).</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Foreign Exchange Gains/ (Losses), Net</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 generate substantially all of our revenues from
the trading of our vessels in U.S. dollars but incur a portion of our expenses in currencies other than the U.S. dollar. We convert U.S.
dollars into foreign currencies to pay for our non-U.S. dollar expenses, which we then hold on deposit until the date of each transaction.
Fluctuations in foreign exchange rates create foreign exchange gains or losses when we mark-to-market these non-U.S. dollar deposits.
Because a portion of our expenses is payable in currencies other than the U.S. dollar, our expenses may from time to time increase relative
to our revenues as a result of fluctuations in exchange rates, which could affect the amount of net income that we report in future periods.</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>

<!-- Field: Page; Sequence: 77 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->78<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b>Factors Affecting Our 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">We believe that the important measures for analyzing
trends in our results of operations consist of the following:</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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Ownership days</i>. We define ownership days as the aggregate number of days in a period during which each vessel in our fleet has been owned by us. Ownership days are an indicator of the size of our fleet over a period and affect both the amount of revenues and the amount of expenses that we record during a period.</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Available days</i>. We define available days as the number of our 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. The shipping industry uses available days to measure the number of days in a period during which vessels should be capable of generating revenues.</span></td></tr>
  </table>
<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"></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: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Operating days</i>. Operating days are the number of available days in a period 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. The shipping industry uses operating days to measure the aggregate number of days in a period during which vessels generate revenues.</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Fleet utilization</i>. We calculate fleet utilization by dividing the number of our operating days during a period by the number of our available days during the period. The shipping industry uses fleet utilization to measure a company&#8217;s efficiency in finding suitable employment for its vessels and minimizing the amount of days that its vessels are off-hire for reasons other than scheduled repairs or repairs under guarantee, vessel upgrades and special surveys.</span></td></tr>
  </table>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>Average number of vessels</i>. We measure average number of vessels 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>
<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: top">
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 3%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 94%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt"><i>TCE rates</i>. We define TCE rates as our revenue less net revenue from our bareboat charters less voyage expenses during a period divided by the number of our available days during the period excluding bareboat charter days, which is consistent with industry standards. TCE is a non-GAAP measure. TCE rate is a standard shipping industry performance measure used primarily to compare daily earnings generated by vessels on time charters with daily earnings generated by vessels on voyage charters, because charter hire rates for vessels on voyage charters are generally not expressed in per day amounts while charter hire rates for vessels on time charters generally are expressed in such amounts.</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">The following table reflects our ownership days, available
days, operating days, average number of vessels and fleet utilization for the periods indicated.&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td colspan="9" style="border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 13.8pt; text-align: center"><span style="font-size: 10pt"><b>&#160;Year&#160;Ended&#160;December&#160;31,</b></span></td>
    </tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt"><b>2019</b></span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt"><b>2018</b></span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt"><b>2017</b></span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; width: 61%; padding-right: 0.8pt; padding-left: 9pt; text-indent: -9pt"><span style="font-size: 10pt">Ownership days</span></td>
    <td style="vertical-align: top; width: 7%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">2,594</span></td>
    <td style="vertical-align: top; width: 1%; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; width: 7%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,894</span></td>
    <td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; width: 7%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,825</span></td>
    <td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; width: 7%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,825</span></td>
    <td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; width: 7%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,825</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt; padding-left: 9pt; text-indent: -9pt"><span style="font-size: 10pt">Available days</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">2,531</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,778</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,788</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,755</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,787</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.8pt; padding-left: 9pt; text-indent: -9pt"><span style="font-size: 10pt">Operating days</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">2,477</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,733</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,756</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,723</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">1,745</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt; padding-left: 9pt; text-indent: -9pt"><span style="font-size: 10pt">Fleet utilization</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">97.9%</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">97.5%</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">98.2%</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">98.2%</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">97.6%</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.8pt; padding-left: 9pt; text-indent: -9pt"><span style="font-size: 10pt">Average number of vessels</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">7.1</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">5.2</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">5.0</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">5.0</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">5.0</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt; padding-left: 9pt; text-indent: -9pt"><span style="font-size: 10pt">Daily time charter equivalent (TCE) rate*</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;16,627</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;&#8239;5,210</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p><span style="font-size: 10pt">$&#8239;&#8239;&#8239;7,564</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p><span style="font-size: 10pt">$&#8239;&#8239;&#8239;9,213</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;&#8239;6,993</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">*Amounts subject to rounding.</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 utilize TCE because we believe it is a
meaningful measure to compare period-to-period changes in our performance despite changes in the mix of charter types (i.e., voyage
charters, spot charters and time charters) under which our vessels may be employed between the periods. Our management also utilizes
TCE to assist them in making decisions regarding employment of our vessels. We believe that our method of calculating TCE is
consistent with industry standards and is determined by dividing revenue after deducting voyage expenses, and net revenue from our
bareboat charters, by available days for the relevant period excluding bareboat charter days. Voyage expenses primarily consist of
brokerage commissions and port, canal and fuel costs that are unique to a particular voyage, which would otherwise be paid by the
charter under a time charter contract.</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>

<!-- Field: Page; Sequence: 78 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->79<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">The following table reflects the Voyage Revenues to
Daily Time Charter Equivalent (&#8220;TCE&#8221;) Reconciliation for the periods presented.</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="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="9" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>&#160;Year&#160;Ended&#160;December&#160;31,</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 colspan="9" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">&#160;(Expressed&#160;in&#160;Thousands&#160;of&#160;U.S.&#160;Dollars, except&#160;number&#160;of&#160;days&#160;and&#160;daily </span> <span style="font-size: 10pt">TCE&#160;rates)</span></td></tr>
  <tr>
    <td style="width: 60%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td>
    <td style="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2019</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2018</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2017</b></span></td></tr>
  <tr style="background-color: White">
    <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="text-align: right; 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 colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" 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: 10pt">Voyage revenues</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">43,211</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">11,753</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">15,623</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">17,354</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">13,852</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Less: Voyage expenses</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#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">1,128</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#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">2,490</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#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">2,098</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#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">1,188</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#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">1,352</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Net revenue </span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">42,083</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">9,263</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">13,525</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">16,166</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">12,500</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Available days net of bareboat charter days</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,531</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,778</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,788</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,755</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,787</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Daily TCE rate*</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">16,627</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">5,210</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">7,564</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">9,213</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">6,993</span></td></tr>
  </table>
<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">*Amounts subject to rounding.</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>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">The following is a discussion of our operating results
for the year ended December 31, 2021 compared to the year ended December 31, 2020 and for the year ended December 31, 2020 compared to
the year ended December 31, 2019. Variances are calculated on the numbers presented in the discussion over operating results.</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: 36pt"><b><i>Year ended December 31, 2021
compared to the year ended December 31, 2020</i></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 December 31, 2021 and 2020, our fleet consisted
of nine (four Supramaxes, four Kamsarmaxes and one Panamax) with an aggregate carrying capacity of 626,257 dwt and six (four Supramaxes,
one Kamsarmax and one Panamax) with an aggregate carrying capacity of 381,738 dwt, respectively. During the years ended December 31, 2021
and 2020 we had an average of 7.1 and 5.2 dry bulk vessels in our fleet, 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"> For the year ended December 31, 2021, we had an
operating income of $17.9 million, while for  the year ended December 31, 2020, we had an operating loss of $11.4 million.</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"><i>Voyage revenues.</i> Voyage revenues increased
by $31.4 million, or 266%, to $43.2 million in 2021, compared to $11.8 million in 2020. The increase is primarily attributable to the
increase in average TCE rates. In 2021, we had total operating days of 2,477 and fleet utilization of 97.9%, compared to 1,733 operating
days and a fleet utilization of 97.5% in 2020. The foregoing fleet utilization percentage are based upon the available days of each vessel,
being the number of our 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. We also had 2,593 and 1,894 ownership days in 2021 and 2020, respectively, which
increase is primarily due to our acquisition of additional vessels.</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"><i>Voyage expenses.</i> Voyage expenses decreased
by $1.4 million, or 56%, to $1.1 million in 2021, compared to $2.5 million in 2020. This decrease is attributed to the higher employment
of our vessels in 2021 compared to 2020 where due to the outbreak of COVID-19 virus there were considerably longer periods that our vessels
were travelling seeking employment.</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"><i>Vessel operating expenses.</i>
Vessel operating expenses increased by $5.2 million, or 61%, to $13.8 million in 2021, compared to $8.6 million in 2020. The breakdown
of our operating expenses for the year 2021 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: top; background-color: rgb(204,238,255)">
    <td style="width: 20%; padding-right: 0.8pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt">Crew expenses</span></td>
    <td style="width: 20%; padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;55%</span></td>
    <td style="background-color: White; width: 60%">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt">Repairs and spares</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;18%</span></td>
    <td>&#160;</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt">Insurance</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;&#160;&#160;8%</span></td>
    <td style="background-color: White">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt">Stores</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;12%</span></td>
    <td>&#160;</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;&#160;&#160;4%</span></td>
    <td style="background-color: White">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt">Other</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;&#160;&#160;3%</span></td>
    <td>&#160;</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; background-color: #FDFDFD">The increase is mainly attributed to the increase of the fleet from 5.2
vessels on average for 2020 to 7.1 vessels on average for 2021. The increase is also partly attributed to the increase of the daily operating
expenses of the vessels. Daily vessel operating expenses were $5,325 in 2021 compared to $4,531 in 2020, representing an increase of 18%,
which 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 2020 as most countries were on lockdown due to COVID-19.</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; background-color: #FDFDFD"></p>

<!-- Field: Page; Sequence: 79 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->80<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Depreciation.</i> Depreciation charge during
the year ended December 31, 2021 reached $3.9 million compared to $2.4 million during 2020. This is mainly attributed to the
increase of the fleet from 5.2 vessels on average for 2020 to 7.1 vessels on average for 2021. During the fourth quarter of 2021, we
adjusted the scrap rate from $300/ton to $380/ton due to the increased scrap rates worldwide. This resulted to a decrease of
$145,000 to the depreciation charge included in the consolidated statement of comprehensive income/(loss) for 2021.</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"><i>Depreciation of dry-docking costs</i>. Depreciation
of dry-docking costs increased by $1.5 million, or 115%, to $2.8 million in 2021, compared to $1.3 million in 2020. This is due to the
increase of the fleet and the increased cost of dry-dockings that two of our vessels underwent in 2021 and subsequently resulted to a
higher depreciation charge.</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"><i></i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Administrative expenses.</i> Administrative expenses
increased by $0.7 million or 37% to $2.6 million in 2021 from $1.9 million in 2020 mainly due to the increase of personnel expenses by
approximately $360,000 from approximately $1.0 million in 2020 to approximately $1.4 million in 2021 and audit fees by approximately $72,000,
from approximately $143,000 in 2020 to approximately $215,000 in 2021.</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"><i>Administrative expenses payable to related parties.</i>
Administrative expenses payable to related parties decreased by $0.5 million,
or 26%, to $1.4 million in 2021 compared to $1.9 million in 2020. This is mainly attributed to the one-time cash bonus of $1.5 million
to the consultant pursuant to the consultancy agreement in 2020. In addition, in December  2021, the Company agreed to pay a one-time
cash bonus of $1.5 million to Goldenmare Limited pursuant to the consultancy agreement, half of which is to be paid immediately and the
other half during 2022, if at the time of the payment Mr. Athanasios Feidakis remains CEO and the consultant has not terminated its consultancy
agreement.</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"><i>Share-based payments.</i> Share-based payments
for 2021 and 2020 amounted to $40,000.</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"><i>Impairment Loss. </i>As of December 31, 2021,
the Company performed an assessment on whether there were indicators that a vessel(s) may be impaired, and no impairment indicators
were identified for the Company&#8217;s vessels. During the first quarter of 2020, the Company concluded that the recoverable
amounts of the vessels were lower than their respective carrying amounts and recognized an impairment loss of $4.6 million. No
further impairment was recorded during the remaining quarters of 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"><i>Interest expense and finance costs.</i> Interest
expense and finance costs decreased by $0.9 million, or 21%, to $3.3 million in 2021, compared to $4.2 million in 2020. This decrease
is mainly attributed to the lower margin we achieved through the new loan agreement with CIT Bank in May 2021, which was used to refinance
the EnTrust Loan Facility. Our weighted average interest rate for 2021 was 5.69% compared to 9.44% during 2020. Total borrowings outstanding
as of December 31, 2021 amounted to $31.75 million compared to $37 million as of December 31, 2020. Our sole current credit facility is
denominated in U.S. dollars.</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"><i>Gain / (Loss) on derivative financial
instruments. </i>Following the new loan facility with CIT Bank N.A., we entered into an Interest Rate Swap agreement on May 10, 2021
and recognized a loss of $162,000 in the consolidated statement of comprehensive income/(loss). For the year ended  December 31,
2021, the Company recognized a gain of approximately $181,000, approximately $325,000 gain is according to the Interest Rate Swap
valuation minus approximately $144,000 was the interest for the Interest Rate Swap during the year ended December 31,2021, and is
included in the consolidated statement of comprehensive income/(loss). For the year ended December 31, 2020 the loss on the
derivative financial instruments is mainly attributed to the conversions and the repayment of the Convertible Note. Further to the
conversion clause included into the Convertible Note during the first half of 2020 a total amount of approximately $1.2 million,
principal and accrued interest, was converted to common shares with the conversion price of $100 per share and a total number of
approximately 11,678 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 income/(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
income/(loss).</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>

<!-- Field: Page; Sequence: 80 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->81<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-indent: 36pt"></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>Year ended December 31, 2020
compared to the year ended December 31, 2019</i></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 December 31, 2020 and 2019, our fleet consisted
of six (four Supramaxes, one Kamsarmax and one Panamax) with an aggregate carrying capacity of 381,738 dwt and five dry bulk vessels (four
Supramaxes and one Panamax) with an aggregate carrying capacity of 300,571 dwt, respectively. During the years ended December 31, 2020
and 2019 we had an average of 5.2 and 5.0 dry bulk vessels in our fleet, 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">During the year ended December 31, 2020, we had an
operating loss of $11.4 million, while during the year ended December 31, 2019, we had an operating loss of $33.6 million.</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"><i>Voyage revenues.</i> Voyage revenues decreased
by $3.8 million, or 24%, to $11.8 million in 2020, compared to $15.6 million in 2019. The decrease is primarily attributable to a decrease
in average TCE rates. In 2020, we had total operating days of 1,733 and fleet utilization of 97.5%, compared to 1,756 operating days and
a fleet utilization of 98.2% in 2019. The foregoing fleet utilization percentage are based upon the available days of each vessel, being
the number of our 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. We also had 1,894 and 1,825 ownership days in 2020 and 2019, 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"><i>Voyage expenses.</i> Voyage expenses increased
by $0.4 million, or 19%, to $2.5 million in 2020, compared to $2.1 million in 2019. This increase is attributed to the more expensive
low sulphur fuel we needed to procure for our vessels in order to comply with the IMO&#8217;s low sulphur fuel oil requirement, which
cuts sulphur levels from 3.5% to 0.5% and became effective as of January 1, 2020. Another factor that contributed to the increase was
the considerably longer periods that our vessels were travelling seeking employment due to the decrease of demand, which is attributed
to the outbreak of COVID-19 virus.</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"><i>Vessel operating expenses.</i>
Vessel operating expenses decreased by $0.3 million, or 3%, to $8.6 million in 2020, compared to $8.9 million in 2019. The breakdown of
our operating expenses for the year 2020 was as follows:</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; background-color: #FDFDFD"></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: rgb(204,238,255)">
    <td style="width: 20%; padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Crew expenses</span></td>
    <td style="width: 20%; padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">57%</span></td>
    <td style="background-color: White; width: 60%">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Repairs and spares</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">18%</span></td>
    <td>&#160;</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Insurance</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;&#160;8%</span></td>
    <td style="background-color: White">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Stores</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;&#160;9%</span></td>
    <td>&#160;</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;&#160;5%</span></td>
    <td style="background-color: White">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other</span></td>
    <td style="padding-right: 0.8pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">&#160;&#160;3%</span></td>
    <td>&#160;</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; background-color: #FDFDFD">The decrease is mainly
attributed to the decrease of the daily operating expenses of the vessels. Daily vessel operating expenses were $4,531 in 2020 compared
to $4,867 in 2019, representing a decrease of 7%. The decrease is partly attributed to the decrease of crew traveling expenses as due
to COVID-19 there are restrictions on travelling in many jurisdictions and it is increasingly hard, if not restrictive, for our crews
to be relieved by new crew members.</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"><i>Depreciation.</i> Depreciation charge during the
year ended December 31, 2020 reached $2.4 million compared to $4.7 million during 2019. This is mainly attributed to the impairment loss
of $4.6 million and $29.9 million we recognized in the first quarter of 2020 and in December 2019, respectively, as the recoverable amounts
of the vessels were lower than their respective carrying amounts.</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"><i>Depreciation of dry-docking costs</i>. Depreciation
of dry-docking costs decreased by $0.4 million, or 24%, to $1.3 million in 2020, compared to $1.7 million in 2019. This is due to the
increased cost of dry-dockings that three of our vessels underwent in 2018 and subsequently resulted to a higher depreciation charge in
2019.</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"><i>Administrative expenses.</i> Administrative expenses
increased by $0.3 million or 19% to $1.9 million in 2020 from $1.6 million in 2019 mainly due to the increase of Directors and Officers
insurance premium by approximately $93,000 from approximately $77,000 in 2019 to approximately $170,000 in 2020 and audit fees by approximately
$45,000, from approximately $98,000 in 2019 to approximately $143,000 in 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"><i>Administrative expenses payable to related parties.</i>
Administrative expenses payable to related parties increased by $1.5 million, or 375%, to $1.9 million in 2020 compared to $0.4 million
in 2019. This is mainly attributed to the agreement in December 2020 to increase the consultancy fees of Goldenmare Limited, an affiliated
entity of our CEO, from &#8364;200,000 to &#8364;400,000 per annum and additionally a one-time cash bonus of $1.5 million to the consultant
pursuant to the consultancy agreement.</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"><i>Share-based payments</i>. Share-based payments
for 2020 and 2019 amounted to $40,000.</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>

<!-- Field: Page; Sequence: 81 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->82<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Impairment Loss. </i>During the first quarter
of 2020, the Company concluded that the recoverable amounts of the vessels were lower than their respective carrying amounts and recognized
an impairment loss of $4.6 million. No further impairment was recorded during the remaining quarters of 2020. As of December 31, 2019,
the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized an impairment
loss of $29.9 million.</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"><i>Interest expense and finance costs.</i> Interest
expense and finance costs decreased by $0.5 million, or 11%, to $4.2 million in 2020, compared to $4.7 million in 2019. This decrease
is mainly attributed to the prepayment fees and the write off of unamortized loan fees for the early termination of Macquarie Loan Agreement
during 2019. Our weighted average interest rate for 2020 was 9.44% compared to 8.66% during 2019. Total borrowings outstanding as of December
31, 2020 amounted to $37 million compared to $41.1 million as of December 31, 2019. All of our credit and loan facilities in effect in
2019 and 2020 were denominated in U.S. dollars.</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"><i>Gain / (Loss) on derivative financial instruments.
</i>For the year ended December 31, 2020 the loss on the derivative financial instruments is mainly attributed to the conversions and
the repayment of the Convertible Note. Further to the conversion clause included into the Convertible Note during the first half of 2020
a total amount of approximately $1.2 million, principal and accrued interest, was converted to common shares with the conversion price
of $100 per share and a total number of approximately 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 income/(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
income/(loss). For the year ended December 31, 2019, the gain on the derivative financial instruments is mainly attributed to the valuation
of the Convertible Note.</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Inflation</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">Inflation has only a moderate effect on our expenses
given current economic conditions. In the event that significant global inflationary pressures appear, these pressures would increase
our operating, voyage, administrative and financing costs.</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>Critical Accounting Policies</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The discussion and analysis of our financial condition
and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with IFRS as issued
by the IASB. The preparation of those consolidated financial statements requires us to make estimates and judgments that affect the reported
amounts of assets and liabilities, revenues and expenses and related disclosure of contingent assets and liabilities at the date of our
consolidated financial statements. Actual results may differ from these estimates under different assumptions and 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">Critical accounting policies are those that reflect
significant judgments of uncertainties and potentially result in material different results under different assumptions and conditions.
We have described below what we believe are our most critical accounting policies, because they generally involve a comparatively higher
degree of judgment in their application. For a description of all our significant accounting policies, see Note 2 to our consolidated
financial statements included in this annual report on Form 20-F.</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"><i>Impairment and reversal of previously recognized
impairment of Long-Lived Assets:</i> We assess at each reporting date whether there is an indication that a vessel may be impaired or
previously recognized impairment losses shall be reversed. Impairment losses or reversal of previously recognized impairment losses are
recognized in the consolidated statement of comprehensive income/(loss).</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 vessel&#8217;s recoverable amount is estimated
when events or changes in circumstances indicate the carrying value may not be recoverable or when there is an indication that an impairment
loss recognized in prior periods for a vessel may no longer exist or may have decreased.</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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If such indication exists and where the carrying value
exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the greater
of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted to their
present value using a discount rate that reflects current market assessments of the time value of money and the risks specific to the
vessel. This assessment is made at the individual vessel level as separately identifiable cash flow information for each vessel is available.
We determine the fair value of our assets based on management estimates and assumptions and by making use of available market data and
taking into consideration third party valuations.</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>

<!-- Field: Page; Sequence: 82 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->83<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Discounted future cash flows for each vessel are
usually determined and compared to the vessel&#8217;s carrying value. For the discount factor in 2020, we applied the Weighted
Average Cost of Capital rate that was calculated to be 4.06% as at December 31, 2020. The projected net discounted future cash flows
for the first year were determined by considering an estimate daily time charter equivalent based on the most recent blended (for
modern and older vessels) FFA (i.e., Forward Freight Agreements) time charter rate for the remaining year of 2020 for each type of
vessel. For the remaining useful life of the vessels, we used the historical ten-year blended average one-year time charter rates
substituting for the year 2016 that was considered as extreme value, with the year 2010. Expected outflows for scheduled vessels
maintenance were taken into consideration as well as vessel operating expenses assuming an average annual increase rate of
approximately 1% based on the historical trend deriving from actual results for the Company&#8217;s vessels since their delivery
under Company&#8217;s technical management. The average time charter rates used were in line with the overall chartering strategy,
especially in periods/years of depressed charter rates; reflecting the full operating history of vessels of the same type and
particulars with the Company&#8217;s operating fleet (Supramax, Panamax and Kamsarmax vessels with a deadweight tonnage of more than
50,000, 70,000 and 80,000, respectively) and they covered at least one full business cycle. Effective fleet utilization was assumed
at 87% and 90% (including ballast days) for the Supramaxes and the Panamaxes/Kamsarmaxes, respectively, taking into account the
period(s) each vessel is expected to undergo her scheduled maintenance (drydocking and special surveys), as well as an estimate of
the period(s) needed for finding suitable employment and off-hire for reasons other than scheduled maintenance, assumptions in line
with the Company&#8217;s expectations for future fleet utilization under the current fleet deployment strategy.</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">In addition, in terms of our estimates for the charter
rates for the unfixed period, at the beginning of 2021 we consider that the FFA for the remaining year of 2021, which is applied in our
model for the first year which is not fixed, approximates historical low levels and fully reflects the conceivable downside scenario.
</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">As at March 31, 2020, we concluded that the recoverable
amounts of the vessels were lower than their carrying amounts and recognized an impairment loss of $4.6 million. As at December 31, 2020,
we concluded that the recoverable amounts of the vessels were higher than their carrying amounts and concluded that no additional impairment
loss should be recognized. As at December 31, 2021, we performed an assessment on whether there were indicators that a vessel(s) may be
impaired and no impairment indicators were identified for the Company&#8217;s vessels.</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">A previously recognized impairment loss is reversed
only if there has been a change in the estimates used to determine the asset&#8217;s recoverable amount since the last impairment loss
was recognized. If that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot
exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognized for the asset
in prior years. Such reversal is recognized in the consolidated statement of comprehensive income/(loss). After such a reversal, the depreciation
charge is adjusted in future periods to allocate the asset&#8217;s revised carrying amount, less any residual value, on a systematic basis
over its remaining useful life. Such reversal indicators are:</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"></td><td style="width: 18pt"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify">Observable indications that the vessel&#8217;s value has increased significantly, and such increased value
will be sustained for the remaining of its economic useful life.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"></td><td style="width: 18pt"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify">Significant favorable changes in the technological, economic or legal environment that are expected to
positively affect the revenue generating ability of the vessel for the remaining of its economic useful life.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"></td><td style="width: 18pt"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify">Market interest rates of return on investments have decreased during the period, which will result in
sustainable increased profitability.</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended December 31, 2021, we have assessed
current market trends as well as the historical market data, historical market volatility and various qualitative factors and concluded
that no indicators for reversal of impairment were present as of December 31, 2021 and no reversal of previously recognized impairment
losses was required.</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">The carrying value of each of our vessels does not
necessarily represent its fair market value or the amount that could be obtained if the vessel were sold. Our estimates of the market
values assume that the vessels are in good and seaworthy condition without need for repair and, if inspected, would be certified as being
in class without any recommendations of any kind. Because vessel values are highly volatile, these estimates may not be indicative of
either current or future prices that we could achieve if we were to sell any of the vessels. We would not record impairment for any of
the vessels for which the fair market value is below its carrying value unless and until we either determine to sell the vessel for a
loss or determine that the vessel&#8217;s carrying amount is not recoverable.</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">Although we believe that the assumptions used to evaluate
impairment are reasonable and appropriate, these assumptions are highly subjective and we are not able to estimate the variability between
the assumptions used and actual results that is reasonably likely to result in the future.</p>

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

<!-- Field: Page; Sequence: 83 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->84<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 December&#160;31, 2021 and 2020 we owned and
operated a fleet of nine vessels and six vessels, respectively, with an aggregate carrying value of $130.7 and $62.4 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">A vessel-by-vessel carrying value summary as of December&#160;31,
2021 and 2020 follows:</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>

<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: 40%; padding-right: 0.75pt"><span style="font-size: 10pt">Dry bulk Vessels</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">Dwt</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">Year
    Built</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Month
    and Year of Acquisition</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">Purchase
    Price (in millions of U.S. Dollars)</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">Carrying&#160;Value<br />
as of December 31, 2021 (in millions of U.S. Dollars)</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">Carrying&#160;Value<br />
as of December 31, 2020 (in millions of U.S. Dollars)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v River Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">53,627</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2007</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">December 2007</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">57.5</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;7.4</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">7.0</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Sky Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">56,855</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2009</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">May 2010</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">32.8</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;7.0</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">7.7</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Star Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">56,867</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2010</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">May 2010</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">32.8</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;8.9</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;9.4*</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Sun Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">58,790</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2007</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">September 2011</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">30.3</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;8.3</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">9.1</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Moon Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">74,432</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2005</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">June 2011</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">31.4</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;9.9</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">&#160;10.8*</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Galaxy Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">81,167</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2015</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">October 2020</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">18.4</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">17.4</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">18.4</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Diamond Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">82,027</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2018</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">June 2021</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">27.0</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">26.3</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt"><i>-</i></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Power Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">80,655</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2011</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">July 2021</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">16.2</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">17.2</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt"><i>-</i></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.75pt"><span style="font-size: 10pt"><i>m/v Orion Globe</i></span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">81,837</span></td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">2015</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">November 2021</span></td>
    <td style="vertical-align: top; padding-right: 0.8pt; text-align: center"><span style="font-size: 10pt">28.4</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">28.3</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.75pt">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 1.8pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.8pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt"><b>130.7</b></span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 1.8pt; text-align: center"><span style="font-size: 10pt"><b>62.4</b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i></i>&#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"><i>* Indicates vessels which we believe, as of December
31, 2021 and 2020, may have fair values below their carrying values. As of December 31, 2020, we believe that the aggregate carrying value
of these two vessels exceeded their market value by $2.7 million. As of December 31, 2021 the market value of each of our vessels exceeded
its carrying value.</i></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"><i>Vessels, net:</i> Vessels are stated at cost, less
accumulated depreciation (including depreciation of drydocking costs and component attributable to favorable or unfavorable lease terms
relative to market terms) and accumulated impairment losses. Vessel cost consists of the contract price for the vessel and any material
expenses incurred upon acquisition (initial repairs, improvements and delivery expenses, interest and on-site supervision costs incurred
during the construction periods). Any seller&#8217;s credit, which is the amounts received from the seller of the vessels until date of
delivery, is deducted from the cost of the vessel. Subsequent expenditures for conversions and major improvements are also capitalized
when the recognition criteria are met. Otherwise, these amounts are charged to expenses 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"><i>Vessels Depreciation:</i> The cost of each of the
Company&#8217;s vessels is depreciated on a straight-line basis over each vessel&#8217;s remaining useful economic life, after considering
the estimated residual value of each vessel, beginning when the vessel is ready for its intended use. Management estimates that the useful
life of new vessels is 25 years, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight
tonnage and estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted
prospectively, if appropriate. Depreciation is based on the cost of the vessel less its estimated residual value. Secondhand vessels are
depreciated from the date of their acquisition through their remaining estimated useful lives. A decrease in the useful life of a </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">vessel
or in its residual value would have the effect of increasing the annual depreciation charge. When regulations place limitations over the
ability of a vessel to trade on a worldwide basis, its useful life is adjusted to end at the date such regulations become effective. For
the years ended December 31, 2020 and 2019 we maintained the same scrap rate of $300/ton. During the fourth quarter of 2021, the Company
adjusted the scrap rate from $300/ton to $380/ton due to the increased scrap rates worldwide. This resulted to a decrease of approximately
$145,000 of the depreciation charge included in the consolidated statement of comprehensive income/(loss) for 2021.</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"><i>Drydocking costs:</i> Approximately every 2.5 years,
our vessels are required to be taken out of service and removed from water (known as &#8220;drydocking&#8221;) for major repairs and maintenance
that cannot be performed while the vessels are operating. The costs associated with the drydockings are capitalized and depreciated on
a straight-line basis over the period between drydockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management
estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled drydocking of the
vessel under our ownership and this component is depreciated on a straight-line basis over the remaining period through the estimated
drydocking date. Costs capitalized are limited to actual costs incurred, such as shipyard rent, paints and related works and surveyor
fees in relation to obtaining the class certification. If a drydocking is performed prior to the scheduled date, the remaining unamortized
balances of previous drydockings are immediately written off. Unamortized balances of vessels that are sold are written off and included
in the calculation of the resulting gain or loss in the period of the vessel&#8217;s sale.</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"><i>Trade accounts receivables, net:</i> The
amount shown as trade receivables at each financial position date includes estimated recoveries from charterers for hire, freight
and demurrage billings, net of an allowance for doubtful accounts. Trade accounts receivable without a significant financing
component are initially measured at their transaction price and subsequently measured at amortized cost less impairment losses,
which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position date, all potentially
uncollectible accounts are assessed individually for the purpose of determining the appropriate allowance for doubtful accounts.</p>

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

<!-- Field: Page; Sequence: 84 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->85<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Derivative financial instruments:</i> Derivative
financial instruments, including embedded derivative financial instruments, are initially recognized at fair value on the date a derivative
contract is entered into and are subsequently remeasured at fair value. The fair value of these instruments at each reporting date is
derived or corroborated by observable market data or estimated based on inputs from unobservable data. Depending on the type of derivative
financial instrument, inputs include quoted prices for similar assets, liabilities (risk adjusted) and market-corroborated inputs, such
as market comparables, interest rates, risk free rates, yield curves, dividend yields, volatility of quoted market prices and other items
that allow value to be determined. Changes in the fair value of these derivative instruments are recognized immediately in the income
statement component of the consolidated statement of comprehensive income/(loss).</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><i></i></b></p>

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

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"><b><i>B.&#160;&#160;Liquidity
and Capital Resources</i></b></span><span style="font: 8pt Calibri, Helvetica, Sans-Serif">&#160;&#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">Our primary sources of liquidity are cash flow from
operations, cash on hand, equity offerings and credit facility borrowings. We currently use our funds primarily for the acquisition of
vessels generally, fleet renewal and repairs, drydocking for our vessels, payment of dividends (if any), debt repayments and satisfying
working capital requirements as may be needed to support our business. Our ability to continue to meet our liquidity needs is subject
to and will be affected by cash utilized in operations, the economic or business environment in which we operate, shipping industry conditions,
the financial condition of our customers, vendors and service providers, our ability to comply with the financial and other covenants
of our indebtedness, and other factors.</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 believe, given our current cash holdings, if drybulk
shipping rates do not decline significantly from current levels, our capital resources, including cash anticipated to be generated within
the year, are sufficient to fund our operations for at least the next twelve months. Such resources include unrestricted cash and cash
equivalents of $45.2 million as of December 31, 2021, which compares to a minimum liquidity requirement under our CIT Loan Facility of
approximately $5.2 million as of the date of this report. Given the anticipated capital expenditures related to drydockings during 2022
and 2023, respectively, we anticipate to continue to have significant cash expenditures. Refer to &#8220;&#8212;Capital Expenditures&#8221;
below for further details. However, if market conditions were to worsen significantly due to the current COVID-19 pandemic or other causes,
then our cash resources may decline to a level that may put at risk our ability to pay our lender and other creditors. In May 2021, we
entered into an agreement with CIT Bank N.A. for a loan facility of up to $34.25 million bearing interest at LIBOR plus a margin of 3.75%
per annum. The proceeds of this financing were used to repay the outstanding balance of the EnTrust Loan Facility. There mandatory debt
repayments in 2022 under the CIT Loan Facility are $5 million, and we have already paid $1.25 million of such amount.</p>

<p style="font: 12pt 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 December 31, 2021, our CIT Loan Facility contained
covenants that require (1) a minimum loan to value ratio of 75% for the first 18 months of the CIT Loan Facility and thereafter 70% and
(2) a maximum leverage ratio of 0.75:1.00. If the values of our vessels were to decline as a result of COVID-19 or otherwise, we may not
satisfy these requirements. If we do not satisfy these requirement, we will need to post additional collateral or prepay outstanding loans
to bring us back into compliance, or we will need to seek waivers, which may not be available or may be subject to 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">In the future, we may require capital to fund
acquisitions or to improve or support our ongoing operations and debt structure, particularly in light of economic conditions
resulting from the ongoing COVID-19 pandemic, the Russian/Ukraine conflict, and general conditions in the dry bulk market. We may
from time to time seek to raise additional capital through equity or debt offerings, selling vessels or other assets, pursuing
strategic opportunities, or otherwise. We may also from time to time seek to incur additional debt financing from private or public
sector sources, refinance our indebtedness or obtain waivers or modifications to our credit agreements to obtain more favorable
terms, enhance flexibility in conducting our business, or otherwise. We may also seek to manage our interest rate exposure through
hedging transactions. We may seek to accomplish any of these independently or in conjunction with one or more of these actions.
However, if market conditions are unfavorable, we may be unable to accomplish any of the foregoing on acceptable terms or at
all.</p>

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

<!-- Field: Page; Sequence: 85 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->86<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">As of December 31, 2021, we were in compliance with
all financial covenants under the CIT 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">As of December 31, 2021, we had $5.2 million in &#8220;restricted
cash&#8221;. As of December 31, 2021, we had an aggregate debt outstanding of $31.3 million, from the
CIT Loan Facility. Please see &#8220;&#8211;Cash Flows&#8221; below to see our cash position at December 31, 2021.</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">Please see &#8220;Item 5.B. Liquidity and Capital
Resources&#8212;Indebtedness&#8221; for further information about our loan agreements and credit facilities.</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 primary uses of funds have been vessel operating
expenses, general and administrative expenses, expenditures incurred in connection with ensuring that our vessels comply with international
and regulatory standards, financing expenses and repayments of bank loans. We do not have any binding commitments for newbuilding contracts,
although we may enter into them in the future.</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Working capital, which is current assets, minus current
liabilities, amounted to $37.8 million as of December 31, 2021 and to $9.2 million as of December 31, 2020. If we are unable to satisfy
our liquidity requirements, we may not be able to continue as a going concern. Six of our vessels are pledged as collateral to the banks,
and therefore if we were to sell one or more of those vessels, the net proceeds of such sale would be used first to repay the outstanding
debt to which the vessel collateralized, and the remainder, if any, would be for our use, subject to the terms of our remaining loan and
credit arrangements.</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>Cash Flows</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">Cash and cash equivalents were $45.2 million in unrestricted
bank deposits as of December 31, 2021, $19 million in unrestricted bank deposits as of December 31, 2020 and $2.4 million in unrestricted
bank deposits as of December 31, 2019.</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">Restricted cash that consist of cash pledged as collateral
was $5.2 million at the end of 2021, $2.1 million at the end of 2020 and $2.4 million at the end of 2019. We consider highly liquid investments
such as bank time deposits with an original maturity of three months or less to be cash equivalents.</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 0 0 36pt; text-align: justify"><i>Net Cash Generated From / (Used In) Operating
Activities</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net cash generated from operating activities in 2021
amounted to $20.8 million compared to net cash used in operating activities of $6.2 million in 2020. The increase is primarily attributable
to an increase in the general shipping rates and average TCE rates achieved by the vessels in our fleet in 2021.</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">Net cash used in operating activities in 2020 amounted
to $6.2 million compared to net cash generated from operating activities of $0.2 million in 2019. The decrease is primarily attributable
to a decrease in the general shipping rates and average TCE rates achieved by the vessels in our fleet in 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 0 0 36pt; text-align: justify"><i>Net Cash Used In Investing Activities</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net cash used in investing activities was $72 million
during the year ended December 31, 2021, which was mainly attributable to the purchase of Power Globe, Diamond Globe and Orion Globe in
2021.</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">Net cash used in investing activities was $18.5 million
during the year ended December 31, 2020, which was mainly attributable to the purchase of Galaxy Globe in October 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">Net cash used in investing activities was approximately
$20,000 during the year ended December 31, 2019, which was mainly attributable to the purchase of new equipment for the vessels.</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 0 0 36pt; text-align: justify"><i>Net Cash Generated From  Financing
Activities</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net cash generated from financing activities
during the year ended December 31, 2021 amounted to $77.4 million and consisted of $89.6 million proceeds drawn from the issuance of
share capital plus $34.3 million proceeds from our new loan agreement reduced by $0.6 million payment of financing costs for CIT Loan
Facility, $0.4 million of transaction costs that we paid for the issuance of new common shares,, $2.6 million of interest paid, $39.5
million of indebtedness that we prepaid under our former loan facility, a $3.1 million increase of pledged bank deposits and a $0.2 million
repayment of lease liability.</p>

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

<!-- Field: Page; Sequence: 86 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->87<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Net cash generated from financing activities during
the year ended December 31, 2020 amounted to $41.5 million and consisted of $49.3 million proceeds drawn from the issuance of share capital
plus $0.2 million from issuance of warrants, reduced by $1.1 million of transaction costs that we paid for the issuance of new common
shares, $4.2 million of interest paid, $3 million of indebtedness that we repaid under our existing credit and loan facilities, a $0.4
million decrease of pledged bank deposits and a $0.2 million repayment of lease liability.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net cash generated from financing activities during
the year ended December 31, 2019 amounted to $2.1 million and consisted of $1.7 million in proceeds drawn from the Firment Shipping Credit
Facility entered into for financing general working capital needs, $37 million drawn from EnTrust Loan Facility and $5 million proceeds
from the Convertible Note, reduced by $13.5 million of indebtedness that we repaid on the Macquarie Loan Agreement and $22.2 million of
indebtedness that we repaid on the Hamburg Commercial Loan Facility, a $1.1 million increase of pledged bank deposits, a $0.9 million
payment of financing costs for EnTrust Loan Facility, a $30,000 repayment of lease liability and $3.9 million of interest paid.</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Indebtedness</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 operate in a capital-intensive industry which requires
significant amounts of investment, and we fund a portion of this investment through long-term bank debt.</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 December 31, 2021, 2020 and 2019, we and our
vessel-owning subsidiaries had outstanding borrowings under the DVB Loan Agreement, the Hamburg Commercial Loan Agreement, the Firment
Shipping Credit Facility, the Macquarie Loan Agreement, the Convertible Note, the EnTrust Loan Facility and the CIT Loan Facility of an
aggregate of $31.75 million, $37 million and $41.1 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; text-indent: 36pt"><i>Hamburg Commercial Loan Agreement</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In February 2015, through our wholly owned subsidiaries,
Devocean Maritime Ltd. Domina Maritime Ltd. and Dulac Maritime S.A., we entered into the Hamburg Commercial Loan Agreement for an amount
up to $30.0 million with Hamburg Commercial Bank Ag (formerly known as HSH Nordbank AG) and used funds borrowed thereunder with the purpose
to part refinance our then existing credit facility with Credit Suisse. On March 3, 2015, $29.4 million was drawn. As at June 27, 2019,
the balances of all tranches of $20.8 million were fully repaid using the proceedings 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; text-indent: 36pt"><i>Firment Shipping Credit Facility</i></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November 2018, we entered into a credit
facility for up to $15 million with Firment Shipping Inc., a related party to us, for the purpose of financing our general working
capital needs, which facility was amended and restated on May 8, 2020. The Firment Shipping Credit Facility was unsecured and
remained available until its final maturity date at October 31, 2021, as amended. We had the right to drawdown any amount up to $15
million or prepay any amount in multiples of $100,000. Any prepaid amount could have been
re-borrowed. Interest on drawn and outstanding amounts was charged at 3.5% per annum until December 31, 2020, and thereafter at 7%
per annum. No commitment fee was charged on the amounts remaining available and undrawn. Interest was payable the last day of a
period of three months after the drawdown date, after this period in case of failure to pay any sum due a default interest of 2% per
annum above the regular interest was charged. We had also the right, in our sole option, to convert in whole or in part the
outstanding unpaid principal amount and accrued but unpaid interest under this Agreement into common shares. The conversion price
would have equaled the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock on the
Principal Market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. over the
Pricing Period multiplied by 80%, where the &#8220;Pricing Period&#8221; equals the ten consecutive trading days immediately
preceding the date on which the conversion notice was executed or (ii) $280.00.</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 Firment Shipping Credit Facility required
that Athanasios Feidakis remain our Chief Executive Officer and that Firment</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Shipping Inc. maintain at least a 40% shareholding
in us, other than due to actions taken by Firment Shipping Inc., such as sales of shares. The Company obtained waivers from Firment Shipping
Inc. waiving this obligation in connection with the public offering on June 22, 2020, the registered direct offerings on June 30, 2020,
July 21, 2020, December 7, 2020, January 29, 2021, February 17, 2021 and June 29, 2021, and the issuances of the 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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On July 27, 2020, the Company repaid the total outstanding
principal and interest of the Firment Shipping Credit Facility amounting to approximately $863,000. On October 31,
2021, the Firment Shipping Credit Facility expired in accordance with its terms.</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>

<!-- Field: Page; Sequence: 87 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->88<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-indent: 36pt"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Macquarie Loan Agreement</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In December 2018, through our wholly owned subsidiaries,
Artful Shipholding S.A. (&#8220;Artful&#8221;) and Longevity Maritime Limited (&#8220;Longevity&#8221;), we entered into the Macquarie
Loan Agreement for an amount up to $13.5 million with Macquarie Bank International Limited and used funds borrowed thereunder to refinance
part of the repayment of the existing DVB Loan Agreement for the m/v Moon Globe and m/v Sun Globe. Globus acted as guarantor for this
loan. In December 2018, $6 million (Artful Advance) and $7.5 million (Longevity Advance) were drawn down for the purpose of partly refinancing
the existing DVB Loan Agreement for m/v <i>Moon Globe</i> and m/v <i>Sun Globe</i>, respectively. As at June 28, 2019, the balance of
all tranches of $13 million was fully repaid using the proceedings 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; text-indent: 36pt"><i>Convertible Note</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">On March 13, 2019, we signed a securities purchase
agreement with a private investor and on the same date issued, for gross proceeds of $5 million, a senior convertible note (the &#8220;Convertible
Note&#8221;) that was convertible into shares of the Company&#8217;s </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">common stock, par value $0.004 per share. If not converted or redeemed
beforehand pursuant to the terms of the Convertible Note, the Convertible Note was scheduled to mature on March 13, 2020, the first anniversary
of its issue, but its holder waived the Convertible Note&#8217;s maturity until March 13, 2021. The Convertible Note was issued in a transaction
exempt from registration under the Securities Act of 1933, as amended (the &#8220;Securities Act&#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">The Company signed a registration rights agreement
with the private investor pursuant to which we agreed to register for resale the shares that could be issued pursuant to the Convertible
Note, and subsequently filed a registration statement registering the resale of the maximum number of common shares issuable pursuant
to the Convertible Note, including payment of interest on the notes through its maturity date, determined as if the Convertible Note (including
interest) was converted in full at the lowest price at which the note may convert pursuant to its terms. The registration rights agreement
contained liquidated damages if we were unable to register for resale the shares into which the convertible note may convert, and maintain
such registration.</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 December 31, 2019, the amount outstanding with
respect to the Convertible Note was $3,308,750. On June 25, 2020, the Company repaid the total outstanding principal and interest of the
Convertible Note amounting to approximately $2.5 million.</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: 36pt"><i>EnTrust Loan Facility</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 24, 2019, the Company drew down $37 million
and fully prepaid the existing loan facilities with Hamburg Commercial Bank AG (formerly known as HSH Nordbank AG) and Macquarie Bank
International Limited. 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 is guaranteed by Globus. The loan facility bears interest at LIBOR plus a margin
of 8.50% (or 10.5% default interest) for interest periods of three months. This loan facility was referred to as 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">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 and on May 10, 2021,
the Company fully prepaid the 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; text-indent: 36pt"><i>CIT Loan Facility</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In May 2021, Globus Maritime Limited entered into&#160;a
term loan facility with CIT Bank, N.A., relating to the refinancing of our ships, the <i>River Globe</i>, <i>Sky Globe</i>, <i>Star Globe</i>,
<i>Moon Globe</i>, <i>Sun Globe</i>, and <i>Galaxy Globe</i>. The borrowers under the CIT Loan Facility are Devocean Maritime Ltd., Domina
Maritime Ltd, Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited and the CIT Loan Facility
is guaranteed by Globus Maritime Limited.</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 loan agreement was for the lesser of $34,250
and 52.5% of the aggregate market value of our ships. We drew an aggregate of $34,250 at closing and used a significant portion of
the proceeds to fully repay the amounts outstanding under our loan agreement with EnTrust. We also entered into a swap agreement with
respect to LIBOR. We paid CIT Bank an upfront fee in the amount of 1.25% of the total commitment of the loan.</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>

<!-- Field: Page; Sequence: 88 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->89<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 consists of six tranches, which
shall be repaid in 20 consecutive quarterly instalments with each instalment in an aggregate amount of $1,250,000 as well as a balloon
payment in an aggregate amount of $9,250,000 due together with the 20th and final instalment due in August 2026.</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 bears interest at LIBOR plus
3.75% (or 5.75% default interest). Following any permanent or indefinite cessation of any tenor for LIBOR used for purposes of the CIT
Loan (or earlier based on market conditions as notified by CIT Bank), LIBOR shall be replaced with SOFR as the benchmark rate, subject
to certain exceptions.</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 may be prepaid. If the prepayment
occurs on or before May 10, 2022, the prepayment fee is 2% of the amount prepaid, subject to certain exceptions. If the prepayment occurs
on or before May 10, 2023 but after May 10, 2022, the prepayment fee is 1% of the amount prepaid, subject to certain exceptions. We cannot
reborrow any amount of the CIT Loan that is prepaid or repaid.</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 is secured by:</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">&#8226; First preferred mortgage over <i>m/v River
Globe</i>, <i>m/v Sky Globe</i>, <i>m/v Star Globe</i>, <i>m/v Moon Globe</i>, <i>m/v Sun Globe </i>and <i>m/v Galaxy Globe</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226; Guarantee from Globus Maritime Limited and
joint liability of the six vessel owning companies (each of which is a borrower under the CIT 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">&#8226; Shares pledges respecting each borrower.</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">&#8226; Pledges of bank accounts, a pledge of each
borrower&#8217;s rights under any interest rate hedging agreement in respect of the CIT Loan Facility, a general assignment over each
ship's earnings, insurances and any requisition compensation in relation to that ship, and an assignment of the rights of Globus with
respect to any indebtedness owed to it by the borrowers.</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 are not permitted, without the written consent
of CIT, to enter into a charter the duration of which exceeds or is capable of exceeding, by virtue of any optional extensions, 12 months.</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 contains various covenants requiring
the vessels owning companies and/or Globus Maritime Limited to, among other things, ensure that:</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%">
  <tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">-</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">The borrowers, must maintain a minimum liquidity at all times of not less than $500,000 for each mortgaged ship.</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">-</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">For the first 18 months of the utilization of the loan, a minimum loan to value ratio of 75% and thereafter 70%.</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">-</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Each borrower must maintain in its earnings account $150,000 in respect of each ship then subject to a mortgage.</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">-</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Globus Maritime Limited must maintain cash in an amount of not less than $150,000 for each ship that it owns that is not subject to a mortgage as part of the CIT Loan.</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">-</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">Globus Maritime Limited must have a maximum leverage ratio of 0.75:1.00.</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 24px">&#160;</td>
    <td style="width: 24px"><span style="font-size: 10pt">-</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">If Globus Maritime Limited pays a dividend, subject to certain exceptions, then the debt service coverage ratio (i.e., aggregate EBITDA of Globus Maritime Limited for any period to the debt service for such period) after such dividend and for the remain of the CIT Loan Facility  shall be at least 1.15:1.00.</span></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; text-align: justify">Each borrower must create a reserve fund in the reserve
account to meet the anticipated dry docking and special survey fees and expenses for the relevant ship owned by it and (for certain ships)
the installation of ballast water treatment system on the ship owned by it by maintaining in the reserve account a minimum credit balance
that may not be withdrawn (other than for the purpose of covering the documented and incurred costs and expenses for the next special
survey of that ship). Amounts must be paid into this reserve account quarterly, such that $1,200,000 is set aside by each borrower for
its ship&#8217;s special survey, except for Serena Maritime Limited, who is required to set aside quarterly payments that aggregate to
$900,000.</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">No borrower shall incur or permit to be outstanding
any financial indebtedness except &#8220;Permitted Financial Indebtedness.&#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">&#8220;Permitted Financial Indebtedness&#8221; means:</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">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any financial
indebtedness incurred under the finance documents;</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)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the indebtedness
under the EnTrust loan, which has been repaid;</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>

<!-- Field: Page; Sequence: 89 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->90<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;any financial
indebtedness (including permitted inter-company loans) that is subordinated to all financial indebtedness incurred under the finance documents
pursuant to a subordination agreement or, in the case of any permitted inter-company loans pursuant to the CIT Loan Facility or otherwise
and which is, in the case of any such financial indebtedness of a borrower (other than financial indebtedness arising out of any permitted
inter-company loan), the subject of subordinated debt security; and</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">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;in relation
to a ship, any trade debt on arm's length commercial terms reasonably incurred in the ordinary course of owning, operating, trading, chartering,
maintaining and repairing that ship, which, (i) until 90 days from May 10, 2021 does not exceed $500,000 (or the equivalent in any other
currency) in aggregate in respect of that ship and remains unpaid; and (b) on and from the date falling after 90 days from May 10, 2021
is (x) up to $50,000 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid for more
than 90 days of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice, the date
on which that borrower becomes aware that the invoice is due and remains outstanding; and (y) is more than $50,000 and does not exceed
$500,000 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid for more than 30 days
of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice, the date on which that
borrower becomes aware that the invoice is due and remains outstanding.</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">Globus Maritime Limited is prohibited from making
dividends (other than up to $500,000 annually on or in respect of its preferred share) in cash or redeem or repurchase its shares unless
there is no event of default under the CIT Loan Facility, the net loan to value ratio is less than 60% before the making of the dividend
and Globus Maritime Limited is in compliance with the debt service coverage ratio, and Globus Maritime Limited must prepay the CIT Loan
Facility in an equal amount of the dividend.</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 also prohibits certain changes
of control, including, among other things, the delisting of Globus from the Nasdaq or another internationally recognized stock exchange,
or the acquisition by any person or group of persons (acting in concert) of a majority of the shareholder voting rights or the ability
to appoint a majority of board members or to give directions with respect to the operating and financial policies of Globus Maritime Limited
with which the directors are obliged to comply, other than those persons disclosed to CIT Bank on or around the date of the CIT Loan Facility
and their affiliates and immediate family members.</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">As at December 31, 2021, the Company was in compliance
with the covenants of the CIT Loan Facility. We believe that the CIT Loan Facility is adequate to meet our needs for the foreseeable
future based on our current vessel ownership.</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>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Financial Instruments</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">The major trading currency of our business is the
U.S. dollar. Movements in the U.S. dollar relative to other currencies can potentially impact our operating and administrative expenses
and therefore our operating results.</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 believe that we have a low risk approach to treasury
management. Cash balances are invested in term deposit accounts, with their maturity dates projected to coincide with our liquidity requirements.
Credit risk is diluted by placing cash on deposit with a variety of institutions in Europe, including a small number of banks in Greece,
which are selected based on their credit ratings. We have policies to limit the amount of credit exposure to any particular financial
institution.</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 December 31, 2021, 2020 and 2019, we did not
use any financial instruments designated in our consolidated financial statements as those with hedging purposes.</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>Capital Expenditures</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 make capital expenditures from time to time in
connection with our vessel acquisitions or vessel improvements.</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, we 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"></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>

<!-- Field: Page; Sequence: 90 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->91<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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, we 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;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On November 29, 2021, we took delivery of the m/v
&#8220;Orion Globe&#8221;, a 2015-built Kamsarmax dry bulk carrier, through its subsidiary, Salaminia Maritime Limited, for a purchase
price of $28.4 million financed with available cash. The m/v &#8220;Orion Globe&#8221; was built at Tsuneishi Zosen in Japan and has a
carrying capacity of 81,837 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">We have no binding agreements to purchase any additional
vessels but may do so in the future. We expect that any purchases of vessels will be paid for with cash from operations, with funds from
new credit facilities from banks with whom we currently transact business, with loans from banks with whom we do not have a banking relationship
but will provide us funds at terms acceptable to us, with funds from equity or debt issuances or any combination thereof.</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 incur additional capital expenditures when our
vessels undergo surveys. This process of recertification may require us to reposition these vessels from a discharge port to shipyard
facilities, which will reduce our operating days during the period. The loss of earnings associated with the decrease in operating days,
together with the capital needs for repairs and upgrades, is expected to result in increased cash flow needs. We expect to fund these
expenditures with cash on hand.</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; text-indent: 36pt"><b><i>C.&#160;&#160;Research and
Development, Patents and Licenses, etc.</i></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 incur, from time to time, expenditures relating
to inspections for acquiring new vessels that meet our standards. Such expenditures are insignificant and they are expensed as they incur.</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: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"><b><i></i></b></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"><b><i>D.&#160;&#160;Trend
Information</i></b></span><span style="font: 8pt Calibri, Helvetica, Sans-Serif">&#160;&#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 0 10pt; text-align: justify">Our results of operations depend primarily
on the charter rates earned by our vessels. Over the course of 2021, the BDI registered a low of 1,303 on February 10, 2021 and a high
of 5,650 on October 7, 2021.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Since the start of the financial crisis in
2008 the performance of the BDI has been characterized by high volatility, as the growth in the size of the dry bulk fleet outpaced growth
in vessel demand for an extended period of time.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><span style="background-color: white">Specifically,
in the period from 2010 to 2020, the size of the fleet in terms of deadweight tons grew by an annual average of about 6.0% while the
corresponding growth in demand for dry bulk carriers grew by 3.1%, resulting in a drop of about 61% in the value of the BDI over the
period. In 2021, the total size of the dry bulk fleet rose by about 3.6%, compared to demand growth of 4.1%, which resulted in a 176%
increase in the BDI. </span>Clarkson&#8217;s projects that the supply of dry bulk vessels, as measured in cargo-carrying capacity, will
increase 4.7% from 2021-2023<span style="background-color: white">.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Charter (or hire) rates paid for dry bulk vessels
are generally a function of the underlying balance between vessel supply and demand. Over the past 25 years, dry bulk cargo charter rates
have passed through cyclical phases and changes in vessel supply and demand have created a pattern of rate &#8220;peaks&#8221; and &#8220;troughs.&#8221;
Generally, short-term or spot/voyage charter rates will be more volatile than time charter rates, as they reflect short term movements
in demand and market sentiment. The BDI remained significantly depressed from 2008-2018. In 2019 the BDI was volatile and ranged from
595 on February 11, 2019 to as high as 2,518 on September 3, 2019. In 2020, the BDI ranged from a low of 393 on May 14, 2020 to a high
of 2,097 on October 6, 2020. In 2021, the BDI rose to a high of 5,650 on October 7, 2021 and had a low of 1,303 on February 10, 2021.
During calendar year 2022 to date, the BDI has ranged from a high of 2,727 (on March 14, 2022) to a low of 1,296 (on January 26, 2022).</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">In the beginning of 2022, the forecast for World GDP
was expected to increase by 4.4% for the year 2022 and 3.8% for the year 2023, yet many analysts now predict a negative effect on 0.2%-
1% due to the hostilities between Russia and Ukraine.</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 black sea region is an important area for dry
bulk shipping, as major grain cargoes are loaded and transported in the black sea for worldwide discharging. As hostilities continue to
escalate, we are aware that these grain volumes may be sourced elsewhere. This means increased ton miles for the dry bulk fleets as these
commodities will need to be sourced possibly from the USG or ECSA areas, and travel to the far east. As a result, the coal trade flows
may be significantly affected especially in the event that countries and regions decide to move away from Russian sourced energy commodities;
these then will have to be sourced from elsewhere - potentially through faraway overseas routes. There is no doubt that if the hostilities
continue there will be significant volatility and increased uncertainty with a huge impact on the dry bulk market, and it remains to be
seen whether that impact will be negative.</p>

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

<!-- Field: Page; Sequence: 91 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->92<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">The dry bulk orderbook stands at 63.4 million dwt,
or 6.7% as percentage of the world&#8217;s total dry bulk fleet. Specifically, it is 6.7% for the Capesize segment, 8.3% or the Panamax
(Kamsarmax) segment and 6% for the Handymax segment. The fleet orderbook comprises deliveries of 25.2 million dwt, or 2.7%, for 2022 and
26.9 million dwt, or 2.8%, for 2023.</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">Please read &#8220;Item 4.B.&#160;&#160;Information
on the Company&#8212;Business Overview,&#8221; Item 5.A. Operating and Financial Review and Prospects&#8212;Operating Results&#8221; and
&#8220;Item 5.A. Operating and Financial Review and Prospects&#8212;B. Liquidity and Capital Resources.&#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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>E.&#160;&#160;Critical Accounting
Estimates</i></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">Because we apply in our primary financial statements
IFRS as issued by the IASB, we are not required to discuss information about our critical accounting estimates here.</p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_009"></span>Item 6.&#160;&#160;Directors, Senior Management
and Employees</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-indent: 36pt"><b><i>A. Directors and Senior Management</i></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">The following table sets forth information regarding
our executive officer, our directors and our secretary. Our articles of incorporation provide for a board of directors serving staggered,
three-year terms, other than any members of our board of directors that may serve at the option of the holders of preferred shares, if
any are issued with relevant appointment powers. The term of our Class I directors expires at our annual general meeting of shareholders
in 2023, the term of our Class II directors expires at our annual general meeting of shareholders in 2024, and the term of our Class III
directors expires at our annual general meeting of shareholders in 2022. Officers are appointed from time to time by our board of directors
and hold office until a successor is appointed or their employment is terminated. The business address of each of the directors and officers
is c/o Globus Shipmanagement Corp., 128 Vouliagmenis Avenue, 3rd Floor, 166 74 Glyfada, Attica, Greece.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</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: rgb(204,238,255)">
    <td style="border-bottom: Black 0.5pt solid; padding-right: 0.8pt"><span style="font-size: 10pt"><b>Name</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 0.8pt"><span style="font-size: 10pt"><b>Position</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: left; padding-right: 0.8pt"><span style="font-size: 10pt"><b>Age</b></span></td>
    <td style="background-color: White">&#160;</td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; width: 20%; padding-right: 0.8pt"><span style="font-size: 10pt">Georgios Feidakis</span></td>
    <td style="width: 1%">&#160;</td>
    <td style="vertical-align: top; width: 20%; padding-right: 0.8pt"><span style="font-size: 10pt">Director, Chairman of the Board of Directors</span></td>
    <td style="width: 1%">&#160;</td>
    <td style="text-align: left; vertical-align: top; width: 10%; padding-right: 0.8pt"><span style="font-size: 10pt">71</span></td>
    <td style="width: 48%">&#160;</td>
    </tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Ioannis Kazantzidis</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Director</span></td>
    <td>&#160;</td>
    <td style="text-align: left; padding-right: 0.8pt"><span style="font-size: 10pt">71</span></td>
    <td style="background-color: White">&#160;</td>
    </tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Jeffrey O. Parry</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Director</span></td>
    <td>&#160;</td>
    <td style="text-align: left; padding-right: 0.8pt"><span style="font-size: 10pt">62</span></td>
    <td>&#160;</td>
    </tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Athanasios Feidakis</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Director, President, Chief Executive Officer, Chief Financial Officer</span></td>
    <td>&#160;</td>
    <td style="text-align: left; padding-right: 0.8pt"><span style="font-size: 10pt">35</span></td>
    <td style="background-color: White">&#160;</td>
    </tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Olga Lambrianidou</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Secretary</span></td>
    <td>&#160;</td>
    <td style="text-align: left; padding-right: 0.8pt"><span style="font-size: 10pt">66</span></td>
    <td>&#160;</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Georgios (&#8220;George&#8221;) Feidakis</b>, a
Class III director, is our founder and has served as our non-executive chairman of the board of directors since inception. Mr. George
Feidakis is also the major shareholder and Chairman of F.G. Europe S.A., a company Mr. George Feidakis has been involved with since 1994,
and acts as a director and executive for several of its subsidiaries. FG Europe is active in four lines of business and distributes well-known
brands in Greece, the Balkans, Turkey, Italy and UK. FG Europe is also active in the air-conditioning and white/brown electric goods market
in Greece and ten other countries in Europe as well as in the production of renewal energy. Mr. George Feidakis is also the director and
chief executive officer of R.F. Energy S.A., a company that plans, develops and controls the operation of energy projects, and acts as
a director and executive for several of its subsidiaries. As of January 31, 2017, Mr. Feidakis is the majority shareholder of Eolos Shipmanagement
SA. Mr. Feidakis is also a principal shareholder of Cyberonica S.A., a family-owned business and our landlord since inception.</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>Athanasios (&#8220;Thanos&#8221;) Feidakis</b>,*
a Class I director was appointed to our board of directors in July 2013. In December 2015, Mr. Athanasios Feidakis was also appointed
our President, CEO and CFO. From October 2011 through June 2013, Mr. Athanasios Feidakis worked for our operations and chartering department
as an operator. Prior to that and from September 2010 to May 2011, Mr. Athanasios Feidakis worked for ACM, a shipbroking firm, as an S&amp;P
broker, and from October 2007 to April 2008, he worked for Clarksons, a shipbroking firm, as a chartering trainee on the dry cargo commodities
chartering and on the sale and purchase of vessels. From April 2011 to April 2016, Mr. Athanasios Feidakis was a director of F.G. Europe
S.A., a company controlled by his family, specializing in the distribution of well-known brands in Greece, the Balkans, Turkey, Italy
and UK. From December 2008 to December 2015, Mr. Athanasios Feidakis was the President of Cyberonica S.A., a family-owned company specializing
in real estate development. Mr. Athanasios Feidakis holds a B.Sc. in Business Studies and a M.Sc. in Shipping Trade and Finance from the
Cass Business School (City University London) and an MBA from London School of Economics. In addition, Mr. Athanasios Feidakis has professional
qualifications in dry cargo chartering and operations from the Institute of Chartered Shipbrokers.</p>

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

<!-- Field: Page; Sequence: 92 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->93<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b>Jeffrey O. Parry</b>, a Class II director, has
served as our director since July 2010. Mr. Parry is currently the president of Mystic Marine Advisors LLC, a Connecticut based firm
providing strategic advice and execution for turnaround and emerging companies and their stakeholders which he founded in 1998. As of
April 2021, Mr. Parry is a member of the board of advisors of Elevai Labs, Inc. a California based skin care company. Mr. Parry was chairman
of the board of directors of TBS Shipping Limited from April 2012 until March 2018. From July 2008 to October 2009, he was president
and chief executive officer of Nasdaq-listed Aries Maritime Transport Limited. Mr. Parry holds a B.A. from Brown University and an MBA
from Columbia University.</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>Ioannis Kazantzidis</b>, a Class I director, was
appointed to our board in November 2016 to fill a vacancy in our board of directors. Mr. Kazantzidis has been the principal of Porto Trans
Shipping LLC, a shipping and logistics company based in the United Arab Emirates, since 2007. Between 1987 to 2007, Mr. Kazantzidis was
with HSBC Group, where he served in managerial positions participating in the development and implementation of financial systems in multiple
locations. Mr. Kazantzidis has since 2009 been a Director of Saeed Mohammed Heavy Equipment Trading LLC, a general trading company, based
in Jebel Ali, UAE. Mr. Kazantzidis has served as the Chairman of Nazaki Corporation, a private investment company based in the British
Virgin Islands, since 1988. Mr. Kazantzidis has served, from 2015 to 2018, as the Chairman of W.M.Mendis Hotel Pvt Ltd in the Republic
of Sri Lanka. From 1989 to 2015, he was the Chairman of Fishermans Wharf Pvt Ltd, and a director of Dow Corning Lanka Pvt Ltd from 2000
to 2013 and Propasax Pvt Ltd from 2010 to 2015.</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>Olga Lambrianidou</b>, our secretary, has been
a corporate consultant to the Company since November 2010, and was appointed as secretary to the Company in December 2012. Prior to joining
Globus, Ms. Lambrianidou was the Corporate Secretary and Investor Relations Officer of NewLead Holdings Ltd., formerly known as Aries
Maritime Limited from 2008 to 2010, and of DryShips Inc., a dry bulk publicly trading shipping company from 2006 to 2008. Ms. Lambrianidou
was Corporate Secretary, Investor Relations Officer and Human Resources Manager with OSG Ship Management (GR) Ltd., formerly known as
Stelmar Shipping Ltd. from 2000 to 2006. Prior to 2000, Ms. Lambrianidou worked in the banking and insurance fields in the United States.
She holds a BBA Degree in Marketing/English Literature from Pace University and an MBA Degree in Banking/Finance from the Lubin School
of Business of Pace University in New York.</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">*Athanasios Feidakis is the son of our Chairman, George
Feidakis. Other than the aforementioned, there are no other family relationships between any of our directors or senior management. There
are no arrangements or understandings with major shareholders, customers, suppliers or others, pursuant to which any person referred to
above was selected as a director or member of senior management. See, however, the covenants of our CIT Loan Facility.</p>

<p style="font: 12pt 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 Company is not aware of any agreements or arrangements
between any director and any person or entity other than the Company relating to the Compensation or other payments in connection with
such director&#8217;s candidacy or service as a director of the Company.</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; text-indent: 0.5in"><b><i>B.&#160;&#160;Compensation</i></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">In August 2016, the Company entered into a consultancy
agreement with Goldenmare Limited, an affiliated company of our CEO, Mr. Athanasios Feidakis, for the purpose of providing consulting
services to the Company in connection with the Company&#8217;s international shipping and capital raising activities, including but not
limited to assisting and advising the Company&#8217;s CEO. The annual fees for the services provided previously amounted to &#8364;200,000.
Goldenmare Limited is eligible to receive bonus compensation (whether in the form of cash and/or equity and/or quasi-equity awards) for
the services provided and such bonus shall be determined by the Remuneration Committee or the Board of the Company. If the Company terminates
the agreement without cause, or either party terminates after a change of control of the Company, then we will pay the consultant double
the annual consulting fees plus the average annual bonus (including the value of equity awards) granted to the consultant throughout
the term of the consultancy agreement. In December 2020, we agreed to increase the consultancy fees of Goldenmare Limited from &#8364;200,000
to &#8364;400,000 per annum and additionally pay a one-time cash bonus of $1.5 million pursuant to the consultancy agreement, all of which
bonus was paid in 2021. In addition, in December  2021, we agreed to pay a one-time cash bonus of $1.5 million to Goldenmare Limited
pursuant to the consultancy agreement, half of which is to be paid immediately and the other half during 2022, if at the time of the
payment Mr. Athanasios Feidakis remains chief executive officer and the consultant has not terminated its consultancy agreement. At
the time of the filing of the annual report on Form 20-F, none of the bonus approved in 2022 has been paid. Each of our other directors
has a contract relating to his appointment as a director.</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>

<!-- Field: Page; Sequence: 93 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->94<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">In 2021, the aggregate remuneration that should have
been paid for our executive officer or a consultant affiliated with our executive officer amounted to approximately $1.2 million, but
we paid approximately $231,000 and owed approximately $985,000 as of December 31, 2021. In 2022, we paid approximately $10,000 of the
owed amount. The aggregate remuneration that should have been paid for our executive officer or a consultant affiliated with our executive
officer in 2020 was approximately $1.8 million (and we paid $200,000 in 2020 and $1.6 million in 2021) and was approximately $224,000
in 2019.</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 aggregate compensation, including bonuses,
actually paid to members of our senior management (namely, only our Chief Executive Officer) or a consultant for which an executive officer
is an affiliate (including amounts that were owed from previous years) was approximately $1.9 million in 2021, $650,000 in 2020, and
$49,000 in 2019. Our senior management received no common shares in 2021, 2020 and 2019. In addition, we owed our senior management or
a consultant affiliated with our senior management, $985,000, $1.7 million and $557,000 on December 31, 2021, 2020 and 2019, respectively.
We currently owe our senior management or a consultant affiliated with our senior management an aggregate of $975,000.</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 aggregate compensation other than share
based compensation actually paid to our non-executive directors in 2021 was $120,000, in 2020 was approximately $311,250 and in 2019
was $30,000. In addition, in 2021, 2020 and 2019, non-executive directors (excluding our non-executive Chairman, Mr. George
Feidakis) received an aggregate of 12,178 common shares, 2,812 common shares and 180 common shares, respectively. As of December 31,
2021, we had not yet paid our non-executive directors the cash amounts that we agreed to pay them for their prior service; such
amount in the aggregate was $105,000 for 2021, which amount was paid in 2022. In addition, in 2022 we agreed to change how we
compensate our non-executive directors. In the aggregate, the annual service fee for each of our directors (based on their current
roles and committee seats) is $80,000 based on the annual service fees, committee fees, and other similar fees.</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 Greek employees are bound by Greek labor law,
which provides certain payments to these employees upon their dismissal or retirement. We accrued as of December 31, 2021 a non-current
liability of approximately $114,000 for such payments.</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 do not have a retirement plan for our officers
or directors.</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; text-indent: 36pt"><b><i>C.&#160;&#160;Board Practices</i></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 board of directors and executive officer oversee
and supervise our operations.</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">Each director holds office until his successor is
elected or appointed, unless his office is earlier vacated in accordance with the articles of incorporation or with the provisions of
the BCA. In addition to cash compensation, we historically paid each of Mr. Kazantzidis and Mr. Parry $20,000 in common shares annually,
however, in 2022 we changed our policies and each of our directors receives cash payments as further detailed in &#8220;Item 6.B. Directors,
Senior Management and Employees&#8212;Compensation.&#8221; The members of our senior management are appointed to serve at the discretion
of our board of directors. Our board of directors and committees of our board of directors schedule regular meetings over the course of
the year. Under the Nasdaq rules, we believe that Mr. Ioannis Kazantzidis and Mr. Parry are independent.</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 have an Audit Committee, a Remuneration Committee
and a Nomination Committee.</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 Audit Committee is comprised of Ioannis Kazantzidis
and Jeffrey O. Parry. It is responsible for ensuring that our financial performance is properly reported on and monitored, for reviewing
internal control systems and the auditors&#8217; reports relating to our accounts and for reviewing and approving all related party transactions.
Our board of directors has determined that Ioannis Kazantzidis is our audit committee financial expert. Each Audit Committee member has
experience in reading and understanding financial statements, including statements of financial position, statements of comprehensive
income and statements of cash flows.</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 Remuneration Committee is comprised of Jeffrey
O. Parry, Athanasios Feidakis, and Ioannis Kazantzidis. It is responsible for determining, subject to approval from our board of directors,
the remuneration guidelines to apply to our executive officer, secretary and other members of the executive management as our board of
directors designates the Remuneration Committee to consider. It is also responsible for suggesting the total individual remuneration packages
of each director including, where appropriate, bonuses, incentive payments and share options. The Remuneration Committee is responsible
for declaring dividends on our Series A Preferred Shares, if any. The Remuneration Committee will also liaise with the Nomination Committee
to ensure that the remuneration of newly appointed executives falls within our overall remuneration policies. While Athanasios Feidakis
is not an independent director, we believe that, as our Chief Executive Officer, he has a substantial vested interest in our success and
his particular input will significantly aid and assist us.</p>

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

<!-- Field: Page; Sequence: 94 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->95<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Nomination Committee is comprised of George Feidakis,
Ioannis Kazantzidis and Jeffrey O. Parry. It is responsible for reviewing the structure, size and composition of our board of directors
and identifying and nominating candidates to fill board positions as necessary.</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">For information about the term of each director, see
&#8220;Item 6. Directors, Senior Management and Employees - A. Directors and Senior Management&#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; text-indent: 36pt"><b><i>D.&#160;&#160;Employees</i></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 December 31, 2021, we had 20 full-time employees
and two consultants that we hired directly. All of our employees are located in Greece and are engaged in the service and management
of our fleet. None of our employees are covered by collective bargaining agreements, although certain crew members (which are not our
employees but hired through crewing agents) are parties to collective bargaining agreements. We do not employ a significant number of
temporary employees.</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; text-indent: 36pt"><b><i>E.&#160;&#160;Share Ownership</i></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">With respect to the total number of common shares
owned by our executive officer and our directors, individually and as a group, please read &#8220;Item 7.&#160;Major Shareholders and
Related Party Transactions.&#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"><b>Incentive program </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 maintain an equity incentive program, because we
believe that equity awards are important to align our employees&#8217; interests with those of our shareholders. Our equity incentive
program is administered by our Remuneration Committee or, in certain circumstances, our board of directors. The Remuneration Committee
generally measures our performance in terms of total shareholder return, which is calculated based on changes in our share price and our
dividends paid over a calendar year, which we refer to as TSR.</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 board of directors believe that these awards keep
our employees focused on our growth, as well as dividend growth and its impact on our share price, over an extended time period.</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 2012 Equity Incentive Plan of Globus Maritime
Limited, or the &#8220;EIP,&#8221; provides for the award of stock options, stock appreciation rights, restricted stock, restricted stock
units and unrestricted stock, for directors, officers and employees (including any prospective officer or employee) of our Company and
our subsidiaries and affiliates and consultants and service providers (including individuals who are employed by or provide services to
any entity that is itself such a consultant or service provider) to our Company and our subsidiaries and affiliates, with the goal of
providing such persons the incentive to enter into and remain in the service of the Company or its affiliates, acquire a proprietary interest
in the success of the Company,&#160;maximize their performance and&#160;enhance the long-term performance of the Company. The EIP was
amended August 12, 2016 to clarify that the full board of directors may act as plan administrator.</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>Administration</i></b>. The EIP is administered
by the Remuneration Committee of our board of directors, or such other committee of the board of directors designated by the board of
directors (which could be the board of directors itself). We refer to the body administering the EIP as the &#8220;Administrator.&#8221;
The EIP allows the Administrator to delegate its rights to the extent consistent with applicable law and our organizational documents.
The Administrator has the authority to, among other things, designate the persons to receive awards under the EIP; determine the types
of awards granted to a participant under the EIP; determine the number of shares to be covered by, or with respect to which payments,
rights or other matters are to be calculated with respect to, awards; determine the terms and conditions of any awards; determine whether,
and to what extent, and under what circumstances, awards may be settled or exercised in cash, shares, other securities, other awards or
other property, or cancelled, forfeited or suspended, and the methods by which awards may be settled, exercised, cancelled, forfeited
or suspended; determine whether, to what extent, and under what circumstances cash, shares, other securities, other awards, other property
and other amounts payable with respect to an award shall be deferred, either automatically or at the election of the holder thereof or
the Administrator; construe, interpret and implement the EIP and any Award Agreement; prescribe, amend, rescind or waive rules and regulations
relating to the EIP, including rules governing its operation, and appoint such agents as it shall deem appropriate for the proper administration
of the EIP; make all determinations necessary or advisable in administering the EIP; correct any defect, supply any omission and reconcile
any inconsistency in the EIP or any Award Agreement; and make any other determination and take any other action that the Administrator
deems necessary or desirable for the administration of the EIP. The board of directors has the right to alter or amend the EIP.</p>

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

<!-- Field: Page; Sequence: 95 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->96<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><b><i>Number of Shares</i></b>. Subject to adjustment
in the event of any distribution, recapitalization, split, merger, consolidation or similar corporate event, 100,000 of our common shares
are available for delivery pursuant to awards granted under the EIP. Awards may not be paid in cash. Shares subject to an award under
the EIP that are cancelled, forfeited, exchanged, settled in </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">cash or otherwise terminated, including withheld to satisfy exercise prices
or tax withholding obligations, are available for delivery pursuant to other awards. Shares issued pursuant to the EIP may be authorized
but unissued common shares or treasury 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"><b><i>Award Agreements</i></b>. Each award granted
under the EIP shall be evidenced by a written certificate, which we refer to as an Award Agreement, which shall contain such provisions
as the Administrator may deem necessary or desirable and which may, but need not, require execution or acknowledgment by a grantee. Each
Award shall be subject to all of the terms and provisions of the EIP and the applicable Award Agreement.</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>Stock Options</i></b>. A stock option is a right
to purchase shares at a specified price during a specified time period. The EIP permits the grant of options covering our common shares.
The Administrator may make grants under the EIP to participants containing such terms as the Administrator shall determine. No option
shall be treated as an &#8220;incentive stock option&#8221; for purposes of the Code. Stock options granted will become exercisable over
a period determined by the Administrator. Each Award Agreement with respect to an option shall set forth the exercise price of such Award
and, unless otherwise specifically provided in the Award Agreement, the exercise price of an option shall equal the fair market value
of a common share on the date of grant; provided that in no event may such exercise price be less than the greater of the fair market
value of a common share on the date of grant and the par value of a common share.</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>Restricted Shares</i></b>. A restricted share
grant is an award of common shares that vests over a period of time and is subject to forfeiture until it has vested. The Administrator
may determine to make grants of restricted shares under the EIP to participants containing such terms as the Administrator shall determine.
The Administrator will determine the period over which restricted shares granted to participants will vest and the voting provisions.
The Administrator, in its discretion, may base its determination upon the achievement of specified financial objectives.</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>Stock Appreciation Rights</i></b>. A stock appreciation
right is the right, subject to the terms of the EIP and the applicable Award Agreement, to receive from the Company an amount equal to
(i) the excess of the fair market value of a common share on the date of exercise of the stock appreciation right over the exercise price
of the stock appreciation right, multiplied by (ii) the number of shares with respect to which the stock appreciation right is exercised.
Each Award Agreement with respect to a stock appreciation right shall set forth the exercise price of such Award and, unless otherwise
specifically provided in the Award Agreement, the exercise price of a stock appreciation right shall equal the fair market value of a
common share on the date of grant; provided that in no event may such exercise price be less than the greater of (A) the fair market value
of a common share on the date of grant and (B) the par value of a common share. Payment upon exercise of a stock appreciation right shall
be in cash or in common shares (valued at their fair market value on the date of exercise of the stock appreciation right) or any combination
of both, all as the Administrator shall determine. Upon the exercise of a stock appreciation right granted in connection with an option,
the number of shares subject to the option shall be reduced by the number of shares with respect to which the stock appreciation right
is exercised. Upon the exercise of an option in connection with which a stock appreciation right has been granted, the number of shares
subject to the stock appreciation right shall be reduced by the number of shares with respect to which the option is exercised.</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>Restricted Stock Unit</i></b>. A restricted
stock unit is a notional share that entitles the grantee to receive a common share upon the vesting of the restricted stock unit or, in
the discretion of the Administrator, cash equivalent to the value of a common share. The Administrator may determine to make grants of
restricted stock units under the EIP to participants containing such terms as the Administrator shall determine. The Administrator will
determine the period over which restricted stock units granted to participants will vest.</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>Unrestricted Stock</i></b>. The Administrator
may grant (or sell at a purchase price at least equal to par value) common shares free of restrictions under the EIP to available participants
and in such amounts and subject to such forfeiture provisions as the Administrator shall determine. Common shares may be thus granted
or sold in respect of past services or other valid consideration.</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>Tax Withholding</i></b>. At our discretion,
and subject to conditions that the Administrator may impose, a participant may elect that his minimum statutory tax withholding with respect
to an award may be satisfied by withholding from any payment related to an award or by the withholding of shares issuable pursuant to
the award based on the fair market value of the 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"><b><i></i></b></p>

<!-- Field: Page; Sequence: 96 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->97<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>Award Adjustments</i></b>. If the Administrator
determines that any dividend or other distribution (whether in the form of cash, Company shares, other securities or other property),
recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase
or exchange of Company shares or other securities of the Company, issuance of warrants or other rights to purchase Company shares or other
securities of the Company, or other similar corporate transaction or event affects the Company shares such that an adjustment is determined
by the Administrator to be </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">appropriate or desirable, then the Administrator shall, in such manner as it may deem equitable or desirable,
adjust any or all of the number of shares or other securities of the Company (or number and kind of other securities or property) with
respect to which Awards may be granted under the EIP. The Administrator is authorized to make adjustments in the terms and conditions
of, and the criteria included in, Awards in recognition of unusual or nonrecurring events (including the events described above in the
first sentence of this paragraph, the occurrence of a Change in Control (as defined in the EIP) affecting the Company, any affiliate,
or the financial statements of the Company or any affiliate, or of changes in applicable rules, rulings, regulations or other requirements
of any governmental body or securities exchange, accounting principles or law, whenever the Administrator determines that such adjustments
are appropriate or desirable, including providing for adjustment to (1)&#160;the number of shares or other securities of the Company (or
number and kind of other securities or property) subject to outstanding Awards or to which outstanding Awards relate and (2)&#160;the
exercise price with respect to any Award and a substitution or assumption of Awards, accelerating the exercisability or vesting of, or
lapse of restrictions on, Awards, or accelerating the termination of Awards by providing for a period of time for exercise prior to the
occurrence of such event, or, if deemed appropriate or desirable, providing for a cash payment to the holder of an outstanding Award in
consideration for the cancellation of such Award (it being understood that, in such event, any option or stock appreciation right having
a per share exercise price equal to, or in excess of, the fair market value of a share subject to such option or stock appreciation right
may be cancelled and terminated without any payment or consideration therefor).</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>Change in Control</i></b>. Upon a &#8220;change
of control&#8221; (as defined in the EIP), and unless the Administrator decides otherwise:</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: 20.5pt"></td><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">Any Award then outstanding shall become fully vested and any restriction
and forfeiture provisions thereon imposed pursuant to the EIP and the Award Agreement shall lapse and any Award in the form of an option
or stock appreciation right shall be immediately exercisable.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 38.5pt; 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: 20.5pt"></td><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">To the extent permitted by law and not otherwise limited by the terms of
the EIP, the Administrator may amend any Award Agreement in such manner as it deems appropriate.</span></td></tr></table>

<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: 20.5pt"></td><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">An award recipient who is terminated or dismissed from their position for
any reason other than &#8220;for cause&#8221; within one year of the change in control may, for a limited time, exercise any outstanding
option or stock appreciation right, but only to the extent that the grantee was entitled to exercise the Award on the date of his or her
termination of employment or consultancy/service relationship or dismissal from the board of directors.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 38.5pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Termination of Employment or Service</i></b>.
The consequences of the termination of a grantee&#8217;s employment, consulting arrangement, or membership on the board of directors will
be determined by the Administrator in the terms of the relevant Award Agreement. Generally, the Administrator may modify these consequences.
The Administrator can impose any forfeiture or vesting provisions in any Award Agreement.</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-indent: 36pt"><i>2021, 2020, 2019 Grants</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No awards were granted pursuant to the equity incentive
plan during the years ended December 31, 2021, 2020 and 2019, but we issued shares directly to our directors, which was not part of the
equity incentive program.</p>

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

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_010"></span>Item 7.&#160;&#160;Major Shareholders and Related
Party Transactions</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: 36pt"><b><i>A.&#160;&#160;Major Shareholders</i></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">The following table sets forth information concerning
ownership of our common shares as of April 11, 2022 by persons who beneficially own more than 5.0% of our outstanding common shares, each
person who is a director of our company, the executive officer named in this annual report on Form 20-F and our directors and executive
officer as a group.</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">Beneficial ownership of shares is determined under
rules of the SEC and generally includes any shares over which a person exercises sole or shared voting or investment power. Except as
indicated in the footnotes to this table and subject to community property laws where applicable, the persons named in the table have
sole voting and investment power with respect to all shares shown as beneficially owned by them.</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>

<!-- Field: Page; Sequence: 97 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->98<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 numbers of shares and percentages of
beneficial ownership are based on 20,582,301 common shares outstanding on April 11, 2022. All common shares owned by the
shareholders listed in the table below have the same voting rights as the other of our outstanding common 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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The address for our directors and executive officer
is: c/o Globus Shipmanagement Corp., 128 Vouliagmenis Avenue, 3rd Floor, 166 74 Glyfada, Attica, Greece.</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">With respect to the persons who beneficially own
more than 5.0% of our outstanding common shares, we have prepared the following table based on information filed with the SEC, and
we have not sought to verify such information, and have assumed that such information remains current. Ownership and percentage
ownership are determined in accordance with the rules and regulations of the SEC regarding beneficial ownership and include voting
or investment power with respect to common shares. This information does not necessarily indicate beneficial ownership for any other
purpose. In computing the number of common shares beneficially owned by a beneficial holder and the percentage ownership of that
beneficial holder, common shares underlying warrants held by that beneficial holder that are exercisable as of April 11,
2022, or exercisable within 60 days after April 11, 2022, are deemed outstanding. Such common shares, however, are not deemed
outstanding for the purposes of computing the percentage ownership of any other person. The number of common shares owned and
percentages in the table below do give effect to any beneficial ownership blockers contained in any warrants that we have
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">The beneficial ownership information set forth in
the table below is based on beneficial ownership reports furnished to the SEC or information regarding the beneficial ownership of our
common shares delivered to us:</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="background-color: White">
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Name and address of beneficial owner</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt">Number
    of common shares beneficially owned as of April 11, 2022</span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt">Percentage
    of common shares beneficially owned as of April 11, 2022</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; width: 78%; padding-right: 0.8pt"><span style="font-size: 10pt"><b><i>5% Beneficial Owners</i></b></span></td>
    <td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; width: 10%; text-align: right">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="vertical-align: bottom; width: 10%; padding-right: 0.8pt; text-align: right">&#160;</td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Armistice Capital, LLC (1)</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">1,200,000</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">5.8%</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Intracoastal Capital LLC (2)</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">1,959,250</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">8.7%</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Lind Global Macro Fund, LP (3)</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">2,241,200</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">9.8%</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Hudson Bay Master Fund Ltd. (4)</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">2,283,475</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">9.99%</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt"><b><i>Executive Officer and Directors</i></b></span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right">&#160;</td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">George Feidakis (5)</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">761,530</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">3.7%</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Ioannis Kazantzidis</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">7,639</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">*%</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Jeffrey O. Parry</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">7,619</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">*%</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 0.8pt"><span style="font-size: 10pt">Athanasios Feidakis (6)</span></td>
    <td style="vertical-align: bottom; padding-right: 0.8pt">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><span style="font-size: 10pt">118</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">*%</span></td>
    </tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: -3.9pt"><span style="font-size: 10pt"><b><i>Our executive officer and all directors as a group</i></b></span></td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="text-align: right"><span style="font-size: 10pt"><b>776,906 </b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt"><b>3.8*%(6)</b></span></td>
    </tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><i></i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>*Less than 1.0% of the outstanding shares.</i></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>(1) Armistice Capital, LLC is the investment manager
of Armistice Capital Master Fund Ltd. (the &#8220;Armistice Master Fund&#8221;), the direct holder of the common shares, and pursuant
to an Investment Management Agreement, Armistice Capital, LLC exercises voting and investment power over the securities of Globus held
by the Armistice Master Fund and thus may be deemed to beneficially own the securities of Globus held by the Armistice Master Fund. Mr.
Steven Boyd, as the managing member of Armistice Capital, LLC, may be deemed to beneficially own the securities of Globus held by the
Master Fund. The Master Fund specifically disclaims beneficial ownership of the securities of Globus directly held by it by virtue of
its inability to vote or dispose of such securities as a result of its Investment Management Agreement with Armistice Capital, LLC. The
address of the principal business office for Armistice Capital, LLC and Mr. Boyd is 510 Madison Avenue, 7th Floor, New York, New York
10022.</i></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"><i>(2) Mitchell P. Kopin and Daniel B. Asher have
filed a Schedule 13G with the SEC as beneficial owners of the shares beneficially held Intracoastal Capital LLC. All of the 1,959,250
beneficially owned shares held by Intracoastal Capital LLC referenced in the relevant Schedule 13G are in the form of warrants that we
have issued. The principal business office of Mr. Kopin and Intracoastal Capital LLC is 245 Palm Trail, Delray Beach, Florida 33483. The
principal business office of Mr. Asher is 111 W. Jackson Boulevard, Suite 2000, Chicago, Illinois 60604.</i></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"><i>(3) The reporting persons&#8217; ownership consists
of 166,362 common shares and warrants to purchase 2,074,838 common shares. Lind Global Partners LLC, the general partner of Lind Global
Macro Fund, LP, may be deemed to have sole voting and dispositive power with respect to the shares held by Lind Global Macro Fund, LP.
Jeff Easton, the managing member of Lind Global Partners LLC, may be deemed to have sole voting and dispositive power with respect to
the shares held by Lind Global Macro Fund, LP. The address of the principal business office for Lind Global Partners LLC, Lind Global
Macro Fund, LP and Mr. Easton is 444 Madison Ave, Floor 41, New York, NY 10022.</i></p>

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

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

<!-- Field: Page; Sequence: 98 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->99<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>(4) Hudson Bay Capital Management LP, the investment
manager of Hudson Bay Master Fund Ltd., and has voting and investment power over these securities. Sander Gerber is the managing member
of Hudson Bay Capital GP LLC, which is the general partner of Hudson Bay Capital Management LP. Sander Gerber disclaims beneficial ownership
over these securities. All of the 2,283,475 beneficially owned shares held by Hudson Bay Master Fund Ltd referenced in the relevant Schedule
13G are issuable upon exercise of warrants. The address of the business office of each of the such persons is 777 Third Avenue, 30th Floor,
New York, NY 10017.</i></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"><i>(5) Mr. George Feidakis beneficially owns 761,530
common shares through Firment Shipping Inc., a Marshall Islands corporation for which he exercises sole voting and investment power. Mr.
George Feidakis and Firment Shipping Inc., disclaim beneficial ownership over such common shares except to the extent of their pecuniary
interests in such shares. </i></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"><i>When we filed our annual report for the year ended
2020, 2019 and 2018, Mr. George Feidakis beneficially owned less than 1%, 22.1% and 44.3% of our common shares, respectively. Mr. George
Feidakis beneficially owns 3.7% as of the date of the filing of this annual report on Form 20-F.</i></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"><i>(6) Athanasios Feidakis controls Goldenmare Limited,
which owns 10,300 Series B preferred shares. 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%. For a further
description of the Series B preferred shares, see &#8220;Item 10. Additional Information &#8211; B. Memorandum and Articles of Association
&#8211; Preferred Shares&#8221;.</i></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">To the best of our knowledge, except as disclosed
in the table above (including the Series B preferred shares referenced above), we are not owned or controlled, directly or indirectly,
by another corporation or by any foreign government. To the best of our knowledge, there are no agreements in place that could result
in a change of control of us.</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">In the normal course of business, there have been
institutional investors that buy and sell our shares. It is possible that significant changes in the percentage ownership of these investors
will occur.</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: 36pt"><b><i>B.&#160;&#160;Related Party
Transactions</i></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"><b>Lease</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 August 5, 2021, the Company entered into a rental
agreement for 902 square meters of office space for its operations within a building leased by Cyberonica S.A. (an affiliate of our chairman)
at a monthly rate of &#8364;26,000 with a lease period ending August 4, 2024. The previous rental agreement with Cyberonica was terminated,
which agreement had been in place since 2016 and provided for a monthly rate of &#8364;10,360. During the years ended December 31, 2021,
2020 and 2019 fiscal years, the rent charged amounted to $242,000, $141,000 and $139,000, respectively, to Cyberonica S.A for the rental
of office space for our operations. As of December 31, 2021, we did not owe any amount in back rent to Cyberonica S.A.</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>Employment of Relative of Mr. George Feidakis</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 July 1, 2013, Mr. Athanasios Feidakis became
a non-executive director of the Company. Mr. Athanasios Feidakis was previously an employee of the Company and his employment agreement
was terminated when he became a non-executive director. Mr. Athanasios Feidakis was appointed as President, Chief Executive Officer and
Chief Financial Officer as of December 28, 2015 and remains in these positions. He is the son of our chairman of the board of directors,
Mr. George Feidakis.&#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"></p>

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

<!-- Field: Page; Sequence: 99 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->100<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>Firment Shipping Credit Facility</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November 2018, we entered into a credit facility
for up to $15 million with Firment Shipping Inc., a related party to us, for the purpose of financing our general working capital needs,
which facility was amended and restated on May 8, 2020. The Firment Shipping Credit Facility was unsecured and remained available until
its final maturity date of October 31, 2021, as amended, and now has terminated in accordance with its terms. We had the right to drawdown
any amount up to $15 million or prepay any amount in multiples of $100,000. Any prepaid amount could have been re-borrowed. Interest
on drawn and outstanding amounts was charged at 3.5% per annum until December 31, 2020, and thereafter at 7% per annum. No commitment
fee was charged on the amounts remaining available and undrawn. Interest was payable the last day of a period of three months after the
drawdown date, after this period in case of failure to pay any sum due a default interest of 2% per annum above the regular interest
was charged. We had also the right, in our sole option, to convert in whole or in part the outstanding unpaid principal amount and accrued
but unpaid interest under this Agreement into common shares. The conversion price would have equaled the higher of (i) the average of
the daily dollar volume-weighted average sale price for the common stock on the Principal Market on any trading day during the period
beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. over the Pricing Period multiplied by 80%, where the &#8220;Pricing
Period&#8221; equals the ten consecutive trading days immediately preceding the date on which the conversion notice was executed or (ii)
$280.00. On July 27, 2020, the Company repaid the total outstanding principal and interest of the Firment Shipping Credit Facility of
approximately $863,000.</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>Business Opportunities Agreement</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 November 2010, we entered into a business opportunities
arrangement with Mr. George Feidakis. Under this agreement, Mr. George Feidakis was required to disclose to us any business opportunities
relating to dry bulk shipping that may arise during his service to us as a member of our board of directors that could reasonably be expected
to be a business opportunity that we may pursue. Mr. George Feidakis agreed to disclose all such opportunities, and the material facts
attendant thereto, to our board of directors for our consideration and if our board of directors fails to adopt a resolution regarding
an opportunity within seven business days of disclosure, we will be deemed to have declined to pursue the opportunity, in which event
Mr. George Feidakis will be free to pursue it. Mr. George Feidakis is also prohibited for six months after the termination of the agreement
to solicit any of our or our subsidiaries&#8217; senior employees or officers. Mr. George Feidakis&#8217; obligations under the business
opportunities agreement terminated in 2019 because he no longer beneficially owned at least 30% of the combined voting power of all our
outstanding equity.</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>Registration Rights Agreement</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 November 2016, we entered into a registration rights
agreement with Firment Trading Limited, pursuant to which we granted to them and their affiliates (including Mr. George Feidakis and certain
of their transferees), the right, under certain circumstances and subject to certain restrictions to require us to register under the
Securities Act our common shares held by them. Under the registration rights agreement, these persons have the right to request us to
register the sale of shares held by them on their behalf and may require us to make available shelf registration statements permitting
sales of shares into the market from time to time over an extended period. In addition, these persons have the ability to exercise certain
piggyback registration rights in connection with registered offerings requested by shareholders or initiated by us.</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>Consulting Agreements</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 August 18, 2016, the Company entered into a
consultancy agreement with Goldenmare Limited, an affiliated company of our CEO, for the purpose of providing consulting services to
the Company in connection with the Company&#8217;s international shipping and capital raising activities, including but not limited to
assisting and advising the Company&#8217;s CEO. <span style="background-color: white">The annual fees for the services provided amounted
to &#8364;200,000. The consultant is eligible to receive bonus compensation (whether in the form of cash and/or equity and/or quasi-equity
awards) for the services provided and such bonus shall be determined by the Remuneration Committee or the Board of the Company.&#160;
If the Company terminates the agreement without cause, or either party terminates after a change of control of the Company, then we will
pay the consultant double the annual consultancy fee plus the average annual bonus (including the value of equity awards) granted to
the consultant throughout the term of the consultancy agreement. </span> In December 2020, we agreed to increase the consultancy fees
of Goldenmare Limited from &#8364;200,000 to &#8364;400,000 per annum and additionally pay a one-time cash bonus of $1.5 million pursuant
to the consultancy agreement, which has been paid in full in 2021. In addition, in December 2021, we agreed to pay a one-time cash
bonus of $1.5 million to Goldenmare Limited pursuant to the consultancy agreement, half of which is to be paid immediately and the other
half during 2022, if at the time of the payment Mr. Athanasios Feidakis remains chief executive officer and the consultant has not terminated
its consultancy agreement.. At the time of the filing of the annual report on Form 20-F, none of the bonus approved has been paid. Each
of our other directors has a contract relating to his appointment as a director.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<!-- Field: Page; Sequence: 100 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->101<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">&#160;</span></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">On July 15, 2021 we entered into a consultancy agreement
with Eolos Shipmanagement S.A. for the purpose of providing consultancy services to Eolos Shipmanagement S.A. For these services our Manager
receives a daily fee of $1,000. Our chairman of the board is the majority shareholder of Eolos Shipmanagement.</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>Series B Preferred Shares</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">In June 2020, we entered into a stock purchase agreement
and issued 50 of our newly-designated Series B preferred shares, par value $0.001 per share, to Goldenmare Limited, a company controlled
by our Chief Executive Officer, Athanasios Feidakis, in return for $150,000, which amount was settled by reducing, on a dollar for dollar
basis, the amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement. In July 2020, we entered into another
stock purchase agreement and issued an additional 250 of our Series B preferred shares to Goldenmare Limited in return for $150,000. The
$150,000 was paid by reducing, on a dollar for dollar basis, the amount payable by the Company to Goldenmare Limited pursuant to a consultancy
agreement. In addition, we increased the maximum voting rights under the Series B preferred shares from 49.0% to 49.99%. In March 2021,
we entered into another stock purchase agreement and issued an additional 10,000 of our Series B preferred shares to Goldenmare Limited
in return for $130,000, which was settled by reducing, on a dollar for dollar basis, the amount payable by the Company to Goldenmare Limited
pursuant to a consultancy agreement. For a description of the Series B preferred shares, see &#8220;Item 10. Additional Information &#8211;
B. Memorandum and Articles of Association &#8211; Preferred Shares&#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 0 0 36pt; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><b><i>C.&#160;&#160;Interests of Experts
and Counsel</i></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">Not Applicable.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_011"></span>Item 8.&#160;&#160;Financial Information</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 0 0 36pt; text-align: justify"><b><i>A. Consolidated Statements and Other
Financial Information</i></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">See Item 18.</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>Legal Proceedings</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 have not been involved in any legal proceedings
which may have, or have had, a significant effect on our business, financial position, results of operations or liquidity, nor are we
aware of any other proceedings that are pending or threatened which may have a significant effect on our business, financial position,
results of operations or liquidity. From time to time, we may be subject to legal proceedings and claims in the ordinary course of business,
principally personal injury and property casualty claims. We expect that these claims would be covered by insurance, subject to customary
deductibles. Those claims, even if lacking merit, could result in the expenditure of significant financial and managerial resources.</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>Our Dividend Policy and Restrictions on Dividends</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">The declaration, timing and amount of any dividend
is subject to the discretion of our board of directors and will be dependent upon our earnings, financial condition, market prospects,
capital expenditure requirements, investment opportunities, restrictions in our loan agreements, the provisions of the Marshall Islands
law affecting the payment of dividends to shareholders, overall market conditions, reserves established by our board of directors, increased
or unanticipated expenses, additional borrowings and future issuances of securities, and other factors deemed relevant by our board of
directors from time-to-time.</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 have not paid any dividends on our common shares
since 2012. Our dividend policy was historically, but is no longer, to pay to holders of our shares a variable quarterly dividend in excess
of 50% of the net income of the previous quarter subject to any reserves our board of directors may from time to time determine are required.</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>

<!-- Field: Page; Sequence: 101 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->102<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 board of directors may review and amend our dividend
policy from time to time in light of our plans for future growth and other factors.</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 Remuneration Committee will also determine by
unanimous resolution, in its sole discretion, when and to the extent dividends are paid to the holders of our Series A Preferred Shares,
to the extent any are outstanding.</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 are a holding company, with no material assets
other than the shares of our subsidiaries. Therefore, our ability to pay dividends depends on the earnings and cash flow of those subsidiaries
and their ability to pay dividends to us.</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">Marshall Islands law generally prohibits the payment
of dividends other than from surplus (retained earnings and the excess of consideration received from the sale of shares above the par
value of the shares) or while a corporation is insolvent or would be rendered insolvent by the payment of such dividend.</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">Historical dividend payments should not provide any
promise or indication of future dividend payments.</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">If we pay a dividend, the terms of our outstanding
warrants provide that the exercise price shall be decreased by the amount of cash and/or the fair market value of any securities or other
assets paid on each common share in respect of such dividend</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">in order that subsequent thereto upon exercise of the warrants the holder
of the warrants may obtain the equivalent benefit of such dividend.</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">No dividends were declared or paid on our common shares
during the years ended December 31, 2021, 2020, and 2019.</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">No Series A Preferred Shares were outstanding as of
December 31, 2021, 2020, and 2019.</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 CIT Loan Facility imposes certain restrictions
to us with respect to dividend payments. Please see &#8220;Item 5.B. Liquidity and Capital Resources&#8212;Indebtedness.&#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"><b><i>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><b><i>B.&#160;&#160;Significant Changes</i></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">Not Applicable.</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">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_012"></span>Item 9.&#160;&#160;The Offer and Listing</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 common shares trade on the Nasdaq Capital Market
under the ticker &#8220;GLBS.&#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">All of our shares are in registered form. Our articles
of incorporation do not permit the issuance of bearer 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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_013"></span>Item 10.&#160;&#160;Additional Information</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 0 0 36pt; text-align: justify"><b><i>A. Share Capital</i></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">Not Applicable.</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 0 0 36pt; text-align: justify"><b><i>B. Memorandum and Articles of Association</i></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; text-align: justify"><b>Purpose</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">Our objects and purposes, as provided in Section 1.3
of our articles of incorporation, are to engage in any lawful act or activity for which corporations may now or hereafter be organized
under the BCA.</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; text-indent: 36pt"></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"></p>

<!-- Field: Page; Sequence: 102 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->103<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>Authorized Capitalization</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">The authorized number of shares of Globus consists
of (1) 500,000,000 common shares, par value $0.004 per share, (2) 100,000,000 Class B common shares, par value $0.001 per share, which
we refer to as the Class B shares, and (3) 100,000,000 preferred shares, par value $0.001 per share, which we refer to as the preferred
shares No Class B shares have yet been issued. Our articles of incorporation require us at all times to reserve and keep available, out
of our authorized but unissued common shares, such number of common shares as would become issuable upon the conversion of all Class
B shares then outstanding.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Two series of preferred shares have been designated.
No Series A preferred shares and 10,300 Series B preferred shares are presently outstanding. There is no limitation on the right to own
securities or the rights of non-resident shareholders to hold or exercise voting rights on our securities under Marshall Islands law or
our articles of incorporation or bylaws. All of our shares are in registered form. Our articles of incorporation do not permit the issuance
of bearer shares. We do not hold any of our shares in treasury.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have financed our operations through funds raised
in public and private placements of common shares and through debt. We also issued shares to our directors, officers and employees.</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>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Common Shares, Class B Shares, and Series B Preferred
Shares</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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Generally, Marshall Islands law provides that the
holders of a class of stock of a Marshall Islands corporation are entitled to a separate class vote on any proposed amendment to the relevant
articles of incorporation that would change the aggregate number of authorized shares or the par value of that class of shares or alter
or change the powers, preferences or special rights of that class so as to affect the class adversely. Except as described below, holders
of our common shares and Class B shares have equivalent economic rights. Holders of our common shares are entitled to one vote per share,
holders of our Class B shares are entitled to 20 votes per share, and the holder of our Series B preferred shares is entitled to 25,000
votes per share (subject to the limitation described in &#8220;Preferred Shares&#8221; below). Each holder of Class B shares (not including
the Company and the Company&#8217;s subsidiaries) may convert, at its option, any or all of the Class B shares held by such holder into
an equal number of common shares.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Except as otherwise provided by the BCA, holders of
our common shares, Class B shares, and Series B preferred shares will vote together as a single class on all matters submitted to a vote
of shareholders, including the election of directors.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The rights, preferences and privileges of holders
of our shares are subject to the rights of the holders of our Series B preferred shares and any preferred shares which we may issue in
the future.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Holders of our common shares do not have conversion,
redemption or pre-emptive rights to subscribe to any of our securities.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Preferred Shares</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">Our articles of incorporation authorize our board
of directors to establish and issue up to 100 million preferred shares and to determine, with respect to any series of preferred shares,
the rights and preferences of that series, including:</p>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 24px"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">the designation of the series;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 24px"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">the number of preferred shares in the series;</span></td></tr>

<tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 24px"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt"></span><p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 3pt">the preferences and relative participating option or other special
rights, if any, and any qualifications, limitations or restrictions of such series; and</p>

</td></tr>

<tr style="vertical-align: top">
    <td style="width: 48px">&#160;</td>
    <td style="width: 24px"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">the voting rights, if any, of the holders of the series.</span></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; text-align: justify">In April 2012 we issued an aggregate of 3,347 (number
not adjusted for any reverse stock splits) Series A Preferred Shares to two persons who were then executive officers, but as of the date
hereof no Series A Preferred Shares are outstanding. The holders of our Series A Preferred Shares were entitled to receive, if funds
were legally available, dividends payable in cash in an amount per share to be determined by unanimous resolution of our Remuneration
Committee, in its sole discretion. Our board of directors or Remuneration Committee determined whether funds were legally available under
the BCA for such dividend. Any accrued but unpaid dividends did not bear interest. Except as may be provided in the BCA, holders of our
Series A Preferred Shares did not have any voting rights. Upon our liquidation, dissolution or winding up, the holders of our Series
A Preferred Shares were entitled to a preference in the amount of the declared and unpaid dividends, if any, as of the date of liquidation,
dissolution or winding up. Our Series A Preferred Shares were not convertible into any of our other capital&#160;stock. </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>

<!-- Field: Page; Sequence: 103 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->104<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 Series A Preferred Shares were redeemable
at the written request of the Remuneration Committee, at par value plus all declared and unpaid dividends as of the date of redemption
plus any additional consideration determined by a unanimous resolution of the Remuneration Committee. We redeemed and cancelled 780 Series
A Preferred Shares in January 2013 and the remaining 2,567 were redeemed and cancelled in July 2016. (These figures do not reflect any
of our reverse stock splits which occurred afterwards.)</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; background-color: white">In June 2020, we issued 50
newly-designated Series B preferred shares,&#160;par value $0.001 per share, to Goldenmare Limited, a company controlled by our Chief
Executive Officer, Athanasios Feidakis, in return for $150,000. In July 2020, we issued an additional 250 Series B preferred shares to
Goldenmare Limited in return for another $150,000. In March 2021, we issued an additional 10,000 Series B preferred shares to Goldenmare
Limited in return for $130,000. The purchase price was paid, in each instance, by reducing, on a dollar-for-dollar basis, the amount payable
by the Company to Goldenmare Limited pursuant to a consultancy agreement. In addition, in July 2020 we increased the maximum voting rights
under the Series B preferred shares from 49.0% to 49.99%.</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 issuances of the Series B preferred shares to
Goldenmare Limited were each approved by an independent committee of the Board of Directors of the Company, which in each case received
a fairness opinion from an independent financial advisor that the transaction was for a fair value.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&#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">The Series B preferred shares have the following characteristics:</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>Voting</i></b>. To the fullest
extent permitted by law, each Series B preferred share entitles the holder hereof to 25,000 votes per share on all matters submitted to
a vote of the shareholders of the Company,&#160;<i>provided however,&#160;</i>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.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>Conversion</i>.&#160;</b>The
Series B preferred shares are not convertible into common shares or any other security.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>Redemption</i>.&#160;</b>The
Series B preferred shares are not redeemable.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>Dividends</i></b><i>.&#160;</i>The
Series B preferred shares have no dividend rights.</p>

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

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

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

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Liquidation</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 the event of our dissolution, liquidation or winding
up, whether voluntary or involuntary, after payment in full of the amounts, if any, required to be paid to our creditors, the payment
of the par value of $0.001 per share to the holder of our Series B preferred shares, and the holders of preferred shares, our remaining
assets and funds shall be distributed pro rata to the holders of our common shares and Class B shares, and the holders of common shares
and the holders of Class B shares shall be entitled to receive the same amount per share in respect thereof. Other than their receipt
of the par value of $0.001 per Series B preferred share, the holder of our Series B preferred shares do not participate in distributions
upon liquidation.</p>

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

<!-- Field: Page; Sequence: 104 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->105<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>Dividends</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">Declaration and payment of any dividend is subject
to the discretion of our board of directors. The timing and amount of dividend payments to holders of our shares will depend on a series
of factors and risks described under &#8220;Risk Factors&#8221; in our annual report on Form 20-F and in prospectuses we may file from
time to time, and includes risks relating to earnings, financial condition, cash requirements and availability, restrictions in our current
and future loan arrangements, the provisions of the Marshall Islands law affecting the payment of dividends and other factors. The BCA
generally prohibits the payment of dividends other than from surplus or while we are insolvent or if we would be rendered insolvent upon
paying the dividend.</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">Subject to preferences that may apply to any shares
of preferred stock outstanding at the time, the holders of our common shares and Class B shares will be entitled to share equally (pro
rata based on the number of shares held) in any dividends that our board of directors may declare from time to time out of funds legally
available for dividends. Series B preferred shares do not participate in dividends.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Conversion</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 common shares are not convertible into any other
shares of our capital stock. Each of our Class B shares is convertible at any time at the election of the holder thereof into one of our
common shares. We may reissue or resell any Class B shares that shall have been converted into common shares. Neither the Common Shares
nor the Class B Shares may be reclassified, subdivided or combined unless such reclassification, subdivision or combination occurs simultaneously
and in the same proportion for each such class of Common Stock.</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>Directors</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">Our directors are elected by the vote of the plurality
of the votes cast by shareholders entitled to vote in the election. Our articles of incorporation provide that our board of directors
must consist of at least three members. Shareholders may change the number of directors only by the affirmative vote of holders of a majority
of the total voting power of our outstanding capital stock (subject to the rights of any holders of preferred shares). The board of directors
may change the number of directors by a majority vote of the entire board of directors.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No contract or transaction between us and one or more
of our directors or officers will be void or voidable solely for the following reason, or solely because the director or officer is present
at or participates in the meeting of our board of directors or committee thereof which authorizes the contract or transaction, or solely
because his or her or their votes are counted for such purpose, if (1) the material facts as to such director&#8217;s interest in such
contract or transaction and as to any such common directorship, officership or financial interest are disclosed in good faith or known
to the board of directors or committee, and the board of directors or committee approves such contract or transaction by a vote sufficient
for such purpose without counting the vote of such interested director, or, if the votes of the disinterested directors are insufficient
to constitute an act of the board, by unanimous vote of the disinterested directors; or (2) the material facts as to such director&#8217;s
interest in such contract or transaction and as to any such common directorship, officership or financial interest are disclosed in good
faith or known to the shareholders entitled to vote thereon, and such contract or transaction is approved by vote of such shareholders.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our board of directors has the authority to fix the
compensation of directors for their services.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Classified Board of Directors</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">Our articles of incorporation provide for a board
of directors serving staggered, three-year terms. Approximately one-third of our board of directors will be elected each year.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><b>Removal of Directors; Vacancies</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our articles of incorporation provide that directors
may be removed with or without cause upon the affirmative vote of holders of a majority of the total voting power of our outstanding capital
stock cast at a meeting of the shareholders. Our articles of incorporation also permit the removal of directors for cause upon the affirmative
vote of 66-2/3% of the members of the board of directors then in office. Our bylaws require parties to provide advance written notice
of nominations for the election of directors other than the board of directors and shareholders holding 30% or more of the voting power
of the aggregate number of our shares issued and outstanding and entitled to vote.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>No Cumulative Voting</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">Our articles of incorporation prohibit cumulative
voting.&#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"></p>

<!-- Field: Page; Sequence: 105 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->106<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>Shareholder Meetings</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">Under our bylaws, annual shareholder meetings will
be held at a time and place selected by our board of directors. The meetings may be held in or outside of the Marshall Islands. Special
meetings may be called by the chairman of our board of directors, by resolution of our board of directors or by holders of 30% or more
of the voting power of the aggregate number of our shares issued and outstanding and entitled to vote at such meeting. Our board of directors
may set a record date between 15 and 60 days before the date of any meeting to determine the shareholders that will be eligible to receive
notice and vote at the meeting.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Dissenters&#8217; Right of Appraisal and Payment</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">Under the BCA, our shareholders may have the right
to dissent from various corporate actions, including certain amendments to our articles of incorporation and certain mergers or consolidations
or the sale or exchange of all or substantially all of our assets not made in the usual course of our business, and receive payment of
the fair value of their shares, subject to exceptions. The right of a dissenting shareholder to receive payment of the fair value of
his shares is not available for the shares of any class or series of stock, which shares at the record date fixed to determine the shareholders
entitled to receive notice of and vote at the meeting of shareholders to act upon the agreement of merger or consolidation or any sale
or exchange of all or substantially all of the property and assets of the corporation not made in the usual course of its business, were
either (1) listed on a securities exchange or admitted for trading on an interdealer quotation system or (2) held of record</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">by more than
2,000 holders. In the event of any further amendment of our articles of incorporation, a shareholder also has the right to dissent and
receive payment for his or her shares if the amendment alters certain rights in respect of those shares. The dissenting shareholder must
follow the procedures set forth in the BCA to receive payment. In the event that we and any dissenting shareholder fail to agree on a
price for the shares, the BCA procedures involve, among other things, the institution of proceedings in the high court of the Republic
of the Marshall Islands or in any appropriate court in any jurisdiction in which our shares are primarily traded on a local or national
securities exchange to fix the value of the shares.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Shareholders&#8217; Derivative Actions</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">Under the BCA, any of our shareholders may bring an
action in our name to procure a judgment in our favor, also known as a derivative action, provided that the shareholder bringing the action
is a holder of common shares or a beneficial interest therein both at the time the derivative action is commenced and at the time of the
transaction to which the action relates or that the shares devolved upon the shareholder by operation of law, among other requirements
set forth in the BCA.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Amendment to our Articles of Incorporation</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">Except as otherwise provided by law, any provision
in our articles of incorporation requiring a vote of shareholders may only be amended by such a vote. Further, certain sections may only
be amended by affirmative vote of the holders of at least a majority of the voting power of the voting shares.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Anti-Takeover Effects of Certain Provisions of
our Articles of Incorporation and Bylaws</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">Several provisions of our articles of incorporation
and bylaws, which are summarized below, may have anti-takeover effects. These provisions are intended to avoid costly takeover battles,
lessen our vulnerability to a hostile change of control and enhance the ability of our board of directors to maximize shareholder value
in connection with any unsolicited offer to acquire our company. However, these anti-takeover provisions could also discourage, delay
or prevent the merger or acquisition of our company by means of a tender offer, a proxy contest or otherwise that a shareholder may consider
in its best interest and the removal of incumbent officers and directors, which could affect the desirability of our shares and, consequently,
our share price.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<i>Multi
Class Stock</i>. Our multi-class stock structure, which consists of common shares, Class B common shares, and preferred shares, can provide
holders of our Class B common shares or preferred shares a significant degree of control over all matters requiring shareholder approval,
including the election of directors and significant corporate transactions, such as a merger or other sale of our company or its assets,
because our different classes of shares can have different numbers of votes.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">For instance, while our common
shares have one vote on matters before the shareholders, each of our 10,300 outstanding Series B preferred shares has 25,000 votes on
matters before the shareholders;&#160;<i>provided however,&#160;</i>that no holder of Series B preferred shares may exercise voting rights
pursuant to any Series B preferred shares that would result in the total number of votes a holder is entitled to vote
on any matter submitted to a vote of shareholders of the Company to exceed 49.99% of the total number of votes eligible to be cast on
such matter. No Class B common shares are presently outstanding, but if and when we issue any, each Class B common share will have 20
votes on matters before the shareholders.</p>

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

<!-- Field: Page; Sequence: 106 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->107<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">At present, and until a substantial
number of additional securities are issued, our holder of Series B preferred shares exerts substantial control of the Company&#8217;s
votes and is able to exert substantial control over our management and all matters requiring shareholder approval, including electing
directors and significant corporate transactions, such as a merger. Such holder&#8217;s interest could differ from yours.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Blank Check Preferred
Shares</i>. Under the terms of our articles of incorporation, our board of directors has authority, without any further vote or
action by our shareholders, to issue up to 100 million &#8220;blank check&#8221; preferred shares, almost all of which currently
remain available for issuance. Our board could authorize the issuance of preferred shares with voting or conversion rights that
could dilute the voting power or rights of the holders of common shares, in addition to preferred shares that are already
outstanding. The issuance of preferred shares, while providing flexibility in connection with possible acquisitions and other
corporate purposes, could, among other things, have the effect of delaying, deferring or preventing a change in control of us or the
removal of our management and may harm the market price of our common shares.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Classified Board of Directors</i>.
Our articles of incorporation provide for the division of our board of directors into three classes of directors, with each class as nearly
equal in number as possible, serving staggered, three-year terms </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">beginning upon the expiration of the initial term for each class. Approximately
one-third of our board of directors is elected each year. This classified board provision could discourage a third party from making a
tender offer for our shares or attempting to obtain control of us. It could also delay shareholders who do not agree with the policies
of our board of directors from removing a majority of our board of directors for up to two years.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Election of Directors</i>. Our
articles of incorporation do not provide for cumulative voting in the election of directors. Our bylaws require parties, other than the
chairman of the board of directors, board of directors and shareholders holding 30% or more of the voting power of the aggregate number
of our shares issued and outstanding and entitled to vote, to provide advance written notice of nominations for the election of directors.
These provisions may discourage, delay or prevent the removal of incumbent officers and directors.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Advance Notice Requirements
for Shareholder Proposals and Director Nominations</i>. Our bylaws provide that shareholders, other than shareholders holding 30% or more
of the voting power of the aggregate number of our shares issued and outstanding and entitled to vote, seeking to nominate candidates
for election as directors or to bring business before an annual meeting of shareholders must provide timely notice of their proposal in
writing to the corporate secretary. Generally, to be timely, a shareholder&#8217;s notice must be received at our principal executive
offices not less than 150 days or more than 180 days prior to the first anniversary date of the immediately preceding annual meeting of
shareholders. Our bylaws also specify requirements as to the form and content of a shareholder&#8217;s notice. These provisions may impede
a shareholder&#8217;s ability to bring matters before an annual meeting of shareholders or make nominations for directors at an annual
meeting of shareholders.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<i>Calling
of Special Meetings of Shareholders</i>. Our bylaws provide that special meetings of our shareholders may be called only by the chairman
of our board of directors, by resolution of our board of directors or by holders of 30% or more of the voting power of the aggregate number
of our shares issued and outstanding and entitled to vote at such meeting.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Action by Written Consent in
Lieu of a Meeting</i>. Our articles permit any action which may or is required by the BCA to be taken at a meeting of the shareholders
to be authorized by consents in writing signed by the holders of outstanding shares having not less than the minimum number of votes that
would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.
Presently and until and unless we issue a significant number of securities, Goldenmare Limited, a company affiliated with our Chief Executive
Officer, holds Series B preferred shares controlling 49.99% of the voting power of our outstanding capital stock. Goldenmare could, together
with shareholders possessing a relatively small number of shares, act by written consent in lieu of a meeting and authorize major transactions
on behalf of the Company, all without calling a meeting of shareholders.</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: 36pt"></p>

<!-- Field: Page; Sequence: 107 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->108<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><i>Business Combinations</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; text-indent: 36pt">Although the BCA does not contain
specific provisions regarding &#8220;business combinations&#8221; between corporations incorporated under or redomiciled pursuant to
the laws of the Marshall Islands and &#8220;interested shareholders,&#8221; our articles of incorporation prohibit us from engaging in
a business combination with an interested shareholder for a period of three years following the date
of the transaction in which the person became an interested shareholder, unless, in addition to any other approval that may be required
by applicable law:&#160;</p>


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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7%">&#160;</td>
    <td style="width: 3%"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="text-align: justify; width: 90%"><span style="font-size: 10pt">prior to the date of the transaction that resulted in the shareholder becoming an interested shareholder, our board of directors approved either the business combination or the transaction that resulted in the shareholder becoming an interested shareholder;</span></td></tr>
</table>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7%">&#160;</td>
    <td style="width: 3%"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="text-align: justify; width: 90%"><span style="font-size: 10pt">upon consummation of the transaction that resulted in the shareholder becoming an interested shareholder, the interested shareholder owned at least 85.0% of our voting shares outstanding at the time the transaction commenced, excluding for purposes of determining the number of shares outstanding those shares owned by (1) persons who are directors and officers and (2) employee stock plans in which employee participants do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or</span></td></tr>
</table>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 7%">&#160;</td>
    <td style="width: 3%"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="width: 90%; text-align: justify"><span style="font-size: 10pt">at or after the date of the transaction that resulted in the shareholder becoming an interested shareholder, the business combination is approved by our board of directors and authorized at an annual or special meeting of shareholders, and not by written consent, by the affirmative vote of at least 66-2/3% of the voting power of the voting shares that are not owned by the interested shareholder.</span></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; text-align: justify; text-indent: 36pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">Among other transactions, a &#8220;business
combination&#8221; includes any merger or consolidation of us or any directly or indirectly majority-owned subsidiary of ours with (1)
the interested shareholder or any of its affiliates or (2) with any corporation, partnership, unincorporated association or other entity
if the merger or consolidation is caused by the interested shareholder. Generally, an &#8220;interested shareholder&#8221; is any person
or entity (other than us and any direct or indirect majority-owned subsidiary of ours) that:</p>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7%">&#160;</td>
    <td style="width: 3%"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="text-align: justify; width: 90%"><span style="font-size: 10pt"></span>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 3pt">owns 15.0% or more of our outstanding voting shares;</p>
<span style="font-size: 10pt"></span></td></tr>
</table>

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

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 7%">&#160;</td>
    <td style="width: 3%"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="width: 90%; text-align: justify"><span style="font-size: 10pt">is an affiliate or associate of ours and was the owner of 15.0% or more of our outstanding voting shares at any time within the three-year period immediately prior to the date on which it is sought to be determined whether such person is an interested shareholder; or</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 7%">&#160;</td>
    <td style="width: 3%"><span style="font: 10pt Wingdings">&#168;</span></td>
    <td style="width: 90%; text-align: justify"><span style="font-size: 10pt">is an affiliate or associate of any person listed in the first two bullets, except that any person who owns 15.0% or more of our outstanding voting shares, as a result of action taken solely by us will not be an interested shareholder unless such person acquires additional voting shares, except as a result of further action by us and not caused, directly or indirectly, by such person.</span></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; text-align: justify; text-indent: 36pt">Additionally, the restrictions
regarding business combinations do not apply to persons that became interested shareholders prior to the effectiveness of our articles
of incorporation.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Limitations on Liability and Indemnification of
Directors and Officers</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 BCA authorizes corporations to limit or eliminate
the personal liability of directors to corporations and their shareholders for monetary damages for breaches of certain directors&#8217;
fiduciary duties. Our articles of incorporation include a provision that eliminates the personal liability of directors for monetary damages
for breach of fiduciary duty as a director to the fullest extent permitted by law (i.e., other than breach of duty of loyalty, acts not
taken in good faith or which involve intentional misconduct or a knowing violation of law or transactions for which the director derived
an improper personal benefit) and provides that we must indemnify our directors and officers to the fullest extent authorized by law.
We are also expressly authorized to advance certain expenses to our directors and officers and expect to carry directors&#8217; and officers&#8217;
insurance providing indemnification for our directors and officers for some liabilities. We believe that these indemnification provisions
and the directors&#8217; and officers&#8217; insurance are useful to attract and retain qualified directors and executive officers.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The limitation of liability and indemnification provisions
in our articles of incorporation may discourage shareholders from bringing a lawsuit against our directors for breach of their fiduciary
duty. These provisions may also have the effect of reducing the likelihood of derivative litigation against directors and officers, even
though such an action, if successful, may otherwise benefit us and our shareholders. In addition, an investor in our common shares may
be adversely affected to the extent we pay the costs of settlement and damage awards against directors and officers pursuant to these
indemnification provisions.&#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; text-indent: 2.25pt"></p>

<!-- Field: Page; Sequence: 108 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->109<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">There is no pending material litigation or proceeding
involving any of our directors, officers or employees for which indemnification is sought.</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 following summary of certain terms and provisions
of the Class&#160;A Warrants is not complete and is subject to, and qualified in its entirety by the provisions of the form of Class&#160;A
Warrant, which is incorporated by reference as an exhibit to this annual report.</p>


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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercisability.</i>&#160;The Class&#160;A Warrants are exercisable at any time after their original
issuance up to the date that is five years after their original issuance. Each of the Class&#160;A Warrants is exercisable, in whole or
in part by delivering to us a duly executed exercise notice and, at any time a registration statement registering the issuance of the
common shares underlying the Class&#160;A Warrants under the Securities Act is effective and available for the issuance of such shares,
by 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 Class&#160;A Warrants under the Securities Act is not effective or available,
the holder may, in its sole discretion, elect to exercise the Class&#160;A 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 Class&#160;A Warrant.
We may be required to pay certain amounts as liquidated damages as specified in the Class&#160;A Warrants in the event we do not deliver
common shares upon exercise of the Class&#160;A Warrants within the time periods specified in the Class&#160;A Warrants. No fractional
common shares will be issued in connection with the exercise of a Class&#160;A Warrant.</td></tr>
</table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Limitation.</i>&#160;A holder does not have the right to exercise any portion of a Class&#160;A
Warrant if the holder (together with its affiliates) would beneficially own in excess of 4.99% (or, upon election by a holder prior to
the issuance of any Class&#160;A Warrants, 9.99%) of the number of shares of our common shares outstanding immediately after giving effect
to the exercise, as such percentage ownership is determined in accordance with the terms of such Class&#160;A Warrants. However, any holder
may increase or decrease such percentage to any other percentage not in excess of 9.99%, upon at least 61 days&#8217; prior notice from
the holder to us with respect to any increase in such percentage.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Price.</i>&#160;The exercise price per whole common share purchasable upon exercise of the
Class&#160;A Warrants is $35.00 per share. The exercise price of the Class&#160;A Warrants and number of common shares issuable on exercise
of the Class&#160;A Warrants are subject to adjustment in the event of certain stock dividends and distributions, stock splits, stock
combinations, reclassifications or similar events affecting our common shares. <span style="background-color: white">The holders of Class
A Warrants have the right to participate on an&#160;as-exercised basis in certain rights offerings to our common shareholders.</span>
The exercise price of the Class&#160;A Warrants may also be reduced to any amount and for any period of time at the sole discretion of
our board of directors. The exercise price of the Class&#160;A Warrants is subject to adjustment in the event of dividends and certain
distributions as specified in the Class&#160;A Warrant.</td></tr></table>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Transferability.</i>&#160;Subject to applicable laws, the Class&#160;A Warrants may be offered for
sale, sold, transferred or assigned without our consent.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exchange Listing.</i>&#160;We do not intend to apply for the listing of the Class&#160;A Warrants on
any stock exchange. Without an active trading market, the liquidity of the Class&#160;A Warrants will be limited.</td></tr></table>


<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Warrant Agent.</i>&#160;The Class&#160;A Warrants are issued in registered form under a warrant agreement
among Computershare Inc., Computershare Trust Company, N.A., as warrant agent, and us. The Class&#160;A Warrants were initially be represented
only by one or more global warrants deposited with the warrant agent, as custodian on behalf of The Depository Trust Company (DTC) and
registered in the name of Cede&#160;&amp; Co., a nominee of DTC, or as otherwise directed by DTC.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Rights as a Shareholder.</i>&#160;Except as otherwise provided in the Class&#160;A Warrants or by virtue
of such holder&#8217;s ownership of our common shares, the holder of a Class&#160;A Warrant does not have the rights or privileges of
a holder of our common shares, including any voting rights, until the holder exercises the Class&#160;A Warrant.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>


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

<!-- Field: Page; Sequence: 109 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->110<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Fundamental Transactions.</i>&#160;In the event of a fundamental transaction, as described in the Class&#160;A
Warrants and generally including, with certain exceptions, any reorganization, recapitalization or reclassification of our common shares,
the sale, transfer or other disposition of all or substantially all of our properties or assets, our consolidation or merger with or into
another person, the acquisition of more than 50% of our outstanding common shares, or any person or group becoming the beneficial owner
of 50% of the voting power represented by our outstanding common shares, the holders of the Class&#160;A Warrants will be entitled to
receive upon exercise of the Class&#160;A Warrants the kind and amount of securities, cash or other property that the holders would have
received had they exercised the Class&#160;A Warrants immediately prior to such fundamental transaction. In addition, we or the successor
entity, at the request of Class&#160;A Warrant holders, will be obligated to purchase any unexercised portion of the Class&#160;A Warrants
in accordance with the terms of such Class&#160;A Warrants.</td></tr>
</table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Governing Law.</i>&#160;The Class&#160;A Warrants and the warrant agreement are governed by New York
law.</td></tr>
</table>

<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">The following summary of certain terms and
provisions of the PP Warrants issued on June&#160;30, 2020 and July&#160;21, 2020 is not complete and is subject to, and qualified in
its entirety by the provisions of the form PP Warrants, which are incorporated by reference as an exhibit to this annual report.</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercisability.</i>&#160;Each PP Warrant has a term of 5.5 years from its date of issuance. The PP
Warrants are exercisable, at the option of each holder, in whole or in part by delivering to us 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 resale of the Common Shares underlying the PP Warrants under the Securities Act of 1933 is not effective or available at any time
after the six month anniversary of the date of issuance of the PP Warrants, the holder may, in its sole discretion, elect to exercise
the PP 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 PP Warrant. If we do not issue the shares in a timely fashion, the PP Warrant contains
certain damages provisions. No fractional common shares will be issued in connection with the exercise of a PP Warrant.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Limitation.</i>&#160;A holder does not have the right to exercise any portion of the PP Warrant
if the holder (together with its affiliates) would beneficially own in excess of 4.99% (or, upon election of the holder, 9.99%) of the
number of our Common Shares outstanding immediately after giving effect to the exercise, as such percentage of beneficial ownership is
determined in accordance with the terms of the PP Warrants. However, any holder may increase or decrease such percentage, but not in excess
of 9.99%, provided that any increase will not be effective until the 61st day after such election.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Price.</i>&#160;The exercise price per whole common share purchasable upon exercise of the
PP Warrants is $18.00 per share. The exercise price of the PP Warrants is subject to appropriate adjustment in the event of certain stock
dividends and distributions, stock splits, stock combinations, reclassifications or similar events affecting our common shares and also
upon any distributions of assets, including cash, stock or other property to our shareholders. <span style="background-color: white">The
holders of PP Warrants have the right to participate on an&#160;as-exercised basis in certain rights offerings to our common shareholders.</span>
The exercise price may also be reduced to any amount and for any period of time deemed appropriate at the sole discretion of our board
of directors.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exchange Listing.</i>&#160;There is no established trading market for the PP Warrants and we do not
expect a market to develop. In addition, we do not intend to apply for the listing of the PP Warrants on any national securities exchange
or other trading market.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Fundamental Transactions.</i>&#160;If a fundamental transaction occurs, then the successor entity will
succeed to, and be substituted for us, and may exercise every right and power that we may exercise and will assume all of our obligations
under the PP Warrants with the same effect as if such successor entity had been named in the PP Warrant itself. If holders of our common
shares are given a choice as to the securities, cash or property to be received in a fundamental transaction, then the holder shall be
given the same choice as to the consideration it receives upon any exercise of the PP Warrant following such fundamental transaction.
In addition, we or the successor entity, at the request of PP Warrant holders, will be obligated to purchase any unexercised portion of
the PP Warrants in accordance with the terms of such PP Warrants.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>


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

<!-- Field: Page; Sequence: 110 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->111<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">&#160;</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Rights as a Shareholder.</i>&#160;Except as otherwise provided in the PP Warrants or by virtue of such
holder&#8217;s ownership of our common shares, the holder of Warrants will not have the rights or privileges of a holder of our common
shares, including any voting rights, until the holder exercises the PP Warrants.</td></tr>
</table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Transferability.</i>&#160;Subject to applicable laws, the PP Warrants may be offered for sale, sold,
transferred or assigned without our consent.</td></tr>
</table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Governing Law.</i>&#160;The PP Warrants are governed by New York law.</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">The following summary of certain terms and
provisions of the December 2020 Warrants, and is not complete and is subject to, and qualified in its entirety by the provisions of the
form of December 2020 Warrant, which is incorporated by reference as an exhibit to this annual report.</p>

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



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Exercisability.</i>&#160;The December 2020 Warrant have a term of 5.5
years. The December 2020 Warrants are exercisable, at the option of each holder, in whole or in part by delivering to us 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 December 2020 Warrants under the Securities Act of
1933 is not effective or available, the holder may, in its sole discretion, elect to exercise the December 2020 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 December 2020 Warrant. If we do not issue the shares in a timely fashion, the December 2020 Warrant contains certain
damages provisions. No fractional common shares will be issued in connection with the exercise of a December 2020 Warrant.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38.25pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Exercise Limitation</i>. A holder does not have the right to exercise
any portion of the December 2020 Warrant if the holder (together with its affiliates) would beneficially own in excess of 4.99% (or, upon
election of the holder, 9.99%) of the number of our Common Shares outstanding immediately after giving effect to the exercise, as such
percentage of beneficial ownership is determined in accordance with the terms of the December 2020 Warrants. However, any holder may increase
or decrease such percentage, but not in excess of 9.99%, provided that any increase will not be effective until the 61st day after such
election.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38.25pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Exercise Price.</i>&#160;The exercise price per whole common share purchasable
upon exercise of the December 2020 Warrants is $6.25 per share (having been reduced from the original exercise price of $8.50 per share).
The exercise price of the December 2020 Warrants and number of common shares issuable upon exercise of the December 2020 Warrants is subject
to appropriate adjustment in the event of certain stock dividends and distributions, stock splits, stock combinations, reclassifications
or similar events affecting our common shares. The exercise price of the December 2020 Warrants is also subject to adjustment upon any
distributions of assets, including cash, stock or other property to our shareholders.&#160;<span style="background-color: white">The holders
of December 2020 Warrants have the right to participate on an&#160;as-exercised basis in certain rights offerings to our common shareholders.</span>&#160;The
exercise price may also be reduced to any amount and for any period of time deemed appropriate at the sole discretion of our board of
directors.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38.25pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Exchange Listing.</i>&#160;There is no established trading market for
the December 2020 Warrants and we do not expect a market to develop. In addition, we do not intend to apply for the listing of the December
2020 Warrants on any national securities exchange or other trading market.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 38.25pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Fundamental Transactions.</i>&#160;If a fundamental transaction occurs,
then the successor entity will succeed to, and be substituted for us, and may exercise every right and power that we may exercise and
will assume all of our obligations under the December 2020 Warrants with the same effect as if such successor entity had been named in
the December 2020 Warrant itself. If holders of our common shares are given a choice as to the securities, cash or property to be received
in a fundamental transaction, then the holder shall be given the same choice as to the consideration it receives upon any exercise of
the December 2020 Warrant following such fundamental transaction. In addition, we or the successor entity, at the request of December
2020 Warrant holders, will be obligated to purchase any unexercised portion of the December 2020 Warrants in accordance with the terms
of such December 2020 Warrants.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38.25pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Rights as a Shareholder.</i>&#160;Except as otherwise provided in the
December 2020 Warrants or by virtue of such holder&#8217;s ownership of our common shares, the holder of December 2020 Warrants will not
have the rights or privileges of a holder of our common shares, including any voting rights, until the holder exercises the December 2020
Warrants.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38.25pt"></p>

<!-- Field: Page; Sequence: 111 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->112<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38.25pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Transferability.</i>&#160;Subject to applicable laws, the December 2020
Warrants may be offered for sale, sold, transferred or assigned without our consent.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38.25pt">&#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: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt"><i>Governing Law</i>. The December 2020 Warrants are governed by New York
law.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following summary of certain terms and provisions
of the January 2021 Warrants, and is not complete and is subject to, and qualified in its entirety by the provisions of the form of January
2021 Warrant, which is incorporated by reference as an exhibit to this 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"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercisability.</i>&#160;The January 2021 Warrants have a term of 5.5 years. The January 2021 Warrants
are exercisable, at the option of each holder, in whole or in part by delivering to us 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 January 2021 Warrants under the Securities Act of 1933 is not effective or available,
the holder may, in its sole discretion, elect to exercise the January 2021 Warrants 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 January 2021 Warrants.
If we do not issue the shares in a timely fashion, the January 2021 Warrants contain certain damages provisions. No fractional common
shares will be issued in connection with the exercise of a January 2021 Warrant.</td></tr></table>

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Limitation</i>. A holder does not have the right to exercise any portion of the January 2021
Warrants if the holder (together with its affiliates) would beneficially own in excess of 4.99% (or, upon election of the holder, 9.99%)
of the number of our Common Shares outstanding immediately after giving effect to the exercise, as such percentage of beneficial ownership
is determined in accordance with the terms of the January 2021 Warrants. However, any holder may increase or decrease such percentage,
but not in excess of 9.99%, provided that any increase will not be effective until the 61st day after such election.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Price.</i>&#160;The exercise price per whole common share purchasable upon exercise of the
January 2021 Warrants is $6.25 per share. The exercise price of the January 2021 Warrants and number of common shares issuable upon exercise
of the January 2021 Warrants is subject to appropriate adjustment in the event of certain stock dividends and distributions, stock splits,
stock combinations, reclassifications or similar events affecting our common shares. The exercise price of the January 2021 Warrants is
also subject to adjustment upon any distributions of assets, including cash, stock or other property to our shareholders.&#160;The holders
of&#160;January 2021 Warrants&#160; have the right to participate on an&#160;as-exercised basis in certain rights offerings to our common
shareholders.&#160;The exercise price may also be reduced to any amount and for any period of time deemed appropriate at the sole discretion
of our board of directors.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exchange Listing.</i>&#160;There is no established trading market for the January 2021 Warrants and
we do not expect a market to develop. In addition, we do not intend to apply for the listing of the January 2021 Warrants on any national
securities exchange or other trading market.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Fundamental Transactions.</i>&#160;If a fundamental transaction occurs, then the successor entity will
succeed to, and be substituted for us, and may exercise every right and power that we may exercise and will assume all of our obligations
under the January 2021 Warrants with the same effect as if such successor entity had been named in the January 2021 Warrant itself. If
holders of our common shares are given a choice as to the securities, cash or property to be received in a fundamental transaction, then
the holder shall be given the same choice as to the consideration it receives upon any exercise of the January 2021 Warrants following
such fundamental transaction. In addition, we or the successor entity, at the request of January 2021 Warrant holders, will be obligated
to purchase any unexercised portion of the January 2021 Warrants in accordance with the terms of such January 2021 Warrants.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Rights as a Shareholder.</i>&#160;Except as otherwise provided in the January 2021 Warrants or by virtue
of such holder&#8217;s ownership of our common shares, the holder of January 2021 Warrants will not have the rights or privileges of a
holder of our common shares, including any voting rights, until the holder exercises the January 2021 Warrants.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<!-- Field: Page; Sequence: 112 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->113<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Transferability.</i>&#160;Subject to applicable laws, the January 2021 Warrants may be offered for
sale, sold, transferred or assigned without our consent.</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><p style="margin-top: 0; margin-bottom: 0"></p>
                                                  <p style="margin-top: 0; margin-bottom: 0">&#160;<span style="font-family: Courier New, Courier, Monospace">o</span></p></td><td style="text-align: justify"><i>Governing Law</i>. The January 2021 Warrants are governed by New York law.</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">The following summary of certain terms and provisions
of the February 2021 Warrants, and is not complete and is subject to, and qualified in its entirety by the provisions of the form of warrant,
which is incorporated by reference as an exhibit to this 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"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercisability.</i>&#160;The February 2021 Warrants have a term of 5.5 years. The February 2021 Warrants
are exercisable, at the option of each holder, in whole or in part by delivering to us 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 February 2021 Warrants under the Securities Act of 1933 is not effective or available,
the holder may, in its sole discretion, elect to exercise the February 2021 Warrants 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 February 2021 Warrants.
If we do not issue the shares in a timely fashion, the February 2021 Warrants contain certain damages provisions. No fractional common
shares will be issued in connection with the exercise of a February 2021 Warrant.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Limitation</i>. A holder does not have the right to exercise any portion of the February 2021
Warrants if the holder (together with its affiliates) would beneficially own in excess of 4.99% (or, upon election of the holder, 9.99%)
of the number of our Common Shares outstanding immediately after giving effect to the exercise, as such percentage of beneficial ownership
is determined in accordance with the terms of the February 2021 Warrants. However, any holder may increase or decrease such percentage,
but not in excess of 9.99%, provided that any increase will not be effective until the 61st day after such election.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Price.</i>&#160;The exercise price per whole common share purchasable upon exercise of the
February 2021 Warrants is $6.25 per share. The exercise price of the February 2021 Warrants and number of common shares issuable upon
exercise of the February 2021 Warrants is subject to appropriate adjustment in the event of certain stock dividends and distributions,
stock splits, stock combinations, reclassifications or similar events affecting our common shares. The exercise price of the February
2021 Warrants is also subject to adjustment upon any distributions of assets, including cash, stock or other property to our shareholders.&#160;The
holders of&#160;February 2021 Warrants have the right to participate on an&#160;as-exercised basis in certain rights offerings to our
common shareholders.&#160;The exercise price may also be reduced to any amount and for any period of time deemed appropriate at the sole
discretion of our board of directors.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exchange Listing.</i>&#160;There is no established trading market for the February 2021 Warrants and
we do not expect a market to develop. In addition, we do not intend to apply for the listing of the February 2021 Warrants on any national
securities exchange or other trading market.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Fundamental Transactions.</i>&#160;If a fundamental transaction occurs, then the successor entity will
succeed to, and be substituted for us, and may exercise every right and power that we may exercise and will assume all of our obligations
under the February 2021 Warrants with the same effect as if such successor entity had been named in the February 2021 Warrant itself.
If holders of our common shares are given a choice as to the securities, cash or property to be received in a fundamental transaction,
then the holder shall be given the same choice as to the consideration it receives upon any exercise of the February 2021 Warrants following
such fundamental transaction. In addition, we or the successor entity, at the request of February 2021 Warrant holders, will be obligated
to purchase any unexercised portion of the February 2021 Warrants in accordance with the terms of such February 2021 Warrants.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Rights as a Shareholder.</i>&#160;Except as otherwise provided in the February 2021 Warrants or by
virtue of such holder&#8217;s ownership of our common shares, the holder of February 2021 Warrants will not have the rights or privileges
of a holder of our common shares, including any voting rights, until the holder exercises the February 2021 Warrants.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<!-- Field: Page; Sequence: 113 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->114<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Transferability.</i>&#160;Subject to applicable laws, the February 2021 Warrants may be offered for
sale, sold, transferred or assigned without our consent.</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Governing Law</i>. The February 2021 Warrants are governed by New York law.</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">The following summary of certain terms and provisions
of the June 2021 Warrants, and is not complete and is subject to, and qualified in its entirety by the provisions of the form of warrant,
which is incorporated by reference as an exhibit to this 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"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercisability.</i>&#160;The June 2021 Warrants have a term of 5.5 years. The June 2021 Warrants are
exercisable, at the option of each holder, in whole or in part by delivering to us 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 June 2021 Warrants under the Securities Act of 1933 is not effective or available, the holder
may, in its sole discretion, elect to exercise the June 2021 Warrants 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 June 2021 Warrants. If we do not
issue the shares in a timely fashion, the June 2021 Warrants contain certain damages provisions. No fractional common shares will be issued
in connection with the exercise of a June 2021 Warrant.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Limitation</i>. A holder does not have the right to exercise any portion of the June 2021
Warrants if the holder (together with its affiliates) would beneficially own in excess of 4.99% (or, upon election of the holder, 9.99%)
of the number of our Common Shares outstanding immediately after giving effect to the exercise, as such percentage of beneficial ownership
is determined in accordance with the terms of the June 2021 Warrants. However, any holder may increase or decrease such percentage, but
not in excess of 9.99%, provided that any increase will not be effective until the 61st day after such election.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exercise Price.</i>&#160;The exercise price per whole common share purchasable upon exercise of the
June 2021 Warrants is $6.25 per share. The exercise price of the June 2021 Warrants and number of common shares issuable upon exercise
of the June 2021 Warrants is subject to appropriate adjustment in the event of certain stock dividends and distributions, stock splits,
stock combinations, reclassifications or similar events affecting our common shares. The exercise price of the June 2021 Warrants is also
subject to adjustment upon any distributions of assets, including cash, stock or other property to our shareholders.&#160;The holders
of&#160;June 2021 Warrants have the right to participate on an&#160;as-exercised basis in certain rights offerings to our common shareholders.&#160;The
exercise price may also be reduced to any amount and for any period of time deemed appropriate at the sole discretion of our board of
directors.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Exchange Listing.</i>&#160;There is no established trading market for the June 2021 Warrants and we
do not expect a market to develop. In addition, we do not intend to apply for the listing of the June 2021 Warrants on any national securities
exchange or other trading market.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Fundamental Transactions.</i>&#160;If a fundamental transaction occurs, then the successor entity will
succeed to, and be substituted for us, and may exercise every right and power that we may exercise and will assume all of our obligations
under the June 2021 Warrants with the same effect as if such successor entity had been named in the June 2021 Warrant itself. If holders
of our common shares are given a choice as to the securities, cash or property to be received in a fundamental transaction, then the holder
shall be given the same choice as to the consideration it receives upon any exercise of the June 2021 Warrants following such fundamental
transaction. In addition, we or the successor entity, at the request of June 2021 Warrant holders, will be obligated to purchase any unexercised
portion of the June 2021 Warrants in accordance with the terms of such June 2021 Warrants.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Rights as a Shareholder.</i>&#160;Except as otherwise provided in the June 2021 Warrants or by virtue
of such holder&#8217;s ownership of our common shares, the holder of June 2021 Warrants will not have the rights or privileges of a holder
of our common shares, including any voting rights, until the holder exercises the June 2021 Warrants.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.25pt"></p>

<!-- Field: Page; Sequence: 114 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->115<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Transferability.</i>&#160;Subject to applicable laws, the June 2021 Warrants may be offered for sale,
sold, transferred or assigned without our consent.</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-family: Courier New, Courier, Monospace">o</span></td><td style="text-align: justify"><i>Governing Law</i>. The June 2021 Warrants are governed by New York law.</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 0 0 36pt; text-align: justify">&#160;</p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attached as exhibits to this annual report are the
contracts we consider to be both material and outside the ordinary course of business and are to be performed in whole or in part after
the filing of this annual report. We refer you to &#8220;Item 7.B. Related Party Transactions&#8221; for a discussion of our agreements
with companies related to us. We also refer you to &#8220;Item 4.&#160;&#160;Information on the Company,&#8221; &#8220;Item 5.B. Liquidity
and Capital Resources&#8212;Indebtedness,&#8221; &#8220;Item 6.E.&#160;Share Ownership&#8212;Incentives Program&#8221; and &#8220;Item
10.B&#8212;Memorandum and Articles of Association&#8221; for a description of other material contracts.</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">Other than as discussed in this annual report, we
have no material contracts, other than contracts entered into in the ordinary course of business, to which the Company or any member of
the group is a party.</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><i>D.&#160;&#160;Exchange Controls</i></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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not aware, under Marshall Islands law, of any
restrictions on the export or import of capital, including foreign exchange controls or restrictions that affect the remittance of dividends,
interest or other payments to holders of our common shares that are neither residents nor citizens of the Marshall Islands.</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><i>E.&#160;&#160;Taxation</i></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"><b>Marshall Islands Tax Considerations</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">The following is applicable only to persons who are
not citizens of and do not reside in, maintain offices in or carry on business or conduct transactions or operations in the Marshall Islands.</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">Because we (including our subsidiaries) do not,
and assuming that we continue not to, and assuming our future subsidiaries will not, carry on business or conduct transactions or
operations in the Marshall Islands, and because we anticipate that all documentation related to any offerings of our securities will
be executed outside of the Marshall Islands, under current Marshall Islands law our shareholders will not be subject to Marshall
Islands taxation or withholding tax on our distributions. In addition, our shareholders will not be subject to Marshall Islands
stamp, capital gains or other taxes on the purchase, ownership or disposition of our common shares, and our shareholders will not be
required by the Marshall Islands to file a tax return related to our common shares.</p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Malta Tax Considerations</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">One of our subsidiaries is incorporated in Malta,
which imposes taxes on us that are immaterial to our operations.</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>Greek Tax Considerations</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 January 2013, a tax law 4110/2013 amended the long-standing
provisions of art. 26 of law 27/1975 by imposing a fixed annual tonnage tax on vessels flying a foreign (i.e., non-Greek) flag which are
managed by a Law 89 company, establishing an identical tonnage tax regime as the one already in force for vessels flying the Greek flag.
This tax varies depending on the size of the vessel, calculated in gross registered tonnage, as well as on the age of each vessel. Payment
of this tonnage tax completely satisfies all income tax obligations of both the shipowning company and of all its shareholders up to the
ultimate beneficial owners. Any tax payable to the state of the flag of each vessel as a result of its registration with a foreign flag
registry (including the Marshall Islands) is subtracted from the amount of tonnage tax due to the Greek tax authorities.</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>

<!-- Field: Page; Sequence: 115 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->116<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 tax residents of Greece who receive dividends
from such shipowning or their holding companies, (pursuant to a very recent agreement between the Union of Greek
Shipowners and the Greek State, which is expected to come in force shortly) are taxed at 10% on the dividends which they receive and
which they import into Greece, not being liable to any other taxation for these, which include those dividends which either remain with
the holding company or are paid to the individual Greek tax resident abroad.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>United States Tax Considerations</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">This discussion of United States federal income taxes
is based upon provisions of the Code, existing final, temporary and proposed regulations thereunder and current administrative rulings
and court decisions, all as in effect on the effective date of this annual report on Form 20-F and all of which are subject to change,
possibly with retroactive effect. Changes in these authorities may cause the tax consequences to vary substantially from the consequences
described below. No rulings have</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">been or are expected to be sought from the IRS with respect to any of the United States federal income
tax consequences discussed below, and no assurance can be given that the IRS will not take contrary positions.</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">Further, the following summary does not deal with
all United States federal income tax consequences applicable to any given holder of our common shares, nor does it address the United
States federal income tax considerations applicable to categories of investors subject to special taxing rules, such as expatriates, banks,
real estate investment trusts, regulated investment companies, insurance companies, tax-exempt organizations, dealers or traders in securities
or currencies, partnerships, S corporations, estates and trusts, investors that hold their common shares as part of a hedge, straddle
or an integrated or conversion transaction, investors whose &#8220;functional currency&#8221; is not the United States dollar or investors
that own, directly or indirectly, 10% or more of our stock by vote or value. Furthermore, the discussion does not address alternative
minimum tax consequences or estate or gift tax consequences, or any state tax consequences, and is limited to shareholders that will hold
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">their common shares as &#8220;capital assets&#8221; within the meaning of Section 1221 of the Code. Each shareholder is encouraged to
consult, and discuss with his or her own tax advisor the United States federal, state, local and non-United States tax consequences particular
to him or her of the acquisition, ownership or disposition of common shares. Further, it is the responsibility of each shareholder to
file all state, local and non-U.S., as well as U.S. federal, tax returns that may be required of it.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; 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><i>United States Federal Income Taxation of the
Company </i></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"><i>Taxation of Operating Income</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">Unless exempt from United States federal income taxation
under the rules described below in &#8220;&#8212;The Section 883 Exemption,&#8221; a foreign corporation that earns only transportation
income is generally subject to United States federal income taxation under one of two alternative tax regimes: (1) the 4% gross basis
tax or (2) the net basis tax and branch profits tax. The Company is a Marshall Islands corporation and its subsidiaries are incorporated
in the Marshall Islands or Malta. There is no comprehensive income tax treaty between the Marshall Islands and the United States, so the
Company and its Marshall Islands subsidiaries cannot claim an exemption from this tax under a treaty.</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"><i>The 4% Gross Basis Tax</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">The United States imposes a 4% United States federal
income tax (without allowance of any deductions) on a foreign corporation&#8217;s United States source gross transportation income to
the extent such income is not treated as effectively connected with the conduct of a United States trade or business. For this purpose,
transportation income includes income from the use, hiring or leasing of a vessel, or the performance of services directly related to
the use of a vessel (and thus includes time charter, spot charter and bareboat charter income). The United States source portion of transportation
income is 50% of the income attributable to voyages that begin or end, but not both begin and end, in the United States. As a result
of this sourcing rule the effective tax rate is 2% of the gross income attributable to U.S. voyages. Generally, no amount of the income
from voyages that begin and end outside the United States is treated as United States source, and consequently none of the transportation
income attributable to such voyages is subject to this 4% tax. (Although the entire amount of transportation income from voyages that
begin and end in the United States would be United States source, neither the Company nor any of its subsidiaries expects to have any
transportation income from voyages that both begin and end in the United States.)&#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"></p>

<!-- Field: Page; Sequence: 116 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->117<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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"><i>The Net Basis Tax and Branch Profits Tax</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">The Company and each of its subsidiaries do not expect
to engage in any activities in the United States (other than port calls of its vessels) or otherwise have a fixed place of business in
the United States. Consequently, the Company and its subsidiaries are not expected to be subject to the net basis or branch profits taxes.
Nonetheless, if this situation were to change or if the Company or a subsidiary of the Company were to be treated as engaged in a United
States trade or business, all or a portion of the Company&#8217;s or such subsidiary&#8217;s taxable income, including gain from the sale
of vessels, could be treated as effectively connected with the conduct of this United States trade or business, or effectively connected
income. Any effectively connected income, net of allowable deductions, would be subject to United States federal corporate income tax.
In addition, an additional 30% branch profits tax would be imposed on the Company or such subsidiary at such time as the Company&#8217;s
or such subsidiary&#8217;s after-tax effectively connected income is deemed to have been repatriated to the Company&#8217;s or subsidiary&#8217;s
offshore office.</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 4% gross basis tax described above is inapplicable
to income that is treated as effectively connected income. A non-United States corporation&#8217;s United States source transportation
income would be considered to be effectively connected </p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">income only if the non-United States corporation has or is treated as having a
fixed place of business in the United States involved in the earning of the transportation income and substantially all of its United
States source transportation income is attributable to regularly scheduled transportation (such as a published schedule with repeated
sailings at regular intervals between the same points for voyages that begin or end in the United States), or in the case of leasing income
(such as bareboat charter income) is attributable to such fixed place of business. The Company and its vessel-owning subsidiaries believe
that their vessels will not operate to and from the United States on a regularly scheduled basis. Based on the intended mode of shipping
operations and other activities, the Company and its vessel-owning subsidiaries do not expect to have any effectively connected income.</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"><i></i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>The Section 883 Exemption</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">Both the 4% gross basis tax and the net basis and
branch profits taxes described above are inapplicable to transportation income that qualifies for the Section 883 Exemption. To qualify
for the Section 883 Exemption a foreign corporation must, among other things:</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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">be organized in a jurisdiction outside the United States that grants an equivalent exemption from tax to corporations organized in the United States (an &#8220;Equivalent Exemption&#8221;);</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">satisfy one of the following three ownership tests (discussed in more detail below): (1) the more than 50% ownership test, or 50% Ownership Test, (2) the controlled foreign corporation test, or CFC Test, or (3) the &#8220;Publicly Traded Test&#8221;; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">meet certain substantiation, reporting and other requirements (which include the filing of United States income tax returns).</span></td></tr>
  </table>
<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">The Company is a Marshall Islands corporation, and
each of the vessels in its fleet is owned by a separate wholly owned subsidiary organized in the Marshall Islands or Malta. The U.S. Department
of the Treasury recognizes the Marshall Islands and Malta as jurisdictions which grant an Equivalent Exemption; therefore, the Company
and each of its vessel-owning subsidiaries meet the first requirement for the Section 883 Exemption.</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"><i>The 50</i>% <i>Ownership Test</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">In order to satisfy the 50% Ownership Test, a non-United
States corporation must be able to substantiate that more than 50% of the value of its shares is owned, for at least half of the number
of days in the non-United States corporation&#8217;s taxable year, directly or indirectly, by &#8220;qualified shareholders.&#8221; For
this purpose, qualified shareholders are: (1) individuals who are residents (as defined in the Treasury regulations promulgated under
Section 883 of the Code, or Section 883 Regulations) of countries, other than the United States, that grant an Equivalent Exemption,
(2) non-United States corporations that meet the Publicly Traded Test of the Section 883 Regulations and are organized in countries that
grant an Equivalent Exemption, or (3) certain foreign governments, non-profit organizations, and certain beneficiaries of foreign pension
funds. In order for a shareholder to be a qualified shareholder, there generally cannot be any bearer shares in the chain of ownership
between the shareholder and the taxpayer claiming the exemption (unless such bearer shares are maintained in a dematerialized or immobilized
book-entry system as permitted under the Section 883 Regulations).</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>

<!-- Field: Page; Sequence: 117 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->118<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">A corporation claiming the Section 883 Exemption
based on the 50% Ownership Test must obtain all the facts necessary to satisfy the IRS that the 50% Ownership Test has been satisfied
(as detailed in the Section 883 Regulations). The Company does not believe that it satisfied the 50% Ownership Test for the taxable year
ended December 31, 2021, and has no basis to expect that it will satisfy the 50% Ownership Test in the near future.</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"><i>The CFC Test</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">The CFC Test requires that a non-United States corporation
be treated as a controlled foreign corporation, or a CFC, for United States federal income tax purposes for more than half of the days
in the taxable year. A CFC is a foreign corporation, more than 50% of the vote or value of which is owned by significant U.S. shareholders
(meaning U.S. persons who own at least 10% of the vote or value of the foreign corporation). In addition, more than 50% of the value of
the shares of the CFC must be owned by qualifying U.S. persons for more than half of the days during the taxable year concurrent with
the period of time that the company qualifies as a CFC. For this purpose, a qualifying U.S. person is defined as a U.S. citizen or resident
alien, a domestic corporation or domestic tax-exempt trust, in each case, if such U.S. person provides the company claiming the exemption
with an ownership statement. The Company does not believe that the requirements of the CFC Test will be met in the near future with respect
to the Company or any of its subsidiaries.</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"><i>The Publicly Traded Test</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">The Publicly Traded Test requires that one or more
classes of equity representing more than 50% of the voting power and value in a non-United States corporation be &#8220;primarily and
regularly traded&#8221; on an established securities market either in the United States or in a foreign country that grants an Equivalent
Exemption. The Section 883 Regulations provide, in relevant part, that the shares of a non-United States corporation will be considered
to be &#8220;primarily traded&#8221; on an established securities market in a country if the number of shares of each class of shares
that are traded during any taxable year on all established securities markets in that country exceeds the number of shares in each such
class that are traded during that year </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">on established securities markets in any other
single country. The Section 883 Regulations also generally provide that shares will be considered to be &#8220;regularly
traded&#8221; on an established securities market if one or more classes of shares in the corporation representing in the aggregate
more than 50% of the total combined voting power and value of all classes of shares of the corporation are listed on an established
securities market. Also, with respect to each class relied upon to meet this requirement (1) such class of shares must be traded on
the market, other than in minimal quantities, on at least 60 days during the taxable year or one-sixth of the days in a short
taxable year, and (2) the aggregate number of shares of such class of shares traded on such market during the taxable year is at
least 10% of the average number of shares of such class of shares outstanding during such year or as adjusted for a short taxable
year. These two tests are deemed to be satisfied if such class of shares is traded on an established market in the United States and
such shares are regularly quoted by dealers making a market in such 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">Notwithstanding the foregoing, the Section 883 Regulations
provide, in relevant part, that a class of shares will not be considered to be &#8220;regularly traded&#8221; on an established securities
market for any taxable year in which 50% or more of the vote and value of the outstanding shares of such class are owned, actually or
constructively under specified share attribution rules, on more than half the days during the taxable year by persons who each own 5%
or more of the vote and value of such class of outstanding shares, to which we refer as the 5 Percent Override Rule.</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 purposes of being able to determine the persons
who actually or constructively own 5% or more of the vote and value of the Company&#8217;s common shares, or 5% Shareholders, the Section
883 Regulations permit a company whose stock is traded on an established securities market in the United States to rely on those persons
that are identified on Schedule 13G and Schedule 13D filings with the SEC, as owning 5% or more of the company&#8217;s common 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">In the event the 5 Percent Override Rule is triggered,
the Section 883 Regulations provide that such rule will not apply if the Company can establish that within the group of 5% Shareholders,
there are sufficient qualified shareholders within the meaning of Section 883 and the Section 883 Regulations to preclude non-qualified
shareholders in such group from owning 50% or more of the total value of the Company&#8217;s common shares for more than half the number
of days during the taxable year.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company believes that it satisfied the Publicly
Traded Test for the taxable year ended December 31, 2021, based on information reported in Schedule 13G and Schedule 13D filings with
the SEC. The Company cannot currently predict whether it will satisfy the Publicly Traded Test for the current taxable year. The stock
in the Company&#8217;s vessel-owning subsidiaries is not publicly traded, but if the Company were to meet the Publicly Traded Test described
above, the Company also generally would be a qualified shareholder for purposes of applying the 50% Ownership Test as to any subsidiary
claiming the Section 883 Exemption.</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>

<!-- Field: Page; Sequence: 118 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->119<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">A corporation&#8217;s qualification for the
Section 883 Exemption is determined for each taxable year. If the Company and/or its subsidiaries were not to qualify for the Section
883 Exemption in any year in which the Company&#8217;s vessels traded to or from the United States, the United States income taxes that
become payable would have a negative effect on the business of the Company and its subsidiaries, and would result in decreased earnings
available for distribution to the Company&#8217;s shareholders</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; text-indent: 36pt"><i>United States Taxation of Gain
on Sale of Vessels</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">If the Company&#8217;s subsidiaries qualify for the
Section 883 Exemption, then gain from the sale of any vessel would be exempt from tax under Section 883. If, however, the gain is not
exempt from tax under Section 883, the Company will not be subject to United States federal income taxation with respect to such gain
provided that the income from the vessel has never constituted effectively connected income and that the sale is considered to occur outside
of the United States under United States federal income tax principles. In general, a sale of a vessel will be considered to occur outside
of the United States for this purpose if title to the vessel, and risk of loss with respect to the vessel, pass to the buyer outside of
the United States. To </p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">the extent possible, the Company will attempt to structure any sale of a vessel so that it is considered to occur
outside of the United States.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 129.75pt">&#160;</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>United States Federal Income Taxation of United
States Holders</i></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 used herein, &#8220;United States Holder&#8221;
means a beneficial owner of the Company&#8217;s common shares that is an individual citizen or resident of the United States for United
States federal income tax purposes, a corporation or other entity taxable as a corporation created or organized in or under the laws of
the United States or any state thereof (including the District of </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Columbia), an estate the income of which is subject to United States
federal income taxation regardless of its source or a trust where a court within the United States is able to exercise primary supervision
over the administration of the trust and one or more United States persons (as defined in the Code) have the authority to control all
substantial decisions of the trust (or a trust that has made a valid election under U.S. Department of the Treasury regulations to be
treated as a domestic trust). A &#8220;Non-United States Holder&#8221; generally means any owner (or beneficial owner) of common shares
that is not a United States Holder, other than a partnership. If a partnership holds common shares, the tax treatment of a partner will
generally depend upon the status of the partner and upon the activities of the partnership. Partners of partnerships holding common shares
should consult their own tax advisors regarding the tax consequences of an investment in the common shares (including their status as
United States Holders or Non-United States Holders).</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"><i>Distributions</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">Subject to the discussion of PFICs below, any distributions
made by the Company with respect to the common shares to a United States Holder will generally constitute dividends, which may be taxable
as ordinary income or qualified dividend income as described in more detail below, to the extent of the Company&#8217;s current or accumulated
earnings and profits as determined under United States federal income tax principles. Distributions in excess of the Company&#8217;s earnings
and profits will be treated as a nontaxable return of capital to the extent of the United States Holder&#8217;s tax basis in its common
shares and, thereafter, as capital gain.</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">Dividends paid in respect of the Company&#8217;s
common shares may qualify for the preferential rate attributable to qualified dividend income if: (1) the common shares are readily tradable
on an established securities market in the United States; (2) the Company is not a PFIC for the taxable year during which the dividend
is paid or in the immediately preceding taxable year; (3) the United States Holder has owned the common shares for more than 60 days
in the 121-day period beginning 60 days before the date on which the common shares become ex-dividend and (4) the United States Holder
is not under an obligation to make related payments with respect to positions in substantially similar or related property. The first
requirement currently is and has been met, as our common shares are listed on the Nasdaq Capital Market. The Nasdaq Capital Market is
a tier of the Nasdaq Stock Market, which is an established securities market. Further, there is no minimal trading requirement for shares
to be &#8220;readily tradable,&#8221; so as long as our common shares remain listed on the Nasdaq Capital Market or any other established
securities market in the United States, the first requirement will be satisfied. However, if our common shares are delisted and are not
tradable on an established securities market in the United States (as described in &#8220;Item 3.D. Risk Factors&#8212;Company Specific
Risk Factors&#8212;Our common shares may be delisted from Nasdaq, which could affect their market price and liquidity&#8221;), the first
requirement would not be satisfied, and dividends paid in respect of our common shares would not qualify for the preferential rate attributable
to qualified dividend income. The second requirement is expected to be met as more fully described below under &#8220;&#8212;Consequences
of Possible PFIC Classification.&#8221; Satisfaction of the final two requirements will depend on the particular circumstances of each
United States Holder. Consequently, if any of these requirements are not met, the dividends paid to individual United States
Holders in respect of the Company&#8217;s common shares would not be treated as qualified dividend income and would be taxed as ordinary
income at ordinary rates.</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>

<!-- Field: Page; Sequence: 119 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->120<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">Amounts taxable as dividends generally will be treated
as income from sources outside the United States and will, depending on your circumstances, be &#8220;passive&#8221; or &#8220;general&#8221;
income which, in either case, is treated separately from other types of income for purposes of computing the foreign tax credit allowable
to you. However, if (1) the Company is 50% or more owned, by vote or value, by United States persons and (2) at least 10% of the Company&#8217;s
earnings and profits are attributable to sources within the United States, then for foreign tax credit purposes, a portion of our dividends
would be treated as derived from sources within the United States. Under such circumstances, with respect to any dividend paid for any
taxable year, the United States source ratio of the Company&#8217;s dividends for foreign tax credit purposes would be equal to the portion
of the Company&#8217;s earnings and profits from sources within the United States for such taxable year, divided by the total amount of
the Company&#8217;s earnings and profits for such taxable year.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Consequences of Possible PFIC Classification </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">A non-United States entity treated as a corporation
for United States federal income tax purposes will be a PFIC in any taxable year in which, after taking into account the income and assets
of the corporation and certain subsidiaries pursuant to a &#8220;look through&#8221; rule, either: (1) 75% or more of its gross income
is &#8220;passive&#8221; income or (2) 50% or more of the average value of its assets is attributable to assets that produce passive income
or are held for the production of passive income. If a corporation is a PFIC in any taxable year that a person holds shares in the corporation
(and was not a qualified electing fund with respect to such year, as discussed below), the shares held by such person will be treated
as shares in a PFIC for all future years (absent an election which, if made, may require the electing person to pay taxes in the year
of the election). A United States Holder of shares in a PFIC would be required to file an annual information return on IRS Form 8621 containing
information regarding the PFIC as required by U.S. Department of the Treasury regulations.</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">While there are legal uncertainties involved in this
determination, including as a result of adverse case law described herein, based upon the Company&#8217;s and its subsidiaries&#8217;
expected operations as described herein and based upon the current and expected future activities and operations of the Company and its
subsidiaries, the income of the Company and such subsidiaries from time charters should not constitute &#8220;passive income&#8221; for
purposes of applying the PFIC rules, and the assets that the Company owns for the production of this time charter income should not constitute
passive assets for purposes of applying the PFIC rules.</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">Although there is no legal authority directly on point,
this view is based principally on the position that the gross income that the Company and its subsidiaries derive from time charters constitutes
services income rather than passive rental income. The Fifth Circuit Court of Appeals decided in <i>Tidewater Inc. v. United States</i>,
565 F.3d 299 (5th Cir., 2009) that a typical time charter is a lease, and not a contract for the provision of transportation services.
In that case, the court was considering a tax issue that turned on whether the taxpayer was a lessor where a vessel was under a time charter,
and the court did not address the definition of passive income or the PFIC rules; however, the reasoning of the case could have implications
as to how the income from a time charter would be classified under such rules. If the reasoning of the <i>Tidewater</i> case is applied
to the Company&#8217;s situation and the Company&#8217;s or its subsidiaries&#8217; time charters are treated as leases, the Company&#8217;s
or its subsidiaries&#8217; time charter income could be classified as rental income and the Company would be a PFIC unless more than 25%
of the income of the Company (taking into account the subsidiary look through rule) is from spot charters plus other active income or
an active leasing exception applies. The IRS has announced that it will not follow the reasoning of the Tidewater case and would have
treated the income from the time charters at issue in that case as services income, including for other purposes of the Code. The Company
intends to take the position that all of its time, voyage and spot chartering activities will generate active services income and not
passive leasing income, but in the absence of direct legal authority specifically relating to the Code provisions governing PFICs, the
IRS or a court could disagree with this position. Although the matter is not free from doubt as described herein, based on the current
operations and activities of the Company and its subsidiaries and on the relative values of the vessels in the Company&#8217;s fleet and
the charter income in respect of the vessels, Globus Maritime Limited should not be treated as a PFIC during the taxable year ended December
31, 2021.</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">Based on the Company&#8217;s intention and expectation
that the Company&#8217;s subsidiaries&#8217; income from spot, time and voyage chartering activities plus other active operating income
will be greater than 25% of the Company&#8217;s total gross income at all relevant times and that the gross value of the vessels subject
to such time, voyage or spot charters will exceed the gross value of all the passive assets the Company owns at all relevant times, Globus
Maritime Limited does not expect that it will constitute a PFIC with respect to a taxable year in the near future.</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>

<!-- Field: Page; Sequence: 120 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->121<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">The Company will try to manage its vessels and
its business so as to avoid being classified as a PFIC for a future taxable year; however there can be no assurance that the nature
of the Company&#8217;s assets, income and operations will remain the same in the future (notwithstanding the Company&#8217;s current
expectations). Additionally, no assurance can be given that the IRS or a court of law will accept the Company&#8217;s position that
the time charters that the Company&#8217;s subsidiaries have entered into or any other time charter that the Company or a subsidiary
may enter into will give rise to active income rather than passive income for purposes of the PFIC rules, or that future changes of
law will not adversely affect this position. The Company has not obtained a ruling from the IRS on its time charters or its PFIC
status and does not intend to seek one. Any contest with the IRS may materially and adversely impact the market for the common
shares and the prices at which they trade. In addition, the costs of any contest on the issue with the IRS will result in a
reduction in cash available for distribution and thus will be borne indirectly by the Company&#8217;s shareholders.</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">If Globus Maritime Limited were to be classified as
a PFIC in any year, each United States Holder of the Company&#8217;s shares will be subject (in that year and all subsequent years) to
special rules with respect to: (1) any &#8220;excess distribution&#8221; (generally defined as any distribution received by a shareholder
in a taxable year that is greater than 125% of the average annual distributions received by the shareholder in the three preceding taxable
years or, if shorter, the shareholder&#8217;s holding period for the shares), and (2) any gain realized upon the sale or other disposition
of the common shares. Under these rules:</p>


<p style="margin-top: 0; margin-bottom: 0">&#160;</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: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the excess distribution or gain will be allocated ratably over the United States Holder&#8217;s holding period;</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the amount allocated to the current taxable year and any year prior to the first year in which the Company was a PFIC will be taxed as ordinary income in the current year; and</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">the amount allocated to each of the other taxable years in the United States Holder&#8217;s holding period will be subject to United States federal income tax at the highest rate in effect for the applicable class of taxpayer for that year, and an interest charge will be added as though the amount of the taxes computed with respect to these other taxable years were overdue.</span></td></tr>
  </table>
<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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In order to avoid the application of the PFIC rules,
United States Holders may make a qualified electing fund, or a QEF, election provided in Section 1295 of the Code in respect of their
common shares. Even if a United States Holder makes a QEF election for a taxable year of the Company, if the Company was a PFIC for a
prior taxable year during which such holder held the common shares and for which such holder did not make a timely QEF election, the United
States Holder would also be subject to the more adverse rules described above. Additionally, to the extent any of the Company&#8217;s
subsidiaries is a PFIC, an election by a United States Holder to treat Globus Maritime Limited as a QEF would not be effective with respect
to such holder&#8217;s deemed ownership of the stock of such subsidiary and a separate QEF election with respect to such subsidiary is
required. In lieu of the PFIC rules discussed above, a United States Holder that makes a timely, valid QEF election will, in very general
terms, be required to include its pro rata share of the Company&#8217;s ordinary income and net capital gains, unreduced by any prior
year losses, in income for each taxable year (as ordinary income and long-term capital gain, respectively) and to pay tax thereon, even
if no actual distributions are received for that year in respect of the common shares and even if the amount of that income is not the
same as the amount of actual distributions paid on the common shares during the year. If the Company later distributes the income or gain
on which the United States Holder has already paid taxes under the QEF rules, the amounts so distributed will not again be subject to
tax in the hands of the United States Holder. A United States Holder&#8217;s tax basis in any common shares as to which a QEF election
has been validly made will be increased by the amount included in such United States Holder&#8217;s income as a result of the QEF election
and decreased by the amount of nontaxable distributions received by the United States Holder. On the disposition of a common share, a
United States Holder making the QEF election generally will recognize capital gain or loss equal to the difference, if any, between the
amount realized upon such disposition and its adjusted tax basis in the common share. In general, a QEF election should be made by filing
a Form 8621 with the United States Holder&#8217;s federal income tax return on or before the due date for filing such United States Holder&#8217;s
federal income tax return for the first taxable year for which the Company is a PFIC or, if later, the first taxable year for which the
United States Holder held common shares. In this regard, a QEF election is effective only if certain required information is made available
by the PFIC. Subsequent to the date that the Company first determines that it is a PFIC, the Company will use commercially reasonable
efforts to provide any United States Holder of common shares, upon request, with the information necessary for such United States Holder
to make the QEF election.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition to the QEF election, Section 1296 of
the Code permits United States Holders to make a &#8220;mark-to-market&#8221; election with respect to marketable shares in a PFIC, generally
meaning shares regularly traded on a qualified exchange or market and certain other shares considered marketable under U.S. Department
of the Treasury regulations. For this purpose, a class of shares is regularly traded on a qualified exchange or market for any calendar
year during which such class of shares is traded, other than in de minimis quantities, on at least 15 days during each calendar quarter
of the year. Our common shares are regularly traded on the Nasdaq Capital Market, which is an established securities market. However,
if our common shares were to be delisted, (as described in &#8220;Item 3.D. Risk Factors&#8212;Company Specific Risk Factors&#8212;Our
common shares may be delisted from Nasdaq, which could affect their market price and liquidity&#8221;), then the mark-to-market election
generally would be&#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"></p>

<!-- Field: Page; Sequence: 121 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->122<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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">unavailable to United States Holders. If a
United States Holder makes a mark-to-market election in respect of its common shares, such United States Holder generally would, in each
taxable year: (1) include as ordinary income the excess, if any, of the fair market value of the common shares at the end of the taxable
year over such United States Holder&#8217;s adjusted tax basis in the common shares, and (2) be permitted an ordinary loss in respect
of the excess, if any, of such United States Holder&#8217;s adjusted tax basis in the common shares over their fair market value at the
end of the taxable year, but only to the extent of the net amount previously included in income as a result of the mark-to-market election
(with the United States Holder&#8217;s basis in the common shares being increased and decreased, respectively, by the amount of such
ordinary income or ordinary loss). The consequences of this election may be less favorable than those of a QEF election for United States
Holders that are sensitive to the distinction between ordinary income and capital gain.</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">United States Holders are urged to consult their tax
advisors as to the consequences of making a mark-to-market or QEF election, as well as other United States federal income tax consequences
of holding shares in a PFIC.</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 previously indicated, if the Company were to be
classified as a PFIC for a taxable year in which the Company pays a dividend or the immediately preceding taxable year, dividends paid
by the Company would not constitute &#8220;qualified dividend income&#8221; and, hence, would not be eligible for the reduced rate of
United States federal income tax.</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"><i>Sale, Exchange or Other Disposition of Common Shares</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">A United States Holder generally will recognize taxable
gain or loss upon a sale, exchange or other disposition of common shares in an amount equal to the difference between the amount realized
by the United States Holder from such sale, exchange or other disposition and the United States Holder&#8217;s tax basis in such common
shares. Assuming the Company does not constitute a PFIC for any taxable year, this gain or loss will generally be treated as long-term
capital gain or loss if the United States Holder&#8217;s holding period is greater than one year at the time of the sale, exchange or
other disposition. Long term capital </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">gains recognized by a United States Holder other than a corporation are generally taxed at preferential
rates. A United States Holder&#8217;s ability to deduct capital losses is subject to limitations.</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"><i>Net Investment Income Tax</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">A United States Holder that is an individual or estate,
or a trust that does not fall into a special class of trusts that is exempt from such tax, is subject to a 3.8% tax on the lesser of (1)
such United States Holder&#8217;s &#8220;net investment income&#8221; (or undistributed &#8220;net investment income&#8221; in the case
of estates and trusts) for the relevant taxable year and (2) the excess of such United States Holder&#8217;s modified adjusted gross income
for the taxable year over a certain threshold (which in the case of individuals will be between $125,000 and $250,000, depending on the
individual&#8217;s circumstances). A United States Holder&#8217;s net investment income will generally include its gross dividend income
and its net gains from the disposition of the common shares, unless such dividends or net gains are derived in the ordinary course of
the conduct of a trade or business (other than a trade or business that consists of certain passive or trading activities). Net investment
income generally will not include a United States Holder&#8217;s pro rata share of the Company&#8217;s income and gain if we are a PFIC
and that United States Holder makes a QEF election, as described above in &#8220;&#8212;United States Federal Income Taxation of United
States Holders&#8212;Consequences of Possible PFIC Classification&#8221;. However, a United States Holder may elect to treat inclusions
of income and gain from a QEF election as net investment income. Failure to make this election could result in a mismatch between a United
States Holder&#8217;s ordinary income and net investment income. If you are a United States Holder that is an individual, estate or trust,
you are urged to consult your tax advisor regarding the applicability of the net investment income tax to your income and gains in respect
of your investment in the common 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; text-align: justify; text-indent: 36pt"><b><i>United States Federal Income
Taxation of Non-United States Holders</i></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">A Non-United States Holder will generally not be
subject to United States federal income tax on dividends paid in respect of the common shares or on gains recognized in connection with
the sale or other disposition of the common shares provided that the Non-United States Holder makes certain tax representations regarding
the identity of the beneficial owner of the common shares, that such dividends or gains are not effectively connected with the Non-United
States Holder&#8217;s conduct of a United States trade or business and that, with respect to gain recognized in connection with the sale
or other disposition of the common shares by a non-resident alien individual, such individual is not present in the United States for
183 days or more in the taxable year of the sale or other disposition and other conditions are met. If the Non-United States Holder is
engaged in a United States trade or business for United States federal income tax purposes, the income from the common shares, including
dividends and gain from the sale, exchange or other disposition of the common stock, that is effectively connected with the conduct of
that trade or business will generally be subject to regular United States federal income tax in the same manner as discussed above relating
to the taxation of United States Holders.&#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"></p>

<!-- Field: Page; Sequence: 122 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->123<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>Backup Withholding and Information
Reporting</i></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">Information reporting to the IRS may be required with
respect to payments on the common shares and with respect to proceeds from the sale of the common shares. With respect to Non-United States
Holders, copies of such information returns may be made available to the tax authorities in the country in which the Non-United States
Holder resides under the provisions of any applicable income tax treaty or exchange of information agreement. A &#8220;backup&#8221; withholding
tax may also apply to those payments if:</p>


<p style="margin-top: 0; margin-bottom: 0">&#160;</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-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 92%"><span style="font-size: 10pt">a holder of the common shares fails to provide certain identifying information (such as the holder&#8217;s taxpayer identification number or an attestation to the status of the holder as a Non-United States Holder);</span></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</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: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">such holder is notified by the IRS that he or she has failed to report all interest or dividends required to be shown on his or her federal income tax returns; or</span></td></tr>
  </table>
<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: top">
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="width: 92%; padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">in certain circumstances, such holder has failed to comply with applicable certification requirements.</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">Backup withholding is not an additional tax and may
be refunded (or credited against the holder&#8217;s United States federal income tax liability, if any), provided that certain required
information is furnished to the IRS in a timely manner.</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">Non-United States Holders may be required to establish
their exemption from information reporting and backup withholding by certifying their status on IRS Form W-8BEN, W-8BEN-E, W-8ECI or W-8IMY,
as applicable.</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">Individual United States Holders who hold certain
specified foreign assets with values in excess of certain dollar thresholds are required to report such assets on IRS Form 8938 with their
U.S. federal income tax return, subject to certain exceptions (including an exception for foreign assets held in accounts maintained by
financial institutions). Stock in a foreign corporation, including our common shares, is a specified foreign asset for this purpose. Penalties
apply for failure to properly complete and file Form 8938. You should consult your tax advisor regarding the filing of this form. United
States Holders of common shares may be required to file additional forms with the IRS under the applicable reporting provisions of the
Code. You should consult your tax advisor regarding the filing of any such forms.</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>We encourage each United States Holder and Non-United
States Holder to consult with his, her or its own tax advisor as to the particular tax consequences to him, her or it of holding and disposing
of the Company&#8217;s common shares, including the applicability of any federal, state, local or foreign tax laws and any proposed changes
in applicable law.</b></p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><b><i>F.&#160;&#160;Dividends and
Paying Agents</i></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">Not Applicable.</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 0 0 36pt; text-align: justify"><b><i>G.&#160;&#160;Statement by Experts</i></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">Not Applicable.</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; text-indent: 36pt"><b><i>H.&#160;&#160;Documents on
Display</i></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 file reports and other information with the SEC.
These materials, including this annual report on Form 20-F and the accompanying exhibits, may be inspected and copied at the public reference
facilities maintained by the SEC at 100 F Street, N.E., Washington, D.C. 20549, or from the SEC&#8217;s website, http://www.sec.gov. You
may obtain information on the operation of the public reference room by calling 1 (800) SEC-0330 and you may obtain copies at prescribed
rates.</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; text-indent: 36pt"><b><i>I.&#160;&#160;Subsidiary
Information</i></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">Not Applicable.&#160;</p>

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

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

<!-- Field: Page; Sequence: 123 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->124<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_014"></span>Item 11.&#160;&#160;Quantitative and Qualitative
Disclosures About Market Risk</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>Interest Rates</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 are exposed to market risks associated with changes
in interest rates relating to our loan arrangements. As of December 31, 2021 we had a $31.75 million principal balance outstanding under
the CIT Loan Facility with CIT Bank N.A. and as of December 31, 2020 we had a $37 million principal balance outstanding under the EnTrust
Loan Facility with EnTrust Global&#8217;s Blue Ocean Fund.</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">Interest costs incurred under our loan arrangements
are included in our consolidated statement of comprehensive income /(loss).</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">In 2021, the weighted average interest rate for our
then-outstanding facilities in total was 5.69% and the respective interest rates on our loan agreements ranged from 3.88% to 8.75%, including
margins.</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 will continue to have debt outstanding, which could
impact our results of operations and financial condition. Although we may in the future prefer to generate funds through equity offerings
on terms acceptable to us rather than through the use of debt arrangements, we may not be able to do so. We expect to manage any exposure
in interest rates through our regular operating and financing activities and, when deemed appropriate, through the use of derivative financial
instruments.</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 following table sets forth the sensitivity of
our existing loan as of December 31, 2021 as to a 1.0% (100 basis points) increase in LIBOR, during the next two years, and reflects
the additional interest expense that will be 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"></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="border-bottom: Black 0.5pt solid; padding-right: 0.8pt"><span style="font-size: 10pt">Year</span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt">Amount</span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="width: 89%; padding-right: 0.8pt"><span style="font-size: 10pt">2022</span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;0.3 million</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">2023</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;0.3 million</span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">2024</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;0.2 million</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">2025</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;0.2 million</span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">2026</span></td>
    <td>&#160;</td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">$&#8239;&#8239;0.1 million</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>Currency and Exchange Rates</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 generate revenues from the trading of our vessels
in U.S. dollars but historically incur certain amounts of our operating expenses in currencies other than the U.S. dollar. For cash management,
or treasury, purposes, we convert U.S. dollars into foreign currencies which we then hold on deposit until the date of each transaction.
Fluctuations in foreign exchange rates create foreign exchange gains or losses when we mark-to-market these non-U.S. dollar deposits.</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 accounting purposes, expenses incurred in Euro
and other foreign currencies are converted into U.S. dollars at the exchange rate prevailing on the date of each transaction. Because
a portion of our expenses are incurred in currencies other than the U.S. dollar, our expenses may from time to time increase relative
to our revenues as a result of fluctuations in exchange rates, which could affect the amount of net income that we report in future periods.
While we historically have not mitigated the risk associated with exchange rate fluctuations through the use of financial derivatives,
we may determine to employ such instruments from time to time in the future in order to minimize this risk. Our use of financial derivatives
would involve certain risks, including the risk that losses on a hedged position could exceed the nominal amount invested in the instrument
and the risk that the counterparty to the derivative transaction may be unable or unwilling to satisfy its contractual obligations, which
could have an adverse effect on our results.</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>Commodity Risk Exposure</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">The price and supply of fuel is unpredictable and
fluctuates as a result of events outside our control, including geo-political developments, supply and demand for oil and gas, actions
by members of the Organization of Petroleum Exporting Countries and other oil and gas producers, war and unrest in oil producing countries
and regions, regional production patterns and environmental concerns and regulations. Because we do not intend to hedge our fuel costs,
an increase in the price of fuel beyond our expectations may adversely affect our profitability, cash flows and ability to pay dividends.
When our customers pay fuel costs, which they generally do when
our vessels are on bareboat or time charters, we expect that our customers factor the fuel efficiency of our vessels into the rates they
are willing to pay to charter our ships.</p>

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

<!-- Field: Page; Sequence: 124 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->125<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>Inflation</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 do not expect inflation to be a significant risk
to us in the current and foreseeable economic environment. In the event that inflation becomes a significant factor in the global economy,
inflationary pressures would result in increased operating, voyage and finance costs.</p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_015"></span>Item 12.&#160;&#160;Description of Securities
Other than Equity Securities</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">Not Applicable.</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: bold 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span id="a_016"></span>PART II</p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_017"></span>Item 13.&#160;&#160;Defaults, Dividend Arrearages
and Delinquencies</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">Not Applicable.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_018"></span>Item 14.&#160;&#160;Material Modifications to
the Rights of Security Holders and Use of Proceeds</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 0 10pt; text-align: justify; text-indent: 0cm">The superior voting rights
of our Series B preferred shares limits the ability of our common shareholders to control or influence corporate matters, and the interests
of the holder of such shares could conflict with the interests of our other shareholders.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0cm">While our common shares have
one vote per share, each of our 10,300 Series B preferred shares presently outstanding has 25,000 votes per share; however, the voting
power of the Series B preferred shares is limited such that no holder of Series B preferred shares may exercise voting rights pursuant
to any Series B preferred shares that would result in the total number of votes a holder is entitled to vote on any matter submitted to
a vote of shareholders of the Company to exceed 49.99% of the total number of votes eligible to be cast on such matter. The Series B preferred
shares, however, have no dividend rights or distribution rights, other than the right upon dissolution to receive a priority payment equal
to the par value per of $0.001 per share.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0cm">As of the date of this annual
report and until such time that we issue a significant number of securities, Goldenmare Limited, a company affiliated with our Chief Executive
Officer, can therefore control 49.99% of the voting power of our outstanding capital stock. Until such time that we issue a significant
number of securities, Goldenmare Limited will have substantial control and influence over our management and affairs and over matters
requiring shareholder approval, including the election of directors and significant corporate transactions, even though Goldenmare Limited
owns significantly less than 50% of the Company economically.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">The superior voting rights of our
Series B preferred shares limit our common shareholders&#8217; ability to influence corporate matters. The interests of the holder of
the Series B preferred shares may conflict with the interests of our common shareholders, and as a result, we may take actions that our
common shareholders do not view as beneficial. Any such conflicts of interest could adversely affect our business, financial condition
and results of operations, and the trading price of our common shares.</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; text-indent: 0cm">More specifically, the following
is a summary of the characteristics of the Series B preferred shares:</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b><i>Voting</i></b>.&#160;
To the fullest extent permitted by law, each Series B preferred share entitles the holder hereof to 25,000 votes per share on all matters
submitted to a vote of the shareholders of the Company,&#160;<i>provided however,&#160;</i>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&#160;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.</p>

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

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

<!-- Field: Page; Sequence: 125 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->126<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b><i>Conversion</i>.&#160;</b>The
Series B preferred shares are not convertible into common shares or any other security.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b><i>Redemption</i>.</b>&#160;&#160;The
Series B preferred shares are not redeemable.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b><i>Dividends</i></b><i>.&#160;</i>The
Series B preferred shares have no dividend rights.</p>

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

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


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

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

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

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

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_019"></span>Item 15.&#160;&#160;Controls and Procedures</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>(a) Disclosure Controls and Procedures</i></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">Management, including our chief executive officer
and chief financial officer, has conducted an evaluation of the effectiveness of our disclosure controls and procedures (as defined in
Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended, which we refer to as the Exchange Act) as of the
end of the period covered by this annual report on Form 20-F. Disclosure controls and procedures are defined under SEC rules as controls
and other procedures that are designed to ensure that information required to be disclosed by a company in the reports that it files or
submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within required time periods. Disclosure
controls and procedures include controls and procedures designed to ensure that information is accumulated and communicated to the issuer&#8217;s
management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate
to allow timely decisions regarding required disclosures.</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">There are inherent limitations to the effectiveness
of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding of the
controls and procedures. Accordingly, even effective disclosure controls and procedures can only provide reasonable assurance of achieving
their control objectives.</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">Based upon that evaluation, our chief executive officer
and chief financial officer has concluded that our disclosure controls and procedures are effective as of the evaluation 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"><b><i>(b) Management&#8217;s Annual Report on Internal
Control over Financial Reporting</i></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">Management is responsible for establishing and maintaining
adequate internal control over financial reporting, as such term is defined in Rule 13a-15(f) of the Exchange Act. The Company&#8217;s
internal control over financial reporting is a process designed under the supervision of the Company&#8217;s chief executive officer and
chief financial officer to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the Company&#8217;s
consolidated financial statements for external reporting purposes in accordance with IFRS as issued by the IASB. A company&#8217;s internal
control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (ii) provide reasonable assurance
that transactions are recorded as necessary to permit the preparation of financial statements in accordance with IFRS, and that receipts
and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
(iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#8217;s
assets that could have a material effect on the 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"></p>

<!-- Field: Page; Sequence: 126 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->127<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></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">Management has conducted an assessment of the effectiveness
of the Company&#8217;s internal control over financial reporting based on the framework established in Internal Control &#8211; Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission of 2013. Based on this assessment, management
has determined that the Company&#8217;s internal control over financial reporting as of December 31, 2021  was effective.</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"><span style="background-color: white">Ernst &amp; Young (Hellas) Certified
Auditors Accountants S.A., our independent registered public accounting firm, has audited the financial statements included herein and
our internal control over financial reporting and has issued an attestation report on the effectiveness of our internal control over financial
reporting as of December 31, 2021.</span></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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>(c)&#160;&#160;Attestation Report of the Registered
Public Accounting Firm</i></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">The attestation report on the Company&#8217;s internal control over financial
reporting issued by the registered public accounting firm that audited the Company&#8217;s consolidated financial statements, Ernst Young
(Hellas) Certified Auditors Accountants S.A., appears on page F-4 of the financial statements filed as part of this 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><i>(d) Changes in Internal Control over Financial
Reporting</i></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">None.</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>Inherent Limitations on Effectiveness of Controls</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"><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">Our management, including our chief executive officer
and our chief financial officer, do not expect that our disclosure controls or our internal control over financial reporting will prevent
or detect all error and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute,
assurance that the control system&#8217;s objectives will be met. Further, because of the inherent limitations in all control systems,
no evaluation of controls can provide absolute assurance that misstatements due to error or fraud will not occur or that all control issues
and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments
in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Controls can also be circumvented by
the individual acts of some persons, by collusion of two or more people, or by management override of the controls. The design of any
system of controls is based in part on certain assumptions about the likelihood of future events, and there can be no assurance that any
design will succeed in achieving its stated goals under all potential future conditions. Projections of any evaluation of controls effectiveness
to future periods are subject to risks. Over time, controls may become inadequate because of changes in conditions or deterioration in
the degree of compliance with policies or procedures.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_020"></span>Item 16A.&#160;&#160;Audit Committee Financial
Expert</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 board of directors has determined that Ioannis
Kazantzidis is our audit committee financial expert and he is considered to be &#8220;independent&#8221; according to the SEC and Nasdaq
rules.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_021"></span>Item 16B.&#160;&#160;Code of Ethics</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 have adopted a code of ethics that applies to our
directors, officers, employees and agents. Our code of ethics is posted on our website, http://www.globusmaritime.gr/files/ethics_Mar2022.pdf,
and certain of our policies can be found here: http://www.globusmaritime.gr/bod.html?submenu=corpgov, and is available upon written request
by our shareholders at no cost to Globus Shipmanagement Corp., 128 Vouliagmenis Avenue, 3rd Floor, 166 74 Glyfada, Attica, Greece. We
intend to satisfy any disclosure requirements regarding any amendment to, or waiver from, a provision of this code of ethics by posting
such information on our website.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_022"></span>Item 16C.&#160;&#160;Principal Accountant Fees
and Services</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">Ernst &amp; Young (Hellas) Certified Auditors Accountants
S.A., an independent registered public accounting firm, has audited our annual financial statements acting as our independent auditor
for the fiscal years ended December 31, 2021 and 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"></p>

<!-- Field: Page; Sequence: 127 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->128<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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 table below sets forth the total (actual) amounts billed and accrued
for Ernst &amp; Young (Hellas) Certified Auditors Accountants S.A. services and breaks down the amounts by category of services:</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: 0.8pt">&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 1.8pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td>
    <td style="padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 81%; padding-right: 0.8pt"><span style="font-size: 10pt">Audit Fees</span></td>
    <td style="text-align: right; width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">$</span></td>
    <td style="width: 8%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt"> &#8239;327,100</span></td>
    <td style="width: 1%; padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="text-align: right; width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">$</span></td>
    <td style="width: 8%; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">&#160;&#160;363,600</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Audit-Related Fees</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">&#8211;</span></td>
    <td style="padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">&#8211;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">Tax Fees</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">$</span></td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;6,850</span></td>
    <td style="padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">$</span></td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0.8pt"><span style="font-size: 10pt">All Other Fees</span></td>
    <td style="text-align: right"></td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">&#8211;</span></td>
    <td style="padding-right: 0.8pt; text-align: right">&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#8211;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2pt; padding-right: 0.8pt"><span style="font-size: 10pt"><b>Total</b></span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b>$</b></span></td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt"><b>&#8239;&#8239;333,950</b></span></td>
    <td style="padding-bottom: 2pt; padding-right: 0.8pt; text-align: right"><b>&#160;</b></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b>$</b></span></td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 0.8pt; text-align: right"><span style="font-size: 10pt"><b>&#160;&#160;368,600</b></span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Audit fees for the years ended December 31, 2021 and
2020 were paid in Euros, and we assume an exchange rate of 0.85&#8364;/$ and 0.88&#8364;/$ for 2021 and 2020, respectively.</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">&#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">Audit fees represent compensation for professional
services rendered for the audit of the consolidated financial statements and for the review of the quarterly financial information as
well as services in connection with the registration statements and related consents and comfort letters and any other audit services
required for SEC or other regulatory filings.</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">Furthermore, we have engaged Ernst &amp; Young LLP
to provide us with professional services pertaining to U.S. tax compliance preparation for the respective years.</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 Audit Committee is responsible for the appointment,
replacement, compensation, evaluation and oversight of the work of the independent auditors. As part of this responsibility, the Audit
Committee pre-approves the audit and non-audit services performed by the independent auditors in order to assure that they do not impair
the auditor&#8217;s independence from the Company. The Audit Committee has adopted a policy which sets forth the procedures and the conditions
pursuant to which services proposed to be performed by the independent auditors may be pre-approved.</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">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_023"></span>Item 16D.&#160;&#160;Exemptions from the Listing
Standards for Audit Committees</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 audit committee is comprised of two independent
members of our board of directors. Otherwise, our Audit Committee conforms to each other requirement applicable to audit committees as
required by the applicable corporate governance standards of Nasdaq.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_024"></span>Item 16E.&#160;&#160;Purchases of Equity Securities
by the Issuer and Affiliated Purchasers</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">Not applicable.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_025"></span>Item 16F.&#160;&#160;Change in Registrant&#8217;s
Certifying Accountant</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">None.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_026"></span>Item 16G.&#160;&#160;Corporate Governance</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">In lieu of obtaining an independent review of related
party transactions for conflicts of interests, consistent with Marshall Islands law requirements, a related party transaction will be
permitted if: (i) the material facts as to such director&#8217;s interest in such contract or transaction and as to any such common directorship,
officership or financial interest are disclosed in good faith or known to the board or committee, and the board or committee approves
such contract or transaction by a vote sufficient for such purpose without counting the vote of such interested director, or, if the
votes of the disinterested directors are insufficient to constitute an act of the board, by unanimous vote of the disinterested directors;
or (ii) if the material facts as to such director&#8217;s interest in such contract or transaction and as to any such common directorship,
officership or financial interest are disclosed in good faith or known to the shareholders entitled to vote thereon, and such contract
or transaction is approved by vote of such shareholders. Article VI of our articles of incorporation further limit our ability to enter
into business transactions with interested shareholders.&#160;</p>

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


<p style="margin: 0"></p>

<!-- Field: Page; Sequence: 128 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->129<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<p style="margin: 0"></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As a foreign private issuer, we are not required to
solicit proxies or provide proxy statements to Nasdaq pursuant to Nasdaq corporate governance rules or Marshall Islands law. Consistent
with Marshall Islands law, we will notify our shareholders of meetings between 15 and 60 days before the meeting. This notification will
contain, among other things, information regarding business to be transacted at the meeting. In addition, our bylaws provide that certain
shareholders must give us advance notice to properly introduce any business at a meeting of the shareholders. Our bylaws also provide
that shareholders may designate in writing a proxy to act on their behalf.</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">While a number of the Nasdaq&#8217;s corporate governance
standards do not apply to us as a foreign private issuer, we intend to comply with a number of those rules. The practices that we will
follow in lieu of Nasdaq&#8217;s corporate governance rules are as follows:</p>


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

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify; width: 4%">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 1%"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify; width: 95%"><span style="font-size: 10pt">in lieu of a nomination committee and remuneration committee comprised entirely of independent directors, our nomination and remuneration committees are and will be comprised of a majority of independent directors. Each of these committees will be comprised of a minimum of two individuals;</span></td></tr>

<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">in lieu of holding regularly scheduled meetings of the board of directors at which only independent directors are present, we will not be holding such regularly scheduled meetings;</span></td></tr>

<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">in lieu of a board of directors that is comprised by a majority of independent directors, our board of directors is not comprised of a majority of independent directors; </span></td></tr>

<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td>
    <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 3pt">in lieu of an audit committee comprised of three independent
directors, our audit committee has two members;</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify"></p></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">in lieu of having a remuneration committee with the authorities and responsibilities set forth in the Nasdaq rules, our remuneration committee is not required to have such authorities and responsibilities; and</span></td></tr>

<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font: 10pt Wingdings">&#216;</span></td>
    <td style="padding-right: 0.8pt; text-align: justify"><span style="font-size: 10pt">in lieu of obtaining shareholder approval prior to the issuance of securities (including adoption of or any amendment to any equity incentive plan), we will comply with provisions of the BCA, which allows the board of directors to approve all share issuances.</span></td></tr>
  </table>
<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">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_027"></span>Item 16H.&#160;&#160;Mining Safety Disclosure</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">Not Applicable.</p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_028"></span>Item 16I.&#160;&#160;Disclosure Regarding Foreign
Jurisdictions that Prevent Inspections</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 10pt; text-align: justify; text-indent: 0cm">Not Applicable.</p>

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

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span id="a_029"></span>PART III</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_030"></span>Item 17.&#160;&#160;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">See Item 18.</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_031"></span>Item 18.&#160;&#160;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">The following consolidated financial statements beginning
on page F-1 are filed as a part of this annual report on Form 20-F.</p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="a_032"></span>Item 19.&#160;&#160;Exhibits</p>

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

<table border="0" cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="text-align: left; width: 4%; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920117144/tm2033986d1_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">1.1</span></a></td>
    <td style="width: 96%"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920117144/tm2033986d1_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">Amended and Restated Articles of
    Incorporation of Globus Maritime Limited dated October 22, 2020 (incorporated by reference to Exhibit 99.1 to Globus Maritime Limited&#8217;s
    Annual Report on Form 6-K (Reg. No. 001-34985) furnished on October 22, 2020)</span></a></td></tr>
</table>

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

<p style="margin: 0"></p>

<!-- Field: Page; Sequence: 129 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->130<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<table border="0" cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top; width: 4%"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420419037451/tv526472_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">1.2</span></a></td>
    <td style="width: 96%"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420419037451/tv526472_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">Amended and Restated Bylaws of Globus Maritime Limited
    (incorporated by reference to Exhibit 99.1 to Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) filed
    on August 2, 2019)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420412024331/v310668_ex1-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">1.3</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420412024331/v310668_ex1-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">Certificate of Designation for Series A Preferred Stock
    of Globus Maritime Limited dated April 24, 2012 (incorporated by reference to Exhibit 1.3 to Globus Maritime Limited&#8217;s Annual
    Report on Form 20-F (Reg. No. 001-34985) filed on April 27, 2012)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920086816/tm2025760d1_ex99-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">1.4</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920086816/tm2025760d1_ex99-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Amended and Restated Statement of Designation of Rights,
    Preferences, and Privileges of Series B Preferred Stock of Globus Maritime Limited dated July 27, 2020 (incorporated by reference
    to Exhibit 99.2 to Globus Maritime Limited&#8217;s Report on Form 6-K (Reg. No. 001-34985) furnished on July 27, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit21.htm"><span style="font: 10pt Times New Roman, Times, Serif">2.1*</span></a></td>
    <td><a href="exhibit21.htm"><span style="font: 10pt Times New Roman, Times, Serif">Description of Rights of Each Class of Securities Registered
    under Section 12 of the Exchange Act</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920089067/tm2026093d1_ex4-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">2.2</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920089067/tm2026093d1_ex4-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">Specimen Common Share Certificate (incorporated herein
by reference to Exhibit 4.1 to Globus Maritime Limited&#8217;s Report on Form 6-K (Reg. No. 001-34985) furnished on July 31, 2020) </span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420416136578/v453943_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.1</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420416136578/v453943_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">Registration Rights Agreement between Globus Maritime
    Limited and Firment Trading Limited dated November 23, 2016 (incorporated by reference to Exhibit 99.1 to Globus Maritime Limited&#8217;s
    Current Report on Form 6-K (Reg. No. 001-34985) filed on November 27, 2016)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420417019941/v462766_ex4-7.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.2</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000114420417019941/v462766_ex4-7.htm"><span style="font: 10pt Times New Roman, Times, Serif">Globus Maritime Limited 2012 Equity Incentive Plan
    amended August 12, 2016 and April 9, 2017 (incorporated by reference to Exhibit 4.7 to Globus Maritime Limited&#8217;s Annual Report
    on Form 20-F (Reg. No. 001-34985) filed on April 11, 2017)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit43.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.3*</span></a></td>
    <td><a href="exhibit43.htm"><span style="font: 10pt Times New Roman, Times, Serif">Private Sublease Agreement dated August 5, 2021 between
    Globus Maritime Limited and Cyberonica S.A.</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920075729/tm2023071d1_ex4-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.4</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920075729/tm2023071d1_ex4-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">Warrant Agency Agreement dated June 22, 2020 among
    the Company, Computershare Inc., and Computershare Trust Company, N.A. as warrant agent (incorporated by reference to Exhibit 4.1
    to Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on June 22, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920075729/tm2023071d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.5</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920075729/tm2023071d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Class A Warrant dated June 22, 2020 (incorporated
    by reference to Exhibit 4.2 to Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on June
    22, 2020)</span></a></td></tr>
</table>

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

<p style="margin: 0"></p>

<!-- Field: Page; Sequence: 130 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->131<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="margin: 0"></p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top; width: 4%"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920077767/tm2023591d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.6</span></a></td>
    <td style="width: 96%"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920077767/tm2023591d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Securities Purchase Agreement dated June 26,
    2020 between the Company and the purchasers identified on the signature pages thereto (incorporated by reference to Exhibit 4.2 to
    Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on June 29, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920077767/tm2023591d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.7</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920077767/tm2023591d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Common Share Purchase Warrant to be issued
    to the purchasers under the Securities Purchase Agreement&#160;(incorporated by reference to Exhibit 4.3 to Globus Maritime Limited&#8217;s
    Current Report on Form 6-K (Reg. No. 001-34985) furnished on June 29, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920084567/tm2025075d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.8</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920084567/tm2025075d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Securities Purchase Agreement dated July 17,
    2020 between the Company and the purchasers identified on the signature pages thereto (incorporated by reference to Exhibit 4.2 to
    Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on July 17, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920084567/tm2025075d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.9</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920084567/tm2025075d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Common Share Purchase Warrant to be issued
    to the purchasers under the Securities Purchase Agreement&#160;(incorporated by reference to Exhibit 4.3 to Globus Maritime Limited&#8217;s
    Current Report on Form 6-K (Reg. No. 001-34985) furnished on July 17, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920133402/tm2037912d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.10</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920133402/tm2037912d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Securities Purchase Agreement dated December
    7, 2020 between the Company and the purchasers identified on the signature pages thereto (incorporated by reference to Exhibit 4.2
    to Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on December 9, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920133402/tm2037912d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.11</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465920133402/tm2037912d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Common Share Purchase Warrant to be issued
    to the purchasers under the Securities Purchase Agreement&#160;(incorporated by reference to Exhibit 4.3 to Globus Maritime Limited&#8217;s
    Current Report on Form 6-K (Reg. No. 001-34985) furnished on December 9, 2020)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921008789/tm214377d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.12</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921008789/tm214377d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Securities Purchase Agreement dated January
    27, 2021 between the Company and the purchasers identified on the signature pages thereto (incorporated by reference to Exhibit 4.2
    to Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on January 28, 2021)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921008789/tm214377d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.13</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921008789/tm214377d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Common Share Purchase Warrant to be issued
    to the purchasers under the Securities Purchase Agreement&#160;(incorporated by reference to Exhibit 4.3 to Globus Maritime Limited&#8217;s
    Current Report on Form 6-K (Reg. No. 001-34985) furnished on January 28, 2021)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921023984/tm216516d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.14</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921023984/tm216516d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Securities Purchase Agreement dated February&#160;12,
    2021 between the Company and the purchasers identified on the signature pages thereto (incorporated by reference to Exhibit 4.2 to
    Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on February 16, 2021)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921023984/tm216516d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.15</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921023984/tm216516d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Common Share Purchase Warrant to be issued
    to the purchasers under the Securities Purchase Agreement&#160;(incorporated by reference to Exhibit 4.3 to Globus Maritime Limited&#8217;s
    Current Report on Form 6-K (Reg. No. 001-34985) furnished on February 16, 2021)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921086327/tm2120765d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.16</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921086327/tm2120765d1_ex4-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Securities Purchase Agreement dated June&#160;25,
    2021 between the Company and the purchasers identified on the signature pages thereto (incorporated by reference to Exhibit 4.2 to
    Globus Maritime Limited&#8217;s Current Report on Form 6-K (Reg. No. 001-34985) furnished on June 28, 2021)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921086327/tm2120765d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.17</span></a></td>
    <td><a href="https://www.sec.gov/Archives/edgar/data/1499780/000110465921086327/tm2120765d1_ex4-3.htm"><span style="font: 10pt Times New Roman, Times, Serif">Form of Common Share Purchase Warrant to be issued
    to the purchasers under the Securities Purchase Agreement&#160;(incorporated by reference to Exhibit 4.3 to Globus Maritime Limited&#8217;s
    Current Report on Form 6-K (Reg. No. 001-34985) furnished on June 28, 2021) </span></a></td></tr>
</table>

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

<p style="margin: 0"></p>

<!-- Field: Page; Sequence: 131 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->132<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<table border="0" cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top; width: 4%"><a href="https://www.sec.gov/Archives/edgar/data/0001499780/000110465921066850/tm217195d1_ex99-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">4.18</span></a></td>
    <td style="width: 96%"><a href="https://www.sec.gov/Archives/edgar/data/0001499780/000110465921066850/tm217195d1_ex99-2.htm"><span style="font: 10pt Times New Roman, Times, Serif">Facility Agreement among CIT Bank, N.A. and Globus
    Maritime Limited dated May 7, 2021 (incorporated by reference to Exhibit 99.2 to Globus Maritime Limited&#8217;s Report on Form 6-K
    (Reg. No. 001-34985) filed on May 14, 2021)</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit81.htm"><span style="font: 10pt Times New Roman, Times, Serif">8.1*</span></a></td>
    <td><a href="exhibit81.htm"><span style="font: 10pt Times New Roman, Times, Serif">Subsidiaries of Globus Maritime Limited</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit121.htm"><span style="font: 10pt Times New Roman, Times, Serif">12.1*</span></a></td>
    <td><a href="exhibit121.htm"><span style="font: 10pt Times New Roman, Times, Serif">Certification pursuant to section 302 of the Sarbanes-Oxley
    Act of 2002 of the President and Chief Executive Officer</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit122.htm"><span style="font: 10pt Times New Roman, Times, Serif">12.2*</span></a></td>
    <td><a href="exhibit122.htm"><span style="font: 10pt Times New Roman, Times, Serif">Certification pursuant to section 302 of the Sarbanes-Oxley
    Act of 2002 of the Chief Financial Officer</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit131.htm"><span style="font: 10pt Times New Roman, Times, Serif">13.1*</span></a></td>
    <td><a href="exhibit131.htm"><span style="font: 10pt Times New Roman, Times, Serif">Certification pursuant to 18 U.S.C. Section 1350, as
    adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, of the President and Chief Executive Officer</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit132.htm"><span style="font: 10pt Times New Roman, Times, Serif">13.2*</span></a></td>
    <td><a href="exhibit132.htm"><span style="font: 10pt Times New Roman, Times, Serif">Certification pursuant to 18 U.S.C. Section 1350, as
    adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, of the Chief Financial Officer</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><a href="exhibit151.htm"><span style="font: 10pt Times New Roman, Times, Serif">15.1*</span></a></td>
    <td><a href="exhibit151.htm"><span style="font: 10pt Times New Roman, Times, Serif">Consent of Independent Registered Public Accounting
    Firm Ernst &amp; Young (Hellas) Certified Auditors Accountants S.A.</span></a></td></tr>
  <tr style="vertical-align: bottom">
    <td><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></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: left; vertical-align: top"><span style="font: 10pt Times New Roman, Times, Serif">101*</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">The following materials from the Company's Annual Report
    on Form 20-F for the fiscal year ended December 31, 2021, formatted in eXtensible Business Reporting Language (XBRL): (i) Consolidated
    Balance Sheets as of December 31, 2021 and 2020; (ii) Consolidated Statements of Operations for the years ended December 31, 2019,
    2020 and 2021; (iii) Consolidated Statements of Comprehensive Income/(Loss) for the years ended December 31, 2019, 2020 and 2021;
    (iv) Consolidated Statements of Stockholders' Equity for the years ended December 31, 2019, 2020 and 2021; (v) Consolidated Statements
    of Cash Flows for the years ended December 31, 2019, 2020 and 2021; and (vi) the Notes to Consolidated Financial Statements.</span></td></tr>
  </table>

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

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

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












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












<p style="font: bold 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"><i>&#160;</i></p>

<!-- Field: Rule-Page --><div style="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<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"><i>* Filed herewith.</i></p>

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

<!-- Field: Page; Sequence: 132 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->133<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i></i></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>SIGNATURES</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-indent: 27pt">The registrant hereby certifies that it meets all of
the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its
behalf.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt">&#160;</p>

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

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&#160;</td>
    <td colspan="2" style="padding-right: 1.8pt"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 1.8pt">&#160;</td>
    <td style="padding-right: 1.8pt">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="width: 80%; padding-right: 0.8pt">&#160;</td>
    <td style="width: 1%; padding-right: 1.8pt">By:</td>
    <td style="border-bottom: Black 0.5pt solid; width: 19%; padding-right: 1.8pt">/s/ Athanasios Feidakis</td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 1.8pt">&#160;</td>
    <td style="padding-right: 1.8pt"><span style="font-size: 10pt">Name: Athanasios Feidakis</span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 1.8pt">&#160;</td>
    <td>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 1.8pt 0 35.85pt; text-indent: -35.85pt">Title: President, Chief Executive
    Officer and</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 1.8pt 0 35.85pt; text-indent: -13.5pt">Chief Financial Officer</p></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:  April 11, 2022</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">&#160;</p>

<!-- Field: Page; Sequence: 133 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->134<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

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

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




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"></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>GLOBUS MARITIME LIMITED</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>CONSOLIDATED FINANCIAL STATEMENTS</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>FOR THE YEAR ENDED DECEMBER 31, 2021 </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>&#160;</b></p>

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

<!-- Field: Page; Sequence: 134 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"><p style="margin-top: 0; margin-bottom: 0"></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 34%; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->135<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a>&#160;</p></div>
    <!-- Field: /Page -->

<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>&#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>INDEX TO THE CONSOLIDATED FINANCIAL STATEMENTS</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: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p><table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Page</b></span></td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 95%"><a href="#a_033">Report of Independent Registered Public Accounting Firm (PCAOB Firm ID #<span id="xdx_907_edei--AuditorFirmId_c20210101__20211231_zId4Sprs4j45"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:AuditorFirmId">1457</ix:nonNumeric></span>)</a> </td>
    <td style="text-align: center; width: 5%"><a href="#a_033">F-2</a></td></tr>
<tr style="vertical-align: bottom">
    <td><a href="#a_060">Report of Independent Registered Public Accounting Firm</a></td>
    <td style="text-align: center"><a href="#a_060">F-3</a></td></tr>
<tr style="vertical-align: bottom">
    <td><a href="#a_070">Consolidated Statement of Comprehensive Income/(Loss)</a></td>
    <td style="text-align: center"><a href="#a_070">F-4</a></td></tr>
<tr style="vertical-align: bottom">
    <td><a href="#a_071">Consolidated Statement of Financial Position</a></td>
    <td style="text-align: center"><a href="#a_071">F-5</a></td></tr>
<tr style="vertical-align: bottom">
    <td><a href="#a_072">Consolidated Statement of Changes in Equity</a></td>
    <td style="text-align: center"><a href="#a_072">F-6</a></td></tr>
<tr style="vertical-align: bottom">
    <td><a href="#a_073">Consolidated Statement of Cash Flows</a></td>
    <td style="text-align: center"><a href="#a_073">F-7</a></td></tr>
<tr style="vertical-align: bottom">
    <td><a href="#a_074">Notes to the Consolidated Financial Statements</a></td>
    <td style="text-align: center"><a href="#a_074">F-8 to F-43</a></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>&#160;</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>&#160;</b></p>

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

<!-- Field: Page; Sequence: 135; Options: NewSection; Value: 1 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><b><span id="a_033"></span>Report of Independent Registered Public Accounting
Firm</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">To the Shareholders and the Board of Directors
of Globus Maritime Limited</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We have audited the accompanying consolidated statements
of financial position of Globus Maritime Limited (the &#8220;Company&#8221;) as of December 31, 2021 and 2020, the related consolidated
statements of comprehensive income / (loss), changes in equity and cash flows for each of the three years in the period ended December
31, 2021, and the related notes (collectively referred to as the &#8220;consolidated financial statements&#8221;). In our opinion, the
consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2021
and 2020, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2021, in conformity
with International Financial Reporting Standards (&#8220;IFRS&#8221;) as issued by the International Accounting Standards Board (&#8220;IASB&#8221;).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><span style="background-color: white">We also have audited,
in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control
over financial reporting as of December 31, 2021, based on criteria established in Internal Control-Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated April 11, 2022 expressed an unqualified
opinion thereon.</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">These financial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on the Company&#8217;s financial statements based on our audits. We
are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with
the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We conducted our audits in accordance with the standards
of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material
misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures
included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included
evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation
of the financial statements. We believe that our audits provide a reasonable basis for our opinion.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The critical audit matter communicated below is a matter
arising from the current period audit of the consolidated financial statements that was communicated or required to be communicated to
the audit committee and that: (1) relates to accounts or disclosures that are material to the consolidated financial statements and (2)
involved our especially challenging, subjective or complex judgments. The communication of the critical audit matter does not alter in
any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matter
below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.</p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; width: 17%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 83%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><b>Indicators for the reversal of impairment losses related to vessels</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><i>Description of the matter</i></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At December 31, 2021, the carrying value of the
Company&#8217;s vessels was $130,724 thousand and impairment losses of $4,615 thousand and $29,902 thousand were recognized during the
years ended December 31, 2020 and 2019 respectively. As discussed in Notes 2.13 and 5 to the consolidated financial statements, the Company
assesses whether there are any indicators that an impairment loss recognized in prior periods for a vessel may have decreased or may
no longer exist and, considers that a previously recognized impairment loss is reversed only if there has been a change in the estimates
used to determine the vessel&#8217;s recoverable amount since the last impairment loss was recognized, in accordance with IAS 36 <i>Impairment
of Assets</i> (&#8220;IAS 36&#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">At each reporting date, the Company analyzes
potential indicators for the reversal of impairment (&#34;reversal indicators&#34;), such as significant sustained recovery of charter
rates and vessel fair values. The Company's evaluation of the existence of reversal indicators considers both internal and external data
and changes in the extent and manner in which vessels are expected to be used. If such indicators exist, the recoverable amount of the
vessel is estimated to determine the extent of the impairment reversal (if any).</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">Auditing the assessment of reversal indicators was complex
given the judgement and estimation uncertainty in determining whether the recovery of charter rates and vessel fair values is sustainable
mainly due to the forward-looking nature of the information and the market volatility of vessel fair values and charter rates.</p></td></tr>
  </table>

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

<!-- Field: Page; Sequence: 136 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p></div>
    <!-- Field: /Page -->

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

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 17%; padding-right: 15.9pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><i>How we addressed the matter in our audit</i></span></td>
    <td style="width: 83%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We obtained an understanding of the Company&#8217;s process over
    the evaluation of indicators for the reversal of previously recognized impairment losses related to vessels, evaluated the design, and
    tested the operating effectiveness of the controls over the Company&#8217;s determination of potential reversal indicators.</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 analyzed management&#8217;s assessment of indicators for the
    reversal of impairment losses of vessels against the accounting guidance in IAS 36. To assess management&#8217;s assumptions for sustainable
    recovery of vessel fair values, we compared the trend of vessel fair values to historical market information derived from external information
    sources for the industry, historical and forward-looking third-party information including industry analysts&#8217; reports and other
    industry data. To assess management&#8217;s assumptions for sustainable recovery of charter rates, we compared the trend of charter rates
    to historical market information derived from external information sources for the industry and historical and forward-looking third-party
    information including industry analysts&#8217; reports.</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 considered whether the information used by management was
    consistent with evidence obtained in other areas of the audit. Further, we assessed the adequacy of the Company&#8217;s disclosures in
    Notes 2.13 and 5.</p>
    <p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>
    <p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p></td></tr>
  </table>

<p style="font: 9pt 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">/s/ <span id="xdx_90B_edei--AuditorName_c20210101__20211231_z1mTeSzp8jWl"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:AuditorName">Ernst &amp; Young (Hellas) Certified Auditors
Accountants S.A.</ix:nonNumeric></span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span>We have served as the Company&#8217;s auditor since
2007.</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span>&#160;</span></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"><span id="xdx_90D_edei--AuditorLocation_c20210101__20211231_zwo8i0V6exD8"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:AuditorLocation">Athens, Greece</ix:nonNumeric></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">April 11, 2022</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>

<!-- Field: Page; Sequence: 137 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p></div>
    <!-- Field: /Page -->

<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; text-indent: 0cm"><b><span id="a_060"></span>Report of Independent Registered Public Accounting
Firm</b></p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">To the Shareholders and the Board of Directors of Globus
Maritime Limited</p>

<p style="font: 10pt EYInterstate Light; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Opinion on Internal Control Over Financial Reporting</b></p>

<p style="font: 10pt EYInterstate Light; margin: 0"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have audited Globus Maritime Limited&#8217;s internal control
over financial reporting as of December 31, 2021, based on criteria established in Internal Control&#8212;Integrated Framework issued
by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the COSO criteria). In our opinion, Globus Maritime
Limited (&#8220;the Company&#8221;) maintained, in all material respects, effective internal control over financial reporting as of December
31, 2021, based on the COSO criteria.</p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We also have audited, in accordance with the
standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated statements of financial
position of the Company as of December 31, 2021 and 2020, the related consolidated statements of comprehensive income / (loss),
changes in equity and cash flows for each of the three years in the period ended December 31, 2021, and the related notes and our
report dated April 11, 2022 expressed an unqualified opinion thereon.</p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify"><b>&#160;</b></p>

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

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#8217;s management is responsible for maintaining
effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting
included in the accompanying Management&#8217;s Annual Report on Internal Control over Financial Reporting. Our responsibility is to express
an opinion on the Company&#8217;s internal control over financial reporting based on our audit. We are a public accounting firm registered
with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and
the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We conducted our audit in accordance with the standards of the
PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control
over financial reporting was maintained in all material respects.</p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our audit included obtaining an understanding of internal control
over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness
of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances.
We believe that our audit provides a reasonable basis for our opinion.</p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Definition and Limitations of Internal Control Over Financial
Reporting</b></p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A company&#8217;s internal control over financial reporting is
a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles. A company&#8217;s internal control over financial reporting
includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded
as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts
and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
(3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#8217;s
assets that could have a material effect on the financial statements.</p>

<p style="font: 10pt EYInterstate Light; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject
to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or
procedures may deteriorate.</p>

<p style="font: 10pt EYInterstate Light; margin: 0">&#160;</p>

<p style="font: 10pt EYInterstate Light; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">/s/ Ernst &amp; Young (Hellas) Certified Auditors Accountants S.A.</p>

<p style="font: 10pt EYInterstate Light; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Athens, Greece<br />
April 11, 2022</p>

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

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p>

<!-- Field: Page; Sequence: 138 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_070"></span>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>For the years ended December 31, 2021, 2020 and 2019</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 and per share)</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0"><b></b></p></div>
    <!-- Field: /Page -->

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p>

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



<table cellpadding="0" cellspacing="0" id="xdx_30D_113_pn3n3_zJFSYZe8qA62" summary="xdx: Statement - Consolidated Statements of Comprehensive Income/(Loss)" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td id="xdx_49B_20210101__20211231_zUMOgoHjhs29"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td id="xdx_493_20200101__20201231_zVXVSfpwmmWl"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td id="xdx_492_20190101__20191231_zaMPnx2PbR83"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Notes</b></span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">2021</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">2020</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">2019</span></td></tr>
  <tr id="xdx_40B_eifrs-full--RevenueAbstract_iB_zcGC1GFHgmJ7" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; font-weight: bold"><p style="margin-top: 0; margin-bottom: 0"></p>
                                                  <p style="margin-top: 0; margin-bottom: 0">REVENUE:</p></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--RevenueFromRenderingOfServices_uUSD_maRzish_zQW9NT7EamSf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 65%; font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Voyage
    revenues</span></td>
    <td style="width: 2%; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;2.22</b></span></td><td style="width: 1%; font-size: 9pt">&#160;</td>
    <td style="width: 10%; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,211</ix:nonFraction></span></td><td style="width: 1%; font-size: 9pt">&#160;</td>
    <td style="width: 10%; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,753</ix:nonFraction></span></td><td style="width: 1%; font-size: 9pt">&#160;</td>
    <td style="width: 10%; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,623</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--FeeAndCommissionIncome_d0_maRzish_z70QqAk4Qm3g" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Management
    &amp; consulting fee income</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>4</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:FeeAndCommissionIncome" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">170</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:FeeAndCommissionIncome" contextRef="From2020-01-012020-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:FeeAndCommissionIncome" contextRef="From2019-01-012019-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--Revenue_iT_uUSD_mtRzish_maPLFOAzwru_zzBiz7PZDI57" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    Revenues</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Revenue" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,381</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Revenue" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,753</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Revenue" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,623</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--MaterialIncomeAndExpenseAbstract_iB_zpdqvOmyg9g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">EXPENSES
    &amp; OTHER OPERATING INCOME:</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--ServicesExpense_iN_di_msPLFOAzwru_z2d38Erj39va" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Voyage
    expenses</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>13</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,128</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,490</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,098</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40E_ecustom--OperatingCosts_iN_di_msPLFOAzwru_zo5aBAzxE9Sk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Vessel
    operating expenses</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>13</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:OperatingCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">13,808</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:OperatingCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8,581</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:OperatingCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8,882</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--DepreciationExpense_iN_di_msPLFOAzwru_zUJGd9I5zE28" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Depreciation</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,910</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,398</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,721</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_ecustom--DepreciationOfDryDockingCosts_iN_di_msPLFOAzwru_zEmgh3yTA4W" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Depreciation
    of dry-docking costs</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DepreciationOfDryDockingCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,751</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DepreciationOfDryDockingCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,335</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DepreciationOfDryDockingCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,704</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--AdministrativeExpense_iN_di_msPLFOAzwru_zubFS71dpSai" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Administrative
    expenses</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>14</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,610</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,891</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,583</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40F_ecustom--AdministrativeExpenseRelatedPartyTransactions_iN_di_msPLFOAzwru_zMEOBb3Y6Mx3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Administrative
    expenses payable to related parties</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>4</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:AdministrativeExpenseRelatedPartyTransactions" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,361</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:AdministrativeExpenseRelatedPartyTransactions" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,915</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:AdministrativeExpenseRelatedPartyTransactions" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">371</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_401_ecustom--DirectorsCompensationSharebasedPayment_iN_di_msPLFOAzwru_z6DqA7ti25l5" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Share-based
    payments</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>4,12</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_402_eifrs-full--ImpairmentLoss_iN_di0_msPLFOAzwru_zasU2o6mq1X4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Impairment
    loss</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ImpairmentLoss" contextRef="From2021-01-01to2021-12-31" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ImpairmentLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ImpairmentLoss" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,902</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherOperatingIncomeExpense_maPLFOAzwru_zwfWHRynEHba" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Other
    income, net</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">171</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">89</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29</ix:nonFraction></span></td></tr>
  <tr id="xdx_40A_eifrs-full--ProfitLossFromOperatingActivities_iT_maPLzPup_mtPLFOAzwru_zYPdDRnZWdl5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Operating
    income/(loss)</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; font-weight: bold">&#160;</td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">17,944</ix:nonFraction></span></td><td style="font-size: 9pt; font-weight: bold">&#160;</td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">11,423</ix:nonFraction>)</span></td><td style="font-size: 9pt; font-weight: bold">&#160;</td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">33,649</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--RevenueFromInterest_maPLzPup_zdjyPhGNDve7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Interest
    income</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">16</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">47</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--FinanceCosts_iN_di_msPLzPup_z5FMiKuGNJXh" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Interest
    expense and finance costs</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>15</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,262</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,155</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,703</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_maPLzPup_z4tAsACxUeKc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Gain/(loss)
    on derivative financial instruments</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>11</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">181</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,647</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,950</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_maPLzPup_z4nRGE8KHg8i" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange gains/(losses), net</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">79</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">163</ix:nonFraction>)</span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(2,994)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(5,949)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(2,702)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--ProfitLoss_iT_mtPLzPup_maCIzAM0_zzKIovo6iaab" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">TOTAL
    INCOME/(LOSS) FOR THE YEAR</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; font-weight: bold">&#160;</td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td><td style="font-size: 9pt; font-weight: bold">&#160;</td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td><td style="font-size: 9pt; font-weight: bold">&#160;</td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherComprehensiveIncome_d0_maCIzAM0_znsSWSHSB6vg" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Other
    Comprehensive Income</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2021-01-01to2021-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2020-01-012020-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2019-01-012019-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--ComprehensiveIncome_iT_mtCIzAM0_zK5iZfAHFVmf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">TOTAL
    COMPREHENSIVE INCOME/(LOSS) FOR THE YEAR</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40A_ecustom--LossEarningsPerShareAbstract_iB_zGwi6DPTsZr1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font: 10pt Times New Roman, Times, Serif"><b>Earnings/(Loss)
                                            per share (U.S.$):</b></span></p></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_402_eifrs-full--DilutedEarningsLossPerShare_pip0_zcWrkgHVwio6" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Basic and Diluted income/(loss) per share for the year</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>10</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">1.01</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" sign="-" unitRef="USDPShares">18.11</ix:nonFraction>)</span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" sign="-" unitRef="USDPShares">873.36</ix:nonFraction>)</span></td></tr>
  </table>

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

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0">The accompanying notes form an
integral part of these consolidated financial statements.</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>

<!-- Field: Page; Sequence: 139 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_071"></span>CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>As at December 31, 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><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0"><b></b></p></div>
    <!-- Field: /Page -->

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

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

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





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

<table cellpadding="0" cellspacing="0" id="xdx_30C_111_pn3n3_zoYBrBroMr43" summary="xdx: Statement - Consolidated Statements of Financial Position" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td id="xdx_49F_20211231_zr5fCALYAeIb" style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td id="xdx_491_20201231_zWJj38c2EZOk" style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">ASSETS</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Notes</b></span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">2021</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">2020</span></td></tr>
  <tr style="vertical-align: bottom">
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--NoncurrentAssetsAbstract_iB_zrhIJoZIrYsk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">NON-CURRENT
    ASSETS</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--Ships_iI_maNAzf9b_zlXjt8j8fgEl" style="vertical-align: bottom; background-color: White">
    <td style="width: 75%; font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Vessels,
    net</span></td>
    <td style="width: 3%; font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td style="width: 1%; font-size: 9pt">&#160;</td>
    <td style="width: 10%; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130,724</ix:nonFraction></span></td><td style="width: 1%; font-size: 9pt">&#160;</td>
    <td style="width: 10%; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">62,350</ix:nonFraction></span></td></tr>
  <tr id="xdx_403_eifrs-full--OfficeEquipment_iI_maNAzf9b_z35AAmWDN8Fe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Office
    furniture and equipment</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OfficeEquipment" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">97</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OfficeEquipment" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></td></tr>
  <tr id="xdx_404_eifrs-full--RightofuseAssets_iI_maNAzf9b_z3p3Y3atYOfi" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Right
    of use asset</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>2,4</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">888</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">450</ix:nonFraction></span></td></tr>
  <tr id="xdx_401_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_maNAzf9b_zHEx6WOMm7wh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Restricted
    cash</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>3</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,576</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,250</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_d0_maNAzf9b_zbNdvexInhk5" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Fair
    value of derivative financial instruments</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">417</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="AsOf2020-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction><span style="font: 10pt Times New Roman, Times, Serif"></span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherNoncurrentAssets_iI_maNAzf9b_zdvaO98XLVhk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Other
    non-current assets</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_eifrs-full--NoncurrentAssets_iTI_mtNAzf9b_maAzRdp_zRmGsquszIuj" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    non-current assets</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">135,712</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">64,160</ix:nonFraction></span></td></tr>
  <tr id="xdx_40D_eifrs-full--CurrentAssetsAbstract_iB_zJUXwcrGKA79" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">CURRENT
    ASSETS</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--TradeAndOtherCurrentReceivables_iI_maCAziaw_z9oJQwmROYH5" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Trade
    accounts receivable</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,003</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">153</ix:nonFraction></span></td></tr>
  <tr id="xdx_404_eifrs-full--Inventories_iI_maCAziaw_z2FnhShWSj19" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Inventories</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>6</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">852</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,248</ix:nonFraction></span></td></tr>
  <tr id="xdx_402_eifrs-full--CurrentPrepaymentsAndOtherCurrentAssets_iI_maCAziaw_ziYQ4Aor95wb" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Prepayments
    and other assets</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentPrepaymentsAndOtherCurrentAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,224</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentPrepaymentsAndOtherCurrentAssets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,027</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_maCAziaw_zZQT3jXIslK1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Restricted
    cash</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>3</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,648</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">816</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iI_maCAziaw_zCcD13uNTP33" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>3</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">45,213</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><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></tr>
  <tr id="xdx_405_eifrs-full--CurrentAssets_iTI_mtCAziaw_maAzRdp_zCLxSS2NUV33" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    current assets</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">49,940</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">22,281</ix:nonFraction></span></td></tr>
<tr id="xdx_40B_eifrs-full--Assets_iTI_mtAzRdp_zN2aGko8DJH4" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">TOTAL
    ASSETS</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">185,652</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">86,441</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--NoncurrentLiabilitiesAbstract_i02B_zHtGmpuk8BN3" style="vertical-align: bottom; background-color: White">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">EQUITY
    AND LIABILITIES</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--EquityAbstract_i01B_zq22XKWGuZtf" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; font-weight: bold; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">EQUITY</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--IssuedCapital_iI_maEzpnR_zbpTFnVqokDd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Issued
    share capital</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>9</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">82</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td></tr>
  <tr id="xdx_405_eifrs-full--SharePremium_iI_maEzpnR_zccBcuOHVOli" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Share
    premium</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>9</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">284,406</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">195,102</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_eifrs-full--RetainedEarnings_iI_maEzpnR_zjvdiaeLcLO1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Accumulated
    deficit</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:RetainedEarnings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">138,070</ix:nonFraction>)</span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:RetainedEarnings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">153,020</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40D_eifrs-full--Equity_iTI_mtEzpnR_maEALzrTK_z4rGKWMG8zo6" style="vertical-align: bottom; background-color: White">
    <td style="text-indent: -10pt; font-size: 9pt; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 20pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    equity</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">146,418</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">42,094</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_ecustom--NoncurrentLiabilitiesIAbstract_i01B_zkHGYzw5NRD7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">NON-CURRENT
    LIABILITIES</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--LongtermBorrowings_i02I_maNLzuQV_zGJ0KlWZ39J4" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Long-term
    borrowings, net of current portion</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>4,
    11</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">26,438</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">30,887</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_i02I_maNLzuQV_zz32F4GnhOfa" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Provision
    for staff retirement indemnities</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">114</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31</ix:nonFraction></span></td></tr>
  <tr id="xdx_40B_eifrs-full--NoncurrentLeaseLiabilities_i02I_maNLzuQV_zn9WQu0PVPng" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Lease
    liabilities</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>2,
    18</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentLeaseLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">556</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentLeaseLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">367</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--NoncurrentLiabilities_i02TI_maLzila_maLzGPO_mtNLzuQV_zfPDxOsdCOF6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    non-current liabilities</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">27,108</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,285</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--CurrentLiabilitiesAbstract_i01B_ziRpID3c3ks7" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">CURRENT
    LIABILITIES</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_maCLzdue_maCLzAb8_zbuq2auLL4M2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Current
    portion of long-term borrowings</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>11</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,865</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,665</ix:nonFraction></span></td></tr>
  <tr id="xdx_401_eifrs-full--TradeAndOtherCurrentPayables_iI_maCLzdue_maCLzAb8_zATnM7kjb5Zj" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Trade
    accounts payable</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>4,
    7</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,100</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,758</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_maCLzdue_maCLzAb8_zV5Zosh8D6vk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Accrued
    liabilities and other payables</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>8</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,676</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,159</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentLeaseLiabilities_iI_maCLzdue_maCLzAb8_z5kCVdXhd5U2" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Current
    portion of lease liabilities</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>2,
    18</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentLeaseLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">349</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentLeaseLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">195</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_d0_maCLzdue_maCLzAb8_zD1EK0YTUyni" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: justify; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Fair
    value of derivative financial instruments</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>11</b></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">92</ix:nonFraction></span></td><td style="font-size: 9pt">&#160;</td>
    <td style="font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialLiabilities" contextRef="AsOf2020-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--DeferredIncomeIncludingContractLiabilities_iI_maCLzAb8_zk2rzAmd1sd9" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Deferred
    revenue</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;2.4</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:DeferredIncomeIncludingContractLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,044</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:DeferredIncomeIncludingContractLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">285</ix:nonFraction></span></td></tr>
  <tr id="xdx_404_eifrs-full--CurrentLiabilities_iTI_mtCLzAb8_maLzila_zysH6ezvLpX9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 10pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    current liabilities</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12,126</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">13,062</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_eifrs-full--Liabilities_iTI_mtLzila_maEALzrTK_z5vA0oJkbxUk" style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">TOTAL
    LIABILITIES</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Liabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">39,234</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><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_401_eifrs-full--EquityAndLiabilities_iTI_mtEALzrTK_zi2UkMddw2ye" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">TOTAL
    EQUITY AND LIABILITIES</span></td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 9pt; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">185,652</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">86,441</ix:nonFraction></span></td></tr>
  </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;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">The accompanying notes form an integral part of these
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>

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

<!-- Field: Page; Sequence: 140 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_072"></span>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 years ended December 31, 2021, 2020 and 2019</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><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0"><b></b></p></div>
    <!-- Field: /Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"></p><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p>

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




<table cellpadding="0" cellspacing="0" id="xdx_30D_114_pn3n3_zwAFuUFBpCbk" summary="xdx: Statement - Consolidated Statements of Changes in Equity" style="font: 10pt Times New Roman , Times, serif; letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td colspan="2" id="xdx_4B9_ifrs-full--ComponentsOfEquityAxis_ifrs-full--IssuedCapitalMember_zmhcAVaE85ce" style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center; font-weight: bold">&#160;</td>
    <td id="xdx_4B6_ifrs-full--ComponentsOfEquityAxis_ifrs-full--SharePremiumMember_zYY6zjMm2Toe" style="font-weight: bold; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center; font-weight: bold">&#160;</td>
    <td id="xdx_4BB_ifrs-full--ComponentsOfEquityAxis_custom--AccumulatedDeficitMember_ztdkKik7Ksqa" style="font-weight: bold; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: center; font-weight: bold">&#160;</td>
    <td id="xdx_4BF_ifrs-full--ComponentsOfEquityAxis_custom--TotalMember_zzIgtvRdu7Ni" style="font-weight: bold; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td colspan="2" style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">Issued
    Share Capital</span></td>
    <td style="text-align: center; font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">Share
    Premium</span></td>
    <td style="text-align: center; font-weight: bold">&#160;</td>
    <td style="padding-left: -10pt; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(Accumulated
    Deficit)</span></td>
    <td style="text-align: center; font-weight: bold">&#160;</td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    Equity</span></td>
    </tr>
  <tr id="xdx_43F_c20190101__20191231_eifrs-full--Equity_iS_d0_zy5yXxfeCHCl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 56%; font-weight: bold; text-align: justify; padding-bottom: 1pt"><span style="font: bold 10pt Times New Roman, Times, Serif">As
at January 1, 2019</span></td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2018-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="width: 1%; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2018-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">140,347</ix:nonFraction></span></td>
    <td style="width: 1%; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2018-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">99,297</ix:nonFraction>)</span></td>
    <td style="width: 1%; font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2018-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">41,050</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_40F_eifrs-full--ProfitLoss_d0_z1pg3soSHqth" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Loss for the year</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2019-01-012019-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td>
    </tr>
  <tr id="xdx_40C_eifrs-full--OtherComprehensiveIncome_d0_z1K1dCbvCT75" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt"><span style="font: 10pt Times New Roman, Times, Serif">Other
    comprehensive income</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2019-01-012019-12-31_custom_TotalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_407_eifrs-full--ComprehensiveIncome_iT_d0_zSXAvh2bCLSi" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    comprehensive loss</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2019-01-012019-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td>
    </tr>
  <tr id="xdx_402_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_d0_zLzVvFQV08Ei" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Share-based payments (note
    12)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2019-01-012019-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_40F_eifrs-full--IncreaseDecreaseThroughConversionOfConvertibleInstruments_d0_zSEPo0YwsH9h" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt"><span style="font: 10pt Times New Roman, Times, Serif">Issuance
    of common stock due to conversion (note 11)</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,140</ix:nonFraction></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2019-01-012019-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,140</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_438_c20200101__20201231_eifrs-full--Equity_iS_d0_z7HkbZlTOz7c" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt"><span style="font: bold 10pt Times New Roman, Times, Serif">As
    at December 31, 2019</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><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></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">135,648</ix:nonFraction>)</span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><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></span></td>
    </tr>
  <tr id="xdx_406_eifrs-full--ProfitLoss_d0_zlCELN01I8V7" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Loss for the year</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td>
    </tr>
  <tr id="xdx_401_eifrs-full--OtherComprehensiveIncome_d0_z1Fm6S3uy4Ll" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt"><span style="font: 10pt Times New Roman, Times, Serif">Other
    comprehensive income</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_409_eifrs-full--ComprehensiveIncome_iT_d0_zcsjYEh8I2wd" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    comprehensive loss</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td>
    </tr>
  <tr id="xdx_40A_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_d0_zpfFfcQKC6kl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Share-based payments (note
    12)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_407_eifrs-full--IncreaseDecreaseThroughConversionOfConvertibleInstruments_d0_zeMMv7QFRhkj" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt"><span style="font: 10pt Times New Roman, Times, Serif">Issuance
    of common stock due to conversion (note 11)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">815</ix:nonFraction></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">815</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_404_eifrs-full--IssueOfEquity_d0_zpkwVFAAlWYe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Issuance of new common
    shares (Note 9)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">49,305</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">49,317</ix:nonFraction></span></td>
    </tr>
<tr id="xdx_404_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_d0_znnCEJnCaaZb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Issuance of new common
    shares due to exercise of Warrants (Note 9)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">194</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">194</ix:nonFraction></span></td>
    </tr>
<tr id="xdx_40C_ecustom--IssueOfPreferredShares_d0_zDJwX5hdmgcb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Issuance of Class B preferred
    shares (Note 4)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">300</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">300</ix:nonFraction></span></td>
    </tr>
<tr id="xdx_404_eifrs-full--ShareIssueRelatedCost_d0_zSdTNGa6G963" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt"><span style="font: 10pt Times New Roman, Times, Serif">Transaction
    costs on issue of new common shares (Note 9)</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,079</ix:nonFraction>)</span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,079</ix:nonFraction>)</span></td>
    </tr>
<tr id="xdx_433_c20210101__20211231_eifrs-full--Equity_iS_d0_zTTSSXDPnSe6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt"><span style="font: bold 10pt Times New Roman, Times, Serif">As
    at December 31, 2020</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><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></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">153,020</ix:nonFraction>)</span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><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></span></td>
    </tr>
  <tr id="xdx_406_eifrs-full--ProfitLoss_d0_zq4X6COAH8Xj" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Income for the year</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_40A_eifrs-full--OtherComprehensiveIncome_d0_zGTJt2z5OqF6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt"><span style="font: 10pt Times New Roman, Times, Serif">Other
    comprehensive income</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_40A_eifrs-full--ComprehensiveIncome_iT_d0_zlMriWOMOHl8" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify"><span style="font: bold 10pt Times New Roman, Times, Serif">Total
    comprehensive income</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_407_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_d0_zUA6bgizfdo6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Share-based payments (note
    12)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_40E_eifrs-full--IssueOfEquity_d0_zyBDhFXRsrdf" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Issuance of new common
    shares (Note 9)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">60</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">89,520</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">89,580</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_40A_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_d0_za5loZ4BMto2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Issuance of new common
    shares due to exercise of Warrants (Note 9)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">25</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_40D_ecustom--IssueOfPreferredShares_d0_zMWPQZ2PIFCk" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Issuance of Class B preferred
    shares (Note 4)</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></td>
    </tr>
  <tr id="xdx_400_eifrs-full--ShareIssueRelatedCost_d0_z9vCJRvMlP9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt"><span style="font: 10pt Times New Roman, Times, Serif">Transaction
    costs on issue of new common shares (Note 9)</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">401</ix:nonFraction>)</span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8211;</ix:nonFraction></span></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">401</ix:nonFraction>)</span></td>
    </tr>
  <tr id="xdx_434_c20210101__20211231_eifrs-full--Equity_iE_d0_zGUqXRUo4yG6" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt"><span style="font: bold 10pt Times New Roman, Times, Serif">As
    at December 31, 2021</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">82</ix:nonFraction></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">284,406</ix:nonFraction></span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_AccumulatedDeficitMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">138,070</ix:nonFraction>)</span></td>
    <td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">146,418</ix:nonFraction></span></td>
    </tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-align: justify; text-indent: 0px"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">The
accompanying notes form an integral part of these consolidated financial statements.</p>


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

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

<!-- Field: Page; Sequence: 141 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_073"></span>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 years ended December 31, 2021, 2020 and 2019</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><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0"><b></b></p></div>
    <!-- Field: /Page -->

<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-align: left; text-indent: 0cm"></p>



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

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

<table cellpadding="0" cellspacing="0" id="xdx_303_112_pn3n3_zHH2QVtAtdk7" summary="xdx: Statement - Consolidated Statements of Cash Flows" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td>
    <td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_491_20210101__20211231_zeqWSeHEmKj1" style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_497_20200101__20201231_zLsg7joBCH4c" style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_49B_20190101__20191231_zojxaML07wyd" style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Notes</b></span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">2019</span></td></tr>
  <tr id="xdx_40A_eifrs-full--CashFlowsFromUsedInOperatingActivitiesAbstract_iB_z07MQfxQ4us2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Operating
    activities</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--ProfitLoss_zZzBRCZa5Rzf" style="vertical-align: bottom; background-color: White">
    <td style="width: 64%; text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Income
    / (Loss) for the year</span></td>
    <td style="width: 3%; font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="width: 1%">&#160;</td>
    <td style="width: 10%; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td><td style="width: 1%">&#160;</td>
    <td style="width: 10%; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td><td style="width: 1%">&#160;</td>
    <td style="width: 10%; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--AdjustmentsForReconcileProfitLossAbstract_iB_z1JElqk8ABr3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Adjustments
    for:</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--AdjustmentsForDepreciationExpense_zZzPIA1ICGK6" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Depreciation</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDepreciationExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,910</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDepreciationExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,398</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDepreciationExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,721</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_ecustom--AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_z1ApzplCbpsi" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Depreciation
    of deferred dry-docking costs</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,751</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,335</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,704</ix:nonFraction></span></td></tr>
  <tr id="xdx_407_ecustom--PaymentsOfDeferredDryDockingCosts_iN_di_zPXG4wv6Cd46" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Payment
    of deferred dry-docking costs</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:PaymentsOfDeferredDryDockingCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,664</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:PaymentsOfDeferredDryDockingCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,663</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:PaymentsOfDeferredDryDockingCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">861</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_405_eifrs-full--AdjustmentsForProvisions_znzRs1wopMxg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Provision
    for staff retirement indemnities</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForProvisions" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">83</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForProvisions" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForProvisions" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">61</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_d0_z9AADO3OiQ1d" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Impairment
    loss</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td>&#160;</td>
    <td style="text-indent: 10pt; padding-left: 10pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" contextRef="From2021-01-01to2021-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,902</ix:nonFraction></span></td></tr>
  <tr id="xdx_409_eifrs-full--AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_iN_di_zmcbuXF8ZNCa" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">(Gain)/Loss
    on derivative financial instruments</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>11</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">181</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,647</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,950</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--AdjustmentsForFinanceCosts_zbWmUnkHC80g" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Interest
    expense and finance costs</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>15</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForFinanceCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,262</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForFinanceCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,155</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForFinanceCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,703</ix:nonFraction></span></td></tr>
  <tr id="xdx_40B_eifrs-full--AdjustmentsForInterestIncome_iN_di_z1aKhIxt2yn4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Interest
    income</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForInterestIncome" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForInterestIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">16</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForInterestIncome" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">47</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_403_eifrs-full--AdjustmentsForUnrealisedForeignExchangeLossesGains_zgFwcZvcpUC3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange gains, net</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">87</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">121</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">11</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_408_eifrs-full--AdjustmentsForSharebasedPayments_zx0wDPihlqn7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Share
    based payment</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>12</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">(Increase)/decrease
    in:</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_ziXXiFQa1XJk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Trade
    accounts receivable</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">850</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">87</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">337</ix:nonFraction></span></td></tr>
  <tr id="xdx_40A_eifrs-full--AdjustmentsForDecreaseIncreaseInInventories_zPqHuwxIDFb4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Inventories</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">396</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">297</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">895</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--AdjustmentsForDecreaseIncreaseInOtherAssets_zaa6aFzUhy6e" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Prepayments
    and other assets</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">197</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">874</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">18</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Increase/(decrease)
    in:</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--AdjustmentsForIncreaseDecreaseInTradeAccountPayable_zsNpOa3e1vZb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Trade
    accounts payable</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,917</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">89</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,013</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_ecustom--AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_zPeEfflJSon2" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Accrued
    liabilities and other payables</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">503</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">392</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">63</ix:nonFraction></span></td></tr>
  <tr id="xdx_40B_eifrs-full--AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_zTdKSm7wOJo3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Deferred
    revenue</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,759</ix:nonFraction></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">285</ix:nonFraction></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">86</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--CashFlowsFromUsedInOperatingActivities_iT_maIDICAzRUT_zD4IHmquQrOk" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Net
    cash generated from / (used in) operating activities</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20,750</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">6,243</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">213</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--CashFlowsFromUsedInInvestingActivitiesAbstract_iB_zUnCtVjlXUAj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Cash
    flows from investing activities:</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_iN_di0_msCFFUIzgyv_zLDurppgpzlk" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Vessels
    acquisition</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>5</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">71,600</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">18,474</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2019-01-012019-12-31" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_iN_di_msCFFUIzgyv_z3aZrvsNKnz7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Purchase
    of vessel equipment</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">332</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">54</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">54</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_402_eifrs-full--PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_iN_di_msCFFUIzgyv_zCmrQHKxwOl2" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Purchases
    of office furniture and equipment</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">36</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">30</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">13</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40B_eifrs-full--InterestReceivedClassifiedAsInvestingActivities_maCFFUIzgyv_zYomi1avyq51" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Interest
    received</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8</ix:nonFraction></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsInvestingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">16</ix:nonFraction></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsInvestingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">47</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--CashFlowsFromUsedInInvestingActivities_iT_mtCFFUIzgyv_maIDICAzRUT_zf9tV6Du9zZe" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Net
    cash used in investing activities</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">71,960</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">18,542</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">20</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--CashFlowsFromUsedInFinancingActivitiesAbstract_iB_zF5fUe9d2Ef5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Cash
    flows from financing activities:</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td style="font-size: 12pt">&#160;</td>
    <td style="font-size: 12pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_d0_maCFFUIzo47_zkwwbRgTKArb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Proceeds
    from loans</span></td>
    <td style="text-align: center"><b>4, 11</b></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: normal 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: normal 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: normal 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,700</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di0_msCFFUIzo47_zOBjbTxkMi1f" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Repayment
    of long-term debt</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>11</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,993</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,830</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_408_ecustom--DebtInstrumentPrepaymentAmount_iN_di_msCFFUIzo47_zQLg6V8mgBgc" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Prepayment
    of long-term debt</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>11</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DebtInstrumentPrepaymentAmount" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">35,507</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DebtInstrumentPrepaymentAmount" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,040</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:DebtInstrumentPrepaymentAmount" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">33,833</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_407_eifrs-full--ProceedsFromIssuingShares_d0_maCFFUIzo47_zHqOc6UtciV3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Proceeds
    from issuance of share capital</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>9</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">89,580</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">49,317</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2019-01-012019-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td></tr>
  <tr id="xdx_406_ecustom--ProceedsFromWarrantExercises_d0_maCFFUIzo47_zDSDB1jAr1Jf" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Proceeds
    from exercise of Warrants</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:ProceedsFromWarrantExercises" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">25</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:ProceedsFromWarrantExercises" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">194</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:ProceedsFromWarrantExercises" contextRef="From2019-01-012019-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--PaymentsForShareIssueCosts_iN_di0_msCFFUIzo47_zF2AtBgvoEC7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Transaction
    costs on issuance of new common shares</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>9</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PaymentsForShareIssueCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">401</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PaymentsForShareIssueCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,079</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:PaymentsForShareIssueCosts" contextRef="From2019-01-012019-12-31" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td></tr>
  <tr id="xdx_404_eifrs-full--CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_maCFFUIzo47_zW7Bd623NJo4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">(Increase)/decrease
    in restricted cash</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>3</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">3,158</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">369</ix:nonFraction></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,085</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--PaymentsForDebtIssueCosts_iN_di0_msCFFUIzo47_zHCEF6a85mE6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Payment
    of financing costs</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PaymentsForDebtIssueCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">545</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:PaymentsForDebtIssueCosts" contextRef="From2020-01-012020-12-31" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction>&#160;&#160;</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PaymentsForDebtIssueCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">880</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_iN_di_msCFFUIzo47_zXhrTMBwPK5f" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Payment
    of lease liability - principal</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">241</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">159</ix:nonFraction>)</span></td><td>&#160;</td>
    <td style="text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">30</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--InterestPaidClassifiedAsFinancingActivities_iN_di_msCFFUIzo47_zWmsIPqiitv3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Interest
    paid</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,624</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,146</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,915</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40C_eifrs-full--CashFlowsFromUsedInFinancingActivities_iT_mtCFFUIzo47_maIDICAzRUT_zjoH4cDJ6I8" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Net
    cash generated from financing activities</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">77,386</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">41,456</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,127</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_iT_mtIDICAzRUT_zJ7Bzk33YbMd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Net
    increase in cash and cash equivalents</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>&#160;</b></span></td><td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">26,176</ix:nonFraction></span></td><td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">16,671</ix:nonFraction></span></td><td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,320</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--CashAndCashEquivalents_iS_zRjQEpMfh7n6" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents at the beginning of the year</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>3</b></span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><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 style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><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><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2018-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">46</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iE_zCgjXUzNvwc7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font: bold 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents at the end of the year</span></td>
    <td style="font-weight: bold; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>3</b></span></td><td style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">45,213</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><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 style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font: bold 10pt Times New Roman, Times, Serif"><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>
  </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: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">The accompanying notes form an integral part of these
consolidated financial statements.</p>

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

<table cellpadding="0" cellspacing="0" style="font: bold 11pt 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: 36pt"></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"></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>

<!-- Field: Page; Sequence: 142 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_074"></span>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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: 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>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory"><p id="xdx_80E_eifrs-full--DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_zO4pPLSIjJz9" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>1. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span style="font-size: 10pt"><span id="xdx_82F_zUBnoSQQHFw7">Basis of presentation
and general information</span></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span style="font-size: 10pt"><span>&#160;</span></span></b></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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The accompanying consolidated
financial statements include the financial statements of <b><i><span id="xdx_905_eifrs-full--NameOfReportingEntityOrOtherMeansOfIdentification_c20210101__20211231_zRGwLl1WDxH9" title="Name of reporting entity"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification">Globus Maritime Limited</ix:nonNumeric></span></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_90A_eifrs-full--DomicileOfEntity_c20210101__20211231_z8CfuOx73dN" title="Domicile of entity"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" 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&#8217; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 36pt; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span id="xdx_90F_eifrs-full--DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_c20210101__20211231_zXfBjtdEboK3" title="Description of nature of entity&apos;s operations and principal activities"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" 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; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 at December 31, 2021:</p>

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

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"><p id="xdx_892_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_znzOoIe3ghW6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt 0 20pt; display: none; text-align: justify; text-indent: 0cm">Basis of presentation
and general information</p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt">&#160;</td><td style="font: 11pt Baskerville Win95BT; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zJHcU9aBR8Yb" style="font: 11pt Baskerville Win95BT; text-align: center; padding-bottom: 1pt">&#160;</td><td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_487_ecustom--VesselDeliveryDate_dd0_z2NnI48HW926" style="font-size: 12pt; text-align: center">&#160;</td><td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_48F_eifrs-full--NameOfSubsidiary_d0_zBg87Cgk89Ii" style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid; padding-right: 0pt; width: 34%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><b>&#160;Company</b></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt"><b><span id="xdx_914_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zx35VXoB7eD7">Country of Incorporation</span></b></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center"><p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b><span id="xdx_91D_ecustom--VesselDeliveryDate_zL3wP0XZpEN5">Vessel Delivery
                                                                                 Date</span></b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"></p></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"><b>&#160;<span id="xdx_914_eifrs-full--NameOfSubsidiary_znn01oIG7rqc">Vessel
    Owned</span></b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: center">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td></tr>
  <tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_zNZySjX0gF7j" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Globus Shipmanagement Corp.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0566">-&#160;</span></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember" name="ifrs-full:NameOfSubsidiary">Management Co.</ix:nonNumeric></td></tr>
  <tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_zo2c3TcQVi3l" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Devocean Maritime Ltd.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">December 18, 2007</ix:nonNumeric></span></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember" name="ifrs-full:NameOfSubsidiary">m/v River Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zuBSKrcxWpI5" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Domina Maritime Ltd.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">May 19, 2010</ix:nonNumeric></span></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember" name="ifrs-full:NameOfSubsidiary">m/v Sky Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zmYOjPEsgu12" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Dulac Maritime S.A.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DulacMaritimeSAMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DulacMaritimeSAMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">May 25, 2010</ix:nonNumeric></span></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DulacMaritimeSAMember" name="ifrs-full:NameOfSubsidiary">m/v Star Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_415_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zcSV6FrviNj3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Artful Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">June 22, 2011</ix:nonNumeric></span></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember" name="ifrs-full:NameOfSubsidiary">m/v Moon Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_ziWsFW6HxqNc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt">Longevity Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Malta</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">September 15, 2011</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember" name="ifrs-full:NameOfSubsidiary">m/v Sun Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zfqwaa2r6lT3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 0pt">Serena Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 0pt"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">October 29, 2020</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember" name="ifrs-full:NameOfSubsidiary">m/v Galaxy Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_411_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zUHgO6dEUmzg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt">Talisman Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 0pt"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">July 20, 2021</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember" name="ifrs-full:NameOfSubsidiary">m/v Power Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_41A_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zcX3wb9PH6v7" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Argo Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">June 9, 2021</ix:nonNumeric></span></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember" name="ifrs-full:NameOfSubsidiary">m/v Diamond Globe</ix:nonNumeric></td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_ztyxbQVoqcbb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Calypso Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="padding-right: 30pt; padding-left: 30pt; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0593">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0594">&#8211;</span></td></tr>
  <tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zNc4vFkb2vve" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Daxos Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0596">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0597">&#8211;</span></td></tr>
  <tr id="xdx_41B_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_z0SiQ082dDue" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Olympia Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0599">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0600">&#8211;</span></td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zIbKoJmOggeb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Paralus Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0602">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0603">&#8211;</span></td></tr>
  <tr id="xdx_418_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zPYoQ6I72AVc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Salaminia Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember" name="ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary">Marshall Islands</ix:nonNumeric></td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">November 29, 2021</ix:nonNumeric></span></td><td>&#160;</td>
    <td style="text-align: center"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember" name="ifrs-full:NameOfSubsidiary">m/v Orion Globe</ix:nonNumeric></td></tr>
  </table>



</ix:nonNumeric><p id="xdx_8A3_z3jp5GMlCBR" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The consolidated financial statements as
at December 31, 2021 and 2020 and for the three years in the period ended December 31, 2021, were approved for issuance by the Board
of Directors on April 6, 2022.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"><b>&#160;</b>&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"></p>

<ix:exclude><!-- Field: Page; Sequence: 143 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"></p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"><p id="xdx_80B_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zj5diNZAHRjl" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span><span id="xdx_823_zC6fTBJngxX">Basis
of Preparation and Significant Accounting Policies</span></span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -18pt">&#160;</p>


<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfGoingConcernExplanatory"><p id="xdx_84A_eifrs-full--DisclosureOfGoingConcernExplanatory_zmo1DXvPxzpk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.1
&#8239;&#8239;&#8239;&#8239;<span id="xdx_86C_zvus4WjeRJQf">Basis of Preparation:</span> </b>The consolidated financial statements
have been prepared on a historical cost basis, except for derivative financial instruments which are measured at fair value. The
consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand ($ 000s) except
when otherwise indicated.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify; text-indent: -40pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company performs on a regular basis
an assessment to evaluate its ability to
continue as a going concern.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In assessing whether the going concern assumption is appropriate, management takes
into account all available information about the future, which is at least, but is not limited to, twelve months from the end of the reporting
period. The degree of consideration depends on the facts in each case and depends on the Company&#8217;s profitability and ready access to financial resources, In certain cases, management may need to consider a wide range of factors relating to current and
expected profitability, debt repayment schedules, compliance with the financial and security collateral cover ratio covenants under its existing debt agreements and potential sources of replacement financing before it can satisfy itself that the going
concern basis is appropriate. The Company may need to develop detailed cash flow projections as part of its assessment in such cases.
In developing estimates of future cash flows, the Company makes assumptions about the vessels&#8217; future performance, with the significant assumptions relating to time charter equivalent rates, vessels&#8217; operating
expenses, vessels&#8217; capital expenditures, fleet utilization, Company&#8217;s general
and administrative expenses and cash flow requirements for debt servicing. The assumptions used to develop estimates of future cash flows
are based on historical trends as well as future expectations.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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 9). As at December 31, 2021, the Company reported a working capital surplus of $<span id="xdx_90D_eifrs-full--CurrentAssetsLiabilities_iI_pn3n6_c20211231_zpaAGZUlRwx5" title="Working capital surplus/ (deficit)"><ix:nonFraction name="ifrs-full:CurrentAssetsLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="6" unitRef="USD">37.8</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 35.45pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The above conditions indicate that the Company is expected to be able to
operate as a going concern and these consolidated financial statements were prepared under this assumption.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 35.45pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 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 values. For the first quarter of 2020, the Company concluded that the recoverable amounts of the vessels
were lower than their carrying amounts and an impairment loss of $<span id="xdx_901_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_c20200101__20201231_zrzH2mjPbWKl" title="Impairment loss"><ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction>
</span>was recorded (Note 5). The Company has re-assessed impairment indicators  as at December 31, 2021  and
concluded that <span id="xdx_90C_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_do_c20210101__20211231_zjbJQBP3Sv76"><ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" contextRef="From2021-01-01to2021-12-31" format="ixt-sec:numwordsen" decimals="-3" scale="3" unitRef="USD">no</ix:nonFraction></span> further impairment of its vessels should be recorded or previously recognized impairment should be reversed.</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">&#160;</p>

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

<ix:exclude><!-- Field: Page; Sequence: 144 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<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 35.45pt; text-align: justify"></p>



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

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


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of
Preparation and Significant Accounting Policies (continued)</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Statement of Compliance:
</b>These consolidated financial statements of the Company have been prepared in accordance with <span id="xdx_901_edei--EntityAccountingStandard_c20210101__20211231_zOmYU5LHSq64"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="dei:EntityAccountingStandard">International Financial Reporting Standards</ix:nonNumeric></span>
(&#8220;IFRS&#8221;) as issued by the International Accounting Standards Board (&#8220;IASB&#8221;).</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Basis of Consolidation:</b>
The consolidated financial statements comprise the financial statements of Globus and its subsidiaries listed in Note 1. The financial
statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">All inter-company balances
and transactions have been eliminated upon consolidation. Subsidiaries are fully consolidated from the date on which control is transferred
to the Company and cease to be consolidated from the date on which control is transferred out of the Company.</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="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations"><p id="xdx_846_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_z1xY9VIQiRpb" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.2 &#8239;&#8239;&#8239;<span id="xdx_864_zOYoRsa6Y1A6">Standards amendments and
interpretations:</span></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The accounting policies adopted are consistent
with those of previous financial year except for the following amended IFRS which have been adopted by the Company as at January 1, 2021:</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IFRS 16 Leases-C&#959;vid 19 Related
Rent Concessions (Amendment)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b></b>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendment applies, retrospectively,
to annual reporting periods beginning on or after 1 June 2020. Earlier application is permitted, including in financial statements
not yet authorized for issue at May 28, 2020. IASB amended the standard to provide relief to lessees from applying IFRS 16
guidance on lease modification accounting for rent concessions arising as a direct consequence of the covid-19 pandemic. The
amendment provides a practical expedient for the lessee to account for any change in lease payments resulting from the covid-19
related rent concession the same way it would account for the change under IFRS 16, if the change was not a lease modification, only
if all of the following conditions are met:</p>

<p style="font: 10pt 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: 5%"></td><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">The change in lease payments results in revised consideration for the lease
that is substantially the same as, or less than, the consideration for the lease immediately preceding the change.</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: 5%"></td><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">Any reduction in lease payments affects only payments originally due on or
before June 30, 2021.</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: 5%"></td><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">There is no substantive change to other terms and conditions of the lease.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendment had no impact on the consolidated
financial statements of the Company.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Interest Rate Benchmark Reform &#8211;
Phase 2 &#8211; IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Attributing Benefit to Periods of Service
(IAS 19 Employee Benefits) &#8211; IFRS Interpretation Committee (IFRS IC or IFRIC) Agenda Decision issued May 2021</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The International Financial Reporting Standards
Interpretations Committee issued a final agenda decision in May 2021, under the title &#34;Attributing Benefits to Periods of Service&#34;
(IAS 19), which includes explanatory material regarding the attribution of benefits in periods of service regarding a specific defined
benefit plan analogous to that defined in Article 8 of Greek Law 3198/1955 regarding provision of compensation due to retirement (the
&#34;Labor Law Defined Benefit Plan&#34;). This explanatory information differentiates the way in which the basic principles and regulations
of IAS 19 have been applied in Greece in the previous years, and therefore, according to what is defined in the &#8220;IASB Due Process
Handbook (par 8.6)&#8221;, entities that prepare their financial statements in accordance with IFRS are required to amend their Accounting
Policy accordingly. Based on the above, the aforementioned decision is implemented in accordance with paragraphs 19-22 of IAS 8 as a change
in accounting policy. The agenda decision had no impact on the consolidated financial statements of the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>

<ix:exclude><!-- Field: Page; Sequence: 145 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation
and Significant Accounting Policies (continued)</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Standards issued but not yet
effective and not early adopted:</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Amendment in IFRS 10 Consolidated Financial Statements and
IAS 28 Investments in Associates and Joint Ventures: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments address an acknowledged
inconsistency between the requirements in IFRS 10 and those in IAS 28, in dealing with the sale or contribution of assets between an investor
and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction
involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets
that do not constitute a business, even if these assets are housed in a subsidiary. In December 2015 the IASB postponed the effective
date of this amendment indefinitely pending the outcome of its research project on the equity method of accounting. Management has assessed
that this amendment will have no impact on the Company&#8217;s financial position or performance.</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"><b></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 0 0 18pt; text-align: justify"><b>IAS 1 Presentation of Financial Statements:
Classification of Liabilities as Current or Non-current (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments were initially effective
for annual reporting periods beginning on or after January 1, 2022 with earlier application permitted. However, in response to the covid-19
pandemic, the Board has deferred the effective date by one year, i.e. 1 January 2023, to provide companies with more time to implement
any classification changes resulting from the amendments. The amendments aim to promote consistency in applying the requirements by helping
companies determine whether, in the statement of financial position, debt and other liabilities with an uncertain settlement date should
be classified as current or non-current. The amendments affect the presentation of liabilities in the statement of financial position
and do not change existing requirements around measurement or timing of recognition of any asset, liability, income or expenses, nor the
information that entities disclose about those items. Also, the amendments clarify the classification requirements for debt which may
be settled by the company issuing own equity instruments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In November 2021, the Board issued an
exposure draft (ED), which clarifies how to treat liabilities that are subject to covenants to be complied with, at a date
subsequent to the reporting period. In particular, the Board proposes narrow scope amendments to IAS 1 which effectively reverse the
2020 amendments requiring entities to classify as current, liabilities subject to covenants that must only be complied with within
the next twelve months after the reporting period, if those covenants are not met at the end of the reporting period. Instead, the
proposals would require entities to present separately all non-current liabilities subject to covenants to be complied with only
within twelve months after the reporting period. Furthermore, if entities do not comply with such future covenants at the end of the
reporting period, additional disclosures will be required. The proposals will become effective for annual reporting periods
beginning on or after January 1, 2024 and will need to be applied retrospectively in accordance with IAS 8, while early adoption is
permitted. The Board has also proposed to delay the effective date of the 2020 amendments accordingly, such that entities will not
be required to change current practice before the proposed amendments come into effect. Management has assessed that these
amendments will have no impact on the Company&#8217;s financial position or performance.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 14.15pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IFRS 3 Business Combinations; IAS 16
Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets as well as Annual Improvements 2018-2020
(Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments are effective for annual
periods beginning on or after January 1, 2022, with earlier application permitted. The IASB has issued narrow-scope amendments to the
IFRS Standards as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b>IFRS 3 Business Combinations (Amendments)</b> update a reference in IFRS 3 to the Conceptual Framework
for Financial Reporting without changing the accounting requirements for business combinations.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b>IAS 16 Property, Plant and Equipment (Amendments)</b> prohibit a company from deducting from the cost
of property, plant and equipment amounts received from selling items produced while the company is preparing the asset for its intended
use. Instead, a company will recognize such sales proceeds and related cost in profit or loss.</td></tr></table>



<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0">
<tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b></b>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"><b>IAS 37 Provisions, Contingent Liabilities and Contingent
Assets (Amendments)</b> specify which costs a company includes in determining the cost of fulfilling a contract for the purpose of assessing
whether a contract is onerous.</p>
</td></tr>
</table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0">
<tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b></b>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"><b>Annual Improvements 2018-2020</b> make minor amendments
to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IAS 41 Agriculture and the
Illustrative Examples accompanying IFRS 16 Leases.</p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt">&#160;</p>
</td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Management has assessed that these amendments
will have no impact on the Company&#8217;s financial position or performance.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">IFRS 16 Leases -C&#959;vid 19 Related
Rent Concessions beyond June 30, 2021 (Amendment)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Amendment applies to annual
reporting periods beginning on or after April 1, 2021, with earlier application permitted, including in financial statements not yet
authorized for issue at the date the amendment is issued. In March 2021, the Board amended the conditions of the practical expedient
in IFRS 16 that provides relief to lessees from applying the IFRS 16 guidance on lease modifications to rent concessions arising as
a direct consequence of the covid-19 pandemic. Following the amendment, the practical expedient now applies to rent concessions for
which any reduction in lease payments affects only payments originally due on or before June 30, 2022, provided the other
conditions for applying the practical expedient are met. Management has assessed will have no impact on the Company&#8217;s
financial position or performance.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 32.15pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b></b></p>

<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 0 0 18pt; text-align: justify"></p>

<ix:exclude><!-- Field: Page; Sequence: 146 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<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"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation
and Significant Accounting Policies (continued)</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 1 Presentation of Financial Statements
and IFRS Practice Statement 2: Disclosure of Accounting policies (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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 &#8216;significant&#8217;
accounting policies with a requirement to disclose &#8216;material&#8217; 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 has assessed that these amendments will have no impact on the Company&#8217;s financial position or performance.</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 8 Accounting policies, Changes in Accounting
Estimates and Errors: Definition of Accounting Estimates (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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
has assessed that these amendments will have no impact on the Company&#8217;s financial position or performance.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 12 Income taxes: Deferred Tax related
to Assets and Liabilities arising from a Single Transaction (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments are effective for annual periods
beginning on or after January 1, 2023 with earlier application permitted. In May 2021, the Board issued amendments to IAS 12, which narrow
the scope of the initial recognition exception under IAS 12 and specify how companies should account for deferred tax on transactions
such as leases and decommissioning obligations. Under the amendments, the initial recognition exception does not apply to transactions
that, on initial recognition, give rise to equal taxable and deductible temporary differences. It only applies if the recognition of a
lease asset and lease liability (or decommissioning liability and decommissioning asset component) give rise to taxable and deductible
temporary differences that are not equal. Management has assessed that these amendments will have no impact on the Company&#8217;s financial
position or performance.</p>

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

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory"><p id="xdx_84F_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zMgImAsxEbU6" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.3
&#8239;&#8239;&#8239;</b><span id="xdx_867_zaAG7ETBxTE6" style="font: bold 10pt Times New Roman, Times, Serif">Significant
accounting policies, judgments, estimates and assumptions:</span> The preparation of consolidated financial statements in conformity
with IFRS requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amounts of revenues
and expenses recognised during the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes
that could require a material adjustment to the carrying amount of the asset or liability affected in the future.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -21.25pt"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Judgments: </b>In
the process of applying the Company&#8217;s accounting policies, management has made the following judgments that had a significant effect
on the amounts recognised in the consolidated financial statements.</p>

<p style="font: 9pt 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: 5%"></td><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt"><i>Provision for expected credit losses: </i>The Company
                                                                                                     measures allowance for all trade accounts receivable under the simplified model using the lifetime expected credit loss
                                                                                                     (&#8220;ECL&#8221;) approach. When estimating ECLs, the Company considers reasonable and supportable information that is available
                                                                                                     without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic
                                                                                                     conditions. Provisions for expected credit losses as at December 31, 2021 and 2020, were $<span id="xdx_907_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zfm31i9wYZak" title="Provision for doubtful trade receivables"><ix:nonFraction name="glbs:AllowanceForDoubtfulTradeReceivables" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8</ix:nonFraction></span>
                                                                                                     and nil, respectively. <span id="xdx_900_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20200101__20201231_zxySlBlcSPbl" title="Provision for doubtful trade receivables" style="display: none"><ix:nonFraction name="glbs:AllowanceForDoubtfulTradeReceivables" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">0</ix:nonFraction></span></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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Estimates and assumptions: </b>The key assumptions
concerning the future and other key sources of estimation uncertainty at the financial position date, that have a significant risk of
causing a significant adjustment to the carrying amount of assets and liabilities within the next financial year, are discussed below.
The Company based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing
circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond
the control of the Company. Such changes are reflected in the assumptions when they occur.</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><i>Carrying amount of vessels, net</i>: Vessels are stated at cost, less accumulated depreciation (including
depreciation of dry-docking costs and the amortization of the component attributable to favourable or unfavourable lease terms relative
to market terms) and accumulated impairment losses. The estimates and assumptions that have the most significant effect on the vessels
carrying amount are estimations in relation to useful lives of vessels, their residual value and estimated dry docking dates. The key
assumptions used are further explained in notes 2.9 to 2.13.</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font: 10pt Times New Roman, Times, Serif"><i>Impairment
                                            of Non-Financial Assets and Reversal of previously recognized impairment losses</i>: &#160;&#160;The
                                            Company&#8217;s impairment test for non-financial assets is based on the assets&#8217; recoverable
                                            amount, where the recoverable amount is the greater of fair value less costs to sell and
                                            value in use. The Company engaged independent valuation specialists to determine the fair
                                            value of non-financial assets as at December 31, 2021 and 2020. The value in use calculation
                                            is based on a discounted cash flow model. The value in use calculation is most sensitive
                                            to the discount rate used for the discounted cash flow model as well as the expected net
                                            cash flows. See notes 2.13 and 5. The Company assesses also at each reporting date whether
                                            there is any indication that an impairment loss recognized in prior periods for a vessel
                                            may no longer exist or may have decreased.</span></td></tr></table>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"></p>


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

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"></p>

<ix:exclude><!-- Field: Page; Sequence: 147 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b>&#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; text-align: justify"><b></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; text-align: justify"></p>

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




</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zWoNq07zRX7b" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_zqPdrcYIL2Qb">Accounting for revenue and related expenses:</span></b> The Company generates
its revenues from charterers for the charter hire of its vessels. Vessels are chartered using time charters and bareboat, 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 and the Company is required to disclose lease and non-lease components
of lease revenue. Associated voyage expenses 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: 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 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Interest income</b>: interest
income is recognised as interest on an accrual basis.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Voyage expenses</b>: Voyage expenses primarily
consisting of port, canal and bunker expenses that are unique to a particular charter under time charter arrangements are paid by the
charterer. Furthermore, voyage expenses include brokerage commission on revenue which is paid by the Company. Voyage expenses are accounted
for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all voyage expenses and risk of operation.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -1cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Vessel operating expenses</b>: Vessel operating
costs include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs. Under bareboat charter
arrangements, these expenses are paid by the charterer and by the Company under time charter and voyage charter arrangements. Vessel operating
expenses are accounted for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all vessel operating
expenses and risk of operation.</p>

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


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"><p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zPds4Pls9JMf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_867_zvF5i80PW5q3">Foreign currency translation:</span></b> The functional currency of Globus and
its subsidiaries is the U.S. dollar, which is also the presentation currency of the Company, since the Company&#8217;s vessels operate
in international shipping markets, whereby the U.S. dollar is the currency used for transactions. Transactions involving other currencies
during the period are converted into U.S. dollars using the exchange rates in effect at the time of the transactions. At the financial
position dates, monetary assets and liabilities, which are denominated in currencies other than the U.S. dollar, are translated into the
functional currency using the period-end exchange rate. Gains or losses resulting from foreign currency transactions are included in foreign
exchange gains/(losses), net in the consolidated statement of comprehensive income/(loss).</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 0 0 18pt; text-align: justify"></p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory"><p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_zB92ieplxWA3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_862_zRIzGnW73ox">Cash and cash equivalents:</span></b> The Company considers highly liquid investments
such as time deposits and certificates of deposit with original maturity of three months or less to be cash and cash equivalents.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory"><p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_z2pQ0SxcMvt5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_z6xCs76nfbPc">Trade
accounts receivable, net</span></b><b><i>: </i></b>The amount shown as trade accounts receivable at each financial position date
includes estimated recoveries from charterers for hire, net of an allowance for doubtful accounts. Trade accounts receivable without
a significant financing component are initially measured at their transaction price and subsequently measured at amortized cost less
impairment losses, which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position
date, all potentially uncollectible accounts are assessed individually for the purpose of determining the appropriate provision for
expected credit losses. The provision for expected credit losses at December 31, 2021 was $<span id="xdx_90C_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zQ23y6ZTTDBa"><ix:nonFraction name="glbs:AllowanceForDoubtfulTradeReceivables" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8</ix:nonFraction> </span>(2020:
nil).</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 0 0 18pt; text-align: justify"></p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zsKVBNb0JPGc" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86B_zXlvD8C1tqR3">Inventories:</span></b> Inventories consist of lubricants, bunkers and gas cylinders and are stated at the
lower of cost and net realisable value. The cost is determined by the first-in, first-out method.</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 0 0 18pt; text-align: justify"></p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zD1OikEbOGA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_869_zkc2mUVLN9xb">Vessels,
net:</span></b> Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking costs and amortization
of components attributable to favourable or unfavourable lease terms relative to market terms) and accumulated impairment losses. Vessel
cost consists of the contract price for the vessel and any material expenses incurred upon acquisition (initial repairs, improvements
and delivery expenses, interest, commissions paid and on-site supervision costs incurred during the construction periods). Subsequent
expenditures for conversions and major improvements are also capitalised when the recognition criteria are met. Otherwise these amounts
are charged to expenses as incurred.&#160;</p>

<p style="font: 10pt 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"><b></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>

<ix:exclude><!-- Field: Page; Sequence: 148 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory"><p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_zSm0H9zAA8cg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zZuXkxFPMKId">Dry-docking costs</span></b>: <span style="font-weight: normal">Vessels are required to be dry-docked for major repairs and maintenance
that cannot be performed while the vessels are operating. Dry-dockings occur approximately every <span id="xdx_900_ecustom--IntervalBetweenVesselDrydockingSpecialSurvey_dtY_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zbf7cBFb9dGf"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DeferredDryDockingCostsMember" format="ixt-sec:duryear" name="glbs:IntervalBetweenVesselDrydockingSpecialSurvey">2.5</ix:nonNumeric></span>
years</span><span style="font-weight: normal">. The costs associated with the dry-dockings are capitalised and depreciated on
a straight-line basis over the period between dry-dockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management
estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled dry-docking of the
vessel under the ownership of the Company and this component is depreciated on a <span id="xdx_902_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zo08hnrHGOJd"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_DeferredDryDockingCostsMember" name="ifrs-full:DepreciationMethodPropertyPlantAndEquipment">straight-line
basis</ix:nonNumeric></span></span> <span style="font-weight: normal">over the remaining period through the estimated dry-docking date.</span></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>&#160;</b></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"></p>

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


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory"><p id="xdx_846_eifrs-full--DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_zPICpNOS8q7g" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86B_z6I0KTxTxf6f">Depreciation:
</span></b>The cost of each of the Company&#8217;s vessels is depreciated on a <span id="xdx_90D_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zxalKg0dCct3" title="Depreciation method"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_VesselsMember" name="ifrs-full:DepreciationMethodPropertyPlantAndEquipment">straight-line
basis</ix:nonNumeric></span> over each vessel&#8217;s remaining useful economic life, after considering the estimated residual value of each vessel,
beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels is <span id="xdx_901_eifrs-full--DescriptionOfUsefulLifePropertyPlantAndEquipment_pip0_dt_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zqU53Vp3cVEc" title="Useful life"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_VesselsMember" name="ifrs-full:DescriptionOfUsefulLifePropertyPlantAndEquipment">25
years</ix:nonNumeric></span>, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and
estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively.
During 2019 and 2020 the Company maintained the same scrap rate at $<span id="xdx_908_ecustom--VesselsScrapRatePerTon_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zpMLPnYmQ19b" title="Vessels scrap rate per ton"><span id="xdx_906_ecustom--VesselsScrapRatePerTon_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z5y2Pa2wDCwe" title="Vessels scrap rate per ton"><ix:nonFraction name="glbs:VesselsScrapRatePerTon" contextRef="From2020-01-012020-12-31_custom_VesselsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="glbs:VesselsScrapRatePerTon" contextRef="From2019-01-012019-12-31_custom_VesselsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">300</ix:nonFraction></ix:nonFraction></span></span>/ton.
During the fourth quarter of 2021, the Company adjusted the scrap rate from $300/ton to $<span id="xdx_90C_ecustom--VesselsScrapRatePerTon_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zOL2jPvxRP9e" title="Vessels scrap rate per ton"><ix:nonFraction name="glbs:VesselsScrapRatePerTon" contextRef="From2021-01-012021-12-31_custom_VesselsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">380</ix:nonFraction></span>/ton
due to the increased scrap rates worldwide. This resulted to a decrease of $<span id="xdx_900_ecustom--ExtraDepreciationPropertyPlantAndEquipment_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zuGqPzE8WeRj" title="Decrease in depreciation expense due to changes in scrap rate"><ix:nonFraction name="glbs:ExtraDepreciationPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_VesselsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">145</ix:nonFraction></span> to the depreciation charge included in the consolidated
statement of comprehensive income/(loss) for 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForLeasesExplanatory_zsBIs2ObOeLl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zebiargfeIW3">Amortization of lease component:</span></b> When the Company acquires a vessel subject to an operating lease;
it amortizes the amount reflected in the cost of that vessel that is attributable to favourable or unfavourable lease terms relevant to
market terms, over the remaining term of the lease<span style="background-color: white">. The amortization is included in the line &#8220;amortization</span>
of fair value of time charter attached to vessels&#8221; in the income statement component of the consolidated statement of comprehensive
income/(loss).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"><p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_zS0rFotRDzn9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zfzodF1H30Xc">Impairment
of Long-Lived Assets and Reversal of previously recognized impairment losses:</span></b> The Company assesses at each reporting date
whether there is an indication that a vessel may be impaired. The vessel&#8217;s recoverable amount is estimated when events or
changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value
exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the
greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted
to their present value using a discount rate that reflects current market assessments of the time value of money and the risks
specific to the vessel. Impairment losses are recognised in the consolidated statement of comprehensive income/(loss). The Company
assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a
vessel may no longer exist or may have decreased. A previously recognised impairment loss is reversed only if there has been a
change in the estimates used to determine the asset&#8217;s recoverable amount since the last impairment loss was recognised. If
that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the
carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised for the asset in prior
years. Such reversal is recognised in the consolidated statement of comprehensive income/(loss). After such a reversal, the
depreciation charge is adjusted in future periods to allocate the asset&#8217;s revised carrying amount, less any residual value, on
a systematic basis over its remaining useful life (refer to note 5).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zAhP3GOIvtr3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86C_zOhKTaooI6lf">Long-term debt:</span></b> Long-term debt is initially recognised at the fair value of the consideration received
net of financing costs directly attributable to the borrowing. After initial recognition, long-term debt is subsequently measured at amortized
cost using the effective interest rate method. Amortized cost is calculated by taking into account any financing costs and any discount
or premium on settlement. Gains and losses are recognised in the income statement component of the consolidated statement of comprehensive
income/(loss) when the liabilities are derecognised or impaired, as well as through the amortization process.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory"><p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinanceCostsExplanatory_zgQhoG8IeMq4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zV2lMqgZ4Qd">Financing
costs:</span></b> Fees incurred for obtaining new loans or refinancing existing loans are deferred and amortized over the life of the
related debt, using the effective interest rate method. Any unamortized balance of costs relating to loans repaid or refinanced is expensed
in the period the repayment or refinancing is made. For the year ended December 31, 2021, the Company deferred financing costs of $<span id="xdx_903_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zMOfhEmmDOqg"><ix:nonFraction name="ifrs-full:BorrowingCostsCapitalised" contextRef="From2021-01-012021-12-31_custom_CiTMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">545</ix:nonFraction></span>,
which relate to the costs incurred for the loan agreement with CIT Bank N.A. (This loan facility is referred to as the CIT Loan Facility,
see Note 11 for more details). For the year ended December 31, 2020, the Company did not incur any financing costs. For the year ended
December 31, 2019, the Company deferred financing costs of $<span id="xdx_90F_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zdMRhgoLWamj"><ix:nonFraction name="ifrs-full:BorrowingCostsCapitalised" contextRef="From2019-01-012019-12-31_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">880</ix:nonFraction></span>,
which relate to the costs incurred for the loan agreement with EnTrust Global&#8217;s Blue Ocean Fund (see Note 11 for more details).<span id="xdx_90E_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20200101__20201231_zldE7K5PYa74" style="display: none"><ix:nonFraction name="ifrs-full:BorrowingCostsCapitalised" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">0</ix:nonFraction></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><i>&#160;</i></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory"><p id="xdx_84B_eifrs-full--DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_zVnWJn9zJvuh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zdNSyEacuHod">Borrowing costs:</span></b>
Borrowing costs consist of interest and other costs that the Company incurs in connection with the borrowing of funds. Borrowing costs
are expensed to the income statement component of the consolidated statement of comprehensive income/(loss) as incurred under &#8220;interest
expense and finance costs&#8221; except borrowing costs that relate to a qualifying asset. A qualifying asset is an asset that necessarily
takes a substantial period of time to get ready for its intended use. Borrowing costs that relate to qualifying assets are capitalised.</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>

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

<ix:exclude><!-- Field: Page; Sequence: 149 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

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

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><b></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"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>


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


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory"><p id="xdx_84F_eifrs-full--DescriptionOfAccountingPolicyForSegmentReportingExplanatory_zEbacq1I3Xtd" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_861_zGLFH480D6wi">Operating segment:</span></b> The Company reports financial information and evaluates its operations by charter
revenues and not by other factors such as length of ship employment for its customers i.e., spot or time charters or type of vessel. The
Company does not use discrete financial information to evaluate the operating results for each such type of charter. Although revenue
can be identified for these types of charters, management cannot and does not identify expenses, profitability or other financial information
for these charters. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue
per day and operating results of the fleet and thus the Company has determined that it operates as <span id="xdx_908_ecustom--NumberOfOperatingSegments_dc_uPure_c20210101__20211231_zQFbst39HIRi"><ix:nonFraction name="glbs:NumberOfOperatingSegments" contextRef="From2021-01-01to2021-12-31" format="ixt-sec:numwordsen" decimals="INF" unitRef="Pure">one</ix:nonFraction></span> operating segment. Furthermore,
when the Company charters a vessel to a charterer, the charterer is free to trade the vessel worldwide and, as a result, the disclosure
of geographical information is impracticable.</p>

<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 0 0 18pt; text-align: justify"></p>

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



<p style="font: 10pt 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">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zL6e323Pfjo8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.18&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zVqYGGIK2td2">Provisions and contingencies:</span> </b>Provisions are recognized when the Company has a present legal or
constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required
to settle the obligation and, a reliable estimate of the amount of the obligation can be made. Provisions are reviewed at each financial
position date and adjusted to reflect the present value of the expenditure expected to be required to settle the obligation. Contingent
liabilities are not recognized in the consolidated financial statements but are disclosed unless the possibility of an outflow of resources
embodying economic benefits is remote, in which case there is no disclosure. Contingent assets are not recognized in the consolidated
financial statements but are disclosed when an inflow of economic benefits is probable.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -30pt"><b>&#160;</b></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForTerminationBenefits_zhfL6waAs8K4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.19&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_869_zsbFlZdnNXLi">Pension
and retirement benefit obligations:</span> </b>The crew on board the vessels owned by the ship-owning companies, wholly owned
subsidiaries of Globus, is employed under short-term contracts (usually up to nine months) and, accordingly, the Company is not
liable for any pension or post-retirement benefits payable to the crew.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Provision for employees&#8217;
severance compensation: </b>The Greek employees of the Company are bound by the Greek Labour law. Accordingly, compensation is payable
to such employees upon dismissal or retirement. The amount of compensation is based on the number of years of service and the amount of
remuneration at the date of dismissal or retirement. <span id="xdx_90B_eifrs-full--DescriptionOfNatureOfBenefitsProvidedByPlan_pip0_c20210101__20211231_zR4l5bXIKIAk"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="ifrs-full:DescriptionOfNatureOfBenefitsProvidedByPlan">If the employee remains in the employment of the Company until normal retirement
age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were
dismissed at that time.</ix:nonNumeric></span> The number of employees that will remain with the Company until retirement age is not known. The Company has provided
for the employees&#8217; retirement compensation liability which amounted to $<span id="xdx_902_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20211231_zpC9TuwpSm4a" title="Net defined benefit liability"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">114</ix:nonFraction></span> as at December 31, 2021 (2020: $<span id="xdx_907_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20201231_zbj079E0Oypf" title="Net defined benefit liability"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31</ix:nonFraction></span>), calculated by using
the Projected Unit Credit Method and disclosed under non-current liabilities in the consolidated statement of financial position.</p>

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


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_zIxUNzYr2aX2" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.20&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_862_zTiEkMkMe0t4">Offsetting of financial assets and liabilities:</span> </b>Financial assets and liabilities are offset and
the net amount is presented in the consolidated financial position only when the Company has a legally enforceable right to set off the
recognised amounts and intend either to settle such asset and liability on a net basis or to realize the asset and settle the liability
simultaneously.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory"><p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_zvPmReIibgzi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.21&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zHUN84GpQmN7">Financial assets and liabilities:</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b><span>&#160;</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>i. Classification and measurement of
financial assets and financial liabilities</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Under IFRS 9, on initial recognition, a financial
asset is classified as measured at: amortized cost; fair value through other comprehensive income (FVOCI) - debt investment; FVOCI - equity
investment; or fair value through profit or loss (FVTPL). The classification of financial assets under IFRS 9 is generally based on the
business model in which a financial asset is managed and its contractual cash flow characteristics.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset is measured at amortized
cost if it meets both of the following conditions and is not designated as at FVTPL:&#9;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">it is held within a business model whose objective is to hold assets to collect
contractual cash flows; and</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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A debt investment is measured at FVOCI if
it meets both of the following conditions and is not designated as at FVTPL:</p>

<p style="font: 10pt 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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">it is held within a business model whose objective is achieved by both collecting
contractual cash flows and selling financial assets; and</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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table>

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

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

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

<ix:exclude><!-- Field: Page; Sequence: 150 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; 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"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">All financial assets not classified as measured
at amortized cost or FVOCI as described above are measured at FVTPL. On initial recognition, the Company may irrevocably designate a financial
asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly
reduces an accounting mismatch that would otherwise arise.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset (unless it is a trade
receivable without a significant financing component that is initially measured at the transaction price) is initially measured at fair
value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition.</p>

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

<p style="font: 10pt 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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>ii. Impairment of financial assets</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">IFRS 9 replaced the &#8220;incurred loss&#8221;
model in IAS 39 with an &#8220;expected credit loss&#8221; (ECL) model. The  impairment model applies to financial assets measured
at amortized cost, contract assets and debt investments at FVOCI, but not to investments in equity instruments. Under IFRS 9, credit losses
are recognized earlier than under IAS 39.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The financial assets at amortized cost consist
of trade accounts receivable and cash and cash equivalents.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Under IFRS 9, loss allowances are measured
on either of the following bases:</p>

<p style="font: 10pt 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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">12-month ECLs: these are ECLs that result from possible default events within
the 12 months after the reporting date; and</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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">lifetime ECLs: these are ECLs that result from all possible default events
over the expected life of a financial instrument.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">When determining whether the credit risk of
a financial asset has increased significantly since initial recognition and when estimating ECLs, the Company considers reasonable and
supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information
and analyses, based on the Company's historical experience and informed credit assessment and including forward-looking information.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company assumes that the credit risk on
a financial asset has increased significantly if it is more than 180 days past due.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company considers a financial asset to
be in default when:</p>

<p style="font: 10pt 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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the counterparty is unlikely to pay its contractual obligations to the Company
in full, without recourse by the Company to actions such as realising security (if any is held); or</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: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the financial asset is more than 1 year past due.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The maximum period considered when estimating
ECLs is the maximum contractual period over which the Company is exposed to credit risk.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">ECLs are a probability-weighted estimate of
credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between cash flows due to the
entity in accordance with the contract and cash flows that the Company expects to receive). ECLs are discounted at the effective interest
rate of the financial asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Loss allowances for financial assets measured
at amortized cost are deducted from the gross carrying amount of the assets.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>iii. Derecognition of financial assets
</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset (or, where applicable a
part of a financial asset or part of a group of similar financial assets) is derecognised where:</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the rights to receive cash flows from the asset have expired;</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the Company retains the right to receive cash flows from the asset, but has
assumed an obligation to pay them in full without material delay to a third party under a &#8220;pass-through&#8221; arrangement; or </span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"></td><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the Company has transferred its rights to receive cash flows from the asset
and either (a) has transferred substantially all the risks and rewards of the assets, or (b) has neither transferred nor retained substantially
all the risks and rewards of the asset but has transferred control of the asset.</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 0 0 36pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Where the Company has transferred its rights
to receive cash flows from an asset and has neither transferred nor retained substantially all the risks and rewards of the asset nor
transferred control of the asset, the asset is recognised to the extent of the Company&#8217;s continuing involvement in the asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Continuing involvement that takes the form
of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount
of consideration that the Company could be required to repay.</p>

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

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

<ix:exclude><!-- Field: Page; Sequence: 151 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></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"></p>



<p style="font: 9pt 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"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>iv. Derecognition of Financial liabilities:
</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial liability is derecognised
when the obligation under the liability is discharged or cancelled or expires.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Where an existing financial liability is replaced
by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such
an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability and, the difference
in the respective carrying amounts is recognised in profit or loss.</p>

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


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DescriptionOfAccountingPolicyForLesseeExplanatory"><p id="xdx_840_ecustom--DescriptionOfAccountingPolicyForLesseeExplanatory_zFXkscLNbT8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.22&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_867_z5DQJ8kPzel6">Leases:</span></b> IFRS 16 sets out the principles
for the recognition, measurement, presentation and disclosure of leases for both parties to a contract, i.e. the customer (&#8220;lessee&#8221;)
and the supplier (&#8220;lessor&#8221;). The new standard requires lessees to recognize most leases on their financial statements. Lessees
will have a single accounting model for all leases, with certain exemptions. Lessor accounting is substantially unchanged.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company has initially adopted IFRS
16 on January 1, 2019 using the modified retrospective approach. On transition, the Company has elected
to apply the practical expedients available for leases with a remaining lease term of less than one year and leases of low value assets.</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 0 0 18pt; text-align: justify"><b>Leases &#8211; where
the Company is the lessee: </b>The Company applies a single recognition and measurement approach for all leases, except for short term
leases and leases of low value assets. The Company recognizes lease liabilities to make payments and right of use assets representing
the right of use of the underlying asset. The Company recognises right-of-use assets at the commencement date of the lease (i.e., the
date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment
losses and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities
recognised, initial direct costs incurred and lease payments made at or before the commencement date less any lease incentives received.
Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the
assets. If ownership of the leased asset transfers to the Group at the end of the lease term or the cost reflects the exercise of a purchase
option, depreciation is calculated using the estimated useful life of the asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At the commencement
date of the lease, the Company recognises lease liabilities measured at the present value of lease payments to be made over the lease
term. The lease payments include fixed payments (including any in-substance fixed payments) less any lease incentives receivable, variable
lease payments that depend on an index or a rate, and any amounts expected to be paid under residual value guarantees. The lease payments
also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating
the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an
index or a rate are recognised as expenses (unless they are incurred to produce inventories) in the period in which the event or condition
that triggers the payment occurs. In calculating the present value of lease payments, the Company uses its incremental borrowing rate
at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date,
the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition,
the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments
(e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the
assessment of an option to purchase the underlying asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At transition, the Company identified the
rental agreement with Cyberonica S.A., to give rise to a right of use asset and a corresponding liability estimated to approximately $<span id="xdx_905_eifrs-full--RightofuseAssets_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z9AbBlSwFKG9" title="Right of use asset"><span id="xdx_90B_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z7pV4OaHzYd9" title="Lease liability"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">674</ix:nonFraction></ix:nonFraction></span></span>
as at January 1, 2019, calculated as the present value of minimum future lease payments. The discount rate used is the incremental cost
of borrowing, amounting to <span id="xdx_90F_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_uPure_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zI3FLBpstUF1" title="Incremental cost of borrowing"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2019-01-01_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">8</ix:nonFraction>%</span>. In addition, the nature and recognition of expenses related to those leases changed as IFRS 16 replaced
the straight-line operating lease expense with a depreciation charge for right-of-use assets and interest expense on lease liabilities.</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The depreciation charge for right-of-use
assets for the years ended December 31, 2021, 2020 and 2019 was approximately $<span id="xdx_907_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_z3fCD1NZ0sIk" title="Depreciation charge for right-of-use assets"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">206</ix:nonFraction></span>, $<span id="xdx_90B_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zIfDJOHNgYb8" title="Depreciation charge for right-of-use assets"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">112</ix:nonFraction></span> and $<span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_z4hR1dFbLNWk" title="Depreciation charge for right-of-use assets"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">112</ix:nonFraction></span>, respectively, and the interest expense
on lease liabilities for the years ended December 31, 2021, 2020 and 2019 was approximately $<span id="xdx_900_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zuD61d0fjx92" title="Interest expense on lease liabilities"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">52</ix:nonFraction></span>, $<span id="xdx_908_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zKsdife3jjHf" title="Interest expense on lease liabilities"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">44</ix:nonFraction></span> and $<span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z78Y9wj4bEE7" title="Interest expense on lease liabilities"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">51</ix:nonFraction></span>, respectively. As at December
31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $<span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zly0esYVT5B1" title="Right of use asset"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">888</ix:nonFraction></span>, $<span id="xdx_909_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zLw2kFiO9Blf" title="Right of use asset"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">450</ix:nonFraction></span> and $<span id="xdx_90C_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zSzZ4vvWdUy7" title="Right of use asset"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">562</ix:nonFraction></span>, respectively.</p>

<p style="font: 10pt 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"><b></b></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>

<ix:exclude><!-- Field: Page; Sequence: 152 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; 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>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></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 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Leases &#8211; where
an entity is the lessor: </b>Leases of vessels where the entity does not transfer substantially all the risks and benefits of ownership
of the vessel are classified as operating leases. Lease income on operating leases is recognised on a straight-line basis over the lease
term. Contingent rents are recognised as revenue in the period in which they are earned.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 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 includes crew expenses, maintenance and consumable costs and was approximately $<span id="xdx_90E_eifrs-full--DirectOperatingExpenseFromInvestmentProperty_pn3n3_c20210101__20211231_zkrPJClaJ5Kc"><ix:nonFraction name="ifrs-full:DirectOperatingExpenseFromInvestmentProperty" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,066</ix:nonFraction></span>
for the year ended December 31, 2021. The lease component that is disclosed then is calculated as the difference between total
revenue and the non-lease component revenue and was approximately $<span id="xdx_908_ecustom--LeaseAndNonleaseComponents_pn3n3_c20210101__20211231_zRkMy0n0Bns2" title="Lease components"><ix:nonFraction name="glbs:LeaseAndNonleaseComponents" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,145</ix:nonFraction></span>
for the year ended December 31, 2021.</p>

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


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForInsuranceContracts"><p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForInsuranceContracts_zz9ZtK6Jv6ic" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.23&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86D_zdpgGDRdYwU5">Insurance:</span> </b>The Company recognizes insurance claim recoveries for insured losses incurred on damage
to vessels. Insurance claim recoveries are recorded, net of any deductible amounts, at the time the Company&#8217;s vessels suffer insured
damages. They include the recoveries from the insurance companies for the claims, provided there is evidence the amounts are virtually
certain to be received.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"><p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zwr68qxBjTbi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.24&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_zJQz0Vf18gPf">Share
based compensation:</span></b></span> <span style="font-size: 10pt; letter-spacing: -0.1pt">Globus operates equity-settled, share-based
compensation plans. The value of the service received in exchange of the grant of shares is recognized as an expense. The total amount
to be expensed over the vesting period is determined by reference to the fair value of the share awards at the grant date. The relevant
expense is recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding
impact in equity.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt">&#160;</span></p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory"><p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_z0djqPQ7IxHl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.25&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_z9JIDTRbpXxd">Share
capital and Warrants</span></b></span><b><span style="font-size: 10pt; letter-spacing: -0.1pt">: </span></b><span style="font-size: 10pt; letter-spacing: -0.1pt">Common
shares and preferred shares are classified as equity. Incremental costs directly attributable to the issue of new shares are
recognised in equity as a deduction from the proceeds. The Company&#8217;s warrants meet the classification criteria as per IAS 32
and, accordingly, are classified in equity.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForDividendsExplanatory_zz9AWkL1GALi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.26&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86E_zq2FNtLpfi19">Dividends</span></b></span><b><span style="font-size: 10pt; letter-spacing: -0.1pt">:
</span></b><span style="font-size: 10pt">Dividends to shareholders are recognised in the period in which the dividends are declared and
appropriately authorised and are accounted for as dividends payable until paid. </span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory"><p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_zrOxRAxrX5L1" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.27&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zDWfjidU8mde">Fair
value measurement:</span></b></span> <span style="font-size: 10pt">The Company measures financial instruments, such as, derivatives and
non-financial assets at fair value at each reporting date. In addition, fair values of financial instruments measured at amortised cost
are disclosed in note 21. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction
to sell the asset or transfer the liability takes place either, a) in the principal market for the asset or the liability or b) in the
absence of a principal market, in the most advantageous market for the asset or liability both being accessible by the Company. The fair
value of an asset or a liability is measured using the assumptions that the market participants would use when pricing the asset or liability,
assuming that the market participants act in their best economic interest. A fair value measurement of a non-financial asset takes into
account the market participant&#8217;s ability to generate economic benefits by using the asset in its highest and best use or by selling
it to another market participant that would use the asset in its highest and best use. 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">The Company
uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 1: quoted
(unadjusted) prices in active markets for identical assets or liabilities.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 81pt; text-align: justify; text-indent: -45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 2: other
techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 3: techniques
which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">For assets
and liabilities that are recognised in the consolidated financial statements on a recurring basis, the Company determines whether transfers
have occurred between levels in the hierarchy by reassessing categorization at the end of each reporting period.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">The Company
engaged independent valuation specialists to determine the fair value of non-financial assets.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 153 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt 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"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis
of Preparation and Significant Accounting Policies (continued)</b></span></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; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements"><p id="xdx_843_ecustom--DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_zSImWYvBSWTf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.28&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zVKZw5zVO3gh">Current
versus non-current classification:</span></b></span> <span style="font-size: 10pt">The Company presents assets and liabilities in the
consolidated statement of financial position based on current/non-current classification.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">An asset as
current when it is:</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Expected
                                            to be realised or intended to be sold or consumed in a normal operating cycle </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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Held
                                            primarily for the purpose of trading </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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Expected
                                            to be realised within twelve months after the reporting 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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Cash
                                            or cash equivalent</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">All other
assets are classified as non-current.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">A liability
is current:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is expected to be settled in a normal operating cycle</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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is held primarily for the purpose of trading </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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is due to be settled within twelve months after the reporting 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: 5%"></td><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">There
                                            is no unconditional right to defer the settlement of the liability for at least twelve months
                                            after the reporting period.</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">All other
liabilities are classified as non-current.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory"><p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_zkymjf2MieV5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.29&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zDgnmKMxFWo8">Embedded
Derivatives:</span></b></span> <span style="font-size: 10pt">An embedded derivative is a component of a hybrid contract that also includes
a non-derivative host, with the effect that some of the cash flows of the combined instrument vary in a way similar to a stand-alone
derivative. An embedded derivative is separated from the host contract if, and only if (IFRS 9.4.3.3):</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(a) the economic
characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(b) a separate
instrument with the same terms as the embedded derivative would meet the definition of a derivative; and</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(c) the hybrid
contract is not measured at fair value with changes in fair value recognised in profit or loss (i.e. a derivative that is embedded in
a financial liability at fair value through profit or loss is not separated).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DescriptionOfAccountingPolicyForRestrictedCashExplanatory"><p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForRestrictedCashExplanatory_zUtNdXhMEP17" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.30&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_865_zKTuhqngG5n3">Restricted
Cash:</span></b></span> <span style="font-size: 10pt">Restricted cash represents pledged cash deposits or minimum liquidity required to
be maintained under the Company's borrowing arrangements. In the event that the obligation to maintain such deposits is expected to be
terminated within the next twelve months, these deposits are classified as current assets. Otherwise they are classified as non-current
assets.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DescriptionOfAccountingPolicyForInterestRateSwapExplanatory"><p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_znlQdGJxENbh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.31&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zrblGC9BKm51">Interest
Rate Swap:</span></b></span> <span style="font-size: 10pt">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, maximizing
the use of relevant observable inputs and minimizing the use of unobservable inputs. The valuation technique used for the Interest Rate
Swaps is the discounted cash flow (see also note 21). The Company has not designated these interest rate swaps for hedge accounting.</span></p>

<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 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>





<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 0 0 18pt; text-align: justify"></p>

<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 0 0 18pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">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 consolidated statement of financial position. In the event that the respective asset or liability is expected to be materialized
within the next twelve months, it is classified as current asset or liability. Otherwise, the respective asset or liability is classified
as non-current asset or liability.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">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;Gain/
(Loss) on derivative financial instruments&#8221; in the consolidated statement of comprehensive income/(loss). Realized gains or losses
resulting from interest rate swaps are recognized in profit or loss under &#8220;Gain / (Loss) on derivative financial instruments&#8221;
in the consolidated statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory"><p id="xdx_84D_ecustom--DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_zcRWkx6ZZpC8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.32&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_864_zfTQ1QqCQD6h">Management
&amp; consulting fee income:</span></b></span> <span style="font-size: 10pt">The Company enters into consultancy agreements with other
companies for the purpose of providing consultancy services. For these services the Company receives a fee. The total income from these
fees is classified in the income statement component of the consolidated statement of comprehensive income/(loss) under management &amp;
consulting fee income.</span></p>

</ix:nonNumeric><p id="xdx_855_zLonc3dzj8Lb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 154 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<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>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory"><p id="xdx_80B_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zfEdmTmD0iLc" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82E_zfiAEuie90da">Cash
and cash equivalents and Restricted cash</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the purpose
of the consolidated statement of financial position, cash and cash equivalents comprise the following:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfCashAndBankBalancesExplanatory"><p id="xdx_89A_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zXLA6UR6cbK2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Cash
and cash equivalents and Restricted cash</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20211231_z3KPcUedqvSk" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_492_20201231_zzwrMEQcEBDc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December
    31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify; width: 79%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-left: -20pt; font-weight: bold; text-align: right; padding-right: -20pt; width: 10%"><span style="font-size: 10pt">2021</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-indent: -30pt; padding-left: -20pt; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_407_eifrs-full--CashOnHand_iI_pn3n3_maCACEzwtA_zyv6CgiAfHT5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Cash on hand</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CashOnHand" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">25</ix:nonFraction></span></td>


    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><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_40E_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzwtA_zEZVNgRgeDqj" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Cash at banks</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:BalancesWithBanks" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">45,188</ix:nonFraction></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><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_406_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzwtA_zMakVw2o22Ef" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">45,213</ix:nonFraction></span></td>
    <td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><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></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A3_zDoAguA1XbP5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">Cash
held in banks earns interest at floating rates based on daily bank deposit rates.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">The
fair value of cash and cash equivalents as at December 31, 2021 and 2020, was $<span id="xdx_90F_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_zMuoHIdccPK3"><ix:nonFraction name="glbs:CashAndCashEquivalentsFairValueDisclosure" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">45,213</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_90B_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20201231_z3SdOD1XvW9h"><ix:nonFraction name="glbs:CashAndCashEquivalentsFairValueDisclosure" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,037</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively. In addition, as at December 31, 2020, the Company had available undrawn amount of $<span id="xdx_90D_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--FirmentShippingIncMember_zvPw1KP1ROb1"><ix:nonFraction name="ifrs-full:UndrawnBorrowingFacilities" contextRef="AsOf2020-12-31_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,200</ix:nonFraction>
</span></span><span style="font-size: 10pt">under the facility with Firment. The facility with Firment expired on October 31, 2021 (note
11).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2021 and 2020, the Company had pledged an amount of $<span id="xdx_90B_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zSluEbZdIK39"><ix:nonFraction name="ifrs-full:RestrictedCashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,224</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_905_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zuUyKKf4BlN8"><ix:nonFraction name="ifrs-full:RestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,066</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively, in order to fulfil collateral requirements. The fair value of the restricted cash as at December 31, 2021 was $<span id="xdx_901_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_z2vTfEd54Hg"><ix:nonFraction name="glbs:RestrictedCashAndCashEquivalentsFairValueDisclosure" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,224</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_905_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zxLqXdC6KNq5"><ix:nonFraction name="ifrs-full:NoncurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,576</ix:nonFraction></span></span> <span style="font-size: 10pt">included
in non-current assets and $<span id="xdx_90A_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zeyerCs8d27f"><ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,648</ix:nonFraction>
</span></span><span style="font-size: 10pt">included in current assets. The fair value of the restricted cash as at December 31, 2020
was $<span id="xdx_900_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20201231_zudqRaeorac"><ix:nonFraction name="glbs:RestrictedCashAndCashEquivalentsFairValueDisclosure" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,066</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_90D_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zpkmerqln9y7"><ix:nonFraction name="ifrs-full:NoncurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,250</ix:nonFraction></span></span> <span style="font-size: 10pt">included
in non-current assets and $<span id="xdx_907_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zOnJlsdi8bR3"><ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">816</ix:nonFraction>
</span></span><span style="font-size: 10pt">included in current assets as at December 31, 2020. The cash and cash equivalents are held
with reputable bank and financial institution counterparties with high ratings.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"><p id="xdx_80A_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_z2geeTBMllhh" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">4.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_827_zwWYcHCRIJH9">Transactions with Related Parties</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
are the major transactions which the Company has entered into with related parties during the years ended December 31, 2021, 2020 and
2019:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In August 2006,
Globus entered into a rental agreement for 350 square metres of office space for its operations within a building owned by Cyberonica
S.A. (an affiliate of Globus&#8217;s chairman). In 2016 the Company renewed the rental agreement at a monthly rate of Euro <span id="xdx_902_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zNRzpQMSE7o"><ix:nonFraction name="glbs:MonthlyRentalExpense" contextRef="From2016-01-012016-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="Euro">10,360</ix:nonFraction>
</span></span><span style="font-size: 10pt">(absolute amount) ($<span id="xdx_904_ecustom--MonthlyRentalExpense_pdn3_uUSD_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zTWzNXqCfsKc"><ix:nonFraction name="glbs:MonthlyRentalExpense" contextRef="From2016-01-012016-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="0" scale="3" unitRef="USD">11.9</ix:nonFraction></span></span><span style="font-size: 10pt">)
with a lease period ending January 2, 2025. 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 leased by Cyberonica S.A. (an affiliate of Globus&#8217;s chairman) at a monthly
rate of Euro <span id="xdx_90F_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zWTv5EJJM8H1"><ix:nonFraction name="glbs:MonthlyRentalExpense" contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="Euro">26,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">(absolute amount) with a lease period ending <span id="xdx_903_ecustom--LeaseExpirationDate_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zLNwcSYZiunf"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember" format="ixt:datemonthdayyearen" name="glbs:LeaseExpirationDate">August
4, 2024</ix:nonNumeric></span></span><span style="font-size: 10pt">. The previous rental agreement was terminated. The Company does not presently own
any real estate. During the years ended December 31, 2021, 2020 and 2019, the rent charged amounted to $<span id="xdx_90A_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zg7TFu46A647"><ix:nonFraction name="ifrs-full:LeasesAsLesseeRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">242</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_908_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zwSwHa8nheua"><ix:nonFraction name="ifrs-full:LeasesAsLesseeRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">141</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_907_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zSGltTAp1SRe"><ix:nonFraction name="ifrs-full:LeasesAsLesseeRelatedPartyTransactions" contextRef="From2019-01-012019-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">139</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at
January 1, 2019, following the adoption of IFRS 16, the Company identified the rental agreement with Cyberonica S.A. to give rise to
a right of use asset and a corresponding liability estimated to approximately $<span id="xdx_90F_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_zPGyzhAQjA1j"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">674</ix:nonFraction> </span></span><span style="font-size: 10pt">(please
refer to note 2.22). Under IFRS 16 the new contract comprises of two parts, a modification of the old lease and a new lease for the
extra space of 552 square meters, compared to the 350 square meters included in the previous rental agreement. The modification of
the previous rental agreement resulted to in $<span id="xdx_907_ecustom--CreditAdjustmentOfFinanceCost_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zHUElSDZPBml"><ix:nonFraction name="glbs:CreditAdjustmentOfFinanceCost" contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">39</ix:nonFraction> </span></span><span style="font-size: 10pt">credit
adjustment classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest
and finance costs. The right of use asset and a corresponding liability of the modified part of the rental agreement was estimated
to approximately $<span id="xdx_908_eifrs-full--LeaseLiabilities_iI_pn3n3_c20210805__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_zWqoSsSLwh2d"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office350SquareMetersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">380</ix:nonFraction></span></span><span style="font-size: 10pt">.
For the additional 552 square meters that the Company are now leasing, the Company identified under IFRS 16 that the rental
agreement with Cyberonica S.A. gives rise to a right of use asset and a corresponding liability estimated to approximately $<span id="xdx_907_eifrs-full--LeaseLiabilities_iI_pn3n3_c20210805__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office552SquareMetersMember_zzGaR773N7nl"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office552SquareMetersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">632</ix:nonFraction></span></span><span style="font-size: 10pt">.
The depreciation charge for right-of-use asset for the years ended December 31, 2021, 2020 and 2019, was approximately $<span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zKcDYMgwWtui"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">206</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_900_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zrTc1o9b4UU3"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">112</ix:nonFraction> </span></span><span style="font-size: 10pt">and
$<span id="xdx_901_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_zsh4YkCa9Qrk"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">112</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively, and was recognised in the income statement component of the consolidated statement of comprehensive income/(loss)
under depreciation. The interest expense on lease liabilities for the years ended December 31, 2021, 2020 and 2019, was
approximately $<span id="xdx_907_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_ziEUlHhgrrZb"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">52</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_90E_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zG9Bxwq3zwHa"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">44</ix:nonFraction> </span></span><span style="font-size: 10pt">and
$<span id="xdx_903_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z7U1xgYR9MG5"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">51</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively, and recognised under interest expense and finance costs, respectively in the income statement component of the
consolidated statement of comprehensive income/(loss). The total cash outflows for leases for the years ended December 31, 2021,
2020 and 2019, were approximately $<span id="xdx_903_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zLVBz4fY9Cjj" title="Payment of lease liability - principal and Interest Paid"><ix:nonFraction name="glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">314</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_909_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zNlvabRgfCf9" title="Payment of lease liability - principal and Interest Paid"><ix:nonFraction name="glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">229</ix:nonFraction></span> </span><span style="font-size: 10pt">and
$<span id="xdx_908_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20190101__20191231_zivlSAPHEj0b" title="Payment of lease liability - principal and Interest Paid"><ix:nonFraction name="glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">47</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively, and were recognised in the consolidated statement of cash flows under the Payment of lease liability &#8211;
principal and Interest Paid.</span></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; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at
December 28, 2015, Athanasios Feidakis assumed the position of Chief Executive Officer (&#8220;CEO&#8221;) and Chief Financial
Officer. On August 18, 2016, the Company entered into a consultancy agreement with an affiliated company (Goldenmare Limited) of its
CEO, Mr. Athanasios Feidakis, for the purpose of providing consulting services to the Company in connection with the Company&#8217;s
international shipping and capital raising activities, including but not limited to assisting and advising the Company&#8217;s CEO
at an annual fee of Euro <span id="xdx_904_ecustom--ConsultingFeesExpense_pip0_uEuro_c20160101__20160818__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zTxivcbMLuti"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2016-01-012016-08-18_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="Euro">200,000</ix:nonFraction> </span></span><span style="font-size: 10pt">(absolute
amount) (approx. <span id="xdx_908_ecustom--ConsultingFeesExpense_pn3n3_uUSD_c20160101__20160818__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zyMNYoaFSVi9">$<ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2016-01-012016-08-18_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">224</ix:nonFraction>). </span></span><span style="font-size: 10pt">On
December 3, 2020, the Company agreed to increase the consultancy fees of Goldenmare Limited, from Euro 200,000 to Euro <span id="xdx_90C_ecustom--ConsultingFeesExpense_pip0_uEuro_c20200101__20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zLhLqpRM4x68"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2020-01-012020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="Euro">400,000</ix:nonFraction> </span></span><span style="font-size: 10pt">(absolute
amount) per annum and additionally pay a one-time cash bonus of <span id="xdx_906_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pdn6_c20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zavf6HfU6cO9">$<ix:nonFraction name="glbs:AgreedAmountOfOneTimeCashBonus" contextRef="AsOf2020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">1.5</ix:nonFraction> </span></span><span style="font-size: 10pt">million
to the CEO pursuant to his consultancy agreement, which has been paid. Specifically, in February 2021, the Company paid to the CEO
of Goldenmare Limited (Mr. Athanasios Feidakis) the amount of $<span id="xdx_902_ecustom--OneTimeCashBonusPayment_pn3n3_c20210101__20210228__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zdgdrSWUu4uj" title="One time cash bonus payment"><ix:nonFraction name="glbs:OneTimeCashBonusPayment" contextRef="From2021-01-012021-02-28_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,000</ix:nonFraction> </span></span><span style="font-size: 10pt">and
in September 2021 the remaining amount of $<span id="xdx_906_ecustom--RemainingOfOneTimeCashBonusPayment_pn3n3_c20210101__20210228__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zSCvKrqP9L7l" title="Remaining of one time cash bonus payment"><ix:nonFraction name="glbs:RemainingOfOneTimeCashBonusPayment" contextRef="From2021-01-012021-02-28_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">500</ix:nonFraction></span></span><span style="font-size: 10pt">.
In addition, in December 2021, the Company agreed to pay a one-time cash bonus of $<span id="xdx_906_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pdn6_c20220131__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zGtbxDdwBnia"><ix:nonFraction name="glbs:AgreedAmountOfOneTimeCashBonus" contextRef="AsOf2022-01-31_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">1.5</ix:nonFraction> </span></span><span style="font-size: 10pt">million
to Goldenmare Limited pursuant to the consultancy agreement, half of which is to be paid immediately and the other half during 2022,
if at the time of the payment Mr. Athanasios Feidakis remains CEO and the consultant has not terminated its consultancy agreement.
At the time of the filing of these Consolidated Financial Statements, none of the bonus approved in 2022 has been paid. The related
expense for the years ended December 31, 2021, 2020 and 2019, amounted to approx. $<span id="xdx_900_ecustom--ConsultingFeesExpense_pn3n3_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zr8uhJwCcPA6"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2021-01-012021-12-31_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,216</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_903_ecustom--ConsultingFeesExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zVo6csYfleDk"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2020-01-012020-12-31_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,772</ix:nonFraction> </span></span><span style="font-size: 10pt">and
$<span id="xdx_902_ecustom--ConsultingFeesExpense_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z1hgne9Em1jj"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2019-01-012019-12-31_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">224</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 155 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt 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"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Transactions
with Related Parties (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On June 12,
2020, the Company entered into a stock purchase agreement and issued <span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zdCrRv4PaZ3b"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">50</ix:nonFraction>
</span></span><span style="font-size: 10pt">newly designated Series B Preferred Shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zlEJJQ0Cb32"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited, an affiliated company of its CEO, Athanasios Feidakis,
in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zbpqfGldr9e7"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">150</ix:nonFraction></span></span><span style="font-size: 10pt">,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant
to a consultancy agreement. On July 27, 2020, the Company issued an additional <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zWVXPQlApk22"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">250</ix:nonFraction>
</span></span><span style="font-size: 10pt">of its Series B preferred shares to Goldenmare Limited in return for $<span id="xdx_904_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zcEe8z60Tk0b"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">150</ix:nonFraction></span></span><span style="font-size: 10pt">.
The $<span id="xdx_904_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zYgYoMVztKu6"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">150</ix:nonFraction>
</span></span><span style="font-size: 10pt">was settled by reducing, on a dollar-for-dollar basis, the amount payable 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, which received fairness opinions from an independent financial
advisor.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On March 2,
2021, the Company entered into a stock purchase agreement and issued <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z7Z8xV7mr728"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">Series B Preferred Shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zSFrsCP06vIi"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited in return for $<span id="xdx_90C_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zo72CUSKvbX9"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></span><span style="font-size: 10pt">,
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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_906_ecustom--VotingRights_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zAUVnT7MSlU5" style="font-size: 10pt"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" name="glbs:VotingRights">As
at December 31, 2021, and 2020, Goldenmare Limited owned <span id="xdx_909_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zuZsFzjZQ1qb"><ix:nonFraction name="ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" contextRef="AsOf2021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,300</ix:nonFraction></span> and <span id="xdx_90D_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zxsPgH36e428"><ix:nonFraction name="ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" contextRef="AsOf2020-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">300</ix:nonFraction></span>, respectively, 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. 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.</ix:nonNumeric></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020 and 2021, Mr. George Feidakis beneficially owned <span id="xdx_907_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_zZJsWCBjaxz6"><ix:nonFraction name="glbs:ProportionOfOwnershipInterestsHeldByControllingParty" contextRef="From2020-01-012020-12-31_custom_ChairmanOfTheBoardOfDirectorsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.4</ix:nonFraction></span></span><span style="font-size: 10pt">%
and <span id="xdx_90F_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_zIHMzHsuH1ce"><ix:nonFraction name="glbs:ProportionOfOwnershipInterestsHeldByControllingParty" contextRef="From2021-01-012021-12-31_custom_ChairmanOfTheBoardOfDirectorsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.7</ix:nonFraction></span></span><span style="font-size: 10pt">%,
respectively of Globus&#8217; shares. Mr. George Feidakis (father of Mr. Athanasios Feidakis) is also the chairman of the Board of Directors
of Globus.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In November
2018, Globus entered into a credit facility for up to $<span id="xdx_906_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zfgXeT566bNa"><ix:nonFraction name="glbs:LineOfCreditFacilityMaximumBorrowingCapacity" contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">with Firment Shipping Inc., an affiliate of the Company&#8217;s chairman, <span id="xdx_909_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zzOhvo9lcv7l"><ix:nonNumeric contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" name="glbs:DescriptionOfBorrowingsScope">for
the purpose of financing its general working capital needs</ix:nonNumeric></span></span> <span style="font-size: 10pt">(&#8220;Firment Shipping Credit
Facility&#8221;). <span id="xdx_905_ecustom--CreditFacilityCollateraDescription_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z1trSGHxAsx5"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember" name="glbs:CreditFacilityCollateraDescription">The
Firment Shipping Credit Facility was unsecured and remained available until its final maturity date</ix:nonNumeric></span></span> <span style="font-size: 10pt">at
<span id="xdx_906_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zE58J7VSnCF1"><ix:nonNumeric contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" name="ifrs-full:BorrowingsMaturity">October
31, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">, as amended. The Company had the right to draw-down any amount up to $15,000 or
prepay any amount in multiples of $<span id="xdx_90D_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zIDNE1Wr3kLe"><ix:nonFraction name="glbs:LineOfCreditFacilityDrawndownAmountsMultiples" contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></span><span style="font-size: 10pt">.
Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest on drawn and outstanding amounts was charged
at <span id="xdx_904_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zH2VGqiq6Jnk"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7</ix:nonFraction>%
</span></span><span style="font-size: 10pt">per annum and no commitment fee was charged on the amounts remaining available and undrawn.
Interest was payable the last day of a period of three months after the Draw-down Date, after this period in case of failure to pay any
sum due, a default interest of <span id="xdx_902_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zN5I2YNzqVr6"><ix:nonFraction name="glbs:BorrowingsDefaultInterestRate" contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2</ix:nonFraction>%
</span></span><span style="font-size: 10pt">per annum above the regular interest was charged. Globus also had the right, in its sole
option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid interest under the Firment Shipping
Credit Facility into common stock. <span id="xdx_90A_ecustom--DebtInstrumentConversionPriceDescription_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zSzwyidxih85"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember" name="glbs:DebtInstrumentConversionPriceDescription">The
conversion price should equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock
on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#8220;VWAP&#8221;)
over the pricing period multiplied by 80%, where the &#8220;Pricing Period&#8221; equals the ten consecutive trading days immediately
preceding the date on which the conversion notice was executed or, (ii) Two Hundred Eighty US Dollars ($280.00).</ix:nonNumeric></span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On April 23,
2019, the Company converted to share capital, as per the conversion clause included in the Firment Shipping Credit Facility the outstanding
principal amount of $<span id="xdx_900_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zSKjQRIZOuA4"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,100</ix:nonFraction>
</span></span><span style="font-size: 10pt">plus the accrued interest of $<span id="xdx_905_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zXHbldfKSxfk"><ix:nonFraction name="ifrs-full:InterestPayable" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">70</ix:nonFraction>
</span></span><span style="font-size: 10pt">at a conversion price of $<span id="xdx_908_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zHWfUApGv6Mk"><ix:nonFraction name="glbs:DebtInstrumentConvertibleConversionPrice" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">280</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share and issued <span id="xdx_907_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_ziPD6At2i0pd"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">11,322</ix:nonFraction>
</span></span><span style="font-size: 10pt">new common shares to Firment Shipping Inc. This conversion resulted to a gain of approximately
$<span id="xdx_90A_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zbmVIVOqP4Z3"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">117</ix:nonFraction></span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></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"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the year
ended December 31, 2020, the Company recognized a loss on this derivative financial instrument amounting to $<span id="xdx_907_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z0Qa6kEVC0rd"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-12-31_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">189</ix:nonFraction>
</span></span><span style="font-size: 10pt">and for the year ended December 31, 2019, a gain on this derivative financial instrument
amounting to $<span id="xdx_904_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z361O1w6vYf8"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2019-01-012019-12-31_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">135</ix:nonFraction></span></span><span style="font-size: 10pt">,
which were classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statements component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On May 8, 2020
the Company entered into an Amended and Restated Agreement with Firment Shipping Inc. and converted the existing Revolving Credit Facility
to a Term Credit Facility, increased the available undrawn amount to $<span id="xdx_906_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pdn6_c20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zFecAJnQ5qoa"><ix:nonFraction name="glbs:LineOfCreditFacilityMaximumBorrowingCapacity" contextRef="AsOf2020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">14.2</ix:nonFraction>
</span></span><span style="font-size: 10pt">million and extended the maturity date to <span id="xdx_906_eifrs-full--BorrowingsMaturity_c20200101__20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zcaTWJce2PVh"><ix:nonNumeric contextRef="From2020-01-012020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" name="ifrs-full:BorrowingsMaturity">October
31, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">. As at December 31, 2020, there was an amount of $<span id="xdx_905_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zWrfQi0Lbto8"><ix:nonFraction name="ifrs-full:UndrawnBorrowingFacilities" contextRef="AsOf2020-12-31_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,200</ix:nonFraction>
</span></span><span style="font-size: 10pt">available to be drawn under the Firment Shipping Credit Facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 156 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Transactions
with Related Parties (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On July 27,
2020, the Company repaid the total outstanding principal and interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_90B_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zDLAR3ClfIUf"><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><span style="font-size: 10pt">.
Furthermore, the Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zUAe2UuYzTSa"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">220</ix:nonFraction></span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss). The facility with Firment Shipping Inc. expired on <span id="xdx_900_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zveRL0grf5C8"><ix:nonNumeric contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" name="ifrs-full:BorrowingsMaturity">October
31, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020, the amount drawn and outstanding with respect to the Firment Shipping Credit Facility was $nil. For the year ended December
31, 2020 and 2019, Globus recognised interest expense of $<span id="xdx_909_eifrs-full--InterestExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zR6DUXV6M6tc"><ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2020-01-012020-12-31_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">26</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_900_eifrs-full--InterestExpense_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z7Tn6pXAB3h1"><ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2019-01-012019-12-31_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">96</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively classified in the income statement component of the consolidated statements of comprehensive income/(loss) under interest
expense and finance costs.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Firment
Shipping Credit Facility required that Athanasios Feidakis remain the Company&#8217;s Chief Executive Officer and that Firment Shipping
Inc. maintained at least a <span id="xdx_904_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pip0_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--RangeAxis__srt--MinimumMember_ztnlLgkfXP55"><ix:nonFraction name="glbs:ProportionOfOwnershipInterestsHeldByControllingParty" contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember_srt_MinimumMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">40</ix:nonFraction>%
</span></span><span style="font-size: 10pt">shareholding in Globus, other than due to actions taken by Firment Shipping Inc., such as
sales of shares. The Company received waivers from Firment Shipping Inc. in relation to the equity offerings completed during the year
ended December 31, 2020 (Note 11).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020, the Company was in compliance with the loan covenants of the Firment Shipping Credit Facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On July 15,
2021 Globus entered into a consultancy agreement with Eolos Shipmanagement S.A. 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_90A_ecustom--ConsultingFeesExpense_pp0p0_c20210101__20210715__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--EolosShipmanagementMember__ifrs-full--CapitalRequirementsAxis__custom--DailyRateMember_zL2Zu0pWvotj"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2021-01-012021-07-15_custom_EolosShipmanagementMember_custom_DailyRateMember" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="USD">1,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">(absolute amount). The chairman of the board of Globus is the majority shareholder of Eolos
Shipmanagement.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm"><span style="font-size: 10pt">Compensation of Key Management
Personnel of the Company:</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">Compensation
to Globus non-executive directors is analysed as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfCompensationOfNonExecutiveDirectors"><p id="xdx_899_ecustom--DisclosureOfCompensationOfNonExecutiveDirectors_zuhmoYScgar8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"><span style="font-size: 10pt">Transactions
with Related Parties - Compensation to the Company's Non-Executive Directors</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_491_20210101__20211231_z8LKDV7VcNDb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20200101__20201231_zWrxLTouhEc1" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20190101__20191231_zcQmOBjS3jCj" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For
    the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; width: 68%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_401_eifrs-full--DirectorsRemunerationExpense_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zaN0SewJMDK5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Directors&#8217; remuneration</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DirectorsRemunerationExpense" contextRef="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">145</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DirectorsRemunerationExpense" contextRef="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">143</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DirectorsRemunerationExpense" contextRef="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">147</ix:nonFraction></span></td></tr>
  <tr id="xdx_409_ecustom--DirectorsCompensationSharebasedPayment_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zWod7FECBfFk" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Share-based payments (Note
    12)</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td></tr>
  <tr id="xdx_403_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_mtKMPCzHgk_zEyj3MgNtpXl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">185</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">183</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">187</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A7_zFreEnROXMZb" style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2021, and 2020, $<span id="xdx_900_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zllLcXIV4z9d"><ix:nonFraction name="glbs:AccruedDirectorsCompensation" contextRef="AsOf2021-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">105</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_908_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zUvUHJbEqZW5"><ix:nonFraction name="glbs:AccruedDirectorsCompensation" contextRef="AsOf2020-12-31_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">80</ix:nonFraction>
</span></span><span style="font-size: 10pt">of the compensation to non-executive directors was remaining due and unpaid, respectively.
Amounts payable to non-executive directors are classified as trade accounts payable in the consolidated statements of financial position.</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Compensation
to the Company&#8217;s executive director is analysed as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfCompensationOfExecutiveDirector"><p id="xdx_89E_ecustom--DisclosureOfCompensationOfExecutiveDirector_z7B5GPyTvQ0a" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"><span id="xdx_8B9_zV3d3XQ3ySF1" style="font-size: 10pt">Transactions
with Related Parties - Compensation to the Company's Executive Director</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt; width: 68%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20210101__20211231_zOxZneWaMOj3" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20200101__20201231_zlkSKiE1RMfd" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20190101__20191231_zX645Zz3QyA2" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For
    the year ended December 31,</span></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
<tr id="xdx_40C_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_maKMPCzSqc_zdB6dfzwLEd6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Short-term employee benefits</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="From2021-01-012021-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,216</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="From2020-01-012020-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,772</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="From2019-01-012019-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">224</ix:nonFraction></span></td></tr>
<tr id="xdx_409_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_mtKMPCzSqc_zKgvHNZLsEMg" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="From2021-01-012021-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,216</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="From2020-01-012020-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,772</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="From2019-01-012019-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">224</ix:nonFraction></span></td></tr>
</table>

</ix:nonNumeric><p id="xdx_8AC_zTeWFKIyhOfj" style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2021, and 2020, $<span id="xdx_902_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_z3MapVg9qIU2"><ix:nonFraction name="glbs:AccruedDirectorsCompensation" contextRef="AsOf2021-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">985</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_90C_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_zK1sfh3Wb3ue"><ix:nonFraction name="glbs:AccruedDirectorsCompensation" contextRef="AsOf2020-12-31_custom_ExecutiveDirectorMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,739</ix:nonFraction>
</span></span><span style="font-size: 10pt">of the compensation to the executive director was remaining due and unpaid, respectively.</span></p>

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

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

<ix:exclude><!-- Field: Page; Sequence: 157 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory"><p id="xdx_809_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_zg3loOLlqVl3" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82B_z1jkm5wkccih">Vessels,
net</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The amounts
in the consolidated statement of financial position are analysed as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory"><p id="xdx_89C_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_znXRMOxN6bih" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Vessels,
net - Consolidated Statement of Financial Position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="text-align: center; font-size: 12pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Vessels
    cost</span></td>
    <td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Vessels
    accumulated depreciation</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Dry
    docking costs</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Accumulated
    depreciation of dry-docking costs</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Net
    Book Value</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance
    at January 1, 2019</span></td>
    <td id="xdx_98A_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z7fHoWccciBh" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2018-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">179,427</ix:nonFraction></span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zSxnWGXT7ZVb" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2018-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">97,280</ix:nonFraction>)</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCNRdg2Ydl0e" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,978</ix:nonFraction></span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zuQcNPoajvgb" title="Balance" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,375</ix:nonFraction>)</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVDOvqwr6rP9" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2018-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">83,750</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHtsiKnYqEg5" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">54</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKxBsQpFcXvb" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">622</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAR9JRlttEz6" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">676</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td>
    <td id="xdx_984_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z13G4aA5zqy3" title="Impairment loss" style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,902</ix:nonFraction>)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAdz0OvDBUck" title="Impairment loss" style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,902</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zO8pn8qJDR4b" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,578</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zLEOkXj259Y6" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,704</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zZZRFrFj5oDg" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2019-01-012019-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,282</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2019</span></td>
    <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zUuCvfukpfka" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">149,579</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za3bI2zLYk5k" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">101,858</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zMXfhOWLuJGj" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7,600</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zlt3oMjd6eeh" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7,079</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zvRIwZ9mnuY8" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2019-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">48,242</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z5McHP2XgTKg" title="Additions/ (Dry Docking Component)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">18,028</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zI34FVYhbS29" title="Additions/ (Dry Docking Component)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,283</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zIZkS4urANy1" title="Additions/ (Dry Docking Component)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">22,311</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td>
    <td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zSylcLPvPZO8" title="Impairment loss" style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction>)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVeWixOgWec7" title="Impairment loss" style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_znAyGjzIDeN2" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,253</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z475T4dsznR9" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,335</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z79uxbhAxBcg" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2020-01-012020-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,588</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2020</span></td>
    <td id="xdx_986_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zIoW0XzRxOW4" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">162,992</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z6QpfqP7Rb35" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2020-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">104,111</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zL7uln2SBqdj" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><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></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQ7awIeMg6C7" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8,414</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zSa1HNbh11g5" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><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></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ7FEWrYMLLb" title="Additions/ (Dry Docking Component)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">70,746</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zdp8BBFXGPz2" title="Additions/ (Dry Docking Component)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,044</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zjjvv7hUoKwe" title="Additions/ (Dry Docking Component)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">74,790</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zARsq5K5ht2l" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,665</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zKePfsS2dj8l" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,751</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zUoJtR5UIrgg" title="Depreciation expense" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2021-01-012021-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,416</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2021</span></td>
    <td id="xdx_98E_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zYIfODjQmcob" title="Balance ending of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">233,738</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zEliYqVVVZjf" title="Balance ending of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">107,776</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDjrIyN9mjz3" title="Balance ending of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,927</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQxuv8M7xxAh" title="Balance ending of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,165</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zNQT9UksXrVd" title="Balance ending of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2021-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130,724</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A3_zFsrJsFy7hBh" style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
October 29, 2020, the Company took delivery of the m/v &#8220;Galaxy Globe&#8221;, a <span id="xdx_907_ecustom--VesselYearBuilt_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zvYKelsv7pL8"><ix:nonNumeric contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember" name="glbs:VesselYearBuilt">2015</ix:nonNumeric></span></span><span style="font-size: 10pt">-built
<span id="xdx_90F_ecustom--VesselType_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zLjEc7jrtdm5"><ix:nonNumeric contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember" name="glbs:VesselType">Kamsarmax</ix:nonNumeric>
</span></span><span style="font-size: 10pt">dry bulk carrier, through its subsidiary, Serena Maritime Limited, for a purchase price of
$<span id="xdx_90C_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zA5WuWi2nrC9"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">18.4</ix:nonFraction>
</span></span><span style="font-size: 10pt">million, free of charter party, financed with available cash. The m/v &#8220;Galaxy Globe&#8221;
was built at the Hudong-Zhonghua Shipyard in China and has a carrying capacity of <span id="xdx_900_ecustom--VesselCapacity_uPure_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_z8l4xygn4gRj"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">81,167</ix:nonFraction>
</span></span><span style="font-size: 10pt">dwt. Following this acquisition, the fleet of Globus comprises of six dry bulk carriers with
a total carrying capacity of <span id="xdx_90C_ecustom--VesselCapacity_uPure_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryBulkCarriersMember_zY3a7DXMpmpc"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2020-01-012020-12-31_custom_DryBulkCarriersMember" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">381,738</ix:nonFraction>
</span></span><span style="font-size: 10pt">dwt. Upon the acquisition of the vessel, a total amount of $<span id="xdx_90E_ecustom--DryDockingCostCapitalised_pn3n3_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zPvnSwlLWV39"><ix:nonFraction name="glbs:DryDockingCostCapitalised" contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">500</ix:nonFraction>
</span></span><span style="font-size: 10pt">was recorded as dry-docking component and is being amortized until the vessel&#8217;s next
scheduled survey to be performed in July 2023.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">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_903_ecustom--VesselYearBuilt_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zPqHXnYUhRJ8"><ix:nonNumeric contextRef="From2021-01-012021-02-18_custom_NordVenusMember" name="glbs:VesselYearBuilt">2011</ix:nonNumeric></span></span><span style="font-size: 10pt">-built
<span id="xdx_900_ecustom--VesselType_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zBqRIUi2edZ9"><ix:nonNumeric contextRef="From2021-01-012021-02-18_custom_NordVenusMember" name="glbs:VesselType">Kamsarmax</ix:nonNumeric>
</span></span><span style="font-size: 10pt">dry bulk carrier, for a purchase price of $<span id="xdx_908_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zxPseTvCsx82"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-012021-02-18_custom_NordVenusMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">16.2</ix:nonFraction>
</span></span><span style="font-size: 10pt">million. No initial dry-docking component has been recognized as the vessel underwent dry-docking
subsequent to her delivery. 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_zDOPKF8YiqI6"><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></span><span style="font-size: 10pt">dwt. On <span id="xdx_90B_ecustom--VesselDeliveryDate_dd_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zNAlQPmhuzIg"><ix:nonNumeric contextRef="From2021-01-012021-02-18_custom_NordVenusMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">July
20, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">, the Company took delivery of the m/v &#8220;Nord Venus&#8221; that was renamed
to &#8220;Power Globe&#8221;.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">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_90B_ecustom--VesselYearBuilt_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zluUvDzMVUCe"><ix:nonNumeric contextRef="From2021-01-012021-03-19_custom_Yangze11Member" name="glbs:VesselYearBuilt">2018</ix:nonNumeric></span></span><span style="font-size: 10pt">-built
<span id="xdx_905_ecustom--VesselType_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJD2m87LdjYa"><ix:nonNumeric contextRef="From2021-01-012021-03-19_custom_Yangze11Member" name="glbs:VesselType">Kamsarmax</ix:nonNumeric>
</span></span><span style="font-size: 10pt">dry bulk carrier, for a purchase price of $<span id="xdx_90D_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zNragEZCVlcl"><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></span><span style="font-size: 10pt">million, the vessel cost amounted to $<span id="xdx_902_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zjpG24DZ8Dlk"><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></span><span style="font-size: 10pt">million, and the initial dry-docking component amounted to $<span id="xdx_90D_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zvyLfDBBjYji"><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></span><span style="font-size: 10pt">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_906_ecustom--VesselCapacity_uPure_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zK2py0wcZkj4"><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></span><span style="font-size: 10pt">dwt. On <span id="xdx_901_ecustom--VesselDeliveryDate_dd_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zAIUuXGY9kfh"><ix:nonNumeric contextRef="From2021-01-012021-03-19_custom_Yangze11Member" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">June
9, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">, the Company took delivery of the m/v &#8220;Yangze 11&#8221; that was renamed to
&#8220;Diamond Globe&#8221;.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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_90D_ecustom--VesselYearBuilt_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zFNNzTRYMGb4"><ix:nonNumeric contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" name="glbs:VesselYearBuilt">2015</ix:nonNumeric></span></span><span style="font-size: 10pt">-built
<span id="xdx_90D_ecustom--VesselType_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zCSoPymQZ5je"><ix:nonNumeric contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" name="glbs:VesselType">Kamsarmax</ix:nonNumeric>
</span></span><span style="font-size: 10pt">dry bulk carrier, for a purchase price of $<span id="xdx_90A_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_znSJ0anqwoKj"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">28.4</ix:nonFraction>
</span></span><span style="font-size: 10pt">million, the vessel cost amounted to $<span id="xdx_908_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zfGI9J4rSZJ7"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">27.9</ix:nonFraction>
</span></span><span style="font-size: 10pt">million, and the initial dry-docking component amounted to $<span id="xdx_90F_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zj4oveQaCkJ"><ix:nonFraction name="glbs:DryDockingCostCapitalised" contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">0.5</ix:nonFraction>
</span></span><span style="font-size: 10pt">million. The m/v &#8220;Peak Liberty&#8221; was built at Tsuneishi Zosen in Japan and has
a carrying capacity of <span id="xdx_90D_ecustom--VesselCapacity_uPure_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_z6HBXVEBgJci"><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></span><span style="font-size: 10pt">dwt. On <span id="xdx_907_ecustom--VesselDeliveryDate_dd_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zK6sUDQvOQl9"><ix:nonNumeric contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" format="ixt:datemonthdayyearen" name="glbs:VesselDeliveryDate">November
29, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">, the Company took delivery of the m/v &#8220;Peak Liberty&#8221; that was renamed
to &#8220;Orion Globe&#8221;.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">For
the purpose of the consolidated statement of comprehensive income/(loss), depreciation, as stated in the income statement component,
comprises the following:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory"><p id="xdx_89F_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_zgtCJgGXvVIc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Vessels,
net - Consolidated Statement of Comprehensive Income/ (loss)</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20210101__20211231_zraSfuBEYdUh" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20200101__20201231_zbCXdF5py4v3" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20190101__20191231_zLP3VEpN4nO6" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_404_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_z4wU32uq9il5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Vessels depreciation</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationPropertyPlantAndEquipment" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,665</ix:nonFraction></span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,253</ix:nonFraction></span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,578</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_ecustom--DepreciationOfficeFurnitureAndEquipment_pn3n3_zP25u2But5nd" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation on office furniture and equipment</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:DepreciationOfficeFurnitureAndEquipment" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">39</ix:nonFraction></span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:DepreciationOfficeFurnitureAndEquipment" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">33</ix:nonFraction></span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:DepreciationOfficeFurnitureAndEquipment" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31</ix:nonFraction></span></td></tr>
  <tr id="xdx_403_eifrs-full--DepreciationRightofuseAssets_pn3n3_z0nLcaSOuQ" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation of right of
    use asset</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">206</ix:nonFraction></span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">112</ix:nonFraction></span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">112</ix:nonFraction></span></td></tr>
  <tr id="xdx_402_eifrs-full--DepreciationExpense_iT_pn3n3_zHMY9cPOCKFj" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt; width: 68%"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,910</ix:nonFraction></span></td>
    <td style="font-weight: bold; text-align: left; width: 1%"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,398</ix:nonFraction></span></td>
    <td style="font-weight: bold; text-align: left; width: 1%"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,721</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A5_z16QAKVQYOo3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company&#8217;s vessels, except the m/v Power, Diamond and Orion Globe, have been pledged as collateral to secure the bank loans discussed
in note 11.</span></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"><span style="font-size: 10pt"><b>&#160;</b></span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 158 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Vessels,
net (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Impairment
of non-financial assets:</b> The Company performed an impairment exercise as at March 31, 2020 on whether there were indicators that
a vessel(s) may be impaired and concluded that impairment indicators existed for all vessels. As at December 31, 2020, the Company performed
an assessment on whether there were indicators that a vessel(s) may be impaired and impairment indicators were identified for two of
the Company&#8217;s vessels. As impairment indicators were identified during 2020, discounted future cash flows for each vessel with
impairment indicators were determined and compared to the vessel&#8217;s carrying value. For the discount factor, the Company applied
the Weighted Average Cost of Capital rate that was calculated to be <span id="xdx_905_ecustom--WeightedAverageCostOfCapital_iI_pip0_c20201231_zlSN9q9tN2P4"><ix:nonFraction name="glbs:WeightedAverageCostOfCapital" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">4.06</ix:nonFraction>%
</span></span><span style="font-size: 10pt">as at December 31, 2020. The projected net discounted future cash flows for the first year
were determined by considering an estimated daily time charter equivalent based on the most recent blended (for modern and older vessels)
FFA (i.e. Forward Freight Agreements) time charter rate for the fiscal year 2021 for each type of vessel. For the remaining useful life
of the vessels, <span id="xdx_901_ecustom--TimePeriodConsidered_c20210101__20211231_zEUo07dFDj3j"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" name="glbs:TimePeriodConsidered">the Company used the historical ten-year
blended average one-year time charter rates</ix:nonNumeric></span></span> <span style="font-size: 10pt">substituting for the year 2016 that was considered
as extreme values, with the year 2010. Expected outflows for scheduled vessels maintenance were taken into consideration as well as vessel
operating expenses assuming an average annual increase rate of <span id="xdx_909_ecustom--AssumptionOfExpectedRatesOfInflation_iI_pip0_c20211231_zXgMWaqrzlo6"><ix:nonFraction name="glbs:AssumptionOfExpectedRatesOfInflation" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">1</ix:nonFraction>%
</span></span><span style="font-size: 10pt">based on the historical trend derived from actual results for the Company&#8217;s vessels
since their delivery under the Company&#8217;s technical management. The average time charter rates used were in line with the overall
chartering strategy, especially in periods/years of depressed charter rates; reflecting the full operating history of vessels of the
same type and particulars with the Company&#8217;s operating fleet (Supramax and Panamax vessels with a deadweight (&#8220;dwt&#8221;)
of over <span id="xdx_908_ecustom--VesselCapacity_uPure_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zPHll9kh4uz3"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2021-01-012021-12-31_custom_SupramaxMember" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">50,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">and <span id="xdx_900_ecustom--VesselCapacity_uPure_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zlvnPTtqAkw"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2021-01-012021-12-31_custom_PanamaxMember" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">70,000</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively) and they covered at least one full business cycle. Effective fleet utilization was assumed at <span id="xdx_90C_ecustom--AssumptionOfFleetUtilisationRate_iI_pip0_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zRDjXnqoczic"><ix:nonFraction name="glbs:AssumptionOfFleetUtilisationRate" contextRef="AsOf2021-12-31_custom_SupramaxMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">87</ix:nonFraction>%
</span></span><span style="font-size: 10pt">and <span id="xdx_90F_ecustom--AssumptionOfFleetUtilisationRate_iI_pip0_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zITo32aARqQh"><ix:nonFraction name="glbs:AssumptionOfFleetUtilisationRate" contextRef="AsOf2021-12-31_custom_PanamaxMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">90</ix:nonFraction>%
</span></span><span style="font-size: 10pt">(including ballast days) for the Supramaxes and the Panamaxes, respectively taking into account
the period(s) each vessel is expected to undergo her scheduled maintenance (dry-docking and special surveys), as well as an estimate
of the period(s) needed for finding suitable employment and off-hire for reasons other than scheduled maintenance, assumptions in line
with the Company&#8217;s expectations for future fleet utilization under the current fleet deployment strategy.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at March 31, 2020, the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized
an impairment loss of $<span id="xdx_90A_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20200101__20201231_zBzFoRLdm8H2"><ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction></span></span><span style="font-size: 10pt">.
As at December 31, 2020, the Company concluded that no additional impairment loss should be recognized. As at December 31, 2019, the
Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized an impairment loss
of $<span id="xdx_909_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20190101__20191231_zgDHKFdVzR6a"><ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,902</ix:nonFraction></span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, the Company performed an assessment on whether there were indicators that a vessel(s) may be impaired and no impairment
indicators were identified for the Company&#8217;s vessels.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
impairment loss for the years ended December 31, 2020 and 2019, analysed by vessel is as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory"><p id="xdx_89D_eifrs-full--DisclosureOfImpairmentOfAssetsExplanatory_zWaZBld2cazd" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Vessels,
net - Impairment loss</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49B_20200101__20201231_zBNzYuBaZcDg" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20190101__20191231_zKrKjAW40Ffc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Vessel</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_406_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVRiverGlobeMember_z6MtUToEPs9e" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v River Globe</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_MVRiverGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">332</ix:nonFraction>)</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_MVRiverGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,920</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSkyGlobeMember_zGwb8tahaA4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Sky Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_MVSkyGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,231</ix:nonFraction>)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_MVSkyGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8,074</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVStarGlobeMember_zGohHj5i1EN7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Star Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_MVStarGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">460</ix:nonFraction>)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_MVStarGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7,197</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_401_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSunGlobeMember_zXP9Oruikkx9" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Sun Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_MVSunGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,013</ix:nonFraction>)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_MVSunGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,797</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVMoonGlobeMember_zEzZt7G6hq7e" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Moon Globe</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31_custom_MVMoonGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">579</ix:nonFraction>)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31_custom_MVMoonGlobeMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,914</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_403_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_zDSeisBJIKe9" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment
    loss</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,902</ix:nonFraction>)</span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A5_zDtHtV8i89hj" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Reversal
of previously recognized impairment:</b> The Company also assesses whether there is any indication that a previously recognized impairment
loss for a vessel no longer exists or may have decreased. If an indication of possible reversal is identified, the Company estimates
the recoverable amount of that asset. Such reversal indicators are:</span></p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"></td><td style="width: 18pt"><span style="font: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt">Observable
                                            indications that the vessel&#8217;s value has increased significantly and will be sustained.                                            </span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 78pt; text-align: justify; text-indent: -18pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"></td><td style="width: 18pt"><span style="font: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt">Significant
                                            favourable changes in the technological, economic or legal environment incurred or are expected
                                            to be incurred and positively affect vessel&#8217;s value or increase its revenue generating ability.
                                            </span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"></td><td style="width: 18pt"><span style="font: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt">Market interest rates of return on investments have decreased during
                                                                                                          the period, which will result in decrease of the discount rate.</span> </td></tr></table>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 78pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company has assessed current market trends as well as the historical market data, historical market volatility and various qualitative
factors and concluded that no indicators for reversal of impairment were present as of December 31, 2021 and no reversal of previously
recognized impairment losses  is required for the financial year ended December 31, 2021.<span style="font-family: Times New Roman, Times, Serif">&#160;&#160;</span></span></p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 159 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<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>

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

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfInventoriesExplanatory"><p id="xdx_801_eifrs-full--DisclosureOfInventoriesExplanatory_zUVmAJHHg4U8" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_824_zRPlAGUPAfT5">Inventories</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Inventories
in the consolidated statement of financial position are analysed as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory"><p id="xdx_890_ecustom--DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_zBvDVcIaXPO1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Inventories</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_490_20211231_zFfN39VvKtO" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_497_20201231_zzp0htjPn35c" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_403_ecustom--LubricantsInventoryCurrent_iI_pn3n3_zQSgjjEhYfJe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:LubricantsInventoryCurrent" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">765</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:LubricantsInventoryCurrent" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">319</ix:nonFraction></span></td></tr>
  <tr id="xdx_404_ecustom--GasCylindersInventoryCurrent_iI_pn3n3_zTXHCnJikmcb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Gas cylinders</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:GasCylindersInventoryCurrent" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">87</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:GasCylindersInventoryCurrent" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">75</ix:nonFraction></span></td></tr>
  <tr id="xdx_402_ecustom--BunkerInventoryCurrent_iI_pn3n3_d0_zi0e8s5Y4z22" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Bunkers</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BunkerInventoryCurrent" contextRef="AsOf2021-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BunkerInventoryCurrent" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">854</ix:nonFraction></span></td></tr>
  <tr id="xdx_403_eifrs-full--Inventories_iTI_pn3n3_zecVZpC8sWTj" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">852</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,248</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A8_zidun4NEbcDf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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


</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory"><p id="xdx_806_eifrs-full--DisclosureOfTradeAndOtherPayablesExplanatory_zd3q2MErj1dl" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>7.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_824_zd5X3mVc82G9">Trade accounts payable</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Trade
accounts payable in the consolidated statement of financial position as at December 31, 2021 and 2020, amounted to $<span id="xdx_908_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_z4pQUdsEnTea"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,100</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_90A_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zvee3kHuCXw5"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,758</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively. Trade accounts payable are non-interest bearing.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory"><p id="xdx_80C_eifrs-full--DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_zpyipD8jcrka" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>8.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_826_zOwv6wV6VN5a">Accrued liabilities and other payables</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 48pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Accrued
liabilities and other payables in the consolidated statement of financial position are analysed as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory"><p id="xdx_897_ecustom--DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_zoroHg5UvBua" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Accrued
liabilities and other payables</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20211231_zdCcJyxt9qlg" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20201231_zIVemaZeRslh" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentInterestPayable_iI_pn3n3_d0_zX9glUBtpL1g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued interest</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentInterestPayable" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">179</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentInterestPayable" contextRef="AsOf2020-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--CurrentDebtInstrumentsIssued_iI_pn3n3_d0_zx3mvZKHeI63" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued Interest Swap Loss</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentDebtInstrumentsIssued" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">30</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentDebtInstrumentsIssued" contextRef="AsOf2020-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_402_ecustom--AccruedAuditFeesCurrent_iI_pn3n3_zyTFczQo5MWk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued audit fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:AccruedAuditFeesCurrent" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">82</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:AccruedAuditFeesCurrent" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">63</ix:nonFraction></span></td></tr>
  <tr id="xdx_409_ecustom--OtherAccruals_iI_pn3n3_zaj6TuUpJead" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Other accruals</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OtherAccruals" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,262</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OtherAccruals" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,953</ix:nonFraction></span></td></tr>
  <tr id="xdx_40B_ecustom--CurrentInsuranceDeductibles_iI_pn3n3_zufARPQH0Vn2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Insurance deductibles</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:CurrentInsuranceDeductibles" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">64</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:CurrentInsuranceDeductibles" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">96</ix:nonFraction></span></td></tr>
  <tr id="xdx_405_eifrs-full--OtherCurrentPayables_iI_pn3n3_zRVu86OLIXU4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Other payables</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherCurrentPayables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">59</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherCurrentPayables" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">47</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iTI_pn3n3_z3asbh4diUWh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,676</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,159</ix:nonFraction></span></td></tr>
  </table>


</ix:nonNumeric><p id="xdx_8A6_zBZKucHjwcT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>




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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">Interest on long-term debt is normally
settled quarterly throughout the year and other payables are non-interest bearing.</p>

<p style="font: 10pt 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"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"><p id="xdx_804_eifrs-full--DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_zaD1lXYdkxB" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_822_z0JQprxfkRvj">Share
Capital and Share Premium</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
authorised share capital of Globus consisted of the following:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory"><p id="xdx_890_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zUvAjf3ckF1f" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
Capital and Share Premium - Authorised share capital</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">Authorised share capital:</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-left: 5.4pt"><span id="xdx_907_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_z9d6ExANIzXa" style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2019-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">500,000,000</ix:nonFraction>
    </span><span style="font-size: 10pt">Common shares of par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zP0R41ViD8x6"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2019-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_905_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zCGY0gRLhrN1" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,000</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zOoyv3oOHN0c" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,000</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zdTqEIR39qne" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2019-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,000</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span id="xdx_901_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zSkKNmfI5d15" style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">100,000,000</ix:nonFraction>
    </span><span style="font-size: 10pt">Class B Common shares of par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zhVmJce0NXvd"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction>
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="text-align: right"><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zXrNeyO9Iv11" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z3oicPSpfeAa" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z841EScERD54" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zTSORkBN0Lw" style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2019-12-31_custom_PreferredSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">100,000,000</ix:nonFraction>
    </span><span style="font-size: 10pt">Preferred shares of par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zckiiWoudAo8"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2019-12-31_custom_PreferredSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction>
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z6hPygQ597c8" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-12-31_custom_PreferredSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziSRPpP34VJe" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31_custom_PreferredSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziddmN73zYd7" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2019-12-31_custom_PreferredSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total authorised
    share capital</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231_zu2DY2a16NRh" style="border-bottom: Black 2pt double; font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,200</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_ziLyazTuqWui" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,200</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231_zx7xuo0h0sbf" style="font-size: 10pt"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,200</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8AE_z1AqxXlbT8W1" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span id="xdx_901_ecustom--VotingRights_pid_c20210101__20211231_zEajxlGGkzA9" style="font-size: 10pt"><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" 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.</ix:nonNumeric></span> <span style="font-size: 10pt">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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

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

<ix:exclude><!-- Field: Page; Sequence: 160 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

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

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

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

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfCommonSharesExplanatory"><p id="xdx_892_ecustom--DisclosureOfCommonSharesExplanatory_z2JYelF8EBQ9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
Capital and Share Premium - Common Shares issued and fully paid</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; font-weight: bold"><span style="font-size: 10pt">Common Shares issued and fully paid</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">USD</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">As at January 1, 2019</span></td>
    <td id="xdx_989_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zwesRThE3rEe" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" contextRef="AsOf2018-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">32,057</ix:nonFraction></span></td><td style="width: 1%; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z8Exer38Eeik" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2018-12-31_ifrs-full_IssuedCapitalMember433753031" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zxdysFpNSVel" title="Issued during the year for share-based compensation (note 12)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" contextRef="From2019-01-012019-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">180</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due
    to conversion of loan</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0x5c8aFYcaj" title="Issuance of common stock due to conversion of loan" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" contextRef="From2019-01-012019-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">19,998</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>

<tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">As at December 31, 2019</span></td>
    <td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zIXftKlqVRp5" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><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></span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zyQulkG2quR4" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember433753187" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zNVgKSABIdo9" title="Issued during the year for share-based compensation (note 12)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,812</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due to conversion of
    loan</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znyKXxsKENr3" title="Issuance of common stock due to conversion of loan" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">11,678</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-right: -10pt; padding-left: -10pt; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of new common stocks</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_ztItKhDc2DAj" title="Issuance of new common stocks" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,942,848</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IssueOfEquity_pn3n3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z5w7UESBtuH9" title="Issuance of new common stocks" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember433753250" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due to exercise of pre-funded
    warrants</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zdWldW39Exdc" title="Issuance of common stock due to exercise of pre-funded warrants" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">25,000</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock
    due to exercise of warrants</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zkHUT8HObtQ4" title="Issuance of common stock due to exercise of warrants" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">5,550</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">As at
    December 31, 2020</span></td>
    <td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zYljASJkjZ19" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><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></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z1asdDAD6E22" title="Balance beginning of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember433753296" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znGaVvwYJmb5" title="Issued during the year for share-based compensation (note 12)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">12,178</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of new common stocks</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zu6wCtNsXGm3" title="Issuance of new common stocks" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" contextRef="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">14,905,000</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3Z1uRnePDic" title="Issuance of new common stocks" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember433753328" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">60</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock
    due to exercise of pre-funded warrants</span></td>
    <td id="xdx_980_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zCXX0LbRhy0c" title="Issuance of common stock due to exercise of pre-funded warrants" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" contextRef="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,625,000</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z35Mc9vVmCZ2" title="Issuance of common stock due to exercise of pre-funded warrants" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember433753328" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">As at
    December 31, 2021</span></td>
    <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zUfpnpgzGkrl" title="Balance ending of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" contextRef="AsOf2021-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">20,582,301</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zT6sVH4yoiIa" title="Balance ending of period" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember433753390" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">82</ix:nonFraction></span></td></tr>
  </table>


</ix:nonNumeric><p id="xdx_8A7_z3PCRBfpcFK5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During
the years ended December 31, 2021, 2020 and 2019, Globus issued <span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zbfFmGTCYFSc"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">12,178</ix:nonFraction></span></span><span style="font-size: 10pt">,
<span id="xdx_90B_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zmirN5Qr6ZQ4"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,812</ix:nonFraction>
</span></span><span style="font-size: 10pt">and <span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zu9IY7RgdbTh"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2019-01-012019-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">180</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, respectively (par value $<span id="xdx_90A_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zhhiepNtrHq9"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-12-31_custom_CommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share) as share-based payments.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">As
at December 31, 2021, 2020 and 2019, <span id="xdx_90A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zF25wF4fZj91"><ix:nonFraction name="ifrs-full:NumberOfSharesOutstanding" contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember" format="ixt-sec:numwordsen" decimals="INF" scale="0" unitRef="Shares">no</ix:nonFraction></span>
</span><span style="font-size: 10pt">Class B shares were outstanding.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 12, 2020, the Company entered into a stock purchase agreement and issued <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zjcLU3WAMQE9"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">50</ix:nonFraction>
</span></span><span style="font-size: 10pt">of newly designated Series B Preferred Shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zoR7XtviC6E3"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited, a company controlled by the Chief Executive Officer, Athanasios
Feidakis, in return for $<span id="xdx_90B_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zk48L3V8H6Bd"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">150</ix:nonFraction></span></span><span style="font-size: 10pt">,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant
to a consultancy agreement. On July 27, 2020, the Company issued an additional <span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zTlB25s875A5"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-07-27_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">250</ix:nonFraction>
</span></span><span style="font-size: 10pt">of its Series B preferred shares to Goldenmare Limited in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zYjmS69wcpw9"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-07-27_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">150</ix:nonFraction></span></span><span style="font-size: 10pt">.
The $150 was settled by reducing, on a dollar-for-dollar basis, the amount payable 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, which received fairness opinions from an independent financial advisor.</span></p>

<p style="font: 9pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
March 2, 2021, the Company entered into a stock purchase agreement and issued <span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zF5aDufv2Cw8"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">Series B Preferred Shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zlDACJrVmvz5"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited, a company controlled by the Company&#8217;s Chief Executive
Officer, Athanasios Feidakis, in return for $<span id="xdx_90E_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zkSm7GZEDupb"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></span><span style="font-size: 10pt">,
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, which received fairness opinions from an independent financial advisor.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
April 23, 2019, the outstanding principal amount of $<span id="xdx_905_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zq1QSt0MM7p5"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,100</ix:nonFraction>
</span></span><span style="font-size: 10pt">plus the accrued interest of $<span id="xdx_905_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zumpVBR53Oc2"><ix:nonFraction name="ifrs-full:InterestPayable" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">70</ix:nonFraction>
</span></span><span style="font-size: 10pt">outstanding under the Firment Shipping Inc. Credit Facility was converted to share capital
at a conversion price of $<span id="xdx_90D_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zsVYnzO6UiNb"><ix:nonFraction name="glbs:DebtInstrumentConvertibleConversionPrice" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">280</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share and, accordingly, the Company issued <span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zJzrdwYtHaGi"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">11,322</ix:nonFraction>
</span></span><span style="font-size: 10pt">new common shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zwwXTIR57bi5"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, to Firment Shipping Inc.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During
the year ended December 31, 2019, an amount of approximately $<span id="xdx_907_eifrs-full--Borrowings_iI_pn3n3_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zwezJsDJvUO2"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2019-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,789</ix:nonFraction></span></span><span style="font-size: 10pt">,
principal and accrued interest, under the senior convertible note (note 11) was converted to share capital and the Company issued <span id="xdx_909_eifrs-full--NumberOfSharesIssued_iI_pip0_uShares_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_ztDx44ayKJPc"><ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="AsOf2019-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">8,676</ix:nonFraction>
</span></span><span style="font-size: 10pt">new common shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z9qDXLSf9NM7"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2019-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, to the holder of the senior convertible note.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During
the year ended December 31, 2020 and further to the conversion clause included into the Convertible Note (Note 11) an amount of approximately
$<span id="xdx_909_eifrs-full--Borrowings_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zIpoRC5eOuCk"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,168</ix:nonFraction></span></span><span style="font-size: 10pt">,
principal and accrued interest, was converted to share capital at a conversion price of $<span id="xdx_906_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zcVyYh6eK4qd"><ix:nonFraction name="glbs:DebtInstrumentConvertibleConversionPrice" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">100</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share and a total number of <span id="xdx_90F_eifrs-full--NumberOfSharesIssued_iI_pip0_uShares_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_za15PZGlnJ4"><ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">11,678</ix:nonFraction>
</span></span><span style="font-size: 10pt">new shares, par value $<span id="xdx_90E_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zlLMEs4tLAn1"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, were issued in name of the holder of the Convertible Note.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 161 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

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

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 22, 2020, the Company issued <span id="xdx_90A_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200622_zQ3MDA64TDe7"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-06-22" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">342,857</ix:nonFraction>
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20211231_z6mYzhAmkwN9"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, in an underwritten public offering at a price of $<span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622_zQCUGa9mnUHe"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2020-06-22" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">35</ix:nonFraction>
</span></span><span style="font-size: 10pt">per unit. Each unit consisted of one common share and one Class A warrant to purchase one
common share and immediately separated upon issuance. In addition, the Company granted to the underwriter a 45-day option to purchase
up to an additional <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zLonRQAEqvf8"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">51,429</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90B_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zutbbvfUMlfj"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, (or pre-funded warrants in lieu thereof) and Class A warrants to purchase up to
<span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_z88cG5WY7yag"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">51,429</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, at the public offering price less discounts and commissions. The underwriter
exercised its option and purchased <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zIWgMhOzkyte"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">51,393</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zrGzl7P5n84l"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share and Class A warrants to purchase <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zJGufu85eFPi"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">51,393</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares. <span style="font-family: Times New Roman, Times, Serif">Each Class A warrant
is immediately exercisable for one common share at an exercise price of $<span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zRGW7BZn3MK3"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">35</ix:nonFraction>
</span></span></span><span style="font: 10pt Times New Roman, Times, Serif">per share and expires <span id="xdx_908_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_dc_uPure_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_z3o8GwstJSkk"><ix:nonFraction name="ifrs-full:DescriptionOfOptionLifeShareOptionsGranted" contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember" format="ixt-sec:numwordsen" decimals="INF" unitRef="Pure">five
</ix:nonFraction></span></span><span style="font: 10pt Times New Roman, Times, Serif">years from issuance. Total proceeds amounted
to $<span id="xdx_90D_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zEtl0jBVSqgh"><ix:nonFraction name="ifrs-full:ProceedsFromExerciseOfOptions" contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12,695</ix:nonFraction>
</span></span><span style="font: 10pt Times New Roman, Times, Serif">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021 and 2020, the Company had issued <span id="xdx_90A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zEAEI0OvVwW6"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-12-31_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">5,550</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zCg2nR7avtLe"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-31_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, pursuant to exercise of outstanding Class A Warrants, resulting to cash proceeds
of $<span id="xdx_90E_ecustom--ProceedsFromWarrantExercises_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zZfp7mo9UIL5"><ix:nonFraction name="glbs:ProceedsFromWarrantExercises" contextRef="From2021-01-012021-12-31_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">194</ix:nonFraction></span></span><span style="font-size: 10pt">,
and had <span id="xdx_90E_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_ztlapEhAfvk8"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2020-12-31_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">388,700</ix:nonFraction>
</span></span><span style="font-size: 10pt">Class A Warrants outstanding to purchase an aggregate of <span id="xdx_902_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zqRZHRLq6iX"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-12-31_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">388,700</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zfziXzlBcUSg"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-12-31_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 96.4pt; text-align: justify; text-indent: -25.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 30, 2020, the Company issued <span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zOWhFIOSzxrl"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-06-30_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">458,500</ix:nonFraction>
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zr98YvSbuT64"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-06-30_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, in a registered direct offering and warrants (&#8220;PP Warrants&#8221;) to purchase
<span id="xdx_909_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zxOj4ZAo4Tj3"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2020-06-30_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">458,500</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares in a concurrent private placement for a purchase price of $<span id="xdx_90F_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zqdnNoDcNR39"><ix:nonFraction name="glbs:PurchasePriceOfOutstandingWarrants" contextRef="AsOf2020-06-30_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">27</ix:nonFraction>
</span></span><span style="font-size: 10pt">per common share and PP Warrant. The warrants were exercisable upon issuance and had an exercise
price of $<span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--TopOfRangeMember_zoEBuyA6aIJg"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">30</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, subsequently reduced to $<span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--BottomOfRangeMember_zVKaiVHgagJ6"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">18</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share. Total proceeds amounted to $<span id="xdx_90C_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zf4JBUVY9Yv"><ix:nonFraction name="glbs:ProceedsFromWarrantExercises" contextRef="From2020-01-012020-06-30_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,513</ix:nonFraction>
</span></span><span style="font-size: 10pt">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
July 21, 2020, the Company issued <span id="xdx_90F_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zqgDsG20wy4h"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-07-21_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">833,333</ix:nonFraction>
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zxRNZD5XRGmh"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-07-21_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, in a registered direct offering and PP Warrants to purchase <span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zVNsQBkBXJe6"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2020-07-21_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">833,333</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares in a concurrent private placement for a purchase price of $<span id="xdx_904_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zAtSWm586rag"><ix:nonFraction name="glbs:PurchasePriceOfOutstandingWarrants" contextRef="AsOf2020-07-21_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">18</ix:nonFraction>
</span></span><span style="font-size: 10pt">per common share and PP Warrant. The exercise price of each PP Warrant was $<span id="xdx_903_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zDwhkNlvBqdh"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2020-07-21_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">18</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share. Concurrently with this offering the exercise price of the PP Warrants issued on
June 30, 2020, were reduced to $18 per share. Total proceeds amounted to $<span id="xdx_909_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zwV59MVdjnf5"><ix:nonFraction name="glbs:ProceedsFromWarrantExercises" contextRef="From2020-01-012020-07-21_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">13,950</ix:nonFraction>
</span></span><span style="font-size: 10pt">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
PP 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
resale of the common shares underlying the private placement warrants under the Securities Act is not effective or available at any time
after the six month anniversary of the date of issuance of the private placement warrants, the holder may, in its sole discretion, elect
to exercise the private placement 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021 and 2020, no PP Warrants had been exercised and the Company had <span id="xdx_906_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zU7Q9R1kGT05"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2020-12-31_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,291,833</ix:nonFraction>
</span></span><span style="font-size: 10pt">PP Warrants outstanding to purchase an aggregate of <span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_z1RMP7uAsiud"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2020-12-31_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,291,833</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
December 10, 2020, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
in a registered direct offering to issue (a) <span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_ziqTzD0G9SBh"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-12-09_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,256,765</ix:nonFraction>
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z8oMg2UaNrIh"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-09_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zgBgxcB56V0k"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2020-12-10_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">155,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z496brkb2TUj"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-10_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, (&#8220;December 2020 Pre-Funded Warrants&#8221;), and (c) warrants (&#8220;December
2020 Warrants&#8221;) to purchase <span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zOcc1xKEsMuf"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2020-12-10_custom_InstitutionalInvestorsMember_custom_DecemberWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,270,587</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares with an exercise price of $<span id="xdx_90D_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_z2cLsCooLPY4"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2020-12-10_custom_InstitutionalInvestorsMember_custom_DecemberWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">8.50</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share. On December 9, 2020, the Company issued <span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z4E5zcjkFWn8"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2020-01-012020-12-09_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,256,765</ix:nonFraction>
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zXO6Vz8XInj9"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-09_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, pursuant to this agreement. Total proceeds amounted to $<span id="xdx_900_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20200101__20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zrRNXExOcHxb"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2020-01-012020-12-10_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,159</ix:nonFraction>
</span></span><span style="font-size: 10pt">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
December 2020 Pre-Funded Warrants are exercisable at any time after their original issuance until exercised in full. The Pre-Funded 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. The exercise price for the
December 2020 Pre-Funded Warrants is $<span id="xdx_903_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zeCTnDkgs0g4"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2021-12-31_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.01</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share. The December 2020 Pre-Funded Warrants are exercisable at any time after their
original issuance until exercised in full.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2020, 25,000 December 2020 Pre-Funded Warrants had been exercised, resulting to net proceeds of $<span id="xdx_908_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zKEPdz1uXpQ9"><ix:nonFraction name="ifrs-full:ProceedsFromExerciseOfOptions" contextRef="From2020-01-012020-12-31_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="0" scale="3" unitRef="USD">0.25</ix:nonFraction>
</span></span><span style="font-size: 10pt">and the Company had <span id="xdx_900_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zGUVJXuVVqk5"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2020-12-31_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">130,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">December 2020 Pre-Funded Warrants outstanding to purchase an aggregate of <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zATv0RB9PN64"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2020-12-31_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">130,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares. On January 13, 2021, the remaining 130,000 December 2020 Pre-Funded Warrants
were exercised, resulting to net proceeds of $<span id="xdx_904_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_z9CRV003Bm19"><ix:nonFraction name="ifrs-full:ProceedsFromExerciseOfOptions" contextRef="From2021-01-012021-01-13_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="0" scale="3" unitRef="USD">1.3</ix:nonFraction>
</span></span><span style="font-size: 10pt">and the issuance of <span id="xdx_904_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zXKUvvpuCSS9"><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></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify"></p>

<ix:exclude><!-- Field: Page; Sequence: 162 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"></p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
December 2020 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.</span></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"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021 and 2020, no December 2020 Warrants had been exercised and the Company had December 2020 Warrants outstanding to
purchase an aggregate of <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zxbnfJSOnXh6"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-12-31_custom_DecemberWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,270,587</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Total
transaction costs for the issuance of common shares in relation to the offerings in 2020 amounted to $<span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20200101__20201231_zFZmYrKl35h7"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,079</ix:nonFraction></span></span><span style="font-size: 10pt">.</span></p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
January 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
(a) <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z7wExpKYcARd"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,155,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zS2pQJBlnXyb"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z1wcSMusaTKe"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-01-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">445,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zMxSxRHMNTvl"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-01-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share and (c) warrants (the &#8220;January 2021 Warrants&#8221;) to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_z3e1dgIeuAh8"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,950,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zoBviiT0X7Ml"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, at an exercise price of $<span id="xdx_90E_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zpi422272DFe"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">6.25</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share. Total proceeds, net of commission retained by the placement agent, amounted to
$<span id="xdx_90B_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zAxiZ87DQG5g"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,108</ix:nonFraction></span></span><span style="font-size: 10pt">,
before issuance expenses of $<span id="xdx_906_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zrJmNGHHwnKj"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">120</ix:nonFraction></span></span><span style="font-size: 10pt">.
All 445,000 pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_90F_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zHdJTlxTbbZ3"><ix:nonFraction name="ifrs-full:ProceedsFromExerciseOfOptions" contextRef="From2021-01-012021-12-31_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5</ix:nonFraction></span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, no January 2021 Warrants had been exercised and the Company had January 2021 Warrants outstanding to purchase an
aggregate of <span id="xdx_901_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210131__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zz0zEpIRyLhf"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2021-01-31_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,950,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
February 17, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
(a) <span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_za0gcx15yQY6"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">3,850,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zOfPQyiJC4Oa"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zHsjOvEZX5y2"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-02-17_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">950,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNYMXgTxEaOa"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-02-17_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">par value, and (c) warrants (the &#8220;February 2021 Warrants&#8221;) to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zKws5rsMjbZd"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">4,800,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_903_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_z4oUQ0UWPTDg"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, at an exercise price of $<span id="xdx_90B_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zJU77mo7ugjb"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">6.25</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share. Total proceeds, net of commission retained by the placement agent, amounted to
$<span id="xdx_90F_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zIqd0A48ajc8"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">27,891</ix:nonFraction></span></span><span style="font-size: 10pt">,
before issuance expenses of $<span id="xdx_90F_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z4ZGIQ0uYbXa"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">152</ix:nonFraction></span></span><span style="font-size: 10pt">.
All 950,000 pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_901_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zHHsSerBTRZ4"><ix:nonFraction name="ifrs-full:ProceedsFromExerciseOfOptions" contextRef="From2021-01-012021-12-31_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, no February 2021 Warrants had been exercised and the Company had February 2021 Warrants outstanding to purchase
an aggregate of <span id="xdx_909_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210228__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_z8AIi2IcyUk6"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2021-02-28_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">4,800,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares.</span></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: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue (a)
<span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zauW8AV2wQRl"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">8,900,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zY2zmKKDJNY9"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0iGU4XPuLF4"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,100,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zQmaZM9DQDs6"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">par value, and (c) warrants (the &#8220;June 2021 Warrants&#8221;) to purchase <span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zB1dJpYxb85e"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,000,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_z3bi9XTsY8Di"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, at an exercise price of $<span id="xdx_906_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zG5vMvBWB1a7"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">5.00</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share. Total proceeds, net of commission retained by the placement agent, amounted to
$<span id="xdx_904_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zQdgvusKyIE1"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">46,581</ix:nonFraction></span></span><span style="font-size: 10pt">,
before issuance expenses of approximately $<span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z14ZcdMMP2Ve"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">129</ix:nonFraction></span></span><span style="font-size: 10pt">.
As at September 30, 2021, 1,100,000 pre-funded warrants were exercised and the total proceeds amounted to $<span id="xdx_905_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zSTuAHEqzBL5"><ix:nonFraction name="ifrs-full:ProceedsFromExerciseOfOptions" contextRef="From2021-01-012021-12-31_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11</ix:nonFraction></span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 163 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, no June 2021 Warrants had been exercised and the Company had June 2021 Warrants outstanding to purchase an aggregate
of <span id="xdx_90B_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zbUez92aegrf"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2021-06-30_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,000,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">common shares.</span></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: 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"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Total
transaction costs for the issuance of common shares in relation to the offerings in 2021 amounted to $<span id="xdx_90F_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20211231_zYXSPfpzfjW"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">401</ix:nonFraction></span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">The Company&#8217;s
warrants were classified as equity in accordance with the provisions of IAS 32.meet the classification criteria as per IAS 32 and, accordingly,
are classified in equity.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
premium includes the contribution of Globus&#8217; shareholders to the acquisition of the Company&#8217;s vessels. Additionally, share
premium includes the effects of the Globus initial and follow-on public offerings, the effects of the settlement of the related party
loans (note 4) with the issuance of the Company&#8217;s common shares and the effects of the share-based payments described in note 12.
Accordingly, at December 31, 2021, 2020 and 2019, Globus share premium amounted to $<span id="xdx_904_eifrs-full--SharePremium_iI_pn3n3_c20211231_zmd8UNjxrV5d"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">284,406</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_90E_eifrs-full--SharePremium_iI_pn3n3_c20201231_zAmEKSOfFzk2"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">195,102</ix:nonFraction></span></span> <span style="font-size: 10pt">and $<span id="xdx_90F_eifrs-full--SharePremium_iI_pn3n3_c20191231_zdgqzXhuwUU9"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">145,527</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfEarningsPerShareExplanatory"><p id="xdx_803_eifrs-full--DisclosureOfEarningsPerShareExplanatory_zsHsrEjnWWad" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>10.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_826_zX7GG6WBpdgf">Earnings/(Loss) per Share</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Basic earnings
/ (loss) per share (&#8220;EPS&#8221; / &#8220;LPS&#8221;) is calculated by dividing the net income /(loss) for the year attributable
to Globus shareholders by the weighted average number of shares issued, paid and outstanding.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Diluted earnings
/ (loss) per share is calculated by dividing the net income / (loss) attributable to common equity holders of the parent by the weighted
average shares outstanding during the year plus the weighted average number of common shares that would be issued on the conversion of
all the 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/(losses) per share computation
unless such inclusion would be anti-dilutive.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As for the
year ended December 31, 2021, the securities that could potentially dilute basic EPS in the future are any incremental shares of
unexercised warrants (Note 9). As the warrants were out-of-the money during the period ended December 31, 2021, these were not
included in the computation of diluted EPS, because to do so would have anti-dilutive effect.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As the Company
reported losses for the years ended December 31, 2020 and 2019, the effect of any incremental shares would be antidilutive and thus excluded
from the computation of the LPS.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
reflects the net income/(loss) per common share:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfEarningsPerShareTableExplanatory"><p id="xdx_89E_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zNVwWusKx4O3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Earnings/(Loss)
per Share</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20210101__20211231_zzlmG8ShgMmd" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20200101__20201231_zTh0doZ8Mhtl" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_494_20190101__20191231_zlj4INfy5TXb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zB49Uqy71m2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Income/(Loss) attributable
    to common equity holders</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,950</ix:nonFraction></span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17,372</ix:nonFraction>)</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">36,351</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_408_eifrs-full--WeightedAverageShares_pn3n3_z5zPYX2EaSd1" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Weighted average number of shares
    &#8211; basic and diluted</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:WeightedAverageShares" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">14,809,536</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:WeightedAverageShares" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">959,157</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:WeightedAverageShares" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">41,622</ix:nonFraction></span></td></tr>
  <tr id="xdx_401_ecustom--BasicAndDilutedEarningsLossPerShare_pip0_zNPIlQhkXVv1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Net income/(loss) per common
    share &#8211; basic and diluted</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BasicAndDilutedEarningsLossPerShare" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">1.01</ix:nonFraction></span></td><td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:BasicAndDilutedEarningsLossPerShare" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" sign="-" unitRef="USDPShares">18.11</ix:nonFraction>)</span></td><td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:BasicAndDilutedEarningsLossPerShare" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" sign="-" unitRef="USDPShares">873.36</ix:nonFraction>)</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><p id="xdx_8A1_zNGZ2OBqISqd" style="font: 9pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p>

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

<ix:exclude><!-- Field: Page; Sequence: 164 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

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

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfBorrowingsExplanatory"><p id="xdx_802_eifrs-full--DisclosureOfBorrowingsExplanatory_zKuzJM0ADRD5" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_823_z0bZjnypm6s">Long-Term Debt, net</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt">Long-term
debt in the consolidated statement of financial position is analysed as follows:</span></p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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; text-indent: 0.5in"></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition"><p id="xdx_894_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_zorZdunRMSa3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Long-Term
Debt, net - Consolidated statement of financial position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; text-align: justify"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>Borrower</b></span></p></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Principal</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Deferred
    Finance costs</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Amortised cost</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 67%; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt"><b>(a)&#8239;Devocean Maritime LTD.,
    Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited</b></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zQddjpLTOJHk" title="Loan Balance" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,750</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zZlJFfOnTzLf" title="Unamortized Debt Discount" style="width: 10%; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:DebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">447</ix:nonFraction>)</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zJXL5ORciGda" title="Total Borrowings" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,303</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Total at December 31, 2021</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20211231_z9AIINpjmnhb" title="Loan Balance" style="font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,750</ix:nonFraction></span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zEKdEmhtvTei" title="Unamortized Debt Discount" style="font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:DebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">447</ix:nonFraction>)</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231_zlKhu7aJQQgc" title="Total Borrowings" style="font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,303</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Less:
    Current Portion</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20211231_zkklLvwreT1g" title="Loan Balance - Current Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:CurrentPortionOfLongTermBorrowingsGross" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">5,000</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zVq73IBLthKh" title="Unamortized Debt Discount- Current Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">135</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20211231_z3xLu5acnSni" title="Total Borrowings - Current Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,865</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-Term
    Portion</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20211231_zui5Lp9vbMdj" title="Loan Balance - Long-Term Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:LongTermBorrowingsGross" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">26,750</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zTmZS0Az5V3g" title="Unamortized Debt Discount - Long-Term Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:LongTermDebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">312</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn3n3_c20211231_zhgm9xqkNS93" title="Total Borrowings - Long-Term Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">26,438</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Total at December 31, 2020</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zr3SMbxwRMk3" title="Loan Balance" style="font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction></span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_z99GJigbGFi2" style="font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:DebtInstrumentUnamortisedDiscount" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">448</ix:nonFraction>)</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--Borrowings_iI_pn3n3_c20201231_zEfgmDnFzxt6" title="Total Borrowings" style="font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">36,552</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Less:
    Current Portion</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zcwCjj8ZvoLg" title="Loan Balance - Current Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:CurrentPortionOfLongTermBorrowingsGross" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">5,970</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zHyLflgYIx61" title="Unamortized Debt Discount- Current Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">305</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_zTiqa3lHJVWj" title="Total Borrowings - Current Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,665</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-Term
    Portion</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zajrXZcosd11" title="Loan Balance - Long-Term Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:LongTermBorrowingsGross" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,030</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zniVWcEgDtwe" title="Unamortized Debt Discount - Long-Term Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:LongTermDebtInstrumentUnamortisedDiscount" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">143</ix:nonFraction>)</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zVMLjd0W2Mme" title="Total Borrowings - Long-Term Portion" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">30,887</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8AD_zRj2nbI4eY9f" style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></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: 2%"><span style="font-size: 10pt"><b>(a)</b></span></td><td style="text-align: justify; width: 98%"><span style="font: 10pt Times New Roman, Times, Serif">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_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z0t5NVXDHEb"><ix:nonFraction name="glbs:LineOfCreditFacilityMaximumBorrowingCapacity" contextRef="AsOf2019-06-30_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction>
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">with
                                            EnTrust Global&#8217;s Blue Ocean Fund <span id="xdx_90B_ecustom--DescriptionOfBorrowingsScope_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zhS5nyDqTdfc"><ix:nonNumeric contextRef="From2019-01-012019-06-30_custom_EnTrustMember" name="glbs:DescriptionOfBorrowingsScope">for
                                            the purpose of refinancing the existing indebtedness secured on the ships and for general
                                            corporate purposes</ix:nonNumeric></span></span><span style="font: 10pt Times New Roman, Times, Serif">.
                                            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
                                            is guaranteed by Globus. The loan facility bears interest at <span id="xdx_90A_eifrs-full--BorrowingsInterestRateBasis_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zebwEHm8Ro26"><ix:nonNumeric contextRef="From2019-01-012019-06-30_custom_EnTrustMember" name="ifrs-full:BorrowingsInterestRateBasis">LIBOR</ix:nonNumeric>
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">plus
                                            a margin of <span id="xdx_90A_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip0_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_ziNNE8GsKXYi"><ix:nonFraction name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" contextRef="AsOf2019-06-30_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">8.50</ix:nonFraction>%
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">(or
                                            <span id="xdx_90F_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8PPVskNC9Ba"><ix:nonFraction name="glbs:BorrowingsDefaultInterestRate" contextRef="AsOf2019-06-30_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.5</ix:nonFraction>%
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">default
                                            interest) for interest periods of three months. This loan facility was referred to as EnTrust
                                            loan facility.</span></td></tr></table>
<p style="text-align: justify"></p><p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"></p>

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

<p style="text-align: justify"><span style="font-size: 10pt">As at December 31, 2020, the Company was in compliance with the covenants
of the EnTrust Loan Agreement.</span></p>

<p style="text-align: justify"><span style="font-size: 10pt">In March 2021, the Company prepaid $<span id="xdx_902_ecustom--DebtInstrumentPrepaymentAmount_pdn6_c20210101__20210331__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_znjrTd2Fz54d"><ix:nonFraction name="glbs:DebtInstrumentPrepaymentAmount" contextRef="From2021-01-012021-03-31_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">6</ix:nonFraction></span></span><span style="font-size: 10pt">.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.</span></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; text-indent: 0cm"></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 2%"><span style="font-size: 10pt"><b>(b)</b></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">In
                                            November 2018, Globus Maritime Limited entered into a credit facility for up to $<span id="xdx_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zecetcZZwue5"><ix:nonFraction name="glbs:LineOfCreditFacilityMaximumBorrowingCapacity" contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,000</ix:nonFraction>
                                            </span></span><span style="font-size: 10pt">with Firment Shipping Inc., an affiliate of the
                                            Company&#8217;s chairman, <span id="xdx_907_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zQrGiCpPsxR6"><ix:nonNumeric contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" name="glbs:DescriptionOfBorrowingsScope">for
                                            the purpose of financing its general working capital needs</ix:nonNumeric></span></span><span style="font-size: 10pt">.
                                            The Firment Shipping Credit Facility was unsecured and remained available until its final
                                            maturity date on <span id="xdx_90F_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zguqgW321m3f"><ix:nonNumeric contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" name="ifrs-full:BorrowingsMaturity">October
                                            31, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">, as amended. The Company had the right
                                            to draw-down any amount of up to $15,000 or prepay any amount in multiples of $<span id="xdx_90C_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zD1cAvs4g1y4"><ix:nonFraction name="glbs:LineOfCreditFacilityDrawndownAmountsMultiples" contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></span><span style="font-size: 10pt">.
                                            Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest
                                            on drawn and outstanding amounts was charged at <span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zV1f5qgTY9Wd"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.5</ix:nonFraction>%
                                            </span></span><span style="font-size: 10pt">per annum until December 31, 2020, and thereafter
                                            at <span id="xdx_904_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zLrqtOajUA5c"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7</ix:nonFraction>%
                                            </span></span><span style="font-size: 10pt">per annum and no commitment fee was charged on
                                            the amounts remaining available and undrawn. Interest was payable the last day of a period
                                            of three months after the draw-down date, after this period in case of failure to pay any
                                            sum due, a default interest of <span id="xdx_90D_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zcnd1AWHqSN4"><ix:nonFraction name="glbs:BorrowingsDefaultInterestRate" contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2</ix:nonFraction>%
                                            </span></span><span style="font-size: 10pt">per annum above the regular interest was charged.
                                            </span></td></tr></table>

<p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 20pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">Globus
also had the right, in its sole option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid
interest under the Firment Shipping Credit Facility into common stock. The conversion price would equal the higher of (i) the average
of the daily dollar volume-weighted average sale price for the common stock on the principal market on any trading day during the period
beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#8220;VWAP&#8221;) over the pricing period multiplied by <span id="xdx_908_ecustom--DebtInstrumentConvertibleConversionMultiplier_pip0_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zHifbJqljNb5"><ix:nonFraction name="glbs:DebtInstrumentConvertibleConversionMultiplier" contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">80</ix:nonFraction>%</span></span><span style="font-size: 10pt">,
where the &#8220;Pricing Period&#8221; equaled the ten consecutive trading days immediately preceding the date on which the conversion
notice was executed or (ii) Two hundred eighty US Dollars ($280).</span></p>

<p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">As
per the conversion clause included in the Firment Shipping Credit Facility, the Company had recognized this agreement as a hybrid financial
instrument which included an embedded derivative. This embedded derivative component was separated from 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 income statement component of the consolidated
statement of comprehensive income/(loss). For the year ended December 31, 2020, the amount drawn and outstanding with respect to Firment
Shipping Credit Facility was nil.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -25.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">On
April 23, 2019, the Company converted to share capital, as per the conversion clause included in the Firment Shipping Credit Facility
the outstanding principal amount of $<span id="xdx_90E_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zweUaZje17Fd"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,100</ix:nonFraction>
</span></span><span style="font-size: 10pt">plus the accrued interest of $<span id="xdx_909_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zmo0D0oi5phk"><ix:nonFraction name="ifrs-full:InterestPayable" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">70</ix:nonFraction>
</span></span><span style="font-size: 10pt">at a conversion price of $<span id="xdx_902_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zrsCJIubVf3l"><ix:nonFraction name="glbs:DebtInstrumentConvertibleConversionPrice" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">280</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share and issued <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zTfSfrvHX6f5"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">11,322</ix:nonFraction>
</span></span><span style="font-size: 10pt">new common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zKAt0R7HX3n8"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, on behalf of Firment Shipping Inc. This conversion resulted to a gain of approximately
$<span id="xdx_90F_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zOZEZsKwNwce"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">117</ix:nonFraction></span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"></p>

<ix:exclude><!-- Field: Page; Sequence: 165 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"></p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">On
July 27, 2020, the Company repaid the total outstanding principal and interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_90B_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zzFxSL7x8Iei"><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><span style="font-size: 10pt">.
The Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_908_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zDDVTGlac5tl"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">220</ix:nonFraction></span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020, there was an amount of $<span id="xdx_90B_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zX4IuifBFBih"><ix:nonFraction name="ifrs-full:UndrawnBorrowingFacilities" contextRef="AsOf2020-12-31_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,200</ix:nonFraction></span></span><span style="font-size: 10pt">,
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 existing Revolving Credit Facility to a Term Credit Facility and extended the maturity date to <span id="xdx_905_eifrs-full--BorrowingsMaturity_c20200101__20200508__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zlMXDqMgxJD1"><ix:nonNumeric contextRef="From2020-01-012020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" name="ifrs-full:BorrowingsMaturity">October
31, 2021</ix:nonNumeric></span></span><span style="font-size: 10pt">. The facility with Firment Shipping Inc. expired on October 31, 2021.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The Firment
Shipping Credit Facility required that Athanasios Feidakis remained Chief Executive Officer and that Firment Shipping maintained at least
a <span id="xdx_902_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pip0_c20210101__20211231__ifrs-full--RangeAxis__srt--MinimumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zqjszusK01bl"><ix:nonFraction name="glbs:ProportionOfOwnershipInterestsHeldByControllingParty" contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember_srt_MinimumMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">40</ix:nonFraction>%
</span></span><span style="font-size: 10pt">shareholding in Globus, other than due to actions taken by Firment Shipping, such as sales
of shares. In connection with the public offering on June 22, 2020 and the registered direct offering on June 30, 2020, July 21, 2020,
December 7, 2020, January 27, 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.3pt; text-align: justify; text-indent: -25.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">As
at December 31, 2020, the Company was in compliance with the loan covenants of the Firment Shipping Credit Facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"></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: 2%"><span style="font-size: 10pt"><b>(c)</b></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">On
                                            March 13, 2019, the Company signed a securities purchase agreement with a private investor
                                            and on the same date issued, in a transaction exempt from registration under the Securities
                                            Act of 1933, as amended (the &#8220;Securities Act&#8221;), for gross proceeds of $<span id="xdx_908_eifrs-full--DebtSecurities_iI_pn6n6_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zhjjy7nzhxVj"><ix:nonFraction name="ifrs-full:DebtSecurities" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-6" scale="6" unitRef="USD">5</ix:nonFraction>
                                            </span></span><span style="font-size: 10pt">million, a senior convertible note (the &#8220;Convertible
                                            Note&#8221;) that is convertible into shares of the Company&#8217;s common stock, par value
                                            $<span id="xdx_90A_eifrs-full--ParValuePerShare_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zRpG21kVhUSh"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
                                            </span></span><span style="font-size: 10pt">per share. The Convertible Note provided for
                                            interest to accrue at <span id="xdx_90A_ecustom--DebtInstrumentInterestRateStatedPercentage_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zxlHkcxbrIVi"><ix:nonFraction name="glbs:DebtInstrumentInterestRateStatedPercentage" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction>%
                                            </span></span><span id="xdx_90A_ecustom--LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zuFaDnD7Qsm5" style="font-size: 10pt"><ix:nonNumeric contextRef="From2019-01-012019-03-13_custom_ConvertibleNoteMember" name="glbs:LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms">annually</ix:nonNumeric></span><span style="font-size: 10pt">,
                                            which interest would originally 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.</span></td></tr></table>

<p style="font: 10pt 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"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">On March 13,
2020, Company and the holder of the Convertible Note entered into a waiver regarding the Convertible Note (the &#8220;Waiver&#8221;).
The Waiver waived the Company&#8217;s obligation to repay the Convertible Note on the existing maturity date of March 13, 2020 and did
not require the Company to repay the Convertible Note until March 13, 2021.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">As per
the conversion clause included in the Convertible Note, the Company had recognized this agreement as a hybrid financial instrument which
included an embedded derivative. This embedded derivative component was separated from 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 income statement component of the consolidated statement of
comprehensive income/(loss). The initial amount drawn with respect to the Convertible Note was $<span id="xdx_90E_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zfo8lj31vtJk"><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></span><span style="font-size: 10pt">.
The non-derivative host and the derivative component that was initially recognized amounted to $<span id="xdx_903_ecustom--BorrowingsGross_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zcSTlMpSAQve"><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></span><span style="font-size: 10pt">and $<span id="xdx_904_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zRRjGPjTbU5f"><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></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">For the
year ended December 31, 2019, the Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zzFUnvd3bIal"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2019-01-012019-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,815</ix:nonFraction></span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">Further
to the conversion clause included into the Convertible Note for the year ended December 31, 2020, a total amount of approximately $<span id="xdx_909_eifrs-full--Borrowings_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zptxRI10GAZ8"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,168</ix:nonFraction></span></span><span style="font-size: 10pt">,
principal and accrued interest, was converted to share capital at the conversion price of $<span id="xdx_90C_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zASF3mr4jeA3"><ix:nonFraction name="glbs:DebtInstrumentConvertibleConversionPrice" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">100</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share and a total number of <span id="xdx_90D_eifrs-full--NumberOfSharesIssued_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zZzhzghrK9we"><ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">11,678</ix:nonFraction>
</span></span><span style="font-size: 10pt">new shares, par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z66BpwC9wmR4"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction>
</span></span><span style="font-size: 10pt">per share, were issued in name of the holder of the Convertible Note. The Company recognized
a loss on this derivative financial instrument amounting to $<span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zQUis1fAt2Zh"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,343</ix:nonFraction></span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 166 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"></p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">On May
8, 2020, the holder of the Convertible Note waived certain rights and temporarily reduced, until August 31, 2020, the amount the
noteholder would receive upon a redemption of the Convertible Note at the Company&#8217;s option, such that the Convertible Note
could have been redeemed at the Company&#8217;s option by paying the greater of (i) the aggregate amounts then outstanding pursuant
to the Convertible Note (rather than 120% of such amounts) and (ii) the product of (x) the number of shares issuable upon a
conversion of the Convertible Note (with respect to the amount being redeemed at the time) multiplied by (y) the greatest closing
sale price of the Company&#8217;s common shares on any trading day between the date immediately preceding the first such redemption
at the Company&#8217;s option and the trading day immediately prior to the final Company payment under the Convertible Note. The
foregoing was subject to the Company&#8217;s redemption of all or part of the Convertible Note in cash with an amount equal to the
lesser of (a) the aggregate amounts then outstanding pursuant to the Convertible Note and (b) 25% of the net proceeds of any public
offering of its securities that close before August 31, 2020.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">On June
25, 2020, the Company repaid the total outstanding principal and interest of the Convertible Note amounting to $<span id="xdx_90F_eifrs-full--RepaymentsOfBondsNotesAndDebentures_pn3n3_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zwz48LB40kz3"><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></span><span style="font-size: 10pt">.
The Company recognized a loss on this derivative financial instrument amounting to $<span id="xdx_908_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zQZwO0XhbyT7"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-12-31_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,343</ix:nonFraction></span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 2%"><span style="font-size: 10pt"><b>(d)</b></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">In
                                            May 2021, Globus Maritime Limited entered into&#160;a term loan facility with CIT Bank, N.A.,
                                            relating to the refinancing of the Company&#8217;s ships, the <i>River Globe</i>, <i>Sky
                                            Globe</i>, <i>Star Globe</i>, <i>Moon Globe</i>, <i>Sun Globe</i>, and <i>Galaxy Globe</i>.
                                            The borrowers under the CIT Loan Facility are Devocean Maritime Ltd., Domina Maritime Ltd,
                                            Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime
                                            Limited and the CIT Loan Facility is guaranteed by Globus Maritime Limited.<span style="font-family: Times New Roman, Times, Serif">&#160;</span></span></td></tr></table>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">The loan
agreement was for the lesser of $<span id="xdx_904_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z4vL8i4GGqi7"><ix:nonFraction name="glbs:LineOfCreditFacilityMaximumBorrowingCapacity" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction>
</span></span><span style="font-size: 10pt">and <span id="xdx_908_ecustom--PercentageOfCoverageOfBorrowingCapacity_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zuOlHT1gEfWf"><ix:nonFraction name="glbs:PercentageOfCoverageOfBorrowingCapacity" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">52.5</ix:nonFraction></span></span><span style="font-size: 10pt">%
of the aggregate market value of our ships. The Company drew an aggregate of $<span id="xdx_90A_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zbGFxwzN6UW5"><ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction>
</span></span><span style="font-size: 10pt">at closing and <span id="xdx_908_ecustom--DescriptionOfBorrowingsScope_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zgQFNY5HNBG9"><ix:nonNumeric contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" name="glbs:DescriptionOfBorrowingsScope">used
a significant portion of the proceeds to fully repay the amounts outstanding under the loan agreement with EnTrust</ix:nonNumeric></span></span><span style="font-size: 10pt">.
The Company also entered into a swap agreement with respect to LIBOR. The Company paid CIT Bank an upfront fee in the amount of <span id="xdx_900_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember_zuHWJDVRDo6l"><ix:nonFraction name="glbs:PercentageOfUpfrontFeeInLoanAgreement" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">1.25</ix:nonFraction></span></span><span style="font-size: 10pt">%
of the total commitment of the loan.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility consists of <span id="xdx_907_ecustom--NumberOfLoanTranches_iI_dc_uPure_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zu6VuveyBnkb"><ix:nonFraction name="glbs:NumberOfLoanTranches" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember" format="ixt-sec:numwordsen" decimals="INF" unitRef="Pure">six
</ix:nonFraction></span></span><span style="font-size: 10pt">tranches, which shall be repaid in <span id="xdx_906_ecustom--DebtInstrumentNumberOfRepaymentInstallments_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zd4heSYe2Fml"><ix:nonNumeric contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" name="glbs:DebtInstrumentNumberOfRepaymentInstallments">20</ix:nonNumeric>
</span></span><span style="font-size: 10pt">consecutive <span id="xdx_90C_ecustom--BorrowingsFrequencyOfPeriodicPayment_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zCUWQgSn6Mi4"><ix:nonNumeric contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" name="glbs:BorrowingsFrequencyOfPeriodicPayment">quarterly</ix:nonNumeric>
</span></span><span style="font-size: 10pt">instalments with each instalment in an aggregate amount of $<span id="xdx_908_ecustom--BorrowingsPeriodicPayment_pdn6_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zOArjR146eGj"><ix:nonFraction name="glbs:BorrowingsPeriodicPayment" contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">1.25</ix:nonFraction>
</span></span><span style="font-size: 10pt">million as well as a balloon payment in an aggregate amount of $<span id="xdx_901_ecustom--BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_iI_pdn6_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zdQxgvQ02MC8"><ix:nonFraction name="glbs:BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">9.25</ix:nonFraction>
</span></span><span style="font-size: 10pt">million due together with the 20th and final instalment due in <span id="xdx_907_eifrs-full--BorrowingsMaturity_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z9Mq8A36Z1O5"><ix:nonNumeric contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" name="ifrs-full:BorrowingsMaturity">August
2026</ix:nonNumeric></span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility bears interest at <span id="xdx_902_eifrs-full--BorrowingsInterestRateBasis_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zfFeifv6biL5"><ix:nonNumeric contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" name="ifrs-full:BorrowingsInterestRateBasis">LIBOR</ix:nonNumeric>
</span></span><span style="font-size: 10pt">plus <span id="xdx_908_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zbX5dc5uYKPc"><ix:nonFraction name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.75</ix:nonFraction></span></span><span style="font-size: 10pt">%
(or <span id="xdx_903_ecustom--BorrowingsDefaultInterestRate_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zlebmLjsk127"><ix:nonFraction name="glbs:BorrowingsDefaultInterestRate" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5.75</ix:nonFraction></span></span><span style="font-size: 10pt">%
default interest). Following any permanent or indefinite cessation of any tenor for LIBOR used for purposes of the CIT Loan (or earlier
based on market conditions as notified by CIT Bank), LIBOR shall be replaced with SOFR as the benchmark rate, subject to certain exceptions.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility may be prepaid. If the prepayment occurs on or before May 10, 2022, the prepayment fee is <span id="xdx_90C_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeMay2022Member_zAEVwE3VcNr8"><ix:nonFraction name="glbs:PercentageOfUpfrontFeeInLoanAgreement" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2022Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2</ix:nonFraction></span></span><span style="font-size: 10pt">%
of the amount prepaid, subject to certain exceptions. If the prepayment occurs on or before May 10, 2023 but after May 10, 2022, the
prepayment fee is <span id="xdx_907_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeMay2023ButAfterMay2022Member_zoJstkfy2vWg"><ix:nonFraction name="glbs:PercentageOfUpfrontFeeInLoanAgreement" contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">1</ix:nonFraction></span></span><span style="font-size: 10pt">%
of the amount prepaid, subject to certain exceptions. The Company cannot reborrow any amount of the CIT Loan that is prepaid or repaid.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility is secured by:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 18pt; text-align: justify; text-indent: 0cm"></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"></td><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">First
                                            preferred mortgage over 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. </span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"></td><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Guarantee
                                            from Globus Maritime Limited and joint liability of the six vessel owning companies (each
                                            of which is a borrower under the CIT Loan Facility).</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"></td><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Shares
                                            pledges respecting each borrower.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"></td><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Pledges
                                            of bank accounts, a pledge of each borrower&#8217;s rights under any interest rate hedging
                                            agreement in respect of the CIT Loan Facility, a general assignment over each ship's earnings,
                                            insurances and any requisition compensation in relation to that ship, and an assignment of
                                            the rights of Globus with respect to any indebtedness owed to it by the borrowers.</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">We are not
permitted, without the written consent of CIT, to enter into a charter the duration of which exceeds or is capable of exceeding, by virtue
of any optional extensions, 12 months.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility contains various covenants requiring the vessels owning companies and/or Globus Maritime Limited to, among other things,
ensure that:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</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 0 0 21.3pt; text-align: justify"></p>

<ix:exclude><!-- Field: Page; Sequence: 167 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"></p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: bold 10pt 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"><span style="font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">The borrowers, must maintain
    a minimum liquidity at all times of not less than $500 for each mortgaged ship.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"></p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">For the first 18 months
    of the utilization of the loan, a minimum loan to value ratio of 75% and thereafter 70%.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"></p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Each borrower must maintain
    in its earnings account $150 in respect of each ship then subject to a mortgage.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"></p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Globus Maritime Limited
    must maintain cash in an amount of not less than $150 for each ship that it owns that is not subject to a mortgage as part of the
    CIT Loan.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"></p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Globus Maritime Limited
    must have a maximum leverage ratio of 0.75:1.00.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"></p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">If Globus Maritime Limited
    pays a dividend, subject to certain exceptions, then the debt service coverage ratio (i.e., aggregate EBITDA of Globus Maritime Limited
    for any period to the debt service for such period) after such dividend and for the remain of the CIT Loan Facility shall be at least
    1.15:1.00.</span></td></tr>
  </table>

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


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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span id="xdx_904_ecustom--DebtSecuritiesCovenants_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z1hZp5WJZslj" style="font-size: 10pt"><ix:nonNumeric contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember" escape="true" name="glbs:DebtSecuritiesCovenants">Each
borrower must create a reserve fund in the reserve account to meet the anticipated dry docking and special survey fees and expenses for
the relevant ship owned by it and (for certain ships) the installation of ballast water treatment system on the ship owned by it by maintaining
in the reserve account a minimum credit balance that may not be withdrawn (other than for the purpose of covering the documented and
incurred costs and expenses for the next special survey of that ship). Amounts must be paid into this reserve account quarterly, such
that $1.2 million is set aside by each borrower for its ship&#8217;s special survey, except for Serena Maritime Limited, who is required
to set aside quarterly payments that aggregate to $900.</ix:nonNumeric></span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">No borrower
shall incur or permit to be outstanding any financial indebtedness except &#8220;Permitted Financial Indebtedness.&#8221;</span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#8220;Permitted
Financial Indebtedness&#8221; means:</span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(a) any
financial indebtedness incurred under the finance documents;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(b) the
indebtedness under the EnTrust loan, which has been repaid;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(c) any
financial indebtedness (including permitted inter-company loans) that is subordinated to all financial indebtedness incurred under the
finance documents pursuant to a subordination agreement or, in the case of any permitted inter-company loans pursuant to the CIT Loan
Facility or otherwise and which is, in the case of any such financial indebtedness of a borrower (other than financial indebtedness arising
out of any permitted inter-company loan), the subject of subordinated debt security; and</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(d) in relation
to a ship, any trade debt on arm's length commercial terms reasonably incurred in the ordinary course of owning, operating, trading,
chartering, maintaining and repairing that ship, which, (i) until 90 days from May 10, 2021 does not exceed $500 (or the equivalent in
any other currency) in aggregate in respect of that ship and remains unpaid; and (ii) on and from the date falling after 90 days from
May 10, 2021 is (x) up to $50 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid
for more than 90 days of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice,
the date on which that borrower becomes aware that the invoice is due and remains outstanding; and (y) is more than $50 and does not
exceed $500 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid for more than 30
days of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice, the date on which
that borrower becomes aware that the invoice is due and remains outstanding.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">Globus Maritime
Limited is prohibited from making dividends (other than up to $500 annually on or in respect of its preferred share) in cash or redeem
or repurchase its shares unless there is no event of default under the CIT Loan Facility, the net loan to value ratio is less than 60%
before the making of the dividend and Globus Maritime Limited is in compliance with the debt service coverage ratio, and Globus Maritime
Limited must prepay the CIT Loan Facility in an equal amount of the dividend.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility also prohibits certain changes of control, including, among other things, the delisting of Globus from the Nasdaq or another
internationally recognized stock exchange, or the acquisition by any person or group of persons (acting in concert) of a majority of
the shareholder voting rights or the ability to appoint a majority of board members or to give directions with respect to the operating
and financial policies of Globus Maritime Limited with which the directors are obliged to comply, other than those persons disclosed
to CIT Bank on or around the date of the CIT Loan Facility and their affiliates and immediate family members.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"><span style="font-size: 10pt">The
Company was in compliance with the covenants of the CIT Loan Facility as at December 31, 2021.</span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

<ix:exclude><!-- Field: Page; Sequence: 168 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></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 0 0 21.3pt; text-align: justify"></p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2021, were as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfLongTermDebtAnnualPrincipalPayments"><p id="xdx_893_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zyFA0PtuDsPc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Long-Term
Debt, net - Annual loan principal payments</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">December 31,</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">CIT Bank N.A.</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 89%; text-align: left"><span style="font-size: 10pt">2022</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zYWFc4vu6788" title="Loan Balance" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CiTMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="background-color: White; text-align: left"><span style="font-size: 10pt">2023</span></td><td style="background-color: White"><span style="font-size: 10pt">&#160;</span></td>
    <td title="Loan Balance" id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zml5EDhWREEe" style="background-color: White; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_CiTMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2024</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td title="Loan Balance" id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zADCER3sUdQl" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_CiTMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">2025</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zd0bw2irEs3" title="Loan Balance" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_CiTMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2026 and thereafter</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z3Vfy4PWFOVc" title="Loan Balance" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_ifrs-full_LaterThanFiveYearsMember_custom_CiTMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,750</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zJXsenQHf72c" title="Loan Balance" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_custom_CiTMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,750</ix:nonFraction></span></td></tr>
  </table>

<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; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2020, were as follows:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">December 31,</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">EnTrust</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 89%; text-align: left"><span style="font-size: 10pt">2021</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8mXKkbgJsBl" title="Loan Balance" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,970</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">2022</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFscFkAs9sa4" title="Loan Balance" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_custom_LaterThanTwoYearAndNotLaterThanThreeYearsMember_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,030</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2023 and thereafter&#160;&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z5PvstktrI7c" title="Loan Balance" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsMember_custom_EnTrustMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zn60yyhhzWbl" title="Loan Balance" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A3_zf9vfqt7XZt" style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><span style="font-size: 10pt">The weighted average
interest rate for the years ended December 31, 2021 and 2020, was <span id="xdx_90E_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zQq9JhJl1l84"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_ifrs-full_WeightedAverageMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5.69</ix:nonFraction>%
</span></span><span style="font-size: 10pt">and <span id="xdx_906_eifrs-full--BorrowingsInterestRate_iI_pip0_c20201231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zYtcnEuzkZF6"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2020-12-31_ifrs-full_WeightedAverageMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">9.44</ix:nonFraction>%</span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory"><p id="xdx_80D_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zSwzWZziB5s7" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">12.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_824_zlE8Ehypie0e">Share Based Payment</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Share-based
payments are quarterly restrictive shares issued to the Company&#8217;s Non-executive directors for their services and in accordance
with appointment letters.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">Share
based payment comprise the following:</span></p>

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

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

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfShareBasedPayment"><p id="xdx_890_ecustom--DisclosureOfShareBasedPayment_zlL6ehwzKwI1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -20pt; display: none; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;Share
Based Payment</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2021</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_z646aWwXrzid" title="Stock issued during the year (shares) - Share based compensation" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">12,178</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zjsvZJvh6O3d" title="Stock issued during the year (value) - Share based compensation" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Balance at
    December 31, 2021</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zUoXFyNWGCfg" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">12,178</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zc33R6C2OHkk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2020</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zSul0sy4Zu03" title="Stock issued during the year (shares) - Share based compensation" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,812</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAZleSNK8Yil" title="Stock issued during the year (value) - Share based compensation" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Balance
    at December 31, 2020</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zm3NuibzcUOl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,812</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zhXlBcruPZgk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2019</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zu0xPTbUmBsf" title="Stock issued during the year (shares) - Share based compensation" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">180</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zDFrQZBsgtyf" title="Stock issued during the year (value) - Share based compensation" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Balance
    at December 31, 2019</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zK767zaNt0P7" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">180</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z6bm8mFhBP4c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">40</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A7_zuxialTRYAk7" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt">&#160;</span></p>

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

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

<ix:exclude><!-- Field: Page; Sequence: 169 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></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>

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

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory"><p id="xdx_80D_eifrs-full--DisclosureOfOtherOperatingExpenseExplanatory_zSI1ScknWfIj" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>13.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_822_zvnK2UEfkZrf">Voyage Expenses and Vessel Operating Expenses</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">Voyage expenses
and vessel operating expenses in the consolidated statements of comprehensive income/(loss)&#8239;consisted of the following:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfVoyageExpenses"><p id="xdx_890_ecustom--DisclosureOfVoyageExpenses_zA3ymnv2I439" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Voyage
Expenses and Vessel Operating Expenses - Voyage expenses</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -40pt; text-align: left; text-indent: 0.5in"><span style="font-size: 10pt"><b>&#8239;&#8239;&#8239;Voyage
expenses consisted of:</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20210101__20211231_z8GEQ90CXoEj" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49B_20200101__20201231_zvbB8VQMq6Oc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20190101__20191231_zS3HKpJs1AR1" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40A_eifrs-full--FeeAndCommissionExpense_pn3n3_maSEzQU5_z0wrQyvTkdJk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Commissions</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FeeAndCommissionExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">626</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FeeAndCommissionExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">160</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FeeAndCommissionExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">224</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--FuelExpense_pn3n3_d0_maSEzQU5_zkS81mXKfBei" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Bunkers expenses</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FuelExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FuelExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,117</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FuelExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,634</ix:nonFraction></span></td></tr>
  <tr id="xdx_402_ecustom--OtherVoyageExpense_pn3n3_maSEzQU5_z55sHwX2QoO8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other voyage expenses</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OtherVoyageExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">502</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OtherVoyageExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">213</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OtherVoyageExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">240</ix:nonFraction></span></td></tr>
  <tr id="xdx_403_eifrs-full--ServicesExpense_iT_pn3n3_mtSEzQU5_zzDRUDwWAm94" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,128</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,490</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,098</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A7_zyyMegpDanu5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></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"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -20pt; text-align: justify"><span style="font-size: 10pt"><b>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Vessel
operating expenses consisted of:</b></span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfVesselOperatingExpenses"><p id="xdx_89A_ecustom--DisclosureOfVesselOperatingExpenses_zcN0I9XnoXmh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: left"><span id="xdx_8B2_zhNlqIpS416i" style="font-size: 10pt">Voyage
Expenses and Vessel Operating Expenses - Vessel operating expenses</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20210101__20211231_z4dJUt3qEeu5" style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20200101__20201231_zz2CpewluRrl" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_494_20190101__20191231_z5VCTBL7ox77" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_403_eifrs-full--WagesAndSalaries_pn3n3_maOCzIBf_z3iSQUbScYQ7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Crew wages and related
    costs</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7,570</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,865</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,670</ix:nonFraction></span></td></tr>
  <tr id="xdx_401_eifrs-full--InsuranceExpense_pn3n3_maOCzIBf_zUhuVrCZfuql" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Insurance</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InsuranceExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,067</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InsuranceExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">661</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InsuranceExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">664</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--RepairsAndMaintenanceExpense_pn3n3_maOCzIBf_zhoXEBLYLoYb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Spares, repairs and maintenance</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RepairsAndMaintenanceExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,414</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RepairsAndMaintenanceExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,574</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RepairsAndMaintenanceExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,884</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--RawMaterialsAndConsumablesUsed_pn3n3_maOCzIBf_zBMIG1BHPkwf" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RawMaterialsAndConsumablesUsed" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">555</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RawMaterialsAndConsumablesUsed" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">434</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RawMaterialsAndConsumablesUsed" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">517</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_ecustom--StoresExpense_pn3n3_maOCzIBf_z65yoIW6spz5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Stores</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:StoresExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,712</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:StoresExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">787</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:StoresExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">820</ix:nonFraction></span></td></tr>
  <tr id="xdx_40A_eifrs-full--MiscellaneousOtherOperatingExpense_pn3n3_maOCzIBf_zcMnZ5ilrrpk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:MiscellaneousOtherOperatingExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">490</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:MiscellaneousOtherOperatingExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">260</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:MiscellaneousOtherOperatingExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">327</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_ecustom--OperatingCosts_iT_pn3n3_mtOCzIBf_zO8n67fKAl82" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OperatingCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">13,808</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OperatingCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8,581</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:OperatingCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8,882</ix:nonFraction></span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;<b>&#160;</b></span></p>

</ix:nonNumeric><p id="xdx_8AA_zxQxBIiDwWDl" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></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"><span style="font-size: 10pt"><b>&#160;</b></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory"><p id="xdx_801_eifrs-full--DisclosureOfGeneralAndAdministrativeExpenseExplanatory_zqeH81GOGJD4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>14.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_829_zL2cvOqUIuAk">Administrative Expenses</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">The amount
shown in the consolidated statements of comprehensive income/(loss) is analysed as follows:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfAdministrativeExpenses"><p id="xdx_895_ecustom--DisclosureOfAdministrativeExpenses_zZ6A5CRmXn1g" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Administrative
Expenses</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20210101__20211231_zWvYZjC9F469" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_496_20200101__20201231_zf4FJgoE10Zh" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20190101__20191231_znthronkfGy" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40F_ecustom--PersonnelExpense_pn3n3_maAEzTMy_zo0tnFAuIe55" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Personnel expenses</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:PersonnelExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,455</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:PersonnelExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,013</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:PersonnelExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,006</ix:nonFraction></span></td></tr>
  <tr id="xdx_40D_eifrs-full--AuditorsRemuneration_pn3n3_maAEzTMy_zWcWhAzkAGza" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Audit fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AuditorsRemuneration" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">215</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AuditorsRemuneration" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">143</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AuditorsRemuneration" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">98</ix:nonFraction></span></td></tr>
  <tr id="xdx_403_ecustom--ConsultingFeesExpense_pn3n3_maAEzTMy_zHyjNKRSnfC1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Consulting fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">329</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">243</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:ConsultingFeesExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">191</ix:nonFraction></span></td></tr>
  <tr id="xdx_40E_eifrs-full--CommunicationExpense_pn3n3_maAEzTMy_zetg10N48ZM2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Communication</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CommunicationExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">16</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CommunicationExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CommunicationExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7</ix:nonFraction></span></td></tr>
  <tr id="xdx_409_ecustom--StationeryExpense_pn3n3_maAEzTMy_z5ScGIc2wSYb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Stationery</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:StationeryExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:StationeryExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:StationeryExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2</ix:nonFraction></span></td></tr>
  <tr id="xdx_40B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_maAEzTMy_zufB5bvvcSX8" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Greek tax authorities (note 19)</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">185</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">116</ix:nonFraction></span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherExpenseByNature_pn3n3_maAEzTMy_zYnbSTPhkmt7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherExpenseByNature" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">404</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherExpenseByNature" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">347</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherExpenseByNature" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">163</ix:nonFraction></span></td></tr>
  <tr id="xdx_401_eifrs-full--AdministrativeExpense_iT_pn3n3_mtAEzTMy_zl6whIxzMao3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,610</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,891</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,583</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A2_zs1ldvGn3EP" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfInterestExpenseExplanatory"><p id="xdx_802_eifrs-full--DisclosureOfInterestExpenseExplanatory_zmPFJdellTh4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>15.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_82B_zR315FlCCu6e">Interest Expense and Finance Costs</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"><span style="font-size: 10pt">The
amounts in the consolidated statements of comprehensive income/(loss) are analysed as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory"><p id="xdx_897_ecustom--DisclosureOfInterestExpenseAndFinanceCostsExplanatory_z8VapICuIbT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Interest
Expense and Finance Costs</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20210101__20211231_zj8ZL3G63t8" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20200101__20201231_zFBXb3otA0vb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_496_20190101__20191231_zEUyxpsZyvl2" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40A_eifrs-full--InterestExpense_pn3n3_zkACRTG1oNHl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Interest payable on
    long-term borrowings</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,958</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,721</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,603</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--BankAndSimilarCharges_pn3n3_zj5iYFTm1udj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Bank charges</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:BankAndSimilarCharges" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">59</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:BankAndSimilarCharges" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">69</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:BankAndSimilarCharges" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">28</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_ecustom--AmortizationOfDebtDiscount_pn3n3_zowwCtgB1NW4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Amortization of debt discount</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:AmortizationOfDebtDiscount" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">547</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:AmortizationOfDebtDiscount" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">293</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:AmortizationOfDebtDiscount" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">383</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_z5vI98INjiTl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Operating lease liability interest</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">52</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">44</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">51</ix:nonFraction></span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherFinanceCost_pn3n3_zy4zHjgyxRKk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other finance
    expenses</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherFinanceCost" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">646</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherFinanceCost" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">28</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:OtherFinanceCost" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">638</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--FinanceCosts_iT_pn3n3_zU8cIBZTTF54" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,262</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,155</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,703</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8AA_zf4nvCedv6l3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b>&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Other finance
expenses for 2021 include approximately $<span id="xdx_904_eifrs-full--OtherFinanceCost_pdn6_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFomfkQclz1l"><ix:nonFraction name="ifrs-full:OtherFinanceCost" contextRef="From2021-01-012021-12-31_custom_EnTrustMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">0.6</ix:nonFraction>
</span></span><span style="font-size: 10pt">million that were the loan prepayment fee and expenses relating to the prepayment of EnTrust
loan facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

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

<ix:exclude><!-- Field: Page; Sequence: 170 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<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>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfDividendsExplanatory"><p id="xdx_809_eifrs-full--DisclosureOfDividendsExplanatory_zXzPDn0UeoFg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>16.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_823_zIDyAxlTDPl3">Dividends</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal"><span id="xdx_90F_eifrs-full--DividendsPaidClassifiedAsFinancingActivities_do_c20190101__20191231_zV2op7ozqdk4"><ix:nonFraction name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt-sec:numwordsen" decimals="0" unitRef="USD">No</ix:nonFraction></span>
</span><span style="font-size: 10pt; font-weight: normal">dividends were declared or paid on common shares during the years ended December
31, 2021, 2020 and 2019.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfContingentLiabilitiesExplanatory"><p id="xdx_803_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zro3DdHIN2O" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">17.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82F_zPd1dI7ZgL44">Contingencies</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b><i>&#160;</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfCommitmentsExplanatory"><p id="xdx_801_eifrs-full--DisclosureOfCommitmentsExplanatory_zMvJ4E6zZQaf" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">18.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82D_zXUaAUdiFYe2">Commitments</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Company
enters into time charter arrangements on its vessels. As at December 31, 2021, the non-cancellable arrangements had remaining terms between
nil days to two and a half months, assuming redelivery at the earliest possible date. As at 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 at December 31, 2021 and 2021, were as follows (vessel off-hires and dry-docking
days that could occur but are not currently known are not taken into consideration and early delivery of the vessels by the charterers
is not accounted for):</span></p>

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

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory"><p id="xdx_894_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zMOlQ4vkMEm5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b style="display: none">&#160;Commitments
- Future minimum lease revenues receivable under non-cancellable operating leases</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 11pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 80%; text-align: left; padding-bottom: 1pt; text-indent: -9.45pt; padding-left: 9.45pt"><span style="font-size: 10pt">Within
    one year</span></td>
    <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zlf9pCCe9e0j" title="Within one year" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="AsOf2021-12-31_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,082</ix:nonFraction></span></td>
    <td id="xdx_98C_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zm3HceYFQRjl" title="Within one year" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,078</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; text-indent: 0cm"><span style="font-size: 10pt">Total</span></td>
    <td id="xdx_988_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231_z5t3YUpTu5ng" title="Total" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,082</ix:nonFraction></span></td>
    <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_ziXBB5r96v5i" title="Total" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,078</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A7_zc8Ph2JiqyEk" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">At
December 31, 2021, 2020 and 2019, the Company was a party to a lease agreement as lessee (note 4). 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 leased by Cyberonica S.A. (an
affiliate of Globus&#8217;s chairman) at a monthly rate of Euro <span id="xdx_90E_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zN4joWNT4GDf"><ix:nonFraction name="glbs:MonthlyRentalExpense" contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="Euro">26,000</ix:nonFraction>
</span></span><span style="font-size: 10pt">(absolute amount) with a lease period ending <span id="xdx_90C_ecustom--LeaseExpirationDate_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zDy0cRodZ8l5"><ix:nonNumeric contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember" format="ixt:datemonthdayyearen" name="glbs:LeaseExpirationDate">August
4, 2024</ix:nonNumeric></span></span><span style="font-size: 10pt">. The previous rental agreement was terminated.</span></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 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
depreciation charge for right-of-use assets for the years ended December 31, 2021 and 2020, was approximately $<span id="xdx_900_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zHalcpq6GIjb"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">206</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_902_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_z4LUz74dM6T5"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">112</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively, and recognised under depreciation in the income statement component of the consolidated statements of comprehensive income/(loss).
The interest expense on lease liability for the years ended December 31, 2021 and 2020, was approximately $<span id="xdx_901_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zkYTOnuc5S3"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">52</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_905_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_z1SnvVfJxKc4"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">44</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively, and recognised under interest expense and finance costs in the income statement component of the consolidated statements
of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">At
December 31, 2021 and 2020, the current lease liability amounted to $<span id="xdx_905_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20211231_zcXaQtr2SxV1"><ix:nonFraction name="ifrs-full:CurrentLeaseLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">349</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_902_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20201231_zolKjBROZrcf"><ix:nonFraction name="ifrs-full:CurrentLeaseLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">195</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively. The non-current lease liability amounted to $<span id="xdx_90E_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20211231_zpg8IwNIXh1j"><ix:nonFraction name="ifrs-full:NoncurrentLeaseLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">556</ix:nonFraction>
</span></span><span style="font-size: 10pt">and $<span id="xdx_90A_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20201231_zwxOwfL9JlP1"><ix:nonFraction name="ifrs-full:NoncurrentLeaseLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">367</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively. As at December 31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $<span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zQQFoXi1J1mc"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">888</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_90B_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zToW3e7mzKIg"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">450</ix:nonFraction></span></span> <span style="font-size: 10pt">and $<span id="xdx_908_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zwxslGs1ERZ7"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">562</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively. These are included in the accompanying consolidated statements of financial position. The total cash outflows for leases for the years ended December 31, 2021, 2020 and 2019, were approximately $<span id="xdx_906_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zQjkL1vW8aIf" title="Payment of lease liability - principal and Interest Paid"><ix:nonFraction name="glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">314</ix:nonFraction></span>,
$<span id="xdx_90F_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zycpKIn2gEee"><ix:nonFraction name="glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">229</ix:nonFraction></span> and $<span id="xdx_904_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20190101__20191231_zBVfEOLYcPX6"><ix:nonFraction name="glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">47</ix:nonFraction></span>, respectively, and were recognised in the consolidated statement of cash flows under the Payment of lease liability &#8211;
principal and Interest Paid.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<ix:exclude><!-- Field: Page; Sequence: 171 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfIncomeTaxExplanatory"><p id="xdx_809_eifrs-full--DisclosureOfIncomeTaxExplanatory_zpdpVQ9yPOJf" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>19.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_829_zYrfNdB1Iwm5">Income Tax</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Under
the laws of the countries of the vessel owning companies&#8217; incorporation and / or vessels&#8217; registration, vessel owning companies
are not subject to tax on international shipping income; however, they are subject to registration and tonnage taxes, which are included
in vessel operating expenses in the accompanying consolidated statements of loss.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -14.15pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><b><i>Greek
Authorities Tax</i></b></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
January 2013, the tax Law 4110/2013 amended the provisions of art. 26 of Law 27/1975 by imposing a fixed annual tonnage tax on vessels
flying a foreign (i.e., non-Greek) flag which are managed by a Law 89/67 company, establishing an identical tonnage tax regime as the
one already in force for vessels flying the Greek flag. This tax varies depending on the size of the vessel, calculated in gross registered
tonnage, as well as on the age of each vessel. Payment of this tonnage tax satisfies all income tax obligations of both the ship-owning
company and of all its shareholders up to the ultimate beneficial owners. Any tax payable to the state of the flag of each vessel as
a result of its registration with a foreign flag registry (including the Marshall Islands) is subtracted from the amount of tonnage tax
due to the Greek tax authorities. As at December 31, 2021, 2020 and 2019, the tax expense under the law amounted to $<span id="xdx_902_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20210101__20211231_zhQPWIaiEgl1"><ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">185</ix:nonFraction></span></span><span style="font-size: 10pt">,
$<span id="xdx_906_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20200101__20201231_zZ8P6Tr6muuh"><ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></span> <span style="font-size: 10pt">and
$<span id="xdx_903_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20190101__20191231_zHBk98IYzR2c"><ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">116</ix:nonFraction></span></span><span style="font-size: 10pt">,
respectively and is included in administrative expenses in the consolidated statements of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b><i>&#160;</i></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b><i>&#160;</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b><i>U.S.
Federal Income Tax</i></b></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Globus is a
foreign corporation with wholly owned subsidiaries that are foreign corporations, which derive income from the international operation
of a ship or ships that may earn United States (&#8220;U.S&#8221;) source shipping income for U.S. federal income tax purposes.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Globus believes
that under &#167; 883 of the Internal Revenue Code, it&#8217;s income and the income of its ship-owning subsidiaries, to the extent derived
from the international operation of a ship or ships, were exempt from U.S. federal income tax in 2021.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
is a summary, discussing the application of the U.S. federal income tax laws to the Company relating to income derived from the international
operation of a ship or ships. The discussion and its conclusion are based upon existing U.S. federal income tax law, including the Internal
Revenue Code (the &#8220;Code&#8221;) and final U.S. Treasury Regulations (the &#8220;Regs&#8221;) as currently in effect, all of which
are subject to change, possibly with retroactive effect.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In general,
under &#167; 883, certain non-U.S. corporations are not subject to U.S. federal income tax on their U.S. source income derived from the
international operation of a ship or ships (&#8220;gross transportation income&#8221;). Absent &#167; 883 or a tax treaty exemption,
such income generally would be subject to a 4% gross basis tax, or in certain cases, to a net income tax plus a 30% branch profits tax.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For this purpose,
U.S. source gross transportation income includes 50% of the shipping income that is attributable to transportation that begins or ends
(but that does not both begin and end) in the United States.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Shipping income
attributable to transportation exclusively between non-U.S. ports is generally not subject to any U.S. Federal income tax. &#8220;Shipping
income&#8221; generally means income that is derived from:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(a) the use
of vessels;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(b) the hiring
or leasing of vessels for use on a time, operating or bareboat charter basis;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(c) the participation
in a pool, partnership, strategic alliance, joint operating agreement or other joint venture it directly or indirectly owns or participates
in that generates such income; or</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(d) the performance
of services directly related to those uses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Regs provide
that a foreign corporation will qualify for the benefits of &#167; 883 if, in relevant part, the foreign country in which the foreign
corporation is organized grants an equivalent exemption to corporations organized in the U.S. and the foreign corporation meets either
the qualified shareholder test or the publicly traded test described below.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"></p>

<ix:exclude><!-- Field: Page; Sequence: 172 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></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 0 0 1cm; text-align: justify"></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>19.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Income
Tax (continued)</b></span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><i>&#160;</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><i>Qualified
Shareholder Test</i></span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">A foreign corporation
having more than 50 percent of the value of its outstanding shares owned, directly or indirectly by application of specific attribution
rules, for at least half of the number of days in the foreign corporation's taxable year by one or more qualified shareholders will meet
the qualified shareholder test. In part, an individual who is a shareholder will be considered a qualified shareholder if he or she is
a resident of a qualified foreign country (which means for this purpose that he or she is fully liable to tax in such country, and maintains
a tax home in such country for 183 days or more in the taxable year, or certain other rules apply) and does not own his or her interest
in the foreign corporation through bearer shares (except for bearer shares held in a dematerialized or immobilized book entry system),
either directly or indirectly by application of the attribution rules. In addition, in order to meet the qualified shareholder test,
a foreign corporation will need to obtain certifications from its qualified shareholders (including from intermediary entities) substantiating
their stock ownership.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><i>Publicly
Traded Test</i></span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Publicly
Traded Test requires that one or more classes of equity representing more than 50% of the voting power and value in a non-United States
corporation be &#8220;primarily and regularly traded&#8221; on an established securities market either in the United States or in a foreign
country that grants an equivalent exemption. Among others, &#167; 883 provides, in relevant part, that the shares of a non-United States
corporation will be considered to be &#8220;primarily traded&#8221; on an established securities market in a country if the number of
shares of each class of shares that are traded during any taxable year on all established securities markets in that country exceeds
the number of shares in each such class that are traded during that year on established securities markets in any other single country.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Notwithstanding
the foregoing, &#167; 883 provides, in relevant part, that a class of shares will not be considered to be &#8220;regularly traded&#8221;
on an established securities market for any taxable year in which 50% or more of the vote and value of the outstanding shares of such
class are owned, actually or constructively under specified share attribution rules, on more than half the days during the taxable year
by persons who each own 5% or more of the vote and value of such class of outstanding shares which is referred as the 5 Percent Override
Rule.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In the event
that the 5 Percent Override Rule is triggered, &#167; 883 provides that such rule will not apply if the Company can establish that within
the group of 5% shareholders, there are sufficient qualified shareholders within the meaning of &#167; 883 to preclude non-qualified
shareholders in such group from owning 50% or more of the total value of the Company&#8217;s common shares for more than half the number
of days during the taxable year.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the years
ended December 31, 2021 and 2019, Globus and its wholly owned subsidiaries deriving income from the operation of international ships
were organized in foreign countries that grant equivalent exemptions to corporations organized in the U.S. Globus&#8217;s common shares,
representing more than 50% of the voting power and value in Globus, were primarily and regularly traded on the Nasdaq Capital Market,
which is an established securities market. Although Globus&#8217;s ship-owning and operating subsidiaries were not publicly traded, they
should have qualified for the qualified shareholder test by virtue of their ownership by Globus. Accordingly, all of Globus&#8217; and
its ship-owning or operating subsidiaries that relied on &#167; 883 for exempting U.S. source income from the international operation
of ships should not have been subject to U.S. federal income tax for the years ended December 31, 2021 and 2019. It was not clear whether
Globus was able to rely on the &#167; 883 exemption for the year ended December, 2020. Nevertheless, because Globus and its subsidiaries
earned no U.S. source gross transportation income (because none of Globus&#8217;s vessels made a voyage to or from the United States
in 2020) neither the U.S. 4% gross basis tax nor the net income tax should be owed for 2020.</span></p>
<p style="font: 10pt 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; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Under the laws
of the Republic of Malta, the country of incorporation of one of the Company&#8217;s vessel-owning company&#8217;s, this vessel-owning
company is not liable for any income tax on its income derived from shipping operations. The Republic of Malta is a country that has
an income tax treaty with the United States. Accordingly, income earned by vessel-owning companies organized under the laws of the Republic
of Malta may qualify for a treaty-based exemption. Specifically, under Article 8 (Shipping and Air Transport) of the treaty sets out
the relevant rule to the effect that profits of an enterprise of a Contracting State from the operation of ships in international traffic
shall be taxable only in that State.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

<ix:exclude><!-- Field: Page; Sequence: 173 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></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; text-align: justify">&#160;</p>

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

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfFinancialRiskManagementExplanatory"><p id="xdx_80C_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_zDn1iWIHzi11" style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>20.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_825_zgTzBCIV4XUe">Financial risk management objectives and policies</span></b></span></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company&#8217;s financial liabilities are long-term borrowings, trade and other payables and the financial derivative instrument.
The main purpose of these financial liabilities is to assist the Company in the financing of its operations and the acquisition of
vessels. The Company has various financial assets such as trade accounts receivable, financial derivative instrument and cash and
short-term deposits including restricted cash, which arise directly from its operations. The main risks arising from the
Company&#8217;s financial instruments are cash flow interest rate risk, credit risk, liquidity risk and foreign currency
risk.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Interest
rate risk</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Interest
rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market
interest rates. The Company&#8217;s exposure to the risk of changes in market interest rates relates primarily to the Company&#8217;s
long-term debt obligations with floating interest rates. As at December 31, 2021 and 2020, the Company had no long-term borrowings at
a fixed interest rate.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Interest
rate risk table</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
following table demonstrates the sensitivity to a reasonably possible change in interest rates, with all other variables held constant,
of the Company&#8217;s loss.</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfInterestRateRiskExplanatory"><p id="xdx_896_ecustom--DisclosureOfInterestRateRiskExplanatory_zqa73q0eBnOe" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Interest rate risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Increase/(Decrease)
    in basis points</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Effect on income
    / (loss)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">2021</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 79%; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>$ Libor</b></span></td>
    <td id="xdx_98A_ecustom--IncreaseInInterestRates_pip0_uPure_c20210101__20211231_z5i0AIXPeSt5" title="Increase in Libor" style="width: 10%; text-align: right"><span style="font-size: 10pt">+<ix:nonFraction name="glbs:IncreaseInInterestRates" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">15</ix:nonFraction></span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231_zmYwoxjhFYva" title="Effect on loss (Increase in Libor)" style="width: 10%; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">52</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseInInterestRates_pip0_uPure_c20210101__20211231_z0cCBGkxvcl" title="Decrease in Libor" style="text-align: right"><span style="font-size: 10pt">-<ix:nonFraction name="glbs:DecreaseInInterestRates" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" sign="-" unitRef="Pure">20</ix:nonFraction></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231_z1O8qn37lUoj" title="Effect on loss (Decrease in Libor)" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">69</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">2020</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>$ Libor</b></span></td>
    <td id="xdx_988_ecustom--IncreaseInInterestRates_pip0_uPure_c20200101__20201231_z9hDOFBOY4yc" title="Increase in Libor" style="text-align: right"><span style="font-size: 10pt">+<ix:nonFraction name="glbs:IncreaseInInterestRates" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">15</ix:nonFraction></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231_zHu3yNDB0N7d" title="Effect on loss (Increase in Libor)" style="text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">57</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseInInterestRates_pip0_uPure_c20200101__20201231_zN1lTd1Wl3wk" title="Decrease in Libor" style="text-align: right"><span style="font-size: 10pt">-<ix:nonFraction name="glbs:DecreaseInInterestRates" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" sign="-" unitRef="Pure">20</ix:nonFraction></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231_zk6PGrNBRjo2" title="Effect on loss (Decrease in Libor)" style="padding-left: -20pt; text-align: right; padding-right: -20pt"><span style="font-size: 10pt"><ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">75</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8AE_zWkh8nppSdQh" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b>Foreign
currency risk</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
table demonstrates the sensitivity to a reasonably possible change in the Euro exchange rate, with all other variables held constant,
to the Company&#8217;s loss due to changes in the fair value of monetary assets and liabilities. The Company&#8217;s exposure to foreign
currency changes for all other currencies as at December 31, 2021 and 2020, was not material.</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfForeignCurrencyRiskExplanatory"><p id="xdx_898_ecustom--DisclosureOfForeignCurrencyRiskExplanatory_zegIXqGn8J95" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Financial
risk management objectives and policies - Foreign currency risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Change
    in rate</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Effect
    on income / (loss) </b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 79%; font-size: 9pt; font-weight: bold; text-align: left"><span style="font-size: 10pt">2021</span></td>
    <td id="xdx_98C_ecustom--IncreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zaxRhFosYLLl" title="Increase in Euro exchange rate" style="width: 10%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">+<ix:nonFraction name="glbs:IncreaseInExchangeRates" contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction>%</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zVzQRIHJIGTe" title="Effect on loss (Increase in Euro exchange rate)" style="width: 10%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">478</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--DecreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_z00sA82o7G1i" title="Decrease in Euro exchange rate" style="font-size: 9pt; text-align: right"><span style="font-size: 10pt">-<ix:nonFraction name="glbs:DecreaseInExchangeRates" contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">10</ix:nonFraction>%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zQajeFqHGLPf" title="Effect on loss (Decrease in Euro exchange rate)" style="font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">478</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left"><span style="font-size: 10pt">2020</span></td>
    <td id="xdx_98D_ecustom--IncreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zac7P3VpNYS8" title="Increase in Euro exchange rate" style="font-size: 9pt; text-align: right"><span style="font-size: 10pt">+<ix:nonFraction name="glbs:IncreaseInExchangeRates" contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction>%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXFZaqAIs0Ta" title="Effect on loss (Increase in Euro exchange rate)" style="font-size: 9pt; text-align: right"><span style="font-size: 10pt">(<ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">258</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--DecreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXGDzbE1s0N1" title="Decrease in Euro exchange rate" style="font-size: 9pt; text-align: right"><span style="font-size: 10pt">-<ix:nonFraction name="glbs:DecreaseInExchangeRates" contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">10</ix:nonFraction>%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zoF0yighBp8i" title="Effect on loss (Decrease in Euro exchange rate)" style="font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">258</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A0_zk40rdhyNoS9" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b>Credit
risk</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company operates only with recognised, creditworthy third parties including major charterers, commodity traders and government owned
entities. Receivable balances are monitored on an ongoing basis with the result that the Company&#8217;s exposure to impairment on trade
accounts receivable is not significant. The maximum exposure is the carrying value of trade accounts receivable as indicated in the consolidated
statement of financial position. With respect to the credit risk arising from other financial assets of the Company such as cash and
cash equivalents, the Company&#8217;s exposure to credit risk arises from default of the counter parties, which are recognised financial
institutions. The Company performs annual evaluations of the relative credit standing of these counter parties. The exposure of these
financial instruments is equal to their carrying amount as indicated in the consolidated statement of financial position.</span></p>

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

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

<ix:exclude><!-- Field: Page; Sequence: 174 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></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"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>20.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Financial
risk management objectives and policies (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>Concentration
of credit risk table:</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
following table provides information with respect to charterers who individually, accounted for approximately more than 10% of the Company&#8217;s
revenue for the years ended December 31, 2021, 2020 and 2019:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfConcentrationOfCreditRiskExplanatory"><p id="xdx_893_ecustom--DisclosureOfConcentrationOfCreditRiskExplanatory_zHwZ7NkmTlHi" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Concentration of credit risk table</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 34%; text-align: left"><span style="font-size: 10pt">A</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zx4dcyQsNAOg" title="Revenue" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2021-01-012021-12-31_custom_MajorChartererMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7,726</ix:nonFraction></span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zW0sVq1Lm985" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2021-01-012021-12-31_custom_MajorChartererMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">18</ix:nonFraction>%</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zt3CmYlvNHb5" title="Revenue" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2020-01-012020-12-31_custom_MajorChartererMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zimPYcHNIJP4" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2020-01-012020-12-31_custom_MajorChartererMember" format="ixt:zerodash" decimals="INF" scale="0" unitRef="Pure">&#8212;</ix:nonFraction></span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_z6zsYwpWnoQb" title="Revenue" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2019-01-012019-12-31_custom_MajorChartererMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zDqHECDDX7o2" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2019-01-012019-12-31_custom_MajorChartererMember" format="ixt:zerodash" decimals="INF" scale="0" unitRef="Pure">&#8212;</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">B</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zAFhA8nn8IF2" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2021-01-012021-12-31_custom_MajorChartererBMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,571</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zeCPc1CV9HDl" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2021-01-012021-12-31_custom_MajorChartererBMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">11</ix:nonFraction>%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zdV65IzvxRik" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2020-01-012020-12-31_custom_MajorChartererBMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zexQrDmehJrc" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2020-01-012020-12-31_custom_MajorChartererBMember" format="ixt:zerodash" decimals="INF" scale="0" unitRef="Pure">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_z6zQW1k8S5t2" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2019-01-012019-12-31_custom_MajorChartererBMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zogTyWKsHMzj" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2019-01-012019-12-31_custom_MajorChartererBMember" format="ixt:zerodash" decimals="INF" scale="0" unitRef="Pure">&#8212;</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">C</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zsByZZcCUl4c" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2021-01-012021-12-31_custom_MajorChartererCMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zRoOtfNX5cW7" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2021-01-012021-12-31_custom_MajorChartererCMember" format="ixt:zerodash" decimals="INF" scale="0" unitRef="Pure">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z6WKQdVxAIph" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2020-01-012020-12-31_custom_MajorChartererCMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">751</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zGsp0xkuHCPa" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2020-01-012020-12-31_custom_MajorChartererCMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6</ix:nonFraction>%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zJOy1RdKs2Ac" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2019-01-012019-12-31_custom_MajorChartererCMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,476</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zgbVhWM5nKL9" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2019-01-012019-12-31_custom_MajorChartererCMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">22</ix:nonFraction>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">Other </span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zAKES7QpnCBe" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2021-01-012021-12-31_custom_OtherMajorCharterersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">30,914</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zRZZljG5fbWf" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2021-01-012021-12-31_custom_OtherMajorCharterersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">71</ix:nonFraction>%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zlaaTW81Qkr9" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2020-01-012020-12-31_custom_OtherMajorCharterersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,002</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zEUEr77XY087" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2020-01-012020-12-31_custom_OtherMajorCharterersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">94</ix:nonFraction>%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zitz4NEMTu29" title="Revenue" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2019-01-012019-12-31_custom_OtherMajorCharterersMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12,147</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zJojcnIwHvq9" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2019-01-012019-12-31_custom_OtherMajorCharterersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">78</ix:nonFraction>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231_zVe7ZXkyzSx3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,211</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231_zuDwqEuReE55" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2021-01-01to2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100</ix:nonFraction>%</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231_zBMtFhaO8X2c" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,753</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231_zoT5RZ5CFjY" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100</ix:nonFraction>%</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231_zp3kS1f57Poj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,623</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231_z0Q0xpCutCe3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:PercentageOfEntitysRevenue" contextRef="From2019-01-012019-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100</ix:nonFraction>%</span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8AE_zN5evBGA5MQh" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b>Liquidity
risk&#9;</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company mitigates liquidity risk by managing cash generated by its operations, applying cash collection targets appropriately. The vessels
are normally chartered under time-charter, bareboat and spot agreements where, as per the industry practice, the charterer pays for the
transportation service 15 days in advance, supporting the management of cash generation. Vessel acquisitions are carefully controlled,
with authorisation limits operating up to board level and cash payback periods applied as part of the investment appraisal process. In
this way, the Company maintains a good credit rating to facilitate fund raising. In its funding strategy, the Company&#8217;s objective
is to maintain a balance between continuity of funding and flexibility through the use of bank loans. Excess cash used in managing liquidity
is only invested in financial instruments exposed to insignificant risk of changes in market value or are being placed on interest bearing
deposits with maturities fixed usually for no more than 3 months. The Company monitors its risk relating to the shortage of funds by
considering the maturity of its financial liabilities and its projected cash flows from operations.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
table below summarises the maturity profile of the Company&#8217;s financial liabilities (including interest) at December 31, 2021 and
2020 based on contractual undiscounted cash flows.</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DescriptionOfManagingLiquidityRisk"><p id="xdx_899_eifrs-full--DescriptionOfManagingLiquidityRisk_zBkdxIdZilcl" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Liquidity risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year ended December
    31, 2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Less than 3 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">3 to 12 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">1 to 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">More than 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Long-term debt</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_ziwP8LzBFqai" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,566</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z54715QxRQl5" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,614</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z6GT5TRMeAcg" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,325</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zrVCUL97a9K8" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231_zX8UzOFc06ua" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">35,505</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lease liabilities</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z2g12tiQR0Ad" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">92</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zjHbdLXTJSB6" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">275</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zlJ8IrfoOF43" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">585</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_znpr6NaGI5N8" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231_z5dzb3zuwO7h" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">952</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Accrued liabilities and other
    payables</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z9UQF63adAJ" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,676</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zCu66SfxDuqf" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_znTommE9pQZb" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zzdRSwMxB5eb" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231_zfv2PwV7m1Xd" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,676</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Trade accounts
    payables</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z7KktP5J4tPg" title="Trade accounts payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,100</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zL7qCsFhpai1" title="Trade accounts payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zN0mqO387S9f" title="Trade accounts payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zz8Hce5f2qF8" title="Trade accounts payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zm69cItNLiz8" title="Trade accounts payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,100</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Current
    portion of fair value of derivative financial instruments</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zwdgznxEJOXj" title="Current portion of fair value of derivative financial instruments" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">23</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_ztx3iUwe7kAd" title="Current portion of fair value of derivative financial instruments" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">69</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBMVGi24dhBb" title="Current portion of fair value of derivative financial instruments" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z8p9eo8dHcw3" title="Current portion of fair value of derivative financial instruments" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231_zfwQTjPF1Zy7" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">92</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zaDVVqRVQDZg" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,457</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zi7PkGLj3eHj" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,958</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zxW82sFjGfIl" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,910</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmpPIM4KABv" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231_zbaFJy92wPZ5" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">41,325</ix:nonFraction></span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>



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

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year ended December
    31, 2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Less than 3 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">3 to 12 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">1 to 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">More than 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Long-term debt</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zKYGDoCjVscc" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,302</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z6dT8dBibhUb" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,752</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zd5dIdeGNiv" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">32,362</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmPmrWrtNJni" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231_zoyYZNxuAs06" title="Long-term debt" style="width: 10%; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentFinancialLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">41,416</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lease liabilities</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zQF4bes5cHF4" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">106</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zLhl1KCgejV3" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">106</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zpR3Etx8zDx" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">426</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zyXmjznoujnk" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231_zsrzyruLnRAa" title="Lease liabilities" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">638</ix:nonFraction></span></td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Accrued liabilities and other
    payables</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zJOnkT0UeGsj" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,159</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zTYt26qaPZdb" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zGttfsXJyjqa" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z7Ax19qeGGsc" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231_zjULDstWRWz3" title="Accrued liabilities and other payables" style="text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,159</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Trade accounts
    payables</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zgRwxCS1WWn5" title="Trade accounts payables" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,758</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zWSN5HliIci6" title="Trade accounts payables" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z7hZoqlApcK4" title="Trade accounts payables" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zO7lIVGDDgP2" title="Trade accounts payables" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zeWpzEvripYc" title="Trade accounts payables" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,758</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zBGPjjf3ocf9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">9,325</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zbAJH9MY23f9" title="Total" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,858</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBQWnQKWDfTd" title="Total" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">32,788</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zvrG4X8oPXoi" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231_zyKjkoAIO0Yf" title="Total" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">48,971</ix:nonFraction></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A7_zRV70cyziYPl" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Capital
management</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 96.4pt; text-align: justify; text-indent: -60.4pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
primary objective of the Company&#8217;s capital management is to ensure that it maintains a strong credit rating and healthy capital
ratios in order to support its business and maximise shareholder value. The Company manages its capital structure and makes adjustments
to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Company may adjust the dividend payment
to shareholders, return capital to shareholders or issue new shares as well as managing the outstanding level of debt. Lenders may impose
capital structure or solvency ratios (refer to note 11). No changes were made in the objectives, policies or processes during the years
ended December 31, 2021 and 2020.</span></p>

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

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

<ix:exclude><!-- Field: Page; Sequence: 175 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></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; text-indent: 0cm"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfFairValueMeasurementExplanatory"><p id="xdx_806_eifrs-full--DisclosureOfFairValueMeasurementExplanatory_zFmVGgYEIynk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><span style="font-size: 10pt"><b>21.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_82F_zQlh4g0xuMmc">Fair values</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Carrying
amounts and fair values</b>&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
following table shows the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the
fair value hierarchy (as defined in note 2.27). 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 and trade payables.</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfFairValuesExplanatory"><p id="xdx_89C_ecustom--DisclosureOfFairValuesExplanatory_z3y2wIbfH2Ll" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Fair
values measurement</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right">Carrying <b>amount</b></td><td style="font-size: 9pt; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font-size: 10pt">Fair value</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid"><span style="font: 10pt Times New Roman, Times, Serif"><b>December&#160;31,
    2021</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b></b></span> <span style="font-size: 10pt">&#160;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    1</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    2</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    3</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial assets</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    assets measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Derivative
    financial instruments</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zW5p9VNXYie6" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="AsOf2021-12-31_custom_FinancialAssetsAtFairValueIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">417</ix:nonFraction></span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zzvpC64e0Oyl" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember_custom_LevelIIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">417</ix:nonFraction></span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_ziOPOoneWYc9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">417</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zMnWHig4Ivif" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2021-12-31_custom_FinancialAssetsAtFairValueIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">417</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial
    liabilities</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Derivative
    financial instruments</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zDIlwAXbvVye" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31_custom_FinancialLiabilitiesAtFairValueIIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">92</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zHKvJxo9CY86" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember_custom_LevelIIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">92</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zfNJvcMfVgjl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">92</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zr9Ec3EAVrOh" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2021-12-31_custom_FinancialLiabilitiesAtFairValueIIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">92</ix:nonFraction></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities not measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Long-term
    borrowings</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z0GlZaG3AMLl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,750</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zn9ZD7XOHkmg" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">32,155</ix:nonFraction></span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zQgP251orHK5" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">32,155</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zL00q5HNam85" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,750</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-style: italic"><span style="font-size: 10pt"></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right">Carrying <b>amount</b><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 9pt; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font-size: 10pt">Fair value</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid"><span style="font: 10pt Times New Roman, Times, Serif"><b>December&#160;31,
    2020</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    1</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    2</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    3</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial liabilities</b></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities not measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Long-term
    borrowings</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zUqwIwxtvjT1" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction></span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zmGgj7xsE7qc" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,961</ix:nonFraction></span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zCEahDSeHIs9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,961</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z9FBu1gmhv2" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A5_zU5uf4gnPnr6" style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Measurement
of fair values</b></span></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Valuation
techniques and significant unobservable inputs</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="glbs:DisclosureOfValuationTechniquesAndSignificantUnobservableInputs"><p id="xdx_89A_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zsWYcD0PPvtc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Valuation
techniques and significant unobservable inputs</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Financial
    instruments measured at fair value</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 48%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation
    Techniques</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant
    unobservable inputs</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments:</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Interest Rate
    Swap</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted
    cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;&#160;Discount
    rate</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Financial
                                            instruments not measured at fair value</span></b></span></p></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Asset
    and liabilities not measured at fair value</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation
    Techniques</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant
    unobservable inputs</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-term borrowings</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted
    cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discount rate</span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A5_zpx7ZHjGBBe5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"><span style="font-size: 10pt"><b>Transfers between Level
1, 2 and 3</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">There
were no transfers between these levels in 2020 and 2021.</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: 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"></p>

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

<ix:exclude><!-- Field: Page; Sequence: 176 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font: normal 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 --></ix:exclude>

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

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

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-12-31" escape="true" name="ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory"><p id="xdx_803_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_zPqZjnKx7Wwf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>22.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_82C_z1tkR4gA3O7l">Events after the reporting date</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 24.75pt; text-align: justify; text-indent: 0cm">The conflict between
Russia and Ukraine, which commenced in February 2022, has disrupted supply chains and caused instability and significant volatility in
the global economy. Much uncertainty remains regarding the global impact of the conflict in Ukraine, and it is possible that such instability,
uncertainty and resulting volatility could significantly increase the costs of the Company and adversely affect its business, including
the ability to secure charters and financing on attractive terms, and as a result, adversely affect the Company&#8217;s business, financial
condition, results of operation and cash flows. Currently there is no effect on the Company&#8217;s operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"></span></p>

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

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"></p>




</ix:nonNumeric><p id="xdx_810_zVDHmkhUAhGi" style="font: 400 13.33px Times New Roman, Times, Serif; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px; margin-top: 12pt; margin-bottom: 6pt"><span style="font-size: 10pt">&#160;</span></p>

<!-- Field: Page; Sequence: 177 -->
    <div style="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="border-bottom: Black 0.5pt solid; width: 33%"></td><td style="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"><p style="margin-top: 0; margin-bottom: 0">&#160;F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></p><p style="margin-top: 0; margin-bottom: 0">&#160;</p></td><td style="border-bottom: Black 0.5pt solid; width: 33%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><a href="#a_00Table" style="font: normal 10pt Times New Roman, Times, Serif">Table of Contents</a></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm">&#160;</p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"></p><p style="font: normal 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p></div>
    <!-- Field: /Page -->

<p style="font: 400 13.33px Times New Roman, Times, Serif; color: rgb(0, 0, 0); letter-spacing: normal; word-spacing: 0px; text-indent: 0px; margin-top: 12pt; margin-bottom: 6pt"><span style="font-size: 10pt">&#160;</span></p>

</body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>exhibit21.htm
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 2.1</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Description of Rights of Each Class of Securities Registered under Section
12 of the Exchange Act</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt">As of December&nbsp;31,
2021 Globus Maritime Limited (the &#8220;Company,&#8221; &#8220;Globus,&#8221; &#8220;we,&#8221; &#8220;us&#8221; or &#8220;our&#8221;)
had the following securities registered pursuant to Section&nbsp;12 of the Act:</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 32%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 32%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 0.5pt solid; white-space: nowrap; font: 12pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Title&nbsp;of&nbsp;each&nbsp;class</B></FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Trading&nbsp;symbols</B></FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Name&nbsp;of&nbsp;each&nbsp;exchange&nbsp;on&nbsp;which</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center"><B>registered</B></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 12pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt">Shares of common stock, par value $0.004 per share</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 12pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt">GLBS</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 12pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt">Nasdaq Capital Market</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt">For which Capitalized
terms used but not defined herein have the meanings given to them in our annual report on Form 20-F for the fiscal year ended December&nbsp;31,
2021 (the &#8220;<B>Annual report</B>&#8221;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>The following is a description that includes, among
other things, the material terms of our articles of incorporation and bylaws. The description does not purport to be complete and is subject
to, and qualified in its entirety by reference to, all the provisions of the articles of incorporation and bylaws. Because the following
is only a summary, it does not contain all information that you may find important.</I></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Globus Maritime Limited is authorized to issue (1)
500,000,000 common shares, par value $0.004 per share, (2) 100,000,000 Class B common shares, par value $0.001 per share, which we refer
to as the Class B shares, and (3) 100,000,000 preferred shares, par value $0.001 per share, which we refer to as the preferred shares.
No Class B shares have yet been issued. Our articles of incorporation require us at all times to reserve and keep available, out of our
authorized but unissued common shares, such number of common shares as would become issuable upon the conversion of all Class B shares
then outstanding.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Two series of preferred shares have been designated.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is no limitation on the right to own securities
or the rights of non-resident shareholders to hold or exercise voting rights on our securities under Marshall Islands law or our articles
of incorporation or bylaws.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">All of our shares are in registered form. Our articles
of incorporation do not permit the issuance of bearer shares. We do not hold any of our shares in treasury.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have financed our operations through funds raised
in public and private placements of common shares and through debt. We also issued shares to our officers and employees.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our objects and purposes, as provided in Section 1.3
of our articles of incorporation, are to engage in any lawful act or activity for which corporations may now or hereafter be organized
under the BCA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>COMMON SHARES, CLASS B SHARES, AND SERIES B PREFERRED SHARES</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Generally, Marshall Islands law provides that the
holders of a class of stock of a Marshall Islands corporation are entitled to a separate class vote on any proposed amendment to the relevant
articles of incorporation that would change the aggregate number of authorized shares or the par value of that class of shares or alter
or change the powers, preferences or special rights of that class so as to affect the class adversely. Except as described below, holders
of our common shares and Class B shares have equivalent economic rights. Holders of our common shares are entitled to one vote per share
while holders of our Class B shares are entitled to 20 votes per share and the holder of our Series B preferred shares is entitled to
25,000 votes per share (subject to the limitation described in &#8220;Preferred Shares&#8221;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">below). Each holder of Class B shares (not including
the Company and the Company&#8217;s subsidiaries) may convert, at its option, any or all of the Class B shares held by such holder into
an equal number of common shares.</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">Except as otherwise provided by the BCA, holders of
our common shares, Class B shares, and Series B preferred shares will vote together as a single class on all matters submitted to a vote
of shareholders, including the election of directors.</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">The rights, preferences and privileges of holders
of our shares are subject to the rights of the holders of our Series B preferred shares and any preferred shares which we may issue in
the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Holders of our common shares do not have conversion,
redemption or pre-emptive rights to subscribe to any of our securities.</P>

<P STYLE="font: 12pt 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">Common shares that have been entered into the DTC
book-entry system will be registered in the name of Cede &amp; Co., as nominee for DTC and transfers of beneficial ownership of shares
held through DTC will be effected by electronic transfer made by DTC participants.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Transfers of shares held outside of DTC or another
direct registration system maintained by Computershare, our transfer agent, and not represented by certificates are effected by a stock
transfer instrument.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Transfer of registered certificates is effected by
presenting and surrendering the certificates to us or our transfer agent. A valid transfer requires the registered certificates to be
properly endorsed for transfer as provided for in the certificates and accompanied by proper instruments of transfer.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Our articles of incorporation, bylaws and the BCA do not contain transfer
restrictions on our common shares.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">Our articles of incorporation authorize
our board of directors to establish and issue up to 100 million preferred shares and to determine, with respect to any series of preferred
shares, the rights and preferences of that series, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 24px; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 10pt">the designation of the series;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 24px; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 10pt">the number of preferred shares in the series;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"></FONT>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt">the preferences and relative participating option or other
special rights, if any, and any qualifications, limitations or restrictions of such series; and</P>
<FONT STYLE="font-size: 10pt"></FONT></TD></TR>
</TABLE>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">the voting rights, if any, of the holders of the series.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">In April 2012 we issued an aggregate
of 3,347 (number not adjusted for any reverse stock splits) Series A Preferred Shares to two persons who were then executive officers,
but as of the date hereof no Series A Preferred Shares are outstanding. The holders of our Series A Preferred Shares were entitled to
receive, if funds were legally available, dividends payable in cash in an amount per share to be determined by unanimous resolution of
our Remuneration Committee, in its sole discretion. Our board of directors or Remuneration Committee determined whether funds were legally
available under the BCA for such dividend. Any accrued but unpaid dividends did not bear interest. Except as may be provided in the BCA,
holders of our Series A Preferred Shares did not have any voting rights. Upon our liquidation, dissolution or winding up, the holders
of our Series A Preferred Shares were entitled to a preference in the amount of the declared and unpaid dividends, if any, as of the date
of liquidation, dissolution or winding up. Our Series A Preferred Shares were not convertible into any of our other capital stock. The
Series A Preferred Shares were redeemable at the written request of the Remuneration Committee, at par value plus all declared and unpaid
dividends as of the date of redemption plus any additional consideration determined by a unanimous resolution of the Remuneration Committee.
We redeemed and cancelled 780 Series A Preferred Shares in January 2013 and the remaining 2,567 were redeemed and cancelled in July 2016.
(These figures do not reflect any of our reverse stock splits which occurred afterwards.)&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">In June 2020, we issued 50 newly-designated
Series B Preferred Shares,&nbsp;par value $0.001 per share, to Goldenmare Limited, a company controlled by our Chief Executive Officer,
Athanasios Feidakis. We issued an additional 250 Series B preferred shares to Goldenmare Limited in July 2020 and an additional 10,000
Series B preferred shares to Goldenmare Limited in March 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">The Series B preferred shares currently
have the following characteristics:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><B><I>Voting</I></B>. To the fullest
extent permitted by law, each Series B preferred share entitles the holder hereof to 25,000 votes per share on all matters submitted to
a vote of the shareholders of the Company,&nbsp;<I>provided however,&nbsp;</I>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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><B><I>Conversion</I>.&nbsp;</B>The
Series B preferred shares are not convertible into common shares or any other security.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><B><I>Redemption</I>.&nbsp;</B>The
Series B preferred shares are not redeemable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><B><I>Dividends</I></B><I>.&nbsp;</I>The
Series B preferred shares have no dividend rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><B><I>Liquidation Preference</I>.&nbsp;</B>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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><B><I>Transferability.&nbsp;</I></B>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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><B><I>Proportional Adjustment.</I></B>&nbsp;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: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In the event of our dissolution, liquidation or winding
up, whether voluntary or involuntary, after payment in full of the amounts, if any, required to be paid to our creditors, the payment
of the par value of $0.001 per share to the holder of our Series B Preferred Shares, and the holders of preferred shares, our remaining
assets and funds shall be distributed pro rata to the holders of our common shares and Class B shares, and the holders of common shares
and the holders of Class B shares shall be entitled to receive the same amount per share in respect thereof. Other than their receipt
of the par value of $0.001 per Series B preferred share, the holder of our Series B Preferred Shares do not participate in distributions
upon liquidation.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Declaration and payment of any dividend is subject
to the discretion of our board of directors. The timing and amount of dividend payments to holders of our shares will depend on a series
of factors and risks described under &#8220;Risk Factors&#8221; in our annual report on Form 20-F and in prospectuses we may file from
time to time, and includes risks relating to earnings, financial condition, cash requirements and availability, restrictions in our current
and future loan arrangements, the provisions of the Marshall Islands law affecting the payment of dividends and other factors. The BCA
generally prohibits the payment of dividends other than from surplus or while we are insolvent or if we would be rendered insolvent upon
paying the dividend.</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to preferences that may apply to any shares
of preferred stock outstanding at the time, the holders of our common shares and Class B shares will be entitled to share equally (pro
rata based on the number of shares held) in any dividends that our board of directors may declare from time to time out of funds legally
available for dividends. Series B preferred shares do not participate in dividends.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our common shares are not convertible into any other
shares of our capital stock. Each of our Class B shares is convertible at any time at the election of the holder thereof into one of our
common shares. We may reissue or resell any Class B shares that shall have been converted into common shares. Neither the Common Shares
nor the Class B Shares may be reclassified, subdivided or combined unless such reclassification, subdivision or combination occurs simultaneously
and in the same proportion for each such class of Common Stock.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our directors are elected by the vote of the plurality
of the votes cast by shareholders entitled to vote in the election. Our articles of incorporation provide that our board of directors
must consist of at least three members. Shareholders may change the number of directors only by the affirmative vote of holders of a majority
of the total voting power of our outstanding capital stock (subject to the rights of any holders of preferred shares). The board of directors
may change the number of directors by a majority vote of the entire board of directors.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No contract or transaction between us and one or more
of our directors or officers will be void or voidable solely for the following reason, or solely because the director or officer is present
at or participates in the meeting of our board of directors or committee thereof which authorizes the contract or transaction, or solely
because his or her or their votes are counted for such purpose, if (1) the material facts as to such director&#8217;s interest in such
contract or transaction and as to any such common directorship, officership or financial interest are disclosed in good faith or known
to the board of directors or committee, and the board of directors or committee approves such contract or transaction by a vote sufficient
for such purpose without counting the vote of such interested director, or, if the votes of the disinterested directors are insufficient
to constitute an act of the board, by unanimous vote of the disinterested directors; or (2) the material facts as to such director&#8217;s
interest in such contract or transaction and as to any such common directorship, officership or financial interest are disclosed in good
faith or known to the shareholders entitled to vote thereon, and such contract or transaction is approved by vote of such shareholders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Our board of directors has the authority to fix the compensation of directors
for their services.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>CLASSIFIED BOARD OF DIRECTORS</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our articles of incorporation provide for a board
of directors serving staggered, three-year terms. Approximately one-third of our board of directors are elected each year.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>REMOVAL OF DIRECTORS; VACANCIES</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our articles of incorporation provide that directors
may be removed with or without cause upon the affirmative vote of holders of a majority of the total voting power of our outstanding capital
stock cast at a meeting of the shareholders. Our articles of incorporation also permit the removal of directors for cause upon the affirmative
vote of 66-2/3% of the members of the board of directors then in office.&nbsp; Our bylaws require parties to provide advance written notice
of nominations for the election of directors other than the board of directors and shareholders holding 30% or more of the voting power
of the aggregate number of our shares issued and outstanding and entitled to vote.</P>

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

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>NO CUMULATIVE VOTING</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Our articles of incorporation prohibit cumulative voting.</P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under our bylaws, annual shareholder meetings will
be held at a time and place selected by our board of directors. The meetings may be held in or outside of the Marshall Islands. Special
meetings may be called by the chairman of our board of directors, by resolution of our board of directors or by holders of 30% or more
of the voting power of the aggregate number of our shares issued and outstanding and entitled to vote at such meeting. Our board of directors
may set a record date between 15 and 60 days before the date of any meeting to determine the shareholders that will be eligible to receive
notice and vote at the meeting.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>DISSENTERS&#8217; RIGHTS OF APPRAISAL AND PAYMENT</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under the BCA, our shareholders may have the right
to dissent from various corporate actions, including certain amendments to our articles of incorporation and certain mergers or consolidations
or the sale or exchange of all or substantially all of our assets not made in the usual course of our business, and receive payment of
the fair value of their shares, subject to exceptions. The right of a dissenting shareholder to receive payment of the fair value of his
shares is not available for the shares of any class or series of stock, which shares at the record date fixed to determine the shareholders
entitled to receive notice of and vote at the meeting of shareholders to act upon the agreement of merger or consolidation or any sale
or exchange of all or substantially all of the property and assets of the corporation not made in the usual course of its business, were
either (1) listed on a securities exchange or admitted for trading on an interdealer quotation system or (2) held of record by more than
2,000 holders. In the event of any further amendment of our articles of incorporation, a shareholder also has the right to dissent and
receive payment for his or her shares if the amendment alters certain rights in respect of those shares. The dissenting shareholder must
follow the procedures set forth in the BCA to receive payment. In the event that we and any dissenting shareholder fail to agree on a
price for the shares, the BCA procedures involve, among other things, the institution of proceedings in the high court of the Republic
of the Marshall Islands or in any appropriate court in any jurisdiction in which our shares are primarily traded on a local or national
securities exchange to fix the value of the shares.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>SHAREHOLDERS&#8217; DERIVATIVE ACTIONS</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under the BCA, any of our shareholders may bring an
action in our name to procure a judgment in our favor, also known as a derivative action, provided that the shareholder bringing the action
is a holder of common shares or a beneficial interest therein both at the time the derivative action is commenced and at the time of the
transaction to which the action relates or that the shares devolved upon the shareholder by operation of law, among other requirements
set forth in the BCA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>AMENDMENT OF OUR ARTICLES OF INCORPORATION</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Except as otherwise provided by law, any provision
in our articles of incorporation requiring a vote of shareholders may only be amended by such a vote. Further, certain sections may only
be amended by affirmative vote of the holders of at least a majority of the voting power of the voting shares.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>ANTI-TAKEOVER EFFECTS OF CERTAIN PROVISIONS OF OUR ARTICLES OF INCORPORATION
AND BYLAWS</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">Several provisions of our articles
of incorporation and bylaws, which are summarized below, may have anti-takeover effects. These provisions are intended to avoid costly
takeover battles, lessen our vulnerability to a hostile change of control and enhance the ability of our board of directors to maximize
shareholder value in connection with any unsolicited offer to acquire our company. However, these anti-takeover provisions could also
discourage, delay or prevent the merger or acquisition of our company by means of a tender offer, a proxy contest or otherwise that a
shareholder may consider in its best interest and the removal of incumbent officers and directors, which could affect the desirability
of our shares and, consequently, our share price.&nbsp;</P>

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


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><I>Multi Class Stock</I>. Our multi-class
stock structure, which consists of common shares, Class B common shares, and preferred shares, can provide holders of our Class B common
shares or preferred shares a significant degree of control over all matters requiring shareholder approval, including the election of
directors and significant corporate transactions, such as a merger or other sale of our company or its assets, because our different classes
of shares can have different numbers of votes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">For instance, while our common
shares have one vote on matters before the shareholders, each of our 10,300 outstanding Series B preferred shares has 25,000 votes on
matters before the shareholders;&nbsp;<I>provided however,&nbsp;</I>that no holder of Series B preferred shares may exercise voting rights
pursuant to any Series B preferred shares that would result in the total number of votes a holder is entitled to vote on any matter submitted
to a vote of shareholders of the Company to exceed 49.99% of the total number of votes eligible to be cast on such matter. No Class B
common shares are presently outstanding, but if and when we issue any, each Class B common share will have 20 votes on matters before
the shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">At present, and until a substantial
number of additional securities are issued, our holder of Series B preferred shares exerts substantial control of the Company&#8217;s
votes and is able to exert substantial control over our management and all matters requiring shareholder approval, including electing
directors and significant corporate transactions, such as a merger. Such holder&#8217;s interest could differ from yours.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><I>Blank Check Preferred Shares</I>.
Under the terms of our articles of incorporation, our board of directors has authority, without any further vote or action by our shareholders,
to issue up to 100 million &#8220;blank check&#8221; preferred shares, almost all of which currently remain available for issuance. Our
board could authorize the issuance of preferred shares with voting or conversion rights that could dilute the voting power or rights of
the holders of common shares, in addition to preferred shares that are already outstanding. The issuance of preferred shares, while providing
flexibility in connection with possible acquisitions and other corporate purposes, could, among other things, have the effect of delaying,
deferring or preventing a change in control of us or the removal of our management and may harm the market price of our common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><I>Classified Board of Directors</I>.
Our articles of incorporation provide for the division of our board of directors into three classes of directors, with each class as nearly
equal in number as possible, serving staggered, three-year terms beginning upon the expiration of the initial term for each class. Approximately
one-third of our board of directors is elected each year. This classified board provision could discourage a third party from making a
tender offer for our shares or attempting to obtain control of us. It could also delay shareholders who do not agree with the policies
of our board of directors from removing a majority of our board of directors for up to two years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><I>Election of Directors</I>. Our
articles of incorporation do not provide for cumulative voting in the election of directors. Our bylaws require parties, other than the
chairman of the board of directors, board of directors and shareholders holding 30% or more of the voting power of the aggregate number
of our shares issued and outstanding and entitled to vote, to provide advance written notice of nominations for the election of directors.
These provisions may discourage, delay or prevent the removal of incumbent officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><I>Advance Notice Requirements
for Shareholder Proposals and Director Nominations</I>. Our bylaws provide that shareholders, other than shareholders holding 30% or more
of the voting power of the aggregate number of our shares issued and outstanding and entitled to vote, seeking to nominate candidates
for election as directors or to bring business before an annual meeting of shareholders must provide timely notice of their proposal in
writing to the corporate secretary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">Generally, to be timely, a shareholder&#8217;s
notice must be received at our principal executive offices not less than 150 days or more than 180 days prior to the first anniversary
date of the immediately preceding annual meeting of shareholders. Our bylaws also specify requirements as to the form and content of a
shareholder&#8217;s notice. These provisions may impede a shareholder&#8217;s ability to bring matters before an annual meeting of shareholders
or make nominations for directors at an annual meeting of shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Calling
of Special Meetings of Shareholders</I>. Our bylaws provide that special meetings of our shareholders may be called only by the chairman
of our board of directors, by resolution of our board of directors or by holders of 30% or more of the voting power of the aggregate number of our shares issued
and outstanding and entitled to vote at such meeting.</P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><I>Action by Written Consent in
Lieu of a Meeting. </I>Our articles permit any action which may or is required by the BCA to be taken at a meeting of the shareholders
to be authorized by consents in writing signed by the holders of outstanding shares having not less than the minimum number of votes that
would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.
Presently and until and unless we issue a significant number of securities, Goldenmare Limited, a company affiliated with our Chief Executive
Officer, holds Series B Preferred Shares controlling 49.99% of the voting power of our outstanding capital stock. Goldenmare could, together
with shareholders possessing a relatively small number of shares, act by written consent in lieu of a meeting and authorize major transactions
on behalf of the Company, all without calling a meeting of shareholders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><I>Business Combinations</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">Although the BCA does not contain
specific provisions regarding &#8220;business combinations&#8221; between corporations incorporated under or redomiciled pursuant to the
laws of the Marshall Islands and &#8220;interested shareholders,&#8221; our articles of incorporation prohibit us from engaging in a business
combination with an interested shareholder for a period of three years following the date of the transaction in which the person became
an interested shareholder, unless, in addition to any other approval that may be required by applicable law:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="width: 91%; text-align: justify"><FONT STYLE="font-size: 10pt">prior to the date of the transaction that resulted in the shareholder becoming an interested shareholder, our board of directors approved either the business combination or the transaction that resulted in the shareholder becoming an interested shareholder;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="width: 91%; text-align: justify"><FONT STYLE="font-size: 10pt">upon consummation of the transaction that resulted in the shareholder becoming an interested shareholder, the interested shareholder owned at least 85.0% of our voting shares outstanding at the time the transaction commenced, excluding for purposes of determining the number of shares outstanding those shares owned by (1) persons who are directors and officers and (2) employee stock plans in which employee participants do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="width: 91%; text-align: justify"><FONT STYLE="font-size: 10pt">at or after the date of the transaction that resulted in the shareholder becoming an interested shareholder, the business combination is approved by our board of directors and authorized at an annual or special meeting of shareholders, and not by written consent, by the affirmative vote of at least 66-2/3% of the voting power of the voting shares that are not owned by the interested shareholder.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">Among other transactions, a &#8220;business
combination&#8221; includes any merger or consolidation of us or any directly or indirectly majority-owned subsidiary of ours with (1)
the interested shareholder or any of its affiliates or (2) with any corporation, partnership, unincorporated association or other entity
if the merger or consolidation is caused by the interested shareholder. Generally, an &#8220;interested shareholder&#8221; is any person
or entity (other than us and any direct or indirect majority-owned subsidiary of ours) that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="text-align: justify; width: 91%"><FONT STYLE="font-size: 10pt"></FONT>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt">owns 15.0% or more of our outstanding voting shares;</P>
<FONT STYLE="font-size: 10pt"></FONT></TD></TR>
</TABLE>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="width: 91%; text-align: justify"><FONT STYLE="font-size: 10pt">is an affiliate or associate of ours and was the owner of 15.0% or more of our outstanding voting shares at any time within the three-year period immediately prior to the date on which it is sought to be determined whether such person is an interested shareholder; or</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="width: 91%; text-align: justify"><FONT STYLE="font-size: 10pt">is an affiliate or associate of any person listed in the first two bullets, except that any person who owns 15.0% or more of our outstanding voting shares, as a result of action taken solely by us will not be an interested shareholder unless such person acquires additional voting shares, except as a result of further action by us and not caused, directly or indirectly, by such person.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Additionally, the restrictions regarding business combinations do not apply
to persons that became interested shareholders prior to the effectiveness of our articles of incorporation.</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>LIMITATIONS ON LIABILITY AND INDEMNIFICATION OF DIRECTORS AND OFFICERS</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The BCA authorizes corporations to limit or eliminate
the personal liability of directors to corporations and their shareholders for monetary damages for breaches of certain directors&#8217;
fiduciary duties. Our articles of incorporation include a provision that eliminates the personal liability of directors for monetary damages
for breach of fiduciary duty as a director to the fullest extent permitted by law (i.e., other than breach of duty of loyalty, acts not
taken in good faith or which involve intentional misconduct or a knowing violation of law or transactions for which the director derived
an improper personal benefit) and provides that we must indemnify our directors and officers to the fullest extent authorized by law.
We are also expressly authorized to advance certain expenses to our directors and officers and expect to carry directors&#8217; and officers&#8217;
insurance providing indemnification for our directors and officers for some liabilities. We believe that these indemnification provisions
and the directors&#8217; and officers&#8217; insurance are useful to attract and retain qualified directors and executive officers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The limitation of liability and indemnification provisions
in our articles of incorporation may discourage shareholders from bringing a lawsuit against our directors for breach of their fiduciary
duty. These provisions may also have the effect of reducing the likelihood of derivative litigation against directors and officers, even
though such an action, if successful, may otherwise benefit us and our shareholders. In addition, an investor in our common shares may
be adversely affected to the extent we pay the costs of settlement and damage awards against directors and officers pursuant to these
indemnification provisions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">There is no pending material litigation or proceeding involving any of
our directors, officers or employees for which indemnification is sought.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>TRANSFER AGENT AND REGISTRAR</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Computershare, Inc. is the transfer agent and registrar for our common
shares.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>MARSHALL ISLANDS COMPANY CONSIDERATIONS</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 18pt">Our corporate affairs are
governed by our articles of incorporation and bylaws and by the BCA. The provisions of the BCA resemble provisions of the corporation
laws of a number of states in the United States. While the BCA also provides that, for non-resident entities like us, it is to be interpreted
according to the laws of the State of Delaware and other states with substantially similar legislative provisions, there have been few,
court cases interpreting the BCA in the Republic of the Marshall Islands and we cannot predict whether Marshall Islands courts would reach
the same conclusions as courts in the United States. Thus, you may have more difficulty in protecting your interests in the face of actions
by the management, directors or controlling shareholders than would shareholders of a corporation incorporated in a United States jurisdiction
which has developed a substantial body of case law. The following table provides a comparison between the statutory provisions of the
BCA and the Delaware General Corporation Law relating to shareholders&#8217; rights.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border: Black 0.5pt solid; width: 50%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Marshall
    Islands</P></TD>
    <TD STYLE="border-top: Black 0.5pt solid; width: 50%; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Delaware</P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: left"><B>Shareholder
    Meetings</B></P></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Held at a time and place as designated in the bylaws.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">May be held at such time or place as designated in the certificate of incorporation or the bylaws, or if not so designated, as determined by the board of directors.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Special meetings of the shareholders may be called by the board of directors or by such person or persons as may be authorized by the articles of incorporation or by the bylaws.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Special meetings of the shareholders may be called by the board of directors or by such person or persons as may be authorized by the certificate of incorporation or by the bylaws.</TD></TR>
  </TABLE>

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

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

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<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="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Marshall
    Islands</P></TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Delaware</P></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 0.5pt solid; width: 50%; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">May be held within or without the Marshall Islands.</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 50%; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">May be held within or without Delaware.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">Notice:</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">Whenever shareholders are required
    to take any action at a meeting, written notice of the meeting shall be given which shall state the place, date and hour of the meeting
    and, unless it is an annual meeting, indicate that it is being issued by or at the direction of the person calling the meeting.</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">A copy of the notice of any meeting
    shall be given personally or sent by mail or electronically not less than 15 nor more than 60 days before the meeting.</P></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">Notice:</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">Whenever shareholders are required
    to take any action at a meeting, a written notice of the meeting shall be given which shall state the place, if any, date and hour of
    the meeting, and the means of remote communication, if any.</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 10pt 7.2pt; text-align: justify">Written notice shall be given not
    less than 10 nor more than 60 days before the meeting.</P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: left"><B>Shareholders&#8217;
    Voting Rights</B></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Unless otherwise provided in the articles of incorporation, any action required by the BCA to be taken at a meeting of shareholders may be taken without a meeting if a consent or consents in writing, setting forth the action so taken, shall be signed by all the shareholders entitled to vote with respect to the subject matter thereof, or if the articles of incorporation so provide, by the holders of outstanding shares having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any action required to be taken at a meeting of shareholders may be taken without a meeting if a consent for such action is in writing and is signed by shareholders having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any shareholder authorized to vote may authorize another person to act for him by proxy.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any person authorized to vote may authorize another person or persons to act for him by proxy.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Unless otherwise provided in the articles of incorporation or the bylaws, a majority of shares entitled to vote constitutes a quorum. In no event shall a quorum consist of fewer than one-third of the shares entitled to vote at a meeting.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">For stock corporations, the certificate of incorporation or bylaws may specify the number of shares required to constitute a quorum but in no event shall a quorum consist of less than one-third of shares entitled to vote at a meeting. In the absence of such specifications, a majority of shares entitled to vote shall constitute a quorum.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">When a quorum is once present to organize a meeting, it is not broken by the subsequent withdrawal of any shareholders.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">When a quorum is once present to organize a meeting, it is not broken by the subsequent withdrawal of any shareholders.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">The articles of incorporation may provide for cumulative voting in the election of directors.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">The certificate of incorporation may provide for cumulative voting in the election of directors.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: left"><B>Merger
    or Consolidation</B></P></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>

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

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

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<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="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Marshall
    Islands</P></TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Delaware</P></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 0.5pt solid; width: 50%; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any two or more domestic corporations may merge into a single corporation if approved by the boards of the participating corporations and if authorized by a majority vote of the holders of outstanding shares at a shareholder meeting of each constituent corporation.</TD>
    <TD STYLE="border-top: Black 0.5pt solid; width: 50%; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any two or more corporations existing under the laws of the state may merge into a single corporation pursuant to a board resolution and upon the majority vote by shareholders of each constituent corporation at an annual or special meeting.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any sale, lease, exchange or other disposition of all or substantially all the assets of a corporation, if not made in the corporation&#8217;s usual or regular course of business, once approved by the board, shall be authorized by the affirmative vote of two-thirds of the shares of those entitled to vote at a shareholder meeting.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Every corporation may at any meeting of the board sell, lease or exchange all or substantially all of its property and assets as its board deems expedient and for the best interests of the corporation when so authorized by a resolution adopted by the holders of a majority of the outstanding stock of the corporation entitled to vote.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any domestic corporation owning at least 90% of the outstanding shares of each class of another domestic corporation may merge such other corporation into itself without the authorization of the shareholders of any corporation.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any corporation owning at least 90% of the outstanding shares of each class of another corporation may merge the other corporation into itself and assume all of its obligations without the vote or consent of shareholders; however, in case the parent corporation is not the surviving corporation, the proposed merger shall be approved by a majority of the outstanding stock of the parent corporation entitled to vote at a duly called shareholder meeting.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any mortgage, pledge of or creation of a security interest in all or any part of the corporate property may be authorized without the vote or consent of the shareholders, unless otherwise provided for in the articles of incorporation.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any mortgage or pledge of a corporation&#8217;s property and assets may be authorized without the vote or consent of shareholders, except to the extent that the certificate of incorporation otherwise provides.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 0.5pt solid; text-align: left; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: left"><B>Directors</B></P></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">The board of directors must consist of at least one member.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">The board of directors must consist of at least one member.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">The number of board members may be changed by an amendment to the bylaws, by the shareholders, or by action of the board under the specific provisions of a bylaw.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">The number of board members shall be fixed by, or in a manner provided by, the bylaws, unless the certificate of incorporation fixes the number of directors, in which case a change in the number shall be made only by an amendment to the certificate of incorporation.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">If the board is authorized to change the number of directors, it can only do so by a majority of the entire board and so long as no decrease in the number shall shorten the term of any incumbent director.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">If the number of directors is fixed by the certificate of incorporation, a change in the number shall be made only by an amendment of the certificate.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>

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

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

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<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="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Marshall
    Islands</P></TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Delaware</P></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 0.5pt solid; width: 50%; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Removal:</TD>
    <TD STYLE="border-top: Black 0.5pt solid; width: 50%; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Removal:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any or all of the directors may be removed for cause by vote of the shareholders.&nbsp;&nbsp;The articles of incorporation or the specific provisions of a bylaw may provide for such removal by action of the board, except in the case of any director elected by cumulative voting, or by the holders of the shares of any class or series when so entitled by the provisions of the articles of incorporation.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Any or all of the directors may be removed, with or without cause, by the holders of a majority of the shares entitled to vote unless the certificate of incorporation otherwise provides.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">If the articles of incorporation or the bylaws so provide, any or all of the directors may be removed without cause by vote of the shareholders.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">In the case of a classified board, shareholders may effect removal of any or all directors only for cause.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: left"><B>Dissenters&#8217;
    Rights of Appraisal</B></P></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 0.5pt solid; vertical-align: top; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Shareholders have a right to dissent from any plan of merger, consolidation or sale or exchange of all or substantially all assets not made in the usual and regular course of business, and receive payment of the fair value of their shares. However, the right of a dissenting shareholder under the BCA to receive payment of the fair value of his shares is not available for the shares of any class or series of stock, which shares or depository receipts in respect thereof, at the record date fixed to determine the shareholders entitled to receive notice of and vote at the meeting of shareholders to act upon the agreement of merger or consolidation or any sale or exchange of all or substantially all of the property and assets of the corporation not made in the usual course of its business, were either (i) listed on a securities exchange or admitted for trading on an interdealer quotation system or (ii) held of record by more than 2,000 holders. The right of a dissenting shareholder to receive payment of the fair value of his or her shares shall not be available for any shares of stock of the constituent corporation surviving a merger if the merger did not require for its approval the vote of the shareholders of the surviving corporation.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; vertical-align: bottom; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Appraisal rights shall be available for the shares of any class or series of stock of a corporation in a merger or consolidation, subject to limited exceptions, such as a merger or consolidation of corporations listed on a national securities exchange in which listed stock is offered for consideration is (i) listed on a national securities exchange or (ii) held of record by more than 2,000 holders.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">A holder of any adversely affected shares who does not vote on or consent in writing to an amendment to the articles of incorporation has the right to dissent and to receive payment for such shares if the amendment:</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 33pt; text-align: justify; line-height: 12pt; font-size: 10pt; text-indent: -18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>Alters or abolishes any preferential right of any outstanding shares having preferences; or</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 33pt; text-align: justify; line-height: 12pt; font-size: 10pt; text-indent: -18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>Creates, alters, or abolishes any provision or right in respect to the redemption of any outstanding shares; or</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>

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

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

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<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="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Marshall
    Islands</P></TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt; width: 50%">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: center">Delaware</P></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 0.5pt solid; width: 50%; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 33pt; text-align: justify; line-height: 12pt; font-size: 10pt; text-indent: -18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>Alters or abolishes any preemptive right of such holder to acquire shares or other securities; or</TD>
    <TD STYLE="border-top: Black 0.5pt solid; width: 50%; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 33pt; text-align: justify; line-height: 12pt; font-size: 10pt; text-indent: -18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>Excludes or limits the right of such holder to vote on any matter, except as such right may be limited by the voting rights given to new shares then being authorized of any existing or new class.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: bold 10pt/9pt Times New Roman, Times, Serif; margin: 1pt 0 2pt; text-align: left"><B>Shareholder&#8217;s
    Derivative Actions</B></P></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">An action may be brought in the right of a corporation to procure a judgment in its favor, by a holder of shares or of voting trust certificates or of a beneficial interest in such shares or certificates. It shall be made to appear that the plaintiff is such a holder at the time of bringing the action and that he was such a holder at the time of the transaction of which he complains, or that his shares or his interest therein devolved upon him by operation of law.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">In any derivative suit instituted by a shareholder of a corporation, it shall be averred in the complaint that the plaintiff was a shareholder of the corporation at the time of the transaction of which he complains or that such shareholder&#8217;s stock thereafter devolved upon such shareholder by operation of law.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">A complaint shall set forth with particularity the efforts of the plaintiff to secure the initiation of such action by the board or the reasons for not making such effort.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Other requirements regarding derivative suits have been created by judicial decision, including that a shareholder may not bring a derivative suit unless he or she first demands that the corporation sue on its own behalf and that demand is refused (unless it is shown that such demand would have been futile).</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Such action shall not be discontinued, compromised or settled, without the approval of the High Court of the Republic of The Marshall Islands.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">Reasonable expenses including attorney&#8217;s fees may be awarded if the action is successful.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">A corporation may require a plaintiff bringing a derivative suit to give security for reasonable expenses if the plaintiff owns less than 5% of any class of stock and the shares have a value of $50,000 or less.</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 2.9pt; padding-bottom: 10pt; padding-left: 7.2pt; text-align: justify; line-height: 12pt; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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

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

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.3
<SEQUENCE>3
<FILENAME>exhibit43.htm
<DESCRIPTION>EXHIBIT 4.3
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;<B>Exhibit 4.3</B></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">THIS AGREEMENT SUPERSEDES AND REPLACES THE ONE SIGNED
ON JANUARY 2, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 35.05pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This private sublease agreement dated August 5, 2021
is made between CYBERONICA S.A., a Company specializing in the storage and custom clearance in the importation and/or exportation of commercial
products with registered offices at 79<SUP>th</SUP> St Nicholas Ave in Glyfada, Attica under the registered number (GEMI 1218901000 and
AFM 094438102 which is legally represented by Athanasios Feidakis the son of Constantine and hereinafter called the &#8220;Sublessor&#8221;</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">and GLOBUS SHIPMANAGEMENT CORP., maintaining an office
in Greece at 128 Vouliagmenis Ave, Glyfada 16674 Athens (<I>the &#8220;Company&#8221;</I>), and which is legally represented by Evangelos
Mylonas the son of Ioannis and which is hereinafter called the &#8220;Sublessee&#8221;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Therefore it was agreed and accepted the following:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under the registration number 3545/10-12-2010 Commercial
property Leasing Agreement drawn by the Athens notary Christina Keziou, representing the third party in the agreement &#8220;the Lessor&#8221;,
EFG EUROPEBANK ERGASIAS LEASING SA., (EFG EURANK ERGASIAS LEASING) under the law 1665/1986 as amended has made available to the first
party of the agreement the &#8220;Sublessor&#8221; the usage of the multilevel building located at 128 Vouliagmenis Ave&amp; Aghiou Nikolaos
79 in Glyfada Attica for its use under registration number 5381/9.1.1997 by the owner of the premises represented in a transaction drowned
by the notary public of Athens Maria Tsagari-Valvi.</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">It is hereby agreed that the first of the agreeing
parties, the &#8220;Sublessor&#8221; and with the consent of the third party the &#8220;Lessor&#8221; EFG EUROBANK ERGASIAS LEASING S.A.,
agreeing to this Sublease Agreement to the second consenting party &#8220;the Sublessee&#8221; a part of the 2<SUP>nd</SUP> &amp; 3<SUP>rd</SUP>
floor of the building as it&#8217;s described by the designing Architect Mr. Mylonas (September 1997) accompanied by the common areas
in total of 902 sqm., subsequent to the following modifications under the number N.4495/2017 by the Architect Ms. Sophia Ilia, with the
following terms and conditions:</P>

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

<OL START="1" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">The term of this sublease is agreed by all parties to be three years commencing
on August 5, 2021 and continuing until August 4, 2024. At the end of the term the Sublessee is obliged under no further notice to leave
the leased property and return the keys to the &#8220;Sublessor&#8221;.</LI>

</OL>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<OL START="2" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">During the term of August 5, 2021 and until August 4, 2024, the monthly rent
is set at the sum of Twenty Six Thousand Euro (26,000).</LI>

</OL>

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

<OL START="3" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">It is hereby agreed by all parties that the monthly rent will be adjusted
accordingly by a special written agreement between the &#8220;Sublessor&#8221; and the &#8220;Sublessee&#8221; and b) if for any reason
there is a dissolution of the above terms then the entire Agreement becomes dissolved and voided. The monthly rent shall be paid within
the first three days of each calendar month.</LI>

</OL>

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

<OL START="4" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">Use of premises: Sublessee shall use the premises leased according to Company&#8217;s
stated business purposes in its Constitutional declaration only and for no other purpose without Sublessor&#8217;s prior written consent.</LI>

</OL>

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

<OL START="5" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">It is forbidden any further subletting by the &#8220;Sublessee&#8221; to another
party regardless of any monetary or non monetary value without the written consent of the &#8220;Sublessor&#8221;.</LI>

</OL>

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

<OL START="6" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">By signing subject sublease the Sublessee&#8217;s legal representative has
inspected the property and found it to be satisfactory.</LI>

</OL>

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

<OL START="7" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">During the duration of the sublease the Sublessee is not entitled to make
any alterations in any shape or form without the written consent of the Sublessor.</LI>

</OL>

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

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<OL START="8" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">The Sublessor doesn&#8217;t have any responsibility or duty during the duration
of the sublease to maintain and or repair the premises for any reason other than those damages occurring beyond the Sublessee&#8217;s
control. The Sublesee is responsible for the safety, cleanliness and maintenance of the premises in its possession and is responsible
for any damage other than the one due to ordinary usage.</LI>

</OL>

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

<OL START="9" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">The Sublessee is responsible for payment of its own electric and water consumption
as they each appear with the analogue sums in the relative invoices drawn by each Authorized entity. Furthermore, the Sublessee is responsible
for the Stamp Duty of 3.6% on top of the rental monthly payment and in addition to the stamp duty of cleaning dues and sewer generated
expenses plus any relative VAT and Stamp Duty tax generated by the Municipality of the vicinity and incorporated in the invoices generated
by the Electricity Dept (DEY) and sewer Dept.</LI>

</OL>

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

<OL START="10" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">Should the Sublessee fail to make payments on a timely fashion then the Sublessor
has the right to accelerate eviction proceedings in line with the applicable laws.</LI>

</OL>

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

<OL START="11" STYLE="margin-top: 0cm; list-style-type: decimal">

<LI STYLE="text-align: justify; margin: 0; font-size: 10pt">Any agreement contradictory to all of the above has to be in writing.</LI>

</OL>

<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">Subject Sublease Agreement has been produced in four
copies, and has been executed as stated below, each relative party has received a fully executed copy with the fourth and last copy to
be properly lodged with the authorized Tax Office.</P>

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

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2.5in">&nbsp;</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; text-indent: 1.5in">The Agreeing parties (counterparts)</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">For Cyberonica SA&#9;For Globus Shipmanagement Corp</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">By: <U>/s/ Athanasios Feidakis</U>&#9;&#9;By: <U>/s/
Evangelos Mylonas</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Athanasios Feidakis&#9;Evangelos Mylonas</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">Company seal</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">79th St Nicholas Ave</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Glyfada 16674/AFM</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(VAT)094438102</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tax office: Piraeus tel 210 9696560 fax 210 9640875</P>

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

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>4
<FILENAME>exhibit81.htm
<DESCRIPTION>EXHIBIT 8.1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 8.1</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</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 1pt solid; width: 51%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Name</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; width: 48%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Jurisdiction of Incorporation</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Globus Shipmanagement Corp.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Devocean Maritime Ltd.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Domina Maritime Ltd.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Dulac Maritime S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Artful Shipholding S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Longevity Maritime Limited</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Malta</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Serena Maritime Limited</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Talisman Maritime Limited</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Daxos Maritime Limited</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Argo Maritime Limited</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Salaminia Maritime Limited</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Paralus Shipholding S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Calypso Shipholding S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Olympia Shipholding S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&#9;Marshall Islands</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="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="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD><TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 34%"></TD><TD STYLE="border-bottom: Black 0.5pt solid; width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>5
<FILENAME>exhibit121.htm
<DESCRIPTION>EXHIBIT 12.1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>EXHIBIT 12.1</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY
ACT OF 2002</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">I, Athanasios Feidakis, certify that:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I have reviewed
this annual report on Form 20-F of Globus Maritime Limited;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge,
this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge,
the financial statements, and other financial information included in this report, fairly present in all material respects the financial
condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The company&#8217;s
other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))
for the company and have:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(a)</TD><TD STYLE="text-align: justify">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(b)</TD><TD STYLE="text-align: justify">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(c)</TD><TD STYLE="text-align: justify">Evaluated the effectiveness of the company&#8217;s disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by
this report based on such evaluation; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(d)</TD><TD STYLE="text-align: justify">Disclosed in this report any change in the company&#8217;s internal control over financial reporting that
occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the
company&#8217;s internal control over financial reporting; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The company&#8217;s
other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to
the company&#8217;s auditors and the audit committee of the company&#8217;s board of directors (or persons performing the equivalent functions):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(a)</TD><TD STYLE="text-align: justify">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the company&#8217;s ability to record, process, summarize and report
financial information; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(b)</TD><TD STYLE="text-align: justify">Any fraud, whether or not material, that involves management or other employees who have a significant
role in the company&#8217;s internal control over financial reporting.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">Date: April 11, 2022</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 20%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">/s/ Athanasios Feidakis</FONT></TD>
    <TD STYLE="width: 79%; padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Name: Athanasios Feidakis</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Title: President and Chief Executive Officer &nbsp;(Principal Executive Officer)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

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



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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.2
<SEQUENCE>6
<FILENAME>exhibit122.htm
<DESCRIPTION>EXHIBIT 12.2
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>EXHIBIT 12.2</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY
ACT OF 2002</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">I, Athanasios Feidakis, certify that:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I have reviewed
this annual report on Form 20-F of Globus Maritime Limited;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge,
this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge,
the financial statements, and other financial information included in this report, fairly present in all material respects the financial
condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The company&#8217;s
other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))
for the company and have:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(a)</TD><TD STYLE="text-align: justify">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(b)</TD><TD STYLE="text-align: justify">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(c)</TD><TD STYLE="text-align: justify">Evaluated the effectiveness of the company&#8217;s disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by
this report based on such evaluation; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(d)</TD><TD STYLE="text-align: justify">Disclosed in this report any change in the company&#8217;s internal control over financial reporting that
occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the
company&#8217;s internal control over financial reporting; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The company&#8217;s
other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to
the company&#8217;s auditors and the audit committee of the company&#8217;s board of directors (or persons performing the equivalent functions):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(a)</TD><TD STYLE="text-align: justify">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the company&#8217;s ability to record, process, summarize and report
financial information; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(b)</TD><TD STYLE="text-align: justify">Any fraud, whether or not material, that involves management or other employees who have a significant
role in the company&#8217;s internal control over financial reporting.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 18pt">Date: April 11,  2022</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 20%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">/s/ Athanasios Feidakis</FONT></TD>
    <TD STYLE="width: 79%; padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Name: Athanasios Feidakis</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Title: Chief Financial Officer (Principal Financial Officer)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

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



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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.1
<SEQUENCE>7
<FILENAME>exhibit131.htm
<DESCRIPTION>EXHIBIT 13.1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>EXHIBIT 13.1</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECTION 906 OF THE U.S. SARBANES-OXLEY ACT OF 2002</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">In connection with this annual report of Globus Maritime Limited (the &#8220;Company&#8221;)
on Form 20-F for the year ended December 31, 2021 as filed with the Securities and Exchange Commission on or about the date hereof (the
&#8220;Report&#8221;), I, Athanasios Feidakis, President and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(1) the Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(2) the information contained in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">A signed original of this written statement has been provided to the Company
and will be retained by the Company and furnished to the SEC or its staff upon request.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date:  April 11, 2022</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 20%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">/s/ Athanasios Feidakis</FONT></TD>
    <TD STYLE="width: 79%; padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Name: Athanasios Feidakis</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Title: President and Chief Executive Officer (Principal Executive Officer)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

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



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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.2
<SEQUENCE>8
<FILENAME>exhibit132.htm
<DESCRIPTION>EXHIBIT 13.2
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;<B>EXHIBIT 13.2</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECTION 906 OF THE U.S. SARBANES-OXLEY ACT OF 2002</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">In connection with this annual report of Globus Maritime Limited (the &#8220;Company&#8221;)
on Form 20-F for the year ended December 31, 2021 as filed with the Securities and Exchange Commission on or about the date hereof (the
&#8220;Report&#8221;), I, Athanasios Feidakis, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(1) the Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(2) the information contained in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">A signed original of this written statement has been provided to the Company
and will be retained by the Company and furnished to the SEC or its staff upon request.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: April  11, 2022</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 20%; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">/s/ Athanasios Feidakis</FONT></TD>
    <TD STYLE="width: 79%; padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Name: Athanasios Feidakis</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Title: Chief Financial Officer (Principal Financial Officer)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

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



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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-15.1
<SEQUENCE>9
<FILENAME>exhibit151.htm
<DESCRIPTION>EXHIBIT 15.1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>EXHIBIT 15.1</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Consent of Independent Registered Public Accounting
Firm</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We consent to the incorporation by reference in the following Registration
Statements:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(1) Registration Statement (Form F-3 No.&nbsp;333-239250) of Globus Maritime
Limited,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(2) Registration Statement (Form F-3 No. 333-240042) of Globus Maritime
Limited, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(3) Registration Statement (Form F-3 No. 333-240265) of Globus Maritime
Limited</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">of our reports dated April&nbsp;11, 2022, with respect to the consolidated
financial statements of Globus Maritime Limited and the effectiveness of internal control over financial reporting of Globus Maritime
Limited included in this Annual Report (Form 20-F) of Globus Maritime Limited for the year ended December&nbsp;31, 2021.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">/s/ Ernst&nbsp;&amp; Young (Hellas) Certified Auditors Accountants S.A.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">April&nbsp;11, 2022</P>

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>10
<FILENAME>glbs-20211231.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by Fujitsu Interstage XWand B0228 -->
<!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.11a -->
<!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
<!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<!-- Field: Doc-Info; Name: Misc; Value: 9qI5s7xRiXgen8uCbHAsWaCB2cPtxZR1SYkxvGdyfXn6jyomdDku7yI6Nvc2cYsP -->
<schema targetNamespace="http://globusmaritime.gr/20211231" elementFormDefault="qualified" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:glbs="http://globusmaritime.gr/20211231" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:ifrs-full="http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full" xmlns:dei="http://xbrl.sec.gov/dei/2021q4" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <annotation>
    <appinfo>
      <link:linkbaseRef xlink:type="simple" xlink:href="glbs-20211231_pre.xml" xlink:title="Presentation Links" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
      <link:linkbaseRef xlink:type="simple" xlink:href="glbs-20211231_cal.xml" xlink:title="Calculation Links" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
      <link:linkbaseRef xlink:type="simple" xlink:href="glbs-20211231_def.xml" xlink:title="Definition Links" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
      <link:linkbaseRef xlink:type="simple" xlink:href="glbs-20211231_lab.xml" xlink:title="Label Links" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
      <link:roleType roleURI="http://globusmaritime.gr/role/Cover" id="Cover">
        <link:definition>00000001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss" id="StatementsOfComprehensiveIncomeloss">
        <link:definition>00000002 - Statement - Consolidated Statements of Comprehensive Income/(Loss)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/StatementsOfFinancialPosition" id="StatementsOfFinancialPosition">
        <link:definition>00000003 - Statement - Consolidated Statements of Financial Position</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/StatementsOfChangesInEquity" id="StatementsOfChangesInEquity">
        <link:definition>00000004 - Statement - Consolidated Statements of Changes in Equity</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/StatementsOfCashFlows" id="StatementsOfCashFlows">
        <link:definition>00000005 - Statement - Consolidated Statements of Cash Flows</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation" id="BasisOfPresentationAndGeneralInformation">
        <link:definition>00000006 - Disclosure - Basis of presentation and general information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies" id="BasisOfPreparationAndSignificantAccountingPolicies">
        <link:definition>00000007 - Disclosure - Basis of Preparation and Significant Accounting Policies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash" id="CashAndCashEquivalentsAndRestrictedCash">
        <link:definition>00000008 - Disclosure - Cash and cash equivalents and Restricted cash</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties" id="TransactionsWithRelatedParties">
        <link:definition>00000009 - Disclosure - Transactions with Related Parties</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VesselsNet" id="VesselsNet">
        <link:definition>00000010 - Disclosure - Vessels, net</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Inventories" id="Inventories">
        <link:definition>00000011 - Disclosure - Inventories</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/TradeAccountsPayable" id="TradeAccountsPayable">
        <link:definition>00000012 - Disclosure - Trade accounts payable</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables" id="AccruedLiabilitiesAndOtherPayables">
        <link:definition>00000013 - Disclosure - Accrued liabilities and other payables</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium" id="ShareCapitalAndSharePremium">
        <link:definition>00000014 - Disclosure - Share Capital and Share Premium</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/EarningslossPerShare" id="EarningslossPerShare">
        <link:definition>00000015 - Disclosure - Earnings/(Loss) per Share</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Long-termDebtNet" id="Long-termDebtNet">
        <link:definition>00000016 - Disclosure - Long-Term Debt, net</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareBasedPayment" id="ShareBasedPayment">
        <link:definition>00000017 - Disclosure - Share Based Payment</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses" id="VoyageExpensesAndVesselOperatingExpenses">
        <link:definition>00000018 - Disclosure - Voyage Expenses and Vessel Operating Expenses</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/AdministrativeExpenses" id="AdministrativeExpenses">
        <link:definition>00000019 - Disclosure - Administrative Expenses</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts" id="InterestExpenseAndFinanceCosts">
        <link:definition>00000020 - Disclosure - Interest Expense and Finance Costs</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Dividends" id="Dividends">
        <link:definition>00000021 - Disclosure - Dividends</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Contingencies" id="Contingencies">
        <link:definition>00000022 - Disclosure - Contingencies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Commitments" id="Commitments">
        <link:definition>00000023 - Disclosure - Commitments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/IncomeTax" id="IncomeTax">
        <link:definition>00000024 - Disclosure - Income Tax</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies" id="FinancialRiskManagementObjectivesAndPolicies">
        <link:definition>00000025 - Disclosure - Financial risk management objectives and policies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FairValues" id="FairValues">
        <link:definition>00000026 - Disclosure - Fair values</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/EventsAfterReportingDate" id="EventsAfterReportingDate">
        <link:definition>00000027 - Disclosure - Events after the reporting date</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies" id="BasisOfPreparationAndSignificantAccountingPoliciesPolicies">
        <link:definition>00000028 - Disclosure - Basis of Preparation and Significant Accounting Policies (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables" id="BasisOfPresentationAndGeneralInformationTables">
        <link:definition>00000029 - Disclosure - Basis of presentation and general information (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables" id="CashAndCashEquivalentsAndRestrictedCashTables">
        <link:definition>00000030 - Disclosure - Cash and cash equivalents and Restricted cash (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables" id="TransactionsWithRelatedPartiesTables">
        <link:definition>00000031 - Disclosure - Transactions with Related Parties (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VesselsNetTables" id="VesselsNetTables">
        <link:definition>00000032 - Disclosure - Vessels, net (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/InventoriesTables" id="InventoriesTables">
        <link:definition>00000033 - Disclosure - Inventories (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables" id="AccruedLiabilitiesAndOtherPayablesTables">
        <link:definition>00000034 - Disclosure - Accrued liabilities and other payables (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables" id="ShareCapitalAndSharePremiumTables">
        <link:definition>00000035 - Disclosure - Share Capital and Share Premium (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/EarningslossPerShareTables" id="EarningslossPerShareTables">
        <link:definition>00000036 - Disclosure - Earnings/(Loss) per Share (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Long-termDebtNetTables" id="Long-termDebtNetTables">
        <link:definition>00000037 - Disclosure - Long-Term Debt, net (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareBasedPaymentTables" id="ShareBasedPaymentTables">
        <link:definition>00000038 - Disclosure - Share Based Payment (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables" id="VoyageExpensesAndVesselOperatingExpensesTables">
        <link:definition>00000039 - Disclosure - Voyage Expenses and Vessel Operating Expenses (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/AdministrativeExpensesTables" id="AdministrativeExpensesTables">
        <link:definition>00000040 - Disclosure - Administrative Expenses (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables" id="InterestExpenseAndFinanceCostsTables">
        <link:definition>00000041 - Disclosure - Interest Expense and Finance Costs (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/CommitmentsTables" id="CommitmentsTables">
        <link:definition>00000042 - Disclosure - Commitments (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables" id="FinancialRiskManagementObjectivesAndPoliciesTables">
        <link:definition>00000043 - Disclosure - Financial risk management objectives and policies (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FairValuesTables" id="FairValuesTables">
        <link:definition>00000044 - Disclosure - Fair values (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails" id="BasisOfPresentationAndGeneralInformationDetails">
        <link:definition>00000045 - Disclosure - Basis of presentation and general information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative" id="BasisOfPresentationAndGeneralInformationDetailsNarrative">
        <link:definition>00000046 - Disclosure - Basis of presentation and general information (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative" id="BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative">
        <link:definition>00000047 - Disclosure - Basis of Preparation and Significant Accounting Policies (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails" id="CashAndCashEquivalentsAndRestrictedCashDetails">
        <link:definition>00000048 - Disclosure - Cash and cash equivalents and Restricted cash (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative" id="CashAndCashEquivalentsAndRestrictedCashDetailsNarrative">
        <link:definition>00000049 - Disclosure - Cash and cash equivalents and Restricted cash (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails" id="TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails">
        <link:definition>00000050 - Disclosure - Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails" id="TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails">
        <link:definition>00000051 - Disclosure - Transactions with Related Parties - Compensation to the Company's Executive Director (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative" id="TransactionsWithRelatedPartiesDetailsNarrative">
        <link:definition>00000052 - Disclosure - Transactions with Related Parties (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails" id="VesselsNet-ConsolidatedStatementOfFinancialPositionDetails">
        <link:definition>00000053 - Disclosure - Vessels, net - Consolidated Statement of Financial Position (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails" id="VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails">
        <link:definition>00000054 - Disclosure - Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails" id="VesselsNet-ImpairmentLossDetails">
        <link:definition>00000055 - Disclosure - Vessels, net - Impairment loss (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VesselsNetDetailsNarrative" id="VesselsNetDetailsNarrative">
        <link:definition>00000056 - Disclosure - Vessels, net (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/InventoriesDetails" id="InventoriesDetails">
        <link:definition>00000057 - Disclosure - Inventories (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative" id="TradeAccountsPayableDetailsNarrative">
        <link:definition>00000058 - Disclosure - Trade accounts payable (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails" id="AccruedLiabilitiesAndOtherPayablesDetails">
        <link:definition>00000059 - Disclosure -  Accrued liabilities and other payables (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails" id="ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails">
        <link:definition>00000060 - Disclosure - Share Capital and Share Premium - Authorised share capital (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails" id="ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails">
        <link:definition>00000061 - Disclosure - Share Capital and Share Premium - Common Shares issued and fully paid (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative" id="ShareCapitalAndSharePremiumDetailsNarrative">
        <link:definition>00000062 - Disclosure - Share Capital and Share Premium (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/EarningslossPerShareDetails" id="EarningslossPerShareDetails">
        <link:definition>00000063 - Disclosure - Earnings/(Loss) per Share (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails" id="Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails">
        <link:definition>00000064 - Disclosure -  Long-Term Debt, net - Consolidated statement of financial position (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails" id="Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails">
        <link:definition>00000065 - Disclosure -  Long-Term Debt, net - Annual loan principal payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative" id="Long-termDebtNetDetailsNarrative">
        <link:definition>00000066 - Disclosure - Long-Term Debt, net (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/ShareBasedPaymentDetails" id="ShareBasedPaymentDetails">
        <link:definition>00000067 - Disclosure -  Share Based Payment (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails" id="VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails">
        <link:definition>00000068 - Disclosure -  Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails" id="VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails">
        <link:definition>00000069 - Disclosure - Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/AdministrativeExpensesDetails" id="AdministrativeExpensesDetails">
        <link:definition>00000070 - Disclosure -  Administrative Expenses (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails" id="InterestExpenseAndFinanceCostsDetails">
        <link:definition>00000071 - Disclosure -  Interest Expense and Finance Costs (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative" id="InterestExpenseAndFinanceCostsDetailsNarrative">
        <link:definition>00000072 - Disclosure - Interest Expense and Finance Costs (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/DividendsDetailsNarrative" id="DividendsDetailsNarrative">
        <link:definition>00000073 - Disclosure - Dividends (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails" id="Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails">
        <link:definition>00000074 - Disclosure -  Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/CommitmentsDetailsNarrative" id="CommitmentsDetailsNarrative">
        <link:definition>00000075 - Disclosure - Commitments (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/IncomeTaxDetailsNarrative" id="IncomeTaxDetailsNarrative">
        <link:definition>00000076 - Disclosure - Income Tax (Details Narrative)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails" id="FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails">
        <link:definition>00000077 - Disclosure - Financial risk management objectives and policies - Interest rate risk (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails" id="FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails">
        <link:definition>00000078 - Disclosure -  Financial risk management objectives and policies - Foreign currency risk (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails" id="FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails">
        <link:definition>00000079 - Disclosure - Financial risk management objectives and policies - Concentration of credit risk table (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails" id="FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails">
        <link:definition>00000080 - Disclosure - Financial risk management objectives and policies - Liquidity risk (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://globusmaritime.gr/role/FairValuesMeasurementDetails" id="FairValuesMeasurementDetails">
        <link:definition>00000081 - Disclosure -  Fair values measurement (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </appinfo>
  </annotation>
  <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <import namespace="http://xbrl.sec.gov/dei/2021q4" schemaLocation="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd"/>
  <import namespace="http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full" schemaLocation="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd"/>
  <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd"/>
  <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd"/>
  <import namespace="http://fasb.org/srt/2021-01-31" schemaLocation="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd"/>
  <import namespace="http://fasb.org/srt-types/2021-01-31" schemaLocation="https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd"/>
  <element name="AccumulatedDeficitMember" id="glbs_AccumulatedDeficitMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="TotalMember" id="glbs_TotalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="GlobusShipmanagementCorpMember" id="glbs_GlobusShipmanagementCorpMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DevoceanMaritimeLtdMember" id="glbs_DevoceanMaritimeLtdMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DominaMaritimeLtdMember" id="glbs_DominaMaritimeLtdMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DulacMaritimeSAMember" id="glbs_DulacMaritimeSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ArtfulShipholdingSAMember" id="glbs_ArtfulShipholdingSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LongevityMaritimeLimitedMember" id="glbs_LongevityMaritimeLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="SerenaMaritimeLimitedMember" id="glbs_SerenaMaritimeLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="TalismanMaritimeLimitedMember" id="glbs_TalismanMaritimeLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ArgoMaritimeLimitedMember" id="glbs_ArgoMaritimeLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CalypsoShipholdingSAMember" id="glbs_CalypsoShipholdingSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DaxosMaritimeLimitedMember" id="glbs_DaxosMaritimeLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="OlympiaShipholdingSAMember" id="glbs_OlympiaShipholdingSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ParalusShipholdingSAMember" id="glbs_ParalusShipholdingSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="SalaminiaMaritimeLimitedMember" id="glbs_SalaminiaMaritimeLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DeferredDryDockingCostsMember" id="glbs_DeferredDryDockingCostsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="VesselsMember" id="glbs_VesselsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CiTMember" id="glbs_CiTMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="EnTrustMember" id="glbs_EnTrustMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CyberonicaSAMember" id="glbs_CyberonicaSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="Office350SquareMetersMember" id="glbs_Office350SquareMetersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="FirmentShippingIncMember" id="glbs_FirmentShippingIncMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="Office552SquareMetersMember" id="glbs_Office552SquareMetersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="AffiliatedCompanyOfCompanysCEOMember" id="glbs_AffiliatedCompanyOfCompanysCEOMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PreferredSharesMember" id="glbs_PreferredSharesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ChairmanOfTheBoardOfDirectorsMember" id="glbs_ChairmanOfTheBoardOfDirectorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="AmendedAndRestatedAgreementMember" id="glbs_AmendedAndRestatedAgreementMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="EolosShipmanagementMember" id="glbs_EolosShipmanagementMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DailyRateMember" id="glbs_DailyRateMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NonExecutiveDirectorsMember" id="glbs_NonExecutiveDirectorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ExecutiveDirectorMember" id="glbs_ExecutiveDirectorMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DryDockingMember" id="glbs_DryDockingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="CarryingAmountIMember" id="glbs_CarryingAmountIMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="GalaxyGlobeMember" id="glbs_GalaxyGlobeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DryBulkCarriersMember" id="glbs_DryBulkCarriersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NordVenusMember" id="glbs_NordVenusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="Yangze11Member" id="glbs_Yangze11Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PeakLibertyMember" id="glbs_PeakLibertyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="SupramaxMember" id="glbs_SupramaxMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="PanamaxMember" id="glbs_PanamaxMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MVRiverGlobeMember" id="glbs_MVRiverGlobeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MVSkyGlobeMember" id="glbs_MVSkyGlobeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MVStarGlobeMember" id="glbs_MVStarGlobeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MVSunGlobeMember" id="glbs_MVSunGlobeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MVMoonGlobeMember" id="glbs_MVMoonGlobeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="CommonSharesMember" id="glbs_CommonSharesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ClassBCommonSharesMember" id="glbs_ClassBCommonSharesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ClassBPreferredSharesMember" id="glbs_ClassBPreferredSharesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ConvertibleNoteMember" id="glbs_ConvertibleNoteMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="MaximGroupLLCMember" id="glbs_MaximGroupLLCMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="FortyFiveDayOptionMember" id="glbs_FortyFiveDayOptionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ClassAWarrantsMember" id="glbs_ClassAWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PPWarrantsMember" id="glbs_PPWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="InstitutionalInvestorsMember" id="glbs_InstitutionalInvestorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PreFundedWarrantsMember" id="glbs_PreFundedWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DecemberWarrantsMember" id="glbs_DecemberWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="January2021WarrantsMember" id="glbs_January2021WarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="February2021WarrantsMember" id="glbs_February2021WarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="June2021WarrantsMember" id="glbs_June2021WarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" id="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CiTLoanFacilityMember" id="glbs_CiTLoanFacilityMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="SWAPAgreementMember" id="glbs_SWAPAgreementMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PrepaymentOnOrBeforeMay2022Member" id="glbs_PrepaymentOnOrBeforeMay2022Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PrepaymentOnOrBeforeMay2023ButAfterMay2022Member" id="glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LaterThanTwoYearAndNotLaterThanThreeYearsMember" id="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NumberOfCommonSharesMember" id="glbs_NumberOfCommonSharesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="MajorChartererMember" id="glbs_MajorChartererMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MajorChartererBMember" id="glbs_MajorChartererBMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MajorChartererCMember" id="glbs_MajorChartererCMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="OtherMajorCharterersMember" id="glbs_OtherMajorCharterersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="LessThanThreeMonthsMember" id="glbs_LessThanThreeMonthsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ThreeToTwelveMonthsMember" id="glbs_ThreeToTwelveMonthsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="OneToFiveYearsMember" id="glbs_OneToFiveYearsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="MoreThanFiveYearsMember" id="glbs_MoreThanFiveYearsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="FinancialAssetsAtFairValueIMember" id="glbs_FinancialAssetsAtFairValueIMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LevelIIMember" id="glbs_LevelIIMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="FinancialLiabilitiesAtFairValueIIMember" id="glbs_FinancialLiabilitiesAtFairValueIIMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NotMeasuredAtFairValueFinancialLiabilitiesMember" id="glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="OperatingCosts" id="glbs_OperatingCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="DepreciationOfDryDockingCosts" id="glbs_DepreciationOfDryDockingCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="AdministrativeExpenseRelatedPartyTransactions" id="glbs_AdministrativeExpenseRelatedPartyTransactions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="DirectorsCompensationSharebasedPayment" id="glbs_DirectorsCompensationSharebasedPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="LossEarningsPerShareAbstract" id="glbs_LossEarningsPerShareAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="NoncurrentLiabilitiesIAbstract" id="glbs_NoncurrentLiabilitiesIAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="IssueOfPreferredShares" id="glbs_IssueOfPreferredShares" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" id="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="PaymentsOfDeferredDryDockingCosts" id="glbs_PaymentsOfDeferredDryDockingCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" id="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="DebtInstrumentPrepaymentAmount" id="glbs_DebtInstrumentPrepaymentAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="ProceedsFromWarrantExercises" id="glbs_ProceedsFromWarrantExercises" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" id="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="DescriptionOfAccountingPolicyForLesseeExplanatory" id="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" id="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DescriptionOfAccountingPolicyForRestrictedCashExplanatory" id="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DescriptionOfAccountingPolicyForInterestRateSwapExplanatory" id="glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory" id="glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfCashAndBankBalancesExplanatory" id="glbs_DisclosureOfCashAndBankBalancesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfCompensationOfNonExecutiveDirectors" id="glbs_DisclosureOfCompensationOfNonExecutiveDirectors" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfCompensationOfExecutiveDirector" id="glbs_DisclosureOfCompensationOfExecutiveDirector" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" id="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" id="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" id="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" id="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfCommonSharesExplanatory" id="glbs_DisclosureOfCommonSharesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfEarningsPerShareTableExplanatory" id="glbs_DisclosureOfEarningsPerShareTableExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" id="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfLongTermDebtAnnualPrincipalPayments" id="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfShareBasedPayment" id="glbs_DisclosureOfShareBasedPayment" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfVoyageExpenses" id="glbs_DisclosureOfVoyageExpenses" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfVesselOperatingExpenses" id="glbs_DisclosureOfVesselOperatingExpenses" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfAdministrativeExpenses" id="glbs_DisclosureOfAdministrativeExpenses" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfInterestExpenseAndFinanceCostsExplanatory" id="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" id="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfInterestRateRiskExplanatory" id="glbs_DisclosureOfInterestRateRiskExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfForeignCurrencyRiskExplanatory" id="glbs_DisclosureOfForeignCurrencyRiskExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfConcentrationOfCreditRiskExplanatory" id="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfFairValuesExplanatory" id="glbs_DisclosureOfFairValuesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" id="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="VesselDeliveryDate" id="glbs_VesselDeliveryDate" type="xbrli:dateItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="AllowanceForDoubtfulTradeReceivables" id="glbs_AllowanceForDoubtfulTradeReceivables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="IntervalBetweenVesselDrydockingSpecialSurvey" id="glbs_IntervalBetweenVesselDrydockingSpecialSurvey" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="VesselsScrapRatePerTon" id="glbs_VesselsScrapRatePerTon" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ExtraDepreciationPropertyPlantAndEquipment" id="glbs_ExtraDepreciationPropertyPlantAndEquipment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="NumberOfOperatingSegments" id="glbs_NumberOfOperatingSegments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LeaseAndNonleaseComponents" id="glbs_LeaseAndNonleaseComponents" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="CashAndCashEquivalentsFairValueDisclosure" id="glbs_CashAndCashEquivalentsFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="RestrictedCashAndCashEquivalentsFairValueDisclosure" id="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="IfrsStatementLineItems" id="glbs_IfrsStatementLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="MonthlyRentalExpense" id="glbs_MonthlyRentalExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="LeaseExpirationDate" id="glbs_LeaseExpirationDate" type="xbrli:dateItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CreditAdjustmentOfFinanceCost" id="glbs_CreditAdjustmentOfFinanceCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" id="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="ConsultingFeesExpense" id="glbs_ConsultingFeesExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="AgreedAmountOfOneTimeCashBonus" id="glbs_AgreedAmountOfOneTimeCashBonus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="OneTimeCashBonusPayment" id="glbs_OneTimeCashBonusPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="RemainingOfOneTimeCashBonusPayment" id="glbs_RemainingOfOneTimeCashBonusPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="VotingRights" id="glbs_VotingRights" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ProportionOfOwnershipInterestsHeldByControllingParty" id="glbs_ProportionOfOwnershipInterestsHeldByControllingParty" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LineOfCreditFacilityMaximumBorrowingCapacity" id="glbs_LineOfCreditFacilityMaximumBorrowingCapacity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="DescriptionOfBorrowingsScope" id="glbs_DescriptionOfBorrowingsScope" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CreditFacilityCollateraDescription" id="glbs_CreditFacilityCollateraDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LineOfCreditFacilityDrawndownAmountsMultiples" id="glbs_LineOfCreditFacilityDrawndownAmountsMultiples" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="BorrowingsDefaultInterestRate" id="glbs_BorrowingsDefaultInterestRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="DebtInstrumentConversionPriceDescription" id="glbs_DebtInstrumentConversionPriceDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DebtInstrumentConvertibleConversionPrice" id="glbs_DebtInstrumentConvertibleConversionPrice" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="AccruedDirectorsCompensation" id="glbs_AccruedDirectorsCompensation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="AccumulatedDepreciationPropertyPlantAndEquipment" id="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="DepreciationOfficeFurnitureAndEquipment" id="glbs_DepreciationOfficeFurnitureAndEquipment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="VesselYearBuilt" id="glbs_VesselYearBuilt" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="VesselType" id="glbs_VesselType" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="VesselCapacity" id="glbs_VesselCapacity" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DryDockingCostCapitalised" id="glbs_DryDockingCostCapitalised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="WeightedAverageCostOfCapital" id="glbs_WeightedAverageCostOfCapital" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="TimePeriodConsidered" id="glbs_TimePeriodConsidered" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="AssumptionOfExpectedRatesOfInflation" id="glbs_AssumptionOfExpectedRatesOfInflation" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="AssumptionOfFleetUtilisationRate" id="glbs_AssumptionOfFleetUtilisationRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="LubricantsInventoryCurrent" id="glbs_LubricantsInventoryCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="GasCylindersInventoryCurrent" id="glbs_GasCylindersInventoryCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="BunkerInventoryCurrent" id="glbs_BunkerInventoryCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="AccruedAuditFeesCurrent" id="glbs_AccruedAuditFeesCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="OtherAccruals" id="glbs_OtherAccruals" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="CurrentInsuranceDeductibles" id="glbs_CurrentInsuranceDeductibles" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="ValueOfSharesAuthorised" id="glbs_ValueOfSharesAuthorised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" id="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" id="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" id="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" id="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" id="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NumberOfSharesCalledByWarrants" id="glbs_NumberOfSharesCalledByWarrants" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="NumberOfWarrantsOutstanding" id="glbs_NumberOfWarrantsOutstanding" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="PurchasePriceOfOutstandingWarrants" id="glbs_PurchasePriceOfOutstandingWarrants" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="BasicAndDilutedEarningsLossPerShare" id="glbs_BasicAndDilutedEarningsLossPerShare" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="BorrowingsGross" id="glbs_BorrowingsGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="DebtInstrumentUnamortisedDiscount" id="glbs_DebtInstrumentUnamortisedDiscount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="CurrentPortionOfLongTermBorrowingsGross" id="glbs_CurrentPortionOfLongTermBorrowingsGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="CurrentPortionOfDebtInstrumentUnamortisedDiscount" id="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="LongTermBorrowingsGross" id="glbs_LongTermBorrowingsGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="LongTermDebtInstrumentUnamortisedDiscount" id="glbs_LongTermDebtInstrumentUnamortisedDiscount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="DebtInstrumentConvertibleConversionMultiplier" id="glbs_DebtInstrumentConvertibleConversionMultiplier" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DebtInstrumentInterestRateStatedPercentage" id="glbs_DebtInstrumentInterestRateStatedPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" id="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PercentageOfCoverageOfBorrowingCapacity" id="glbs_PercentageOfCoverageOfBorrowingCapacity" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="PercentageOfUpfrontFeeInLoanAgreement" id="glbs_PercentageOfUpfrontFeeInLoanAgreement" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="NumberOfLoanTranches" id="glbs_NumberOfLoanTranches" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="DebtInstrumentNumberOfRepaymentInstallments" id="glbs_DebtInstrumentNumberOfRepaymentInstallments" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="BorrowingsFrequencyOfPeriodicPayment" id="glbs_BorrowingsFrequencyOfPeriodicPayment" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="BorrowingsPeriodicPayment" id="glbs_BorrowingsPeriodicPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" id="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="DebtSecuritiesCovenants" id="glbs_DebtSecuritiesCovenants" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="OtherVoyageExpense" id="glbs_OtherVoyageExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="StoresExpense" id="glbs_StoresExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="PersonnelExpense" id="glbs_PersonnelExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="StationeryExpense" id="glbs_StationeryExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="AmortizationOfDebtDiscount" id="glbs_AmortizationOfDebtDiscount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="IncreaseInInterestRates" id="glbs_IncreaseInInterestRates" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" id="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="DecreaseInInterestRates" id="glbs_DecreaseInInterestRates" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" id="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="IncreaseInExchangeRates" id="glbs_IncreaseInExchangeRates" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DecreaseInExchangeRates" id="glbs_DecreaseInExchangeRates" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill" id="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="AccumulatedDepreciationSaleOfPropertyPlantAndEquipment" id="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="AccumulatedDepreciationSaleOfSubsidiary" id="glbs_AccumulatedDepreciationSaleOfSubsidiary" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="AdjustedBookCapiltaisationPlusNetDebt" id="glbs_AdjustedBookCapiltaisationPlusNetDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="AdjustedBookCapitalisation" id="glbs_AdjustedBookCapitalisation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="AdjustmentsForIncreaseDecreaseInDeferredRevenue" id="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="AmountDeferredToTheBalloonPayment" id="glbs_AmountDeferredToTheBalloonPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="AmountOfEquityToBeRaised" id="glbs_AmountOfEquityToBeRaised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="ApplicableGracePeriod" id="glbs_ApplicableGracePeriod" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="AssumedExpectedVolatilityRate" id="glbs_AssumedExpectedVolatilityRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="AssumptionOfAnnualGrowthRatesOfTimeCharterRates" id="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="AverageLogarithmicPriceChangeAssumed" id="glbs_AverageLogarithmicPriceChangeAssumed" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="BackEndFeePercentage" id="glbs_BackEndFeePercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="BorrowingsFaceAmount" id="glbs_BorrowingsFaceAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="BorrowingsNumberOfPeriodicPayments" id="glbs_BorrowingsNumberOfPeriodicPayments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="BorrowingsPercentageBearingFixedInterestRate" id="glbs_BorrowingsPercentageBearingFixedInterestRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" id="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="CashSegregatedUnderCovenantRequirements" id="glbs_CashSegregatedUnderCovenantRequirements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="ClosingStockPrice" id="glbs_ClosingStockPrice" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="CompensatingBalanceAmount" id="glbs_CompensatingBalanceAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="CompensatingBalanceAmountPerVessel" id="glbs_CompensatingBalanceAmountPerVessel" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="ConvertibleDebtIncludingEmbeddedDerivative" id="glbs_ConvertibleDebtIncludingEmbeddedDerivative" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="ConvertibleNotesRedemptionPricePercentage" id="glbs_ConvertibleNotesRedemptionPricePercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CreditFacilityAxis" id="glbs_CreditFacilityAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" id="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="DailyConsultingFeeIncome" id="glbs_DailyConsultingFeeIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="DebtInstrumentConvertibleRemainingTradingDays" id="glbs_DebtInstrumentConvertibleRemainingTradingDays" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DebtInstrumentConvertibleThresholdTradingDays" id="glbs_DebtInstrumentConvertibleThresholdTradingDays" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DebtInstrumentPaymentPeriodAxis" id="glbs_DebtInstrumentPaymentPeriodAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="DebtInstrumentPaymentPeriodMember" id="glbs_DebtInstrumentPaymentPeriodMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="DebtInstrumentPaymentPeriodOneMember" id="glbs_DebtInstrumentPaymentPeriodOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="DeferralFeePercentage" id="glbs_DeferralFeePercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DerivativeLifeSignificantUnobservableInputsLiabilities" id="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DescriptionOfAccountingPolicyForLessorExplanatory" id="glbs_DescriptionOfAccountingPolicyForLessorExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants" id="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants" id="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="DisclosureOfCapitalManagementExplanatory" id="glbs_DisclosureOfCapitalManagementExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfDividends" id="glbs_DisclosureOfDividends" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfFutureMinimumLeasePaymentsExplanatory" id="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfLiquidityRisksExplanatory" id="glbs_DisclosureOfLiquidityRisksExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfPreferredSharesExplanatory" id="glbs_DisclosureOfPreferredSharesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory" id="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DisclosureOfRecoverableAmountOfAssetsExplanatory" id="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DividendPayableDateToBePaidDayMonthAndYear" id="glbs_DividendPayableDateToBePaidDayMonthAndYear" type="xbrli:dateItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DividendsAxis" id="glbs_DividendsAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="DividendsMember" id="glbs_DividendsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="DividendsPayableDateDeclaredDayMonthAndYear" id="glbs_DividendsPayableDateDeclaredDayMonthAndYear" type="xbrli:dateItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="DividendsPayableLineItems" id="glbs_DividendsPayableLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="DividendsPayableTable" id="glbs_DividendsPayableTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="ExercisePriceOfOutstandingWarrants" id="glbs_ExercisePriceOfOutstandingWarrants" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="ExpectedDividendYieldSignificantUnobservableInputsLiabilities" id="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio" id="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1" id="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="IncreaseDecreaseInNumberOfPreferredSharesIssued" id="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="IncreaseDecreaseVoyageExpenses" id="glbs_IncreaseDecreaseVoyageExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="IncreaseDecreaseVoyageRevenues" id="glbs_IncreaseDecreaseVoyageRevenues" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="InterestRateSignificantUnobservableInputsLiabilities1" id="glbs_InterestRateSignificantUnobservableInputsLiabilities1" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LineOfCreditFacilityDecreaseForgiveness" id="glbs_LineOfCreditFacilityDecreaseForgiveness" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="LiquidityToConsolidatedIndebtednessRatio" id="glbs_LiquidityToConsolidatedIndebtednessRatio" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="LoanPrincipalAmountDeferred" id="glbs_LoanPrincipalAmountDeferred" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="ManagementDailyFee" id="glbs_ManagementDailyFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="MarketAdjustedNetWorth" id="glbs_MarketAdjustedNetWorth" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="MarketAdjustedNetWorthToTotalAssetsRatio" id="glbs_MarketAdjustedNetWorthToTotalAssetsRatio" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants" id="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="MinimumBidPriceContinuedListingRequirement" id="glbs_MinimumBidPriceContinuedListingRequirement" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="MinimumBidPriceContinuedListingRequirementDays" id="glbs_MinimumBidPriceContinuedListingRequirementDays" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" id="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" id="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="MinimumLiquidAssets" id="glbs_MinimumLiquidAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="MinimumPossibleConversionPrice" id="glbs_MinimumPossibleConversionPrice" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="MonthlyDepreciationRightofuseAssets" id="glbs_MonthlyDepreciationRightofuseAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NetDebtIncludingEmbeddedDerivative" id="glbs_NetDebtIncludingEmbeddedDerivative" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="instant"/>
  <element name="NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio" id="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" id="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="NumberOfIterations" id="glbs_NumberOfIterations" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NumberOfSharesHeldByControllingParty" id="glbs_NumberOfSharesHeldByControllingParty" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="NumberOfSharesSold" id="glbs_NumberOfSharesSold" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NumberOfWarrantsExercised" id="glbs_NumberOfWarrantsExercised" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PercentageBelowFloorPrice" id="glbs_PercentageBelowFloorPrice" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="PeriodOfInterestRatesAxis" id="glbs_PeriodOfInterestRatesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration"/>
  <element name="PriceFloor" id="glbs_PriceFloor" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="ProfitLossFromNonOperatingActivities" id="glbs_ProfitLossFromNonOperatingActivities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="PropertyPlantAndEquipmentFairValueAdjustment" id="glbs_PropertyPlantAndEquipmentFairValueAdjustment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="RentalAnnualIncreaseRateAboveInflation" id="glbs_RentalAnnualIncreaseRateAboveInflation" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="RestrictedCashCollateralBreached" id="glbs_RestrictedCashCollateralBreached" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="ReverseStockSplitConversionRatio" id="glbs_ReverseStockSplitConversionRatio" type="xbrli:pureItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="StockRedeemedDuringPeriodShares" id="glbs_StockRedeemedDuringPeriodShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="StockRedeemedDuringPeriodValue" id="glbs_StockRedeemedDuringPeriodValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="TotalLiabilitiesToMarketAdjustedTotalAssetsRatio" id="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="UnrealizedCashAndCashEquivalents" id="glbs_UnrealizedCashAndCashEquivalents" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="instant"/>
  <element name="UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1" id="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="WarrantsExpense" id="glbs_WarrantsExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
  <element name="DisclosureOfAdvancesForVesselsAcquisitionExplanatory" id="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants" id="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="BasicAndDilutedLossPerShare" id="glbs_BasicAndDilutedLossPerShare" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="NumberOfVesselsFleet" id="glbs_NumberOfVesselsFleet" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant"/>
  <element name="PercentatgeOfPurchasePrice" id="glbs_PercentatgeOfPurchasePrice" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="CashPaymentsForImprovements" id="glbs_CashPaymentsForImprovements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="DailyFeeAndCommissionIncome" id="glbs_DailyFeeAndCommissionIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="credit" xbrli:periodType="duration"/>
  <element name="DisclosureOfVoyageAndVesselOperatingExpenses" id="glbs_DisclosureOfVoyageAndVesselOperatingExpenses" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="ReverseStockSplitConversionRatio1" id="glbs_ReverseStockSplitConversionRatio1" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration"/>
  <element name="AccruedLoanInterestAndFinancingFees" id="glbs_AccruedLoanInterestAndFinancingFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:balance="debit" xbrli:periodType="duration"/>
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>11
<FILENAME>glbs-20211231_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by Fujitsu Interstage XWand B0228 -->
<!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.11a -->
<!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
<!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="http://globusmaritime.gr/role/Cover" xlink:type="simple" xlink:href="glbs-20211231.xsd#Cover"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfComprehensiveIncomeloss"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfFinancialPosition" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfFinancialPosition"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfChangesInEquity" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfChangesInEquity"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfCashFlows" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfCashFlows"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformation"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCash"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Inventories" xlink:type="simple" xlink:href="glbs-20211231.xsd#Inventories"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TradeAccountsPayable" xlink:type="simple" xlink:href="glbs-20211231.xsd#TradeAccountsPayable"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShare" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShare"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPayment" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPayment"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpenses" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpenses"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCosts"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Dividends" xlink:type="simple" xlink:href="glbs-20211231.xsd#Dividends"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Contingencies" xlink:type="simple" xlink:href="glbs-20211231.xsd#Contingencies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Commitments" xlink:type="simple" xlink:href="glbs-20211231.xsd#Commitments"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/IncomeTax" xlink:type="simple" xlink:href="glbs-20211231.xsd#IncomeTax"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValues" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValues"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EventsAfterReportingDate" xlink:type="simple" xlink:href="glbs-20211231.xsd#EventsAfterReportingDate"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPoliciesPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedPartiesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNetTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNetTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InventoriesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#InventoriesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayablesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremiumTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShareTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShareTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNetTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNetTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPaymentTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPaymentTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpensesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpensesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpensesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CommitmentsTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#CommitmentsTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPoliciesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValuesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValuesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedPartiesDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ImpairmentLossDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNetDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNetDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InventoriesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#InventoriesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#TradeAccountsPayableDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayablesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremiumDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShareDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShareDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNetDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPaymentDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPaymentDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/DividendsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#DividendsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CommitmentsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#CommitmentsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/IncomeTaxDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#IncomeTaxDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValuesMeasurementDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValuesMeasurementDetails"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Cover" xlink:title="00000001 - Document - Cover"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss" xlink:title="00000002 - Statement - Consolidated Statements of Comprehensive Income/(Loss)">
    <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="loc_ifrs-fullComprehensiveIncome"/>
    <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="loc_ifrs-fullProfitLoss"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullComprehensiveIncome" xlink:to="loc_ifrs-fullProfitLoss" order="1.0" weight="1"/>
    <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="loc_ifrs-fullProfitLossFromOperatingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLoss" xlink:to="loc_ifrs-fullProfitLossFromOperatingActivities" order="1.0" weight="1"/>
    <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="loc_ifrs-fullRevenue"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullRevenue" order="1.0" weight="1"/>
    <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="loc_ifrs-fullRevenueFromRenderingOfServices"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullRevenue" xlink:to="loc_ifrs-fullRevenueFromRenderingOfServices" order="1.0" weight="1"/>
    <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_FeeAndCommissionIncome" xlink:label="loc_ifrs-fullFeeAndCommissionIncome"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullRevenue" xlink:to="loc_ifrs-fullFeeAndCommissionIncome" order="2.0" weight="1"/>
    <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="loc_ifrs-fullServicesExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullServicesExpense" order="2.0" weight="-1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OperatingCosts" xlink:label="loc_glbsOperatingCosts"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_glbsOperatingCosts" order="3.0" weight="-1"/>
    <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="loc_ifrs-fullDepreciationExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullDepreciationExpense" order="4.0" weight="-1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DepreciationOfDryDockingCosts" xlink:label="loc_glbsDepreciationOfDryDockingCosts"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_glbsDepreciationOfDryDockingCosts" order="5.0" weight="-1"/>
    <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="loc_ifrs-fullAdministrativeExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullAdministrativeExpense" order="6.0" weight="-1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:label="loc_glbsAdministrativeExpenseRelatedPartyTransactions"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_glbsAdministrativeExpenseRelatedPartyTransactions" order="7.0" weight="-1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DirectorsCompensationSharebasedPayment" xlink:label="loc_glbsDirectorsCompensationSharebasedPayment"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_glbsDirectorsCompensationSharebasedPayment" order="8.0" weight="-1"/>
    <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="loc_ifrs-fullImpairmentLoss"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullImpairmentLoss" order="9.0" weight="-1"/>
    <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="loc_ifrs-fullOtherOperatingIncomeExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" order="10.0" weight="1"/>
    <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="loc_ifrs-fullRevenueFromInterest"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLoss" xlink:to="loc_ifrs-fullRevenueFromInterest" order="2.0" weight="1"/>
    <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="loc_ifrs-fullFinanceCosts"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLoss" xlink:to="loc_ifrs-fullFinanceCosts" order="3.0" weight="-1"/>
    <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="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLoss" xlink:to="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives" order="4.0" weight="1"/>
    <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="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLoss" xlink:to="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" order="5.0" weight="1"/>
    <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="loc_ifrs-fullOtherComprehensiveIncome"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullComprehensiveIncome" xlink:to="loc_ifrs-fullOtherComprehensiveIncome" order="2.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfFinancialPosition" xlink:title="00000003 - Statement - Consolidated Statements of Financial Position">
    <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="loc_ifrs-fullAssets"/>
    <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="loc_ifrs-fullNoncurrentAssets"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAssets" xlink:to="loc_ifrs-fullNoncurrentAssets" order="1.0" weight="1"/>
    <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="loc_ifrs-fullShips"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullShips" order="1.0" weight="1"/>
    <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="loc_ifrs-fullOfficeEquipment"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullOfficeEquipment" order="2.0" weight="1"/>
    <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="loc_ifrs-fullRightofuseAssets"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullRightofuseAssets" order="3.0" weight="1"/>
    <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="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents" order="4.0" weight="1"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialAssets"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialAssets" order="5.0" weight="1"/>
    <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="loc_ifrs-fullOtherNoncurrentAssets"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullOtherNoncurrentAssets" order="6.0" weight="1"/>
    <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="loc_ifrs-fullCurrentAssets"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAssets" xlink:to="loc_ifrs-fullCurrentAssets" order="2.0" weight="1"/>
    <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="loc_ifrs-fullTradeAndOtherCurrentReceivables"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullTradeAndOtherCurrentReceivables" order="1.0" weight="1"/>
    <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="loc_ifrs-fullInventories"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullInventories" order="2.0" weight="1"/>
    <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="loc_ifrs-fullCurrentPrepaymentsAndOtherCurrentAssets"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullCurrentPrepaymentsAndOtherCurrentAssets" order="3.0" weight="1"/>
    <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="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents" order="4.0" weight="1"/>
    <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="loc_ifrs-fullCashAndCashEquivalents"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullCashAndCashEquivalents" order="5.0" weight="1"/>
    <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="loc_ifrs-fullEquityAndLiabilities"/>
    <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="loc_ifrs-fullEquity"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAndLiabilities" xlink:to="loc_ifrs-fullEquity" order="1.0" weight="1"/>
    <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="loc_ifrs-fullIssuedCapital"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquity" xlink:to="loc_ifrs-fullIssuedCapital" order="1.0" weight="1"/>
    <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="loc_ifrs-fullSharePremium"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquity" xlink:to="loc_ifrs-fullSharePremium" order="2.0" weight="1"/>
    <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="loc_ifrs-fullRetainedEarnings"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquity" xlink:to="loc_ifrs-fullRetainedEarnings" order="3.0" weight="1"/>
    <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="loc_ifrs-fullLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAndLiabilities" xlink:to="loc_ifrs-fullLiabilities" order="2.0" weight="1"/>
    <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="loc_ifrs-fullNoncurrentLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLiabilities" xlink:to="loc_ifrs-fullNoncurrentLiabilities" order="1.0" weight="1"/>
    <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="loc_ifrs-fullLongtermBorrowings"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullLongtermBorrowings" order="1.0" weight="1"/>
    <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="loc_ifrs-fullNoncurrentProvisionsForEmployeeBenefits"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullNoncurrentProvisionsForEmployeeBenefits" order="2.0" weight="1"/>
    <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="loc_ifrs-fullNoncurrentLeaseLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities" order="3.0" weight="1"/>
    <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="loc_ifrs-fullCurrentLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLiabilities" xlink:to="loc_ifrs-fullCurrentLiabilities" order="2.0" weight="1"/>
    <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="loc_ifrs-fullCurrentPortionOfLongtermBorrowings"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullCurrentPortionOfLongtermBorrowings" order="1.0" weight="1"/>
    <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="loc_ifrs-fullTradeAndOtherCurrentPayables"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayables" order="2.0" weight="1"/>
    <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="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities" order="3.0" weight="1"/>
    <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="loc_ifrs-fullCurrentLeaseLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities" order="4.0" weight="1"/>
    <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="loc_ifrs-fullCurrentDerivativeFinancialLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullCurrentDerivativeFinancialLiabilities" order="5.0" weight="1"/>
    <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="loc_ifrs-fullDeferredIncomeIncludingContractLiabilities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullDeferredIncomeIncludingContractLiabilities" order="6.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfChangesInEquity" xlink:title="00000004 - Statement - Consolidated Statements of Changes in Equity"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfCashFlows" xlink:title="00000005 - Statement - Consolidated Statements of Cash Flows">
    <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="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" order="1.0" weight="1"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" order="2.0" weight="1"/>
    <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="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" order="1.0" weight="-1"/>
    <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_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" order="2.0" weight="-1"/>
    <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="loc_ifrs-fullPurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullPurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" order="3.0" weight="-1"/>
    <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="loc_ifrs-fullInterestReceivedClassifiedAsInvestingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullInterestReceivedClassifiedAsInvestingActivities" order="4.0" weight="1"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" order="3.0" weight="1"/>
    <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="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities" order="1.0" weight="1"/>
    <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="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" order="2.0" weight="-1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPrepaymentAmount" xlink:label="loc_glbsDebtInstrumentPrepaymentAmount"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_glbsDebtInstrumentPrepaymentAmount" order="3.0" weight="-1"/>
    <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="loc_ifrs-fullProceedsFromIssuingShares"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullProceedsFromIssuingShares" order="4.0" weight="1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProceedsFromWarrantExercises" xlink:label="loc_glbsProceedsFromWarrantExercises"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_glbsProceedsFromWarrantExercises" order="5.0" weight="1"/>
    <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="loc_ifrs-fullPaymentsForShareIssueCosts"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullPaymentsForShareIssueCosts" order="6.0" weight="-1"/>
    <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_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:label="loc_ifrs-fullCashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullCashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" order="7.0" weight="1"/>
    <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="loc_ifrs-fullPaymentsForDebtIssueCosts"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullPaymentsForDebtIssueCosts" order="8.0" weight="-1"/>
    <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="loc_ifrs-fullPaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullPaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" order="9.0" weight="-1"/>
    <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="loc_ifrs-fullInterestPaidClassifiedAsFinancingActivities"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullInterestPaidClassifiedAsFinancingActivities" order="10.0" weight="-1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation" xlink:title="00000006 - Disclosure - Basis of presentation and general information"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies" xlink:title="00000007 - Disclosure - Basis of Preparation and Significant Accounting Policies"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash" xlink:title="00000008 - Disclosure - Cash and cash equivalents and Restricted cash"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties" xlink:title="00000009 - Disclosure - Transactions with Related Parties"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet" xlink:title="00000010 - Disclosure - Vessels, net"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Inventories" xlink:title="00000011 - Disclosure - Inventories"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TradeAccountsPayable" xlink:title="00000012 - Disclosure - Trade accounts payable"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables" xlink:title="00000013 - Disclosure - Accrued liabilities and other payables"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium" xlink:title="00000014 - Disclosure - Share Capital and Share Premium"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShare" xlink:title="00000015 - Disclosure - Earnings/(Loss) per Share"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet" xlink:title="00000016 - Disclosure - Long-Term Debt, net"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPayment" xlink:title="00000017 - Disclosure - Share Based Payment"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses" xlink:title="00000018 - Disclosure - Voyage Expenses and Vessel Operating Expenses"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpenses" xlink:title="00000019 - Disclosure - Administrative Expenses"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts" xlink:title="00000020 - Disclosure - Interest Expense and Finance Costs"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Dividends" xlink:title="00000021 - Disclosure - Dividends"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Contingencies" xlink:title="00000022 - Disclosure - Contingencies"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Commitments" xlink:title="00000023 - Disclosure - Commitments"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/IncomeTax" xlink:title="00000024 - Disclosure - Income Tax"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies" xlink:title="00000025 - Disclosure - Financial risk management objectives and policies"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValues" xlink:title="00000026 - Disclosure - Fair values"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EventsAfterReportingDate" xlink:title="00000027 - Disclosure - Events after the reporting date"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies" xlink:title="00000028 - Disclosure - Basis of Preparation and Significant Accounting Policies (Policies)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables" xlink:title="00000029 - Disclosure - Basis of presentation and general information (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables" xlink:title="00000030 - Disclosure - Cash and cash equivalents and Restricted cash (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables" xlink:title="00000031 - Disclosure - Transactions with Related Parties (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNetTables" xlink:title="00000032 - Disclosure - Vessels, net (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InventoriesTables" xlink:title="00000033 - Disclosure - Inventories (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables" xlink:title="00000034 - Disclosure - Accrued liabilities and other payables (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables" xlink:title="00000035 - Disclosure - Share Capital and Share Premium (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShareTables" xlink:title="00000036 - Disclosure - Earnings/(Loss) per Share (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNetTables" xlink:title="00000037 - Disclosure - Long-Term Debt, net (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPaymentTables" xlink:title="00000038 - Disclosure - Share Based Payment (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables" xlink:title="00000039 - Disclosure - Voyage Expenses and Vessel Operating Expenses (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpensesTables" xlink:title="00000040 - Disclosure - Administrative Expenses (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables" xlink:title="00000041 - Disclosure - Interest Expense and Finance Costs (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CommitmentsTables" xlink:title="00000042 - Disclosure - Commitments (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables" xlink:title="00000043 - Disclosure - Financial risk management objectives and policies (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValuesTables" xlink:title="00000044 - Disclosure - Fair values (Tables)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails" xlink:title="00000045 - Disclosure - Basis of presentation and general information (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative" xlink:title="00000046 - Disclosure - Basis of presentation and general information (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative" xlink:title="00000047 - Disclosure - Basis of Preparation and Significant Accounting Policies (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails" xlink:title="00000048 - Disclosure - Cash and cash equivalents and Restricted cash (Details)">
    <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="loc_ifrs-fullCashAndCashEquivalents"/>
    <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="loc_ifrs-fullCashOnHand"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashAndCashEquivalents" xlink:to="loc_ifrs-fullCashOnHand" order="1.0" weight="1"/>
    <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="loc_ifrs-fullBalancesWithBanks"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashAndCashEquivalents" xlink:to="loc_ifrs-fullBalancesWithBanks" order="2.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative" xlink:title="00000049 - Disclosure - Cash and cash equivalents and Restricted cash (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails" xlink:title="00000050 - Disclosure - Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)">
    <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_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation"/>
    <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_DirectorsRemunerationExpense" xlink:label="loc_ifrs-fullDirectorsRemunerationExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullKeyManagementPersonnelCompensation" xlink:to="loc_ifrs-fullDirectorsRemunerationExpense" order="1.0" weight="1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DirectorsCompensationSharebasedPayment" xlink:label="loc_glbsDirectorsCompensationSharebasedPayment"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullKeyManagementPersonnelCompensation" xlink:to="loc_glbsDirectorsCompensationSharebasedPayment" order="2.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails" xlink:title="00000051 - Disclosure - Transactions with Related Parties - Compensation to the Company's Executive Director (Details)">
    <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_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation"/>
    <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_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullKeyManagementPersonnelCompensation" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits" order="1.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative" xlink:title="00000052 - Disclosure - Transactions with Related Parties (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:title="00000053 - Disclosure - Vessels, net - Consolidated Statement of Financial Position (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails" xlink:title="00000054 - Disclosure - Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails" xlink:title="00000055 - Disclosure - Vessels, net - Impairment loss (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNetDetailsNarrative" xlink:title="00000056 - Disclosure - Vessels, net (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InventoriesDetails" xlink:title="00000057 - Disclosure - Inventories (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative" xlink:title="00000058 - Disclosure - Trade accounts payable (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails" xlink:title="00000059 - Disclosure -  Accrued liabilities and other payables (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails" xlink:title="00000060 - Disclosure - Share Capital and Share Premium - Authorised share capital (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails" xlink:title="00000061 - Disclosure - Share Capital and Share Premium - Common Shares issued and fully paid (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative" xlink:title="00000062 - Disclosure - Share Capital and Share Premium (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShareDetails" xlink:title="00000063 - Disclosure - Earnings/(Loss) per Share (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:title="00000064 - Disclosure -  Long-Term Debt, net - Consolidated statement of financial position (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails" xlink:title="00000065 - Disclosure -  Long-Term Debt, net - Annual loan principal payments (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative" xlink:title="00000066 - Disclosure - Long-Term Debt, net (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPaymentDetails" xlink:title="00000067 - Disclosure -  Share Based Payment (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails" xlink:title="00000068 - Disclosure -  Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)">
    <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="loc_ifrs-fullServicesExpense"/>
    <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_FeeAndCommissionExpense" xlink:label="loc_ifrs-fullFeeAndCommissionExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullServicesExpense" xlink:to="loc_ifrs-fullFeeAndCommissionExpense" order="1.0" weight="1"/>
    <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_FuelExpense" xlink:label="loc_ifrs-fullFuelExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullServicesExpense" xlink:to="loc_ifrs-fullFuelExpense" order="2.0" weight="1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherVoyageExpense" xlink:label="loc_glbsOtherVoyageExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullServicesExpense" xlink:to="loc_glbsOtherVoyageExpense" order="3.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails" xlink:title="00000069 - Disclosure - Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)">
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OperatingCosts" xlink:label="loc_glbsOperatingCosts"/>
    <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_WagesAndSalaries" xlink:label="loc_ifrs-fullWagesAndSalaries"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_glbsOperatingCosts" xlink:to="loc_ifrs-fullWagesAndSalaries" order="1.0" weight="1"/>
    <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_InsuranceExpense" xlink:label="loc_ifrs-fullInsuranceExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_glbsOperatingCosts" xlink:to="loc_ifrs-fullInsuranceExpense" order="2.0" weight="1"/>
    <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_RepairsAndMaintenanceExpense" xlink:label="loc_ifrs-fullRepairsAndMaintenanceExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_glbsOperatingCosts" xlink:to="loc_ifrs-fullRepairsAndMaintenanceExpense" order="3.0" weight="1"/>
    <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_RawMaterialsAndConsumablesUsed" xlink:label="loc_ifrs-fullRawMaterialsAndConsumablesUsed"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_glbsOperatingCosts" xlink:to="loc_ifrs-fullRawMaterialsAndConsumablesUsed" order="4.0" weight="1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StoresExpense" xlink:label="loc_glbsStoresExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_glbsOperatingCosts" xlink:to="loc_glbsStoresExpense" order="5.0" weight="1"/>
    <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_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_glbsOperatingCosts" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense" order="6.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpensesDetails" xlink:title="00000070 - Disclosure -  Administrative Expenses (Details)">
    <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="loc_ifrs-fullAdministrativeExpense"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PersonnelExpense" xlink:label="loc_glbsPersonnelExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAdministrativeExpense" xlink:to="loc_glbsPersonnelExpense" order="1.0" weight="1"/>
    <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_AuditorsRemuneration" xlink:label="loc_ifrs-fullAuditorsRemuneration"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAdministrativeExpense" xlink:to="loc_ifrs-fullAuditorsRemuneration" order="2.0" weight="1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConsultingFeesExpense" xlink:label="loc_glbsConsultingFeesExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAdministrativeExpense" xlink:to="loc_glbsConsultingFeesExpense" order="3.0" weight="1"/>
    <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_CommunicationExpense" xlink:label="loc_ifrs-fullCommunicationExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAdministrativeExpense" xlink:to="loc_ifrs-fullCommunicationExpense" order="4.0" weight="1"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StationeryExpense" xlink:label="loc_glbsStationeryExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAdministrativeExpense" xlink:to="loc_glbsStationeryExpense" order="5.0" weight="1"/>
    <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_TaxExpenseOtherThanIncomeTaxExpense" xlink:label="loc_ifrs-fullTaxExpenseOtherThanIncomeTaxExpense"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAdministrativeExpense" xlink:to="loc_ifrs-fullTaxExpenseOtherThanIncomeTaxExpense" order="6.0" weight="1"/>
    <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_OtherExpenseByNature" xlink:label="loc_ifrs-fullOtherExpenseByNature"/>
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAdministrativeExpense" xlink:to="loc_ifrs-fullOtherExpenseByNature" order="7.0" weight="1"/>
  </link:calculationLink>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails" xlink:title="00000071 - Disclosure -  Interest Expense and Finance Costs (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative" xlink:title="00000072 - Disclosure - Interest Expense and Finance Costs (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/DividendsDetailsNarrative" xlink:title="00000073 - Disclosure - Dividends (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails" xlink:title="00000074 - Disclosure -  Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CommitmentsDetailsNarrative" xlink:title="00000075 - Disclosure - Commitments (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/IncomeTaxDetailsNarrative" xlink:title="00000076 - Disclosure - Income Tax (Details Narrative)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails" xlink:title="00000077 - Disclosure - Financial risk management objectives and policies - Interest rate risk (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails" xlink:title="00000078 - Disclosure -  Financial risk management objectives and policies - Foreign currency risk (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails" xlink:title="00000079 - Disclosure - Financial risk management objectives and policies - Concentration of credit risk table (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails" xlink:title="00000080 - Disclosure - Financial risk management objectives and policies - Liquidity risk (Details)"/>
  <link:calculationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValuesMeasurementDetails" xlink:title="00000081 - Disclosure -  Fair values measurement (Details)"/>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>12
<FILENAME>glbs-20211231_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by Fujitsu Interstage XWand B0228 -->
<!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.11a -->
<!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
<!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="http://globusmaritime.gr/role/Cover" xlink:type="simple" xlink:href="glbs-20211231.xsd#Cover"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfComprehensiveIncomeloss"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfFinancialPosition" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfFinancialPosition"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfChangesInEquity" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfChangesInEquity"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfCashFlows" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfCashFlows"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformation"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCash"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Inventories" xlink:type="simple" xlink:href="glbs-20211231.xsd#Inventories"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TradeAccountsPayable" xlink:type="simple" xlink:href="glbs-20211231.xsd#TradeAccountsPayable"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShare" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShare"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPayment" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPayment"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpenses" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpenses"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCosts"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Dividends" xlink:type="simple" xlink:href="glbs-20211231.xsd#Dividends"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Contingencies" xlink:type="simple" xlink:href="glbs-20211231.xsd#Contingencies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Commitments" xlink:type="simple" xlink:href="glbs-20211231.xsd#Commitments"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/IncomeTax" xlink:type="simple" xlink:href="glbs-20211231.xsd#IncomeTax"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValues" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValues"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EventsAfterReportingDate" xlink:type="simple" xlink:href="glbs-20211231.xsd#EventsAfterReportingDate"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPoliciesPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedPartiesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNetTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNetTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InventoriesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#InventoriesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayablesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremiumTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShareTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShareTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNetTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNetTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPaymentTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPaymentTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpensesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpensesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpensesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CommitmentsTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#CommitmentsTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPoliciesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValuesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValuesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedPartiesDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ImpairmentLossDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNetDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNetDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InventoriesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#InventoriesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#TradeAccountsPayableDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayablesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremiumDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShareDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShareDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNetDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPaymentDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPaymentDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/DividendsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#DividendsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CommitmentsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#CommitmentsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/IncomeTaxDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#IncomeTaxDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValuesMeasurementDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValuesMeasurementDetails"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/notAll" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#notAll"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Cover" xlink:title="00000001 - Document - Cover">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesLineItems" xlink:label="loc_deiEntityAddressesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesTable" xlink:label="loc_deiEntityAddressesTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressesTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesAddressTypeAxis" xlink:label="loc_deiEntityAddressesAddressTypeAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_deiEntityAddressesTable" xlink:to="loc_deiEntityAddressesAddressTypeAxis" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AddressTypeDomain" xlink:label="loc_deiAddressTypeDomain"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_deiEntityAddressesAddressTypeAxis" xlink:to="loc_deiAddressTypeDomain" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AddressTypeDomain" xlink:label="loc_deiAddressTypeDomain_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_deiEntityAddressesAddressTypeAxis" xlink:to="loc_deiAddressTypeDomain_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_BusinessContactMember" xlink:label="loc_deiBusinessContactMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiAddressTypeDomain" xlink:to="loc_deiBusinessContactMember_10" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentType_40" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAmendmentFlag_40" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAmendmentDescription_40" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentRegistrationStatement_40" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentAnnualReport_40" order="4.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentQuarterlyReport_40" order="5.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentTransitionReport_40" order="6.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentShellCompanyReport_40" order="7.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentShellCompanyEventDate_40" order="8.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentPeriodStartDate_40" order="9.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentPeriodEndDate_40" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentFiscalPeriodFocus_40" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentFiscalYearFocus_40" order="12.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiCurrentFiscalYearEndDate_40" order="13.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityFileNumber_40" order="14.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityRegistrantName_40" order="15.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityCentralIndexKey_40" order="16.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityPrimarySicNumber_40" order="17.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityTaxIdentificationNumber_40" order="18.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityIncorporationStateCountryCode_40" order="19.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressAddressLine1_40" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressAddressLine2_40" order="21.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressAddressLine3_40" order="22.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressCityOrTown_40" order="23.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressStateOrProvince_40" order="24.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressCountry_40" order="25.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressPostalZipCode_40" order="26.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiCountryRegion_40" order="27.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiCityAreaCode_40" order="28.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiLocalPhoneNumber_40" order="29.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Extension" xlink:label="loc_deiExtension_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiExtension_40" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiWrittenCommunications_40" order="31.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSolicitingMaterial_40" order="32.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiPreCommencementTenderOffer_40" order="33.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiPreCommencementIssuerTenderOffer_40" order="34.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurity12bTitle_40" order="35.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiNoTradingSymbolFlag_40" order="36.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiTradingSymbol_40" order="37.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurityExchangeName_40" order="38.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurity12gTitle_40" order="39.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurityReportingObligation_40" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAnnualInformationForm_40" order="41.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditedAnnualFinancialStatements_40" order="42.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityWellKnownSeasonedIssuer_40" order="43.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityVoluntaryFilers_40" order="44.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityCurrentReportingStatus_40" order="45.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityInteractiveDataCurrent_40" order="46.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityFilerCategory_40" order="47.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntitySmallBusiness_40" order="48.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityEmergingGrowthCompany_40" order="49.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityExTransitionPeriod_40" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentAccountingStandard_40" order="51.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiOtherReportingStandardItemNumber_40" order="52.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityShellCompany_40" order="53.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityPublicFloat_40" order="54.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent_40" order="55.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityCommonStockSharesOutstanding_40" order="56.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock_40" order="57.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_ContactPersonnelName" xlink:label="loc_deiContactPersonnelName_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiContactPersonnelName_40" order="58.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="loc_deiIcfrAuditorAttestationFlag_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiIcfrAuditorAttestationFlag_40" order="59.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorFirmId" xlink:label="loc_deiAuditorFirmId_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditorFirmId_40" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorName" xlink:label="loc_deiAuditorName_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditorName_40" order="61.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorLocation" xlink:label="loc_deiAuditorLocation_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditorLocation_40" order="62.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss" xlink:title="00000002 - Statement - Consolidated Statements of Comprehensive Income/(Loss)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfFinancialPosition" xlink:title="00000003 - Statement - Consolidated Statements of Financial Position"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfChangesInEquity" xlink:title="00000004 - Statement - Consolidated Statements of Changes in Equity">
    <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="loc_ifrs-fullStatementOfChangesInEquityLineItems"/>
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullComponentsOfEquityAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="1.0"/>
    <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_EquityMember" xlink:label="loc_ifrs-fullEquityMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" order="20.0"/>
    <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_EquityMember" xlink:label="loc_ifrs-fullEquityMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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="loc_ifrs-fullIssuedCapitalMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullIssuedCapitalMember_0" order="1.0"/>
    <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="loc_ifrs-fullSharePremiumMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullSharePremiumMember_10" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDeficitMember" xlink:label="loc_glbsAccumulatedDeficitMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_glbsAccumulatedDeficitMember_20" order="21.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TotalMember" xlink:label="loc_glbsTotalMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_glbsTotalMember_30" order="31.0"/>
    <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="loc_ifrs-fullEquity_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullEquity_50" order="1.0"/>
    <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="loc_ifrs-fullProfitLoss_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullProfitLoss_50" order="2.0"/>
    <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="loc_ifrs-fullOtherComprehensiveIncome_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncome_50" order="3.0"/>
    <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="loc_ifrs-fullComprehensiveIncome_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullComprehensiveIncome_50" order="4.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions_50" order="5.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughConversionOfConvertibleInstruments_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughConversionOfConvertibleInstruments_50" order="6.0"/>
    <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="loc_ifrs-fullIssueOfEquity_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIssueOfEquity_50" order="7.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity_50" order="8.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfPreferredShares" xlink:label="loc_glbsIssueOfPreferredShares_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_glbsIssueOfPreferredShares_50" order="9.0"/>
    <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="loc_ifrs-fullShareIssueRelatedCost_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullShareIssueRelatedCost_50" order="10.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfCashFlows" xlink:title="00000005 - Statement - Consolidated Statements of Cash Flows"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation" xlink:title="00000006 - Disclosure - Basis of presentation and general information"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies" xlink:title="00000007 - Disclosure - Basis of Preparation and Significant Accounting Policies"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash" xlink:title="00000008 - Disclosure - Cash and cash equivalents and Restricted cash"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties" xlink:title="00000009 - Disclosure - Transactions with Related Parties"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet" xlink:title="00000010 - Disclosure - Vessels, net"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Inventories" xlink:title="00000011 - Disclosure - Inventories"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TradeAccountsPayable" xlink:title="00000012 - Disclosure - Trade accounts payable"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables" xlink:title="00000013 - Disclosure - Accrued liabilities and other payables"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium" xlink:title="00000014 - Disclosure - Share Capital and Share Premium"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShare" xlink:title="00000015 - Disclosure - Earnings/(Loss) per Share"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet" xlink:title="00000016 - Disclosure - Long-Term Debt, net"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPayment" xlink:title="00000017 - Disclosure - Share Based Payment"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses" xlink:title="00000018 - Disclosure - Voyage Expenses and Vessel Operating Expenses"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpenses" xlink:title="00000019 - Disclosure - Administrative Expenses"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts" xlink:title="00000020 - Disclosure - Interest Expense and Finance Costs"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Dividends" xlink:title="00000021 - Disclosure - Dividends"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Contingencies" xlink:title="00000022 - Disclosure - Contingencies"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Commitments" xlink:title="00000023 - Disclosure - Commitments"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/IncomeTax" xlink:title="00000024 - Disclosure - Income Tax"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies" xlink:title="00000025 - Disclosure - Financial risk management objectives and policies"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValues" xlink:title="00000026 - Disclosure - Fair values"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EventsAfterReportingDate" xlink:title="00000027 - Disclosure - Events after the reporting date"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies" xlink:title="00000028 - Disclosure - Basis of Preparation and Significant Accounting Policies (Policies)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables" xlink:title="00000029 - Disclosure - Basis of presentation and general information (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables" xlink:title="00000030 - Disclosure - Cash and cash equivalents and Restricted cash (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables" xlink:title="00000031 - Disclosure - Transactions with Related Parties (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNetTables" xlink:title="00000032 - Disclosure - Vessels, net (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InventoriesTables" xlink:title="00000033 - Disclosure - Inventories (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables" xlink:title="00000034 - Disclosure - Accrued liabilities and other payables (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables" xlink:title="00000035 - Disclosure - Share Capital and Share Premium (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShareTables" xlink:title="00000036 - Disclosure - Earnings/(Loss) per Share (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNetTables" xlink:title="00000037 - Disclosure - Long-Term Debt, net (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPaymentTables" xlink:title="00000038 - Disclosure - Share Based Payment (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables" xlink:title="00000039 - Disclosure - Voyage Expenses and Vessel Operating Expenses (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpensesTables" xlink:title="00000040 - Disclosure - Administrative Expenses (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables" xlink:title="00000041 - Disclosure - Interest Expense and Finance Costs (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CommitmentsTables" xlink:title="00000042 - Disclosure - Commitments (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables" xlink:title="00000043 - Disclosure - Financial risk management objectives and policies (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValuesTables" xlink:title="00000044 - Disclosure - Fair values (Tables)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails" xlink:title="00000045 - Disclosure - Basis of presentation and general information (Details)">
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems"/>
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" order="1.0"/>
    <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_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" order="20.0"/>
    <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_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GlobusShipmanagementCorpMember" xlink:label="loc_glbsGlobusShipmanagementCorpMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsGlobusShipmanagementCorpMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DevoceanMaritimeLtdMember" xlink:label="loc_glbsDevoceanMaritimeLtdMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDevoceanMaritimeLtdMember_10" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DominaMaritimeLtdMember" xlink:label="loc_glbsDominaMaritimeLtdMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDominaMaritimeLtdMember_20" order="21.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DulacMaritimeSAMember" xlink:label="loc_glbsDulacMaritimeSAMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDulacMaritimeSAMember_30" order="31.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ArtfulShipholdingSAMember" xlink:label="loc_glbsArtfulShipholdingSAMember_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsArtfulShipholdingSAMember_40" order="41.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongevityMaritimeLimitedMember" xlink:label="loc_glbsLongevityMaritimeLimitedMember_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsLongevityMaritimeLimitedMember_50" order="51.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SerenaMaritimeLimitedMember" xlink:label="loc_glbsSerenaMaritimeLimitedMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsSerenaMaritimeLimitedMember_60" order="61.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TalismanMaritimeLimitedMember" xlink:label="loc_glbsTalismanMaritimeLimitedMember_70"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsTalismanMaritimeLimitedMember_70" order="71.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ArgoMaritimeLimitedMember" xlink:label="loc_glbsArgoMaritimeLimitedMember_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsArgoMaritimeLimitedMember_80" order="81.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CalypsoShipholdingSAMember" xlink:label="loc_glbsCalypsoShipholdingSAMember_90"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsCalypsoShipholdingSAMember_90" order="91.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DaxosMaritimeLimitedMember" xlink:label="loc_glbsDaxosMaritimeLimitedMember_100"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDaxosMaritimeLimitedMember_100" order="101.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OlympiaShipholdingSAMember" xlink:label="loc_glbsOlympiaShipholdingSAMember_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsOlympiaShipholdingSAMember_110" order="111.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ParalusShipholdingSAMember" xlink:label="loc_glbsParalusShipholdingSAMember_120"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsParalusShipholdingSAMember_120" order="121.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SalaminiaMaritimeLimitedMember" xlink:label="loc_glbsSalaminiaMaritimeLimitedMember_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsSalaminiaMaritimeLimitedMember_130" order="131.0"/>
    <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="loc_ifrs-fullCountryOfIncorporationOrResidenceOfSubsidiary_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="loc_ifrs-fullCountryOfIncorporationOrResidenceOfSubsidiary_150" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselDeliveryDate" xlink:label="loc_glbsVesselDeliveryDate_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="loc_glbsVesselDeliveryDate_150" order="1.0"/>
    <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="loc_ifrs-fullNameOfSubsidiary_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="loc_ifrs-fullNameOfSubsidiary_150" order="2.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative" xlink:title="00000046 - Disclosure - Basis of presentation and general information (Details Narrative)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative" xlink:title="00000047 - Disclosure - Basis of Preparation and Significant Accounting Policies (Details Narrative)">
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="20.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTMember" xlink:label="loc_glbsCiTMember_70"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsCiTMember_70" order="71.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember_80" order="81.0"/>
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="20.0"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CyberonicaSAMember" xlink:label="loc_glbsCyberonicaSAMember_100"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsCyberonicaSAMember_100" order="101.0"/>
    <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_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis"/>
    <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_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="20.0"/>
    <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_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office350SquareMetersMember" xlink:label="loc_glbsOffice350SquareMetersMember_100"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_glbsOffice350SquareMetersMember_100" order="102.0"/>
    <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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:label="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems"/>
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="1.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="20.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DeferredDryDockingCostsMember" xlink:label="loc_glbsDeferredDryDockingCostsMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsDeferredDryDockingCostsMember_30" order="31.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsMember" xlink:label="loc_glbsVesselsMember_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsVesselsMember_40" order="41.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="2.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="3.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="4.0"/>
    <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="loc_ifrs-fullCurrentAssetsLiabilities_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullCurrentAssetsLiabilities_150" order="0.0"/>
    <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="loc_ifrs-fullAdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullAdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_150" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAccountingStandard" xlink:label="loc_deiEntityAccountingStandard_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_deiEntityAccountingStandard_150" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AllowanceForDoubtfulTradeReceivables" xlink:label="loc_glbsAllowanceForDoubtfulTradeReceivables_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsAllowanceForDoubtfulTradeReceivables_150" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IntervalBetweenVesselDrydockingSpecialSurvey" xlink:label="loc_glbsIntervalBetweenVesselDrydockingSpecialSurvey_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsIntervalBetweenVesselDrydockingSpecialSurvey_150" order="4.0"/>
    <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_DepreciationMethodPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDepreciationMethodPropertyPlantAndEquipment_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDepreciationMethodPropertyPlantAndEquipment_150" order="5.0"/>
    <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_DescriptionOfUsefulLifePropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDescriptionOfUsefulLifePropertyPlantAndEquipment_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDescriptionOfUsefulLifePropertyPlantAndEquipment_150" order="6.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsScrapRatePerTon" xlink:label="loc_glbsVesselsScrapRatePerTon_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsVesselsScrapRatePerTon_150" order="7.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:label="loc_glbsExtraDepreciationPropertyPlantAndEquipment_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsExtraDepreciationPropertyPlantAndEquipment_150" order="8.0"/>
    <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_BorrowingCostsCapitalised" xlink:label="loc_ifrs-fullBorrowingCostsCapitalised_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullBorrowingCostsCapitalised_150" order="9.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfOperatingSegments" xlink:label="loc_glbsNumberOfOperatingSegments_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsNumberOfOperatingSegments_150" order="10.0"/>
    <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_DescriptionOfNatureOfBenefitsProvidedByPlan" xlink:label="loc_ifrs-fullDescriptionOfNatureOfBenefitsProvidedByPlan_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfBenefitsProvidedByPlan_150" order="11.0"/>
    <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_LiabilityAssetOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans_150" order="12.0"/>
    <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="loc_ifrs-fullRightofuseAssets_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullRightofuseAssets_150" order="13.0"/>
    <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="loc_ifrs-fullLeaseLiabilities_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities_150" order="14.0"/>
    <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_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:label="loc_ifrs-fullWeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullWeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_150" order="15.0"/>
    <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="loc_ifrs-fullDepreciationRightofuseAssets_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets_150" order="16.0"/>
    <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="loc_ifrs-fullInterestExpenseOnLeaseLiabilities_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities_150" order="17.0"/>
    <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_DirectOperatingExpenseFromInvestmentProperty" xlink:label="loc_ifrs-fullDirectOperatingExpenseFromInvestmentProperty_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDirectOperatingExpenseFromInvestmentProperty_150" order="18.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseAndNonleaseComponents" xlink:label="loc_glbsLeaseAndNonleaseComponents_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsLeaseAndNonleaseComponents_150" order="19.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails" xlink:title="00000048 - Disclosure - Cash and cash equivalents and Restricted cash (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative" xlink:title="00000049 - Disclosure - Cash and cash equivalents and Restricted cash (Details Narrative)">
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="20.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsFirmentShippingIncMember_20" order="21.0"/>
    <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="loc_ifrs-fullStatementOfChangesInEquityLineItems"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_glbsCashAndCashEquivalentsFairValueDisclosure_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_glbsCashAndCashEquivalentsFairValueDisclosure_40" order="0.0"/>
    <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="loc_ifrs-fullUndrawnBorrowingFacilities_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullUndrawnBorrowingFacilities_40" order="1.0"/>
    <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="loc_ifrs-fullRestrictedCashAndCashEquivalents_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullRestrictedCashAndCashEquivalents_40" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_glbsRestrictedCashAndCashEquivalentsFairValueDisclosure_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_glbsRestrictedCashAndCashEquivalentsFairValueDisclosure_40" order="3.0"/>
    <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="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents_40" order="4.0"/>
    <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="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents_40" order="5.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails" xlink:title="00000050 - Disclosure - Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="loc_glbsNonExecutiveDirectorsMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsNonExecutiveDirectorsMember_0" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="1.0"/>
    <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_DirectorsRemunerationExpense" xlink:label="loc_ifrs-fullDirectorsRemunerationExpense_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDirectorsRemunerationExpense_40" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DirectorsCompensationSharebasedPayment" xlink:label="loc_glbsDirectorsCompensationSharebasedPayment_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDirectorsCompensationSharebasedPayment_40" order="1.0"/>
    <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_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensation_40" order="2.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails" xlink:title="00000051 - Disclosure - Transactions with Related Parties - Compensation to the Company's Executive Director (Details)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExecutiveDirectorMember" xlink:label="loc_glbsExecutiveDirectorMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsExecutiveDirectorMember_0" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IfrsStatementLineItems" xlink:label="loc_glbsIfrsStatementLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits_40" order="0.0"/>
    <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_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensation_40" order="1.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative" xlink:title="00000052 - Disclosure - Transactions with Related Parties (Details Narrative)">
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="20.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreferredSharesMember" xlink:label="loc_glbsPreferredSharesMember_180"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPreferredSharesMember_180" order="181.0"/>
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="loc_glbsNonExecutiveDirectorsMember_420"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsNonExecutiveDirectorsMember_420" order="421.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExecutiveDirectorMember" xlink:label="loc_glbsExecutiveDirectorMember_440"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsExecutiveDirectorMember_440" order="441.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:label="loc_glbsAffiliatedCompanyOfCompanysCEOMember_100"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsAffiliatedCompanyOfCompanysCEOMember_100" order="101.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ChairmanOfTheBoardOfDirectorsMember" xlink:label="loc_glbsChairmanOfTheBoardOfDirectorsMember_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsChairmanOfTheBoardOfDirectorsMember_260" order="261.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember_280"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsFirmentShippingIncMember_280" order="281.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EolosShipmanagementMember" xlink:label="loc_glbsEolosShipmanagementMember_410"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsEolosShipmanagementMember_410" order="411.0"/>
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="20.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmendedAndRestatedAgreementMember" xlink:label="loc_glbsAmendedAndRestatedAgreementMember_360"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsAmendedAndRestatedAgreementMember_360" order="361.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="5.0"/>
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="1.0"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="20.0"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CyberonicaSAMember" xlink:label="loc_glbsCyberonicaSAMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsCyberonicaSAMember_0" order="1.0"/>
    <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_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="2.0"/>
    <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_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="20.0"/>
    <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_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office350SquareMetersMember" xlink:label="loc_glbsOffice350SquareMetersMember_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_glbsOffice350SquareMetersMember_40" order="42.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office552SquareMetersMember" xlink:label="loc_glbsOffice552SquareMetersMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_glbsOffice552SquareMetersMember_60" order="62.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="3.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="4.0"/>
    <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="loc_ifrs-fullRangeAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullRangeAxis" order="6.0"/>
    <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_RangesMember" xlink:label="loc_ifrs-fullRangesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="20.0"/>
    <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_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_MinimumMember" xlink:label="loc_srtMinimumMember_400"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_srtMinimumMember_400" order="402.0"/>
    <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_CapitalRequirementsAxis" xlink:label="loc_ifrs-fullCapitalRequirementsAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCapitalRequirementsAxis" order="7.0"/>
    <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_CapitalRequirementsMember" xlink:label="loc_ifrs-fullCapitalRequirementsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCapitalRequirementsAxis" xlink:to="loc_ifrs-fullCapitalRequirementsMember" order="20.0"/>
    <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_CapitalRequirementsMember" xlink:label="loc_ifrs-fullCapitalRequirementsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCapitalRequirementsAxis" xlink:to="loc_ifrs-fullCapitalRequirementsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DailyRateMember" xlink:label="loc_glbsDailyRateMember_410"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCapitalRequirementsMember" xlink:to="loc_glbsDailyRateMember_410" order="412.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MonthlyRentalExpense" xlink:label="loc_glbsMonthlyRentalExpense_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsMonthlyRentalExpense_470" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseExpirationDate" xlink:label="loc_glbsLeaseExpirationDate_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLeaseExpirationDate_470" order="1.0"/>
    <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_LeasesAsLesseeRelatedPartyTransactions" xlink:label="loc_ifrs-fullLeasesAsLesseeRelatedPartyTransactions_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullLeasesAsLesseeRelatedPartyTransactions_470" order="2.0"/>
    <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="loc_ifrs-fullLeaseLiabilities_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities_470" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CreditAdjustmentOfFinanceCost" xlink:label="loc_glbsCreditAdjustmentOfFinanceCost_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsCreditAdjustmentOfFinanceCost_470" order="4.0"/>
    <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="loc_ifrs-fullDepreciationRightofuseAssets_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets_470" order="5.0"/>
    <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="loc_ifrs-fullInterestExpenseOnLeaseLiabilities_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities_470" order="6.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" xlink:label="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_470" order="7.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConsultingFeesExpense" xlink:label="loc_glbsConsultingFeesExpense_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsConsultingFeesExpense_470" order="8.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AgreedAmountOfOneTimeCashBonus" xlink:label="loc_glbsAgreedAmountOfOneTimeCashBonus_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsAgreedAmountOfOneTimeCashBonus_470" order="9.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OneTimeCashBonusPayment" xlink:label="loc_glbsOneTimeCashBonusPayment_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsOneTimeCashBonusPayment_470" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RemainingOfOneTimeCashBonusPayment" xlink:label="loc_glbsRemainingOfOneTimeCashBonusPayment_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsRemainingOfOneTimeCashBonusPayment_470" order="11.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding_470" order="12.0"/>
    <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="loc_ifrs-fullParValuePerShare_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullParValuePerShare_470" order="13.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfPreferredShares" xlink:label="loc_glbsIssueOfPreferredShares_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsIssueOfPreferredShares_470" order="14.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VotingRights" xlink:label="loc_glbsVotingRights_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsVotingRights_470" order="15.0"/>
    <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="loc_ifrs-fullSharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullSharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_470" order="16.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:label="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty_470" order="17.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity_470" order="18.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfBorrowingsScope" xlink:label="loc_glbsDescriptionOfBorrowingsScope_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDescriptionOfBorrowingsScope_470" order="19.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CreditFacilityCollateraDescription" xlink:label="loc_glbsCreditFacilityCollateraDescription_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsCreditFacilityCollateraDescription_470" order="20.0"/>
    <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="loc_ifrs-fullBorrowingsMaturity_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity_470" order="21.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:label="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples_470" order="22.0"/>
    <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_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate_470" order="23.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsDefaultInterestRate" xlink:label="loc_glbsBorrowingsDefaultInterestRate_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsBorrowingsDefaultInterestRate_470" order="24.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConversionPriceDescription" xlink:label="loc_glbsDebtInstrumentConversionPriceDescription_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDebtInstrumentConversionPriceDescription_470" order="25.0"/>
    <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="loc_ifrs-fullBorrowings_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowings_470" order="26.0"/>
    <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_InterestPayable" xlink:label="loc_ifrs-fullInterestPayable_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestPayable_470" order="27.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="loc_glbsDebtInstrumentConvertibleConversionPrice_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionPrice_470" order="28.0"/>
    <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="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives_470" order="29.0"/>
    <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="loc_ifrs-fullUndrawnBorrowingFacilities_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullUndrawnBorrowingFacilities_470" order="30.0"/>
    <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="loc_ifrs-fullRepaymentsOfCurrentBorrowings_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullRepaymentsOfCurrentBorrowings_470" order="31.0"/>
    <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_InterestExpense" xlink:label="loc_ifrs-fullInterestExpense_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestExpense_470" order="32.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccruedDirectorsCompensation" xlink:label="loc_glbsAccruedDirectorsCompensation_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsAccruedDirectorsCompensation_470" order="33.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:title="00000053 - Disclosure - Vessels, net - Consolidated Statement of Financial Position (Details)">
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="1.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="20.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsMember" xlink:label="loc_glbsVesselsMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsVesselsMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryDockingMember" xlink:label="loc_glbsDryDockingMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsDryDockingMember_20" order="21.0"/>
    <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="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" order="2.0"/>
    <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_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" order="20.0"/>
    <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_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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="loc_ifrs-fullGrossCarryingAmountMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember_0" order="2.0"/>
    <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="loc_ifrs-fullAccumulatedDepreciationAmortisationAndImpairmentMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAmortisationAndImpairmentMember_10" order="12.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CarryingAmountIMember" xlink:label="loc_glbsCarryingAmountIMember_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_glbsCarryingAmountIMember_40" order="41.0"/>
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullShips_360"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullShips_360" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:label="loc_glbsAccumulatedDepreciationPropertyPlantAndEquipment_360"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsAccumulatedDepreciationPropertyPlantAndEquipment_360" order="1.0"/>
    <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="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_360"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_360" order="2.0"/>
    <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="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_360"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_360" order="3.0"/>
    <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="loc_ifrs-fullDepreciationAndAmortisationExpense_360"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDepreciationAndAmortisationExpense_360" order="4.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails" xlink:title="00000054 - Disclosure - Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails" xlink:title="00000055 - Disclosure - Vessels, net - Impairment loss (Details)">
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="1.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="20.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVRiverGlobeMember" xlink:label="loc_glbsMVRiverGlobeMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVRiverGlobeMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVSkyGlobeMember" xlink:label="loc_glbsMVSkyGlobeMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVSkyGlobeMember_20" order="21.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVStarGlobeMember" xlink:label="loc_glbsMVStarGlobeMember_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVStarGlobeMember_40" order="41.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVSunGlobeMember" xlink:label="loc_glbsMVSunGlobeMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVSunGlobeMember_60" order="61.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVMoonGlobeMember" xlink:label="loc_glbsMVMoonGlobeMember_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVMoonGlobeMember_80" order="81.0"/>
    <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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:label="loc_ifrs-fullDisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:to="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_130" order="0.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNetDetailsNarrative" xlink:title="00000056 - Disclosure - Vessels, net (Details Narrative)">
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="1.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="20.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GalaxyGlobeMember" xlink:label="loc_glbsGalaxyGlobeMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsGalaxyGlobeMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryBulkCarriersMember" xlink:label="loc_glbsDryBulkCarriersMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsDryBulkCarriersMember_10" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NordVenusMember" xlink:label="loc_glbsNordVenusMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsNordVenusMember_20" order="21.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Yangze11Member" xlink:label="loc_glbsYangze11Member_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsYangze11Member_30" order="31.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PeakLibertyMember" xlink:label="loc_glbsPeakLibertyMember_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsPeakLibertyMember_40" order="41.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SupramaxMember" xlink:label="loc_glbsSupramaxMember_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsSupramaxMember_80" order="81.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PanamaxMember" xlink:label="loc_glbsPanamaxMember_90"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsPanamaxMember_90" order="91.0"/>
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_150" order="6.0"/>
    <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="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_150" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselYearBuilt" xlink:label="loc_glbsVesselYearBuilt_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselYearBuilt_150" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselType" xlink:label="loc_glbsVesselType_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselType_150" order="1.0"/>
    <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="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_150" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselCapacity" xlink:label="loc_glbsVesselCapacity_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselCapacity_150" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryDockingCostCapitalised" xlink:label="loc_glbsDryDockingCostCapitalised_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsDryDockingCostCapitalised_150" order="4.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselDeliveryDate" xlink:label="loc_glbsVesselDeliveryDate_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselDeliveryDate_150" order="5.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_WeightedAverageCostOfCapital" xlink:label="loc_glbsWeightedAverageCostOfCapital_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsWeightedAverageCostOfCapital_150" order="7.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TimePeriodConsidered" xlink:label="loc_glbsTimePeriodConsidered_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsTimePeriodConsidered_150" order="8.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumptionOfExpectedRatesOfInflation" xlink:label="loc_glbsAssumptionOfExpectedRatesOfInflation_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsAssumptionOfExpectedRatesOfInflation_150" order="9.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumptionOfFleetUtilisationRate" xlink:label="loc_glbsAssumptionOfFleetUtilisationRate_150"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsAssumptionOfFleetUtilisationRate_150" order="10.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InventoriesDetails" xlink:title="00000057 - Disclosure - Inventories (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative" xlink:title="00000058 - Disclosure - Trade accounts payable (Details Narrative)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails" xlink:title="00000059 - Disclosure -  Accrued liabilities and other payables (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails" xlink:title="00000060 - Disclosure - Share Capital and Share Premium - Authorised share capital (Details)">
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="1.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="20.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreferredSharesMember" xlink:label="loc_glbsPreferredSharesMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPreferredSharesMember_60" order="61.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CommonSharesMember" xlink:label="loc_glbsCommonSharesMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsCommonSharesMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBCommonSharesMember" xlink:label="loc_glbsClassBCommonSharesMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassBCommonSharesMember_30" order="31.0"/>
    <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="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullNumberOfSharesAuthorised_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesAuthorised_130" order="0.0"/>
    <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="loc_ifrs-fullParValuePerShare_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullParValuePerShare_130" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ValueOfSharesAuthorised" xlink:label="loc_glbsValueOfSharesAuthorised_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsValueOfSharesAuthorised_130" order="2.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails" xlink:title="00000061 - Disclosure - Share Capital and Share Premium - Common Shares issued and fully paid (Details)">
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="1.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="20.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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="loc_ifrs-fullOrdinarySharesMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullOrdinarySharesMember_0" order="1.0"/>
    <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="loc_ifrs-fullIssuedCapitalMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullIssuedCapitalMember_10" order="11.0"/>
    <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="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullNumberOfSharesIssuedAndFullyPaid_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssuedAndFullyPaid_140" order="0.0"/>
    <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="loc_ifrs-fullIssuedCapital_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIssuedCapital_140" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_140" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_140" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_140" order="4.0"/>
    <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="loc_ifrs-fullIssueOfEquity_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIssueOfEquity_140" order="5.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_140" order="6.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_140" order="7.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity_140"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity_140" order="8.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative" xlink:title="00000062 - Disclosure - Share Capital and Share Premium (Details Narrative)">
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="1.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="20.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CommonSharesMember" xlink:label="loc_glbsCommonSharesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsCommonSharesMember_10" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBCommonSharesMember" xlink:label="loc_glbsClassBCommonSharesMember_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassBCommonSharesMember_50" order="51.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBPreferredSharesMember" xlink:label="loc_glbsClassBPreferredSharesMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassBPreferredSharesMember_60" order="62.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassAWarrantsMember" xlink:label="loc_glbsClassAWarrantsMember_220"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassAWarrantsMember_220" order="221.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PPWarrantsMember" xlink:label="loc_glbsPPWarrantsMember_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPPWarrantsMember_260" order="261.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreFundedWarrantsMember" xlink:label="loc_glbsPreFundedWarrantsMember_350"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPreFundedWarrantsMember_350" order="351.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecemberWarrantsMember" xlink:label="loc_glbsDecemberWarrantsMember_360"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsDecemberWarrantsMember_360" order="362.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_January2021WarrantsMember" xlink:label="loc_glbsJanuary2021WarrantsMember_470"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsJanuary2021WarrantsMember_470" order="472.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_February2021WarrantsMember" xlink:label="loc_glbsFebruary2021WarrantsMember_530"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsFebruary2021WarrantsMember_530" order="532.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_June2021WarrantsMember" xlink:label="loc_glbsJune2021WarrantsMember_590"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsJune2021WarrantsMember_590" order="592.0"/>
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="2.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:label="loc_glbsAffiliatedCompanyOfCompanysCEOMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsAffiliatedCompanyOfCompanysCEOMember_60" order="61.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsFirmentShippingIncMember_110" order="111.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MaximGroupLLCMember" xlink:label="loc_glbsMaximGroupLLCMember_180"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsMaximGroupLLCMember_180" order="181.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_InstitutionalInvestorsMember" xlink:label="loc_glbsInstitutionalInvestorsMember_330"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsInstitutionalInvestorsMember_330" order="331.0"/>
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="3.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="20.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConvertibleNoteMember" xlink:label="loc_glbsConvertibleNoteMember_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsConvertibleNoteMember_130" order="131.0"/>
    <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="loc_ifrs-fullMaturityAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullMaturityAxis" order="4.0"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="20.0"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FortyFiveDayOptionMember" xlink:label="loc_glbsFortyFiveDayOptionMember_180"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsFortyFiveDayOptionMember_180" order="182.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RangeAxis" xlink:label="loc_srtRangeAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_srtRangeAxis" order="5.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RangeMember" xlink:label="loc_srtRangeMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtRangeAxis" xlink:to="loc_srtRangeMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RangeMember" xlink:label="loc_srtRangeMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_srtRangeAxis" xlink:to="loc_srtRangeMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_280"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_srtRangeMember" xlink:to="loc_ifrs-fullTopOfRangeMember_280" order="282.0"/>
    <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="loc_ifrs-fullBottomOfRangeMember_290"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_srtRangeMember" xlink:to="loc_ifrs-fullBottomOfRangeMember_290" order="292.0"/>
    <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="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullParValuePerShare_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullParValuePerShare_650" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_650" order="13.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VotingRights" xlink:label="loc_glbsVotingRights_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsVotingRights_650" order="0.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding_650" order="1.0"/>
    <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="loc_ifrs-fullNumberOfSharesOutstanding_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesOutstanding_650" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfPreferredShares" xlink:label="loc_glbsIssueOfPreferredShares_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIssueOfPreferredShares_650" order="4.0"/>
    <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="loc_ifrs-fullBorrowings_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullBorrowings_650" order="5.0"/>
    <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_InterestPayable" xlink:label="loc_ifrs-fullInterestPayable_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullInterestPayable_650" order="6.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="loc_glbsDebtInstrumentConvertibleConversionPrice_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionPrice_650" order="7.0"/>
    <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_NumberOfSharesIssued" xlink:label="loc_ifrs-fullNumberOfSharesIssued_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssued_650" order="8.0"/>
    <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="loc_ifrs-fullExercisePriceOfOutstandingShareOptions2019_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullExercisePriceOfOutstandingShareOptions2019_650" order="9.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfSharesCalledByWarrants" xlink:label="loc_glbsNumberOfSharesCalledByWarrants_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsNumberOfSharesCalledByWarrants_650" order="10.0"/>
    <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_DescriptionOfOptionLifeShareOptionsGranted" xlink:label="loc_ifrs-fullDescriptionOfOptionLifeShareOptionsGranted_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullDescriptionOfOptionLifeShareOptionsGranted_650" order="11.0"/>
    <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_ProceedsFromExerciseOfOptions" xlink:label="loc_ifrs-fullProceedsFromExerciseOfOptions_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullProceedsFromExerciseOfOptions_650" order="12.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProceedsFromWarrantExercises" xlink:label="loc_glbsProceedsFromWarrantExercises_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsProceedsFromWarrantExercises_650" order="14.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfWarrantsOutstanding" xlink:label="loc_glbsNumberOfWarrantsOutstanding_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsNumberOfWarrantsOutstanding_650" order="15.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PurchasePriceOfOutstandingWarrants" xlink:label="loc_glbsPurchasePriceOfOutstandingWarrants_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsPurchasePriceOfOutstandingWarrants_650" order="16.0"/>
    <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="loc_ifrs-fullProceedsFromIssuingShares_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullProceedsFromIssuingShares_650" order="17.0"/>
    <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="loc_ifrs-fullShareIssueRelatedCost_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullShareIssueRelatedCost_650" order="18.0"/>
    <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="loc_ifrs-fullSharePremium_650"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullSharePremium_650" order="19.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShareDetails" xlink:title="00000063 - Disclosure - Earnings/(Loss) per Share (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:title="00000064 - Disclosure -  Long-Term Debt, net - Consolidated statement of financial position (Details)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" xlink:label="loc_glbsDevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsDevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_0" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsGross_40" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentUnamortisedDiscount" xlink:label="loc_glbsDebtInstrumentUnamortisedDiscount_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentUnamortisedDiscount_40" order="1.0"/>
    <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="loc_ifrs-fullBorrowings_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowings_40" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:label="loc_glbsCurrentPortionOfLongTermBorrowingsGross_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsCurrentPortionOfLongTermBorrowingsGross_40" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:label="loc_glbsCurrentPortionOfDebtInstrumentUnamortisedDiscount_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsCurrentPortionOfDebtInstrumentUnamortisedDiscount_40" order="4.0"/>
    <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="loc_ifrs-fullCurrentPortionOfLongtermBorrowings_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullCurrentPortionOfLongtermBorrowings_40" order="5.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongTermBorrowingsGross" xlink:label="loc_glbsLongTermBorrowingsGross_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLongTermBorrowingsGross_40" order="6.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:label="loc_glbsLongTermDebtInstrumentUnamortisedDiscount_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLongTermDebtInstrumentUnamortisedDiscount_40" order="7.0"/>
    <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="loc_ifrs-fullLongtermBorrowings_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullLongtermBorrowings_40" order="8.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails" xlink:title="00000065 - Disclosure -  Long-Term Debt, net - Annual loan principal payments (Details)">
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="20.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTMember" xlink:label="loc_glbsCiTMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsCiTMember_0" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember_60" order="62.0"/>
    <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="loc_ifrs-fullMaturityAxis"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="20.0"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_0" order="1.0"/>
    <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_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember_10" order="11.0"/>
    <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_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember_20" order="21.0"/>
    <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_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember_30" order="31.0"/>
    <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_LaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFiveYearsMember_40"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFiveYearsMember_40" order="41.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" xlink:label="loc_glbsLaterThanTwoYearAndNotLaterThanThreeYearsMember_70"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsLaterThanTwoYearAndNotLaterThanThreeYearsMember_70" order="71.0"/>
    <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_LaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanThreeYearsMember_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeYearsMember_80" order="81.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsGross_110" order="0.0"/>
    <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="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullMaturityAxis" order="1.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="2.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative" xlink:title="00000066 - Disclosure - Long-Term Debt, net (Details Narrative)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsFirmentShippingIncMember_30" order="31.0"/>
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="20.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmendedAndRestatedAgreementMember" xlink:label="loc_glbsAmendedAndRestatedAgreementMember_90"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsAmendedAndRestatedAgreementMember_90" order="91.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConvertibleNoteMember" xlink:label="loc_glbsConvertibleNoteMember_120"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsConvertibleNoteMember_120" order="121.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTLoanFacilityMember" xlink:label="loc_glbsCiTLoanFacilityMember_180"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsCiTLoanFacilityMember_180" order="181.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="1.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="2.0"/>
    <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="loc_ifrs-fullRangeAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullRangeAxis" order="3.0"/>
    <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_RangesMember" xlink:label="loc_ifrs-fullRangesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="20.0"/>
    <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_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_MinimumMember" xlink:label="loc_srtMinimumMember_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_srtMinimumMember_110" order="112.0"/>
    <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_WeightedAverageMember" xlink:label="loc_ifrs-fullWeightedAverageMember_230"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullWeightedAverageMember_230" order="231.0"/>
    <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="loc_ifrs-fullClassesOfFinancialAssetsAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="4.0"/>
    <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_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="20.0"/>
    <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_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SWAPAgreementMember" xlink:label="loc_glbsSWAPAgreementMember_200"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_glbsSWAPAgreementMember_200" order="202.0"/>
    <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_CategoriesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullCategoriesOfFinancialAssetsAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" order="5.0"/>
    <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_FinancialAssetsCategoryMember" xlink:label="loc_ifrs-fullFinancialAssetsCategoryMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsCategoryMember" order="20.0"/>
    <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_FinancialAssetsCategoryMember" xlink:label="loc_ifrs-fullFinancialAssetsCategoryMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsCategoryMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PrepaymentOnOrBeforeMay2022Member" xlink:label="loc_glbsPrepaymentOnOrBeforeMay2022Member_210"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_glbsPrepaymentOnOrBeforeMay2022Member_210" order="213.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member" xlink:label="loc_glbsPrepaymentOnOrBeforeMay2023ButAfterMay2022Member_220"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_glbsPrepaymentOnOrBeforeMay2023ButAfterMay2022Member_220" order="223.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsGross_260" order="23.0"/>
    <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="loc_ifrs-fullBorrowings_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowings_260" order="10.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity_260" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfBorrowingsScope" xlink:label="loc_glbsDescriptionOfBorrowingsScope_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDescriptionOfBorrowingsScope_260" order="1.0"/>
    <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="loc_ifrs-fullBorrowingsInterestRateBasis_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRateBasis_260" order="2.0"/>
    <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="loc_ifrs-fullBorrowingsAdjustmentToInterestRateBasis_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsAdjustmentToInterestRateBasis_260" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsDefaultInterestRate" xlink:label="loc_glbsBorrowingsDefaultInterestRate_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsDefaultInterestRate_260" order="4.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPrepaymentAmount" xlink:label="loc_glbsDebtInstrumentPrepaymentAmount_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentPrepaymentAmount_260" order="5.0"/>
    <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="loc_ifrs-fullBorrowingsMaturity_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity_260" order="6.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:label="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples_260" order="7.0"/>
    <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_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate_260" order="8.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionMultiplier" xlink:label="loc_glbsDebtInstrumentConvertibleConversionMultiplier_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionMultiplier_260" order="9.0"/>
    <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_InterestPayable" xlink:label="loc_ifrs-fullInterestPayable_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullInterestPayable_260" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="loc_glbsDebtInstrumentConvertibleConversionPrice_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionPrice_260" order="12.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding_260" order="13.0"/>
    <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="loc_ifrs-fullParValuePerShare_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullParValuePerShare_260" order="14.0"/>
    <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="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives_260" order="15.0"/>
    <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="loc_ifrs-fullRepaymentsOfCurrentBorrowings_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullRepaymentsOfCurrentBorrowings_260" order="16.0"/>
    <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="loc_ifrs-fullUndrawnBorrowingFacilities_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullUndrawnBorrowingFacilities_260" order="17.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:label="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty_260" order="18.0"/>
    <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_DebtSecurities" xlink:label="loc_ifrs-fullDebtSecurities_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullDebtSecurities_260" order="19.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_glbsDebtInstrumentInterestRateStatedPercentage_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentInterestRateStatedPercentage_260" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" xlink:label="loc_glbsLineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_260" order="21.0"/>
    <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="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities_260" order="22.0"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_260" order="24.0"/>
    <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_NumberOfSharesIssued" xlink:label="loc_ifrs-fullNumberOfSharesIssued_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssued_260" order="25.0"/>
    <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="loc_ifrs-fullRepaymentsOfBondsNotesAndDebentures_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullRepaymentsOfBondsNotesAndDebentures_260" order="26.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentageOfCoverageOfBorrowingCapacity" xlink:label="loc_glbsPercentageOfCoverageOfBorrowingCapacity_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsPercentageOfCoverageOfBorrowingCapacity_260" order="27.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentageOfUpfrontFeeInLoanAgreement" xlink:label="loc_glbsPercentageOfUpfrontFeeInLoanAgreement_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsPercentageOfUpfrontFeeInLoanAgreement_260" order="28.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfLoanTranches" xlink:label="loc_glbsNumberOfLoanTranches_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsNumberOfLoanTranches_260" order="29.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentNumberOfRepaymentInstallments" xlink:label="loc_glbsDebtInstrumentNumberOfRepaymentInstallments_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentNumberOfRepaymentInstallments_260" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsFrequencyOfPeriodicPayment" xlink:label="loc_glbsBorrowingsFrequencyOfPeriodicPayment_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsFrequencyOfPeriodicPayment_260" order="31.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsPeriodicPayment" xlink:label="loc_glbsBorrowingsPeriodicPayment_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsPeriodicPayment_260" order="32.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:label="loc_glbsBorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_260" order="33.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtSecuritiesCovenants" xlink:label="loc_glbsDebtSecuritiesCovenants_260"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtSecuritiesCovenants_260" order="34.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPaymentDetails" xlink:title="00000067 - Disclosure -  Share Based Payment (Details)">
    <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="loc_ifrs-fullComponentsOfEquityAxis"/>
    <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_EquityMember" xlink:label="loc_ifrs-fullEquityMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" order="20.0"/>
    <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_EquityMember" xlink:label="loc_ifrs-fullEquityMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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="loc_ifrs-fullSharePremiumMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullSharePremiumMember_10" order="11.0"/>
    <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="loc_ifrs-fullOrdinarySharesMember"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfCommonSharesMember" xlink:label="loc_glbsNumberOfCommonSharesMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOrdinarySharesMember" xlink:to="loc_glbsNumberOfCommonSharesMember_0" order="1.0"/>
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="loc_glbsNonExecutiveDirectorsMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsNonExecutiveDirectorsMember_0" order="2.0"/>
    <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="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
    <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="loc_ifrs-fullEarningsPerShareTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="loc_ifrs-fullEarningsPerShareTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullClassesOfOrdinarySharesAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullEarningsPerShareTable" xlink:to="loc_ifrs-fullClassesOfOrdinarySharesAxis" order="1.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfOrdinarySharesAxis" xlink:to="loc_ifrs-fullOrdinarySharesMember" order="20.0"/>
    <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="loc_ifrs-fullOrdinarySharesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfOrdinarySharesAxis" xlink:to="loc_ifrs-fullOrdinarySharesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullEarningsPerShareTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="2.0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullEarningsPerShareTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="3.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfOrdinarySharesIssued_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfOrdinarySharesIssued_130" order="0.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions_130" order="1.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails" xlink:title="00000068 - Disclosure -  Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails" xlink:title="00000069 - Disclosure - Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpensesDetails" xlink:title="00000070 - Disclosure -  Administrative Expenses (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails" xlink:title="00000071 - Disclosure -  Interest Expense and Finance Costs (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative" xlink:title="00000072 - Disclosure - Interest Expense and Finance Costs (Details Narrative)">
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="20.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember_0" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IfrsStatementLineItems" xlink:label="loc_glbsIfrsStatementLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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_OtherFinanceCost" xlink:label="loc_ifrs-fullOtherFinanceCost_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullOtherFinanceCost_20" order="0.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/DividendsDetailsNarrative" xlink:title="00000073 - Disclosure - Dividends (Details Narrative)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails" xlink:title="00000074 - Disclosure -  Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)">
    <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="loc_ifrs-fullMaturityAxis"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="20.0"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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="loc_ifrs-fullNotLaterThanOneYearMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember_0" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullMaturityAxis" order="1.0"/>
    <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_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullUndiscountedOperatingLeasePaymentsToBeReceived_50"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:to="loc_ifrs-fullUndiscountedOperatingLeasePaymentsToBeReceived_50" order="0.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CommitmentsDetailsNarrative" xlink:title="00000075 - Disclosure - Commitments (Details Narrative)">
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="20.0"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CyberonicaSAMember" xlink:label="loc_glbsCyberonicaSAMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsCyberonicaSAMember_0" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MonthlyRentalExpense" xlink:label="loc_glbsMonthlyRentalExpense_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsMonthlyRentalExpense_80" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseExpirationDate" xlink:label="loc_glbsLeaseExpirationDate_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLeaseExpirationDate_80" order="1.0"/>
    <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="loc_ifrs-fullDepreciationRightofuseAssets_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets_80" order="2.0"/>
    <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="loc_ifrs-fullInterestExpenseOnLeaseLiabilities_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities_80" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" xlink:label="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_80" order="7.0"/>
    <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_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="1.0"/>
    <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="loc_ifrs-fullCurrentLeaseLiabilities_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities_80" order="4.0"/>
    <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="loc_ifrs-fullNoncurrentLeaseLiabilities_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities_80" order="5.0"/>
    <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="loc_ifrs-fullRightofuseAssets_80"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullRightofuseAssets_80" order="6.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/IncomeTaxDetailsNarrative" xlink:title="00000076 - Disclosure - Income Tax (Details Narrative)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails" xlink:title="00000077 - Disclosure - Financial risk management objectives and policies - Interest rate risk (Details)"/>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails" xlink:title="00000078 - Disclosure -  Financial risk management objectives and policies - Foreign currency risk (Details)">
    <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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:label="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems"/>
    <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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:label="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="1.0"/>
    <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_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="20.0"/>
    <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_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseInExchangeRates" xlink:label="loc_glbsIncreaseInExchangeRates_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsIncreaseInExchangeRates_30" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:label="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_30" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecreaseInExchangeRates" xlink:label="loc_glbsDecreaseInExchangeRates_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsDecreaseInExchangeRates_30" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:label="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_30" order="3.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails" xlink:title="00000079 - Disclosure - Financial risk management objectives and policies - Concentration of credit risk table (Details)">
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="20.0"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererMember" xlink:label="loc_glbsMajorChartererMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsMajorChartererMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererBMember" xlink:label="loc_glbsMajorChartererBMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsMajorChartererBMember_30" order="31.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererCMember" xlink:label="loc_glbsMajorChartererCMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsMajorChartererCMember_60" order="61.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherMajorCharterersMember" xlink:label="loc_glbsOtherMajorCharterersMember_90"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsOtherMajorCharterersMember_90" order="91.0"/>
    <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_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="1.0"/>
    <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_DisclosureOfCreditRiskExposureLineItems" xlink:label="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems" xlink:to="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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="loc_ifrs-fullRevenueFromRenderingOfServices_160"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems" xlink:to="loc_ifrs-fullRevenueFromRenderingOfServices_160" order="0.0"/>
    <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_PercentageOfEntitysRevenue" xlink:label="loc_ifrs-fullPercentageOfEntitysRevenue_160"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems" xlink:to="loc_ifrs-fullPercentageOfEntitysRevenue_160" order="1.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails" xlink:title="00000080 - Disclosure - Financial risk management objectives and policies - Liquidity risk (Details)">
    <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="loc_ifrs-fullMaturityAxis"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="20.0"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LessThanThreeMonthsMember" xlink:label="loc_glbsLessThanThreeMonthsMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsLessThanThreeMonthsMember_0" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ThreeToTwelveMonthsMember" xlink:label="loc_glbsThreeToTwelveMonthsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsThreeToTwelveMonthsMember_10" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OneToFiveYearsMember" xlink:label="loc_glbsOneToFiveYearsMember_20"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsOneToFiveYearsMember_20" order="21.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MoreThanFiveYearsMember" xlink:label="loc_glbsMoreThanFiveYearsMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsMoreThanFiveYearsMember_30" order="31.0"/>
    <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="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullMaturityAxis" order="1.0"/>
    <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_DisclosureOfFinancialLiabilitiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <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_NoncurrentFinancialLiabilities" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilities_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilities_110" order="0.0"/>
    <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="loc_ifrs-fullLeaseLiabilities_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities_110" order="1.0"/>
    <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="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities_110" order="2.0"/>
    <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="loc_ifrs-fullTradeAndOtherCurrentPayables_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayables_110" order="3.0"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_110" order="4.0"/>
    <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="loc_ifrs-fullFinancialLiabilities_110"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities_110" order="5.0"/>
  </link:definitionLink>
  <link:definitionLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValuesMeasurementDetails" xlink:title="00000081 - Disclosure -  Fair values measurement (Details)">
    <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="loc_ifrs-fullClassesOfFinancialAssetsAxis"/>
    <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_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="20.0"/>
    <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_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FinancialAssetsAtFairValueIMember" xlink:label="loc_glbsFinancialAssetsAtFairValueIMember_0"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_glbsFinancialAssetsAtFairValueIMember_0" order="1.0"/>
    <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="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems"/>
    <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="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" order="10.0" xbrldt:contextElement="segment" xbrldt:closed="true"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="1.0"/>
    <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="loc_ifrs-fullMeasurementAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullMeasurementAxis" order="2.0"/>
    <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_AggregatedMeasurementMember" xlink:label="loc_ifrs-fullAggregatedMeasurementMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMeasurementAxis" xlink:to="loc_ifrs-fullAggregatedMeasurementMember" order="20.0"/>
    <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_AggregatedMeasurementMember" xlink:label="loc_ifrs-fullAggregatedMeasurementMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullMeasurementAxis" xlink:to="loc_ifrs-fullAggregatedMeasurementMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <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="loc_ifrs-fullAtFairValueMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedMeasurementMember" xlink:to="loc_ifrs-fullAtFairValueMember_10" order="11.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember" xlink:label="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember_60"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedMeasurementMember" xlink:to="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember_60" order="61.0"/>
    <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="loc_ifrs-fullLevelsOfFairValueHierarchyAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" order="3.0"/>
    <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_AllLevelsOfFairValueHierarchyMember" xlink:label="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" xlink:to="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" order="20.0"/>
    <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_AllLevelsOfFairValueHierarchyMember" xlink:label="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" xlink:to="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LevelIIMember" xlink:label="loc_glbsLevelIIMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" xlink:to="loc_glbsLevelIIMember_10" order="13.0"/>
    <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="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" order="4.0"/>
    <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_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" order="20.0"/>
    <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_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember_10"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember_10" order="30.0" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FinancialLiabilitiesAtFairValueIIMember" xlink:label="loc_glbsFinancialLiabilitiesAtFairValueIIMember_30"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_glbsFinancialLiabilitiesAtFairValueIIMember_30" order="31.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember" xlink:label="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember_70"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember_70" order="71.0"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialAssets_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialAssets_130" order="0.0"/>
    <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_FinancialAssetsAtFairValue" xlink:label="loc_ifrs-fullFinancialAssetsAtFairValue_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtFairValue_130" order="1.0"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_130" order="2.0"/>
    <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="loc_ifrs-fullFinancialLiabilitiesAtFairValue_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValue_130" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_glbsBorrowingsGross_130" order="4.0"/>
    <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="loc_ifrs-fullFinancialLiabilities_130"/>
    <link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities_130" order="5.0"/>
  </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>13
<FILENAME>glbs-20211231_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by Fujitsu Interstage XWand B0228 -->
<!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.11a -->
<!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
<!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesAddressTypeAxis" xlink:label="dei_EntityAddressesAddressTypeAxis"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressesAddressTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesAddressTypeAxis" xlink:to="dei_EntityAddressesAddressTypeAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_BusinessContactMember" xlink:label="dei_BusinessContactMember"/>
    <link:label xlink:type="resource" xlink:label="dei_BusinessContactMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Business Contact [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_BusinessContactMember" xlink:to="dei_BusinessContactMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issued capital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_SharePremiumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share premium [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDeficitMember" xlink:label="glbs_AccumulatedDeficitMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedDeficitMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accumulated Deficit [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDeficitMember" xlink:to="glbs_AccumulatedDeficitMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TotalMember" xlink:label="glbs_TotalMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_TotalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Total [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TotalMember" xlink:to="glbs_TotalMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Subsidiaries [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GlobusShipmanagementCorpMember" xlink:label="glbs_GlobusShipmanagementCorpMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_GlobusShipmanagementCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Globus Shipmanagement Corp. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_GlobusShipmanagementCorpMember" xlink:to="glbs_GlobusShipmanagementCorpMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DevoceanMaritimeLtdMember" xlink:label="glbs_DevoceanMaritimeLtdMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DevoceanMaritimeLtdMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Devocean Maritime Ltd. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DevoceanMaritimeLtdMember" xlink:to="glbs_DevoceanMaritimeLtdMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DominaMaritimeLtdMember" xlink:label="glbs_DominaMaritimeLtdMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DominaMaritimeLtdMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Domina Maritime Ltd. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DominaMaritimeLtdMember" xlink:to="glbs_DominaMaritimeLtdMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DulacMaritimeSAMember" xlink:label="glbs_DulacMaritimeSAMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DulacMaritimeSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dulac Maritime S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DulacMaritimeSAMember" xlink:to="glbs_DulacMaritimeSAMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ArtfulShipholdingSAMember" xlink:label="glbs_ArtfulShipholdingSAMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ArtfulShipholdingSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Artful Shipholding S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ArtfulShipholdingSAMember" xlink:to="glbs_ArtfulShipholdingSAMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongevityMaritimeLimitedMember" xlink:label="glbs_LongevityMaritimeLimitedMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_LongevityMaritimeLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Longevity Maritime Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongevityMaritimeLimitedMember" xlink:to="glbs_LongevityMaritimeLimitedMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SerenaMaritimeLimitedMember" xlink:label="glbs_SerenaMaritimeLimitedMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_SerenaMaritimeLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Serena Maritime Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SerenaMaritimeLimitedMember" xlink:to="glbs_SerenaMaritimeLimitedMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TalismanMaritimeLimitedMember" xlink:label="glbs_TalismanMaritimeLimitedMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_TalismanMaritimeLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Talisman Maritime Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TalismanMaritimeLimitedMember" xlink:to="glbs_TalismanMaritimeLimitedMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ArgoMaritimeLimitedMember" xlink:label="glbs_ArgoMaritimeLimitedMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ArgoMaritimeLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Argo Maritime Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ArgoMaritimeLimitedMember" xlink:to="glbs_ArgoMaritimeLimitedMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CalypsoShipholdingSAMember" xlink:label="glbs_CalypsoShipholdingSAMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_CalypsoShipholdingSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Calypso Shipholding S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CalypsoShipholdingSAMember" xlink:to="glbs_CalypsoShipholdingSAMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DaxosMaritimeLimitedMember" xlink:label="glbs_DaxosMaritimeLimitedMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DaxosMaritimeLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Daxos Maritime Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DaxosMaritimeLimitedMember" xlink:to="glbs_DaxosMaritimeLimitedMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OlympiaShipholdingSAMember" xlink:label="glbs_OlympiaShipholdingSAMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_OlympiaShipholdingSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Olympia Shipholding S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OlympiaShipholdingSAMember" xlink:to="glbs_OlympiaShipholdingSAMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ParalusShipholdingSAMember" xlink:label="glbs_ParalusShipholdingSAMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ParalusShipholdingSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Paralus Shipholding S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ParalusShipholdingSAMember" xlink:to="glbs_ParalusShipholdingSAMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SalaminiaMaritimeLimitedMember" xlink:label="glbs_SalaminiaMaritimeLimitedMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_SalaminiaMaritimeLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Salaminia Maritime Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SalaminiaMaritimeLimitedMember" xlink:to="glbs_SalaminiaMaritimeLimitedMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DeferredDryDockingCostsMember" xlink:label="glbs_DeferredDryDockingCostsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DeferredDryDockingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Deferred Dry-docking costs [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DeferredDryDockingCostsMember" xlink:to="glbs_DeferredDryDockingCostsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsMember" xlink:label="glbs_VesselsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselsMember" xlink:to="glbs_VesselsMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsByNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTMember" xlink:label="glbs_CiTMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_CiTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CiT Loan Facility [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CiTMember" xlink:to="glbs_CiTMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="glbs_EnTrustMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_EnTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">EnTrust loan facility [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_EnTrustMember" xlink:to="glbs_EnTrustMember_lbl"/>
    <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_CounterpartiesAxis" xlink:label="ifrs-full_CounterpartiesAxis"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CounterpartiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Counterparties [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CounterpartiesAxis" xlink:to="ifrs-full_CounterpartiesAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CyberonicaSAMember" xlink:label="glbs_CyberonicaSAMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_CyberonicaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cyberonica S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CyberonicaSAMember" xlink:to="glbs_CyberonicaSAMember_lbl"/>
    <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_ClassesOfAssetsAxis" xlink:label="ifrs-full_ClassesOfAssetsAxis"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office350SquareMetersMember" xlink:label="glbs_Office350SquareMetersMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_Office350SquareMetersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">For 350 Square meters [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_Office350SquareMetersMember" xlink:to="glbs_Office350SquareMetersMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="glbs_FirmentShippingIncMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_FirmentShippingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Firment Shipping Inc. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_FirmentShippingIncMember" xlink:to="glbs_FirmentShippingIncMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office552SquareMetersMember" xlink:label="glbs_Office552SquareMetersMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_Office552SquareMetersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">For extra 552 Square meters [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_Office552SquareMetersMember" xlink:to="glbs_Office552SquareMetersMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:label="glbs_AffiliatedCompanyOfCompanysCEOMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_AffiliatedCompanyOfCompanysCEOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Goldenmare Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:to="glbs_AffiliatedCompanyOfCompanysCEOMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalAxis" xlink:to="ifrs-full_ClassesOfShareCapitalAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreferredSharesMember" xlink:label="glbs_PreferredSharesMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_PreferredSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PreferredSharesMember" xlink:to="glbs_PreferredSharesMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ChairmanOfTheBoardOfDirectorsMember" xlink:label="glbs_ChairmanOfTheBoardOfDirectorsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ChairmanOfTheBoardOfDirectorsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Chairman of the Board of Directors [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ChairmanOfTheBoardOfDirectorsMember" xlink:to="glbs_ChairmanOfTheBoardOfDirectorsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmendedAndRestatedAgreementMember" xlink:label="glbs_AmendedAndRestatedAgreementMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_AmendedAndRestatedAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amended And Restated Agreement [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmendedAndRestatedAgreementMember" xlink:to="glbs_AmendedAndRestatedAgreementMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Range [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember"/>
    <link:label xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Minimum [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumMember" xlink:to="srt_MinimumMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EolosShipmanagementMember" xlink:label="glbs_EolosShipmanagementMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_EolosShipmanagementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Eolos Shipmanagement S.A [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_EolosShipmanagementMember" xlink:to="glbs_EolosShipmanagementMember_lbl"/>
    <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_CapitalRequirementsAxis" xlink:label="ifrs-full_CapitalRequirementsAxis"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CapitalRequirementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Capital requirements [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalRequirementsAxis" xlink:to="ifrs-full_CapitalRequirementsAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DailyRateMember" xlink:label="glbs_DailyRateMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DailyRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Daily rate [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DailyRateMember" xlink:to="glbs_DailyRateMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="glbs_NonExecutiveDirectorsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_NonExecutiveDirectorsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Non-Executive Directors [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NonExecutiveDirectorsMember" xlink:to="glbs_NonExecutiveDirectorsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExecutiveDirectorMember" xlink:label="glbs_ExecutiveDirectorMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ExecutiveDirectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Executive Director [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExecutiveDirectorMember" xlink:to="glbs_ExecutiveDirectorMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accumulated depreciation, amortisation and impairment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:to="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryDockingMember" xlink:label="glbs_DryDockingMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DryDockingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dry docking [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DryDockingMember" xlink:to="glbs_DryDockingMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CarryingAmountIMember" xlink:label="glbs_CarryingAmountIMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_CarryingAmountIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Carrying Amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CarryingAmountIMember" xlink:to="glbs_CarryingAmountIMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GalaxyGlobeMember" xlink:label="glbs_GalaxyGlobeMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_GalaxyGlobeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Galaxy Globe [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_GalaxyGlobeMember" xlink:to="glbs_GalaxyGlobeMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryBulkCarriersMember" xlink:label="glbs_DryBulkCarriersMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DryBulkCarriersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Six dry bulk carriers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DryBulkCarriersMember" xlink:to="glbs_DryBulkCarriersMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NordVenusMember" xlink:label="glbs_NordVenusMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_NordVenusMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Nord Venus [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NordVenusMember" xlink:to="glbs_NordVenusMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Yangze11Member" xlink:label="glbs_Yangze11Member"/>
    <link:label xlink:type="resource" xlink:label="glbs_Yangze11Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Yangze 11 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_Yangze11Member" xlink:to="glbs_Yangze11Member_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PeakLibertyMember" xlink:label="glbs_PeakLibertyMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_PeakLibertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Peak Liberty [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PeakLibertyMember" xlink:to="glbs_PeakLibertyMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SupramaxMember" xlink:label="glbs_SupramaxMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_SupramaxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Supramax [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SupramaxMember" xlink:to="glbs_SupramaxMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PanamaxMember" xlink:label="glbs_PanamaxMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_PanamaxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Panamax [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PanamaxMember" xlink:to="glbs_PanamaxMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVRiverGlobeMember" xlink:label="glbs_MVRiverGlobeMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MVRiverGlobeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">m/v River Globe [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MVRiverGlobeMember" xlink:to="glbs_MVRiverGlobeMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVSkyGlobeMember" xlink:label="glbs_MVSkyGlobeMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MVSkyGlobeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">m/v Sky Globe [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MVSkyGlobeMember" xlink:to="glbs_MVSkyGlobeMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVStarGlobeMember" xlink:label="glbs_MVStarGlobeMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MVStarGlobeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">m/v Star Globe [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MVStarGlobeMember" xlink:to="glbs_MVStarGlobeMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVSunGlobeMember" xlink:label="glbs_MVSunGlobeMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MVSunGlobeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">m/v Sun Globe [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MVSunGlobeMember" xlink:to="glbs_MVSunGlobeMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVMoonGlobeMember" xlink:label="glbs_MVMoonGlobeMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MVMoonGlobeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">m/v Moon Globe [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MVMoonGlobeMember" xlink:to="glbs_MVMoonGlobeMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CommonSharesMember" xlink:label="glbs_CommonSharesMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_CommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CommonSharesMember" xlink:to="glbs_CommonSharesMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBCommonSharesMember" xlink:label="glbs_ClassBCommonSharesMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ClassBCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class B Common Shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ClassBCommonSharesMember" xlink:to="glbs_ClassBCommonSharesMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_OrdinarySharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Ordinary shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OrdinarySharesMember" xlink:to="ifrs-full_OrdinarySharesMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBPreferredSharesMember" xlink:label="glbs_ClassBPreferredSharesMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ClassBPreferredSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class B Preferred Shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ClassBPreferredSharesMember" xlink:to="glbs_ClassBPreferredSharesMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConvertibleNoteMember" xlink:label="glbs_ConvertibleNoteMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ConvertibleNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Convertible Note [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConvertibleNoteMember" xlink:to="glbs_ConvertibleNoteMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MaximGroupLLCMember" xlink:label="glbs_MaximGroupLLCMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MaximGroupLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Maxim Group LLC [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MaximGroupLLCMember" xlink:to="glbs_MaximGroupLLCMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_MaturityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Maturity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FortyFiveDayOptionMember" xlink:label="glbs_FortyFiveDayOptionMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_FortyFiveDayOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">45-day option [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_FortyFiveDayOptionMember" xlink:to="glbs_FortyFiveDayOptionMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassAWarrantsMember" xlink:label="glbs_ClassAWarrantsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ClassAWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A Warrants [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ClassAWarrantsMember" xlink:to="glbs_ClassAWarrantsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PPWarrantsMember" xlink:label="glbs_PPWarrantsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_PPWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">PP Warrants [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PPWarrantsMember" xlink:to="glbs_PPWarrantsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis"/>
    <link:label xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl"/>
    <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_TopOfRangeMember" xlink:label="ifrs-full_TopOfRangeMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_TopOfRangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Top of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bottom of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_InstitutionalInvestorsMember" xlink:label="glbs_InstitutionalInvestorsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_InstitutionalInvestorsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Institutional investors [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_InstitutionalInvestorsMember" xlink:to="glbs_InstitutionalInvestorsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreFundedWarrantsMember" xlink:label="glbs_PreFundedWarrantsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_PreFundedWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Pre-funded warrants [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PreFundedWarrantsMember" xlink:to="glbs_PreFundedWarrantsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecemberWarrantsMember" xlink:label="glbs_DecemberWarrantsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DecemberWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">December Warrants [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DecemberWarrantsMember" xlink:to="glbs_DecemberWarrantsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_January2021WarrantsMember" xlink:label="glbs_January2021WarrantsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_January2021WarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">January 2021 Warrants [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_January2021WarrantsMember" xlink:to="glbs_January2021WarrantsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_February2021WarrantsMember" xlink:label="glbs_February2021WarrantsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_February2021WarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">February 2021 Warrants [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_February2021WarrantsMember" xlink:to="glbs_February2021WarrantsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_June2021WarrantsMember" xlink:label="glbs_June2021WarrantsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_June2021WarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">June 2021 Warrants [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_June2021WarrantsMember" xlink:to="glbs_June2021WarrantsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" xlink:label="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" xlink:to="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTLoanFacilityMember" xlink:label="glbs_CiTLoanFacilityMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_CiTLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CIT Loan Facility [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CiTLoanFacilityMember" xlink:to="glbs_CiTLoanFacilityMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SWAPAgreementMember" xlink:label="glbs_SWAPAgreementMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_SWAPAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">SWAP Agreement [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SWAPAgreementMember" xlink:to="glbs_SWAPAgreementMember_lbl"/>
    <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_CategoriesOfFinancialAssetsAxis" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PrepaymentOnOrBeforeMay2022Member" xlink:label="glbs_PrepaymentOnOrBeforeMay2022Member"/>
    <link:label xlink:type="resource" xlink:label="glbs_PrepaymentOnOrBeforeMay2022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prepayment occurs on or before May 10, 2022 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PrepaymentOnOrBeforeMay2022Member" xlink:to="glbs_PrepaymentOnOrBeforeMay2022Member_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member" xlink:label="glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member"/>
    <link:label xlink:type="resource" xlink:label="glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prepayment occurs on or before May 10, 2023 but after May 10, 2022 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member" xlink:to="glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl"/>
    <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_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl"/>
    <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_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl"/>
    <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_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl"/>
    <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_LaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFiveYearsMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" xlink:label="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" xlink:to="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Later than two years and not later than three years [member] [Default Label]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" xlink:to="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember_2_lbl"/>
    <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_LaterThanThreeYearsMember" xlink:label="ifrs-full_LaterThanThreeYearsMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Later than three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsMember_lbl"/>
    <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_WeightedAverageMember" xlink:label="ifrs-full_WeightedAverageMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Weighted average [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageMember" xlink:to="ifrs-full_WeightedAverageMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfOrdinarySharesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfOrdinarySharesAxis" xlink:to="ifrs-full_ClassesOfOrdinarySharesAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfCommonSharesMember" xlink:label="glbs_NumberOfCommonSharesMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of common shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfCommonSharesMember" xlink:to="glbs_NumberOfCommonSharesMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Not later than one year [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl"/>
    <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_TypesOfRisksAxis" xlink:label="ifrs-full_TypesOfRisksAxis"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl"/>
    <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_CurrencyRiskMember" xlink:label="ifrs-full_CurrencyRiskMember"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrencyRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Currency risk [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrencyRiskMember" xlink:to="ifrs-full_CurrencyRiskMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererMember" xlink:label="glbs_MajorChartererMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MajorChartererMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MajorChartererMember" xlink:to="glbs_MajorChartererMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererBMember" xlink:label="glbs_MajorChartererBMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MajorChartererBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MajorChartererBMember" xlink:to="glbs_MajorChartererBMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererCMember" xlink:label="glbs_MajorChartererCMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MajorChartererCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MajorChartererCMember" xlink:to="glbs_MajorChartererCMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherMajorCharterersMember" xlink:label="glbs_OtherMajorCharterersMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_OtherMajorCharterersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OtherMajorCharterersMember" xlink:to="glbs_OtherMajorCharterersMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LessThanThreeMonthsMember" xlink:label="glbs_LessThanThreeMonthsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_LessThanThreeMonthsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Less than 3 months [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LessThanThreeMonthsMember" xlink:to="glbs_LessThanThreeMonthsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ThreeToTwelveMonthsMember" xlink:label="glbs_ThreeToTwelveMonthsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_ThreeToTwelveMonthsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">3 to 12 months [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ThreeToTwelveMonthsMember" xlink:to="glbs_ThreeToTwelveMonthsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OneToFiveYearsMember" xlink:label="glbs_OneToFiveYearsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_OneToFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">1 to 5 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OneToFiveYearsMember" xlink:to="glbs_OneToFiveYearsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MoreThanFiveYearsMember" xlink:label="glbs_MoreThanFiveYearsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_MoreThanFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">More than 5 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MoreThanFiveYearsMember" xlink:to="glbs_MoreThanFiveYearsMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FinancialAssetsAtFairValueIMember" xlink:label="glbs_FinancialAssetsAtFairValueIMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_FinancialAssetsAtFairValueIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial assets measured at fair value [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_FinancialAssetsAtFairValueIMember" xlink:to="glbs_FinancialAssetsAtFairValueIMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_MeasurementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Measurement [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">At fair value [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LevelIIMember" xlink:label="glbs_LevelIIMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_LevelIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Level 2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LevelIIMember" xlink:to="glbs_LevelIIMember_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FinancialLiabilitiesAtFairValueIIMember" xlink:label="glbs_FinancialLiabilitiesAtFairValueIIMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_FinancialLiabilitiesAtFairValueIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial liabilities measured at fair value [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_FinancialLiabilitiesAtFairValueIIMember" xlink:to="glbs_FinancialLiabilitiesAtFairValueIIMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember" xlink:label="glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial liabilities not measured at fair value [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember" xlink:to="glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesTable" xlink:label="dei_EntityAddressesTable"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Addresses [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesTable" xlink:to="dei_EntityAddressesTable_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesLineItems" xlink:label="dei_EntityAddressesLineItems"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Addresses [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesLineItems" xlink:to="dei_EntityAddressesLineItems_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
    <link:label xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amendment Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription"/>
    <link:label xlink:type="resource" xlink:label="dei_AmendmentDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amendment Description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentRegistrationStatement_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Registration Statement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentAnnualReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Annual Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Quarterly Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Transition Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentShellCompanyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Shell Company Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Shell Company Event Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentPeriodStartDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Period Start Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Period End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>
    <link:label xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity File Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityPrimarySicNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Primary SIC Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Address, Address Line Two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Address, Address Line Three</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCountry_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Address, Country</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion"/>
    <link:label xlink:type="resource" xlink:label="dei_CountryRegion_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Country Region</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>
    <link:label xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">City Area Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>
    <link:label xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Local Phone Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Extension" xlink:label="dei_Extension"/>
    <link:label xlink:type="resource" xlink:label="dei_Extension_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Extension</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>
    <link:label xlink:type="resource" xlink:label="dei_WrittenCommunications_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Written Communications</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>
    <link:label xlink:type="resource" xlink:label="dei_SolicitingMaterial_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Soliciting Material</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>
    <link:label xlink:type="resource" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>
    <link:label xlink:type="resource" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>
    <link:label xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag"/>
    <link:label xlink:type="resource" xlink:label="dei_NoTradingSymbolFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">No Trading Symbol Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
    <link:label xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Trading Symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>
    <link:label xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Security Exchange Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle"/>
    <link:label xlink:type="resource" xlink:label="dei_Security12gTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Title of 12(g) Security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation"/>
    <link:label xlink:type="resource" xlink:label="dei_SecurityReportingObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Security Reporting Obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm"/>
    <link:label xlink:type="resource" xlink:label="dei_AnnualInformationForm_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Annual Information Form</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements"/>
    <link:label xlink:type="resource" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Audited Annual Financial Statements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityVoluntaryFilers_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Interactive Data Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Filer Category</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness"/>
    <link:label xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Small Business</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentAccountingStandard_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Document Accounting Standard</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber"/>
    <link:label xlink:type="resource" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Shell Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityPublicFloat_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Public Float</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock"/>
    <link:label xlink:type="resource" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_ContactPersonnelName" xlink:label="dei_ContactPersonnelName"/>
    <link:label xlink:type="resource" xlink:label="dei_ContactPersonnelName_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_ContactPersonnelName" xlink:to="dei_ContactPersonnelName_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="dei_IcfrAuditorAttestationFlag"/>
    <link:label xlink:type="resource" xlink:label="dei_IcfrAuditorAttestationFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_IcfrAuditorAttestationFlag" xlink:to="dei_IcfrAuditorAttestationFlag_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorFirmId" xlink:label="dei_AuditorFirmId"/>
    <link:label xlink:type="resource" xlink:label="dei_AuditorFirmId_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Auditor Firm ID</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorFirmId" xlink:to="dei_AuditorFirmId_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorName" xlink:label="dei_AuditorName"/>
    <link:label xlink:type="resource" xlink:label="dei_AuditorName_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Auditor Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorName" xlink:to="dei_AuditorName_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorLocation" xlink:label="dei_AuditorLocation"/>
    <link:label xlink:type="resource" xlink:label="dei_AuditorLocation_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Auditor Location</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorLocation" xlink:to="dei_AuditorLocation_lbl"/>
    <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_IncomeStatementAbstract" xlink:label="ifrs-full_IncomeStatementAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Profit or loss [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RevenueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">REVENUE:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueAbstract" xlink:to="ifrs-full_RevenueAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RevenueFromRenderingOfServices_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Voyage revenues</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromRenderingOfServices" xlink:to="ifrs-full_RevenueFromRenderingOfServices_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_RevenueFromRenderingOfServices_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromRenderingOfServices" xlink:to="ifrs-full_RevenueFromRenderingOfServices_2_lbl"/>
    <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_FeeAndCommissionIncome" xlink:label="ifrs-full_FeeAndCommissionIncome"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Management &amp; consulting fee income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FeeAndCommissionIncome" xlink:to="ifrs-full_FeeAndCommissionIncome_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total Revenues</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Revenue_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_MaterialIncomeAndExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">EXPENSES &amp; OTHER OPERATING INCOME:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:to="ifrs-full_MaterialIncomeAndExpenseAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ServicesExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Voyage expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ServicesExpense" xlink:to="ifrs-full_ServicesExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ServicesExpense_2_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ServicesExpense" xlink:to="ifrs-full_ServicesExpense_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ServicesExpense_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Services expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ServicesExpense" xlink:to="ifrs-full_ServicesExpense_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OperatingCosts" xlink:label="glbs_OperatingCosts"/>
    <link:label xlink:type="resource" xlink:label="glbs_OperatingCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Vessel operating expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OperatingCosts" xlink:to="glbs_OperatingCosts_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_OperatingCosts_2_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OperatingCosts" xlink:to="glbs_OperatingCosts_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_OperatingCosts_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of all operating expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OperatingCosts" xlink:to="glbs_OperatingCosts_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_OperatingCosts_4_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Operating expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OperatingCosts" xlink:to="glbs_OperatingCosts_4_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DepreciationExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Depreciation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationExpense_2_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationExpense_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DepreciationOfDryDockingCosts" xlink:label="glbs_DepreciationOfDryDockingCosts"/>
    <link:label xlink:type="resource" xlink:label="glbs_DepreciationOfDryDockingCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Depreciation of dry-docking costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfDryDockingCosts" xlink:to="glbs_DepreciationOfDryDockingCosts_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DepreciationOfDryDockingCosts_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of depreciation of dry-docking costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfDryDockingCosts" xlink:to="glbs_DepreciationOfDryDockingCosts_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DepreciationOfDryDockingCosts_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation Of Dry Docking Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfDryDockingCosts" xlink:to="glbs_DepreciationOfDryDockingCosts_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdministrativeExpense_2_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdministrativeExpense_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Administrative expenses payable to related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:to="glbs_AdministrativeExpenseRelatedPartyTransactions_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of expenses that the entity classifies as being administrative resulting from related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:to="glbs_AdministrativeExpenseRelatedPartyTransactions_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Administrative Expense Related Party Transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:to="glbs_AdministrativeExpenseRelatedPartyTransactions_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DirectorsCompensationSharebasedPayment" xlink:label="glbs_DirectorsCompensationSharebasedPayment"/>
    <link:label xlink:type="resource" xlink:label="glbs_DirectorsCompensationSharebasedPayment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Share-based payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DirectorsCompensationSharebasedPayment" xlink:to="glbs_DirectorsCompensationSharebasedPayment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DirectorsCompensationSharebasedPayment_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share-based payments (Note 12)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DirectorsCompensationSharebasedPayment" xlink:to="glbs_DirectorsCompensationSharebasedPayment_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DirectorsCompensationSharebasedPayment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of compensation to directors in the form of share-based payments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DirectorsCompensationSharebasedPayment" xlink:to="glbs_DirectorsCompensationSharebasedPayment_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLoss_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLoss_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Impairment loss [Default Label]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Operating income/(loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Profit (loss) from operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RevenueFromInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Interest expense and finance costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_2_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Finance costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Gain/(loss) on derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Gains (losses) on change in fair value of derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign exchange gains/(losses), net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL INCOME/(LOSS) FOR THE YEAR</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income / (Loss) for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_3_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Income / (Loss) for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other Comprehensive Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncome_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THE YEAR</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LossEarningsPerShareAbstract" xlink:label="glbs_LossEarningsPerShareAbstract"/>
    <link:label xlink:type="resource" xlink:label="glbs_LossEarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Earnings/(Loss) per share (U.S.$):</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LossEarningsPerShareAbstract" xlink:to="glbs_LossEarningsPerShareAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">&#160;- Basic and Diluted income/(loss) per share for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">NON-CURRENT ASSETS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsAbstract" xlink:to="ifrs-full_NoncurrentAssetsAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_Ships_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Ships" xlink:to="ifrs-full_Ships_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Ships_2_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balance beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Ships" xlink:to="ifrs-full_Ships_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Ships_3_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balance ending of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Ships" xlink:to="ifrs-full_Ships_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_OfficeEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Office furniture and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OfficeEquipment" xlink:to="ifrs-full_OfficeEquipment_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RightofuseAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Right of use asset</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_RightofuseAssets_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Restricted cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Non-current restricted cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Fair value of derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Non-current derivative financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentAssets" xlink:to="ifrs-full_OtherNoncurrentAssets_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssets_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CURRENT ASSETS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Trade accounts receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_Inventories_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Inventories_2_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prepayments and other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets" xlink:to="ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentRestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Restricted cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_CurrentRestrictedCashAndCashEquivalents_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentRestrictedCashAndCashEquivalents_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current restricted cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_CurrentRestrictedCashAndCashEquivalents_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_2_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Cash and cash equivalents at the beginning of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_3_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Cash and cash equivalents at the end of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_3_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_4_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_4_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentAssets_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Assets_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">EQUITY AND LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">EQUITY</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issued share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_2_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balance beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_3_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balance ending of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_SharePremium_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremium" xlink:to="ifrs-full_SharePremium_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RetainedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accumulated deficit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_Equity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Equity_2_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Equity_3_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_3_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Equity_4_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_4_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NoncurrentLiabilitiesIAbstract" xlink:label="glbs_NoncurrentLiabilitiesIAbstract"/>
    <link:label xlink:type="resource" xlink:label="glbs_NoncurrentLiabilitiesIAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">NON-CURRENT LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NoncurrentLiabilitiesIAbstract" xlink:to="glbs_NoncurrentLiabilitiesIAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Long-term borrowings, net of current portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowings_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total Borrowings - Long-Term Portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Provision for staff retirement indemnities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Non-current lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CURRENT LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilitiesAbstract" xlink:to="ifrs-full_CurrentLiabilitiesAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current portion of long-term borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_2_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Total Borrowings - Current Portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="ifrs-full_CurrentPortionOfLongtermBorrowings_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Trade accounts payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Trade and other current payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_3_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Trade accounts payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accrued liabilities and other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:to="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:to="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current portion of lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentLeaseLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Current lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Fair value of derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current derivative financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DeferredIncomeIncludingContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Deferred revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredIncomeIncludingContractLiabilities" xlink:to="ifrs-full_DeferredIncomeIncludingContractLiabilities_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Liabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">TOTAL EQUITY AND LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Equity and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityTable" xlink:to="ifrs-full_StatementOfChangesInEquityTable_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="ifrs-full_StatementOfChangesInEquityLineItems_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share-based payments (note 12)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Stock issued during the year (value) - Share based compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of common stock due to conversion (note 11)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments" xlink:to="ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IssueOfEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of new common shares (Note 9)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_IssueOfEquity_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of new common stocks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of new common shares due to exercise of Warrants (Note 9)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issuance of common stock due to exercise of pre-funded warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfPreferredShares" xlink:label="glbs_IssueOfPreferredShares"/>
    <link:label xlink:type="resource" xlink:label="glbs_IssueOfPreferredShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of Class B preferred shares (Note 4)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfPreferredShares" xlink:to="glbs_IssueOfPreferredShares_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IssueOfPreferredShares_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Issue of preferred shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfPreferredShares" xlink:to="glbs_IssueOfPreferredShares_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IssueOfPreferredShares_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The increase in equity through the issue of preferred shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfPreferredShares" xlink:to="glbs_IssueOfPreferredShares_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ShareIssueRelatedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Transaction costs on issue of new common shares (Note 9)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareIssueRelatedCost" xlink:to="ifrs-full_ShareIssueRelatedCost_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ShareIssueRelatedCost_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Share issue related cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareIssueRelatedCost" xlink:to="ifrs-full_ShareIssueRelatedCost_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationExpense" xlink:to="ifrs-full_AdjustmentsForDepreciationExpense_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" xlink:label="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation of deferred dry-docking costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" xlink:to="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" xlink:to="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PaymentsOfDeferredDryDockingCosts" xlink:label="glbs_PaymentsOfDeferredDryDockingCosts"/>
    <link:label xlink:type="resource" xlink:label="glbs_PaymentsOfDeferredDryDockingCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Payment of deferred dry-docking costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PaymentsOfDeferredDryDockingCosts" xlink:to="glbs_PaymentsOfDeferredDryDockingCosts_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_PaymentsOfDeferredDryDockingCosts_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The cash outflow for deferred dry-docking costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PaymentsOfDeferredDryDockingCosts" xlink:to="glbs_PaymentsOfDeferredDryDockingCosts_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_PaymentsOfDeferredDryDockingCosts_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payments Of Deferred Dry Docking Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PaymentsOfDeferredDryDockingCosts" xlink:to="glbs_PaymentsOfDeferredDryDockingCosts_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Provision for staff retirement indemnities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">(Gain)/Loss on derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for gains (losses) on change in fair value of derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForFinanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest expense and finance costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceCosts" xlink:to="ifrs-full_AdjustmentsForFinanceCosts_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForInterestIncome_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestIncome" xlink:to="ifrs-full_AdjustmentsForInterestIncome_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForInterestIncome_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestIncome" xlink:to="ifrs-full_AdjustmentsForInterestIncome_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign exchange gains, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share based payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Trade accounts receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for decrease (increase) in trade accounts receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for decrease (increase) in inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Prepayments and other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for decrease (increase) in other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Trade accounts payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for increase (decrease) in trade accounts payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accrued liabilities and other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments For Increase Decrease In Accrued Liabilities And Other Payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Deferred revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Adjustments for increase (decrease) in deferred income including contract liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Net cash generated from / (used in) operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash flows from investing activities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Vessels acquisition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_2_lbl"/>
    <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_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Purchase of vessel equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Purchases of office furniture and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Purchase of other long-term assets, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_InterestReceivedClassifiedAsInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsInvestingActivities_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash flows from financing activities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proceeds from loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Proceeds from borrowings, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Repayment of long-term debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Repayments of borrowings, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPrepaymentAmount" xlink:label="glbs_DebtInstrumentPrepaymentAmount"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentPrepaymentAmount_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Prepayment of long-term debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPrepaymentAmount" xlink:to="glbs_DebtInstrumentPrepaymentAmount_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentPrepaymentAmount_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Instrument Prepayment Amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPrepaymentAmount" xlink:to="glbs_DebtInstrumentPrepaymentAmount_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentPrepaymentAmount_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of debt prepaid during the reporting period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPrepaymentAmount" xlink:to="glbs_DebtInstrumentPrepaymentAmount_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromIssuingShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proceeds from issuance of share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssuingShares" xlink:to="ifrs-full_ProceedsFromIssuingShares_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromIssuingShares_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Proceeds from issuing shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssuingShares" xlink:to="ifrs-full_ProceedsFromIssuingShares_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProceedsFromWarrantExercises" xlink:label="glbs_ProceedsFromWarrantExercises"/>
    <link:label xlink:type="resource" xlink:label="glbs_ProceedsFromWarrantExercises_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proceeds from exercise of Warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProceedsFromWarrantExercises" xlink:to="glbs_ProceedsFromWarrantExercises_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_ProceedsFromWarrantExercises_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Proceeds From Warrant Exercises</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProceedsFromWarrantExercises" xlink:to="glbs_ProceedsFromWarrantExercises_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_ProceedsFromWarrantExercises_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The cash inflow associated with the amount received from holders exercising their stock warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProceedsFromWarrantExercises" xlink:to="glbs_ProceedsFromWarrantExercises_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_PaymentsForShareIssueCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Transaction costs on issuance of new common shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForShareIssueCosts" xlink:to="ifrs-full_PaymentsForShareIssueCosts_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_PaymentsForShareIssueCosts_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payments for share issue costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForShareIssueCosts" xlink:to="ifrs-full_PaymentsForShareIssueCosts_2_lbl"/>
    <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_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:label="ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">(Increase)/decrease in restricted cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:to="ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_PaymentsForDebtIssueCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Payment of financing costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForDebtIssueCosts" xlink:to="ifrs-full_PaymentsForDebtIssueCosts_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_PaymentsForDebtIssueCosts_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payments for debt issue costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForDebtIssueCosts" xlink:to="ifrs-full_PaymentsForDebtIssueCosts_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Payment of lease liability - principal</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Interest paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest paid, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsFinancingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Net cash generated from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Net increase in cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of subsidiaries [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Basis of presentation and general information</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of initial application of standards or interpretations [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Basis of Preparation and Significant Accounting Policies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash and cash equivalents [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsAbstract" xlink:to="ifrs-full_CashAndCashEquivalentsAbstract_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash and cash equivalents and Restricted cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of transactions between related parties [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_lbl"/>
    <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_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Transactions with Related Parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl"/>
    <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_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract_lbl"/>
    <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_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Vessels, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_2_lbl"/>
    <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_ClassesOfInventoriesAbstract" xlink:label="ifrs-full_ClassesOfInventoriesAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfInventoriesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Classes of current inventories [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfInventoriesAbstract" xlink:to="ifrs-full_ClassesOfInventoriesAbstract_lbl"/>
    <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_DisclosureOfInventoriesExplanatory" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="ifrs-full_DisclosureOfInventoriesExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of inventories [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="ifrs-full_DisclosureOfInventoriesExplanatory_2_lbl"/>
    <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_TradeAndOtherPayablesAbstract" xlink:label="ifrs-full_TradeAndOtherPayablesAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayablesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Trade and other payables [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesAbstract" xlink:to="ifrs-full_TradeAndOtherPayablesAbstract_lbl"/>
    <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_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Trade accounts payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of trade and other payables [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_2_lbl"/>
    <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_MiscellaneousCurrentLiabilitiesAbstract" xlink:label="ifrs-full_MiscellaneousCurrentLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousCurrentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Miscellaneous current liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousCurrentLiabilitiesAbstract" xlink:to="ifrs-full_MiscellaneousCurrentLiabilitiesAbstract_lbl"/>
    <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_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" xlink:label="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accrued liabilities and other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of accrued expenses and other liabilities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_2_lbl"/>
    <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_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of classes of share capital [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_lbl"/>
    <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_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share Capital and Share Premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Earnings per share [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract_lbl"/>
    <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_DisclosureOfEarningsPerShareExplanatory" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Earnings/(Loss) per Share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of detailed information about borrowings [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Long-Term Debt, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_lbl"/>
    <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_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share Based Payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:to="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl"/>
    <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_ExpenseByNatureAbstract" xlink:label="ifrs-full_ExpenseByNatureAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ExpenseByNatureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Expenses by nature [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseByNatureAbstract" xlink:to="ifrs-full_ExpenseByNatureAbstract_lbl"/>
    <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_DisclosureOfOtherOperatingExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Voyage Expenses and Vessel Operating Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_lbl"/>
    <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_SellingGeneralAndAdministrativeExpenseAbstract" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpenseAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Selling, general and administrative expense [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingGeneralAndAdministrativeExpenseAbstract" xlink:to="ifrs-full_SellingGeneralAndAdministrativeExpenseAbstract_lbl"/>
    <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_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Administrative Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl"/>
    <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_InterestCostsAbstract" xlink:label="ifrs-full_InterestCostsAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestCostsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest costs [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestCostsAbstract" xlink:to="ifrs-full_InterestCostsAbstract_lbl"/>
    <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_DisclosureOfInterestExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfInterestExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInterestExpenseExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest Expense and Finance Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfInterestExpenseExplanatory_lbl"/>
    <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_MiscellaneousLiabilitiesAbstract" xlink:label="ifrs-full_MiscellaneousLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Miscellaneous liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousLiabilitiesAbstract" xlink:to="ifrs-full_MiscellaneousLiabilitiesAbstract_lbl"/>
    <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_DisclosureOfDividendsExplanatory" xlink:label="ifrs-full_DisclosureOfDividendsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDividendsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDividendsExplanatory" xlink:to="ifrs-full_DisclosureOfDividendsExplanatory_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of contingent liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:to="ifrs-full_DisclosureOfContingentLiabilitiesAbstract_lbl"/>
    <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_DisclosureOfContingentLiabilitiesExplanatory" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Contingencies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfContingentLiabilitiesExplanatory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:label="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:to="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract_lbl"/>
    <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_DisclosureOfCommitmentsExplanatory" xlink:label="ifrs-full_DisclosureOfCommitmentsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCommitmentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCommitmentsExplanatory" xlink:to="ifrs-full_DisclosureOfCommitmentsExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCommitmentsExplanatory_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of commitments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCommitmentsExplanatory" xlink:to="ifrs-full_DisclosureOfCommitmentsExplanatory_2_lbl"/>
    <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_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:label="ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Major components of tax expense (income) [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract_lbl"/>
    <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_DisclosureOfIncomeTaxExplanatory" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income Tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:to="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl"/>
    <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_DisclosureOfFinancialInstrumentsAbstract" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of detailed information about financial instruments [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsAbstract_lbl"/>
    <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_DisclosureOfFinancialRiskManagementExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial risk management objectives and policies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_lbl"/>
    <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_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of fair value measurement of assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract_lbl"/>
    <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_DisclosureOfFairValueMeasurementExplanatory" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Fair values</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_lbl"/>
    <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_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Events after the reporting date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl"/>
    <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_DisclosureOfGoingConcernExplanatory" xlink:label="ifrs-full_DisclosureOfGoingConcernExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGoingConcernExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Basis of Preparation:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGoingConcernExplanatory" xlink:to="ifrs-full_DisclosureOfGoingConcernExplanatory_lbl"/>
    <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"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Standards amendments and interpretations:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:to="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_lbl"/>
    <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_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Significant accounting policies, judgments, estimates and assumptions:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:to="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accounting for revenue and related expenses:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl"/>
    <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_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign currency translation:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash and cash equivalents:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Trade accounts receivable, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Inventories:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_lbl"/>
    <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_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels, net:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dry-docking costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amortization of lease component:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Impairment of Long-Lived Assets and Reversal of previously recognized impairment losses:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForBorrowingsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Long-term debt:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForFinanceCostsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinanceCostsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinanceCostsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financing costs:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForFinanceCostsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinanceCostsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowing costs:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Operating segment:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Provisions and contingencies:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForTerminationBenefits" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTerminationBenefits"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTerminationBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Pension and retirement benefit obligations:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTerminationBenefits" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTerminationBenefits_lbl"/>
    <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_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Offsetting of financial assets and liabilities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial assets and liabilities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Leases:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The description of the entity's accounting policy for leases acting as lessee.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory_doc"/>
    <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_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Insurance:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl"/>
    <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_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share based compensation:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share capital and Warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_lbl"/>
    <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_DescriptionOfAccountingPolicyForDividendsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Description of accounting policy for dividends [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory_2_lbl"/>
    <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_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Fair value measurement:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" xlink:label="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current versus non-current classification:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" xlink:to="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" xlink:to="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_doc"/>
    <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_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Embedded Derivatives:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Restricted Cash:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The description of the entity's accounting policy for restricted cash.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest Rate Swap:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Management &amp; consulting fee income:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_lbl"/>
    <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_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Basis of presentation and general information</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of subsidiaries [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCashAndBankBalancesExplanatory" xlink:label="glbs_DisclosureOfCashAndBankBalancesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCashAndBankBalancesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cash and cash equivalents and Restricted cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCashAndBankBalancesExplanatory" xlink:to="glbs_DisclosureOfCashAndBankBalancesExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCashAndBankBalancesExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for cash on hand and at banks.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCashAndBankBalancesExplanatory" xlink:to="glbs_DisclosureOfCashAndBankBalancesExplanatory_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCashAndBankBalancesExplanatory_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure Of Cash And Bank Balances At Central Banks Explanatory</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCashAndBankBalancesExplanatory" xlink:to="glbs_DisclosureOfCashAndBankBalancesExplanatory_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCompensationOfNonExecutiveDirectors" xlink:label="glbs_DisclosureOfCompensationOfNonExecutiveDirectors"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCompensationOfNonExecutiveDirectors_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Transactions with Related Parties - Compensation to the Company's Non-Executive Directors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCompensationOfNonExecutiveDirectors" xlink:to="glbs_DisclosureOfCompensationOfNonExecutiveDirectors_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCompensationOfNonExecutiveDirectors_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The entire disclosure for compensation of non-executive directors.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCompensationOfNonExecutiveDirectors" xlink:to="glbs_DisclosureOfCompensationOfNonExecutiveDirectors_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCompensationOfExecutiveDirector" xlink:label="glbs_DisclosureOfCompensationOfExecutiveDirector"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCompensationOfExecutiveDirector_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Transactions with Related Parties - Compensation to the Company's Executive Director</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCompensationOfExecutiveDirector" xlink:to="glbs_DisclosureOfCompensationOfExecutiveDirector_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCompensationOfExecutiveDirector_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The entire disclosure for compensation of executive director.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCompensationOfExecutiveDirector" xlink:to="glbs_DisclosureOfCompensationOfExecutiveDirector_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels, net - Consolidated Statement of Financial Position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for the amounts of property, plant and equipment in the consolidated statement of financial position.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels, net - Consolidated Statement of Comprehensive Income/ (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" xlink:to="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" xlink:to="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_doc"/>
    <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_DisclosureOfImpairmentOfAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels, net - Impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for the amounts of inventories in the consolidated statement of financial position.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure Of Inventories Consolidated Statement Of Financial Position Explanatory</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Accrued liabilities and other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure Of Accrued Expenses And Other Liabilities Consolidated Statement Of Financial Position Explanatory</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_3_lbl"/>
    <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_DisclosureOfClassesOfShareCapitalExplanatory" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share Capital and Share Premium - Authorised share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCommonSharesExplanatory" xlink:label="glbs_DisclosureOfCommonSharesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCommonSharesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Share Capital and Share Premium - Common Shares issued and fully paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCommonSharesExplanatory" xlink:to="glbs_DisclosureOfCommonSharesExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCommonSharesExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of common shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCommonSharesExplanatory" xlink:to="glbs_DisclosureOfCommonSharesExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfEarningsPerShareTableExplanatory" xlink:label="glbs_DisclosureOfEarningsPerShareTableExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfEarningsPerShareTableExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Earnings/(Loss) per Share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfEarningsPerShareTableExplanatory" xlink:to="glbs_DisclosureOfEarningsPerShareTableExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfEarningsPerShareTableExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for earnings per share.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfEarningsPerShareTableExplanatory" xlink:to="glbs_DisclosureOfEarningsPerShareTableExplanatory_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfEarningsPerShareTableExplanatory_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure Of Earnings Per Share Table Explanatory</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfEarningsPerShareTableExplanatory" xlink:to="glbs_DisclosureOfEarningsPerShareTableExplanatory_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" xlink:label="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Long-Term Debt, net - Consolidated statement of financial position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" xlink:to="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for the amounts of long-term debt in the consolidated statement of financial position.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" xlink:to="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" xlink:label="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Long-Term Debt, net - Annual loan principal payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" xlink:to="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of annual loan principal payments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" xlink:to="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfShareBasedPayment" xlink:label="glbs_DisclosureOfShareBasedPayment"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfShareBasedPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Share Based Payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfShareBasedPayment" xlink:to="glbs_DisclosureOfShareBasedPayment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfShareBasedPayment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of share based payment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfShareBasedPayment" xlink:to="glbs_DisclosureOfShareBasedPayment_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfShareBasedPayment_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure Of Share Based Payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfShareBasedPayment" xlink:to="glbs_DisclosureOfShareBasedPayment_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfVoyageExpenses" xlink:label="glbs_DisclosureOfVoyageExpenses"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfVoyageExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Voyage Expenses and Vessel Operating Expenses - Voyage expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfVoyageExpenses" xlink:to="glbs_DisclosureOfVoyageExpenses_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfVoyageExpenses_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for voayage expenses expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfVoyageExpenses" xlink:to="glbs_DisclosureOfVoyageExpenses_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfVesselOperatingExpenses" xlink:label="glbs_DisclosureOfVesselOperatingExpenses"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfVesselOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfVesselOperatingExpenses" xlink:to="glbs_DisclosureOfVesselOperatingExpenses_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfVesselOperatingExpenses_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for vessel operating expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfVesselOperatingExpenses" xlink:to="glbs_DisclosureOfVesselOperatingExpenses_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfAdministrativeExpenses" xlink:label="glbs_DisclosureOfAdministrativeExpenses"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfAdministrativeExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Administrative Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAdministrativeExpenses" xlink:to="glbs_DisclosureOfAdministrativeExpenses_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfAdministrativeExpenses_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of administrative expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAdministrativeExpenses" xlink:to="glbs_DisclosureOfAdministrativeExpenses_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfAdministrativeExpenses_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure Of Administrative Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAdministrativeExpenses" xlink:to="glbs_DisclosureOfAdministrativeExpenses_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" xlink:label="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Interest Expense and Finance Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" xlink:to="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of interest expense and finance costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" xlink:to="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure Of Interest Expense And Finance Costs Explanatory</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" xlink:to="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" xlink:label="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Commitments - Future minimum lease revenues receivable under non-cancellable operating leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" xlink:to="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of future minimum lease revenues receivable under non-cancellable operating leases.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" xlink:to="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfInterestRateRiskExplanatory" xlink:label="glbs_DisclosureOfInterestRateRiskExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInterestRateRiskExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial risk management objectives and policies - Interest rate risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInterestRateRiskExplanatory" xlink:to="glbs_DisclosureOfInterestRateRiskExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfInterestRateRiskExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of interest rate risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInterestRateRiskExplanatory" xlink:to="glbs_DisclosureOfInterestRateRiskExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfForeignCurrencyRiskExplanatory" xlink:label="glbs_DisclosureOfForeignCurrencyRiskExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfForeignCurrencyRiskExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial risk management objectives and policies - Foreign currency risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfForeignCurrencyRiskExplanatory" xlink:to="glbs_DisclosureOfForeignCurrencyRiskExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfForeignCurrencyRiskExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of foreign currency risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfForeignCurrencyRiskExplanatory" xlink:to="glbs_DisclosureOfForeignCurrencyRiskExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" xlink:label="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial risk management objectives and policies - Concentration of credit risk table</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" xlink:to="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of concentration of credit risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" xlink:to="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory_doc"/>
    <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_DescriptionOfManagingLiquidityRisk" xlink:label="ifrs-full_DescriptionOfManagingLiquidityRisk"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfManagingLiquidityRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial risk management objectives and policies - Liquidity risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfManagingLiquidityRisk" xlink:to="ifrs-full_DescriptionOfManagingLiquidityRisk_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFairValuesExplanatory" xlink:label="glbs_DisclosureOfFairValuesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfFairValuesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Fair values measurement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFairValuesExplanatory" xlink:to="glbs_DisclosureOfFairValuesExplanatory_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfFairValuesExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of fair values.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFairValuesExplanatory" xlink:to="glbs_DisclosureOfFairValuesExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" xlink:label="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Valuation techniques and significant unobservable inputs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" xlink:to="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Tabular disclosure of valuation techniques and significant unobservable inputs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" xlink:to="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of subsidiaries [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of subsidiaries [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Country of Incorporation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary" xlink:to="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselDeliveryDate" xlink:label="glbs_VesselDeliveryDate"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselDeliveryDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessel Delivery Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselDeliveryDate" xlink:to="glbs_VesselDeliveryDate_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselDeliveryDate_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The date of the vessel delivery to the Company.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselDeliveryDate" xlink:to="glbs_VesselDeliveryDate_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NameOfSubsidiary_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessel Owned</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NameOfSubsidiary" xlink:to="ifrs-full_NameOfSubsidiary_lbl"/>
    <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_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:label="ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Name of reporting entity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:to="ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DomicileOfEntity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Domicile of entity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DomicileOfEntity" xlink:to="ifrs-full_DomicileOfEntity_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Description of nature of entity's operations and principal activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:to="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl"/>
    <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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:label="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of initial application of standards or interpretations [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CurrentAssetsLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Working capital surplus/ (deficit)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsLiabilities" xlink:to="ifrs-full_CurrentAssetsLiabilities_lbl"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAccountingStandard" xlink:label="dei_EntityAccountingStandard"/>
    <link:label xlink:type="resource" xlink:label="dei_EntityAccountingStandard_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Entity Accounting Standard</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAccountingStandard" xlink:to="dei_EntityAccountingStandard_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AllowanceForDoubtfulTradeReceivables" xlink:label="glbs_AllowanceForDoubtfulTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="glbs_AllowanceForDoubtfulTradeReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Provision for doubtful trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AllowanceForDoubtfulTradeReceivables" xlink:to="glbs_AllowanceForDoubtfulTradeReceivables_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AllowanceForDoubtfulTradeReceivables_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">A valuation allowance for trade receivables due from companies that are expected to be uncollectible.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AllowanceForDoubtfulTradeReceivables" xlink:to="glbs_AllowanceForDoubtfulTradeReceivables_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IntervalBetweenVesselDrydockingSpecialSurvey" xlink:label="glbs_IntervalBetweenVesselDrydockingSpecialSurvey"/>
    <link:label xlink:type="resource" xlink:label="glbs_IntervalBetweenVesselDrydockingSpecialSurvey_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interval Between Vessel Drydocking Special Survey</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IntervalBetweenVesselDrydockingSpecialSurvey" xlink:to="glbs_IntervalBetweenVesselDrydockingSpecialSurvey_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IntervalBetweenVesselDrydockingSpecialSurvey_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IntervalBetweenVesselDrydockingSpecialSurvey" xlink:to="glbs_IntervalBetweenVesselDrydockingSpecialSurvey_doc"/>
    <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_DepreciationMethodPropertyPlantAndEquipment" xlink:label="ifrs-full_DepreciationMethodPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationMethodPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationMethodPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationMethodPropertyPlantAndEquipment_lbl"/>
    <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_DescriptionOfUsefulLifePropertyPlantAndEquipment" xlink:label="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Useful life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment" xlink:to="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsScrapRatePerTon" xlink:label="glbs_VesselsScrapRatePerTon"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselsScrapRatePerTon_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels scrap rate per ton</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselsScrapRatePerTon" xlink:to="glbs_VesselsScrapRatePerTon_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselsScrapRatePerTon_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The estimated vessels' scrap rate per ton.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselsScrapRatePerTon" xlink:to="glbs_VesselsScrapRatePerTon_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:label="glbs_ExtraDepreciationPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="glbs_ExtraDepreciationPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Decrease in depreciation expense due to changes in scrap rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:to="glbs_ExtraDepreciationPropertyPlantAndEquipment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_ExtraDepreciationPropertyPlantAndEquipment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The extra depreciation expense recognised during the period, due to changes in scrap rates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:to="glbs_ExtraDepreciationPropertyPlantAndEquipment_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_ExtraDepreciationPropertyPlantAndEquipment_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Extra Depreciation Property Plant And Equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:to="glbs_ExtraDepreciationPropertyPlantAndEquipment_3_lbl"/>
    <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_BorrowingCostsCapitalised" xlink:label="ifrs-full_BorrowingCostsCapitalised"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingCostsCapitalised_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowing costs capitalised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingCostsCapitalised" xlink:to="ifrs-full_BorrowingCostsCapitalised_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfOperatingSegments" xlink:label="glbs_NumberOfOperatingSegments"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number Of Operating Segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfOperatingSegments" xlink:to="glbs_NumberOfOperatingSegments_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfOperatingSegments_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfOperatingSegments" xlink:to="glbs_NumberOfOperatingSegments_doc"/>
    <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_DescriptionOfNatureOfBenefitsProvidedByPlan" xlink:label="ifrs-full_DescriptionOfNatureOfBenefitsProvidedByPlan"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfNatureOfBenefitsProvidedByPlan_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Description of nature of benefits provided by plan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureOfBenefitsProvidedByPlan" xlink:to="ifrs-full_DescriptionOfNatureOfBenefitsProvidedByPlan_lbl"/>
    <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_LiabilityAssetOfDefinedBenefitPlans" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net defined benefit liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Lease liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_2_lbl"/>
    <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_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:label="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Incremental cost of borrowing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:to="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DepreciationRightofuseAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation charge for right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationRightofuseAssets_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationRightofuseAssets_3_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Depreciation of right of use asset</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_3_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Operating lease liability interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_2_lbl"/>
    <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_DirectOperatingExpenseFromInvestmentProperty" xlink:label="ifrs-full_DirectOperatingExpenseFromInvestmentProperty"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DirectOperatingExpenseFromInvestmentProperty_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Direct operating expense from investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:to="ifrs-full_DirectOperatingExpenseFromInvestmentProperty_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseAndNonleaseComponents" xlink:label="glbs_LeaseAndNonleaseComponents"/>
    <link:label xlink:type="resource" xlink:label="glbs_LeaseAndNonleaseComponents_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Lease components</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LeaseAndNonleaseComponents" xlink:to="glbs_LeaseAndNonleaseComponents_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LeaseAndNonleaseComponents_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amout of lease and non lease components that is calculated as the difference between total revenue and the non-lease component revenue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LeaseAndNonleaseComponents" xlink:to="glbs_LeaseAndNonleaseComponents_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_CashOnHand_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash on hand</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashOnHand" xlink:to="ifrs-full_CashOnHand_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_BalancesWithBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash at banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BalancesWithBanks" xlink:to="ifrs-full_BalancesWithBanks_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_CashAndCashEquivalentsFairValueDisclosure"/>
    <link:label xlink:type="resource" xlink:label="glbs_CashAndCashEquivalentsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash And Cash Equivalents Fair Value Disclosure</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_CashAndCashEquivalentsFairValueDisclosure_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_CashAndCashEquivalentsFairValueDisclosure_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_CashAndCashEquivalentsFairValueDisclosure_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_UndrawnBorrowingFacilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Undrawn borrowing facilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UndrawnBorrowingFacilities" xlink:to="ifrs-full_UndrawnBorrowingFacilities_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Restricted cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RestrictedCashAndCashEquivalents" xlink:to="ifrs-full_RestrictedCashAndCashEquivalents_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure"/>
    <link:label xlink:type="resource" xlink:label="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Restricted Cash And Cash Equivalents Fair Value Disclosure</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The fair value of cash and cash equivalent items which are restricted as to withdrawal or usage.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl"/>
    <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_DirectorsRemunerationExpense" xlink:label="ifrs-full_DirectorsRemunerationExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DirectorsRemunerationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Directors&#8217; remuneration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DirectorsRemunerationExpense" xlink:to="ifrs-full_DirectorsRemunerationExpense_lbl"/>
    <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_KeyManagementPersonnelCompensation" xlink:label="ifrs-full_KeyManagementPersonnelCompensation"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Key management personnel compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IfrsStatementLineItems" xlink:label="glbs_IfrsStatementLineItems"/>
    <link:label xlink:type="resource" xlink:label="glbs_IfrsStatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">IfrsStatementLineItems [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IfrsStatementLineItems" xlink:to="glbs_IfrsStatementLineItems_lbl"/>
    <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_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Short-term employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MonthlyRentalExpense" xlink:label="glbs_MonthlyRentalExpense"/>
    <link:label xlink:type="resource" xlink:label="glbs_MonthlyRentalExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Monthly Rental Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MonthlyRentalExpense" xlink:to="glbs_MonthlyRentalExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_MonthlyRentalExpense_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of monthly expense recognised on rental activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MonthlyRentalExpense" xlink:to="glbs_MonthlyRentalExpense_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseExpirationDate" xlink:label="glbs_LeaseExpirationDate"/>
    <link:label xlink:type="resource" xlink:label="glbs_LeaseExpirationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Lease expiration date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LeaseExpirationDate" xlink:to="glbs_LeaseExpirationDate_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LeaseExpirationDate_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Date which lease or group of leases is set to expire, in YYYY-MM format.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LeaseExpirationDate" xlink:to="glbs_LeaseExpirationDate_doc"/>
    <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_LeasesAsLesseeRelatedPartyTransactions" xlink:label="ifrs-full_LeasesAsLesseeRelatedPartyTransactions"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_LeasesAsLesseeRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Leases as lessee, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeasesAsLesseeRelatedPartyTransactions" xlink:to="ifrs-full_LeasesAsLesseeRelatedPartyTransactions_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CreditAdjustmentOfFinanceCost" xlink:label="glbs_CreditAdjustmentOfFinanceCost"/>
    <link:label xlink:type="resource" xlink:label="glbs_CreditAdjustmentOfFinanceCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit adjustment of finance cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CreditAdjustmentOfFinanceCost" xlink:to="glbs_CreditAdjustmentOfFinanceCost_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_CreditAdjustmentOfFinanceCost_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of credit adjustment,classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest and finance costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CreditAdjustmentOfFinanceCost" xlink:to="glbs_CreditAdjustmentOfFinanceCost_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" xlink:label="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payment of lease liability - principal and Interest Paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" xlink:to="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The cash outflow combination for payment of lease liabilities and interest paid classified as financing activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" xlink:to="glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConsultingFeesExpense" xlink:label="glbs_ConsultingFeesExpense"/>
    <link:label xlink:type="resource" xlink:label="glbs_ConsultingFeesExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Consulting Fees Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConsultingFeesExpense" xlink:to="glbs_ConsultingFeesExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_ConsultingFeesExpense_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Consulting fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConsultingFeesExpense" xlink:to="glbs_ConsultingFeesExpense_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_ConsultingFeesExpense_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of fees paid or payable for consulting fees.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConsultingFeesExpense" xlink:to="glbs_ConsultingFeesExpense_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AgreedAmountOfOneTimeCashBonus" xlink:label="glbs_AgreedAmountOfOneTimeCashBonus"/>
    <link:label xlink:type="resource" xlink:label="glbs_AgreedAmountOfOneTimeCashBonus_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amount of one-time cash bonus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AgreedAmountOfOneTimeCashBonus" xlink:to="glbs_AgreedAmountOfOneTimeCashBonus_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AgreedAmountOfOneTimeCashBonus_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of cash bonus agreed the Company to pay to the CEO pursuant to his consultancy agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AgreedAmountOfOneTimeCashBonus" xlink:to="glbs_AgreedAmountOfOneTimeCashBonus_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OneTimeCashBonusPayment" xlink:label="glbs_OneTimeCashBonusPayment"/>
    <link:label xlink:type="resource" xlink:label="glbs_OneTimeCashBonusPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">One time cash bonus payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OneTimeCashBonusPayment" xlink:to="glbs_OneTimeCashBonusPayment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_OneTimeCashBonusPayment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The payment of cash bonus pursuant to consultancy agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OneTimeCashBonusPayment" xlink:to="glbs_OneTimeCashBonusPayment_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RemainingOfOneTimeCashBonusPayment" xlink:label="glbs_RemainingOfOneTimeCashBonusPayment"/>
    <link:label xlink:type="resource" xlink:label="glbs_RemainingOfOneTimeCashBonusPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Remaining of one time cash bonus payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RemainingOfOneTimeCashBonusPayment" xlink:to="glbs_RemainingOfOneTimeCashBonusPayment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_RemainingOfOneTimeCashBonusPayment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Remaining payment of cash bonus pursuant to consultancy agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RemainingOfOneTimeCashBonusPayment" xlink:to="glbs_RemainingOfOneTimeCashBonusPayment_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase (decrease) in number of shares outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" xlink:to="ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ParValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Par value per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ParValuePerShare" xlink:to="ifrs-full_ParValuePerShare_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VotingRights" xlink:label="glbs_VotingRights"/>
    <link:label xlink:type="resource" xlink:label="glbs_VotingRights_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Voting Rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VotingRights" xlink:to="glbs_VotingRights_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_VotingRights_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Description of voting rights of common stock. Includes eligibility to vote and votes per share owned.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VotingRights" xlink:to="glbs_VotingRights_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of shares in entity held by entity or by its subsidiaries or associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xlink:to="ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:label="glbs_ProportionOfOwnershipInterestsHeldByControllingParty"/>
    <link:label xlink:type="resource" xlink:label="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proportion Of Ownership Interests Held By Controlling Party</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:to="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The proportion of ownership interests held by the controlling party.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:to="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="glbs_LineOfCreditFacilityMaximumBorrowingCapacity"/>
    <link:label xlink:type="resource" xlink:label="glbs_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Line Of Credit Facility Maximum Borrowing Capacity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="glbs_LineOfCreditFacilityMaximumBorrowingCapacity_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LineOfCreditFacilityMaximumBorrowingCapacity_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="glbs_LineOfCreditFacilityMaximumBorrowingCapacity_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfBorrowingsScope" xlink:label="glbs_DescriptionOfBorrowingsScope"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfBorrowingsScope_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Description of borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfBorrowingsScope" xlink:to="glbs_DescriptionOfBorrowingsScope_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfBorrowingsScope_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Description of the terms of a credit facility arrangement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfBorrowingsScope" xlink:to="glbs_DescriptionOfBorrowingsScope_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CreditFacilityCollateraDescription" xlink:label="glbs_CreditFacilityCollateraDescription"/>
    <link:label xlink:type="resource" xlink:label="glbs_CreditFacilityCollateraDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit facility collateral description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CreditFacilityCollateraDescription" xlink:to="glbs_CreditFacilityCollateraDescription_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_CreditFacilityCollateraDescription_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The collateral description of the credit facility.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CreditFacilityCollateraDescription" xlink:to="glbs_CreditFacilityCollateraDescription_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsMaturity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings, maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:label="glbs_LineOfCreditFacilityDrawndownAmountsMultiples"/>
    <link:label xlink:type="resource" xlink:label="glbs_LineOfCreditFacilityDrawndownAmountsMultiples_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Line Of Credit Facility Drawndown Amounts Multiples</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:to="glbs_LineOfCreditFacilityDrawndownAmountsMultiples_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LineOfCreditFacilityDrawndownAmountsMultiples_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The multiples of amounts that the company has the right to drawdown under the relevant credit facility.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:to="glbs_LineOfCreditFacilityDrawndownAmountsMultiples_doc"/>
    <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_BorrowingsInterestRate" xlink:label="ifrs-full_BorrowingsInterestRate"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsDefaultInterestRate" xlink:label="glbs_BorrowingsDefaultInterestRate"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsDefaultInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings Default Interest Rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsDefaultInterestRate" xlink:to="glbs_BorrowingsDefaultInterestRate_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsDefaultInterestRate_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The default interest per annum above the regular interest charged, in case of failure to repay.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsDefaultInterestRate" xlink:to="glbs_BorrowingsDefaultInterestRate_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConversionPriceDescription" xlink:label="glbs_DebtInstrumentConversionPriceDescription"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConversionPriceDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt instrument conversion price description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConversionPriceDescription" xlink:to="glbs_DebtInstrumentConversionPriceDescription_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConversionPriceDescription_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The conversion price description of the debt instrument.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConversionPriceDescription" xlink:to="glbs_DebtInstrumentConversionPriceDescription_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_Borrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_Borrowings_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Total Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_2_lbl"/>
    <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_InterestPayable" xlink:label="ifrs-full_InterestPayable"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPayable" xlink:to="ifrs-full_InterestPayable_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="glbs_DebtInstrumentConvertibleConversionPrice"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConvertibleConversionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Instrument Convertible Conversion Price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleConversionPrice" xlink:to="glbs_DebtInstrumentConvertibleConversionPrice_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConvertibleConversionPrice_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The price per share of the conversion feature embedded in the debt instrument.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleConversionPrice" xlink:to="glbs_DebtInstrumentConvertibleConversionPrice_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Repayments of current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfCurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfCurrentBorrowings_lbl"/>
    <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_InterestExpense" xlink:label="ifrs-full_InterestExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpense_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Interest payable on long-term borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccruedDirectorsCompensation" xlink:label="glbs_AccruedDirectorsCompensation"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccruedDirectorsCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accrued Directors Compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccruedDirectorsCompensation" xlink:to="glbs_AccruedDirectorsCompensation_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccruedDirectorsCompensation_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccruedDirectorsCompensation" xlink:to="glbs_AccruedDirectorsCompensation_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xml:lang="en-US">Balance beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_2_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xml:lang="en-US">Balance ending of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_doc"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_4_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accumulated Depreciation Property Plant And Equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_4_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Additions/ (Dry Docking Component)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Impairment loss recognised in profit or loss, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Depreciation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation and amortisation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_2_lbl"/>
    <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_DepreciationPropertyPlantAndEquipment" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessels depreciation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DepreciationOfficeFurnitureAndEquipment" xlink:label="glbs_DepreciationOfficeFurnitureAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="glbs_DepreciationOfficeFurnitureAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Depreciation on office furniture and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfficeFurnitureAndEquipment" xlink:to="glbs_DepreciationOfficeFurnitureAndEquipment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DepreciationOfficeFurnitureAndEquipment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of depreciation of office furniture and equipment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfficeFurnitureAndEquipment" xlink:to="glbs_DepreciationOfficeFurnitureAndEquipment_doc"/>
    <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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:label="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:to="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselYearBuilt" xlink:label="glbs_VesselYearBuilt"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselYearBuilt_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessel year built</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselYearBuilt" xlink:to="glbs_VesselYearBuilt_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselYearBuilt_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The year that the vessel was built.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselYearBuilt" xlink:to="glbs_VesselYearBuilt_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselType" xlink:label="glbs_VesselType"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselType_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessel type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselType" xlink:to="glbs_VesselType_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselType_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The type of vessel.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselType" xlink:to="glbs_VesselType_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselCapacity" xlink:label="glbs_VesselCapacity"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Vessel Capacity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselCapacity" xlink:to="glbs_VesselCapacity_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_VesselCapacity_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The vessel's capacity in deadweight tonnage ("dwt").</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselCapacity" xlink:to="glbs_VesselCapacity_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryDockingCostCapitalised" xlink:label="glbs_DryDockingCostCapitalised"/>
    <link:label xlink:type="resource" xlink:label="glbs_DryDockingCostCapitalised_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dry-docking cost capitalised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DryDockingCostCapitalised" xlink:to="glbs_DryDockingCostCapitalised_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DryDockingCostCapitalised_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of dry-docking cost capitalised on the asset.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DryDockingCostCapitalised" xlink:to="glbs_DryDockingCostCapitalised_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_WeightedAverageCostOfCapital" xlink:label="glbs_WeightedAverageCostOfCapital"/>
    <link:label xlink:type="resource" xlink:label="glbs_WeightedAverageCostOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Weighted Average Cost Of Capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_WeightedAverageCostOfCapital" xlink:to="glbs_WeightedAverageCostOfCapital_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_WeightedAverageCostOfCapital_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_WeightedAverageCostOfCapital" xlink:to="glbs_WeightedAverageCostOfCapital_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TimePeriodConsidered" xlink:label="glbs_TimePeriodConsidered"/>
    <link:label xlink:type="resource" xlink:label="glbs_TimePeriodConsidered_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Time Period Considered</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TimePeriodConsidered" xlink:to="glbs_TimePeriodConsidered_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_TimePeriodConsidered_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TimePeriodConsidered" xlink:to="glbs_TimePeriodConsidered_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumptionOfExpectedRatesOfInflation" xlink:label="glbs_AssumptionOfExpectedRatesOfInflation"/>
    <link:label xlink:type="resource" xlink:label="glbs_AssumptionOfExpectedRatesOfInflation_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Assumption Of Expected Rates Of Inflation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfExpectedRatesOfInflation" xlink:to="glbs_AssumptionOfExpectedRatesOfInflation_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AssumptionOfExpectedRatesOfInflation_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfExpectedRatesOfInflation" xlink:to="glbs_AssumptionOfExpectedRatesOfInflation_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumptionOfFleetUtilisationRate" xlink:label="glbs_AssumptionOfFleetUtilisationRate"/>
    <link:label xlink:type="resource" xlink:label="glbs_AssumptionOfFleetUtilisationRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Assumption Of Fleet Utilisation Rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfFleetUtilisationRate" xlink:to="glbs_AssumptionOfFleetUtilisationRate_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AssumptionOfFleetUtilisationRate_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfFleetUtilisationRate" xlink:to="glbs_AssumptionOfFleetUtilisationRate_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LubricantsInventoryCurrent" xlink:label="glbs_LubricantsInventoryCurrent"/>
    <link:label xlink:type="resource" xlink:label="glbs_LubricantsInventoryCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Lubricants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LubricantsInventoryCurrent" xlink:to="glbs_LubricantsInventoryCurrent_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LubricantsInventoryCurrent_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Carrying amount as of the balance sheet date of lubricants' inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LubricantsInventoryCurrent" xlink:to="glbs_LubricantsInventoryCurrent_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GasCylindersInventoryCurrent" xlink:label="glbs_GasCylindersInventoryCurrent"/>
    <link:label xlink:type="resource" xlink:label="glbs_GasCylindersInventoryCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Gas cylinders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_GasCylindersInventoryCurrent" xlink:to="glbs_GasCylindersInventoryCurrent_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_GasCylindersInventoryCurrent_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Carrying amount as of the balance sheet date of gas cylinder's inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_GasCylindersInventoryCurrent" xlink:to="glbs_GasCylindersInventoryCurrent_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BunkerInventoryCurrent" xlink:label="glbs_BunkerInventoryCurrent"/>
    <link:label xlink:type="resource" xlink:label="glbs_BunkerInventoryCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bunkers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BunkerInventoryCurrent" xlink:to="glbs_BunkerInventoryCurrent_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BunkerInventoryCurrent_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Carrying amount as of the balance sheet date of bunkers' inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BunkerInventoryCurrent" xlink:to="glbs_BunkerInventoryCurrent_doc"/>
    <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_CurrentInterestPayable" xlink:label="ifrs-full_CurrentInterestPayable"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentInterestPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentInterestPayable" xlink:to="ifrs-full_CurrentInterestPayable_lbl"/>
    <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_CurrentDebtInstrumentsIssued" xlink:label="ifrs-full_CurrentDebtInstrumentsIssued"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentDebtInstrumentsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accrued Interest Swap Loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDebtInstrumentsIssued" xlink:to="ifrs-full_CurrentDebtInstrumentsIssued_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccruedAuditFeesCurrent" xlink:label="glbs_AccruedAuditFeesCurrent"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccruedAuditFeesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Accrued audit fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccruedAuditFeesCurrent" xlink:to="glbs_AccruedAuditFeesCurrent_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccruedAuditFeesCurrent_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of current audit fees payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccruedAuditFeesCurrent" xlink:to="glbs_AccruedAuditFeesCurrent_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherAccruals" xlink:label="glbs_OtherAccruals"/>
    <link:label xlink:type="resource" xlink:label="glbs_OtherAccruals_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other accruals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OtherAccruals" xlink:to="glbs_OtherAccruals_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_OtherAccruals_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of accruals payable classified as other.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OtherAccruals" xlink:to="glbs_OtherAccruals_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentInsuranceDeductibles" xlink:label="glbs_CurrentInsuranceDeductibles"/>
    <link:label xlink:type="resource" xlink:label="glbs_CurrentInsuranceDeductibles_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Insurance deductibles</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentInsuranceDeductibles" xlink:to="glbs_CurrentInsuranceDeductibles_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_CurrentInsuranceDeductibles_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of current insurance deductibles payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentInsuranceDeductibles" xlink:to="glbs_CurrentInsuranceDeductibles_doc"/>
    <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_OtherCurrentPayables" xlink:label="ifrs-full_OtherCurrentPayables"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherCurrentPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentPayables" xlink:to="ifrs-full_OtherCurrentPayables_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesAuthorised_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of shares authorised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesAuthorised" xlink:to="ifrs-full_NumberOfSharesAuthorised_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ValueOfSharesAuthorised" xlink:label="glbs_ValueOfSharesAuthorised"/>
    <link:label xlink:type="resource" xlink:label="glbs_ValueOfSharesAuthorised_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Value Of Shares Authorised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ValueOfSharesAuthorised" xlink:to="glbs_ValueOfSharesAuthorised_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_ValueOfSharesAuthorised_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The nominal value of shares authorised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ValueOfSharesAuthorised" xlink:to="glbs_ValueOfSharesAuthorised_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balance beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid_2_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balance ending of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid_3_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of shares issued and fully paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_3_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issued during the year for share-based compensation (note 12)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The increase (decrease) in the number of ordinary shares issued resulting from share-based payment transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of common stock due to conversion of loan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of new common stocks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of common stock due to exercise of pre-funded warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The increase (decrease) in the number of ordinary shares resulting from the exercise of pre-funded warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Issuance of common stock due to exercise of warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Increase Decrease In Number Of Ordinary Shares Issued Through Exercise Of Warrants Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The increase (decrease) in the number of ordinary shares resulting from the exercise of warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of shares outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl"/>
    <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_NumberOfSharesIssued" xlink:label="ifrs-full_NumberOfSharesIssued"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of shares issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssued" xlink:to="ifrs-full_NumberOfSharesIssued_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Exercise price of outstanding share options</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:to="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfSharesCalledByWarrants" xlink:label="glbs_NumberOfSharesCalledByWarrants"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfSharesCalledByWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number Of Shares Called By Warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesCalledByWarrants" xlink:to="glbs_NumberOfSharesCalledByWarrants_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfSharesCalledByWarrants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Number of shares into which the warrants may be converted.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesCalledByWarrants" xlink:to="glbs_NumberOfSharesCalledByWarrants_doc"/>
    <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_DescriptionOfOptionLifeShareOptionsGranted" xlink:label="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Option life, share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_lbl"/>
    <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_ProceedsFromExerciseOfOptions" xlink:label="ifrs-full_ProceedsFromExerciseOfOptions"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromExerciseOfOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proceeds from exercise of options</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromExerciseOfOptions" xlink:to="ifrs-full_ProceedsFromExerciseOfOptions_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfWarrantsOutstanding" xlink:label="glbs_NumberOfWarrantsOutstanding"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfWarrantsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number Of Warrants Outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfWarrantsOutstanding" xlink:to="glbs_NumberOfWarrantsOutstanding_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfWarrantsOutstanding_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfWarrantsOutstanding" xlink:to="glbs_NumberOfWarrantsOutstanding_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PurchasePriceOfOutstandingWarrants" xlink:label="glbs_PurchasePriceOfOutstandingWarrants"/>
    <link:label xlink:type="resource" xlink:label="glbs_PurchasePriceOfOutstandingWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Purchase price of outstanding warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PurchasePriceOfOutstandingWarrants" xlink:to="glbs_PurchasePriceOfOutstandingWarrants_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_PurchasePriceOfOutstandingWarrants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The purchase price of outstanding warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PurchasePriceOfOutstandingWarrants" xlink:to="glbs_PurchasePriceOfOutstandingWarrants_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income/(Loss) attributable to common equity holders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Weighted average number of shares &#8211; basic and diluted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BasicAndDilutedEarningsLossPerShare" xlink:label="glbs_BasicAndDilutedEarningsLossPerShare"/>
    <link:label xlink:type="resource" xlink:label="glbs_BasicAndDilutedEarningsLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net income/(loss) per common share &#8211; basic and diluted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BasicAndDilutedEarningsLossPerShare" xlink:to="glbs_BasicAndDilutedEarningsLossPerShare_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BasicAndDilutedEarningsLossPerShare_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of earnings per share when the basic and diluted measurements are equal.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BasicAndDilutedEarningsLossPerShare" xlink:to="glbs_BasicAndDilutedEarningsLossPerShare_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="glbs_BorrowingsGross"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Loan Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsGross" xlink:to="glbs_BorrowingsGross_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsGross_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Long -term borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsGross" xlink:to="glbs_BorrowingsGross_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsGross_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsGross" xlink:to="glbs_BorrowingsGross_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentUnamortisedDiscount" xlink:label="glbs_DebtInstrumentUnamortisedDiscount"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentUnamortisedDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Unamortized Debt Discount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentUnamortisedDiscount" xlink:to="glbs_DebtInstrumentUnamortisedDiscount_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentUnamortisedDiscount_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount, after accumulated amortization, of debt discount.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentUnamortisedDiscount" xlink:to="glbs_DebtInstrumentUnamortisedDiscount_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:label="glbs_CurrentPortionOfLongTermBorrowingsGross"/>
    <link:label xlink:type="resource" xlink:label="glbs_CurrentPortionOfLongTermBorrowingsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Loan Balance - Current Portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:to="glbs_CurrentPortionOfLongTermBorrowingsGross_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_CurrentPortionOfLongTermBorrowingsGross_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The current portion of  long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:to="glbs_CurrentPortionOfLongTermBorrowingsGross_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:label="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount"/>
    <link:label xlink:type="resource" xlink:label="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Unamortized Debt Discount- Current Portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:to="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The current portion of debt discount, after accumulated amortization.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:to="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongTermBorrowingsGross" xlink:label="glbs_LongTermBorrowingsGross"/>
    <link:label xlink:type="resource" xlink:label="glbs_LongTermBorrowingsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Loan Balance - Long-Term Portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermBorrowingsGross" xlink:to="glbs_LongTermBorrowingsGross_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LongTermBorrowingsGross_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermBorrowingsGross" xlink:to="glbs_LongTermBorrowingsGross_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:label="glbs_LongTermDebtInstrumentUnamortisedDiscount"/>
    <link:label xlink:type="resource" xlink:label="glbs_LongTermDebtInstrumentUnamortisedDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Unamortized Debt Discount - Long-Term Portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:to="glbs_LongTermDebtInstrumentUnamortisedDiscount_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LongTermDebtInstrumentUnamortisedDiscount_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The non-current portion of debt discount, after accumulated amortization.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:to="glbs_LongTermDebtInstrumentUnamortisedDiscount_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRateBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings, interest rate basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRateBasis" xlink:to="ifrs-full_BorrowingsInterestRateBasis_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings, adjustment to interest rate basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:to="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionMultiplier" xlink:label="glbs_DebtInstrumentConvertibleConversionMultiplier"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConvertibleConversionMultiplier_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Instrument Convertible Conversion Multiplier</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleConversionMultiplier" xlink:to="glbs_DebtInstrumentConvertibleConversionMultiplier_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConvertibleConversionMultiplier_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleConversionMultiplier" xlink:to="glbs_DebtInstrumentConvertibleConversionMultiplier_doc"/>
    <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_DebtSecurities" xlink:label="ifrs-full_DebtSecurities"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt instruments issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DebtSecurities" xlink:to="ifrs-full_DebtSecurities_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentInterestRateStatedPercentage" xlink:label="glbs_DebtInstrumentInterestRateStatedPercentage"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentInterestRateStatedPercentage" xlink:to="glbs_DebtInstrumentInterestRateStatedPercentage_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentInterestRateStatedPercentage_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Contractual interest rate for funds borrowed, under the debt agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentInterestRateStatedPercentage" xlink:to="glbs_DebtInstrumentInterestRateStatedPercentage_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" xlink:label="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms"/>
    <link:label xlink:type="resource" xlink:label="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Line of Credit Facility, Frequency of Payment and Payment Terms</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" xlink:to="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" xlink:to="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Non-current derivative financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Current portion of fair value of derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_RepaymentsOfBondsNotesAndDebentures_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Repayments of bonds, notes and debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:to="ifrs-full_RepaymentsOfBondsNotesAndDebentures_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentageOfCoverageOfBorrowingCapacity" xlink:label="glbs_PercentageOfCoverageOfBorrowingCapacity"/>
    <link:label xlink:type="resource" xlink:label="glbs_PercentageOfCoverageOfBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Percentage of coverage of borrowing capacity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentageOfCoverageOfBorrowingCapacity" xlink:to="glbs_PercentageOfCoverageOfBorrowingCapacity_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_PercentageOfCoverageOfBorrowingCapacity_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The percentage of coverage of borrowing capacity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentageOfCoverageOfBorrowingCapacity" xlink:to="glbs_PercentageOfCoverageOfBorrowingCapacity_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentageOfUpfrontFeeInLoanAgreement" xlink:label="glbs_PercentageOfUpfrontFeeInLoanAgreement"/>
    <link:label xlink:type="resource" xlink:label="glbs_PercentageOfUpfrontFeeInLoanAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Percentage of upfront fee in loan agreement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentageOfUpfrontFeeInLoanAgreement" xlink:to="glbs_PercentageOfUpfrontFeeInLoanAgreement_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_PercentageOfUpfrontFeeInLoanAgreement_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Payable upfront fee percentage of the total commitment of the loan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentageOfUpfrontFeeInLoanAgreement" xlink:to="glbs_PercentageOfUpfrontFeeInLoanAgreement_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfLoanTranches" xlink:label="glbs_NumberOfLoanTranches"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfLoanTranches_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of loan tranches</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfLoanTranches" xlink:to="glbs_NumberOfLoanTranches_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfLoanTranches_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Number of loan tranches.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfLoanTranches" xlink:to="glbs_NumberOfLoanTranches_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentNumberOfRepaymentInstallments" xlink:label="glbs_DebtInstrumentNumberOfRepaymentInstallments"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentNumberOfRepaymentInstallments_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Number of repayment installments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentNumberOfRepaymentInstallments" xlink:to="glbs_DebtInstrumentNumberOfRepaymentInstallments_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentNumberOfRepaymentInstallments_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Number of repayment installments of a debt instrument.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentNumberOfRepaymentInstallments" xlink:to="glbs_DebtInstrumentNumberOfRepaymentInstallments_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsFrequencyOfPeriodicPayment" xlink:label="glbs_BorrowingsFrequencyOfPeriodicPayment"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsFrequencyOfPeriodicPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings Frequency Of Periodic Payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsFrequencyOfPeriodicPayment" xlink:to="glbs_BorrowingsFrequencyOfPeriodicPayment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsFrequencyOfPeriodicPayment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Description of the frequency of periodic payments (monthly, quarterly, annual).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsFrequencyOfPeriodicPayment" xlink:to="glbs_BorrowingsFrequencyOfPeriodicPayment_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsPeriodicPayment" xlink:label="glbs_BorrowingsPeriodicPayment"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsPeriodicPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Periodic payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPeriodicPayment" xlink:to="glbs_BorrowingsPeriodicPayment_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsPeriodicPayment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of the required periodic payments including both interest and principal payments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPeriodicPayment" xlink:to="glbs_BorrowingsPeriodicPayment_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:label="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings Periodic Payment Terms Balloon Payment To Be Paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:to="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:to="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtSecuritiesCovenants" xlink:label="glbs_DebtSecuritiesCovenants"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtSecuritiesCovenants_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Instrument Covenant Description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtSecuritiesCovenants" xlink:to="glbs_DebtSecuritiesCovenants_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtSecuritiesCovenants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The descripriton of debt instruments' covenants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtSecuritiesCovenants" xlink:to="glbs_DebtSecuritiesCovenants_doc"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_EarningsPerShareTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Earnings per share [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareTable" xlink:to="ifrs-full_EarningsPerShareTable_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stock issued during the year (shares) - Share based compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:to="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl"/>
    <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_FeeAndCommissionExpense" xlink:label="ifrs-full_FeeAndCommissionExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Commissions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense_lbl"/>
    <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_FuelExpense" xlink:label="ifrs-full_FuelExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_FuelExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bunkers expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FuelExpense" xlink:to="ifrs-full_FuelExpense_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherVoyageExpense" xlink:label="glbs_OtherVoyageExpense"/>
    <link:label xlink:type="resource" xlink:label="glbs_OtherVoyageExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other voyage expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OtherVoyageExpense" xlink:to="glbs_OtherVoyageExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_OtherVoyageExpense_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of voyage expense classified as other.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OtherVoyageExpense" xlink:to="glbs_OtherVoyageExpense_doc"/>
    <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_WagesAndSalaries" xlink:label="ifrs-full_WagesAndSalaries"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_WagesAndSalaries_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Crew wages and related costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WagesAndSalaries" xlink:to="ifrs-full_WagesAndSalaries_lbl"/>
    <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_InsuranceExpense" xlink:label="ifrs-full_InsuranceExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Insurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InsuranceExpense" xlink:to="ifrs-full_InsuranceExpense_lbl"/>
    <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_RepairsAndMaintenanceExpense" xlink:label="ifrs-full_RepairsAndMaintenanceExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_RepairsAndMaintenanceExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Spares, repairs and maintenance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepairsAndMaintenanceExpense" xlink:to="ifrs-full_RepairsAndMaintenanceExpense_lbl"/>
    <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_RawMaterialsAndConsumablesUsed" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Lubricants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="ifrs-full_RawMaterialsAndConsumablesUsed_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Raw materials and consumables used</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="ifrs-full_RawMaterialsAndConsumablesUsed_2_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StoresExpense" xlink:label="glbs_StoresExpense"/>
    <link:label xlink:type="resource" xlink:label="glbs_StoresExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stores</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StoresExpense" xlink:to="glbs_StoresExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_StoresExpense_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of stores expense.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StoresExpense" xlink:to="glbs_StoresExpense_doc"/>
    <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_MiscellaneousOtherOperatingExpense" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PersonnelExpense" xlink:label="glbs_PersonnelExpense"/>
    <link:label xlink:type="resource" xlink:label="glbs_PersonnelExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Personnel expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PersonnelExpense" xlink:to="glbs_PersonnelExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_PersonnelExpense_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of compensation to administrative personnel.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PersonnelExpense" xlink:to="glbs_PersonnelExpense_doc"/>
    <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_AuditorsRemuneration" xlink:label="ifrs-full_AuditorsRemuneration"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_AuditorsRemuneration_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Audit fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AuditorsRemuneration" xlink:to="ifrs-full_AuditorsRemuneration_lbl"/>
    <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_CommunicationExpense" xlink:label="ifrs-full_CommunicationExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_CommunicationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Communication</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CommunicationExpense" xlink:to="ifrs-full_CommunicationExpense_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StationeryExpense" xlink:label="glbs_StationeryExpense"/>
    <link:label xlink:type="resource" xlink:label="glbs_StationeryExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Stationery</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StationeryExpense" xlink:to="glbs_StationeryExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_StationeryExpense_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of expense for writing and other office materials.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StationeryExpense" xlink:to="glbs_StationeryExpense_doc"/>
    <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_TaxExpenseOtherThanIncomeTaxExpense" xlink:label="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Greek tax authorities (note 19)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:to="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Tax expense other than income tax expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:to="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_2_lbl"/>
    <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_OtherExpenseByNature" xlink:label="ifrs-full_OtherExpenseByNature"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherExpenseByNature_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="ifrs-full_OtherExpenseByNature_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherExpenseByNature_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other expenses, by nature</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="ifrs-full_OtherExpenseByNature_2_lbl"/>
    <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_BankAndSimilarCharges" xlink:label="ifrs-full_BankAndSimilarCharges"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_BankAndSimilarCharges_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bank charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BankAndSimilarCharges" xlink:to="ifrs-full_BankAndSimilarCharges_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmortizationOfDebtDiscount" xlink:label="glbs_AmortizationOfDebtDiscount"/>
    <link:label xlink:type="resource" xlink:label="glbs_AmortizationOfDebtDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amortization of debt discount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmortizationOfDebtDiscount" xlink:to="glbs_AmortizationOfDebtDiscount_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_AmortizationOfDebtDiscount_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmortizationOfDebtDiscount" xlink:to="glbs_AmortizationOfDebtDiscount_doc"/>
    <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_OtherFinanceCost" xlink:label="ifrs-full_OtherFinanceCost"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinanceCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Other finance expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceCost" xlink:to="ifrs-full_OtherFinanceCost_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinanceCost_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Other finance cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceCost" xlink:to="ifrs-full_OtherFinanceCost_2_lbl"/>
    <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_DividendsPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dividends paid, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl"/>
    <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_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:to="ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:to="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl"/>
    <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_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:label="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of offsetting of financial assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseInInterestRates" xlink:label="glbs_IncreaseInInterestRates"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseInInterestRates_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase in Libor</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseInInterestRates" xlink:to="glbs_IncreaseInInterestRates_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseInInterestRates_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseInInterestRates" xlink:to="glbs_IncreaseInInterestRates_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit"/>
    <link:label xlink:type="resource" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Effect on loss (Increase in Libor)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Effect on loss (Increase in Euro exchange rate)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecreaseInInterestRates" xlink:label="glbs_DecreaseInInterestRates"/>
    <link:label xlink:type="resource" xlink:label="glbs_DecreaseInInterestRates_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Decrease in Libor</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DecreaseInInterestRates" xlink:to="glbs_DecreaseInInterestRates_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DecreaseInInterestRates_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DecreaseInInterestRates" xlink:to="glbs_DecreaseInInterestRates_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit"/>
    <link:label xlink:type="resource" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Effect on loss (Decrease in Libor)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_2_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Effect on loss (Decrease in Euro exchange rate)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_2_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_doc"/>
    <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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_lbl"/>
    <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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseInExchangeRates" xlink:label="glbs_IncreaseInExchangeRates"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseInExchangeRates_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increase in Euro exchange rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseInExchangeRates" xlink:to="glbs_IncreaseInExchangeRates_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseInExchangeRates_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Increase in market exchange rates expressed as a percentage.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseInExchangeRates" xlink:to="glbs_IncreaseInExchangeRates_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecreaseInExchangeRates" xlink:label="glbs_DecreaseInExchangeRates"/>
    <link:label xlink:type="resource" xlink:label="glbs_DecreaseInExchangeRates_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Decrease in Euro exchange rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DecreaseInExchangeRates" xlink:to="glbs_DecreaseInExchangeRates_lbl"/>
    <link:label xlink:type="resource" xlink:label="glbs_DecreaseInExchangeRates_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Decrease in market exchange rates expressed as a percentage.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DecreaseInExchangeRates" xlink:to="glbs_DecreaseInExchangeRates_doc"/>
    <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_DisclosureOfCreditRiskExposureLineItems" xlink:label="ifrs-full_DisclosureOfCreditRiskExposureLineItems"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCreditRiskExposureLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of credit risk exposure [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:to="ifrs-full_DisclosureOfCreditRiskExposureLineItems_lbl"/>
    <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_PercentageOfEntitysRevenue" xlink:label="ifrs-full_PercentageOfEntitysRevenue"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_PercentageOfEntitysRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Percentage of entity's revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfEntitysRevenue" xlink:to="ifrs-full_PercentageOfEntitysRevenue_lbl"/>
    <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_DisclosureOfFinancialLiabilitiesLineItems" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:to="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_lbl"/>
    <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_NoncurrentFinancialLiabilities" xlink:label="ifrs-full_NoncurrentFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Long-term debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialLiabilities" xlink:to="ifrs-full_NoncurrentFinancialLiabilities_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilities_2_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_2_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_lbl"/>
    <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_FinancialAssetsAtFairValue" xlink:label="ifrs-full_FinancialAssetsAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl"/>
    <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:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial liabilities, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue_lbl"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill" xlink:label="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Accumulated amortization of intangible assets at the end of the reporting period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill" xlink:to="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment" xlink:label="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDepreciationSaleOfSubsidiary" xlink:label="glbs_AccumulatedDepreciationSaleOfSubsidiary"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccumulatedDepreciationSaleOfSubsidiary_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of decrease in accumulated depreciation as a result of sale of subsidiary.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationSaleOfSubsidiary" xlink:to="glbs_AccumulatedDepreciationSaleOfSubsidiary_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdjustedBookCapiltaisationPlusNetDebt" xlink:label="glbs_AdjustedBookCapiltaisationPlusNetDebt"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustedBookCapiltaisationPlusNetDebt_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustedBookCapiltaisationPlusNetDebt" xlink:to="glbs_AdjustedBookCapiltaisationPlusNetDebt_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdjustedBookCapitalisation" xlink:label="glbs_AdjustedBookCapitalisation"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustedBookCapitalisation_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustedBookCapitalisation" xlink:to="glbs_AdjustedBookCapitalisation_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue"/>
    <link:label xlink:type="resource" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmountDeferredToTheBalloonPayment" xlink:label="glbs_AmountDeferredToTheBalloonPayment"/>
    <link:label xlink:type="resource" xlink:label="glbs_AmountDeferredToTheBalloonPayment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount deferred to the balloon payment after the amendment of the relevant loan agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmountDeferredToTheBalloonPayment" xlink:to="glbs_AmountDeferredToTheBalloonPayment_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmountOfEquityToBeRaised" xlink:label="glbs_AmountOfEquityToBeRaised"/>
    <link:label xlink:type="resource" xlink:label="glbs_AmountOfEquityToBeRaised_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of new equity that the company has to raise, as required by loan agreement covenants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmountOfEquityToBeRaised" xlink:to="glbs_AmountOfEquityToBeRaised_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ApplicableGracePeriod" xlink:label="glbs_ApplicableGracePeriod"/>
    <link:label xlink:type="resource" xlink:label="glbs_ApplicableGracePeriod_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ApplicableGracePeriod" xlink:to="glbs_ApplicableGracePeriod_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumedExpectedVolatilityRate" xlink:label="glbs_AssumedExpectedVolatilityRate"/>
    <link:label xlink:type="resource" xlink:label="glbs_AssumedExpectedVolatilityRate_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The assumed daily volatility for the 6 month period preceding the valuation date.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumedExpectedVolatilityRate" xlink:to="glbs_AssumedExpectedVolatilityRate_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates" xlink:label="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates"/>
    <link:label xlink:type="resource" xlink:label="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates" xlink:to="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AverageLogarithmicPriceChangeAssumed" xlink:label="glbs_AverageLogarithmicPriceChangeAssumed"/>
    <link:label xlink:type="resource" xlink:label="glbs_AverageLogarithmicPriceChangeAssumed_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The average logarithmic price change during the 6 month historical period, incorporated in the Monte Carlo simulation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AverageLogarithmicPriceChangeAssumed" xlink:to="glbs_AverageLogarithmicPriceChangeAssumed_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BackEndFeePercentage" xlink:label="glbs_BackEndFeePercentage"/>
    <link:label xlink:type="resource" xlink:label="glbs_BackEndFeePercentage_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BackEndFeePercentage" xlink:to="glbs_BackEndFeePercentage_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsFaceAmount" xlink:label="glbs_BorrowingsFaceAmount"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsFaceAmount_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Face (par) amount of debt instrument at time of issuance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsFaceAmount" xlink:to="glbs_BorrowingsFaceAmount_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsNumberOfPeriodicPayments" xlink:label="glbs_BorrowingsNumberOfPeriodicPayments"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsNumberOfPeriodicPayments_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of periodic payments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsNumberOfPeriodicPayments" xlink:to="glbs_BorrowingsNumberOfPeriodicPayments_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsPercentageBearingFixedInterestRate" xlink:label="glbs_BorrowingsPercentageBearingFixedInterestRate"/>
    <link:label xlink:type="resource" xlink:label="glbs_BorrowingsPercentageBearingFixedInterestRate_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPercentageBearingFixedInterestRate" xlink:to="glbs_BorrowingsPercentageBearingFixedInterestRate_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of cash and cash equivalents including cash and cash equivalents restricted to withdrawal or usage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CashSegregatedUnderCovenantRequirements" xlink:label="glbs_CashSegregatedUnderCovenantRequirements"/>
    <link:label xlink:type="resource" xlink:label="glbs_CashSegregatedUnderCovenantRequirements_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Cash deposited in a special reserve account pursuant to debt covenant requirements.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashSegregatedUnderCovenantRequirements" xlink:to="glbs_CashSegregatedUnderCovenantRequirements_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClosingStockPrice" xlink:label="glbs_ClosingStockPrice"/>
    <link:label xlink:type="resource" xlink:label="glbs_ClosingStockPrice_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ClosingStockPrice" xlink:to="glbs_ClosingStockPrice_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CompensatingBalanceAmount" xlink:label="glbs_CompensatingBalanceAmount"/>
    <link:label xlink:type="resource" xlink:label="glbs_CompensatingBalanceAmount_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CompensatingBalanceAmount" xlink:to="glbs_CompensatingBalanceAmount_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CompensatingBalanceAmountPerVessel" xlink:label="glbs_CompensatingBalanceAmountPerVessel"/>
    <link:label xlink:type="resource" xlink:label="glbs_CompensatingBalanceAmountPerVessel_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CompensatingBalanceAmountPerVessel" xlink:to="glbs_CompensatingBalanceAmountPerVessel_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConvertibleDebtIncludingEmbeddedDerivative" xlink:label="glbs_ConvertibleDebtIncludingEmbeddedDerivative"/>
    <link:label xlink:type="resource" xlink:label="glbs_ConvertibleDebtIncludingEmbeddedDerivative_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amount of convertible debt, including the amount of the embedded derivative component.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConvertibleDebtIncludingEmbeddedDerivative" xlink:to="glbs_ConvertibleDebtIncludingEmbeddedDerivative_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConvertibleNotesRedemptionPricePercentage" xlink:label="glbs_ConvertibleNotesRedemptionPricePercentage"/>
    <link:label xlink:type="resource" xlink:label="glbs_ConvertibleNotesRedemptionPricePercentage_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConvertibleNotesRedemptionPricePercentage" xlink:to="glbs_ConvertibleNotesRedemptionPricePercentage_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CreditFacilityAxis" xlink:label="glbs_CreditFacilityAxis"/>
    <link:label xlink:type="resource" xlink:label="glbs_CreditFacilityAxis_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CreditFacilityAxis" xlink:to="glbs_CreditFacilityAxis_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure"/>
    <link:label xlink:type="resource" xlink:label="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DailyConsultingFeeIncome" xlink:label="glbs_DailyConsultingFeeIncome"/>
    <link:label xlink:type="resource" xlink:label="glbs_DailyConsultingFeeIncome_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of daily income relating to consulting fee income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DailyConsultingFeeIncome" xlink:to="glbs_DailyConsultingFeeIncome_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleRemainingTradingDays" xlink:label="glbs_DebtInstrumentConvertibleRemainingTradingDays"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConvertibleRemainingTradingDays_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of remaining trading days of convertible debt instrument.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleRemainingTradingDays" xlink:to="glbs_DebtInstrumentConvertibleRemainingTradingDays_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleThresholdTradingDays" xlink:label="glbs_DebtInstrumentConvertibleThresholdTradingDays"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentConvertibleThresholdTradingDays_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleThresholdTradingDays" xlink:to="glbs_DebtInstrumentConvertibleThresholdTradingDays_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPaymentPeriodAxis" xlink:label="glbs_DebtInstrumentPaymentPeriodAxis"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentPaymentPeriodAxis_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Information about timing of debt payments features under terms of the debt agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPaymentPeriodAxis" xlink:to="glbs_DebtInstrumentPaymentPeriodAxis_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPaymentPeriodMember" xlink:label="glbs_DebtInstrumentPaymentPeriodMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentPaymentPeriodMember_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Period as defined under terms of the debt agreement for debt payment features.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPaymentPeriodMember" xlink:to="glbs_DebtInstrumentPaymentPeriodMember_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPaymentPeriodOneMember" xlink:label="glbs_DebtInstrumentPaymentPeriodOneMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DebtInstrumentPaymentPeriodOneMember_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPaymentPeriodOneMember" xlink:to="glbs_DebtInstrumentPaymentPeriodOneMember_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DeferralFeePercentage" xlink:label="glbs_DeferralFeePercentage"/>
    <link:label xlink:type="resource" xlink:label="glbs_DeferralFeePercentage_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The deferral fee per annum, as a percentage of the additional amounts deferred.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DeferralFeePercentage" xlink:to="glbs_DeferralFeePercentage_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DerivativeLifeSignificantUnobservableInputsLiabilities" xlink:label="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities"/>
    <link:label xlink:type="resource" xlink:label="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The derivative life used as a significant Level 3 unobservable input for liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities" xlink:to="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForLessorExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForLessorExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DescriptionOfAccountingPolicyForLessorExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The description of the entity's accounting policy for leases acting as lessor.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForLessorExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForLessorExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants" xlink:label="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants"/>
    <link:label xlink:type="resource" xlink:label="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants" xlink:to="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants" xlink:label="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants"/>
    <link:label xlink:type="resource" xlink:label="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants" xlink:to="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCapitalManagementExplanatory" xlink:label="glbs_DisclosureOfCapitalManagementExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfCapitalManagementExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of capital management.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCapitalManagementExplanatory" xlink:to="glbs_DisclosureOfCapitalManagementExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfDividends" xlink:label="glbs_DisclosureOfDividends"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfDividends_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of dividends.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfDividends" xlink:to="glbs_DisclosureOfDividends_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory" xlink:label="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of future minimum lease payments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory" xlink:to="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfLiquidityRisksExplanatory" xlink:label="glbs_DisclosureOfLiquidityRisksExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfLiquidityRisksExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of liquidity risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfLiquidityRisksExplanatory" xlink:to="glbs_DisclosureOfLiquidityRisksExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfPreferredSharesExplanatory" xlink:label="glbs_DisclosureOfPreferredSharesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfPreferredSharesExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of preferred shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPreferredSharesExplanatory" xlink:to="glbs_DisclosureOfPreferredSharesExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for the amounts of prepayments and other assets in the consolidated statement of financial position.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory" xlink:label="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory" xlink:to="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DividendPayableDateToBePaidDayMonthAndYear" xlink:label="glbs_DividendPayableDateToBePaidDayMonthAndYear"/>
    <link:label xlink:type="resource" xlink:label="glbs_DividendPayableDateToBePaidDayMonthAndYear_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Date the declared dividend will be paid, in CCYY-MM-DD format.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendPayableDateToBePaidDayMonthAndYear" xlink:to="glbs_DividendPayableDateToBePaidDayMonthAndYear_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DividendsAxis" xlink:label="glbs_DividendsAxis"/>
    <link:label xlink:type="resource" xlink:label="glbs_DividendsAxis_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Information about distribution of earnings to shareholders including, but not limited to, cash, property or capital stock.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsAxis" xlink:to="glbs_DividendsAxis_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DividendsMember" xlink:label="glbs_DividendsMember"/>
    <link:label xlink:type="resource" xlink:label="glbs_DividendsMember_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Distributions of earnings to shareholders including but not limited to cash, property or capital stock.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsMember" xlink:to="glbs_DividendsMember_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DividendsPayableDateDeclaredDayMonthAndYear" xlink:label="glbs_DividendsPayableDateDeclaredDayMonthAndYear"/>
    <link:label xlink:type="resource" xlink:label="glbs_DividendsPayableDateDeclaredDayMonthAndYear_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Date the dividend to be paid was declared, in CCYY-MM-DD format.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsPayableDateDeclaredDayMonthAndYear" xlink:to="glbs_DividendsPayableDateDeclaredDayMonthAndYear_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DividendsPayableLineItems" xlink:label="glbs_DividendsPayableLineItems"/>
    <link:label xlink:type="resource" xlink:label="glbs_DividendsPayableLineItems_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsPayableLineItems" xlink:to="glbs_DividendsPayableLineItems_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DividendsPayableTable" xlink:label="glbs_DividendsPayableTable"/>
    <link:label xlink:type="resource" xlink:label="glbs_DividendsPayableTable_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsPayableTable" xlink:to="glbs_DividendsPayableTable_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExercisePriceOfOutstandingWarrants" xlink:label="glbs_ExercisePriceOfOutstandingWarrants"/>
    <link:label xlink:type="resource" xlink:label="glbs_ExercisePriceOfOutstandingWarrants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The exercise price of outstanding warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExercisePriceOfOutstandingWarrants" xlink:to="glbs_ExercisePriceOfOutstandingWarrants_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities" xlink:label="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities"/>
    <link:label xlink:type="resource" xlink:label="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The expected dividend yield  used as a significant Level 3 unobservable input for liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities" xlink:to="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio" xlink:label="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio"/>
    <link:label xlink:type="resource" xlink:label="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The ratio of the aggregate fair market value of the mortgaged vessels to the loan outstanding balance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio" xlink:to="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1" xlink:label="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1"/>
    <link:label xlink:type="resource" xlink:label="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1" xlink:to="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued" xlink:label="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The increase (decrease) in the number of preferred shares issued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued" xlink:to="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseVoyageExpenses" xlink:label="glbs_IncreaseDecreaseVoyageExpenses"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseVoyageExpenses_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The increase (decrease) during the reporting period in expenses arising from rendering of services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseVoyageExpenses" xlink:to="glbs_IncreaseDecreaseVoyageExpenses_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseVoyageRevenues" xlink:label="glbs_IncreaseDecreaseVoyageRevenues"/>
    <link:label xlink:type="resource" xlink:label="glbs_IncreaseDecreaseVoyageRevenues_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The increase (decrease) during the reporting period in revenues arising from rendering of services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseVoyageRevenues" xlink:to="glbs_IncreaseDecreaseVoyageRevenues_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_InterestRateSignificantUnobservableInputsLiabilities1" xlink:label="glbs_InterestRateSignificantUnobservableInputsLiabilities1"/>
    <link:label xlink:type="resource" xlink:label="glbs_InterestRateSignificantUnobservableInputsLiabilities1_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">This element refers to interest rate used as a significant Level 3 unobservable input for liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_InterestRateSignificantUnobservableInputsLiabilities1" xlink:to="glbs_InterestRateSignificantUnobservableInputsLiabilities1_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityDecreaseForgiveness" xlink:label="glbs_LineOfCreditFacilityDecreaseForgiveness"/>
    <link:label xlink:type="resource" xlink:label="glbs_LineOfCreditFacilityDecreaseForgiveness_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityDecreaseForgiveness" xlink:to="glbs_LineOfCreditFacilityDecreaseForgiveness_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LiquidityToConsolidatedIndebtednessRatio" xlink:label="glbs_LiquidityToConsolidatedIndebtednessRatio"/>
    <link:label xlink:type="resource" xlink:label="glbs_LiquidityToConsolidatedIndebtednessRatio_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The ratio of the company's liquidity to its consolidated indebtedness.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LiquidityToConsolidatedIndebtednessRatio" xlink:to="glbs_LiquidityToConsolidatedIndebtednessRatio_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LoanPrincipalAmountDeferred" xlink:label="glbs_LoanPrincipalAmountDeferred"/>
    <link:label xlink:type="resource" xlink:label="glbs_LoanPrincipalAmountDeferred_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The loan principal amount deferred to the last scheduled repayment date.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LoanPrincipalAmountDeferred" xlink:to="glbs_LoanPrincipalAmountDeferred_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ManagementDailyFee" xlink:label="glbs_ManagementDailyFee"/>
    <link:label xlink:type="resource" xlink:label="glbs_ManagementDailyFee_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of daily income recognised for the provided management services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ManagementDailyFee" xlink:to="glbs_ManagementDailyFee_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MarketAdjustedNetWorth" xlink:label="glbs_MarketAdjustedNetWorth"/>
    <link:label xlink:type="resource" xlink:label="glbs_MarketAdjustedNetWorth_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The company's market adjusted net worth.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MarketAdjustedNetWorth" xlink:to="glbs_MarketAdjustedNetWorth_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MarketAdjustedNetWorthToTotalAssetsRatio" xlink:label="glbs_MarketAdjustedNetWorthToTotalAssetsRatio"/>
    <link:label xlink:type="resource" xlink:label="glbs_MarketAdjustedNetWorthToTotalAssetsRatio_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The ratio of the market adjusted net worth to total assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MarketAdjustedNetWorthToTotalAssetsRatio" xlink:to="glbs_MarketAdjustedNetWorthToTotalAssetsRatio_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants" xlink:label="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants"/>
    <link:label xlink:type="resource" xlink:label="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The maximum proportion of ownership interest held by a warrant holder after the exercise of the warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants" xlink:to="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MinimumBidPriceContinuedListingRequirement" xlink:label="glbs_MinimumBidPriceContinuedListingRequirement"/>
    <link:label xlink:type="resource" xlink:label="glbs_MinimumBidPriceContinuedListingRequirement_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The minimum bid price to be met for the Nasdaq Capital Market continued listing citeria.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumBidPriceContinuedListingRequirement" xlink:to="glbs_MinimumBidPriceContinuedListingRequirement_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MinimumBidPriceContinuedListingRequirementDays" xlink:label="glbs_MinimumBidPriceContinuedListingRequirementDays"/>
    <link:label xlink:type="resource" xlink:label="glbs_MinimumBidPriceContinuedListingRequirementDays_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of days for which the minimum bid price continued listing citeria should be met.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumBidPriceContinuedListingRequirementDays" xlink:to="glbs_MinimumBidPriceContinuedListingRequirementDays_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:label="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease"/>
    <link:label xlink:type="resource" xlink:label="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:to="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" xlink:label="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease"/>
    <link:label xlink:type="resource" xlink:label="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" xlink:to="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MinimumLiquidAssets" xlink:label="glbs_MinimumLiquidAssets"/>
    <link:label xlink:type="resource" xlink:label="glbs_MinimumLiquidAssets_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The minimum liquid assets that the company should own and maintain, as required by loan agreement covenants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumLiquidAssets" xlink:to="glbs_MinimumLiquidAssets_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MinimumPossibleConversionPrice" xlink:label="glbs_MinimumPossibleConversionPrice"/>
    <link:label xlink:type="resource" xlink:label="glbs_MinimumPossibleConversionPrice_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The minimum possible conversion price or Floor Price deemed appropriate by the Company's board of directors.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumPossibleConversionPrice" xlink:to="glbs_MinimumPossibleConversionPrice_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MonthlyDepreciationRightofuseAssets" xlink:label="glbs_MonthlyDepreciationRightofuseAssets"/>
    <link:label xlink:type="resource" xlink:label="glbs_MonthlyDepreciationRightofuseAssets_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of monthly depreciation of right-of-use assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MonthlyDepreciationRightofuseAssets" xlink:to="glbs_MonthlyDepreciationRightofuseAssets_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NetDebtIncludingEmbeddedDerivative" xlink:label="glbs_NetDebtIncludingEmbeddedDerivative"/>
    <link:label xlink:type="resource" xlink:label="glbs_NetDebtIncludingEmbeddedDerivative_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Net debt including embedded derivative component.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NetDebtIncludingEmbeddedDerivative" xlink:to="glbs_NetDebtIncludingEmbeddedDerivative_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio" xlink:label="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio"/>
    <link:label xlink:type="resource" xlink:label="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The net debt to adjusted book capitalisation plus net debt ratio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio" xlink:to="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure"/>
    <link:label xlink:type="resource" xlink:label="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfIterations" xlink:label="glbs_NumberOfIterations"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfIterations_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of iterations required for the Monte Carlo simulation iterations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfIterations" xlink:to="glbs_NumberOfIterations_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfSharesHeldByControllingParty" xlink:label="glbs_NumberOfSharesHeldByControllingParty"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfSharesHeldByControllingParty_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of common shares held by the controlling party.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesHeldByControllingParty" xlink:to="glbs_NumberOfSharesHeldByControllingParty_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfSharesSold" xlink:label="glbs_NumberOfSharesSold"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfSharesSold_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of shares sold in a stock transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesSold" xlink:to="glbs_NumberOfSharesSold_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfWarrantsExercised" xlink:label="glbs_NumberOfWarrantsExercised"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfWarrantsExercised_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of warrants exercised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfWarrantsExercised" xlink:to="glbs_NumberOfWarrantsExercised_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentageBelowFloorPrice" xlink:label="glbs_PercentageBelowFloorPrice"/>
    <link:label xlink:type="resource" xlink:label="glbs_PercentageBelowFloorPrice_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The percentage below floor price that common shares can be traded.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentageBelowFloorPrice" xlink:to="glbs_PercentageBelowFloorPrice_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PeriodOfInterestRatesAxis" xlink:label="glbs_PeriodOfInterestRatesAxis"/>
    <link:label xlink:type="resource" xlink:label="glbs_PeriodOfInterestRatesAxis_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Information about the period of the interest rates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PeriodOfInterestRatesAxis" xlink:to="glbs_PeriodOfInterestRatesAxis_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PriceFloor" xlink:label="glbs_PriceFloor"/>
    <link:label xlink:type="resource" xlink:label="glbs_PriceFloor_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Price floor incorporated in Monte Carlo Simulation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PriceFloor" xlink:to="glbs_PriceFloor_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProfitLossFromNonOperatingActivities" xlink:label="glbs_ProfitLossFromNonOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="glbs_ProfitLossFromNonOperatingActivities_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The profit (loss) from non-operating activities of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProfitLossFromNonOperatingActivities" xlink:to="glbs_ProfitLossFromNonOperatingActivities_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PropertyPlantAndEquipmentFairValueAdjustment" xlink:label="glbs_PropertyPlantAndEquipmentFairValueAdjustment"/>
    <link:label xlink:type="resource" xlink:label="glbs_PropertyPlantAndEquipmentFairValueAdjustment_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PropertyPlantAndEquipmentFairValueAdjustment" xlink:to="glbs_PropertyPlantAndEquipmentFairValueAdjustment_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RentalAnnualIncreaseRateAboveInflation" xlink:label="glbs_RentalAnnualIncreaseRateAboveInflation"/>
    <link:label xlink:type="resource" xlink:label="glbs_RentalAnnualIncreaseRateAboveInflation_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RentalAnnualIncreaseRateAboveInflation" xlink:to="glbs_RentalAnnualIncreaseRateAboveInflation_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RestrictedCashCollateralBreached" xlink:label="glbs_RestrictedCashCollateralBreached"/>
    <link:label xlink:type="resource" xlink:label="glbs_RestrictedCashCollateralBreached_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RestrictedCashCollateralBreached" xlink:to="glbs_RestrictedCashCollateralBreached_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ReverseStockSplitConversionRatio" xlink:label="glbs_ReverseStockSplitConversionRatio"/>
    <link:label xlink:type="resource" xlink:label="glbs_ReverseStockSplitConversionRatio_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Ratio applied to the conversion of a reverse stock split, for example two shares converted to one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ReverseStockSplitConversionRatio" xlink:to="glbs_ReverseStockSplitConversionRatio_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StockRedeemedDuringPeriodShares" xlink:label="glbs_StockRedeemedDuringPeriodShares"/>
    <link:label xlink:type="resource" xlink:label="glbs_StockRedeemedDuringPeriodShares_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Number of stock bought back by the entity at the redemption price.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StockRedeemedDuringPeriodShares" xlink:to="glbs_StockRedeemedDuringPeriodShares_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StockRedeemedDuringPeriodValue" xlink:label="glbs_StockRedeemedDuringPeriodValue"/>
    <link:label xlink:type="resource" xlink:label="glbs_StockRedeemedDuringPeriodValue_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Value of stock bought back by the entity at the redemption price.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StockRedeemedDuringPeriodValue" xlink:to="glbs_StockRedeemedDuringPeriodValue_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio" xlink:label="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio"/>
    <link:label xlink:type="resource" xlink:label="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio" xlink:to="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_UnrealizedCashAndCashEquivalents" xlink:label="glbs_UnrealizedCashAndCashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="glbs_UnrealizedCashAndCashEquivalents_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of cash and cash equivalents that the entity should have disclosed in its statements.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_UnrealizedCashAndCashEquivalents" xlink:to="glbs_UnrealizedCashAndCashEquivalents_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1" xlink:label="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1"/>
    <link:label xlink:type="resource" xlink:label="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1" xlink:to="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_WarrantsExpense" xlink:label="glbs_WarrantsExpense"/>
    <link:label xlink:type="resource" xlink:label="glbs_WarrantsExpense_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The expense related to the warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_WarrantsExpense" xlink:to="glbs_WarrantsExpense_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory" xlink:label="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure of advances for vessels acquisition.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory" xlink:to="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants" xlink:label="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants"/>
    <link:label xlink:type="resource" xlink:label="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" 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:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants" xlink:to="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BasicAndDilutedLossPerShare" xlink:label="glbs_BasicAndDilutedLossPerShare"/>
    <link:label xlink:type="resource" xlink:label="glbs_BasicAndDilutedLossPerShare_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of loss per share when the basic and diluted measurements are equal.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BasicAndDilutedLossPerShare" xlink:to="glbs_BasicAndDilutedLossPerShare_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfVesselsFleet" xlink:label="glbs_NumberOfVesselsFleet"/>
    <link:label xlink:type="resource" xlink:label="glbs_NumberOfVesselsFleet_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The number of vessels fleet.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfVesselsFleet" xlink:to="glbs_NumberOfVesselsFleet_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentatgeOfPurchasePrice" xlink:label="glbs_PercentatgeOfPurchasePrice"/>
    <link:label xlink:type="resource" xlink:label="glbs_PercentatgeOfPurchasePrice_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The percentage of the purchase price for the acquisition of property, plant and equipment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentatgeOfPurchasePrice" xlink:to="glbs_PercentatgeOfPurchasePrice_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CashPaymentsForImprovements" xlink:label="glbs_CashPaymentsForImprovements"/>
    <link:label xlink:type="resource" xlink:label="glbs_CashPaymentsForImprovements_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The cash outflow for improvements.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashPaymentsForImprovements" xlink:to="glbs_CashPaymentsForImprovements_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DailyFeeAndCommissionIncome" xlink:label="glbs_DailyFeeAndCommissionIncome"/>
    <link:label xlink:type="resource" xlink:label="glbs_DailyFeeAndCommissionIncome_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of daily income relating to fees and commissions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DailyFeeAndCommissionIncome" xlink:to="glbs_DailyFeeAndCommissionIncome_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfVoyageAndVesselOperatingExpenses" xlink:label="glbs_DisclosureOfVoyageAndVesselOperatingExpenses"/>
    <link:label xlink:type="resource" xlink:label="glbs_DisclosureOfVoyageAndVesselOperatingExpenses_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The disclosure for voayage expenses and vessel operating expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfVoyageAndVesselOperatingExpenses" xlink:to="glbs_DisclosureOfVoyageAndVesselOperatingExpenses_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ReverseStockSplitConversionRatio1" xlink:label="glbs_ReverseStockSplitConversionRatio1"/>
    <link:label xlink:type="resource" xlink:label="glbs_ReverseStockSplitConversionRatio1_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Ratio applied to the conversion of a reverse stock split, for example two shares converted to one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ReverseStockSplitConversionRatio1" xlink:to="glbs_ReverseStockSplitConversionRatio1_doc"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccruedLoanInterestAndFinancingFees" xlink:label="glbs_AccruedLoanInterestAndFinancingFees"/>
    <link:label xlink:type="resource" xlink:label="glbs_AccruedLoanInterestAndFinancingFees_doc" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Carrying value of obligations payable for loan interest and financing fees.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccruedLoanInterestAndFinancingFees" xlink:to="glbs_AccruedLoanInterestAndFinancingFees_doc"/>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>14
<FILENAME>glbs-20211231_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by Fujitsu Interstage XWand B0228 -->
<!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.11a -->
<!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
<!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="http://globusmaritime.gr/role/Cover" xlink:type="simple" xlink:href="glbs-20211231.xsd#Cover"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfComprehensiveIncomeloss"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfFinancialPosition" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfFinancialPosition"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfChangesInEquity" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfChangesInEquity"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/StatementsOfCashFlows" xlink:type="simple" xlink:href="glbs-20211231.xsd#StatementsOfCashFlows"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformation"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCash"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Inventories" xlink:type="simple" xlink:href="glbs-20211231.xsd#Inventories"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TradeAccountsPayable" xlink:type="simple" xlink:href="glbs-20211231.xsd#TradeAccountsPayable"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShare" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShare"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPayment" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPayment"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpenses" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpenses"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCosts"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Dividends" xlink:type="simple" xlink:href="glbs-20211231.xsd#Dividends"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Contingencies" xlink:type="simple" xlink:href="glbs-20211231.xsd#Contingencies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Commitments" xlink:type="simple" xlink:href="glbs-20211231.xsd#Commitments"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/IncomeTax" xlink:type="simple" xlink:href="glbs-20211231.xsd#IncomeTax"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValues" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValues"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EventsAfterReportingDate" xlink:type="simple" xlink:href="glbs-20211231.xsd#EventsAfterReportingDate"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPoliciesPolicies"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedPartiesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNetTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNetTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InventoriesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#InventoriesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayablesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremiumTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShareTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShareTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNetTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNetTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPaymentTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPaymentTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpensesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpensesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpensesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CommitmentsTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#CommitmentsTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPoliciesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValuesTables" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValuesTables"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPresentationAndGeneralInformationDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#CashAndCashEquivalentsAndRestrictedCashDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#TransactionsWithRelatedPartiesDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNet-ImpairmentLossDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VesselsNetDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#VesselsNetDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InventoriesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#InventoriesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#TradeAccountsPayableDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#AccruedLiabilitiesAndOtherPayablesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareCapitalAndSharePremiumDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/EarningslossPerShareDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#EarningslossPerShareDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#Long-termDebtNetDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/ShareBasedPaymentDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#ShareBasedPaymentDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/AdministrativeExpensesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#AdministrativeExpensesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#InterestExpenseAndFinanceCostsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/DividendsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#DividendsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/CommitmentsDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#CommitmentsDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/IncomeTaxDetailsNarrative" xlink:type="simple" xlink:href="glbs-20211231.xsd#IncomeTaxDetailsNarrative"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"/>
  <link:roleRef roleURI="http://globusmaritime.gr/role/FairValuesMeasurementDetails" xlink:type="simple" xlink:href="glbs-20211231.xsd#FairValuesMeasurementDetails"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Cover" xlink:title="00000001 - Document - Cover">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesTable" xlink:label="loc_deiEntityAddressesTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressesTable" order="100.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesLineItems" xlink:label="loc_deiEntityAddressesLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesTable" xlink:to="loc_deiEntityAddressesLineItems" order="200.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentType" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAmendmentFlag" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAmendmentDescription" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentRegistrationStatement" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentAnnualReport" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentQuarterlyReport" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentTransitionReport" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentShellCompanyReport" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentShellCompanyEventDate" order="80.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentPeriodStartDate" order="90.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentPeriodEndDate" order="100.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentFiscalPeriodFocus" order="110.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentFiscalYearFocus" order="120.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiCurrentFiscalYearEndDate" order="130.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityFileNumber" order="140.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityRegistrantName" order="150.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityCentralIndexKey" order="160.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityPrimarySicNumber" order="170.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityTaxIdentificationNumber" order="180.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityIncorporationStateCountryCode" order="190.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressAddressLine1" order="200.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressAddressLine2" order="210.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressAddressLine3" order="220.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressCityOrTown" order="230.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressStateOrProvince" order="240.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressCountry" order="250.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityAddressPostalZipCode" order="260.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiCountryRegion" order="270.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiCityAreaCode" order="280.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiLocalPhoneNumber" order="290.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Extension" xlink:label="loc_deiExtension"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiExtension" order="300.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiWrittenCommunications" order="310.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSolicitingMaterial" order="320.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiPreCommencementTenderOffer" order="330.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiPreCommencementIssuerTenderOffer" order="340.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurity12bTitle" order="350.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiNoTradingSymbolFlag" order="360.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiTradingSymbol" order="370.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurityExchangeName" order="380.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurity12gTitle" order="390.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiSecurityReportingObligation" order="400.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAnnualInformationForm" order="410.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditedAnnualFinancialStatements" order="420.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" order="430.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityVoluntaryFilers" order="440.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityCurrentReportingStatus" order="450.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityInteractiveDataCurrent" order="460.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityFilerCategory" order="470.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntitySmallBusiness" order="480.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityEmergingGrowthCompany" order="490.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityExTransitionPeriod" order="500.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentAccountingStandard" order="510.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiOtherReportingStandardItemNumber" order="520.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityShellCompany" order="530.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityPublicFloat" order="540.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" order="550.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiEntityCommonStockSharesOutstanding" order="560.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" order="570.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_ContactPersonnelName" xlink:label="loc_deiContactPersonnelName"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiContactPersonnelName" order="580.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="loc_deiIcfrAuditorAttestationFlag"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiIcfrAuditorAttestationFlag" order="590.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorFirmId" xlink:label="loc_deiAuditorFirmId"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditorFirmId" order="600.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorName" xlink:label="loc_deiAuditorName"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditorName" order="610.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorLocation" xlink:label="loc_deiAuditorLocation"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesLineItems" xlink:to="loc_deiAuditorLocation" order="620.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressesAddressTypeAxis" xlink:label="loc_deiEntityAddressesAddressTypeAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesTable" xlink:to="loc_deiEntityAddressesAddressTypeAxis" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AddressTypeDomain" xlink:label="loc_deiAddressTypeDomain"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityAddressesAddressTypeAxis" xlink:to="loc_deiAddressTypeDomain" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_BusinessContactMember" xlink:label="loc_deiBusinessContactMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiAddressTypeDomain" xlink:to="loc_deiBusinessContactMember" order="20.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss" xlink:title="00000002 - Statement - Consolidated Statements of Comprehensive Income/(Loss)">
    <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_IncomeStatementAbstract" xlink:label="loc_ifrs-fullIncomeStatementAbstract"/>
    <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="loc_ifrs-fullRevenueAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullRevenueAbstract" order="0.0"/>
    <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="loc_ifrs-fullRevenueFromRenderingOfServices"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullRevenueFromRenderingOfServices" order="10.0"/>
    <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_FeeAndCommissionIncome" xlink:label="loc_ifrs-fullFeeAndCommissionIncome"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullFeeAndCommissionIncome" order="20.0"/>
    <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="loc_ifrs-fullRevenue"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullRevenue" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullMaterialIncomeAndExpenseAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullMaterialIncomeAndExpenseAbstract" order="40.0"/>
    <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="loc_ifrs-fullServicesExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullServicesExpense" order="50.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OperatingCosts" xlink:label="loc_glbsOperatingCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_glbsOperatingCosts" order="60.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullDepreciationExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullDepreciationExpense" order="70.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DepreciationOfDryDockingCosts" xlink:label="loc_glbsDepreciationOfDryDockingCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_glbsDepreciationOfDryDockingCosts" order="80.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullAdministrativeExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullAdministrativeExpense" order="90.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:label="loc_glbsAdministrativeExpenseRelatedPartyTransactions"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_glbsAdministrativeExpenseRelatedPartyTransactions" order="100.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DirectorsCompensationSharebasedPayment" xlink:label="loc_glbsDirectorsCompensationSharebasedPayment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_glbsDirectorsCompensationSharebasedPayment" order="110.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullImpairmentLoss"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullImpairmentLoss" order="120.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullOtherOperatingIncomeExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" order="130.0"/>
    <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="loc_ifrs-fullProfitLossFromOperatingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullProfitLossFromOperatingActivities" order="140.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullRevenueFromInterest"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullRevenueFromInterest" order="150.0"/>
    <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="loc_ifrs-fullFinanceCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullFinanceCosts" order="160.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives" order="170.0"/>
    <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="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" order="180.0"/>
    <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="loc_ifrs-fullProfitLoss"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullProfitLoss" order="190.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullOtherComprehensiveIncome"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullOtherComprehensiveIncome" order="200.0"/>
    <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="loc_ifrs-fullComprehensiveIncome"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullComprehensiveIncome" order="210.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LossEarningsPerShareAbstract" xlink:label="loc_glbsLossEarningsPerShareAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_glbsLossEarningsPerShareAbstract" order="220.0"/>
    <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="loc_ifrs-fullDilutedEarningsLossPerShare"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullDilutedEarningsLossPerShare" order="230.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfFinancialPosition" xlink:title="00000003 - Statement - Consolidated Statements of Financial Position">
    <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="loc_ifrs-fullStatementOfFinancialPositionAbstract"/>
    <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="loc_ifrs-fullNoncurrentAssetsAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullNoncurrentAssetsAbstract" order="0.0"/>
    <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="loc_ifrs-fullShips"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullShips" order="10.0"/>
    <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="loc_ifrs-fullOfficeEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullOfficeEquipment" order="20.0"/>
    <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="loc_ifrs-fullRightofuseAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullRightofuseAssets" order="30.0"/>
    <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="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents" order="40.0"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialAssets" order="50.0"/>
    <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="loc_ifrs-fullOtherNoncurrentAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullOtherNoncurrentAssets" order="60.0"/>
    <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="loc_ifrs-fullNoncurrentAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullNoncurrentAssets" order="70.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullCurrentAssetsAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentAssetsAbstract" order="80.0"/>
    <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="loc_ifrs-fullTradeAndOtherCurrentReceivables"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullTradeAndOtherCurrentReceivables" order="90.0"/>
    <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="loc_ifrs-fullInventories"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullInventories" order="100.0"/>
    <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="loc_ifrs-fullCurrentPrepaymentsAndOtherCurrentAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentPrepaymentsAndOtherCurrentAssets" order="110.0"/>
    <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="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents" order="120.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents" order="130.0"/>
    <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="loc_ifrs-fullCurrentAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentAssets" order="140.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullAssets" order="150.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullNoncurrentLiabilitiesAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullNoncurrentLiabilitiesAbstract" order="160.0"/>
    <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="loc_ifrs-fullEquityAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullEquityAbstract" order="170.0"/>
    <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="loc_ifrs-fullIssuedCapital"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullIssuedCapital" order="180.0"/>
    <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="loc_ifrs-fullSharePremium"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullSharePremium" order="190.0"/>
    <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="loc_ifrs-fullRetainedEarnings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullRetainedEarnings" order="200.0"/>
    <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="loc_ifrs-fullEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullEquity" order="210.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NoncurrentLiabilitiesIAbstract" xlink:label="loc_glbsNoncurrentLiabilitiesIAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_glbsNoncurrentLiabilitiesIAbstract" order="220.0"/>
    <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="loc_ifrs-fullLongtermBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsNoncurrentLiabilitiesIAbstract" xlink:to="loc_ifrs-fullLongtermBorrowings" order="230.0"/>
    <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="loc_ifrs-fullNoncurrentProvisionsForEmployeeBenefits"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsNoncurrentLiabilitiesIAbstract" xlink:to="loc_ifrs-fullNoncurrentProvisionsForEmployeeBenefits" order="240.0"/>
    <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="loc_ifrs-fullNoncurrentLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsNoncurrentLiabilitiesIAbstract" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities" order="250.0"/>
    <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="loc_ifrs-fullNoncurrentLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsNoncurrentLiabilitiesIAbstract" xlink:to="loc_ifrs-fullNoncurrentLiabilities" order="260.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullCurrentLiabilitiesAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsNoncurrentLiabilitiesIAbstract" xlink:to="loc_ifrs-fullCurrentLiabilitiesAbstract" order="270.0"/>
    <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="loc_ifrs-fullCurrentPortionOfLongtermBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentPortionOfLongtermBorrowings" order="280.0"/>
    <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="loc_ifrs-fullTradeAndOtherCurrentPayables"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayables" order="290.0"/>
    <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="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities" order="300.0"/>
    <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="loc_ifrs-fullCurrentLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities" order="310.0"/>
    <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="loc_ifrs-fullCurrentDerivativeFinancialLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentDerivativeFinancialLiabilities" order="320.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullDeferredIncomeIncludingContractLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullDeferredIncomeIncludingContractLiabilities" order="330.0"/>
    <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="loc_ifrs-fullCurrentLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullCurrentLiabilities" order="340.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullLiabilities" order="350.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullEquityAndLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullEquityAndLiabilities" order="360.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfChangesInEquity" xlink:title="00000004 - Statement - Consolidated Statements of Changes in Equity">
    <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_StatementOfChangesInEquityAbstract" xlink:label="loc_ifrs-fullStatementOfChangesInEquityAbstract"/>
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityAbstract" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="100.0"/>
    <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="loc_ifrs-fullStatementOfChangesInEquityLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullStatementOfChangesInEquityLineItems" order="200.0"/>
    <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="loc_ifrs-fullEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullEquity" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <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="loc_ifrs-fullEquity_2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullEquity_2" order="110.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
    <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="loc_ifrs-fullProfitLoss"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullProfitLoss" order="20.0"/>
    <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="loc_ifrs-fullOtherComprehensiveIncome"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncome" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullComprehensiveIncome"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullComprehensiveIncome" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions" order="50.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughConversionOfConvertibleInstruments"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughConversionOfConvertibleInstruments" order="60.0"/>
    <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="loc_ifrs-fullIssueOfEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIssueOfEquity" order="70.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity" order="80.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfPreferredShares" xlink:label="loc_glbsIssueOfPreferredShares"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_glbsIssueOfPreferredShares" order="90.0"/>
    <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="loc_ifrs-fullShareIssueRelatedCost"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullShareIssueRelatedCost" order="100.0"/>
    <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="loc_ifrs-fullComponentsOfEquityAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="10.0"/>
    <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="loc_ifrs-fullIssuedCapitalMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullIssuedCapitalMember" order="10.0"/>
    <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="loc_ifrs-fullSharePremiumMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullSharePremiumMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDeficitMember" xlink:label="loc_glbsAccumulatedDeficitMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_glbsAccumulatedDeficitMember" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TotalMember" xlink:label="loc_glbsTotalMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_glbsTotalMember" order="40.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/StatementsOfCashFlows" xlink:title="00000005 - Statement - Consolidated Statements of Cash Flows">
    <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="loc_ifrs-fullStatementOfCashFlowsAbstract"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInOperatingActivitiesAbstract" order="0.0"/>
    <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="loc_ifrs-fullProfitLoss"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullProfitLoss" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" order="20.0"/>
    <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="loc_ifrs-fullAdjustmentsForDepreciationExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDepreciationExpense" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" xlink:label="loc_glbsAdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_glbsAdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PaymentsOfDeferredDryDockingCosts" xlink:label="loc_glbsPaymentsOfDeferredDryDockingCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_glbsPaymentsOfDeferredDryDockingCosts" order="50.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullAdjustmentsForProvisions"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForProvisions" order="60.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullAdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" order="70.0"/>
    <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="loc_ifrs-fullAdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" order="80.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullAdjustmentsForFinanceCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForFinanceCosts" order="90.0"/>
    <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="loc_ifrs-fullAdjustmentsForInterestIncome"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForInterestIncome" order="100.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullAdjustmentsForUnrealisedForeignExchangeLossesGains"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForUnrealisedForeignExchangeLossesGains" order="110.0"/>
    <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="loc_ifrs-fullAdjustmentsForSharebasedPayments"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForSharebasedPayments" order="120.0"/>
    <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="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInTradeAccountReceivable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInTradeAccountReceivable" order="130.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories" order="140.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherAssets" order="150.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable" order="160.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:label="loc_glbsAdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_glbsAdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" order="170.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" order="180.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" order="190.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInInvestingActivitiesAbstract" order="200.0"/>
    <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="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" order="210.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" order="220.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullPurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullPurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" order="230.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullInterestReceivedClassifiedAsInvestingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullInterestReceivedClassifiedAsInvestingActivities" order="240.0"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" order="250.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInFinancingActivitiesAbstract" order="260.0"/>
    <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="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities" order="270.0"/>
    <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="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" order="280.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPrepaymentAmount" xlink:label="loc_glbsDebtInstrumentPrepaymentAmount"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_glbsDebtInstrumentPrepaymentAmount" order="290.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullProceedsFromIssuingShares"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullProceedsFromIssuingShares" order="300.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProceedsFromWarrantExercises" xlink:label="loc_glbsProceedsFromWarrantExercises"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_glbsProceedsFromWarrantExercises" order="310.0"/>
    <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="loc_ifrs-fullPaymentsForShareIssueCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullPaymentsForShareIssueCosts" order="320.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:label="loc_ifrs-fullCashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" order="330.0"/>
    <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="loc_ifrs-fullPaymentsForDebtIssueCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullPaymentsForDebtIssueCosts" order="340.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullPaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullPaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" order="350.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullInterestPaidClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullInterestPaidClassifiedAsFinancingActivities" order="360.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" order="370.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" order="380.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents" order="390.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <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="loc_ifrs-fullCashAndCashEquivalents_2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents_2" order="400.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation" xlink:title="00000006 - Disclosure - Basis of presentation and general information">
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract"/>
    <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="loc_ifrs-fullDisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="loc_ifrs-fullDisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies" xlink:title="00000007 - Disclosure - Basis of Preparation and Significant Accounting Policies">
    <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="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract"/>
    <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="loc_ifrs-fullDisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash" xlink:title="00000008 - Disclosure - Cash and cash equivalents and Restricted cash">
    <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="loc_ifrs-fullCashAndCashEquivalentsAbstract"/>
    <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="loc_ifrs-fullDisclosureOfCashAndCashEquivalentsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfCashAndCashEquivalentsExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties" xlink:title="00000009 - Disclosure - Transactions with Related Parties">
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <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_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet" xlink:title="00000010 - Disclosure - Vessels, net">
    <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_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <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_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Inventories" xlink:title="00000011 - Disclosure - Inventories">
    <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_ClassesOfInventoriesAbstract" xlink:label="loc_ifrs-fullClassesOfInventoriesAbstract"/>
    <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_DisclosureOfInventoriesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfInventoriesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfInventoriesAbstract" xlink:to="loc_ifrs-fullDisclosureOfInventoriesExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TradeAccountsPayable" xlink:title="00000012 - Disclosure - Trade accounts payable">
    <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_TradeAndOtherPayablesAbstract" xlink:label="loc_ifrs-fullTradeAndOtherPayablesAbstract"/>
    <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_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfTradeAndOtherPayablesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherPayablesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTradeAndOtherPayablesExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables" xlink:title="00000013 - Disclosure - Accrued liabilities and other payables">
    <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_MiscellaneousCurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract"/>
    <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_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium" xlink:title="00000014 - Disclosure - Share Capital and Share Premium">
    <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_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract"/>
    <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_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:label="loc_ifrs-fullDisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullDisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShare" xlink:title="00000015 - Disclosure - Earnings/(Loss) per Share">
    <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="loc_ifrs-fullEarningsPerShareAbstract"/>
    <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_DisclosureOfEarningsPerShareExplanatory" xlink:label="loc_ifrs-fullDisclosureOfEarningsPerShareExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareAbstract" xlink:to="loc_ifrs-fullDisclosureOfEarningsPerShareExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet" xlink:title="00000016 - Disclosure - Long-Term Debt, net">
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract"/>
    <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="loc_ifrs-fullDisclosureOfBorrowingsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="loc_ifrs-fullDisclosureOfBorrowingsExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPayment" xlink:title="00000017 - Disclosure - Share Based Payment">
    <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="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract"/>
    <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_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfSharebasedPaymentArrangementsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="loc_ifrs-fullDisclosureOfSharebasedPaymentArrangementsExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses" xlink:title="00000018 - Disclosure - Voyage Expenses and Vessel Operating Expenses">
    <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_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract"/>
    <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_DisclosureOfOtherOperatingExpenseExplanatory" xlink:label="loc_ifrs-fullDisclosureOfOtherOperatingExpenseExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullDisclosureOfOtherOperatingExpenseExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpenses" xlink:title="00000019 - Disclosure - Administrative Expenses">
    <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_SellingGeneralAndAdministrativeExpenseAbstract" xlink:label="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract"/>
    <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_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:label="loc_ifrs-fullDisclosureOfGeneralAndAdministrativeExpenseExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_ifrs-fullDisclosureOfGeneralAndAdministrativeExpenseExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts" xlink:title="00000020 - Disclosure - Interest Expense and Finance Costs">
    <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_InterestCostsAbstract" xlink:label="loc_ifrs-fullInterestCostsAbstract"/>
    <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_DisclosureOfInterestExpenseExplanatory" xlink:label="loc_ifrs-fullDisclosureOfInterestExpenseExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_ifrs-fullDisclosureOfInterestExpenseExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Dividends" xlink:title="00000021 - Disclosure - Dividends">
    <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_MiscellaneousLiabilitiesAbstract" xlink:label="loc_ifrs-fullMiscellaneousLiabilitiesAbstract"/>
    <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_DisclosureOfDividendsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfDividendsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousLiabilitiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfDividendsExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Contingencies" xlink:title="00000022 - Disclosure - Contingencies">
    <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="loc_ifrs-fullDisclosureOfContingentLiabilitiesAbstract"/>
    <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_DisclosureOfContingentLiabilitiesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfContingentLiabilitiesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfContingentLiabilitiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfContingentLiabilitiesExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Commitments" xlink:title="00000023 - Disclosure - Commitments">
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:label="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract"/>
    <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_DisclosureOfCommitmentsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfCommitmentsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:to="loc_ifrs-fullDisclosureOfCommitmentsExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/IncomeTax" xlink:title="00000024 - Disclosure - Income Tax">
    <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_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:label="loc_ifrs-fullMajorComponentsOfTaxExpenseIncomeAbstract"/>
    <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_DisclosureOfIncomeTaxExplanatory" xlink:label="loc_ifrs-fullDisclosureOfIncomeTaxExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="loc_ifrs-fullDisclosureOfIncomeTaxExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies" xlink:title="00000025 - Disclosure - Financial risk management objectives and policies">
    <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_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract"/>
    <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_DisclosureOfFinancialRiskManagementExplanatory" xlink:label="loc_ifrs-fullDisclosureOfFinancialRiskManagementExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialRiskManagementExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValues" xlink:title="00000026 - Disclosure - Fair values">
    <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_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsAbstract"/>
    <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_DisclosureOfFairValueMeasurementExplanatory" xlink:label="loc_ifrs-fullDisclosureOfFairValueMeasurementExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFairValueMeasurementExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EventsAfterReportingDate" xlink:title="00000027 - Disclosure - Events after the reporting date">
    <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="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodAbstract"/>
    <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_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="loc_ifrs-fullDisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="loc_ifrs-fullDisclosureOfEventsAfterReportingPeriodExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies" xlink:title="00000028 - Disclosure - Basis of Preparation and Significant Accounting Policies (Policies)">
    <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="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract"/>
    <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_DisclosureOfGoingConcernExplanatory" xlink:label="loc_ifrs-fullDisclosureOfGoingConcernExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDisclosureOfGoingConcernExplanatory" order="0.0"/>
    <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="loc_ifrs-fullDescriptionOfInitialApplicationOfStandardsOrInterpretations"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfInitialApplicationOfStandardsOrInterpretations" order="10.0"/>
    <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_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfAccountingJudgementsAndEstimatesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDisclosureOfAccountingJudgementsAndEstimatesExplanatory" order="20.0"/>
    <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_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForRecognitionOfRevenue" order="30.0"/>
    <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_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" order="40.0"/>
    <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_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" order="50.0"/>
    <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_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" order="60.0"/>
    <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_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForMeasuringInventories"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForMeasuringInventories" order="70.0"/>
    <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_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" order="80.0"/>
    <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_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory" order="90.0"/>
    <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_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForDepreciationExpenseExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" order="100.0"/>
    <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_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForLeasesExplanatory" order="110.0"/>
    <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_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" order="120.0"/>
    <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_DescriptionOfAccountingPolicyForBorrowingsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForBorrowingsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForBorrowingsExplanatory" order="130.0"/>
    <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_DescriptionOfAccountingPolicyForFinanceCostsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForFinanceCostsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForFinanceCostsExplanatory" order="140.0"/>
    <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_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForBorrowingCostsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForBorrowingCostsExplanatory" order="150.0"/>
    <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_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForSegmentReportingExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForSegmentReportingExplanatory" order="160.0"/>
    <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_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForProvisionsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForProvisionsExplanatory" order="170.0"/>
    <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_DescriptionOfAccountingPolicyForTerminationBenefits" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForTerminationBenefits"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForTerminationBenefits" order="180.0"/>
    <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_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" order="190.0"/>
    <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_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" order="200.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" xlink:label="loc_glbsDescriptionOfAccountingPolicyForLesseeExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_glbsDescriptionOfAccountingPolicyForLesseeExplanatory" order="210.0"/>
    <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_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForInsuranceContracts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForInsuranceContracts" order="220.0"/>
    <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_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" order="230.0"/>
    <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_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForIssuedCapitalExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForIssuedCapitalExplanatory" order="240.0"/>
    <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_DescriptionOfAccountingPolicyForDividendsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForDividendsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForDividendsExplanatory" order="250.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForFairValueMeasurementExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" order="260.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" xlink:label="loc_glbsDescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_glbsDescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" order="270.0"/>
    <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_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" order="280.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" xlink:label="loc_glbsDescriptionOfAccountingPolicyForRestrictedCashExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_glbsDescriptionOfAccountingPolicyForRestrictedCashExplanatory" order="290.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory" xlink:label="loc_glbsDescriptionOfAccountingPolicyForInterestRateSwapExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_glbsDescriptionOfAccountingPolicyForInterestRateSwapExplanatory" order="300.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory" xlink:label="loc_glbsDescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_glbsDescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory" order="310.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables" xlink:title="00000029 - Disclosure - Basis of presentation and general information (Tables)">
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract"/>
    <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_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables" xlink:title="00000030 - Disclosure - Cash and cash equivalents and Restricted cash (Tables)">
    <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="loc_ifrs-fullCashAndCashEquivalentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCashAndBankBalancesExplanatory" xlink:label="loc_glbsDisclosureOfCashAndBankBalancesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_glbsDisclosureOfCashAndBankBalancesExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables" xlink:title="00000031 - Disclosure - Transactions with Related Parties (Tables)">
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCompensationOfNonExecutiveDirectors" xlink:label="loc_glbsDisclosureOfCompensationOfNonExecutiveDirectors"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_glbsDisclosureOfCompensationOfNonExecutiveDirectors" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCompensationOfExecutiveDirector" xlink:label="loc_glbsDisclosureOfCompensationOfExecutiveDirector"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_glbsDisclosureOfCompensationOfExecutiveDirector" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNetTables" xlink:title="00000032 - Disclosure - Vessels, net (Tables)">
    <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_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="loc_glbsDisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_glbsDisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" xlink:label="loc_glbsDisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_glbsDisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" order="10.0"/>
    <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_DisclosureOfImpairmentOfAssetsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfImpairmentOfAssetsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfImpairmentOfAssetsExplanatory" order="20.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InventoriesTables" xlink:title="00000033 - Disclosure - Inventories (Tables)">
    <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_ClassesOfInventoriesAbstract" xlink:label="loc_ifrs-fullClassesOfInventoriesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="loc_glbsDisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfInventoriesAbstract" xlink:to="loc_glbsDisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables" xlink:title="00000034 - Disclosure - Accrued liabilities and other payables (Tables)">
    <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_MiscellaneousCurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="loc_glbsDisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_glbsDisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables" xlink:title="00000035 - Disclosure - Share Capital and Share Premium (Tables)">
    <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_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract"/>
    <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_DisclosureOfClassesOfShareCapitalExplanatory" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalExplanatory" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfCommonSharesExplanatory" xlink:label="loc_glbsDisclosureOfCommonSharesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_glbsDisclosureOfCommonSharesExplanatory" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShareTables" xlink:title="00000036 - Disclosure - Earnings/(Loss) per Share (Tables)">
    <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="loc_ifrs-fullEarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfEarningsPerShareTableExplanatory" xlink:label="loc_glbsDisclosureOfEarningsPerShareTableExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareAbstract" xlink:to="loc_glbsDisclosureOfEarningsPerShareTableExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNetTables" xlink:title="00000037 - Disclosure - Long-Term Debt, net (Tables)">
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" xlink:label="loc_glbsDisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="loc_glbsDisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" xlink:label="loc_glbsDisclosureOfLongTermDebtAnnualPrincipalPayments"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="loc_glbsDisclosureOfLongTermDebtAnnualPrincipalPayments" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPaymentTables" xlink:title="00000038 - Disclosure - Share Based Payment (Tables)">
    <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="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfShareBasedPayment" xlink:label="loc_glbsDisclosureOfShareBasedPayment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="loc_glbsDisclosureOfShareBasedPayment" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables" xlink:title="00000039 - Disclosure - Voyage Expenses and Vessel Operating Expenses (Tables)">
    <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_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfVoyageExpenses" xlink:label="loc_glbsDisclosureOfVoyageExpenses"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_glbsDisclosureOfVoyageExpenses" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfVesselOperatingExpenses" xlink:label="loc_glbsDisclosureOfVesselOperatingExpenses"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_glbsDisclosureOfVesselOperatingExpenses" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpensesTables" xlink:title="00000040 - Disclosure - Administrative Expenses (Tables)">
    <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_SellingGeneralAndAdministrativeExpenseAbstract" xlink:label="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfAdministrativeExpenses" xlink:label="loc_glbsDisclosureOfAdministrativeExpenses"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_glbsDisclosureOfAdministrativeExpenses" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables" xlink:title="00000041 - Disclosure - Interest Expense and Finance Costs (Tables)">
    <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_InterestCostsAbstract" xlink:label="loc_ifrs-fullInterestCostsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" xlink:label="loc_glbsDisclosureOfInterestExpenseAndFinanceCostsExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_glbsDisclosureOfInterestExpenseAndFinanceCostsExplanatory" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CommitmentsTables" xlink:title="00000042 - Disclosure - Commitments (Tables)">
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:label="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" xlink:label="loc_glbsDisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:to="loc_glbsDisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables" xlink:title="00000043 - Disclosure - Financial risk management objectives and policies (Tables)">
    <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_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfInterestRateRiskExplanatory" xlink:label="loc_glbsDisclosureOfInterestRateRiskExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_glbsDisclosureOfInterestRateRiskExplanatory" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfForeignCurrencyRiskExplanatory" xlink:label="loc_glbsDisclosureOfForeignCurrencyRiskExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_glbsDisclosureOfForeignCurrencyRiskExplanatory" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" xlink:label="loc_glbsDisclosureOfConcentrationOfCreditRiskExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_glbsDisclosureOfConcentrationOfCreditRiskExplanatory" order="20.0"/>
    <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_DescriptionOfManagingLiquidityRisk" xlink:label="loc_ifrs-fullDescriptionOfManagingLiquidityRisk"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDescriptionOfManagingLiquidityRisk" order="30.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValuesTables" xlink:title="00000044 - Disclosure - Fair values (Tables)">
    <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_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFairValuesExplanatory" xlink:label="loc_glbsDisclosureOfFairValuesExplanatory"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:to="loc_glbsDisclosureOfFairValuesExplanatory" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" xlink:label="loc_glbsDisclosureOfValuationTechniquesAndSignificantUnobservableInputs"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:to="loc_glbsDisclosureOfValuationTechniquesAndSignificantUnobservableInputs" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails" xlink:title="00000045 - Disclosure - Basis of presentation and general information (Details)">
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract"/>
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesTable" order="100.0"/>
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" order="200.0"/>
    <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="loc_ifrs-fullCountryOfIncorporationOrResidenceOfSubsidiary"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="loc_ifrs-fullCountryOfIncorporationOrResidenceOfSubsidiary" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselDeliveryDate" xlink:label="loc_glbsVesselDeliveryDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="loc_glbsVesselDeliveryDate" order="10.0"/>
    <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="loc_ifrs-fullNameOfSubsidiary"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="loc_ifrs-fullNameOfSubsidiary" order="20.0"/>
    <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="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" order="10.0"/>
    <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_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GlobusShipmanagementCorpMember" xlink:label="loc_glbsGlobusShipmanagementCorpMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsGlobusShipmanagementCorpMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DevoceanMaritimeLtdMember" xlink:label="loc_glbsDevoceanMaritimeLtdMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDevoceanMaritimeLtdMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DominaMaritimeLtdMember" xlink:label="loc_glbsDominaMaritimeLtdMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDominaMaritimeLtdMember" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DulacMaritimeSAMember" xlink:label="loc_glbsDulacMaritimeSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDulacMaritimeSAMember" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ArtfulShipholdingSAMember" xlink:label="loc_glbsArtfulShipholdingSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsArtfulShipholdingSAMember" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongevityMaritimeLimitedMember" xlink:label="loc_glbsLongevityMaritimeLimitedMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsLongevityMaritimeLimitedMember" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SerenaMaritimeLimitedMember" xlink:label="loc_glbsSerenaMaritimeLimitedMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsSerenaMaritimeLimitedMember" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TalismanMaritimeLimitedMember" xlink:label="loc_glbsTalismanMaritimeLimitedMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsTalismanMaritimeLimitedMember" order="80.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ArgoMaritimeLimitedMember" xlink:label="loc_glbsArgoMaritimeLimitedMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsArgoMaritimeLimitedMember" order="90.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CalypsoShipholdingSAMember" xlink:label="loc_glbsCalypsoShipholdingSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsCalypsoShipholdingSAMember" order="100.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DaxosMaritimeLimitedMember" xlink:label="loc_glbsDaxosMaritimeLimitedMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsDaxosMaritimeLimitedMember" order="110.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OlympiaShipholdingSAMember" xlink:label="loc_glbsOlympiaShipholdingSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsOlympiaShipholdingSAMember" order="120.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ParalusShipholdingSAMember" xlink:label="loc_glbsParalusShipholdingSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsParalusShipholdingSAMember" order="130.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SalaminiaMaritimeLimitedMember" xlink:label="loc_glbsSalaminiaMaritimeLimitedMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_glbsSalaminiaMaritimeLimitedMember" order="140.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative" xlink:title="00000046 - Disclosure - Basis of presentation and general information (Details Narrative)">
    <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="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract"/>
    <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_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:label="loc_ifrs-fullNameOfReportingEntityOrOtherMeansOfIdentification"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="loc_ifrs-fullNameOfReportingEntityOrOtherMeansOfIdentification" order="0.0"/>
    <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="loc_ifrs-fullDomicileOfEntity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="loc_ifrs-fullDomicileOfEntity" order="10.0"/>
    <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="loc_ifrs-fullDescriptionOfNatureOfEntitysOperationsAndPrincipalActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="loc_ifrs-fullDescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" order="20.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative" xlink:title="00000047 - Disclosure - Basis of Preparation and Significant Accounting Policies (Details Narrative)">
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTMember" xlink:label="loc_glbsCiTMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsCiTMember" order="80.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember" order="90.0"/>
    <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="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract"/>
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="100.0"/>
    <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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:label="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" order="200.0"/>
    <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="loc_ifrs-fullCurrentAssetsLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullCurrentAssetsLiabilities" order="0.0"/>
    <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="loc_ifrs-fullAdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullAdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAccountingStandard" xlink:label="loc_deiEntityAccountingStandard"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_deiEntityAccountingStandard" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AllowanceForDoubtfulTradeReceivables" xlink:label="loc_glbsAllowanceForDoubtfulTradeReceivables"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsAllowanceForDoubtfulTradeReceivables" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IntervalBetweenVesselDrydockingSpecialSurvey" xlink:label="loc_glbsIntervalBetweenVesselDrydockingSpecialSurvey"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsIntervalBetweenVesselDrydockingSpecialSurvey" order="40.0"/>
    <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_DepreciationMethodPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDepreciationMethodPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDepreciationMethodPropertyPlantAndEquipment" order="50.0"/>
    <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_DescriptionOfUsefulLifePropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDescriptionOfUsefulLifePropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDescriptionOfUsefulLifePropertyPlantAndEquipment" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsScrapRatePerTon" xlink:label="loc_glbsVesselsScrapRatePerTon"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsVesselsScrapRatePerTon" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:label="loc_glbsExtraDepreciationPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsExtraDepreciationPropertyPlantAndEquipment" order="80.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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_BorrowingCostsCapitalised" xlink:label="loc_ifrs-fullBorrowingCostsCapitalised"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullBorrowingCostsCapitalised" order="90.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfOperatingSegments" xlink:label="loc_glbsNumberOfOperatingSegments"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsNumberOfOperatingSegments" order="100.0"/>
    <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_DescriptionOfNatureOfBenefitsProvidedByPlan" xlink:label="loc_ifrs-fullDescriptionOfNatureOfBenefitsProvidedByPlan"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfBenefitsProvidedByPlan" order="110.0"/>
    <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_LiabilityAssetOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans" order="120.0"/>
    <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="loc_ifrs-fullRightofuseAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullRightofuseAssets" order="130.0"/>
    <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="loc_ifrs-fullLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities" order="140.0"/>
    <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_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:label="loc_ifrs-fullWeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullWeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" order="150.0"/>
    <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="loc_ifrs-fullDepreciationRightofuseAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets" order="160.0"/>
    <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="loc_ifrs-fullInterestExpenseOnLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities" order="170.0"/>
    <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_DirectOperatingExpenseFromInvestmentProperty" xlink:label="loc_ifrs-fullDirectOperatingExpenseFromInvestmentProperty"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_ifrs-fullDirectOperatingExpenseFromInvestmentProperty" order="180.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseAndNonleaseComponents" xlink:label="loc_glbsLeaseAndNonleaseComponents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="loc_glbsLeaseAndNonleaseComponents" order="190.0"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DeferredDryDockingCostsMember" xlink:label="loc_glbsDeferredDryDockingCostsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsDeferredDryDockingCostsMember" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsMember" xlink:label="loc_glbsVesselsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsVesselsMember" order="50.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="20.0"/>
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="30.0"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CyberonicaSAMember" xlink:label="loc_glbsCyberonicaSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsCyberonicaSAMember" order="110.0"/>
    <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_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="40.0"/>
    <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_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office350SquareMetersMember" xlink:label="loc_glbsOffice350SquareMetersMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_glbsOffice350SquareMetersMember" order="110.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails" xlink:title="00000048 - Disclosure - Cash and cash equivalents and Restricted cash (Details)">
    <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="loc_ifrs-fullCashAndCashEquivalentsAbstract"/>
    <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="loc_ifrs-fullCashOnHand"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullCashOnHand" order="0.0"/>
    <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="loc_ifrs-fullBalancesWithBanks"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullBalancesWithBanks" order="10.0"/>
    <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="loc_ifrs-fullCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative" xlink:title="00000049 - Disclosure - Cash and cash equivalents and Restricted cash (Details Narrative)">
    <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="loc_ifrs-fullStatementOfChangesInEquityLineItems"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_glbsCashAndCashEquivalentsFairValueDisclosure"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_glbsCashAndCashEquivalentsFairValueDisclosure" order="0.0"/>
    <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="loc_ifrs-fullUndrawnBorrowingFacilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullUndrawnBorrowingFacilities" order="10.0"/>
    <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="loc_ifrs-fullRestrictedCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullRestrictedCashAndCashEquivalents" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_glbsRestrictedCashAndCashEquivalentsFairValueDisclosure"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_glbsRestrictedCashAndCashEquivalentsFairValueDisclosure" order="30.0"/>
    <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="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullNoncurrentRestrictedCashAndCashEquivalents" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullCurrentRestrictedCashAndCashEquivalents" order="50.0"/>
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsFirmentShippingIncMember" order="30.0"/>
    <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="loc_ifrs-fullCashAndCashEquivalentsAbstract"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="100.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullStatementOfChangesInEquityLineItems" order="200.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails" xlink:title="00000050 - Disclosure - Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="loc_glbsNonExecutiveDirectorsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsNonExecutiveDirectorsMember" order="10.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <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_DirectorsRemunerationExpense" xlink:label="loc_ifrs-fullDirectorsRemunerationExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDirectorsRemunerationExpense" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DirectorsCompensationSharebasedPayment" xlink:label="loc_glbsDirectorsCompensationSharebasedPayment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDirectorsCompensationSharebasedPayment" order="10.0"/>
    <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_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensation" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="100.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" order="200.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails" xlink:title="00000051 - Disclosure - Transactions with Related Parties - Compensation to the Company's Executive Director (Details)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExecutiveDirectorMember" xlink:label="loc_glbsExecutiveDirectorMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsExecutiveDirectorMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IfrsStatementLineItems" xlink:label="loc_glbsIfrsStatementLineItems"/>
    <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_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits" order="0.0"/>
    <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_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensation" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="100.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="10.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_glbsIfrsStatementLineItems" order="200.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative" xlink:title="00000052 - Disclosure - Transactions with Related Parties (Details Narrative)">
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreferredSharesMember" xlink:label="loc_glbsPreferredSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPreferredSharesMember" order="190.0"/>
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="loc_glbsNonExecutiveDirectorsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsNonExecutiveDirectorsMember" order="430.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ExecutiveDirectorMember" xlink:label="loc_glbsExecutiveDirectorMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsExecutiveDirectorMember" order="450.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:label="loc_glbsAffiliatedCompanyOfCompanysCEOMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsAffiliatedCompanyOfCompanysCEOMember" order="110.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ChairmanOfTheBoardOfDirectorsMember" xlink:label="loc_glbsChairmanOfTheBoardOfDirectorsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsChairmanOfTheBoardOfDirectorsMember" order="270.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsFirmentShippingIncMember" order="290.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EolosShipmanagementMember" xlink:label="loc_glbsEolosShipmanagementMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsEolosShipmanagementMember" order="420.0"/>
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmendedAndRestatedAgreementMember" xlink:label="loc_glbsAmendedAndRestatedAgreementMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsAmendedAndRestatedAgreementMember" order="370.0"/>
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CyberonicaSAMember" xlink:label="loc_glbsCyberonicaSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsCyberonicaSAMember" order="10.0"/>
    <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_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis"/>
    <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_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office350SquareMetersMember" xlink:label="loc_glbsOffice350SquareMetersMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_glbsOffice350SquareMetersMember" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Office552SquareMetersMember" xlink:label="loc_glbsOffice552SquareMetersMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_glbsOffice552SquareMetersMember" order="70.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="50.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" order="200.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MonthlyRentalExpense" xlink:label="loc_glbsMonthlyRentalExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsMonthlyRentalExpense" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseExpirationDate" xlink:label="loc_glbsLeaseExpirationDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLeaseExpirationDate" order="10.0"/>
    <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_LeasesAsLesseeRelatedPartyTransactions" xlink:label="loc_ifrs-fullLeasesAsLesseeRelatedPartyTransactions"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullLeasesAsLesseeRelatedPartyTransactions" order="20.0"/>
    <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="loc_ifrs-fullLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CreditAdjustmentOfFinanceCost" xlink:label="loc_glbsCreditAdjustmentOfFinanceCost"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsCreditAdjustmentOfFinanceCost" order="40.0"/>
    <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="loc_ifrs-fullDepreciationRightofuseAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets" order="50.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullInterestExpenseOnLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" xlink:label="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConsultingFeesExpense" xlink:label="loc_glbsConsultingFeesExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsConsultingFeesExpense" order="80.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AgreedAmountOfOneTimeCashBonus" xlink:label="loc_glbsAgreedAmountOfOneTimeCashBonus"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsAgreedAmountOfOneTimeCashBonus" order="90.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OneTimeCashBonusPayment" xlink:label="loc_glbsOneTimeCashBonusPayment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsOneTimeCashBonusPayment" order="100.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_RemainingOfOneTimeCashBonusPayment" xlink:label="loc_glbsRemainingOfOneTimeCashBonusPayment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsRemainingOfOneTimeCashBonusPayment" order="110.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding" order="120.0"/>
    <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="loc_ifrs-fullParValuePerShare"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullParValuePerShare" order="130.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfPreferredShares" xlink:label="loc_glbsIssueOfPreferredShares"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsIssueOfPreferredShares" order="140.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VotingRights" xlink:label="loc_glbsVotingRights"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsVotingRights" order="150.0"/>
    <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="loc_ifrs-fullSharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullSharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" order="160.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:label="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty" order="170.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity" order="180.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfBorrowingsScope" xlink:label="loc_glbsDescriptionOfBorrowingsScope"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDescriptionOfBorrowingsScope" order="190.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CreditFacilityCollateraDescription" xlink:label="loc_glbsCreditFacilityCollateraDescription"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsCreditFacilityCollateraDescription" order="200.0"/>
    <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="loc_ifrs-fullBorrowingsMaturity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity" order="210.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:label="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples" order="220.0"/>
    <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_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate" order="230.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsDefaultInterestRate" xlink:label="loc_glbsBorrowingsDefaultInterestRate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsBorrowingsDefaultInterestRate" order="240.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConversionPriceDescription" xlink:label="loc_glbsDebtInstrumentConversionPriceDescription"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDebtInstrumentConversionPriceDescription" order="250.0"/>
    <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="loc_ifrs-fullBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowings" order="260.0"/>
    <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_InterestPayable" xlink:label="loc_ifrs-fullInterestPayable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestPayable" order="270.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="loc_glbsDebtInstrumentConvertibleConversionPrice"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionPrice" order="280.0"/>
    <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="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives" order="290.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullUndrawnBorrowingFacilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullUndrawnBorrowingFacilities" order="300.0"/>
    <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="loc_ifrs-fullRepaymentsOfCurrentBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullRepaymentsOfCurrentBorrowings" order="310.0"/>
    <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_InterestExpense" xlink:label="loc_ifrs-fullInterestExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestExpense" order="320.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccruedDirectorsCompensation" xlink:label="loc_glbsAccruedDirectorsCompensation"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsAccruedDirectorsCompensation" order="330.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="10.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="20.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="30.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="40.0"/>
    <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="loc_ifrs-fullRangeAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullRangeAxis" order="60.0"/>
    <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_RangesMember" xlink:label="loc_ifrs-fullRangesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_MinimumMember" xlink:label="loc_srtMinimumMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_srtMinimumMember" order="410.0"/>
    <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_CapitalRequirementsAxis" xlink:label="loc_ifrs-fullCapitalRequirementsAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCapitalRequirementsAxis" order="70.0"/>
    <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_CapitalRequirementsMember" xlink:label="loc_ifrs-fullCapitalRequirementsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCapitalRequirementsAxis" xlink:to="loc_ifrs-fullCapitalRequirementsMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DailyRateMember" xlink:label="loc_glbsDailyRateMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCapitalRequirementsMember" xlink:to="loc_glbsDailyRateMember" order="420.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:title="00000053 - Disclosure - Vessels, net - Consolidated Statement of Financial Position (Details)">
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselsMember" xlink:label="loc_glbsVesselsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsVesselsMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryDockingMember" xlink:label="loc_glbsDryDockingMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsDryDockingMember" order="30.0"/>
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" order="200.0"/>
    <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="loc_ifrs-fullShips"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullShips" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <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="loc_ifrs-fullShips_2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullShips_2" order="50.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:label="loc_glbsAccumulatedDepreciationPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsAccumulatedDepreciationPropertyPlantAndEquipment" order="10.0" preferredLabel="http://www.xbrl.org/2009/role/negatedPeriodStartLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:label="loc_glbsAccumulatedDepreciationPropertyPlantAndEquipment_2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsAccumulatedDepreciationPropertyPlantAndEquipment_2" order="60.0" preferredLabel="http://www.xbrl.org/2009/role/negatedPeriodEndLabel"/>
    <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="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" order="20.0"/>
    <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="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" order="30.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullDepreciationAndAmortisationExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDepreciationAndAmortisationExpense" order="40.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" order="20.0"/>
    <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_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" order="0.0"/>
    <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="loc_ifrs-fullGrossCarryingAmountMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember" order="10.0"/>
    <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="loc_ifrs-fullAccumulatedDepreciationAmortisationAndImpairmentMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAmortisationAndImpairmentMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CarryingAmountIMember" xlink:label="loc_glbsCarryingAmountIMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_glbsCarryingAmountIMember" order="50.0"/>
    <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_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails" xlink:title="00000054 - Disclosure - Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)">
    <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_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <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_DepreciationPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDepreciationPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDepreciationPropertyPlantAndEquipment" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DepreciationOfficeFurnitureAndEquipment" xlink:label="loc_glbsDepreciationOfficeFurnitureAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_glbsDepreciationOfficeFurnitureAndEquipment" order="10.0"/>
    <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="loc_ifrs-fullDepreciationRightofuseAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <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="loc_ifrs-fullDepreciationExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDepreciationExpense" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails" xlink:title="00000055 - Disclosure - Vessels, net - Impairment loss (Details)">
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVRiverGlobeMember" xlink:label="loc_glbsMVRiverGlobeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVRiverGlobeMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVSkyGlobeMember" xlink:label="loc_glbsMVSkyGlobeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVSkyGlobeMember" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVStarGlobeMember" xlink:label="loc_glbsMVStarGlobeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVStarGlobeMember" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVSunGlobeMember" xlink:label="loc_glbsMVSunGlobeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVSunGlobeMember" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MVMoonGlobeMember" xlink:label="loc_glbsMVMoonGlobeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsMVMoonGlobeMember" order="90.0"/>
    <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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:label="loc_ifrs-fullDisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullDisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" order="200.0"/>
    <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="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:to="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" order="0.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <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_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VesselsNetDetailsNarrative" xlink:title="00000056 - Disclosure - Vessels, net (Details Narrative)">
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable"/>
    <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="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10.0"/>
    <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_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GalaxyGlobeMember" xlink:label="loc_glbsGalaxyGlobeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsGalaxyGlobeMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryBulkCarriersMember" xlink:label="loc_glbsDryBulkCarriersMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsDryBulkCarriersMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NordVenusMember" xlink:label="loc_glbsNordVenusMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsNordVenusMember" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_Yangze11Member" xlink:label="loc_glbsYangze11Member"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsYangze11Member" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PeakLibertyMember" xlink:label="loc_glbsPeakLibertyMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsPeakLibertyMember" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SupramaxMember" xlink:label="loc_glbsSupramaxMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsSupramaxMember" order="90.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PanamaxMember" xlink:label="loc_glbsPanamaxMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_glbsPanamaxMember" order="100.0"/>
    <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="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" order="200.0"/>
    <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="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" order="60.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" order="110.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselYearBuilt" xlink:label="loc_glbsVesselYearBuilt"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselYearBuilt" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselType" xlink:label="loc_glbsVesselType"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselType" order="10.0"/>
    <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="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselCapacity" xlink:label="loc_glbsVesselCapacity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselCapacity" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DryDockingCostCapitalised" xlink:label="loc_glbsDryDockingCostCapitalised"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsDryDockingCostCapitalised" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VesselDeliveryDate" xlink:label="loc_glbsVesselDeliveryDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsVesselDeliveryDate" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_WeightedAverageCostOfCapital" xlink:label="loc_glbsWeightedAverageCostOfCapital"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsWeightedAverageCostOfCapital" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_TimePeriodConsidered" xlink:label="loc_glbsTimePeriodConsidered"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsTimePeriodConsidered" order="80.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumptionOfExpectedRatesOfInflation" xlink:label="loc_glbsAssumptionOfExpectedRatesOfInflation"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsAssumptionOfExpectedRatesOfInflation" order="90.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AssumptionOfFleetUtilisationRate" xlink:label="loc_glbsAssumptionOfFleetUtilisationRate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_glbsAssumptionOfFleetUtilisationRate" order="100.0"/>
    <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_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InventoriesDetails" xlink:title="00000057 - Disclosure - Inventories (Details)">
    <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_ClassesOfInventoriesAbstract" xlink:label="loc_ifrs-fullClassesOfInventoriesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LubricantsInventoryCurrent" xlink:label="loc_glbsLubricantsInventoryCurrent"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfInventoriesAbstract" xlink:to="loc_glbsLubricantsInventoryCurrent" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_GasCylindersInventoryCurrent" xlink:label="loc_glbsGasCylindersInventoryCurrent"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfInventoriesAbstract" xlink:to="loc_glbsGasCylindersInventoryCurrent" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BunkerInventoryCurrent" xlink:label="loc_glbsBunkerInventoryCurrent"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfInventoriesAbstract" xlink:to="loc_glbsBunkerInventoryCurrent" order="20.0"/>
    <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="loc_ifrs-fullInventories"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfInventoriesAbstract" xlink:to="loc_ifrs-fullInventories" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative" xlink:title="00000058 - Disclosure - Trade accounts payable (Details Narrative)">
    <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_TradeAndOtherPayablesAbstract" xlink:label="loc_ifrs-fullTradeAndOtherPayablesAbstract"/>
    <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="loc_ifrs-fullTradeAndOtherCurrentPayables"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherPayablesAbstract" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayables" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails" xlink:title="00000059 - Disclosure -  Accrued liabilities and other payables (Details)">
    <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_MiscellaneousCurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract"/>
    <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_CurrentInterestPayable" xlink:label="loc_ifrs-fullCurrentInterestPayable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentInterestPayable" order="0.0"/>
    <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_CurrentDebtInstrumentsIssued" xlink:label="loc_ifrs-fullCurrentDebtInstrumentsIssued"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentDebtInstrumentsIssued" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AccruedAuditFeesCurrent" xlink:label="loc_glbsAccruedAuditFeesCurrent"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_glbsAccruedAuditFeesCurrent" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherAccruals" xlink:label="loc_glbsOtherAccruals"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_glbsOtherAccruals" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentInsuranceDeductibles" xlink:label="loc_glbsCurrentInsuranceDeductibles"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_glbsCurrentInsuranceDeductibles" order="40.0"/>
    <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_OtherCurrentPayables" xlink:label="loc_ifrs-fullOtherCurrentPayables"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullOtherCurrentPayables" order="50.0"/>
    <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="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities" order="60.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails" xlink:title="00000060 - Disclosure - Share Capital and Share Premium - Authorised share capital (Details)">
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <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="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" order="200.0"/>
    <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="loc_ifrs-fullNumberOfSharesAuthorised"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesAuthorised" order="0.0"/>
    <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="loc_ifrs-fullParValuePerShare"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullParValuePerShare" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ValueOfSharesAuthorised" xlink:label="loc_glbsValueOfSharesAuthorised"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsValueOfSharesAuthorised" order="20.0"/>
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="10.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreferredSharesMember" xlink:label="loc_glbsPreferredSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPreferredSharesMember" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CommonSharesMember" xlink:label="loc_glbsCommonSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsCommonSharesMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBCommonSharesMember" xlink:label="loc_glbsClassBCommonSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassBCommonSharesMember" order="40.0"/>
    <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_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails" xlink:title="00000061 - Disclosure - Share Capital and Share Premium - Common Shares issued and fully paid (Details)">
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <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="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" order="200.0"/>
    <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="loc_ifrs-fullNumberOfSharesIssuedAndFullyPaid"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssuedAndFullyPaid" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <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="loc_ifrs-fullNumberOfSharesIssuedAndFullyPaid_2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssuedAndFullyPaid_2" order="90.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
    <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="loc_ifrs-fullIssuedCapital"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIssuedCapital" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <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="loc_ifrs-fullIssuedCapital_2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIssuedCapital_2" order="100.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" order="40.0"/>
    <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="loc_ifrs-fullIssueOfEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIssueOfEquity" order="50.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" order="70.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughExerciseOfWarrantsEquity" order="80.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="10.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="0.0"/>
    <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="loc_ifrs-fullOrdinarySharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullOrdinarySharesMember" order="10.0"/>
    <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="loc_ifrs-fullIssuedCapitalMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullIssuedCapitalMember" order="20.0"/>
    <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_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative" xlink:title="00000062 - Disclosure - Share Capital and Share Premium (Details Narrative)">
    <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="loc_ifrs-fullStatementOfChangesInEquityTable"/>
    <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="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" order="200.0"/>
    <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="loc_ifrs-fullParValuePerShare"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullParValuePerShare" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:label="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" order="130.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_VotingRights" xlink:label="loc_glbsVotingRights"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsVotingRights" order="0.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding" order="10.0"/>
    <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="loc_ifrs-fullNumberOfSharesOutstanding"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesOutstanding" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IssueOfPreferredShares" xlink:label="loc_glbsIssueOfPreferredShares"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsIssueOfPreferredShares" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullBorrowings" order="50.0"/>
    <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_InterestPayable" xlink:label="loc_ifrs-fullInterestPayable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullInterestPayable" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="loc_glbsDebtInstrumentConvertibleConversionPrice"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionPrice" order="70.0"/>
    <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_NumberOfSharesIssued" xlink:label="loc_ifrs-fullNumberOfSharesIssued"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssued" order="80.0"/>
    <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="loc_ifrs-fullExercisePriceOfOutstandingShareOptions2019"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullExercisePriceOfOutstandingShareOptions2019" order="90.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfSharesCalledByWarrants" xlink:label="loc_glbsNumberOfSharesCalledByWarrants"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsNumberOfSharesCalledByWarrants" order="100.0"/>
    <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_DescriptionOfOptionLifeShareOptionsGranted" xlink:label="loc_ifrs-fullDescriptionOfOptionLifeShareOptionsGranted"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullDescriptionOfOptionLifeShareOptionsGranted" order="110.0"/>
    <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_ProceedsFromExerciseOfOptions" xlink:label="loc_ifrs-fullProceedsFromExerciseOfOptions"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullProceedsFromExerciseOfOptions" order="120.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProceedsFromWarrantExercises" xlink:label="loc_glbsProceedsFromWarrantExercises"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsProceedsFromWarrantExercises" order="140.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfWarrantsOutstanding" xlink:label="loc_glbsNumberOfWarrantsOutstanding"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsNumberOfWarrantsOutstanding" order="150.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PurchasePriceOfOutstandingWarrants" xlink:label="loc_glbsPurchasePriceOfOutstandingWarrants"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_glbsPurchasePriceOfOutstandingWarrants" order="160.0"/>
    <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="loc_ifrs-fullProceedsFromIssuingShares"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullProceedsFromIssuingShares" order="170.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullShareIssueRelatedCost"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullShareIssueRelatedCost" order="180.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullSharePremium"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullSharePremium" order="190.0"/>
    <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="loc_ifrs-fullClassesOfShareCapitalAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="10.0"/>
    <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_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CommonSharesMember" xlink:label="loc_glbsCommonSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsCommonSharesMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBCommonSharesMember" xlink:label="loc_glbsClassBCommonSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassBCommonSharesMember" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassBPreferredSharesMember" xlink:label="loc_glbsClassBPreferredSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassBPreferredSharesMember" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ClassAWarrantsMember" xlink:label="loc_glbsClassAWarrantsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsClassAWarrantsMember" order="230.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PPWarrantsMember" xlink:label="loc_glbsPPWarrantsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPPWarrantsMember" order="270.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PreFundedWarrantsMember" xlink:label="loc_glbsPreFundedWarrantsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsPreFundedWarrantsMember" order="360.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecemberWarrantsMember" xlink:label="loc_glbsDecemberWarrantsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsDecemberWarrantsMember" order="370.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_January2021WarrantsMember" xlink:label="loc_glbsJanuary2021WarrantsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsJanuary2021WarrantsMember" order="480.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_February2021WarrantsMember" xlink:label="loc_glbsFebruary2021WarrantsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsFebruary2021WarrantsMember" order="540.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_June2021WarrantsMember" xlink:label="loc_glbsJune2021WarrantsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_glbsJune2021WarrantsMember" order="600.0"/>
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="20.0"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:label="loc_glbsAffiliatedCompanyOfCompanysCEOMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsAffiliatedCompanyOfCompanysCEOMember" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsFirmentShippingIncMember" order="120.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MaximGroupLLCMember" xlink:label="loc_glbsMaximGroupLLCMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsMaximGroupLLCMember" order="190.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_InstitutionalInvestorsMember" xlink:label="loc_glbsInstitutionalInvestorsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsInstitutionalInvestorsMember" order="340.0"/>
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="30.0"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConvertibleNoteMember" xlink:label="loc_glbsConvertibleNoteMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsConvertibleNoteMember" order="140.0"/>
    <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="loc_ifrs-fullMaturityAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullMaturityAxis" order="40.0"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FortyFiveDayOptionMember" xlink:label="loc_glbsFortyFiveDayOptionMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsFortyFiveDayOptionMember" order="190.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RangeAxis" xlink:label="loc_srtRangeAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_srtRangeAxis" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RangeMember" xlink:label="loc_srtRangeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeAxis" xlink:to="loc_srtRangeMember" order="0.0"/>
    <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_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeMember" xlink:to="loc_ifrs-fullTopOfRangeMember" order="290.0"/>
    <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="loc_ifrs-fullBottomOfRangeMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeMember" xlink:to="loc_ifrs-fullBottomOfRangeMember" order="300.0"/>
    <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_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/EarningslossPerShareDetails" xlink:title="00000063 - Disclosure - Earnings/(Loss) per Share (Details)">
    <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="loc_ifrs-fullEarningsPerShareAbstract"/>
    <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="loc_ifrs-fullProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareAbstract" xlink:to="loc_ifrs-fullProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" order="0.0"/>
    <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="loc_ifrs-fullWeightedAverageShares"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareAbstract" xlink:to="loc_ifrs-fullWeightedAverageShares" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BasicAndDilutedEarningsLossPerShare" xlink:label="loc_glbsBasicAndDilutedEarningsLossPerShare"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareAbstract" xlink:to="loc_glbsBasicAndDilutedEarningsLossPerShare" order="20.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails" xlink:title="00000064 - Disclosure -  Long-Term Debt, net - Consolidated statement of financial position (Details)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" xlink:label="loc_glbsDevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsDevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" order="10.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsGross" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentUnamortisedDiscount" xlink:label="loc_glbsDebtInstrumentUnamortisedDiscount"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentUnamortisedDiscount" order="10.0"/>
    <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="loc_ifrs-fullBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowings" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:label="loc_glbsCurrentPortionOfLongTermBorrowingsGross"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsCurrentPortionOfLongTermBorrowingsGross" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:label="loc_glbsCurrentPortionOfDebtInstrumentUnamortisedDiscount"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsCurrentPortionOfDebtInstrumentUnamortisedDiscount" order="40.0"/>
    <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="loc_ifrs-fullCurrentPortionOfLongtermBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullCurrentPortionOfLongtermBorrowings" order="50.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongTermBorrowingsGross" xlink:label="loc_glbsLongTermBorrowingsGross"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLongTermBorrowingsGross" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:label="loc_glbsLongTermDebtInstrumentUnamortisedDiscount"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLongTermDebtInstrumentUnamortisedDiscount" order="70.0"/>
    <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="loc_ifrs-fullLongtermBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullLongtermBorrowings" order="80.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="10.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" order="200.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails" xlink:title="00000065 - Disclosure -  Long-Term Debt, net - Annual loan principal payments (Details)">
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTMember" xlink:label="loc_glbsCiTMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsCiTMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember" order="70.0"/>
    <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="loc_ifrs-fullMaturityAxis"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0.0"/>
    <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="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember" order="10.0"/>
    <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_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember" order="20.0"/>
    <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_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember" order="30.0"/>
    <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_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember" order="40.0"/>
    <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_LaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFiveYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFiveYearsMember" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" xlink:label="loc_glbsLaterThanTwoYearAndNotLaterThanThreeYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsLaterThanTwoYearAndNotLaterThanThreeYearsMember" order="80.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_LaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanThreeYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeYearsMember" order="90.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsGross" order="0.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract"/>
    <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="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" order="100.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" order="200.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullMaturityAxis" order="10.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="20.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative" xlink:title="00000066 - Disclosure - Long-Term Debt, net (Details Narrative)">
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FirmentShippingIncMember" xlink:label="loc_glbsFirmentShippingIncMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsFirmentShippingIncMember" order="40.0"/>
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmendedAndRestatedAgreementMember" xlink:label="loc_glbsAmendedAndRestatedAgreementMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsAmendedAndRestatedAgreementMember" order="100.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConvertibleNoteMember" xlink:label="loc_glbsConvertibleNoteMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsConvertibleNoteMember" order="130.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CiTLoanFacilityMember" xlink:label="loc_glbsCiTLoanFacilityMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsCiTLoanFacilityMember" order="190.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="10.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="20.0"/>
    <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="loc_ifrs-fullRangeAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullRangeAxis" order="30.0"/>
    <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_RangesMember" xlink:label="loc_ifrs-fullRangesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_MinimumMember" xlink:label="loc_srtMinimumMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_srtMinimumMember" order="120.0"/>
    <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_WeightedAverageMember" xlink:label="loc_ifrs-fullWeightedAverageMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullWeightedAverageMember" order="240.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" order="200.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsGross" order="230.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowings" order="100.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLineOfCreditFacilityMaximumBorrowingCapacity" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DescriptionOfBorrowingsScope" xlink:label="loc_glbsDescriptionOfBorrowingsScope"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDescriptionOfBorrowingsScope" order="10.0"/>
    <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="loc_ifrs-fullBorrowingsInterestRateBasis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRateBasis" order="20.0"/>
    <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="loc_ifrs-fullBorrowingsAdjustmentToInterestRateBasis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsAdjustmentToInterestRateBasis" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsDefaultInterestRate" xlink:label="loc_glbsBorrowingsDefaultInterestRate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsDefaultInterestRate" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentPrepaymentAmount" xlink:label="loc_glbsDebtInstrumentPrepaymentAmount"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentPrepaymentAmount" order="50.0"/>
    <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="loc_ifrs-fullBorrowingsMaturity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity" order="60.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:label="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLineOfCreditFacilityDrawndownAmountsMultiples" order="70.0"/>
    <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_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate" order="80.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionMultiplier" xlink:label="loc_glbsDebtInstrumentConvertibleConversionMultiplier"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionMultiplier" order="90.0"/>
    <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_InterestPayable" xlink:label="loc_ifrs-fullInterestPayable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullInterestPayable" order="110.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="loc_glbsDebtInstrumentConvertibleConversionPrice"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentConvertibleConversionPrice" order="120.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfSharesOutstanding" order="130.0"/>
    <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="loc_ifrs-fullParValuePerShare"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullParValuePerShare" order="140.0"/>
    <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="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives" order="150.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullRepaymentsOfCurrentBorrowings"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullRepaymentsOfCurrentBorrowings" order="160.0"/>
    <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="loc_ifrs-fullUndrawnBorrowingFacilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullUndrawnBorrowingFacilities" order="170.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:label="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsProportionOfOwnershipInterestsHeldByControllingParty" order="180.0"/>
    <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_DebtSecurities" xlink:label="loc_ifrs-fullDebtSecurities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullDebtSecurities" order="190.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_glbsDebtInstrumentInterestRateStatedPercentage"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentInterestRateStatedPercentage" order="200.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" xlink:label="loc_glbsLineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsLineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" order="210.0"/>
    <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="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities" order="220.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities" order="240.0"/>
    <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_NumberOfSharesIssued" xlink:label="loc_ifrs-fullNumberOfSharesIssued"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssued" order="250.0"/>
    <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="loc_ifrs-fullRepaymentsOfBondsNotesAndDebentures"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_ifrs-fullRepaymentsOfBondsNotesAndDebentures" order="260.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentageOfCoverageOfBorrowingCapacity" xlink:label="loc_glbsPercentageOfCoverageOfBorrowingCapacity"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsPercentageOfCoverageOfBorrowingCapacity" order="270.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PercentageOfUpfrontFeeInLoanAgreement" xlink:label="loc_glbsPercentageOfUpfrontFeeInLoanAgreement"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsPercentageOfUpfrontFeeInLoanAgreement" order="280.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfLoanTranches" xlink:label="loc_glbsNumberOfLoanTranches"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsNumberOfLoanTranches" order="290.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtInstrumentNumberOfRepaymentInstallments" xlink:label="loc_glbsDebtInstrumentNumberOfRepaymentInstallments"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtInstrumentNumberOfRepaymentInstallments" order="300.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsFrequencyOfPeriodicPayment" xlink:label="loc_glbsBorrowingsFrequencyOfPeriodicPayment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsFrequencyOfPeriodicPayment" order="310.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsPeriodicPayment" xlink:label="loc_glbsBorrowingsPeriodicPayment"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsPeriodicPayment" order="320.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:label="loc_glbsBorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsBorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" order="330.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DebtSecuritiesCovenants" xlink:label="loc_glbsDebtSecuritiesCovenants"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="loc_glbsDebtSecuritiesCovenants" order="340.0"/>
    <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="loc_ifrs-fullClassesOfFinancialAssetsAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="40.0"/>
    <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_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SWAPAgreementMember" xlink:label="loc_glbsSWAPAgreementMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_glbsSWAPAgreementMember" order="210.0"/>
    <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_CategoriesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullCategoriesOfFinancialAssetsAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" order="50.0"/>
    <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_FinancialAssetsCategoryMember" xlink:label="loc_ifrs-fullFinancialAssetsCategoryMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsCategoryMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PrepaymentOnOrBeforeMay2022Member" xlink:label="loc_glbsPrepaymentOnOrBeforeMay2022Member"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_glbsPrepaymentOnOrBeforeMay2022Member" order="220.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member" xlink:label="loc_glbsPrepaymentOnOrBeforeMay2023ButAfterMay2022Member"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_glbsPrepaymentOnOrBeforeMay2023ButAfterMay2022Member" order="230.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/ShareBasedPaymentDetails" xlink:title="00000067 - Disclosure -  Share Based Payment (Details)">
    <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="loc_ifrs-fullComponentsOfEquityAxis"/>
    <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_EquityMember" xlink:label="loc_ifrs-fullEquityMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" order="0.0"/>
    <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="loc_ifrs-fullSharePremiumMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullSharePremiumMember" order="20.0"/>
    <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="loc_ifrs-fullOrdinarySharesMember"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NumberOfCommonSharesMember" xlink:label="loc_glbsNumberOfCommonSharesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOrdinarySharesMember" xlink:to="loc_glbsNumberOfCommonSharesMember" order="10.0"/>
    <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="loc_ifrs-fullCategoriesOfRelatedPartiesAxis"/>
    <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_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="loc_glbsNonExecutiveDirectorsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_glbsNonExecutiveDirectorsMember" order="10.0"/>
    <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="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract"/>
    <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="loc_ifrs-fullEarningsPerShareTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="loc_ifrs-fullEarningsPerShareTable" order="100.0"/>
    <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="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareTable" xlink:to="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" order="200.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseInNumberOfOrdinarySharesIssued"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInNumberOfOrdinarySharesIssued" order="0.0"/>
    <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="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughSharebasedPaymentTransactions" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullClassesOfOrdinarySharesAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareTable" xlink:to="loc_ifrs-fullClassesOfOrdinarySharesAxis" order="10.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfOrdinarySharesAxis" xlink:to="loc_ifrs-fullOrdinarySharesMember" order="0.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="20.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="30.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails" xlink:title="00000068 - Disclosure -  Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)">
    <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_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract"/>
    <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_FeeAndCommissionExpense" xlink:label="loc_ifrs-fullFeeAndCommissionExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullFeeAndCommissionExpense" order="0.0"/>
    <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_FuelExpense" xlink:label="loc_ifrs-fullFuelExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullFuelExpense" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherVoyageExpense" xlink:label="loc_glbsOtherVoyageExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_glbsOtherVoyageExpense" order="20.0"/>
    <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="loc_ifrs-fullServicesExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullServicesExpense" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails" xlink:title="00000069 - Disclosure - Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)">
    <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_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract"/>
    <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_WagesAndSalaries" xlink:label="loc_ifrs-fullWagesAndSalaries"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullWagesAndSalaries" order="0.0"/>
    <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_InsuranceExpense" xlink:label="loc_ifrs-fullInsuranceExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullInsuranceExpense" order="10.0"/>
    <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_RepairsAndMaintenanceExpense" xlink:label="loc_ifrs-fullRepairsAndMaintenanceExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullRepairsAndMaintenanceExpense" order="20.0"/>
    <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_RawMaterialsAndConsumablesUsed" xlink:label="loc_ifrs-fullRawMaterialsAndConsumablesUsed"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullRawMaterialsAndConsumablesUsed" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StoresExpense" xlink:label="loc_glbsStoresExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_glbsStoresExpense" order="40.0"/>
    <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_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense" order="50.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OperatingCosts" xlink:label="loc_glbsOperatingCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_glbsOperatingCosts" order="60.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/AdministrativeExpensesDetails" xlink:title="00000070 - Disclosure -  Administrative Expenses (Details)">
    <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_SellingGeneralAndAdministrativeExpenseAbstract" xlink:label="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PersonnelExpense" xlink:label="loc_glbsPersonnelExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_glbsPersonnelExpense" order="0.0"/>
    <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_AuditorsRemuneration" xlink:label="loc_ifrs-fullAuditorsRemuneration"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_ifrs-fullAuditorsRemuneration" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ConsultingFeesExpense" xlink:label="loc_glbsConsultingFeesExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_glbsConsultingFeesExpense" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_CommunicationExpense" xlink:label="loc_ifrs-fullCommunicationExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_ifrs-fullCommunicationExpense" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_StationeryExpense" xlink:label="loc_glbsStationeryExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_glbsStationeryExpense" order="40.0"/>
    <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_TaxExpenseOtherThanIncomeTaxExpense" xlink:label="loc_ifrs-fullTaxExpenseOtherThanIncomeTaxExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_ifrs-fullTaxExpenseOtherThanIncomeTaxExpense" order="50.0"/>
    <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_OtherExpenseByNature" xlink:label="loc_ifrs-fullOtherExpenseByNature"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_ifrs-fullOtherExpenseByNature" order="60.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullAdministrativeExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSellingGeneralAndAdministrativeExpenseAbstract" xlink:to="loc_ifrs-fullAdministrativeExpense" order="70.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails" xlink:title="00000071 - Disclosure -  Interest Expense and Finance Costs (Details)">
    <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_InterestCostsAbstract" xlink:label="loc_ifrs-fullInterestCostsAbstract"/>
    <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_InterestExpense" xlink:label="loc_ifrs-fullInterestExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_ifrs-fullInterestExpense" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_BankAndSimilarCharges" xlink:label="loc_ifrs-fullBankAndSimilarCharges"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_ifrs-fullBankAndSimilarCharges" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_AmortizationOfDebtDiscount" xlink:label="loc_glbsAmortizationOfDebtDiscount"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_glbsAmortizationOfDebtDiscount" order="20.0"/>
    <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="loc_ifrs-fullInterestExpenseOnLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_OtherFinanceCost" xlink:label="loc_ifrs-fullOtherFinanceCost"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_ifrs-fullOtherFinanceCost" order="40.0"/>
    <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="loc_ifrs-fullFinanceCosts"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_ifrs-fullFinanceCosts" order="50.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative" xlink:title="00000072 - Disclosure - Interest Expense and Finance Costs (Details Narrative)">
    <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="loc_ifrs-fullBorrowingsByNameAxis"/>
    <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_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_EnTrustMember" xlink:label="loc_glbsEnTrustMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_glbsEnTrustMember" order="10.0"/>
    <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="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IfrsStatementLineItems" xlink:label="loc_glbsIfrsStatementLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="loc_glbsIfrsStatementLineItems" order="200.0"/>
    <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_OtherFinanceCost" xlink:label="loc_ifrs-fullOtherFinanceCost"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsIfrsStatementLineItems" xlink:to="loc_ifrs-fullOtherFinanceCost" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_InterestCostsAbstract" xlink:label="loc_ifrs-fullInterestCostsAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInterestCostsAbstract" xlink:to="loc_ifrs-fullDisclosureOfDetailedInformationAboutBorrowingsTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/DividendsDetailsNarrative" xlink:title="00000073 - Disclosure - Dividends (Details Narrative)">
    <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_MiscellaneousLiabilitiesAbstract" xlink:label="loc_ifrs-fullMiscellaneousLiabilitiesAbstract"/>
    <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_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullDividendsPaidClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMiscellaneousLiabilitiesAbstract" xlink:to="loc_ifrs-fullDividendsPaidClassifiedAsFinancingActivities" order="0.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails" xlink:title="00000074 - Disclosure -  Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)">
    <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="loc_ifrs-fullMaturityAxis"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0.0"/>
    <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="loc_ifrs-fullNotLaterThanOneYearMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember" order="10.0"/>
    <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="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullMaturityAxis" order="10.0"/>
    <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_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullDisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" order="200.0"/>
    <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="loc_ifrs-fullUndiscountedOperatingLeasePaymentsToBeReceived"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:to="loc_ifrs-fullUndiscountedOperatingLeasePaymentsToBeReceived" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:label="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:to="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/CommitmentsDetailsNarrative" xlink:title="00000075 - Disclosure - Commitments (Details Narrative)">
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_CyberonicaSAMember" xlink:label="loc_glbsCyberonicaSAMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsCyberonicaSAMember" order="10.0"/>
    <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="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MonthlyRentalExpense" xlink:label="loc_glbsMonthlyRentalExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsMonthlyRentalExpense" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LeaseExpirationDate" xlink:label="loc_glbsLeaseExpirationDate"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsLeaseExpirationDate" order="10.0"/>
    <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="loc_ifrs-fullDepreciationRightofuseAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullInterestExpenseOnLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" xlink:label="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_glbsPaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities" order="70.0"/>
    <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="loc_ifrs-fullCurrentLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullNoncurrentLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities" order="50.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullRightofuseAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullRightofuseAssets" order="60.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:label="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract"/>
    <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_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_glbsDisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:to="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" order="100.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" order="200.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/IncomeTaxDetailsNarrative" xlink:title="00000076 - Disclosure - Income Tax (Details Narrative)">
    <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_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:label="loc_ifrs-fullMajorComponentsOfTaxExpenseIncomeAbstract"/>
    <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_TaxExpenseOtherThanIncomeTaxExpense" xlink:label="loc_ifrs-fullTaxExpenseOtherThanIncomeTaxExpense"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="loc_ifrs-fullTaxExpenseOtherThanIncomeTaxExpense" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails" xlink:title="00000077 - Disclosure - Financial risk management objectives and policies - Interest rate risk (Details)">
    <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_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseInInterestRates" xlink:label="loc_glbsIncreaseInInterestRates"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_glbsIncreaseInInterestRates" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:label="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecreaseInInterestRates" xlink:label="loc_glbsDecreaseInInterestRates"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_glbsDecreaseInInterestRates" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:label="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" order="30.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails" xlink:title="00000078 - Disclosure -  Financial risk management objectives and policies - Foreign currency risk (Details)">
    <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_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract"/>
    <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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:label="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" order="100.0"/>
    <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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:label="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" order="200.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_IncreaseInExchangeRates" xlink:label="loc_glbsIncreaseInExchangeRates"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsIncreaseInExchangeRates" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:label="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_DecreaseInExchangeRates" xlink:label="loc_glbsDecreaseInExchangeRates"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsDecreaseInExchangeRates" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:label="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="loc_glbsSensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10.0"/>
    <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_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0.0"/>
    <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_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" order="10.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails" xlink:title="00000079 - Disclosure - Financial risk management objectives and policies - Concentration of credit risk table (Details)">
    <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_CounterpartiesAxis" xlink:label="loc_ifrs-fullCounterpartiesAxis"/>
    <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_CounterpartiesMember" xlink:label="loc_ifrs-fullCounterpartiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesAxis" xlink:to="loc_ifrs-fullCounterpartiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererMember" xlink:label="loc_glbsMajorChartererMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsMajorChartererMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererBMember" xlink:label="loc_glbsMajorChartererBMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsMajorChartererBMember" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MajorChartererCMember" xlink:label="loc_glbsMajorChartererCMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsMajorChartererCMember" order="70.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OtherMajorCharterersMember" xlink:label="loc_glbsOtherMajorCharterersMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCounterpartiesMember" xlink:to="loc_glbsOtherMajorCharterersMember" order="100.0"/>
    <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_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="loc_ifrs-fullCounterpartiesAxis" order="10.0"/>
    <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_DisclosureOfCreditRiskExposureLineItems" xlink:label="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems" order="200.0"/>
    <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="loc_ifrs-fullRevenueFromRenderingOfServices"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems" xlink:to="loc_ifrs-fullRevenueFromRenderingOfServices" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_PercentageOfEntitysRevenue" xlink:label="loc_ifrs-fullPercentageOfEntitysRevenue"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfCreditRiskExposureLineItems" xlink:to="loc_ifrs-fullPercentageOfEntitysRevenue" order="10.0"/>
    <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_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfOffsettingOfFinancialAssetsTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails" xlink:title="00000080 - Disclosure - Financial risk management objectives and policies - Liquidity risk (Details)">
    <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="loc_ifrs-fullMaturityAxis"/>
    <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_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LessThanThreeMonthsMember" xlink:label="loc_glbsLessThanThreeMonthsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsLessThanThreeMonthsMember" order="10.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_ThreeToTwelveMonthsMember" xlink:label="loc_glbsThreeToTwelveMonthsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsThreeToTwelveMonthsMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_OneToFiveYearsMember" xlink:label="loc_glbsOneToFiveYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsOneToFiveYearsMember" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_MoreThanFiveYearsMember" xlink:label="loc_glbsMoreThanFiveYearsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_glbsMoreThanFiveYearsMember" order="40.0"/>
    <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="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullMaturityAxis" order="10.0"/>
    <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_DisclosureOfFinancialLiabilitiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" order="200.0"/>
    <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_NoncurrentFinancialLiabilities" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilities" order="0.0"/>
    <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="loc_ifrs-fullLeaseLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullCurrentAccruedExpensesAndOtherCurrentLiabilities" order="20.0"/>
    <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="loc_ifrs-fullTradeAndOtherCurrentPayables"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayables" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullFinancialLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialLiabilitiesLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities" order="50.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <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_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" order="100.0"/>
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://globusmaritime.gr/role/FairValuesMeasurementDetails" xlink:title="00000081 - Disclosure -  Fair values measurement (Details)">
    <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="loc_ifrs-fullClassesOfFinancialAssetsAxis"/>
    <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_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FinancialAssetsAtFairValueIMember" xlink:label="loc_glbsFinancialAssetsAtFairValueIMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_glbsFinancialAssetsAtFairValueIMember" order="10.0"/>
    <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_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsAbstract"/>
    <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="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" order="100.0"/>
    <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="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" order="200.0"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialAssets"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialAssets" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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_FinancialAssetsAtFairValue" xlink:label="loc_ifrs-fullFinancialAssetsAtFairValue"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtFairValue" order="10.0"/>
    <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="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities" order="20.0"/>
    <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="loc_ifrs-fullFinancialLiabilitiesAtFairValue"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValue" order="30.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_BorrowingsGross" xlink:label="loc_glbsBorrowingsGross"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_glbsBorrowingsGross" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <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="loc_ifrs-fullFinancialLiabilities"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities" order="50.0"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="10.0"/>
    <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="loc_ifrs-fullMeasurementAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullMeasurementAxis" order="20.0"/>
    <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_AggregatedMeasurementMember" xlink:label="loc_ifrs-fullAggregatedMeasurementMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMeasurementAxis" xlink:to="loc_ifrs-fullAggregatedMeasurementMember" order="0.0"/>
    <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="loc_ifrs-fullAtFairValueMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedMeasurementMember" xlink:to="loc_ifrs-fullAtFairValueMember" order="20.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember" xlink:label="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedMeasurementMember" xlink:to="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember" order="70.0"/>
    <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="loc_ifrs-fullLevelsOfFairValueHierarchyAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" order="30.0"/>
    <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_AllLevelsOfFairValueHierarchyMember" xlink:label="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" xlink:to="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_LevelIIMember" xlink:label="loc_glbsLevelIIMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" xlink:to="loc_glbsLevelIIMember" order="20.0"/>
    <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="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" order="40.0"/>
    <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_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" order="0.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_FinancialLiabilitiesAtFairValueIIMember" xlink:label="loc_glbsFinancialLiabilitiesAtFairValueIIMember"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_glbsFinancialLiabilitiesAtFairValueIIMember" order="40.0"/>
    <link:loc xlink:type="locator" xlink:href="glbs-20211231.xsd#glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember" xlink:label="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember_2"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_glbsNotMeasuredAtFairValueFinancialLiabilitiesMember_2" order="80.0"/>
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>R1.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040303032">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2021 </div>
<div>shares</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_EntityAddressesLineItems', window );"><strong>Entity Addresses [Line Items]</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_dei_DocumentType', window );">Document Type</a></td>
<td class="text">20-F<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_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<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_dei_DocumentRegistrationStatement', window );">Document Registration Statement</a></td>
<td class="text">false<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_dei_DocumentAnnualReport', window );">Document Annual Report</a></td>
<td class="text">true<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_dei_DocumentTransitionReport', window );">Document Transition Report</a></td>
<td class="text">false<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_dei_DocumentShellCompanyReport', window );">Document Shell Company Report</a></td>
<td class="text">false<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_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec. 31,  2021<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_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<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_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2021<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_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<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_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-34985<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_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Globus
Maritime Limited<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_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001499780<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_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">1T<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_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">128
Vouliagmenis Ave., 3rd Floor<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_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Glyfada, Attica<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_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">GR<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_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">166 74<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_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common&#160;Shares, par value $0.004&#160;per share<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_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">GLBS<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_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<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_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-known Seasoned Issuer</a></td>
<td class="text">No<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_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
<td class="text">No<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_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
<td class="text">Yes<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_dei_EntityInteractiveDataCurrent', window );">Entity Interactive Data Current</a></td>
<td class="text">Yes<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_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Accelerated Filer<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_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<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_dei_DocumentAccountingStandard', window );">Document Accounting Standard</a></td>
<td class="text">International Financial Reporting Standards<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_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<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_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="nump">20,582,301<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_dei_IcfrAuditorAttestationFlag', window );">ICFR Auditor Attestation Flag</a></td>
<td class="text">true<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_dei_AuditorFirmId', window );">Auditor Firm ID</a></td>
<td class="text">1457<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_dei_AuditorName', window );">Auditor Name</a></td>
<td class="text">Ernst & Young (Hellas) Certified Auditors
Accountants S.A.<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_dei_AuditorLocation', window );">Auditor Location</a></td>
<td class="text">Athens, Greece<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_dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember', window );">Business Contact [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_dei_EntityAddressesLineItems', window );"><strong>Entity Addresses [Line Items]</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_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">128
Vouliagmenis Ave., 3rd Floor<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_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Glyfada, Attica<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_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">GR<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_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">166 74<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_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">+30<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_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">210 960 8300<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_dei_ContactPersonnelName', window );">Contact Personnel Name</a></td>
<td class="text">Athanasios
Feidakis<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</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:booleanItemType</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_AuditorFirmId">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>PCAOB issued Audit Firm Identifier</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 Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<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_AuditorFirmId</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:nonemptySequenceNumberItemType</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_AuditorLocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<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_AuditorLocation</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:internationalNameItemType</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_AuditorName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<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_AuditorName</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:internationalNameItemType</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_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Area code of city</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_CityAreaCode</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_ContactPersonnelName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Name of contact personnel</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_ContactPersonnelName</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_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</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:gMonthDayItemType</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_DocumentAccountingStandard">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.</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 Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<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_DocumentAccountingStandard</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:accountingStandardItemType</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_DocumentAnnualReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Boolean flag that is true only for a form used as an annual report.</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 Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<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_DocumentAnnualReport</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:booleanItemType</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_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</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:fiscalPeriodItemType</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_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</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:gYearItemType</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_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</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:dateItemType</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_DocumentRegistrationStatement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Boolean flag that is true only for a form used as a registration statement.</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 Exchange Act<br> -Number 240<br> -Section 12<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_DocumentRegistrationStatement</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:booleanItemType</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_DocumentShellCompanyReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.</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 Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<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_DocumentShellCompanyReport</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:booleanItemType</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_DocumentTransitionReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Boolean flag that is true only for a form used as a transition report.</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 Forms 10-K, 10-Q, 20-F<br> -Number 240<br> -Section 13<br> -Subsection a-1<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_DocumentTransitionReport</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:booleanItemType</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_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</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:submissionTypeItemType</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_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</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_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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_EntityAddressesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_EntityAddressesLineItems</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: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_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 Exchange Act<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_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, 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;">dei_EntityCommonStockSharesOutstanding</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: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_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</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_EntityCurrentReportingStatus</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:yesNoItemType</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_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Indicate if registrant meets the emerging growth company criteria.</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 Exchange Act<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_EntityEmergingGrowthCompany</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:booleanItemType</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_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</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 Exchange Act<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_EntityFilerCategory</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:filerCategoryItemType</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_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Two-character EDGAR code representing the state or country of incorporation.</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_EntityIncorporationStateCountryCode</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:edgarStateCountryItemType</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_EntityInteractiveDataCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</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 S-T<br> -Number 232<br> -Section 405<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_EntityInteractiveDataCurrent</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:yesNoItemType</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 Exchange Act<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>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.</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 Exchange Act<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_EntityShellCompany</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:booleanItemType</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_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</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_EntityVoluntaryFilers</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:yesNoItemType</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_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</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 Securities Act<br> -Number 230<br> -Section 405<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_EntityWellKnownSeasonedIssuer</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:yesNoItemType</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_IcfrAuditorAttestationFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<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_IcfrAuditorAttestationFlag</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:booleanItemType</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_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Local phone number for entity.</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_LocalPhoneNumber</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_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Title of a 12(b) registered security.</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 Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<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_Security12bTitle</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:securityTitleItemType</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_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Name of the Exchange on which a security is registered.</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 Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<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_SecurityExchangeName</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:edgarExchangeCodeItemType</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_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Trading symbol of an instrument as listed on an exchange.</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_TradingSymbol</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:tradingSymbolItemType</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_EntityAddressesAddressTypeAxis=dei_BusinessContactMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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;">dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember</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>16
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042440952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Comprehensive Income/(Loss) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_RevenueAbstract', window );"><strong>REVENUE:</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_ifrs-full_RevenueFromRenderingOfServices', window );">Voyage revenues</a></td>
<td class="nump">$ 43,211<span></span>
</td>
<td class="nump">$ 11,753<span></span>
</td>
<td class="nump">$ 15,623<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_ifrs-full_FeeAndCommissionIncome', window );">Management &amp; consulting fee income</a></td>
<td class="nump">170<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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">43,381<span></span>
</td>
<td class="nump">11,753<span></span>
</td>
<td class="nump">15,623<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_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>
<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_ifrs-full_ServicesExpense', window );">Voyage expenses</a></td>
<td class="num">(1,128)<span></span>
</td>
<td class="num">(2,490)<span></span>
</td>
<td class="num">(2,098)<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_OperatingCosts', window );">Vessel operating expenses</a></td>
<td class="num">(13,808)<span></span>
</td>
<td class="num">(8,581)<span></span>
</td>
<td class="num">(8,882)<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_ifrs-full_DepreciationExpense', window );">Depreciation</a></td>
<td class="num">(3,910)<span></span>
</td>
<td class="num">(2,398)<span></span>
</td>
<td class="num">(4,721)<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_DepreciationOfDryDockingCosts', window );">Depreciation of dry-docking costs</a></td>
<td class="num">(2,751)<span></span>
</td>
<td class="num">(1,335)<span></span>
</td>
<td class="num">(1,704)<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_ifrs-full_AdministrativeExpense', window );">Administrative expenses</a></td>
<td class="num">(2,610)<span></span>
</td>
<td class="num">(1,891)<span></span>
</td>
<td class="num">(1,583)<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_AdministrativeExpenseRelatedPartyTransactions', window );">Administrative expenses payable to related parties</a></td>
<td class="num">(1,361)<span></span>
</td>
<td class="num">(1,915)<span></span>
</td>
<td class="num">(371)<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_DirectorsCompensationSharebasedPayment', window );">Share-based payments</a></td>
<td class="num">(40)<span></span>
</td>
<td class="num">(40)<span></span>
</td>
<td class="num">(40)<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_ifrs-full_ImpairmentLoss', window );">Impairment loss</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(4,615)<span></span>
</td>
<td class="num">(29,902)<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_ifrs-full_OtherOperatingIncomeExpense', window );">Other income, net</a></td>
<td class="nump">171<span></span>
</td>
<td class="nump">89<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating income/(loss)</a></td>
<td class="nump">17,944<span></span>
</td>
<td class="num">(11,423)<span></span>
</td>
<td class="num">(33,649)<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_ifrs-full_RevenueFromInterest', window );">Interest income</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="nump">47<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_ifrs-full_FinanceCosts', window );">Interest expense and finance costs</a></td>
<td class="num">(3,262)<span></span>
</td>
<td class="num">(4,155)<span></span>
</td>
<td class="num">(4,703)<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_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">Gain/(loss) on derivative financial instruments</a></td>
<td class="nump">181<span></span>
</td>
<td class="num">(1,647)<span></span>
</td>
<td class="nump">1,950<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_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss', window );">Foreign exchange gains/(losses), net</a></td>
<td class="nump">79<span></span>
</td>
<td class="num">(163)<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">TOTAL INCOME/(LOSS) FOR THE YEAR</a></td>
<td class="nump">14,950<span></span>
</td>
<td class="num">(17,372)<span></span>
</td>
<td class="num">(36,351)<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_ifrs-full_OtherComprehensiveIncome', window );">Other Comprehensive Income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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 INCOME/(LOSS) FOR THE YEAR</a></td>
<td class="nump">$ 14,950<span></span>
</td>
<td class="num">$ (17,372)<span></span>
</td>
<td class="num">$ (36,351)<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_glbs_LossEarningsPerShareAbstract', window );"><strong>Earnings/(Loss) per share (U.S.$):</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">&#160;- Basic and Diluted income/(loss) per share for the year</a></td>
<td class="nump">$ 1.01<span></span>
</td>
<td class="num">$ (18.11)<span></span>
</td>
<td class="num">$ (873.36)<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_FeeAndCommissionIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 relating to fees and commissions.</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_FeeAndCommissionIncome</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_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>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R3.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180044961240">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statements of Financial Position - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 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 custom" 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">$ 130,724<span></span>
</td>
<td class="nump">$ 62,350<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_ifrs-full_OfficeEquipment', window );">Office furniture and equipment</a></td>
<td class="nump">97<span></span>
</td>
<td class="nump">100<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_ifrs-full_RightofuseAssets', window );">Right of use asset</a></td>
<td class="nump">888<span></span>
</td>
<td class="nump">450<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_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents', window );">Restricted cash</a></td>
<td class="nump">3,576<span></span>
</td>
<td class="nump">1,250<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_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Fair value of derivative financial instruments</a></td>
<td class="nump">417<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_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="rou">
<td class="pl custom" 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">135,712<span></span>
</td>
<td class="nump">64,160<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_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="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade accounts receivable</a></td>
<td class="nump">1,003<span></span>
</td>
<td class="nump">153<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_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="nump">852<span></span>
</td>
<td class="nump">1,248<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_ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets', window );">Prepayments and other assets</a></td>
<td class="nump">1,224<span></span>
</td>
<td class="nump">1,027<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_ifrs-full_CurrentRestrictedCashAndCashEquivalents', window );">Restricted cash</a></td>
<td class="nump">1,648<span></span>
</td>
<td class="nump">816<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_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">45,213<span></span>
</td>
<td class="nump">19,037<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" 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">49,940<span></span>
</td>
<td class="nump">22,281<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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">185,652<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 custom" 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">82<span></span>
</td>
<td class="nump">12<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_ifrs-full_SharePremium', window );">Share premium</a></td>
<td class="nump">284,406<span></span>
</td>
<td class="nump">195,102<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_ifrs-full_RetainedEarnings', window );">Accumulated deficit</a></td>
<td class="num">(138,070)<span></span>
</td>
<td class="num">(153,020)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" 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">146,418<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 custom" 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">26,438<span></span>
</td>
<td class="nump">30,887<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_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Provision for staff retirement indemnities</a></td>
<td class="nump">114<span></span>
</td>
<td class="nump">31<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_ifrs-full_NoncurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">556<span></span>
</td>
<td class="nump">367<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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">27,108<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 custom" 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">4,865<span></span>
</td>
<td class="nump">5,665<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_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade accounts payable</a></td>
<td class="nump">1,100<span></span>
</td>
<td class="nump">4,758<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_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Accrued liabilities and other payables</a></td>
<td class="nump">3,676<span></span>
</td>
<td class="nump">2,159<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_ifrs-full_CurrentLeaseLiabilities', window );">Current portion of lease liabilities</a></td>
<td class="nump">349<span></span>
</td>
<td class="nump">195<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_ifrs-full_CurrentDerivativeFinancialLiabilities', window );">Fair value of derivative financial instruments</a></td>
<td class="nump">92<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_ifrs-full_DeferredIncomeIncludingContractLiabilities', window );">Deferred revenue</a></td>
<td class="nump">2,044<span></span>
</td>
<td class="nump">285<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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">12,126<span></span>
</td>
<td class="nump">13,062<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" 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">39,234<span></span>
</td>
<td class="nump">44,347<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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">$ 185,652<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_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_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>
<TYPE>XML
<SEQUENCE>18
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042307112">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statements of Changes in Equity - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Issued capital [member]</div></th>
<th class="th"><div>Share premium [member]</div></th>
<th class="th"><div>Accumulated Deficit [member]</div></th>
<th class="th"><div>Total [member]</div></th>
</tr>
<tr class="rc">
<td class="pl custom" 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, 2018</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 140,347<span></span>
</td>
<td class="num">$ (99,297)<span></span>
</td>
<td class="nump">$ 41,050<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_ifrs-full_ProfitLoss', window );">Income / (Loss) for the year</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(36,351)<span></span>
</td>
<td class="num">(36,351)<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_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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 INCOME/(LOSS) FOR THE YEAR</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(36,351)<span></span>
</td>
<td class="num">(36,351)<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_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments (note 12)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">40<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_ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments', window );">Issuance of common stock due to conversion (note 11)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">5,140<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">5,140<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" 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="nump">145,527<span></span>
</td>
<td class="num">(135,648)<span></span>
</td>
<td class="nump">9,879<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_ifrs-full_ProfitLoss', window );">Income / (Loss) for the year</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(17,372)<span></span>
</td>
<td class="num">(17,372)<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_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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 INCOME/(LOSS) FOR THE YEAR</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(17,372)<span></span>
</td>
<td class="num">(17,372)<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_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments (note 12)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">40<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_ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments', window );">Issuance of common stock due to conversion (note 11)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">815<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">815<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_ifrs-full_IssueOfEquity', window );">Issuance of new common shares (Note 9)</a></td>
<td class="nump">12<span></span>
</td>
<td class="nump">49,305<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">49,317<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_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity', window );">Issuance of new common shares due to exercise of Warrants (Note 9)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">194<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">194<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_IssueOfPreferredShares', window );">Issuance of Class B preferred shares (Note 4)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">300<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_ifrs-full_ShareIssueRelatedCost', window );">Transaction costs on issue of new common shares (Note 9)</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(1,079)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(1,079)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" 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="nump">195,102<span></span>
</td>
<td class="num">(153,020)<span></span>
</td>
<td class="nump">42,094<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_ifrs-full_ProfitLoss', window );">Income / (Loss) for the year</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">14,950<span></span>
</td>
<td class="nump">14,950<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_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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 INCOME/(LOSS) FOR THE YEAR</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">14,950<span></span>
</td>
<td class="nump">14,950<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_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments (note 12)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">40<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_ifrs-full_IssueOfEquity', window );">Issuance of new common shares (Note 9)</a></td>
<td class="nump">60<span></span>
</td>
<td class="nump">89,520<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">89,580<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_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity', window );">Issuance of new common shares due to exercise of Warrants (Note 9)</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">15<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">25<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 4)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">130<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">130<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_ifrs-full_ShareIssueRelatedCost', window );">Transaction costs on issue of new common shares (Note 9)</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(401)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(401)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" 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, 2021</a></td>
<td class="nump">$ 82<span></span>
</td>
<td class="nump">$ 284,406<span></span>
</td>
<td class="num">$ (138,070)<span></span>
</td>
<td class="nump">$ 146,418<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>
</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>
<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_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_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_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_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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R5.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045002504">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Cash Flows - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_CashFlowsFromUsedInOperatingActivitiesAbstract', window );"><strong>Operating activities</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_ifrs-full_ProfitLoss', window );">Income / (Loss) for the year</a></td>
<td class="nump">$ 14,950<span></span>
</td>
<td class="num">$ (17,372)<span></span>
</td>
<td class="num">$ (36,351)<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>
<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_ifrs-full_AdjustmentsForDepreciationExpense', window );">Depreciation</a></td>
<td class="nump">3,910<span></span>
</td>
<td class="nump">2,398<span></span>
</td>
<td class="nump">4,721<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">2,751<span></span>
</td>
<td class="nump">1,335<span></span>
</td>
<td class="nump">1,704<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">(3,664)<span></span>
</td>
<td class="num">(2,663)<span></span>
</td>
<td class="num">(861)<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_ifrs-full_AdjustmentsForProvisions', window );">Provision for staff retirement indemnities</a></td>
<td class="nump">83<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="num">(61)<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_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Impairment loss</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4,615<span></span>
</td>
<td class="nump">29,902<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_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives', window );">(Gain)/Loss on derivative financial instruments</a></td>
<td class="num">(181)<span></span>
</td>
<td class="nump">1,647<span></span>
</td>
<td class="num">(1,950)<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_ifrs-full_AdjustmentsForFinanceCosts', window );">Interest expense and finance costs</a></td>
<td class="nump">3,262<span></span>
</td>
<td class="nump">4,155<span></span>
</td>
<td class="nump">4,703<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_ifrs-full_AdjustmentsForInterestIncome', window );">Interest income</a></td>
<td class="num">(8)<span></span>
</td>
<td class="num">(16)<span></span>
</td>
<td class="num">(47)<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_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains', window );">Foreign exchange gains, net</a></td>
<td class="num">(87)<span></span>
</td>
<td class="nump">121<span></span>
</td>
<td class="num">(11)<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_ifrs-full_AdjustmentsForSharebasedPayments', window );">Share based payment</a></td>
<td class="nump">40<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="nump">40<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_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable', window );">Trade accounts receivable</a></td>
<td class="num">(850)<span></span>
</td>
<td class="nump">87<span></span>
</td>
<td class="nump">337<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_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories', window );">Inventories</a></td>
<td class="nump">396<span></span>
</td>
<td class="nump">297<span></span>
</td>
<td class="num">(895)<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_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets', window );">Prepayments and other assets</a></td>
<td class="num">(197)<span></span>
</td>
<td class="num">(874)<span></span>
</td>
<td class="nump">18<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_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable', window );">Trade accounts payable</a></td>
<td class="num">(1,917)<span></span>
</td>
<td class="nump">89<span></span>
</td>
<td class="num">(1,013)<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_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables', window );">Accrued liabilities and other payables</a></td>
<td class="nump">503<span></span>
</td>
<td class="num">(392)<span></span>
</td>
<td class="nump">63<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_ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities', window );">Deferred revenue</a></td>
<td class="nump">1,759<span></span>
</td>
<td class="nump">285<span></span>
</td>
<td class="num">(86)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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">20,750<span></span>
</td>
<td class="num">(6,243)<span></span>
</td>
<td class="nump">213<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_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>
<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_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Vessels acquisition</a></td>
<td class="num">(71,600)<span></span>
</td>
<td class="num">(18,474)<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_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Purchase of vessel equipment</a></td>
<td class="num">(332)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
<td class="num">(54)<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_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities', window );">Purchases of office furniture and equipment</a></td>
<td class="num">(36)<span></span>
</td>
<td class="num">(30)<span></span>
</td>
<td class="num">(13)<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_ifrs-full_InterestReceivedClassifiedAsInvestingActivities', window );">Interest received</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="nump">47<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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 investing activities</a></td>
<td class="num">(71,960)<span></span>
</td>
<td class="num">(18,542)<span></span>
</td>
<td class="num">(20)<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>
<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_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from loans</a></td>
<td class="nump">34,250<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">43,700<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_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment of long-term debt</a></td>
<td class="num">(3,993)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(1,830)<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">(3,040)<span></span>
</td>
<td class="num">(33,833)<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_ifrs-full_ProceedsFromIssuingShares', window );">Proceeds from issuance of share capital</a></td>
<td class="nump">89,580<span></span>
</td>
<td class="nump">49,317<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_ProceedsFromWarrantExercises', window );">Proceeds from exercise of Warrants</a></td>
<td class="nump">25<span></span>
</td>
<td class="nump">194<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_ifrs-full_PaymentsForShareIssueCosts', window );">Transaction costs on issuance of new common shares</a></td>
<td class="num">(401)<span></span>
</td>
<td class="num">(1,079)<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_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings', window );">(Increase)/decrease in restricted cash</a></td>
<td class="num">(3,158)<span></span>
</td>
<td class="nump">369<span></span>
</td>
<td class="num">(1,085)<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_ifrs-full_PaymentsForDebtIssueCosts', window );">Payment of financing costs</a></td>
<td class="num">(545)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(880)<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_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities', window );">Payment of lease liability - principal</a></td>
<td class="num">(241)<span></span>
</td>
<td class="num">(159)<span></span>
</td>
<td class="num">(30)<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_ifrs-full_InterestPaidClassifiedAsFinancingActivities', window );">Interest paid</a></td>
<td class="num">(2,624)<span></span>
</td>
<td class="num">(4,146)<span></span>
</td>
<td class="num">(3,915)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" 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">77,386<span></span>
</td>
<td class="nump">41,456<span></span>
</td>
<td class="nump">2,127<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" 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">26,176<span></span>
</td>
<td class="nump">16,671<span></span>
</td>
<td class="nump">2,320<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_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at the beginning of the year</a></td>
<td class="nump">19,037<span></span>
</td>
<td class="nump">2,366<span></span>
</td>
<td class="nump">46<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_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at the end of the year</a></td>
<td class="nump">$ 45,213<span></span>
</td>
<td class="nump">$ 19,037<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_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_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_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_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_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_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 an increase (decrease) in 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_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings</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_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_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 property, plant and equipment, classified as investing activities. [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 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_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</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>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>R6.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043295640">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" 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_80E_eifrs-full--DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_zO4pPLSIjJz9" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>1. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span style="font-size: 10pt"><span id="xdx_82F_zUBnoSQQHFw7">Basis of presentation
and general information</span></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span style="font-size: 10pt"><span>&#160;</span></span></b></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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The accompanying consolidated
financial statements include the financial statements of <b><i><span id="xdx_905_eifrs-full--NameOfReportingEntityOrOtherMeansOfIdentification_c20210101__20211231_zRGwLl1WDxH9" title="Name of reporting entity">Globus Maritime Limited</span></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_90A_eifrs-full--DomicileOfEntity_c20210101__20211231_z8CfuOx73dN" title="Domicile of entity">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&#8217; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 36pt; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span id="xdx_90F_eifrs-full--DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_c20210101__20211231_zXfBjtdEboK3" title="Description of nature of entity's operations and principal activities">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; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 at December 31, 2021:</p>

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

<p id="xdx_892_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_znzOoIe3ghW6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt 0 20pt; display: none; text-align: justify; text-indent: 0cm">Basis of presentation
and general information</p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt">&#160;</td><td style="font: 11pt Baskerville Win95BT; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zJHcU9aBR8Yb" style="font: 11pt Baskerville Win95BT; text-align: center; padding-bottom: 1pt">&#160;</td><td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_487_ecustom--VesselDeliveryDate_dd0_z2NnI48HW926" style="font-size: 12pt; text-align: center">&#160;</td><td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_48F_eifrs-full--NameOfSubsidiary_d0_zBg87Cgk89Ii" style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid; padding-right: 0pt; width: 34%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><b>&#160;Company</b></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt"><b><span id="xdx_914_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zx35VXoB7eD7">Country of Incorporation</span></b></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center"><p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b><span id="xdx_91D_ecustom--VesselDeliveryDate_zL3wP0XZpEN5">Vessel Delivery
                                                                                 Date</span></b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"/></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"><b>&#160;<span id="xdx_914_eifrs-full--NameOfSubsidiary_znn01oIG7rqc">Vessel
    Owned</span></b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: center">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td></tr>
  <tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_zNZySjX0gF7j" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Globus Shipmanagement Corp.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0566">-&#160;</span></td><td>&#160;</td>
    <td style="text-align: center">Management Co.</td></tr>
  <tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_zo2c3TcQVi3l" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Devocean Maritime Ltd.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">December 18, 2007</span></td><td>&#160;</td>
    <td style="text-align: center">m/v River Globe</td></tr>
  <tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zuBSKrcxWpI5" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Domina Maritime Ltd.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">May 19, 2010</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Sky Globe</td></tr>
  <tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zmYOjPEsgu12" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Dulac Maritime S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">May 25, 2010</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Star Globe</td></tr>
  <tr id="xdx_415_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zcSV6FrviNj3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Artful Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">June 22, 2011</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Moon Globe</td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_ziWsFW6HxqNc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt">Longevity Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">Malta</td><td>&#160;</td>
    <td style="text-align: center">September 15, 2011</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">m/v Sun Globe</td></tr>
  <tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zfqwaa2r6lT3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 0pt">Serena Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 0pt">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center">October 29, 2020</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">m/v Galaxy Globe</td></tr>
  <tr id="xdx_411_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zUHgO6dEUmzg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt">Talisman Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 0pt">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center">July 20, 2021</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">m/v Power Globe</td></tr>
  <tr id="xdx_41A_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zcX3wb9PH6v7" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Argo Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">June 9, 2021</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Diamond Globe</td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_ztyxbQVoqcbb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Calypso Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="padding-right: 30pt; padding-left: 30pt; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0593">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0594">&#8211;</span></td></tr>
  <tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zNc4vFkb2vve" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Daxos Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0596">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0597">&#8211;</span></td></tr>
  <tr id="xdx_41B_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_z0SiQ082dDue" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Olympia Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0599">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0600">&#8211;</span></td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zIbKoJmOggeb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Paralus Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0602">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0603">&#8211;</span></td></tr>
  <tr id="xdx_418_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zPYoQ6I72AVc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Salaminia Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">November 29, 2021</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Orion Globe</td></tr>
  </table>



<p id="xdx_8A3_z3jp5GMlCBR" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The consolidated financial statements as
at December 31, 2021 and 2020 and for the three years in the period ended December 31, 2021, were approved for issuance by the Board
of Directors on April 6, 2022.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"><b>&#160;</b>&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"/>

<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>
<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_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory</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>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_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract</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>21
<FILENAME>R7.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042250344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of Preparation and Significant Accounting Policies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory', window );">Basis of Preparation and Significant Accounting Policies</a></td>
<td class="text"><p id="xdx_80B_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zj5diNZAHRjl" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span><span id="xdx_823_zC6fTBJngxX">Basis
of Preparation and Significant Accounting Policies</span></span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -18pt">&#160;</p>


<p id="xdx_84A_eifrs-full--DisclosureOfGoingConcernExplanatory_zmo1DXvPxzpk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.1
&#8239;&#8239;&#8239;&#8239;<span id="xdx_86C_zvus4WjeRJQf">Basis of Preparation:</span> </b>The consolidated financial statements
have been prepared on a historical cost basis, except for derivative financial instruments which are measured at fair value. The
consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand ($ 000s) except
when otherwise indicated.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify; text-indent: -40pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company performs on a regular basis
an assessment to evaluate its ability to
continue as a going concern.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In assessing whether the going concern assumption is appropriate, management takes
into account all available information about the future, which is at least, but is not limited to, twelve months from the end of the reporting
period. The degree of consideration depends on the facts in each case and depends on the Company&#8217;s profitability and ready access to financial resources, In certain cases, management may need to consider a wide range of factors relating to current and
expected profitability, debt repayment schedules, compliance with the financial and security collateral cover ratio covenants under its existing debt agreements and potential sources of replacement financing before it can satisfy itself that the going
concern basis is appropriate. The Company may need to develop detailed cash flow projections as part of its assessment in such cases.
In developing estimates of future cash flows, the Company makes assumptions about the vessels&#8217; future performance, with the significant assumptions relating to time charter equivalent rates, vessels&#8217; operating
expenses, vessels&#8217; capital expenditures, fleet utilization, Company&#8217;s general
and administrative expenses and cash flow requirements for debt servicing. The assumptions used to develop estimates of future cash flows
are based on historical trends as well as future expectations.</p>

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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 9). As at December 31, 2021, the Company reported a working capital surplus of $<span id="xdx_90D_eifrs-full--CurrentAssetsLiabilities_iI_pn3n6_c20211231_zpaAGZUlRwx5" title="Working capital surplus/ (deficit)">37.8</span> million and was in compliance with its debt
covenants.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The above conditions indicate that the Company is expected to be able to
operate as a going concern and these consolidated financial statements were prepared under this assumption.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 35.45pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 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 values. For the first quarter of 2020, the Company concluded that the recoverable amounts of the vessels
were lower than their carrying amounts and an impairment loss of $<span id="xdx_901_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_c20200101__20201231_zrzH2mjPbWKl" title="Impairment loss">4,615
</span>was recorded (Note 5). The Company has re-assessed impairment indicators  as at December 31, 2021  and
concluded that <span id="xdx_90C_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_do_c20210101__20211231_zjbJQBP3Sv76">no</span> further impairment of its vessels should be recorded or previously recognized impairment should be reversed.</p>

<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">&#160;</p>

<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">&#160;</p>

<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"><b/></p>

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


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of
Preparation and Significant Accounting Policies (continued)</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Statement of Compliance:
</b>These consolidated financial statements of the Company have been prepared in accordance with <span id="xdx_901_edei--EntityAccountingStandard_c20210101__20211231_zOmYU5LHSq64">International Financial Reporting Standards</span>
(&#8220;IFRS&#8221;) as issued by the International Accounting Standards Board (&#8220;IASB&#8221;).</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Basis of Consolidation:</b>
The consolidated financial statements comprise the financial statements of Globus and its subsidiaries listed in Note 1. The financial
statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">All inter-company balances
and transactions have been eliminated upon consolidation. Subsidiaries are fully consolidated from the date on which control is transferred
to the Company and cease to be consolidated from the date on which control is transferred out of the Company.</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>


<p id="xdx_846_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_z1xY9VIQiRpb" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.2 &#8239;&#8239;&#8239;<span id="xdx_864_zOYoRsa6Y1A6">Standards amendments and
interpretations:</span></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The accounting policies adopted are consistent
with those of previous financial year except for the following amended IFRS which have been adopted by the Company as at January 1, 2021:</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IFRS 16 Leases-C&#959;vid 19 Related
Rent Concessions (Amendment)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendment applies, retrospectively,
to annual reporting periods beginning on or after 1 June 2020. Earlier application is permitted, including in financial statements
not yet authorized for issue at May 28, 2020. IASB amended the standard to provide relief to lessees from applying IFRS 16
guidance on lease modification accounting for rent concessions arising as a direct consequence of the covid-19 pandemic. The
amendment provides a practical expedient for the lessee to account for any change in lease payments resulting from the covid-19
related rent concession the same way it would account for the change under IFRS 16, if the change was not a lease modification, only
if all of the following conditions are met:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">The change in lease payments results in revised consideration for the lease
that is substantially the same as, or less than, the consideration for the lease immediately preceding the change.</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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">Any reduction in lease payments affects only payments originally due on or
before June 30, 2021.</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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">There is no substantive change to other terms and conditions of the lease.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendment had no impact on the consolidated
financial statements of the Company.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Interest Rate Benchmark Reform &#8211;
Phase 2 &#8211; IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Attributing Benefit to Periods of Service
(IAS 19 Employee Benefits) &#8211; IFRS Interpretation Committee (IFRS IC or IFRIC) Agenda Decision issued May 2021</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The International Financial Reporting Standards
Interpretations Committee issued a final agenda decision in May 2021, under the title "Attributing Benefits to Periods of Service"
(IAS 19), which includes explanatory material regarding the attribution of benefits in periods of service regarding a specific defined
benefit plan analogous to that defined in Article 8 of Greek Law 3198/1955 regarding provision of compensation due to retirement (the
"Labor Law Defined Benefit Plan"). This explanatory information differentiates the way in which the basic principles and regulations
of IAS 19 have been applied in Greece in the previous years, and therefore, according to what is defined in the &#8220;IASB Due Process
Handbook (par 8.6)&#8221;, entities that prepare their financial statements in accordance with IFRS are required to amend their Accounting
Policy accordingly. Based on the above, the aforementioned decision is implemented in accordance with paragraphs 19-22 of IAS 8 as a change
in accounting policy. The agenda decision had no impact on the consolidated financial statements of the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation
and Significant Accounting Policies (continued)</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Standards issued but not yet
effective and not early adopted:</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Amendment in IFRS 10 Consolidated Financial Statements and
IAS 28 Investments in Associates and Joint Ventures: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments address an acknowledged
inconsistency between the requirements in IFRS 10 and those in IAS 28, in dealing with the sale or contribution of assets between an investor
and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction
involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets
that do not constitute a business, even if these assets are housed in a subsidiary. In December 2015 the IASB postponed the effective
date of this amendment indefinitely pending the outcome of its research project on the equity method of accounting. Management has assessed
that this amendment will have no impact on the Company&#8217;s financial position or performance.</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; text-align: justify"><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 0 0 18pt; text-align: justify"><b>IAS 1 Presentation of Financial Statements:
Classification of Liabilities as Current or Non-current (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments were initially effective
for annual reporting periods beginning on or after January 1, 2022 with earlier application permitted. However, in response to the covid-19
pandemic, the Board has deferred the effective date by one year, i.e. 1 January 2023, to provide companies with more time to implement
any classification changes resulting from the amendments. The amendments aim to promote consistency in applying the requirements by helping
companies determine whether, in the statement of financial position, debt and other liabilities with an uncertain settlement date should
be classified as current or non-current. The amendments affect the presentation of liabilities in the statement of financial position
and do not change existing requirements around measurement or timing of recognition of any asset, liability, income or expenses, nor the
information that entities disclose about those items. Also, the amendments clarify the classification requirements for debt which may
be settled by the company issuing own equity instruments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In November 2021, the Board issued an
exposure draft (ED), which clarifies how to treat liabilities that are subject to covenants to be complied with, at a date
subsequent to the reporting period. In particular, the Board proposes narrow scope amendments to IAS 1 which effectively reverse the
2020 amendments requiring entities to classify as current, liabilities subject to covenants that must only be complied with within
the next twelve months after the reporting period, if those covenants are not met at the end of the reporting period. Instead, the
proposals would require entities to present separately all non-current liabilities subject to covenants to be complied with only
within twelve months after the reporting period. Furthermore, if entities do not comply with such future covenants at the end of the
reporting period, additional disclosures will be required. The proposals will become effective for annual reporting periods
beginning on or after January 1, 2024 and will need to be applied retrospectively in accordance with IAS 8, while early adoption is
permitted. The Board has also proposed to delay the effective date of the 2020 amendments accordingly, such that entities will not
be required to change current practice before the proposed amendments come into effect. Management has assessed that these
amendments will have no impact on the Company&#8217;s financial position or performance.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 14.15pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IFRS 3 Business Combinations; IAS 16
Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets as well as Annual Improvements 2018-2020
(Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments are effective for annual
periods beginning on or after January 1, 2022, with earlier application permitted. The IASB has issued narrow-scope amendments to the
IFRS Standards as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b>IFRS 3 Business Combinations (Amendments)</b> update a reference in IFRS 3 to the Conceptual Framework
for Financial Reporting without changing the accounting requirements for business combinations.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b>IAS 16 Property, Plant and Equipment (Amendments)</b> prohibit a company from deducting from the cost
of property, plant and equipment amounts received from selling items produced while the company is preparing the asset for its intended
use. Instead, a company will recognize such sales proceeds and related cost in profit or loss.</td></tr></table>



<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0">
<tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b/>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"><b>IAS 37 Provisions, Contingent Liabilities and Contingent
Assets (Amendments)</b> specify which costs a company includes in determining the cost of fulfilling a contract for the purpose of assessing
whether a contract is onerous.</p>
</td></tr>
</table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0">
<tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b/>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"><b>Annual Improvements 2018-2020</b> make minor amendments
to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IAS 41 Agriculture and the
Illustrative Examples accompanying IFRS 16 Leases.</p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt">&#160;</p>
</td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Management has assessed that these amendments
will have no impact on the Company&#8217;s financial position or performance.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">IFRS 16 Leases -C&#959;vid 19 Related
Rent Concessions beyond June 30, 2021 (Amendment)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Amendment applies to annual
reporting periods beginning on or after April 1, 2021, with earlier application permitted, including in financial statements not yet
authorized for issue at the date the amendment is issued. In March 2021, the Board amended the conditions of the practical expedient
in IFRS 16 that provides relief to lessees from applying the IFRS 16 guidance on lease modifications to rent concessions arising as
a direct consequence of the covid-19 pandemic. Following the amendment, the practical expedient now applies to rent concessions for
which any reduction in lease payments affects only payments originally due on or before June 30, 2022, provided the other
conditions for applying the practical expedient are met. Management has assessed will have no impact on the Company&#8217;s
financial position or performance.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 32.15pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/></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 0 0 18pt; text-align: justify"/>



<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"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation
and Significant Accounting Policies (continued)</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 1 Presentation of Financial Statements
and IFRS Practice Statement 2: Disclosure of Accounting policies (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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 &#8216;significant&#8217;
accounting policies with a requirement to disclose &#8216;material&#8217; 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 has assessed that these amendments will have no impact on the Company&#8217;s financial position or performance.</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 8 Accounting policies, Changes in Accounting
Estimates and Errors: Definition of Accounting Estimates (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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
has assessed that these amendments will have no impact on the Company&#8217;s financial position or performance.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 12 Income taxes: Deferred Tax related
to Assets and Liabilities arising from a Single Transaction (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments are effective for annual periods
beginning on or after January 1, 2023 with earlier application permitted. In May 2021, the Board issued amendments to IAS 12, which narrow
the scope of the initial recognition exception under IAS 12 and specify how companies should account for deferred tax on transactions
such as leases and decommissioning obligations. Under the amendments, the initial recognition exception does not apply to transactions
that, on initial recognition, give rise to equal taxable and deductible temporary differences. It only applies if the recognition of a
lease asset and lease liability (or decommissioning liability and decommissioning asset component) give rise to taxable and deductible
temporary differences that are not equal. Management has assessed that these amendments will have no impact on the Company&#8217;s financial
position or performance.</p>

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

<p id="xdx_84F_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zMgImAsxEbU6" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.3
&#8239;&#8239;&#8239;</b><span id="xdx_867_zaAG7ETBxTE6" style="font: bold 10pt Times New Roman, Times, Serif">Significant
accounting policies, judgments, estimates and assumptions:</span> The preparation of consolidated financial statements in conformity
with IFRS requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amounts of revenues
and expenses recognised during the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes
that could require a material adjustment to the carrying amount of the asset or liability affected in the future.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -21.25pt"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Judgments: </b>In
the process of applying the Company&#8217;s accounting policies, management has made the following judgments that had a significant effect
on the amounts recognised in the consolidated financial statements.</p>

<p style="font: 9pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt"><i>Provision for expected credit losses: </i>The Company
                                                                                                     measures allowance for all trade accounts receivable under the simplified model using the lifetime expected credit loss
                                                                                                     (&#8220;ECL&#8221;) approach. When estimating ECLs, the Company considers reasonable and supportable information that is available
                                                                                                     without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic
                                                                                                     conditions. Provisions for expected credit losses as at December 31, 2021 and 2020, were $<span id="xdx_907_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zfm31i9wYZak" title="Provision for doubtful trade receivables">8</span>
                                                                                                     and nil, respectively. <span id="xdx_900_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20200101__20201231_zxySlBlcSPbl" style="display: none" title="Provision for doubtful trade receivables">0</span></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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Estimates and assumptions: </b>The key assumptions
concerning the future and other key sources of estimation uncertainty at the financial position date, that have a significant risk of
causing a significant adjustment to the carrying amount of assets and liabilities within the next financial year, are discussed below.
The Company based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing
circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond
the control of the Company. Such changes are reflected in the assumptions when they occur.</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><i>Carrying amount of vessels, net</i>: Vessels are stated at cost, less accumulated depreciation (including
depreciation of dry-docking costs and the amortization of the component attributable to favourable or unfavourable lease terms relative
to market terms) and accumulated impairment losses. The estimates and assumptions that have the most significant effect on the vessels
carrying amount are estimations in relation to useful lives of vessels, their residual value and estimated dry docking dates. The key
assumptions used are further explained in notes 2.9 to 2.13.</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font: 10pt Times New Roman, Times, Serif"><i>Impairment
                                            of Non-Financial Assets and Reversal of previously recognized impairment losses</i>: &#160;&#160;The
                                            Company&#8217;s impairment test for non-financial assets is based on the assets&#8217; recoverable
                                            amount, where the recoverable amount is the greater of fair value less costs to sell and
                                            value in use. The Company engaged independent valuation specialists to determine the fair
                                            value of non-financial assets as at December 31, 2021 and 2020. The value in use calculation
                                            is based on a discounted cash flow model. The value in use calculation is most sensitive
                                            to the discount rate used for the discounted cash flow model as well as the expected net
                                            cash flows. See notes 2.13 and 5. The Company assesses also at each reporting date whether
                                            there is any indication that an impairment loss recognized in prior periods for a vessel
                                            may no longer exist or may have decreased.</span></td></tr></table>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/>


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

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b>&#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; text-align: justify"><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; text-align: justify"/>

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




<p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zWoNq07zRX7b" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_zqPdrcYIL2Qb">Accounting for revenue and related expenses:</span></b> The Company generates
its revenues from charterers for the charter hire of its vessels. Vessels are chartered using time charters and bareboat, 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 and the Company is required to disclose lease and non-lease components
of lease revenue. Associated voyage expenses 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: 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 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Interest income</b>: interest
income is recognised as interest on an accrual basis.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Voyage expenses</b>: Voyage expenses primarily
consisting of port, canal and bunker expenses that are unique to a particular charter under time charter arrangements are paid by the
charterer. Furthermore, voyage expenses include brokerage commission on revenue which is paid by the Company. Voyage expenses are accounted
for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all voyage expenses and risk of operation.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -1cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Vessel operating expenses</b>: Vessel operating
costs include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs. Under bareboat charter
arrangements, these expenses are paid by the charterer and by the Company under time charter and voyage charter arrangements. Vessel operating
expenses are accounted for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all vessel operating
expenses and risk of operation.</p>

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


<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zPds4Pls9JMf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_867_zvF5i80PW5q3">Foreign currency translation:</span></b> The functional currency of Globus and
its subsidiaries is the U.S. dollar, which is also the presentation currency of the Company, since the Company&#8217;s vessels operate
in international shipping markets, whereby the U.S. dollar is the currency used for transactions. Transactions involving other currencies
during the period are converted into U.S. dollars using the exchange rates in effect at the time of the transactions. At the financial
position dates, monetary assets and liabilities, which are denominated in currencies other than the U.S. dollar, are translated into the
functional currency using the period-end exchange rate. Gains or losses resulting from foreign currency transactions are included in foreign
exchange gains/(losses), net in the consolidated statement of comprehensive income/(loss).</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 0 0 18pt; text-align: justify"/>


<p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_zB92ieplxWA3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_862_zRIzGnW73ox">Cash and cash equivalents:</span></b> The Company considers highly liquid investments
such as time deposits and certificates of deposit with original maturity of three months or less to be cash and cash equivalents.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_z2pQ0SxcMvt5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_z6xCs76nfbPc">Trade
accounts receivable, net</span></b><b><i>: </i></b>The amount shown as trade accounts receivable at each financial position date
includes estimated recoveries from charterers for hire, net of an allowance for doubtful accounts. Trade accounts receivable without
a significant financing component are initially measured at their transaction price and subsequently measured at amortized cost less
impairment losses, which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position
date, all potentially uncollectible accounts are assessed individually for the purpose of determining the appropriate provision for
expected credit losses. The provision for expected credit losses at December 31, 2021 was $<span id="xdx_90C_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zQ23y6ZTTDBa">8 </span>(2020:
nil).</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 0 0 18pt; text-align: justify"/>


<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zsKVBNb0JPGc" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86B_zXlvD8C1tqR3">Inventories:</span></b> Inventories consist of lubricants, bunkers and gas cylinders and are stated at the
lower of cost and net realisable value. The cost is determined by the first-in, first-out method.</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 0 0 18pt; text-align: justify"/>


<p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zD1OikEbOGA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_869_zkc2mUVLN9xb">Vessels,
net:</span></b> Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking costs and amortization
of components attributable to favourable or unfavourable lease terms relative to market terms) and accumulated impairment losses. Vessel
cost consists of the contract price for the vessel and any material expenses incurred upon acquisition (initial repairs, improvements
and delivery expenses, interest, commissions paid and on-site supervision costs incurred during the construction periods). Subsequent
expenditures for conversions and major improvements are also capitalised when the recognition criteria are met. Otherwise these amounts
are charged to expenses as incurred.&#160;</p>

<p style="font: 10pt 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"><b/></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 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_zSm0H9zAA8cg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zZuXkxFPMKId">Dry-docking costs</span></b>: <span style="font-weight: normal">Vessels are required to be dry-docked for major repairs and maintenance
that cannot be performed while the vessels are operating. Dry-dockings occur approximately every <span id="xdx_900_ecustom--IntervalBetweenVesselDrydockingSpecialSurvey_dtY_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zbf7cBFb9dGf">2.5</span>
years</span><span style="font-weight: normal">. The costs associated with the dry-dockings are capitalised and depreciated on
a straight-line basis over the period between dry-dockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management
estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled dry-docking of the
vessel under the ownership of the Company and this component is depreciated on a <span id="xdx_902_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zo08hnrHGOJd">straight-line
basis</span></span> <span style="font-weight: normal">over the remaining period through the estimated dry-docking date.</span></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>&#160;</b></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; text-align: justify"/>

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


<p id="xdx_846_eifrs-full--DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_zPICpNOS8q7g" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86B_z6I0KTxTxf6f">Depreciation:
</span></b>The cost of each of the Company&#8217;s vessels is depreciated on a <span id="xdx_90D_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zxalKg0dCct3" title="Depreciation method">straight-line
basis</span> over each vessel&#8217;s remaining useful economic life, after considering the estimated residual value of each vessel,
beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels is <span id="xdx_901_eifrs-full--DescriptionOfUsefulLifePropertyPlantAndEquipment_pip0_dt_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zqU53Vp3cVEc" title="Useful life">25
years</span>, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and
estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively.
During 2019 and 2020 the Company maintained the same scrap rate at $<span id="xdx_908_ecustom--VesselsScrapRatePerTon_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zpMLPnYmQ19b" title="Vessels scrap rate per ton"><span id="xdx_906_ecustom--VesselsScrapRatePerTon_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z5y2Pa2wDCwe" title="Vessels scrap rate per ton">300</span></span>/ton.
During the fourth quarter of 2021, the Company adjusted the scrap rate from $300/ton to $<span id="xdx_90C_ecustom--VesselsScrapRatePerTon_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zOL2jPvxRP9e" title="Vessels scrap rate per ton">380</span>/ton
due to the increased scrap rates worldwide. This resulted to a decrease of $<span id="xdx_900_ecustom--ExtraDepreciationPropertyPlantAndEquipment_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zuGqPzE8WeRj" title="Decrease in depreciation expense due to changes in scrap rate">145</span> to the depreciation charge included in the consolidated
statement of comprehensive income/(loss) for 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForLeasesExplanatory_zsBIs2ObOeLl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zebiargfeIW3">Amortization of lease component:</span></b> When the Company acquires a vessel subject to an operating lease;
it amortizes the amount reflected in the cost of that vessel that is attributable to favourable or unfavourable lease terms relevant to
market terms, over the remaining term of the lease<span style="background-color: white">. The amortization is included in the line &#8220;amortization</span>
of fair value of time charter attached to vessels&#8221; in the income statement component of the consolidated statement of comprehensive
income/(loss).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_zS0rFotRDzn9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zfzodF1H30Xc">Impairment
of Long-Lived Assets and Reversal of previously recognized impairment losses:</span></b> The Company assesses at each reporting date
whether there is an indication that a vessel may be impaired. The vessel&#8217;s recoverable amount is estimated when events or
changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value
exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the
greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted
to their present value using a discount rate that reflects current market assessments of the time value of money and the risks
specific to the vessel. Impairment losses are recognised in the consolidated statement of comprehensive income/(loss). The Company
assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a
vessel may no longer exist or may have decreased. A previously recognised impairment loss is reversed only if there has been a
change in the estimates used to determine the asset&#8217;s recoverable amount since the last impairment loss was recognised. If
that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the
carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised for the asset in prior
years. Such reversal is recognised in the consolidated statement of comprehensive income/(loss). After such a reversal, the
depreciation charge is adjusted in future periods to allocate the asset&#8217;s revised carrying amount, less any residual value, on
a systematic basis over its remaining useful life (refer to note 5).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zAhP3GOIvtr3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86C_zOhKTaooI6lf">Long-term debt:</span></b> Long-term debt is initially recognised at the fair value of the consideration received
net of financing costs directly attributable to the borrowing. After initial recognition, long-term debt is subsequently measured at amortized
cost using the effective interest rate method. Amortized cost is calculated by taking into account any financing costs and any discount
or premium on settlement. Gains and losses are recognised in the income statement component of the consolidated statement of comprehensive
income/(loss) when the liabilities are derecognised or impaired, as well as through the amortization process.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinanceCostsExplanatory_zgQhoG8IeMq4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zV2lMqgZ4Qd">Financing
costs:</span></b> Fees incurred for obtaining new loans or refinancing existing loans are deferred and amortized over the life of the
related debt, using the effective interest rate method. Any unamortized balance of costs relating to loans repaid or refinanced is expensed
in the period the repayment or refinancing is made. For the year ended December 31, 2021, the Company deferred financing costs of $<span id="xdx_903_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zMOfhEmmDOqg">545</span>,
which relate to the costs incurred for the loan agreement with CIT Bank N.A. (This loan facility is referred to as the CIT Loan Facility,
see Note 11 for more details). For the year ended December 31, 2020, the Company did not incur any financing costs. For the year ended
December 31, 2019, the Company deferred financing costs of $<span id="xdx_90F_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zdMRhgoLWamj">880</span>,
which relate to the costs incurred for the loan agreement with EnTrust Global&#8217;s Blue Ocean Fund (see Note 11 for more details).<span id="xdx_90E_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20200101__20201231_zldE7K5PYa74" style="display: none">0</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><i>&#160;</i></p>

<p id="xdx_84B_eifrs-full--DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_zVnWJn9zJvuh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zdNSyEacuHod">Borrowing costs:</span></b>
Borrowing costs consist of interest and other costs that the Company incurs in connection with the borrowing of funds. Borrowing costs
are expensed to the income statement component of the consolidated statement of comprehensive income/(loss) as incurred under &#8220;interest
expense and finance costs&#8221; except borrowing costs that relate to a qualifying asset. A qualifying asset is an asset that necessarily
takes a substantial period of time to get ready for its intended use. Borrowing costs that relate to qualifying assets are capitalised.</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; text-align: justify"/>



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

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><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"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>


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


<p id="xdx_84F_eifrs-full--DescriptionOfAccountingPolicyForSegmentReportingExplanatory_zEbacq1I3Xtd" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_861_zGLFH480D6wi">Operating segment:</span></b> The Company reports financial information and evaluates its operations by charter
revenues and not by other factors such as length of ship employment for its customers i.e., spot or time charters or type of vessel. The
Company does not use discrete financial information to evaluate the operating results for each such type of charter. Although revenue
can be identified for these types of charters, management cannot and does not identify expenses, profitability or other financial information
for these charters. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue
per day and operating results of the fleet and thus the Company has determined that it operates as <span id="xdx_908_ecustom--NumberOfOperatingSegments_dc_uPure_c20210101__20211231_zQFbst39HIRi">one</span> operating segment. Furthermore,
when the Company charters a vessel to a charterer, the charterer is free to trade the vessel worldwide and, as a result, the disclosure
of geographical information is impracticable.</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 0 0 18pt; text-align: justify"/>

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



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

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


<p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zL6e323Pfjo8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.18&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zVqYGGIK2td2">Provisions and contingencies:</span> </b>Provisions are recognized when the Company has a present legal or
constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required
to settle the obligation and, a reliable estimate of the amount of the obligation can be made. Provisions are reviewed at each financial
position date and adjusted to reflect the present value of the expenditure expected to be required to settle the obligation. Contingent
liabilities are not recognized in the consolidated financial statements but are disclosed unless the possibility of an outflow of resources
embodying economic benefits is remote, in which case there is no disclosure. Contingent assets are not recognized in the consolidated
financial statements but are disclosed when an inflow of economic benefits is probable.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -30pt"><b>&#160;</b></p>

<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForTerminationBenefits_zhfL6waAs8K4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.19&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_869_zsbFlZdnNXLi">Pension
and retirement benefit obligations:</span> </b>The crew on board the vessels owned by the ship-owning companies, wholly owned
subsidiaries of Globus, is employed under short-term contracts (usually up to nine months) and, accordingly, the Company is not
liable for any pension or post-retirement benefits payable to the crew.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Provision for employees&#8217;
severance compensation: </b>The Greek employees of the Company are bound by the Greek Labour law. Accordingly, compensation is payable
to such employees upon dismissal or retirement. The amount of compensation is based on the number of years of service and the amount of
remuneration at the date of dismissal or retirement. <span id="xdx_90B_eifrs-full--DescriptionOfNatureOfBenefitsProvidedByPlan_pip0_c20210101__20211231_zR4l5bXIKIAk">If the employee remains in the employment of the Company until normal retirement
age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were
dismissed at that time.</span> The number of employees that will remain with the Company until retirement age is not known. The Company has provided
for the employees&#8217; retirement compensation liability which amounted to $<span id="xdx_902_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20211231_zpC9TuwpSm4a" title="Net defined benefit liability">114</span> as at December 31, 2021 (2020: $<span id="xdx_907_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20201231_zbj079E0Oypf" title="Net defined benefit liability">31</span>), calculated by using
the Projected Unit Credit Method and disclosed under non-current liabilities in the consolidated statement of financial position.</p>

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


<p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_zIxUNzYr2aX2" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.20&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_862_zTiEkMkMe0t4">Offsetting of financial assets and liabilities:</span> </b>Financial assets and liabilities are offset and
the net amount is presented in the consolidated financial position only when the Company has a legally enforceable right to set off the
recognised amounts and intend either to settle such asset and liability on a net basis or to realize the asset and settle the liability
simultaneously.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_zvPmReIibgzi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.21&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zHUN84GpQmN7">Financial assets and liabilities:</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b><span>&#160;</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>i. Classification and measurement of
financial assets and financial liabilities</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Under IFRS 9, on initial recognition, a financial
asset is classified as measured at: amortized cost; fair value through other comprehensive income (FVOCI) - debt investment; FVOCI - equity
investment; or fair value through profit or loss (FVTPL). The classification of financial assets under IFRS 9 is generally based on the
business model in which a financial asset is managed and its contractual cash flow characteristics.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset is measured at amortized
cost if it meets both of the following conditions and is not designated as at FVTPL:	</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">it is held within a business model whose objective is to hold assets to collect
contractual cash flows; and</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A debt investment is measured at FVOCI if
it meets both of the following conditions and is not designated as at FVTPL:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">it is held within a business model whose objective is achieved by both collecting
contractual cash flows and selling financial assets; and</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table>

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

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

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



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

<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>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">All financial assets not classified as measured
at amortized cost or FVOCI as described above are measured at FVTPL. On initial recognition, the Company may irrevocably designate a financial
asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly
reduces an accounting mismatch that would otherwise arise.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset (unless it is a trade
receivable without a significant financing component that is initially measured at the transaction price) is initially measured at fair
value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition.</p>

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>ii. Impairment of financial assets</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">IFRS 9 replaced the &#8220;incurred loss&#8221;
model in IAS 39 with an &#8220;expected credit loss&#8221; (ECL) model. The  impairment model applies to financial assets measured
at amortized cost, contract assets and debt investments at FVOCI, but not to investments in equity instruments. Under IFRS 9, credit losses
are recognized earlier than under IAS 39.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The financial assets at amortized cost consist
of trade accounts receivable and cash and cash equivalents.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Under IFRS 9, loss allowances are measured
on either of the following bases:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">12-month ECLs: these are ECLs that result from possible default events within
the 12 months after the reporting date; and</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">lifetime ECLs: these are ECLs that result from all possible default events
over the expected life of a financial instrument.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">When determining whether the credit risk of
a financial asset has increased significantly since initial recognition and when estimating ECLs, the Company considers reasonable and
supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information
and analyses, based on the Company's historical experience and informed credit assessment and including forward-looking information.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company assumes that the credit risk on
a financial asset has increased significantly if it is more than 180 days past due.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company considers a financial asset to
be in default when:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the counterparty is unlikely to pay its contractual obligations to the Company
in full, without recourse by the Company to actions such as realising security (if any is held); or</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the financial asset is more than 1 year past due.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The maximum period considered when estimating
ECLs is the maximum contractual period over which the Company is exposed to credit risk.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">ECLs are a probability-weighted estimate of
credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between cash flows due to the
entity in accordance with the contract and cash flows that the Company expects to receive). ECLs are discounted at the effective interest
rate of the financial asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Loss allowances for financial assets measured
at amortized cost are deducted from the gross carrying amount of the assets.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>iii. Derecognition of financial assets
</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset (or, where applicable a
part of a financial asset or part of a group of similar financial assets) is derecognised where:</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the rights to receive cash flows from the asset have expired;</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the Company retains the right to receive cash flows from the asset, but has
assumed an obligation to pay them in full without material delay to a third party under a &#8220;pass-through&#8221; arrangement; or </span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the Company has transferred its rights to receive cash flows from the asset
and either (a) has transferred substantially all the risks and rewards of the assets, or (b) has neither transferred nor retained substantially
all the risks and rewards of the asset but has transferred control of the asset.</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 0 0 36pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Where the Company has transferred its rights
to receive cash flows from an asset and has neither transferred nor retained substantially all the risks and rewards of the asset nor
transferred control of the asset, the asset is recognised to the extent of the Company&#8217;s continuing involvement in the asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Continuing involvement that takes the form
of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount
of consideration that the Company could be required to repay.</p>

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

<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: 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>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>iv. Derecognition of Financial liabilities:
</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial liability is derecognised
when the obligation under the liability is discharged or cancelled or expires.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Where an existing financial liability is replaced
by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such
an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability and, the difference
in the respective carrying amounts is recognised in profit or loss.</p>

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


<p id="xdx_840_ecustom--DescriptionOfAccountingPolicyForLesseeExplanatory_zFXkscLNbT8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.22&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_867_z5DQJ8kPzel6">Leases:</span></b> IFRS 16 sets out the principles
for the recognition, measurement, presentation and disclosure of leases for both parties to a contract, i.e. the customer (&#8220;lessee&#8221;)
and the supplier (&#8220;lessor&#8221;). The new standard requires lessees to recognize most leases on their financial statements. Lessees
will have a single accounting model for all leases, with certain exemptions. Lessor accounting is substantially unchanged.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company has initially adopted IFRS
16 on January 1, 2019 using the modified retrospective approach. On transition, the Company has elected
to apply the practical expedients available for leases with a remaining lease term of less than one year and leases of low value assets.</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 0 0 18pt; text-align: justify"><b>Leases &#8211; where
the Company is the lessee: </b>The Company applies a single recognition and measurement approach for all leases, except for short term
leases and leases of low value assets. The Company recognizes lease liabilities to make payments and right of use assets representing
the right of use of the underlying asset. The Company recognises right-of-use assets at the commencement date of the lease (i.e., the
date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment
losses and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities
recognised, initial direct costs incurred and lease payments made at or before the commencement date less any lease incentives received.
Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the
assets. If ownership of the leased asset transfers to the Group at the end of the lease term or the cost reflects the exercise of a purchase
option, depreciation is calculated using the estimated useful life of the asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At the commencement
date of the lease, the Company recognises lease liabilities measured at the present value of lease payments to be made over the lease
term. The lease payments include fixed payments (including any in-substance fixed payments) less any lease incentives receivable, variable
lease payments that depend on an index or a rate, and any amounts expected to be paid under residual value guarantees. The lease payments
also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating
the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an
index or a rate are recognised as expenses (unless they are incurred to produce inventories) in the period in which the event or condition
that triggers the payment occurs. In calculating the present value of lease payments, the Company uses its incremental borrowing rate
at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date,
the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition,
the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments
(e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the
assessment of an option to purchase the underlying asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At transition, the Company identified the
rental agreement with Cyberonica S.A., to give rise to a right of use asset and a corresponding liability estimated to approximately $<span id="xdx_905_eifrs-full--RightofuseAssets_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z9AbBlSwFKG9" title="Right of use asset"><span id="xdx_90B_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z7pV4OaHzYd9" title="Lease liability">674</span></span>
as at January 1, 2019, calculated as the present value of minimum future lease payments. The discount rate used is the incremental cost
of borrowing, amounting to <span id="xdx_90F_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_uPure_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zI3FLBpstUF1" title="Incremental cost of borrowing">8%</span>. In addition, the nature and recognition of expenses related to those leases changed as IFRS 16 replaced
the straight-line operating lease expense with a depreciation charge for right-of-use assets and interest expense on lease liabilities.</p>

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The depreciation charge for right-of-use
assets for the years ended December 31, 2021, 2020 and 2019 was approximately $<span id="xdx_907_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_z3fCD1NZ0sIk" title="Depreciation charge for right-of-use assets">206</span>, $<span id="xdx_90B_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zIfDJOHNgYb8" title="Depreciation charge for right-of-use assets">112</span> and $<span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_z4hR1dFbLNWk" title="Depreciation charge for right-of-use assets">112</span>, respectively, and the interest expense
on lease liabilities for the years ended December 31, 2021, 2020 and 2019 was approximately $<span id="xdx_900_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zuD61d0fjx92" title="Interest expense on lease liabilities">52</span>, $<span id="xdx_908_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zKsdife3jjHf" title="Interest expense on lease liabilities">44</span> and $<span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z78Y9wj4bEE7" title="Interest expense on lease liabilities">51</span>, respectively. As at December
31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $<span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zly0esYVT5B1" title="Right of use asset">888</span>, $<span id="xdx_909_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zLw2kFiO9Blf" title="Right of use asset">450</span> and $<span id="xdx_90C_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zSzZ4vvWdUy7" title="Right of use asset">562</span>, respectively.</p>

<p style="font: 10pt 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"><b/></p>


<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 35.45pt; text-align: justify"/>

<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>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

<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 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Leases &#8211; where
an entity is the lessor: </b>Leases of vessels where the entity does not transfer substantially all the risks and benefits of ownership
of the vessel are classified as operating leases. Lease income on operating leases is recognised on a straight-line basis over the lease
term. Contingent rents are recognised as revenue in the period in which they are earned.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 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 includes crew expenses, maintenance and consumable costs and was approximately $<span id="xdx_90E_eifrs-full--DirectOperatingExpenseFromInvestmentProperty_pn3n3_c20210101__20211231_zkrPJClaJ5Kc">14,066</span>
for the year ended December 31, 2021. The lease component that is disclosed then is calculated as the difference between total
revenue and the non-lease component revenue and was approximately $<span id="xdx_908_ecustom--LeaseAndNonleaseComponents_pn3n3_c20210101__20211231_zRkMy0n0Bns2" title="Lease components">29,145</span>
for the year ended December 31, 2021.</p>

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


<p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForInsuranceContracts_zz9ZtK6Jv6ic" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.23&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86D_zdpgGDRdYwU5">Insurance:</span> </b>The Company recognizes insurance claim recoveries for insured losses incurred on damage
to vessels. Insurance claim recoveries are recorded, net of any deductible amounts, at the time the Company&#8217;s vessels suffer insured
damages. They include the recoveries from the insurance companies for the claims, provided there is evidence the amounts are virtually
certain to be received.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zwr68qxBjTbi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.24&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_zJQz0Vf18gPf">Share
based compensation:</span></b></span> <span style="font-size: 10pt; letter-spacing: -0.1pt">Globus operates equity-settled, share-based
compensation plans. The value of the service received in exchange of the grant of shares is recognized as an expense. The total amount
to be expensed over the vesting period is determined by reference to the fair value of the share awards at the grant date. The relevant
expense is recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding
impact in equity.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt">&#160;</span></p>


<p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_z0djqPQ7IxHl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.25&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_z9JIDTRbpXxd">Share
capital and Warrants</span></b></span><b><span style="font-size: 10pt; letter-spacing: -0.1pt">: </span></b><span style="font-size: 10pt; letter-spacing: -0.1pt">Common
shares and preferred shares are classified as equity. Incremental costs directly attributable to the issue of new shares are
recognised in equity as a deduction from the proceeds. The Company&#8217;s warrants meet the classification criteria as per IAS 32
and, accordingly, are classified in equity.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt">&#160;</span></p>

<p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForDividendsExplanatory_zz9AWkL1GALi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.26&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86E_zq2FNtLpfi19">Dividends</span></b></span><b><span style="font-size: 10pt; letter-spacing: -0.1pt">:
</span></b><span style="font-size: 10pt">Dividends to shareholders are recognised in the period in which the dividends are declared and
appropriately authorised and are accounted for as dividends payable until paid. </span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


<p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_zrOxRAxrX5L1" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.27&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zDWfjidU8mde">Fair
value measurement:</span></b></span> <span style="font-size: 10pt">The Company measures financial instruments, such as, derivatives and
non-financial assets at fair value at each reporting date. In addition, fair values of financial instruments measured at amortised cost
are disclosed in note 21. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction
to sell the asset or transfer the liability takes place either, a) in the principal market for the asset or the liability or b) in the
absence of a principal market, in the most advantageous market for the asset or liability both being accessible by the Company. The fair
value of an asset or a liability is measured using the assumptions that the market participants would use when pricing the asset or liability,
assuming that the market participants act in their best economic interest. A fair value measurement of a non-financial asset takes into
account the market participant&#8217;s ability to generate economic benefits by using the asset in its highest and best use or by selling
it to another market participant that would use the asset in its highest and best use. 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">The Company
uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 1: quoted
(unadjusted) prices in active markets for identical assets or liabilities.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 81pt; text-align: justify; text-indent: -45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 2: other
techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 3: techniques
which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">For assets
and liabilities that are recognised in the consolidated financial statements on a recurring basis, the Company determines whether transfers
have occurred between levels in the hierarchy by reassessing categorization at the end of each reporting period.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">The Company
engaged independent valuation specialists to determine the fair value of non-financial assets.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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; text-align: justify"/>



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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis
of Preparation and Significant Accounting Policies (continued)</b></span></p>

<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; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p id="xdx_843_ecustom--DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_zSImWYvBSWTf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.28&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zVKZw5zVO3gh">Current
versus non-current classification:</span></b></span> <span style="font-size: 10pt">The Company presents assets and liabilities in the
consolidated statement of financial position based on current/non-current classification.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">An asset as
current when it is:</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Expected
                                            to be realised or intended to be sold or consumed in a normal operating cycle </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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Held
                                            primarily for the purpose of trading </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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Expected
                                            to be realised within twelve months after the reporting 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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Cash
                                            or cash equivalent</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">All other
assets are classified as non-current.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">A liability
is current:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is expected to be settled in a normal operating cycle</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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is held primarily for the purpose of trading </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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is due to be settled within twelve months after the reporting 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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">There
                                            is no unconditional right to defer the settlement of the liability for at least twelve months
                                            after the reporting period.</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">All other
liabilities are classified as non-current.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


<p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_zkymjf2MieV5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.29&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zDgnmKMxFWo8">Embedded
Derivatives:</span></b></span> <span style="font-size: 10pt">An embedded derivative is a component of a hybrid contract that also includes
a non-derivative host, with the effect that some of the cash flows of the combined instrument vary in a way similar to a stand-alone
derivative. An embedded derivative is separated from the host contract if, and only if (IFRS 9.4.3.3):</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(a) the economic
characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(b) a separate
instrument with the same terms as the embedded derivative would meet the definition of a derivative; and</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(c) the hybrid
contract is not measured at fair value with changes in fair value recognised in profit or loss (i.e. a derivative that is embedded in
a financial liability at fair value through profit or loss is not separated).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


<p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForRestrictedCashExplanatory_zUtNdXhMEP17" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.30&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_865_zKTuhqngG5n3">Restricted
Cash:</span></b></span> <span style="font-size: 10pt">Restricted cash represents pledged cash deposits or minimum liquidity required to
be maintained under the Company's borrowing arrangements. In the event that the obligation to maintain such deposits is expected to be
terminated within the next twelve months, these deposits are classified as current assets. Otherwise they are classified as non-current
assets.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_znlQdGJxENbh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.31&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zrblGC9BKm51">Interest
Rate Swap:</span></b></span> <span style="font-size: 10pt">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, maximizing
the use of relevant observable inputs and minimizing the use of unobservable inputs. The valuation technique used for the Interest Rate
Swaps is the discounted cash flow (see also note 21). The Company has not designated these interest rate swaps for hedge accounting.</span></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 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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 0 0 18pt; text-align: justify"/>

<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 0 0 18pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">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 consolidated statement of financial position. In the event that the respective asset or liability is expected to be materialized
within the next twelve months, it is classified as current asset or liability. Otherwise, the respective asset or liability is classified
as non-current asset or liability.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">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;Gain/
(Loss) on derivative financial instruments&#8221; in the consolidated statement of comprehensive income/(loss). Realized gains or losses
resulting from interest rate swaps are recognized in profit or loss under &#8220;Gain / (Loss) on derivative financial instruments&#8221;
in the consolidated statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p id="xdx_84D_ecustom--DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_zcRWkx6ZZpC8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.32&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_864_zfTQ1QqCQD6h">Management
&amp; consulting fee income:</span></b></span> <span style="font-size: 10pt">The Company enters into consultancy agreements with other
companies for the purpose of providing consultancy services. For these services the Company receives a fee. The total income from these
fees is classified in the income statement component of the consolidated statement of comprehensive income/(loss) under management &amp;
consulting fee income.</span></p>

<p id="xdx_855_zLonc3dzj8Lb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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; 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; text-align: justify"/>

<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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract</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_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>22
<FILENAME>R8.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043293880">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_CashAndCashEquivalentsAbstract', window );"><strong>Cash and cash equivalents [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_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory', window );">Cash and cash equivalents and Restricted cash</a></td>
<td class="text"><p id="xdx_80B_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zfEdmTmD0iLc" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82E_zfiAEuie90da">Cash
and cash equivalents and Restricted cash</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the purpose
of the consolidated statement of financial position, cash and cash equivalents comprise the following:</span></p>

<p id="xdx_89A_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zXLA6UR6cbK2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Cash
and cash equivalents and Restricted cash</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20211231_z3KPcUedqvSk" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_492_20201231_zzwrMEQcEBDc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December
    31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify; width: 79%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-left: -20pt; font-weight: bold; text-align: right; padding-right: -20pt; width: 10%"><span style="font-size: 10pt">2021</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-indent: -30pt; padding-left: -20pt; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_407_eifrs-full--CashOnHand_iI_pn3n3_maCACEzwtA_zyv6CgiAfHT5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Cash on hand</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">25</span></td>


    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">13</span></td></tr>
  <tr id="xdx_40E_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzwtA_zEZVNgRgeDqj" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Cash at banks</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">45,188</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">19,024</span></td></tr>
  <tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzwtA_zMakVw2o22Ef" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">45,213</span></td>
    <td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">19,037</span></td></tr>
  </table>

<p id="xdx_8A3_zDoAguA1XbP5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">Cash
held in banks earns interest at floating rates based on daily bank deposit rates.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">The
fair value of cash and cash equivalents as at December 31, 2021 and 2020, was $<span id="xdx_90F_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_zMuoHIdccPK3">45,213
</span></span><span style="font-size: 10pt">and $<span id="xdx_90B_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20201231_z3SdOD1XvW9h">19,037</span></span><span style="font-size: 10pt">,
respectively. In addition, as at December 31, 2020, the Company had available undrawn amount of $<span id="xdx_90D_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--FirmentShippingIncMember_zvPw1KP1ROb1">14,200
</span></span><span style="font-size: 10pt">under the facility with Firment. The facility with Firment expired on October 31, 2021 (note
11).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"/>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2021 and 2020, the Company had pledged an amount of $<span id="xdx_90B_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zSluEbZdIK39">5,224
</span></span><span style="font-size: 10pt">and $<span id="xdx_905_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zuUyKKf4BlN8">2,066</span></span><span style="font-size: 10pt">,
respectively, in order to fulfil collateral requirements. The fair value of the restricted cash as at December 31, 2021 was $<span id="xdx_901_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_z2vTfEd54Hg">5,224</span></span><span style="font-size: 10pt">,
$<span id="xdx_905_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zxLqXdC6KNq5">3,576</span></span> <span style="font-size: 10pt">included
in non-current assets and $<span id="xdx_90A_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zeyerCs8d27f">1,648
</span></span><span style="font-size: 10pt">included in current assets. The fair value of the restricted cash as at December 31, 2020
was $<span id="xdx_900_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20201231_zudqRaeorac">2,066</span></span><span style="font-size: 10pt">,
$<span id="xdx_90D_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zpkmerqln9y7">1,250</span></span> <span style="font-size: 10pt">included
in non-current assets and $<span id="xdx_907_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zOnJlsdi8bR3">816
</span></span><span style="font-size: 10pt">included in current assets as at December 31, 2020. The cash and cash equivalents are held
with reputable bank and financial institution counterparties with high ratings.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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_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_DisclosureOfCashAndCashEquivalentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>R9.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043434472">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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>
</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_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory', window );">Transactions with Related Parties</a></td>
<td class="text"><p id="xdx_80A_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_z2geeTBMllhh" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">4.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_827_zwWYcHCRIJH9">Transactions with Related Parties</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
are the major transactions which the Company has entered into with related parties during the years ended December 31, 2021, 2020 and
2019:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In August 2006,
Globus entered into a rental agreement for 350 square metres of office space for its operations within a building owned by Cyberonica
S.A. (an affiliate of Globus&#8217;s chairman). In 2016 the Company renewed the rental agreement at a monthly rate of Euro <span id="xdx_902_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zNRzpQMSE7o">10,360
</span></span><span style="font-size: 10pt">(absolute amount) ($<span id="xdx_904_ecustom--MonthlyRentalExpense_pdn3_uUSD_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zTWzNXqCfsKc">11.9</span></span><span style="font-size: 10pt">)
with a lease period ending January 2, 2025. 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 leased by Cyberonica S.A. (an affiliate of Globus&#8217;s chairman) at a monthly
rate of Euro <span id="xdx_90F_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zWTv5EJJM8H1">26,000
</span></span><span style="font-size: 10pt">(absolute amount) with a lease period ending <span id="xdx_903_ecustom--LeaseExpirationDate_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zLNwcSYZiunf">August
4, 2024</span></span><span style="font-size: 10pt">. The previous rental agreement was terminated. The Company does not presently own
any real estate. During the years ended December 31, 2021, 2020 and 2019, the rent charged amounted to $<span id="xdx_90A_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zg7TFu46A647">242</span></span><span style="font-size: 10pt">,
$<span id="xdx_908_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zwSwHa8nheua">141
</span></span><span style="font-size: 10pt">and $<span id="xdx_907_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zSGltTAp1SRe">139</span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at
January 1, 2019, following the adoption of IFRS 16, the Company identified the rental agreement with Cyberonica S.A. to give rise to
a right of use asset and a corresponding liability estimated to approximately $<span id="xdx_90F_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_zPGyzhAQjA1j">674 </span></span><span style="font-size: 10pt">(please
refer to note 2.22). Under IFRS 16 the new contract comprises of two parts, a modification of the old lease and a new lease for the
extra space of 552 square meters, compared to the 350 square meters included in the previous rental agreement. The modification of
the previous rental agreement resulted to in $<span id="xdx_907_ecustom--CreditAdjustmentOfFinanceCost_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zHUElSDZPBml">39 </span></span><span style="font-size: 10pt">credit
adjustment classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest
and finance costs. The right of use asset and a corresponding liability of the modified part of the rental agreement was estimated
to approximately $<span id="xdx_908_eifrs-full--LeaseLiabilities_iI_pn3n3_c20210805__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_zWqoSsSLwh2d">380</span></span><span style="font-size: 10pt">.
For the additional 552 square meters that the Company are now leasing, the Company identified under IFRS 16 that the rental
agreement with Cyberonica S.A. gives rise to a right of use asset and a corresponding liability estimated to approximately $<span id="xdx_907_eifrs-full--LeaseLiabilities_iI_pn3n3_c20210805__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office552SquareMetersMember_zzGaR773N7nl">632</span></span><span style="font-size: 10pt">.
The depreciation charge for right-of-use asset for the years ended December 31, 2021, 2020 and 2019, was approximately $<span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zKcDYMgwWtui">206</span></span><span style="font-size: 10pt">,
$<span id="xdx_900_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zrTc1o9b4UU3">112 </span></span><span style="font-size: 10pt">and
$<span id="xdx_901_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_zsh4YkCa9Qrk">112</span></span><span style="font-size: 10pt">,
respectively, and was recognised in the income statement component of the consolidated statement of comprehensive income/(loss)
under depreciation. The interest expense on lease liabilities for the years ended December 31, 2021, 2020 and 2019, was
approximately $<span id="xdx_907_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_ziEUlHhgrrZb">52</span></span><span style="font-size: 10pt">,
$<span id="xdx_90E_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zG9Bxwq3zwHa">44 </span></span><span style="font-size: 10pt">and
$<span id="xdx_903_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z7U1xgYR9MG5">51</span></span><span style="font-size: 10pt">,
respectively, and recognised under interest expense and finance costs, respectively in the income statement component of the
consolidated statement of comprehensive income/(loss). The total cash outflows for leases for the years ended December 31, 2021,
2020 and 2019, were approximately $<span id="xdx_903_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zLVBz4fY9Cjj" title="Payment of lease liability - principal and Interest Paid">314</span></span><span style="font-size: 10pt">,
$<span id="xdx_909_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zNlvabRgfCf9" title="Payment of lease liability - principal and Interest Paid">229</span> </span><span style="font-size: 10pt">and
$<span id="xdx_908_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20190101__20191231_zivlSAPHEj0b" title="Payment of lease liability - principal and Interest Paid">47</span></span><span style="font-size: 10pt">,
respectively, and were recognised in the consolidated statement of cash flows under the Payment of lease liability &#8211;
principal and Interest Paid.</span></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; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at
December 28, 2015, Athanasios Feidakis assumed the position of Chief Executive Officer (&#8220;CEO&#8221;) and Chief Financial
Officer. On August 18, 2016, the Company entered into a consultancy agreement with an affiliated company (Goldenmare Limited) of its
CEO, Mr. Athanasios Feidakis, for the purpose of providing consulting services to the Company in connection with the Company&#8217;s
international shipping and capital raising activities, including but not limited to assisting and advising the Company&#8217;s CEO
at an annual fee of Euro <span id="xdx_904_ecustom--ConsultingFeesExpense_pip0_uEuro_c20160101__20160818__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zTxivcbMLuti">200,000 </span></span><span style="font-size: 10pt">(absolute
amount) (approx. <span id="xdx_908_ecustom--ConsultingFeesExpense_pn3n3_uUSD_c20160101__20160818__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zyMNYoaFSVi9">$224). </span></span><span style="font-size: 10pt">On
December 3, 2020, the Company agreed to increase the consultancy fees of Goldenmare Limited, from Euro 200,000 to Euro <span id="xdx_90C_ecustom--ConsultingFeesExpense_pip0_uEuro_c20200101__20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zLhLqpRM4x68">400,000 </span></span><span style="font-size: 10pt">(absolute
amount) per annum and additionally pay a one-time cash bonus of <span id="xdx_906_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pdn6_c20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zavf6HfU6cO9">$1.5 </span></span><span style="font-size: 10pt">million
to the CEO pursuant to his consultancy agreement, which has been paid. Specifically, in February 2021, the Company paid to the CEO
of Goldenmare Limited (Mr. Athanasios Feidakis) the amount of $<span id="xdx_902_ecustom--OneTimeCashBonusPayment_pn3n3_c20210101__20210228__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zdgdrSWUu4uj" title="One time cash bonus payment">1,000 </span></span><span style="font-size: 10pt">and
in September 2021 the remaining amount of $<span id="xdx_906_ecustom--RemainingOfOneTimeCashBonusPayment_pn3n3_c20210101__20210228__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zSCvKrqP9L7l" title="Remaining of one time cash bonus payment">500</span></span><span style="font-size: 10pt">.
In addition, in December 2021, the Company agreed to pay a one-time cash bonus of $<span id="xdx_906_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pdn6_c20220131__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zGtbxDdwBnia">1.5 </span></span><span style="font-size: 10pt">million
to Goldenmare Limited pursuant to the consultancy agreement, half of which is to be paid immediately and the other half during 2022,
if at the time of the payment Mr. Athanasios Feidakis remains CEO and the consultant has not terminated its consultancy agreement.
At the time of the filing of these Consolidated Financial Statements, none of the bonus approved in 2022 has been paid. The related
expense for the years ended December 31, 2021, 2020 and 2019, amounted to approx. $<span id="xdx_900_ecustom--ConsultingFeesExpense_pn3n3_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zr8uhJwCcPA6">1,216</span></span><span style="font-size: 10pt">,
$<span id="xdx_903_ecustom--ConsultingFeesExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zVo6csYfleDk">1,772 </span></span><span style="font-size: 10pt">and
$<span id="xdx_902_ecustom--ConsultingFeesExpense_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z1hgne9Em1jj">224</span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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; text-align: justify"/>



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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Transactions
with Related Parties (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On June 12,
2020, the Company entered into a stock purchase agreement and issued <span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zdCrRv4PaZ3b">50
</span></span><span style="font-size: 10pt">newly designated Series B Preferred Shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zlEJJQ0Cb32">0.001
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited, an affiliated company of its CEO, Athanasios Feidakis,
in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zbpqfGldr9e7">150</span></span><span style="font-size: 10pt">,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant
to a consultancy agreement. On July 27, 2020, the Company issued an additional <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zWVXPQlApk22">250
</span></span><span style="font-size: 10pt">of its Series B preferred shares to Goldenmare Limited in return for $<span id="xdx_904_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zcEe8z60Tk0b">150</span></span><span style="font-size: 10pt">.
The $<span id="xdx_904_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zYgYoMVztKu6">150
</span></span><span style="font-size: 10pt">was settled by reducing, on a dollar-for-dollar basis, the amount payable 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, which received fairness opinions from an independent financial
advisor.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On March 2,
2021, the Company entered into a stock purchase agreement and issued <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z7Z8xV7mr728">10,000
</span></span><span style="font-size: 10pt">Series B Preferred Shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zSFrsCP06vIi">0.001
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited in return for $<span id="xdx_90C_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zo72CUSKvbX9">130</span></span><span style="font-size: 10pt">,
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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_906_ecustom--VotingRights_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zAUVnT7MSlU5" style="font-size: 10pt">As
at December 31, 2021, and 2020, Goldenmare Limited owned <span id="xdx_909_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zuZsFzjZQ1qb">10,300</span> and <span id="xdx_90D_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zxsPgH36e428">300</span>, respectively, 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. 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020 and 2021, Mr. George Feidakis beneficially owned <span id="xdx_907_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_zZJsWCBjaxz6">0.4</span></span><span style="font-size: 10pt">%
and <span id="xdx_90F_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_zIHMzHsuH1ce">3.7</span></span><span style="font-size: 10pt">%,
respectively of Globus&#8217; shares. Mr. George Feidakis (father of Mr. Athanasios Feidakis) is also the chairman of the Board of Directors
of Globus.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In November
2018, Globus entered into a credit facility for up to $<span id="xdx_906_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zfgXeT566bNa">15,000
</span></span><span style="font-size: 10pt">with Firment Shipping Inc., an affiliate of the Company&#8217;s chairman, <span id="xdx_909_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zzOhvo9lcv7l">for
the purpose of financing its general working capital needs</span></span> <span style="font-size: 10pt">(&#8220;Firment Shipping Credit
Facility&#8221;). <span id="xdx_905_ecustom--CreditFacilityCollateraDescription_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z1trSGHxAsx5">The
Firment Shipping Credit Facility was unsecured and remained available until its final maturity date</span></span> <span style="font-size: 10pt">at
<span id="xdx_906_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zE58J7VSnCF1">October
31, 2021</span></span><span style="font-size: 10pt">, as amended. The Company had the right to draw-down any amount up to $15,000 or
prepay any amount in multiples of $<span id="xdx_90D_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zIDNE1Wr3kLe">100</span></span><span style="font-size: 10pt">.
Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest on drawn and outstanding amounts was charged
at <span id="xdx_904_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zH2VGqiq6Jnk">7%
</span></span><span style="font-size: 10pt">per annum and no commitment fee was charged on the amounts remaining available and undrawn.
Interest was payable the last day of a period of three months after the Draw-down Date, after this period in case of failure to pay any
sum due, a default interest of <span id="xdx_902_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zN5I2YNzqVr6">2%
</span></span><span style="font-size: 10pt">per annum above the regular interest was charged. Globus also had the right, in its sole
option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid interest under the Firment Shipping
Credit Facility into common stock. <span id="xdx_90A_ecustom--DebtInstrumentConversionPriceDescription_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zSzwyidxih85">The
conversion price should equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock
on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#8220;VWAP&#8221;)
over the pricing period multiplied by 80%, where the &#8220;Pricing Period&#8221; equals the ten consecutive trading days immediately
preceding the date on which the conversion notice was executed or, (ii) Two Hundred Eighty US Dollars ($280.00).</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On April 23,
2019, the Company converted to share capital, as per the conversion clause included in the Firment Shipping Credit Facility the outstanding
principal amount of $<span id="xdx_900_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zSKjQRIZOuA4">3,100
</span></span><span style="font-size: 10pt">plus the accrued interest of $<span id="xdx_905_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zXHbldfKSxfk">70
</span></span><span style="font-size: 10pt">at a conversion price of $<span id="xdx_908_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zHWfUApGv6Mk">280
</span></span><span style="font-size: 10pt">per share and issued <span id="xdx_907_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_ziPD6At2i0pd">11,322
</span></span><span style="font-size: 10pt">new common shares to Firment Shipping Inc. This conversion resulted to a gain of approximately
$<span id="xdx_90A_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zbmVIVOqP4Z3">117</span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></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"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the year
ended December 31, 2020, the Company recognized a loss on this derivative financial instrument amounting to $<span id="xdx_907_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z0Qa6kEVC0rd">189
</span></span><span style="font-size: 10pt">and for the year ended December 31, 2019, a gain on this derivative financial instrument
amounting to $<span id="xdx_904_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z361O1w6vYf8">135</span></span><span style="font-size: 10pt">,
which were classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statements component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On May 8, 2020
the Company entered into an Amended and Restated Agreement with Firment Shipping Inc. and converted the existing Revolving Credit Facility
to a Term Credit Facility, increased the available undrawn amount to $<span id="xdx_906_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pdn6_c20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zFecAJnQ5qoa">14.2
</span></span><span style="font-size: 10pt">million and extended the maturity date to <span id="xdx_906_eifrs-full--BorrowingsMaturity_c20200101__20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zcaTWJce2PVh">October
31, 2021</span></span><span style="font-size: 10pt">. As at December 31, 2020, there was an amount of $<span id="xdx_905_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zWrfQi0Lbto8">14,200
</span></span><span style="font-size: 10pt">available to be drawn under the Firment Shipping Credit Facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Transactions
with Related Parties (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On July 27,
2020, the Company repaid the total outstanding principal and interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_90B_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zDLAR3ClfIUf">863</span></span><span style="font-size: 10pt">.
Furthermore, the Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zUAe2UuYzTSa">220</span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss). The facility with Firment Shipping Inc. expired on <span id="xdx_900_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zveRL0grf5C8">October
31, 2021</span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020, the amount drawn and outstanding with respect to the Firment Shipping Credit Facility was $nil. For the year ended December
31, 2020 and 2019, Globus recognised interest expense of $<span id="xdx_909_eifrs-full--InterestExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zR6DUXV6M6tc">26
</span></span><span style="font-size: 10pt">and $<span id="xdx_900_eifrs-full--InterestExpense_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z7Tn6pXAB3h1">96</span></span><span style="font-size: 10pt">,
respectively classified in the income statement component of the consolidated statements of comprehensive income/(loss) under interest
expense and finance costs.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Firment
Shipping Credit Facility required that Athanasios Feidakis remain the Company&#8217;s Chief Executive Officer and that Firment Shipping
Inc. maintained at least a <span id="xdx_904_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pip0_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--RangeAxis__srt--MinimumMember_ztnlLgkfXP55">40%
</span></span><span style="font-size: 10pt">shareholding in Globus, other than due to actions taken by Firment Shipping Inc., such as
sales of shares. The Company received waivers from Firment Shipping Inc. in relation to the equity offerings completed during the year
ended December 31, 2020 (Note 11).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020, the Company was in compliance with the loan covenants of the Firment Shipping Credit Facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On July 15,
2021 Globus entered into a consultancy agreement with Eolos Shipmanagement S.A. 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_90A_ecustom--ConsultingFeesExpense_pp0p0_c20210101__20210715__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--EolosShipmanagementMember__ifrs-full--CapitalRequirementsAxis__custom--DailyRateMember_zL2Zu0pWvotj">1,000
</span></span><span style="font-size: 10pt">(absolute amount). The chairman of the board of Globus is the majority shareholder of Eolos
Shipmanagement.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm"><span style="font-size: 10pt">Compensation of Key Management
Personnel of the Company:</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">Compensation
to Globus non-executive directors is analysed as follows:</span></p>

<p id="xdx_899_ecustom--DisclosureOfCompensationOfNonExecutiveDirectors_zuhmoYScgar8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"><span style="font-size: 10pt">Transactions
with Related Parties - Compensation to the Company's Non-Executive Directors</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_491_20210101__20211231_z8LKDV7VcNDb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20200101__20201231_zWrxLTouhEc1" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20190101__20191231_zcQmOBjS3jCj" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For
    the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; width: 68%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_401_eifrs-full--DirectorsRemunerationExpense_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zaN0SewJMDK5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Directors&#8217; remuneration</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">145</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">143</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">147</span></td></tr>
  <tr id="xdx_409_ecustom--DirectorsCompensationSharebasedPayment_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zWod7FECBfFk" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Share-based payments (Note
    12)</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">40</span></td></tr>
  <tr id="xdx_403_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_mtKMPCzHgk_zEyj3MgNtpXl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">185</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">183</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">187</span></td></tr>
  </table>

<p id="xdx_8A7_zFreEnROXMZb" style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2021, and 2020, $<span id="xdx_900_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zllLcXIV4z9d">105
</span></span><span style="font-size: 10pt">and $<span id="xdx_908_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zUvUHJbEqZW5">80
</span></span><span style="font-size: 10pt">of the compensation to non-executive directors was remaining due and unpaid, respectively.
Amounts payable to non-executive directors are classified as trade accounts payable in the consolidated statements of financial position.</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Compensation
to the Company&#8217;s executive director is analysed as follows:</span></p>

<p id="xdx_89E_ecustom--DisclosureOfCompensationOfExecutiveDirector_z7B5GPyTvQ0a" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"><span id="xdx_8B9_zV3d3XQ3ySF1" style="font-size: 10pt">Transactions
with Related Parties - Compensation to the Company's Executive Director</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt; width: 68%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20210101__20211231_zOxZneWaMOj3" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20200101__20201231_zlkSKiE1RMfd" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20190101__20191231_zX645Zz3QyA2" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For
    the year ended December 31,</span></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
<tr id="xdx_40C_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_maKMPCzSqc_zdB6dfzwLEd6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Short-term employee benefits</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">1,216</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">1,772</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">224</span></td></tr>
<tr id="xdx_409_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_mtKMPCzSqc_zKgvHNZLsEMg" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,216</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,772</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">224</span></td></tr>
</table>

<p id="xdx_8AC_zTeWFKIyhOfj" style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December
31, 2021, and 2020, $<span id="xdx_902_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_z3MapVg9qIU2">985
</span></span><span style="font-size: 10pt">and $<span id="xdx_90C_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_zK1sfh3Wb3ue">1,739
</span></span><span style="font-size: 10pt">of the compensation to the executive director was remaining due and unpaid, respectively.</span></p>

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

<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"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfTransactionsBetweenRelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfTransactionsBetweenRelatedPartiesAbstract</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_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>24
<FILENAME>R10.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043319096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" 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_809_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_zg3loOLlqVl3" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82B_z1jkm5wkccih">Vessels,
net</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The amounts
in the consolidated statement of financial position are analysed as follows:</span></p>

<p id="xdx_89C_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_znXRMOxN6bih" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Vessels,
net - Consolidated Statement of Financial Position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="text-align: center; font-size: 12pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Vessels
    cost</span></td>
    <td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Vessels
    accumulated depreciation</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Dry
    docking costs</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Accumulated
    depreciation of dry-docking costs</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Net
    Book Value</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance
    at January 1, 2019</span></td>
    <td id="xdx_98A_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z7fHoWccciBh" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">179,427</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zSxnWGXT7ZVb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(97,280)</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCNRdg2Ydl0e" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">6,978</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zuQcNPoajvgb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance"><span style="font-size: 10pt">(5,375)</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVDOvqwr6rP9" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">83,750</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHtsiKnYqEg5" style="text-align: right"><span style="font-size: 10pt">54</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKxBsQpFcXvb" style="text-align: right"><span style="font-size: 10pt">622</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAR9JRlttEz6" style="text-align: right"><span style="font-size: 10pt">676</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td>
    <td id="xdx_984_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z13G4aA5zqy3" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(29,902)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAdz0OvDBUck" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(29,902)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zO8pn8qJDR4b" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(4,578)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zLEOkXj259Y6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(1,704)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zZZRFrFj5oDg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(6,282)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2019</span></td>
    <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zUuCvfukpfka" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">149,579</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za3bI2zLYk5k" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(101,858)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zMXfhOWLuJGj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">7,600</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zlt3oMjd6eeh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(7,079)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zvRIwZ9mnuY8" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">48,242</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z5McHP2XgTKg" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">18,028</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zI34FVYhbS29" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,283</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zIZkS4urANy1" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">22,311</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td>
    <td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zSylcLPvPZO8" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVeWixOgWec7" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_znAyGjzIDeN2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,253)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z475T4dsznR9" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(1,335)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z79uxbhAxBcg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,588)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2020</span></td>
    <td id="xdx_986_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zIoW0XzRxOW4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">162,992</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z6QpfqP7Rb35" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(104,111)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zL7uln2SBqdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">11,883</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQ7awIeMg6C7" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(8,414)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zSa1HNbh11g5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">62,350</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ7FEWrYMLLb" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">70,746</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zdp8BBFXGPz2" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,044</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zjjvv7hUoKwe" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">74,790</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zARsq5K5ht2l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,665)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zKePfsS2dj8l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,751)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zUoJtR5UIrgg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(6,416)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2021</span></td>
    <td id="xdx_98E_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zYIfODjQmcob" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">233,738</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zEliYqVVVZjf" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">(107,776)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDjrIyN9mjz3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">15,927</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQxuv8M7xxAh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">(11,165)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zNQT9UksXrVd" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">130,724</span></td></tr>
  </table>

<p id="xdx_8A3_zFsrJsFy7hBh" style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
October 29, 2020, the Company took delivery of the m/v &#8220;Galaxy Globe&#8221;, a <span id="xdx_907_ecustom--VesselYearBuilt_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zvYKelsv7pL8">2015</span></span><span style="font-size: 10pt">-built
<span id="xdx_90F_ecustom--VesselType_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zLjEc7jrtdm5">Kamsarmax
</span></span><span style="font-size: 10pt">dry bulk carrier, through its subsidiary, Serena Maritime Limited, for a purchase price of
$<span id="xdx_90C_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zA5WuWi2nrC9">18.4
</span></span><span style="font-size: 10pt">million, free of charter party, financed with available cash. The m/v &#8220;Galaxy Globe&#8221;
was built at the Hudong-Zhonghua Shipyard in China and has a carrying capacity of <span id="xdx_900_ecustom--VesselCapacity_uPure_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_z8l4xygn4gRj">81,167
</span></span><span style="font-size: 10pt">dwt. Following this acquisition, the fleet of Globus comprises of six dry bulk carriers with
a total carrying capacity of <span id="xdx_90C_ecustom--VesselCapacity_uPure_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryBulkCarriersMember_zY3a7DXMpmpc">381,738
</span></span><span style="font-size: 10pt">dwt. Upon the acquisition of the vessel, a total amount of $<span id="xdx_90E_ecustom--DryDockingCostCapitalised_pn3n3_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zPvnSwlLWV39">500
</span></span><span style="font-size: 10pt">was recorded as dry-docking component and is being amortized until the vessel&#8217;s next
scheduled survey to be performed in July 2023.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">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_903_ecustom--VesselYearBuilt_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zPqHXnYUhRJ8">2011</span></span><span style="font-size: 10pt">-built
<span id="xdx_900_ecustom--VesselType_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zBqRIUi2edZ9">Kamsarmax
</span></span><span style="font-size: 10pt">dry bulk carrier, for a purchase price of $<span id="xdx_908_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zxPseTvCsx82">16.2
</span></span><span style="font-size: 10pt">million. No initial dry-docking component has been recognized as the vessel underwent dry-docking
subsequent to her delivery. 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_zDOPKF8YiqI6">80,655
</span></span><span style="font-size: 10pt">dwt. On <span id="xdx_90B_ecustom--VesselDeliveryDate_dd_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zNAlQPmhuzIg">July
20, 2021</span></span><span style="font-size: 10pt">, the Company took delivery of the m/v &#8220;Nord Venus&#8221; that was renamed
to &#8220;Power Globe&#8221;.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">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_90B_ecustom--VesselYearBuilt_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zluUvDzMVUCe">2018</span></span><span style="font-size: 10pt">-built
<span id="xdx_905_ecustom--VesselType_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJD2m87LdjYa">Kamsarmax
</span></span><span style="font-size: 10pt">dry bulk carrier, for a purchase price of $<span id="xdx_90D_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zNragEZCVlcl">27
</span></span><span style="font-size: 10pt">million, the vessel cost amounted to $<span id="xdx_902_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zjpG24DZ8Dlk">26.4
</span></span><span style="font-size: 10pt">million, and the initial dry-docking component amounted to $<span id="xdx_90D_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zvyLfDBBjYji">0.6
</span></span><span style="font-size: 10pt">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_906_ecustom--VesselCapacity_uPure_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zK2py0wcZkj4">82,027
</span></span><span style="font-size: 10pt">dwt. On <span id="xdx_901_ecustom--VesselDeliveryDate_dd_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zAIUuXGY9kfh">June
9, 2021</span></span><span style="font-size: 10pt">, the Company took delivery of the m/v &#8220;Yangze 11&#8221; that was renamed to
&#8220;Diamond Globe&#8221;.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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_90D_ecustom--VesselYearBuilt_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zFNNzTRYMGb4">2015</span></span><span style="font-size: 10pt">-built
<span id="xdx_90D_ecustom--VesselType_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zCSoPymQZ5je">Kamsarmax
</span></span><span style="font-size: 10pt">dry bulk carrier, for a purchase price of $<span id="xdx_90A_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_znSJ0anqwoKj">28.4
</span></span><span style="font-size: 10pt">million, the vessel cost amounted to $<span id="xdx_908_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zfGI9J4rSZJ7">27.9
</span></span><span style="font-size: 10pt">million, and the initial dry-docking component amounted to $<span id="xdx_90F_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zj4oveQaCkJ">0.5
</span></span><span style="font-size: 10pt">million. The m/v &#8220;Peak Liberty&#8221; was built at Tsuneishi Zosen in Japan and has
a carrying capacity of <span id="xdx_90D_ecustom--VesselCapacity_uPure_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_z6HBXVEBgJci">81,837
</span></span><span style="font-size: 10pt">dwt. On <span id="xdx_907_ecustom--VesselDeliveryDate_dd_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zK6sUDQvOQl9">November
29, 2021</span></span><span style="font-size: 10pt">, the Company took delivery of the m/v &#8220;Peak Liberty&#8221; that was renamed
to &#8220;Orion Globe&#8221;.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">For
the purpose of the consolidated statement of comprehensive income/(loss), depreciation, as stated in the income statement component,
comprises the following:</span></p>

<p id="xdx_89F_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_zgtCJgGXvVIc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Vessels,
net - Consolidated Statement of Comprehensive Income/ (loss)</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20210101__20211231_zraSfuBEYdUh" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20200101__20201231_zbCXdF5py4v3" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20190101__20191231_zLP3VEpN4nO6" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_404_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_z4wU32uq9il5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Vessels depreciation</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">3,665</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">2,253</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">4,578</span></td></tr>
  <tr id="xdx_400_ecustom--DepreciationOfficeFurnitureAndEquipment_pn3n3_zP25u2But5nd" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation on office furniture and equipment</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">39</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">33</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">31</span></td></tr>
  <tr id="xdx_403_eifrs-full--DepreciationRightofuseAssets_pn3n3_z0nLcaSOuQ" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation of right of
    use asset</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">206</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">112</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">112</span></td></tr>
  <tr id="xdx_402_eifrs-full--DepreciationExpense_iT_pn3n3_zHMY9cPOCKFj" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt; width: 68%"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">3,910</span></td>
    <td style="font-weight: bold; text-align: left; width: 1%"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2,398</span></td>
    <td style="font-weight: bold; text-align: left; width: 1%"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">4,721</span></td></tr>
  </table>

<p id="xdx_8A5_z16QAKVQYOo3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company&#8217;s vessels, except the m/v Power, Diamond and Orion Globe, have been pledged as collateral to secure the bank loans discussed
in note 11.</span></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"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<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"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Vessels,
net (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Impairment
of non-financial assets:</b> The Company performed an impairment exercise as at March 31, 2020 on whether there were indicators that
a vessel(s) may be impaired and concluded that impairment indicators existed for all vessels. As at December 31, 2020, the Company performed
an assessment on whether there were indicators that a vessel(s) may be impaired and impairment indicators were identified for two of
the Company&#8217;s vessels. As impairment indicators were identified during 2020, discounted future cash flows for each vessel with
impairment indicators were determined and compared to the vessel&#8217;s carrying value. For the discount factor, the Company applied
the Weighted Average Cost of Capital rate that was calculated to be <span id="xdx_905_ecustom--WeightedAverageCostOfCapital_iI_pip0_c20201231_zlSN9q9tN2P4">4.06%
</span></span><span style="font-size: 10pt">as at December 31, 2020. The projected net discounted future cash flows for the first year
were determined by considering an estimated daily time charter equivalent based on the most recent blended (for modern and older vessels)
FFA (i.e. Forward Freight Agreements) time charter rate for the fiscal year 2021 for each type of vessel. For the remaining useful life
of the vessels, <span id="xdx_901_ecustom--TimePeriodConsidered_c20210101__20211231_zEUo07dFDj3j">the Company used the historical ten-year
blended average one-year time charter rates</span></span> <span style="font-size: 10pt">substituting for the year 2016 that was considered
as extreme values, with the year 2010. Expected outflows for scheduled vessels maintenance were taken into consideration as well as vessel
operating expenses assuming an average annual increase rate of <span id="xdx_909_ecustom--AssumptionOfExpectedRatesOfInflation_iI_pip0_c20211231_zXgMWaqrzlo6">1%
</span></span><span style="font-size: 10pt">based on the historical trend derived from actual results for the Company&#8217;s vessels
since their delivery under the Company&#8217;s technical management. The average time charter rates used were in line with the overall
chartering strategy, especially in periods/years of depressed charter rates; reflecting the full operating history of vessels of the
same type and particulars with the Company&#8217;s operating fleet (Supramax and Panamax vessels with a deadweight (&#8220;dwt&#8221;)
of over <span id="xdx_908_ecustom--VesselCapacity_uPure_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zPHll9kh4uz3">50,000
</span></span><span style="font-size: 10pt">and <span id="xdx_900_ecustom--VesselCapacity_uPure_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zlvnPTtqAkw">70,000</span></span><span style="font-size: 10pt">,
respectively) and they covered at least one full business cycle. Effective fleet utilization was assumed at <span id="xdx_90C_ecustom--AssumptionOfFleetUtilisationRate_iI_pip0_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zRDjXnqoczic">87%
</span></span><span style="font-size: 10pt">and <span id="xdx_90F_ecustom--AssumptionOfFleetUtilisationRate_iI_pip0_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zITo32aARqQh">90%
</span></span><span style="font-size: 10pt">(including ballast days) for the Supramaxes and the Panamaxes, respectively taking into account
the period(s) each vessel is expected to undergo her scheduled maintenance (dry-docking and special surveys), as well as an estimate
of the period(s) needed for finding suitable employment and off-hire for reasons other than scheduled maintenance, assumptions in line
with the Company&#8217;s expectations for future fleet utilization under the current fleet deployment strategy.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at March 31, 2020, the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized
an impairment loss of $<span id="xdx_90A_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20200101__20201231_zBzFoRLdm8H2">4,615</span></span><span style="font-size: 10pt">.
As at December 31, 2020, the Company concluded that no additional impairment loss should be recognized. As at December 31, 2019, the
Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized an impairment loss
of $<span id="xdx_909_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20190101__20191231_zgDHKFdVzR6a">29,902</span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, the Company performed an assessment on whether there were indicators that a vessel(s) may be impaired and no impairment
indicators were identified for the Company&#8217;s vessels.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
impairment loss for the years ended December 31, 2020 and 2019, analysed by vessel is as follows:</span></p>

<p id="xdx_89D_eifrs-full--DisclosureOfImpairmentOfAssetsExplanatory_zWaZBld2cazd" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Vessels,
net - Impairment loss</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49B_20200101__20201231_zBNzYuBaZcDg" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20190101__20191231_zKrKjAW40Ffc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Vessel</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_406_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVRiverGlobeMember_z6MtUToEPs9e" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v River Globe</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">(332)</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">(6,920)</span></td></tr>
  <tr id="xdx_40C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSkyGlobeMember_zGwb8tahaA4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Sky Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(1,231)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(8,074)</span></td></tr>
  <tr id="xdx_40B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVStarGlobeMember_zGohHj5i1EN7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Star Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(460)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(7,197)</span></td></tr>
  <tr id="xdx_401_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSunGlobeMember_zXP9Oruikkx9" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Sun Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(2,013)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(4,797)</span></td></tr>
  <tr id="xdx_404_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVMoonGlobeMember_zEzZt7G6hq7e" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Moon Globe</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(579)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(2,914)</span></td></tr>
  <tr id="xdx_403_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_zDSeisBJIKe9" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment
    loss</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">(4,615)</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">(29,902)</span></td></tr>
  </table>

<p id="xdx_8A5_zDtHtV8i89hj" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Reversal
of previously recognized impairment:</b> The Company also assesses whether there is any indication that a previously recognized impairment
loss for a vessel no longer exists or may have decreased. If an indication of possible reversal is identified, the Company estimates
the recoverable amount of that asset. Such reversal indicators are:</span></p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"/><td style="width: 18pt"><span style="font: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt">Observable
                                            indications that the vessel&#8217;s value has increased significantly and will be sustained.                                            </span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 78pt; text-align: justify; text-indent: -18pt"/>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"/><td style="width: 18pt"><span style="font: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt">Significant
                                            favourable changes in the technological, economic or legal environment incurred or are expected
                                            to be incurred and positively affect vessel&#8217;s value or increase its revenue generating ability.
                                            </span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 60pt"/><td style="width: 18pt"><span style="font: 10pt Wingdings">&#216;</span></td><td style="text-align: justify"><span style="font-size: 10pt">Market interest rates of return on investments have decreased during
                                                                                                          the period, which will result in decrease of the discount rate.</span> </td></tr></table>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 78pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company has assessed current market trends as well as the historical market data, historical market volatility and various qualitative
factors and concluded that no indicators for reversal of impairment were present as of December 31, 2021 and no reversal of previously
recognized impairment losses  is required for the financial year ended December 31, 2021.<span style="font-family: Times New Roman, Times, Serif">&#160;&#160;</span></span></p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<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"/>



<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>

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

<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_DisclosureOfPropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfPropertyPlantAndEquipmentAbstract</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_DisclosureOfPropertyPlantAndEquipmentExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entire disclosure for 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> -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>
<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_DisclosureOfPropertyPlantAndEquipmentExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>25
<FILENAME>R11.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040270920">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Inventories<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ClassesOfInventoriesAbstract', window );"><strong>Classes of current inventories [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_ifrs-full_DisclosureOfInventoriesExplanatory', window );">Inventories</a></td>
<td class="text"><p id="xdx_801_eifrs-full--DisclosureOfInventoriesExplanatory_zUVmAJHHg4U8" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_824_zRPlAGUPAfT5">Inventories</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Inventories
in the consolidated statement of financial position are analysed as follows:</span></p>

<p id="xdx_890_ecustom--DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_zBvDVcIaXPO1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Inventories</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_490_20211231_zFfN39VvKtO" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_497_20201231_zzp0htjPn35c" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_403_ecustom--LubricantsInventoryCurrent_iI_pn3n3_zQSgjjEhYfJe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">765</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">319</span></td></tr>
  <tr id="xdx_404_ecustom--GasCylindersInventoryCurrent_iI_pn3n3_zTXHCnJikmcb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Gas cylinders</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">87</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">75</span></td></tr>
  <tr id="xdx_402_ecustom--BunkerInventoryCurrent_iI_pn3n3_d0_zi0e8s5Y4z22" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Bunkers</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">854</span></td></tr>
  <tr id="xdx_403_eifrs-full--Inventories_iTI_pn3n3_zecVZpC8sWTj" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">852</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,248</span></td></tr>
  </table>

<p id="xdx_8A8_zidun4NEbcDf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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


<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_ClassesOfInventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ClassesOfInventoriesAbstract</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_DisclosureOfInventoriesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entire disclosure for 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> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS02_g36-39__IAS02_g36-39_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_DisclosureOfInventoriesExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>26
<FILENAME>R12.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040303192">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade accounts payable<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_TradeAndOtherPayablesAbstract', window );"><strong>Trade and other payables [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_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory', window );">Trade accounts payable</a></td>
<td class="text"><p id="xdx_806_eifrs-full--DisclosureOfTradeAndOtherPayablesExplanatory_zd3q2MErj1dl" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>7.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_824_zd5X3mVc82G9">Trade accounts payable</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Trade
accounts payable in the consolidated statement of financial position as at December 31, 2021 and 2020, amounted to $<span id="xdx_908_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_z4pQUdsEnTea">1,100
</span></span><span style="font-size: 10pt">and $<span id="xdx_90A_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zvee3kHuCXw5">4,758</span></span><span style="font-size: 10pt">,
respectively. Trade accounts payable are non-interest bearing.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfTradeAndOtherPayablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 trade and other payables. [Refer: Trade and other 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/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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory</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>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_ifrs-full_TradeAndOtherPayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_TradeAndOtherPayablesAbstract</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>27
<FILENAME>R13.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042262312">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Accrued liabilities and other payables<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_MiscellaneousCurrentLiabilitiesAbstract', window );"><strong>Miscellaneous current liabilities [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_ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory', window );">Accrued liabilities and other payables</a></td>
<td class="text"><p id="xdx_80C_eifrs-full--DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_zpyipD8jcrka" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>8.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_826_zOwv6wV6VN5a">Accrued liabilities and other payables</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 48pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Accrued
liabilities and other payables in the consolidated statement of financial position are analysed as follows:</span></p>

<p id="xdx_897_ecustom--DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_zoroHg5UvBua" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Accrued
liabilities and other payables</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20211231_zdCcJyxt9qlg" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20201231_zIVemaZeRslh" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentInterestPayable_iI_pn3n3_d0_zX9glUBtpL1g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued interest</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">179</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--CurrentDebtInstrumentsIssued_iI_pn3n3_d0_zx3mvZKHeI63" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued Interest Swap Loss</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">30</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr id="xdx_402_ecustom--AccruedAuditFeesCurrent_iI_pn3n3_zyTFczQo5MWk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued audit fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">82</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">63</span></td></tr>
  <tr id="xdx_409_ecustom--OtherAccruals_iI_pn3n3_zaj6TuUpJead" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Other accruals</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">3,262</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,953</span></td></tr>
  <tr id="xdx_40B_ecustom--CurrentInsuranceDeductibles_iI_pn3n3_zufARPQH0Vn2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Insurance deductibles</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">64</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">96</span></td></tr>
  <tr id="xdx_405_eifrs-full--OtherCurrentPayables_iI_pn3n3_zRVu86OLIXU4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Other payables</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">59</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">47</span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iTI_pn3n3_z3asbh4diUWh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">3,676</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,159</span></td></tr>
  </table>


<p id="xdx_8A6_zBZKucHjwcT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>




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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">Interest on long-term debt is normally
settled quarterly throughout the year and other payables are non-interest bearing.</p>

<p style="font: 10pt 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"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 accrued expenses and other liabilities. [Refer: Accruals; Other 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 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory</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>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_ifrs-full_MiscellaneousCurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MiscellaneousCurrentLiabilitiesAbstract</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>28
<FILENAME>R14.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045046152">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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>
<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_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory', window );">Share Capital and Share Premium</a></td>
<td class="text"><p id="xdx_804_eifrs-full--DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_zaD1lXYdkxB" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_822_z0JQprxfkRvj">Share
Capital and Share Premium</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
authorised share capital of Globus consisted of the following:</span></p>

<p id="xdx_890_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zUvAjf3ckF1f" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
Capital and Share Premium - Authorised share capital</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">Authorised share capital:</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-left: 5.4pt"><span id="xdx_907_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_z9d6ExANIzXa" style="font-size: 10pt">500,000,000
    </span><span style="font-size: 10pt">Common shares of par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zP0R41ViD8x6">0.004
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_905_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zCGY0gRLhrN1" style="font-size: 10pt">2,000</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zOoyv3oOHN0c" style="font-size: 10pt">2,000</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zdTqEIR39qne" style="font-size: 10pt">2,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span id="xdx_901_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zSkKNmfI5d15" style="font-size: 10pt">100,000,000
    </span><span style="font-size: 10pt">Class B Common shares of par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zhVmJce0NXvd">0.001
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="text-align: right"><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zXrNeyO9Iv11" style="font-size: 10pt">100</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z3oicPSpfeAa" style="font-size: 10pt">100</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z841EScERD54" style="font-size: 10pt">100</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zTSORkBN0Lw" style="font-size: 10pt">100,000,000
    </span><span style="font-size: 10pt">Preferred shares of par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zckiiWoudAo8">0.001
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z6hPygQ597c8" style="font-size: 10pt">100</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziSRPpP34VJe" style="font-size: 10pt">100</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziddmN73zYd7" style="font-size: 10pt">100</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total authorised
    share capital</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231_zu2DY2a16NRh" style="border-bottom: Black 2pt double; font-size: 10pt">2,200</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_ziLyazTuqWui" style="font-size: 10pt">2,200</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231_zx7xuo0h0sbf" style="font-size: 10pt">2,200</span></td></tr>
  </table>

<p id="xdx_8AE_z1AqxXlbT8W1" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span id="xdx_901_ecustom--VotingRights_pid_c20210101__20211231_zEajxlGGkzA9" style="font-size: 10pt">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.</span> <span style="font-size: 10pt">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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

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



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

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

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

<p id="xdx_892_ecustom--DisclosureOfCommonSharesExplanatory_z2JYelF8EBQ9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
Capital and Share Premium - Common Shares issued and fully paid</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; font-weight: bold"><span style="font-size: 10pt">Common Shares issued and fully paid</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">USD</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">As at January 1, 2019</span></td>
    <td id="xdx_989_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zwesRThE3rEe" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">32,057</span></td><td style="width: 1%; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z8Exer38Eeik" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zxdysFpNSVel" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">180</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due
    to conversion of loan</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0x5c8aFYcaj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to conversion of loan"><span style="font-size: 10pt">19,998</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>

<tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">As at December 31, 2019</span></td>
    <td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zIXftKlqVRp5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">52,235</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zyQulkG2quR4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zNVgKSABIdo9" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">2,812</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due to conversion of
    loan</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znyKXxsKENr3" style="text-align: right" title="Issuance of common stock due to conversion of loan"><span style="font-size: 10pt">11,678</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-right: -10pt; padding-left: -10pt; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of new common stocks</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_ztItKhDc2DAj" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">2,942,848</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IssueOfEquity_pn3n3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z5w7UESBtuH9" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">12</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due to exercise of pre-funded
    warrants</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zdWldW39Exdc" style="text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">25,000</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock
    due to exercise of warrants</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zkHUT8HObtQ4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of warrants"><span style="font-size: 10pt">5,550</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">As at
    December 31, 2020</span></td>
    <td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zYljASJkjZ19" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">3,040,123</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z1asdDAD6E22" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">12</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znGaVvwYJmb5" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">12,178</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of new common stocks</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zu6wCtNsXGm3" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">14,905,000</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3Z1uRnePDic" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">60</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock
    due to exercise of pre-funded warrants</span></td>
    <td id="xdx_980_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zCXX0LbRhy0c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">2,625,000</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z35Mc9vVmCZ2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">10</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">As at
    December 31, 2021</span></td>
    <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zUfpnpgzGkrl" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">20,582,301</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zT6sVH4yoiIa" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">82</span></td></tr>
  </table>


<p id="xdx_8A7_z3PCRBfpcFK5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During
the years ended December 31, 2021, 2020 and 2019, Globus issued <span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zbfFmGTCYFSc">12,178</span></span><span style="font-size: 10pt">,
<span id="xdx_90B_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zmirN5Qr6ZQ4">2,812
</span></span><span style="font-size: 10pt">and <span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zu9IY7RgdbTh">180
</span></span><span style="font-size: 10pt">common shares, respectively (par value $<span id="xdx_90A_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zhhiepNtrHq9">0.004
</span></span><span style="font-size: 10pt">per share) as share-based payments.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">As
at December 31, 2021, 2020 and 2019, <span id="xdx_90A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zF25wF4fZj91">no</span>
</span><span style="font-size: 10pt">Class B shares were outstanding.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 12, 2020, the Company entered into a stock purchase agreement and issued <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zjcLU3WAMQE9">50
</span></span><span style="font-size: 10pt">of newly designated Series B Preferred Shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zoR7XtviC6E3">0.001
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited, a company controlled by the Chief Executive Officer, Athanasios
Feidakis, in return for $<span id="xdx_90B_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zk48L3V8H6Bd">150</span></span><span style="font-size: 10pt">,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant
to a consultancy agreement. On July 27, 2020, the Company issued an additional <span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zTlB25s875A5">250
</span></span><span style="font-size: 10pt">of its Series B preferred shares to Goldenmare Limited in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zYjmS69wcpw9">150</span></span><span style="font-size: 10pt">.
The $150 was settled by reducing, on a dollar-for-dollar basis, the amount payable 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, which received fairness opinions from an independent financial advisor.</span></p>

<p style="font: 9pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
March 2, 2021, the Company entered into a stock purchase agreement and issued <span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zF5aDufv2Cw8">10,000
</span></span><span style="font-size: 10pt">Series B Preferred Shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zlDACJrVmvz5">0.001
</span></span><span style="font-size: 10pt">per share, to Goldenmare Limited, a company controlled by the Company&#8217;s Chief Executive
Officer, Athanasios Feidakis, in return for $<span id="xdx_90E_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zkSm7GZEDupb">130</span></span><span style="font-size: 10pt">,
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, which received fairness opinions from an independent financial advisor.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
April 23, 2019, the outstanding principal amount of $<span id="xdx_905_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zq1QSt0MM7p5">3,100
</span></span><span style="font-size: 10pt">plus the accrued interest of $<span id="xdx_905_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zumpVBR53Oc2">70
</span></span><span style="font-size: 10pt">outstanding under the Firment Shipping Inc. Credit Facility was converted to share capital
at a conversion price of $<span id="xdx_90D_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zsVYnzO6UiNb">280
</span></span><span style="font-size: 10pt">per share and, accordingly, the Company issued <span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zJzrdwYtHaGi">11,322
</span></span><span style="font-size: 10pt">new common shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zwwXTIR57bi5">0.004
</span></span><span style="font-size: 10pt">per share, to Firment Shipping Inc.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During
the year ended December 31, 2019, an amount of approximately $<span id="xdx_907_eifrs-full--Borrowings_iI_pn3n3_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zwezJsDJvUO2">1,789</span></span><span style="font-size: 10pt">,
principal and accrued interest, under the senior convertible note (note 11) was converted to share capital and the Company issued <span id="xdx_909_eifrs-full--NumberOfSharesIssued_iI_pip0_uShares_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_ztDx44ayKJPc">8,676
</span></span><span style="font-size: 10pt">new common shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z9qDXLSf9NM7">0.004
</span></span><span style="font-size: 10pt">per share, to the holder of the senior convertible note.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During
the year ended December 31, 2020 and further to the conversion clause included into the Convertible Note (Note 11) an amount of approximately
$<span id="xdx_909_eifrs-full--Borrowings_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zIpoRC5eOuCk">1,168</span></span><span style="font-size: 10pt">,
principal and accrued interest, was converted to share capital at a conversion price of $<span id="xdx_906_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zcVyYh6eK4qd">100
</span></span><span style="font-size: 10pt">per share and a total number of <span id="xdx_90F_eifrs-full--NumberOfSharesIssued_iI_pip0_uShares_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_za15PZGlnJ4">11,678
</span></span><span style="font-size: 10pt">new shares, par value $<span id="xdx_90E_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zlLMEs4tLAn1">0.004
</span></span><span style="font-size: 10pt">per share, were issued in name of the holder of the Convertible Note.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<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"/>



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

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 22, 2020, the Company issued <span id="xdx_90A_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200622_zQ3MDA64TDe7">342,857
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20211231_z6mYzhAmkwN9">0.004
</span></span><span style="font-size: 10pt">per share, in an underwritten public offering at a price of $<span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622_zQCUGa9mnUHe">35
</span></span><span style="font-size: 10pt">per unit. Each unit consisted of one common share and one Class A warrant to purchase one
common share and immediately separated upon issuance. In addition, the Company granted to the underwriter a 45-day option to purchase
up to an additional <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zLonRQAEqvf8">51,429
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90B_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zutbbvfUMlfj">0.004
</span></span><span style="font-size: 10pt">per share, (or pre-funded warrants in lieu thereof) and Class A warrants to purchase up to
<span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_z88cG5WY7yag">51,429
</span></span><span style="font-size: 10pt">common shares, at the public offering price less discounts and commissions. The underwriter
exercised its option and purchased <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zIWgMhOzkyte">51,393
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zrGzl7P5n84l">0.004
</span></span><span style="font-size: 10pt">per share and Class A warrants to purchase <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zJGufu85eFPi">51,393
</span></span><span style="font-size: 10pt">common shares. <span style="font-family: Times New Roman, Times, Serif">Each Class A warrant
is immediately exercisable for one common share at an exercise price of $<span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zRGW7BZn3MK3">35
</span></span></span><span style="font: 10pt Times New Roman, Times, Serif">per share and expires <span id="xdx_908_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_dc_uPure_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_z3o8GwstJSkk">five
</span></span><span style="font: 10pt Times New Roman, Times, Serif">years from issuance. Total proceeds amounted
to $<span id="xdx_90D_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zEtl0jBVSqgh">12,695
</span></span><span style="font: 10pt Times New Roman, Times, Serif">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021 and 2020, the Company had issued <span id="xdx_90A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zEAEI0OvVwW6">5,550
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zCg2nR7avtLe">0.004
</span></span><span style="font-size: 10pt">per share, pursuant to exercise of outstanding Class A Warrants, resulting to cash proceeds
of $<span id="xdx_90E_ecustom--ProceedsFromWarrantExercises_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zZfp7mo9UIL5">194</span></span><span style="font-size: 10pt">,
and had <span id="xdx_90E_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_ztlapEhAfvk8">388,700
</span></span><span style="font-size: 10pt">Class A Warrants outstanding to purchase an aggregate of <span id="xdx_902_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zqRZHRLq6iX">388,700
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zfziXzlBcUSg">0.004
</span></span><span style="font-size: 10pt">per share.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 96.4pt; text-align: justify; text-indent: -25.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 30, 2020, the Company issued <span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zOWhFIOSzxrl">458,500
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zr98YvSbuT64">0.004
</span></span><span style="font-size: 10pt">per share, in a registered direct offering and warrants (&#8220;PP Warrants&#8221;) to purchase
<span id="xdx_909_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zxOj4ZAo4Tj3">458,500
</span></span><span style="font-size: 10pt">common shares in a concurrent private placement for a purchase price of $<span id="xdx_90F_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zqdnNoDcNR39">27
</span></span><span style="font-size: 10pt">per common share and PP Warrant. The warrants were exercisable upon issuance and had an exercise
price of $<span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--TopOfRangeMember_zoEBuyA6aIJg">30
</span></span><span style="font-size: 10pt">per share, subsequently reduced to $<span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--BottomOfRangeMember_zVKaiVHgagJ6">18
</span></span><span style="font-size: 10pt">per share. Total proceeds amounted to $<span id="xdx_90C_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zf4JBUVY9Yv">11,513
</span></span><span style="font-size: 10pt">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
July 21, 2020, the Company issued <span id="xdx_90F_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zqgDsG20wy4h">833,333
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zxRNZD5XRGmh">0.004
</span></span><span style="font-size: 10pt">per share, in a registered direct offering and PP Warrants to purchase <span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zVNsQBkBXJe6">833,333
</span></span><span style="font-size: 10pt">common shares in a concurrent private placement for a purchase price of $<span id="xdx_904_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zAtSWm586rag">18
</span></span><span style="font-size: 10pt">per common share and PP Warrant. The exercise price of each PP Warrant was $<span id="xdx_903_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zDwhkNlvBqdh">18
</span></span><span style="font-size: 10pt">per share. Concurrently with this offering the exercise price of the PP Warrants issued on
June 30, 2020, were reduced to $18 per share. Total proceeds amounted to $<span id="xdx_909_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zwV59MVdjnf5">13,950
</span></span><span style="font-size: 10pt">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
PP 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
resale of the common shares underlying the private placement warrants under the Securities Act is not effective or available at any time
after the six month anniversary of the date of issuance of the private placement warrants, the holder may, in its sole discretion, elect
to exercise the private placement 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021 and 2020, no PP Warrants had been exercised and the Company had <span id="xdx_906_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zU7Q9R1kGT05">1,291,833
</span></span><span style="font-size: 10pt">PP Warrants outstanding to purchase an aggregate of <span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_z1RMP7uAsiud">1,291,833
</span></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
December 10, 2020, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
in a registered direct offering to issue (a) <span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_ziqTzD0G9SBh">1,256,765
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z8oMg2UaNrIh">0.004
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zgBgxcB56V0k">155,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z496brkb2TUj">0.004
</span></span><span style="font-size: 10pt">per share, (&#8220;December 2020 Pre-Funded Warrants&#8221;), and (c) warrants (&#8220;December
2020 Warrants&#8221;) to purchase <span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zOcc1xKEsMuf">1,270,587
</span></span><span style="font-size: 10pt">common shares with an exercise price of $<span id="xdx_90D_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_z2cLsCooLPY4">8.50
</span></span><span style="font-size: 10pt">per share. On December 9, 2020, the Company issued <span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z4E5zcjkFWn8">1,256,765
</span></span><span style="font-size: 10pt">of its common shares, par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zXO6Vz8XInj9">0.004
</span></span><span style="font-size: 10pt">per share, pursuant to this agreement. Total proceeds amounted to $<span id="xdx_900_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20200101__20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zrRNXExOcHxb">11,159
</span></span><span style="font-size: 10pt">before issuance expenses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
December 2020 Pre-Funded Warrants are exercisable at any time after their original issuance until exercised in full. The Pre-Funded 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. The exercise price for the
December 2020 Pre-Funded Warrants is $<span id="xdx_903_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zeCTnDkgs0g4">0.01
</span></span><span style="font-size: 10pt">per share. The December 2020 Pre-Funded Warrants are exercisable at any time after their
original issuance until exercised in full.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2020, 25,000 December 2020 Pre-Funded Warrants had been exercised, resulting to net proceeds of $<span id="xdx_908_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zKEPdz1uXpQ9">0.25
</span></span><span style="font-size: 10pt">and the Company had <span id="xdx_900_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zGUVJXuVVqk5">130,000
</span></span><span style="font-size: 10pt">December 2020 Pre-Funded Warrants outstanding to purchase an aggregate of <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zATv0RB9PN64">130,000
</span></span><span style="font-size: 10pt">common shares. On January 13, 2021, the remaining 130,000 December 2020 Pre-Funded Warrants
were exercised, resulting to net proceeds of $<span id="xdx_904_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_z9CRV003Bm19">1.3
</span></span><span style="font-size: 10pt">and the issuance of <span id="xdx_904_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zXKUvvpuCSS9">130,000
</span></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"/>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
December 2020 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.</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"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021 and 2020, no December 2020 Warrants had been exercised and the Company had December 2020 Warrants outstanding to
purchase an aggregate of <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zxbnfJSOnXh6">1,270,587
</span></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Total
transaction costs for the issuance of common shares in relation to the offerings in 2020 amounted to $<span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20200101__20201231_zFZmYrKl35h7">1,079</span></span><span style="font-size: 10pt">.</span></p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
January 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
(a) <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z7wExpKYcARd">2,155,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zS2pQJBlnXyb">0.004
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z1wcSMusaTKe">445,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zMxSxRHMNTvl">0.004
</span></span><span style="font-size: 10pt">per share and (c) warrants (the &#8220;January 2021 Warrants&#8221;) to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_z3e1dgIeuAh8">1,950,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zoBviiT0X7Ml">0.004
</span></span><span style="font-size: 10pt">per share, at an exercise price of $<span id="xdx_90E_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zpi422272DFe">6.25
</span></span><span style="font-size: 10pt">per share. Total proceeds, net of commission retained by the placement agent, amounted to
$<span id="xdx_90B_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zAxiZ87DQG5g">15,108</span></span><span style="font-size: 10pt">,
before issuance expenses of $<span id="xdx_906_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zrJmNGHHwnKj">120</span></span><span style="font-size: 10pt">.
All 445,000 pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_90F_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zHdJTlxTbbZ3">5</span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, no January 2021 Warrants had been exercised and the Company had January 2021 Warrants outstanding to purchase an
aggregate of <span id="xdx_901_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210131__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zz0zEpIRyLhf">1,950,000
</span></span><span style="font-size: 10pt">common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
February 17, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
(a) <span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_za0gcx15yQY6">3,850,000
</span></span><span style="font-size: 10pt">common shares par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zOfPQyiJC4Oa">0.004
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zHsjOvEZX5y2">950,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNYMXgTxEaOa">0.004
</span></span><span style="font-size: 10pt">par value, and (c) warrants (the &#8220;February 2021 Warrants&#8221;) to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zKws5rsMjbZd">4,800,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_903_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_z4oUQ0UWPTDg">0.004
</span></span><span style="font-size: 10pt">per share, at an exercise price of $<span id="xdx_90B_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zJU77mo7ugjb">6.25
</span></span><span style="font-size: 10pt">per share. Total proceeds, net of commission retained by the placement agent, amounted to
$<span id="xdx_90F_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zIqd0A48ajc8">27,891</span></span><span style="font-size: 10pt">,
before issuance expenses of $<span id="xdx_90F_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z4ZGIQ0uYbXa">152</span></span><span style="font-size: 10pt">.
All 950,000 pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_901_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zHHsSerBTRZ4">10</span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, no February 2021 Warrants had been exercised and the Company had February 2021 Warrants outstanding to purchase
an aggregate of <span id="xdx_909_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210228__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_z8AIi2IcyUk6">4,800,000
</span></span><span style="font-size: 10pt">common shares.</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: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On
June 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue (a)
<span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zauW8AV2wQRl">8,900,000
</span></span><span style="font-size: 10pt">common shares par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zY2zmKKDJNY9">0.004
</span></span><span style="font-size: 10pt">per share, (b) pre-funded warrants to purchase <span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0iGU4XPuLF4">1,100,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zQmaZM9DQDs6">0.004
</span></span><span style="font-size: 10pt">par value, and (c) warrants (the &#8220;June 2021 Warrants&#8221;) to purchase <span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zB1dJpYxb85e">10,000,000
</span></span><span style="font-size: 10pt">common shares, par value $<span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_z3bi9XTsY8Di">0.004
</span></span><span style="font-size: 10pt">per share, at an exercise price of $<span id="xdx_906_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zG5vMvBWB1a7">5.00
</span></span><span style="font-size: 10pt">per share. Total proceeds, net of commission retained by the placement agent, amounted to
$<span id="xdx_904_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zQdgvusKyIE1">46,581</span></span><span style="font-size: 10pt">,
before issuance expenses of approximately $<span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z14ZcdMMP2Ve">129</span></span><span style="font-size: 10pt">.
As at September 30, 2021, 1,100,000 pre-funded warrants were exercised and the total proceeds amounted to $<span id="xdx_905_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zSTuAHEqzBL5">11</span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Share
Capital and Share Premium (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As
at December 31, 2021, no June 2021 Warrants had been exercised and the Company had June 2021 Warrants outstanding to purchase an aggregate
of <span id="xdx_90B_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zbUez92aegrf">10,000,000
</span></span><span style="font-size: 10pt">common shares.</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: 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"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Total
transaction costs for the issuance of common shares in relation to the offerings in 2021 amounted to $<span id="xdx_90F_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20211231_zYXSPfpzfjW">401</span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">The Company&#8217;s
warrants were classified as equity in accordance with the provisions of IAS 32.meet the classification criteria as per IAS 32 and, accordingly,
are classified in equity.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
premium includes the contribution of Globus&#8217; shareholders to the acquisition of the Company&#8217;s vessels. Additionally, share
premium includes the effects of the Globus initial and follow-on public offerings, the effects of the settlement of the related party
loans (note 4) with the issuance of the Company&#8217;s common shares and the effects of the share-based payments described in note 12.
Accordingly, at December 31, 2021, 2020 and 2019, Globus share premium amounted to $<span id="xdx_904_eifrs-full--SharePremium_iI_pn3n3_c20211231_zmd8UNjxrV5d">284,406</span></span><span style="font-size: 10pt">,
$<span id="xdx_90E_eifrs-full--SharePremium_iI_pn3n3_c20201231_zAmEKSOfFzk2">195,102</span></span> <span style="font-size: 10pt">and $<span id="xdx_90F_eifrs-full--SharePremium_iI_pn3n3_c20191231_zdgqzXhuwUU9">145,527</span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfClassesOfShareCapitalAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfClassesOfShareCapitalAbstract</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_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entire disclosure for share capital, reserves and other equity 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 IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<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&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_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>29
<FILENAME>R15.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043288568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings/(Loss) per Share<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_EarningsPerShareAbstract', window );"><strong>Earnings per share [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_ifrs-full_DisclosureOfEarningsPerShareExplanatory', window );">Earnings/(Loss) per Share</a></td>
<td class="text"><p id="xdx_803_eifrs-full--DisclosureOfEarningsPerShareExplanatory_zsHsrEjnWWad" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>10.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_826_zX7GG6WBpdgf">Earnings/(Loss) per Share</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Basic earnings
/ (loss) per share (&#8220;EPS&#8221; / &#8220;LPS&#8221;) is calculated by dividing the net income /(loss) for the year attributable
to Globus shareholders by the weighted average number of shares issued, paid and outstanding.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Diluted earnings
/ (loss) per share is calculated by dividing the net income / (loss) attributable to common equity holders of the parent by the weighted
average shares outstanding during the year plus the weighted average number of common shares that would be issued on the conversion of
all the 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/(losses) per share computation
unless such inclusion would be anti-dilutive.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As for the
year ended December 31, 2021, the securities that could potentially dilute basic EPS in the future are any incremental shares of
unexercised warrants (Note 9). As the warrants were out-of-the money during the period ended December 31, 2021, these were not
included in the computation of diluted EPS, because to do so would have anti-dilutive effect.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As the Company
reported losses for the years ended December 31, 2020 and 2019, the effect of any incremental shares would be antidilutive and thus excluded
from the computation of the LPS.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
reflects the net income/(loss) per common share:</span></p>

<p id="xdx_89E_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zNVwWusKx4O3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Earnings/(Loss)
per Share</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20210101__20211231_zzlmG8ShgMmd" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20200101__20201231_zTh0doZ8Mhtl" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_494_20190101__20191231_zlj4INfy5TXb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zB49Uqy71m2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Income/(Loss) attributable
    to common equity holders</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">14,950</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">(17,372)</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">(36,351)</span></td></tr>
  <tr id="xdx_408_eifrs-full--WeightedAverageShares_pn3n3_z5zPYX2EaSd1" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Weighted average number of shares
    &#8211; basic and diluted</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">14,809,536</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">959,157</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">41,622</span></td></tr>
  <tr id="xdx_401_ecustom--BasicAndDilutedEarningsLossPerShare_pip0_zNPIlQhkXVv1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Net income/(loss) per common
    share &#8211; basic and diluted</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">1.01</span></td><td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(18.11)</span></td><td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(873.36)</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p id="xdx_8A1_zNGZ2OBqISqd" style="font: 9pt Times New Roman, Times, Serif; margin: 0"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"/>

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



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfEarningsPerShareExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEarningsPerShareExplanatory</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>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_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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R16.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180077468808">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ifrs-full_DisclosureOfBorrowingsExplanatory', window );">Long-Term Debt, net</a></td>
<td class="text"><p id="xdx_802_eifrs-full--DisclosureOfBorrowingsExplanatory_zKuzJM0ADRD5" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_823_z0bZjnypm6s">Long-Term Debt, net</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt">Long-term
debt in the consolidated statement of financial position is analysed as follows:</span></p>


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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"/>

<p id="xdx_894_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_zorZdunRMSa3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Long-Term
Debt, net - Consolidated statement of financial position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; text-align: justify"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>Borrower</b></span></p></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Principal</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Deferred
    Finance costs</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Amortised cost</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 67%; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt"><b>(a)&#8239;Devocean Maritime LTD.,
    Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited</b></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zQddjpLTOJHk" style="width: 10%; text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,750</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zZlJFfOnTzLf" style="width: 10%; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt">(447)</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zJXL5ORciGda" style="width: 10%; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">31,303</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Total at December 31, 2021</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20211231_z9AIINpjmnhb" style="font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,750</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zEKdEmhtvTei" style="font-weight: bold; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt">(447)</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231_zlKhu7aJQQgc" style="font-weight: bold; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">31,303</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Less:
    Current Portion</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20211231_zkklLvwreT1g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt">(5,000)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zVq73IBLthKh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt">135</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20211231_z3xLu5acnSni" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt">(4,865)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-Term
    Portion</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20211231_zui5Lp9vbMdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt">26,750</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zTmZS0Az5V3g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt">(312)</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn3n3_c20211231_zhgm9xqkNS93" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt">26,438</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Total at December 31, 2020</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zr3SMbxwRMk3" style="font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">37,000</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_z99GJigbGFi2" style="font-weight: bold; text-align: right"><span style="font-size: 10pt">(448)</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--Borrowings_iI_pn3n3_c20201231_zEfgmDnFzxt6" style="font-weight: bold; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">36,552</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Less:
    Current Portion</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zcwCjj8ZvoLg" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt">(5,970)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zHyLflgYIx61" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt">305</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_zTiqa3lHJVWj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt">(5,665)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-Term
    Portion</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zajrXZcosd11" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt">31,030</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zniVWcEgDtwe" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt">(143)</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zVMLjd0W2Mme" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt">30,887</span></td></tr>
  </table>

<p id="xdx_8AD_zRj2nbI4eY9f" style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></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: 2%"><span style="font-size: 10pt"><b>(a)</b></span></td><td style="text-align: justify; width: 98%"><span style="font: 10pt Times New Roman, Times, Serif">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_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z0t5NVXDHEb">37,000
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">with
                                            EnTrust Global&#8217;s Blue Ocean Fund <span id="xdx_90B_ecustom--DescriptionOfBorrowingsScope_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zhS5nyDqTdfc">for
                                            the purpose of refinancing the existing indebtedness secured on the ships and for general
                                            corporate purposes</span></span><span style="font: 10pt Times New Roman, Times, Serif">.
                                            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
                                            is guaranteed by Globus. The loan facility bears interest at <span id="xdx_90A_eifrs-full--BorrowingsInterestRateBasis_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zebwEHm8Ro26">LIBOR
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">plus
                                            a margin of <span id="xdx_90A_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip0_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_ziNNE8GsKXYi">8.50%
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">(or
                                            <span id="xdx_90F_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8PPVskNC9Ba">10.5%
                                            </span></span><span style="font: 10pt Times New Roman, Times, Serif">default
                                            interest) for interest periods of three months. This loan facility was referred to as EnTrust
                                            loan facility.</span></td></tr></table>
<p style="text-align: justify"/><p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"/>

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

<p style="text-align: justify"><span style="font-size: 10pt">As at December 31, 2020, the Company was in compliance with the covenants
of the EnTrust Loan Agreement.</span></p>

<p style="text-align: justify"><span style="font-size: 10pt">In March 2021, the Company prepaid $<span id="xdx_902_ecustom--DebtInstrumentPrepaymentAmount_pdn6_c20210101__20210331__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_znjrTd2Fz54d">6</span></span><span style="font-size: 10pt">.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.</span></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; text-align: justify; text-indent: 0cm"/>

<table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 2%"><span style="font-size: 10pt"><b>(b)</b></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">In
                                            November 2018, Globus Maritime Limited entered into a credit facility for up to $<span id="xdx_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zecetcZZwue5">15,000
                                            </span></span><span style="font-size: 10pt">with Firment Shipping Inc., an affiliate of the
                                            Company&#8217;s chairman, <span id="xdx_907_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zQrGiCpPsxR6">for
                                            the purpose of financing its general working capital needs</span></span><span style="font-size: 10pt">.
                                            The Firment Shipping Credit Facility was unsecured and remained available until its final
                                            maturity date on <span id="xdx_90F_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zguqgW321m3f">October
                                            31, 2021</span></span><span style="font-size: 10pt">, as amended. The Company had the right
                                            to draw-down any amount of up to $15,000 or prepay any amount in multiples of $<span id="xdx_90C_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zD1cAvs4g1y4">100</span></span><span style="font-size: 10pt">.
                                            Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest
                                            on drawn and outstanding amounts was charged at <span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zV1f5qgTY9Wd">3.5%
                                            </span></span><span style="font-size: 10pt">per annum until December 31, 2020, and thereafter
                                            at <span id="xdx_904_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zLrqtOajUA5c">7%
                                            </span></span><span style="font-size: 10pt">per annum and no commitment fee was charged on
                                            the amounts remaining available and undrawn. Interest was payable the last day of a period
                                            of three months after the draw-down date, after this period in case of failure to pay any
                                            sum due, a default interest of <span id="xdx_90D_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zcnd1AWHqSN4">2%
                                            </span></span><span style="font-size: 10pt">per annum above the regular interest was charged.
                                            </span></td></tr></table>

<p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 20pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">Globus
also had the right, in its sole option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid
interest under the Firment Shipping Credit Facility into common stock. The conversion price would equal the higher of (i) the average
of the daily dollar volume-weighted average sale price for the common stock on the principal market on any trading day during the period
beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#8220;VWAP&#8221;) over the pricing period multiplied by <span id="xdx_908_ecustom--DebtInstrumentConvertibleConversionMultiplier_pip0_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zHifbJqljNb5">80%</span></span><span style="font-size: 10pt">,
where the &#8220;Pricing Period&#8221; equaled the ten consecutive trading days immediately preceding the date on which the conversion
notice was executed or (ii) Two hundred eighty US Dollars ($280).</span></p>

<p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">As
per the conversion clause included in the Firment Shipping Credit Facility, the Company had recognized this agreement as a hybrid financial
instrument which included an embedded derivative. This embedded derivative component was separated from 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 income statement component of the consolidated
statement of comprehensive income/(loss). For the year ended December 31, 2020, the amount drawn and outstanding with respect to Firment
Shipping Credit Facility was nil.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -25.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">On
April 23, 2019, the Company converted to share capital, as per the conversion clause included in the Firment Shipping Credit Facility
the outstanding principal amount of $<span id="xdx_90E_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zweUaZje17Fd">3,100
</span></span><span style="font-size: 10pt">plus the accrued interest of $<span id="xdx_909_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zmo0D0oi5phk">70
</span></span><span style="font-size: 10pt">at a conversion price of $<span id="xdx_902_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zrsCJIubVf3l">280
</span></span><span style="font-size: 10pt">per share and issued <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zTfSfrvHX6f5">11,322
</span></span><span style="font-size: 10pt">new common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zKAt0R7HX3n8">0.004
</span></span><span style="font-size: 10pt">per share, on behalf of Firment Shipping Inc. This conversion resulted to a gain of approximately
$<span id="xdx_90F_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zOZEZsKwNwce">117</span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"/>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">On
July 27, 2020, the Company repaid the total outstanding principal and interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_90B_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zzFxSL7x8Iei">863</span></span><span style="font-size: 10pt">.
The Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_908_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zDDVTGlac5tl">220</span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">As at December
31, 2020, there was an amount of $<span id="xdx_90B_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zX4IuifBFBih">14,200</span></span><span style="font-size: 10pt">,
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 existing Revolving Credit Facility to a Term Credit Facility and extended the maturity date to <span id="xdx_905_eifrs-full--BorrowingsMaturity_c20200101__20200508__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zlMXDqMgxJD1">October
31, 2021</span></span><span style="font-size: 10pt">. The facility with Firment Shipping Inc. expired on October 31, 2021.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The Firment
Shipping Credit Facility required that Athanasios Feidakis remained Chief Executive Officer and that Firment Shipping maintained at least
a <span id="xdx_902_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pip0_c20210101__20211231__ifrs-full--RangeAxis__srt--MinimumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zqjszusK01bl">40%
</span></span><span style="font-size: 10pt">shareholding in Globus, other than due to actions taken by Firment Shipping, such as sales
of shares. In connection with the public offering on June 22, 2020 and the registered direct offering on June 30, 2020, July 21, 2020,
December 7, 2020, January 27, 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.3pt; text-align: justify; text-indent: -25.55pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">As
at December 31, 2020, the Company was in compliance with the loan covenants of the Firment Shipping Credit Facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"/>

<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: 2%"><span style="font-size: 10pt"><b>(c)</b></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">On
                                            March 13, 2019, the Company signed a securities purchase agreement with a private investor
                                            and on the same date issued, in a transaction exempt from registration under the Securities
                                            Act of 1933, as amended (the &#8220;Securities Act&#8221;), for gross proceeds of $<span id="xdx_908_eifrs-full--DebtSecurities_iI_pn6n6_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zhjjy7nzhxVj">5
                                            </span></span><span style="font-size: 10pt">million, a senior convertible note (the &#8220;Convertible
                                            Note&#8221;) that is convertible into shares of the Company&#8217;s common stock, par value
                                            $<span id="xdx_90A_eifrs-full--ParValuePerShare_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zRpG21kVhUSh">0.004
                                            </span></span><span style="font-size: 10pt">per share. The Convertible Note provided for
                                            interest to accrue at <span id="xdx_90A_ecustom--DebtInstrumentInterestRateStatedPercentage_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zxlHkcxbrIVi">10%
                                            </span></span><span id="xdx_90A_ecustom--LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zuFaDnD7Qsm5" style="font-size: 10pt">annually</span><span style="font-size: 10pt">,
                                            which interest would originally 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.</span></td></tr></table>

<p style="font: 10pt 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"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">On March 13,
2020, Company and the holder of the Convertible Note entered into a waiver regarding the Convertible Note (the &#8220;Waiver&#8221;).
The Waiver waived the Company&#8217;s obligation to repay the Convertible Note on the existing maturity date of March 13, 2020 and did
not require the Company to repay the Convertible Note until March 13, 2021.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">As per
the conversion clause included in the Convertible Note, the Company had recognized this agreement as a hybrid financial instrument which
included an embedded derivative. This embedded derivative component was separated from 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 income statement component of the consolidated statement of
comprehensive income/(loss). The initial amount drawn with respect to the Convertible Note was $<span id="xdx_90E_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zfo8lj31vtJk">5,000</span></span><span style="font-size: 10pt">.
The non-derivative host and the derivative component that was initially recognized amounted to $<span id="xdx_903_ecustom--BorrowingsGross_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zcSTlMpSAQve">1,783
</span></span><span style="font-size: 10pt">and $<span id="xdx_904_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zRRjGPjTbU5f">3,217</span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">For the
year ended December 31, 2019, the Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zzFUnvd3bIal">1,815</span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">Further
to the conversion clause included into the Convertible Note for the year ended December 31, 2020, a total amount of approximately $<span id="xdx_909_eifrs-full--Borrowings_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zptxRI10GAZ8">1,168</span></span><span style="font-size: 10pt">,
principal and accrued interest, was converted to share capital at the conversion price of $<span id="xdx_90C_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zASF3mr4jeA3">100
</span></span><span style="font-size: 10pt">per share and a total number of <span id="xdx_90D_eifrs-full--NumberOfSharesIssued_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zZzhzghrK9we">11,678
</span></span><span style="font-size: 10pt">new shares, par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z66BpwC9wmR4">0.004
</span></span><span style="font-size: 10pt">per share, were issued in name of the holder of the Convertible Note. The Company recognized
a loss on this derivative financial instrument amounting to $<span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zQUis1fAt2Zh">1,343</span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"/>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">On May
8, 2020, the holder of the Convertible Note waived certain rights and temporarily reduced, until August 31, 2020, the amount the
noteholder would receive upon a redemption of the Convertible Note at the Company&#8217;s option, such that the Convertible Note
could have been redeemed at the Company&#8217;s option by paying the greater of (i) the aggregate amounts then outstanding pursuant
to the Convertible Note (rather than 120% of such amounts) and (ii) the product of (x) the number of shares issuable upon a
conversion of the Convertible Note (with respect to the amount being redeemed at the time) multiplied by (y) the greatest closing
sale price of the Company&#8217;s common shares on any trading day between the date immediately preceding the first such redemption
at the Company&#8217;s option and the trading day immediately prior to the final Company payment under the Convertible Note. The
foregoing was subject to the Company&#8217;s redemption of all or part of the Convertible Note in cash with an amount equal to the
lesser of (a) the aggregate amounts then outstanding pursuant to the Convertible Note and (b) 25% of the net proceeds of any public
offering of its securities that close before August 31, 2020.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">On June
25, 2020, the Company repaid the total outstanding principal and interest of the Convertible Note amounting to $<span id="xdx_90F_eifrs-full--RepaymentsOfBondsNotesAndDebentures_pn3n3_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zwz48LB40kz3">2,528</span></span><span style="font-size: 10pt">.
The Company recognized a loss on this derivative financial instrument amounting to $<span id="xdx_908_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zQZwO0XhbyT7">1,343</span></span><span style="font-size: 10pt">,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 2%"><span style="font-size: 10pt"><b>(d)</b></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">In
                                            May 2021, Globus Maritime Limited entered into&#160;a term loan facility with CIT Bank, N.A.,
                                            relating to the refinancing of the Company&#8217;s ships, the <i>River Globe</i>, <i>Sky
                                            Globe</i>, <i>Star Globe</i>, <i>Moon Globe</i>, <i>Sun Globe</i>, and <i>Galaxy Globe</i>.
                                            The borrowers under the CIT Loan Facility are Devocean Maritime Ltd., Domina Maritime Ltd,
                                            Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime
                                            Limited and the CIT Loan Facility is guaranteed by Globus Maritime Limited.<span style="font-family: Times New Roman, Times, Serif">&#160;</span></span></td></tr></table>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">The loan
agreement was for the lesser of $<span id="xdx_904_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z4vL8i4GGqi7">34,250
</span></span><span style="font-size: 10pt">and <span id="xdx_908_ecustom--PercentageOfCoverageOfBorrowingCapacity_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zuOlHT1gEfWf">52.5</span></span><span style="font-size: 10pt">%
of the aggregate market value of our ships. The Company drew an aggregate of $<span id="xdx_90A_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zbGFxwzN6UW5">34,250
</span></span><span style="font-size: 10pt">at closing and <span id="xdx_908_ecustom--DescriptionOfBorrowingsScope_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zgQFNY5HNBG9">used
a significant portion of the proceeds to fully repay the amounts outstanding under the loan agreement with EnTrust</span></span><span style="font-size: 10pt">.
The Company also entered into a swap agreement with respect to LIBOR. The Company paid CIT Bank an upfront fee in the amount of <span id="xdx_900_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember_zuHWJDVRDo6l">1.25</span></span><span style="font-size: 10pt">%
of the total commitment of the loan.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility consists of <span id="xdx_907_ecustom--NumberOfLoanTranches_iI_dc_uPure_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zu6VuveyBnkb">six
</span></span><span style="font-size: 10pt">tranches, which shall be repaid in <span id="xdx_906_ecustom--DebtInstrumentNumberOfRepaymentInstallments_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zd4heSYe2Fml">20
</span></span><span style="font-size: 10pt">consecutive <span id="xdx_90C_ecustom--BorrowingsFrequencyOfPeriodicPayment_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zCUWQgSn6Mi4">quarterly
</span></span><span style="font-size: 10pt">instalments with each instalment in an aggregate amount of $<span id="xdx_908_ecustom--BorrowingsPeriodicPayment_pdn6_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zOArjR146eGj">1.25
</span></span><span style="font-size: 10pt">million as well as a balloon payment in an aggregate amount of $<span id="xdx_901_ecustom--BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_iI_pdn6_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zdQxgvQ02MC8">9.25
</span></span><span style="font-size: 10pt">million due together with the 20th and final instalment due in <span id="xdx_907_eifrs-full--BorrowingsMaturity_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z9Mq8A36Z1O5">August
2026</span></span><span style="font-size: 10pt">.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility bears interest at <span id="xdx_902_eifrs-full--BorrowingsInterestRateBasis_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zfFeifv6biL5">LIBOR
</span></span><span style="font-size: 10pt">plus <span id="xdx_908_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zbX5dc5uYKPc">3.75</span></span><span style="font-size: 10pt">%
(or <span id="xdx_903_ecustom--BorrowingsDefaultInterestRate_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zlebmLjsk127">5.75</span></span><span style="font-size: 10pt">%
default interest). Following any permanent or indefinite cessation of any tenor for LIBOR used for purposes of the CIT Loan (or earlier
based on market conditions as notified by CIT Bank), LIBOR shall be replaced with SOFR as the benchmark rate, subject to certain exceptions.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility may be prepaid. If the prepayment occurs on or before May 10, 2022, the prepayment fee is <span id="xdx_90C_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeMay2022Member_zAEVwE3VcNr8">2</span></span><span style="font-size: 10pt">%
of the amount prepaid, subject to certain exceptions. If the prepayment occurs on or before May 10, 2023 but after May 10, 2022, the
prepayment fee is <span id="xdx_907_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeMay2023ButAfterMay2022Member_zoJstkfy2vWg">1</span></span><span style="font-size: 10pt">%
of the amount prepaid, subject to certain exceptions. The Company cannot reborrow any amount of the CIT Loan that is prepaid or repaid.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility is secured by:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 18pt; text-align: justify; text-indent: 0cm"/>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"/><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">First
                                            preferred mortgage over 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. </span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"/><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Guarantee
                                            from Globus Maritime Limited and joint liability of the six vessel owning companies (each
                                            of which is a borrower under the CIT Loan Facility).</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"/><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Shares
                                            pledges respecting each borrower.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 36pt"/><td style="width: 18pt"><span style="font: 10pt Courier New, Courier, Monospace">&#8226;</span></td><td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Pledges
                                            of bank accounts, a pledge of each borrower&#8217;s rights under any interest rate hedging
                                            agreement in respect of the CIT Loan Facility, a general assignment over each ship's earnings,
                                            insurances and any requisition compensation in relation to that ship, and an assignment of
                                            the rights of Globus with respect to any indebtedness owed to it by the borrowers.</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">We are not
permitted, without the written consent of CIT, to enter into a charter the duration of which exceeds or is capable of exceeding, by virtue
of any optional extensions, 12 months.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility contains various covenants requiring the vessels owning companies and/or Globus Maritime Limited to, among other things,
ensure that:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</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 0 0 21.3pt; text-align: justify"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: bold 10pt 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"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">The borrowers, must maintain
    a minimum liquidity at all times of not less than $500 for each mortgaged ship.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"/>

<table cellpadding="0" cellspacing="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">For the first 18 months
    of the utilization of the loan, a minimum loan to value ratio of 75% and thereafter 70%.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"/>

<table cellpadding="0" cellspacing="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Each borrower must maintain
    in its earnings account $150 in respect of each ship then subject to a mortgage.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"/>

<table cellpadding="0" cellspacing="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Globus Maritime Limited
    must maintain cash in an amount of not less than $150 for each ship that it owns that is not subject to a mortgage as part of the
    CIT Loan.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"/>

<table cellpadding="0" cellspacing="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Globus Maritime Limited
    must have a maximum leverage ratio of 0.75:1.00.</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"/>

<table cellpadding="0" cellspacing="0" style="width: 100%">
  <tr style="vertical-align: top">
    <td style="width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 24px"><span style="font: 10pt Times New Roman, Times, Serif">-</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">If Globus Maritime Limited
    pays a dividend, subject to certain exceptions, then the debt service coverage ratio (i.e., aggregate EBITDA of Globus Maritime Limited
    for any period to the debt service for such period) after such dividend and for the remain of the CIT Loan Facility shall be at least
    1.15:1.00.</span></td></tr>
  </table>

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


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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span id="xdx_904_ecustom--DebtSecuritiesCovenants_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z1hZp5WJZslj" style="font-size: 10pt">Each
borrower must create a reserve fund in the reserve account to meet the anticipated dry docking and special survey fees and expenses for
the relevant ship owned by it and (for certain ships) the installation of ballast water treatment system on the ship owned by it by maintaining
in the reserve account a minimum credit balance that may not be withdrawn (other than for the purpose of covering the documented and
incurred costs and expenses for the next special survey of that ship). Amounts must be paid into this reserve account quarterly, such
that $1.2 million is set aside by each borrower for its ship&#8217;s special survey, except for Serena Maritime Limited, who is required
to set aside quarterly payments that aggregate to $900.</span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">No borrower
shall incur or permit to be outstanding any financial indebtedness except &#8220;Permitted Financial Indebtedness.&#8221;</span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#8220;Permitted
Financial Indebtedness&#8221; means:</span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(a) any
financial indebtedness incurred under the finance documents;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(b) the
indebtedness under the EnTrust loan, which has been repaid;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(c) any
financial indebtedness (including permitted inter-company loans) that is subordinated to all financial indebtedness incurred under the
finance documents pursuant to a subordination agreement or, in the case of any permitted inter-company loans pursuant to the CIT Loan
Facility or otherwise and which is, in the case of any such financial indebtedness of a borrower (other than financial indebtedness arising
out of any permitted inter-company loan), the subject of subordinated debt security; and</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">(d) in relation
to a ship, any trade debt on arm's length commercial terms reasonably incurred in the ordinary course of owning, operating, trading,
chartering, maintaining and repairing that ship, which, (i) until 90 days from May 10, 2021 does not exceed $500 (or the equivalent in
any other currency) in aggregate in respect of that ship and remains unpaid; and (ii) on and from the date falling after 90 days from
May 10, 2021 is (x) up to $50 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid
for more than 90 days of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice,
the date on which that borrower becomes aware that the invoice is due and remains outstanding; and (y) is more than $50 and does not
exceed $500 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid for more than 30
days of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice, the date on which
that borrower becomes aware that the invoice is due and remains outstanding.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">Globus Maritime
Limited is prohibited from making dividends (other than up to $500 annually on or in respect of its preferred share) in cash or redeem
or repurchase its shares unless there is no event of default under the CIT Loan Facility, the net loan to value ratio is less than 60%
before the making of the dividend and Globus Maritime Limited is in compliance with the debt service coverage ratio, and Globus Maritime
Limited must prepay the CIT Loan Facility in an equal amount of the dividend.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT
Loan Facility also prohibits certain changes of control, including, among other things, the delisting of Globus from the Nasdaq or another
internationally recognized stock exchange, or the acquisition by any person or group of persons (acting in concert) of a majority of
the shareholder voting rights or the ability to appoint a majority of board members or to give directions with respect to the operating
and financial policies of Globus Maritime Limited with which the directors are obliged to comply, other than those persons disclosed
to CIT Bank on or around the date of the CIT Loan Facility and their affiliates and immediate family members.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"><span style="font-size: 10pt">The
Company was in compliance with the covenants of the CIT Loan Facility as at December 31, 2021.</span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/>

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

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2021, were as follows:</span></p>

<p id="xdx_893_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zyFA0PtuDsPc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Long-Term
Debt, net - Annual loan principal payments</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">December 31,</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">CIT Bank N.A.</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 89%; text-align: left"><span style="font-size: 10pt">2022</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zYWFc4vu6788" style="width: 10%; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="background-color: White; text-align: left"><span style="font-size: 10pt">2023</span></td><td style="background-color: White"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zml5EDhWREEe" style="background-color: White; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2024</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zADCER3sUdQl" style="text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">2025</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zd0bw2irEs3" style="text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2026 and thereafter</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z3Vfy4PWFOVc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"><span style="font-size: 10pt">11,750</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zJXsenQHf72c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,750</span></td></tr>
  </table>

<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; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2020, were as follows:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">December 31,</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">EnTrust</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 89%; text-align: left"><span style="font-size: 10pt">2021</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8mXKkbgJsBl" style="width: 10%; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,970</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">2022</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFscFkAs9sa4" style="text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,030</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2023 and thereafter&#160;&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z5PvstktrI7c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zn60yyhhzWbl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">37,000</span></td></tr>
  </table>

<p id="xdx_8A3_zf9vfqt7XZt" style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><span style="font-size: 10pt">The weighted average
interest rate for the years ended December 31, 2021 and 2020, was <span id="xdx_90E_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zQq9JhJl1l84">5.69%
</span></span><span style="font-size: 10pt">and <span id="xdx_906_eifrs-full--BorrowingsInterestRate_iI_pip0_c20201231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zYtcnEuzkZF6">9.44%</span></span><span style="font-size: 10pt">,
respectively.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfBorrowingsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfBorrowingsExplanatory</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>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_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfDetailedInformationAboutBorrowingsAbstract</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>31
<FILENAME>R17.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043269208">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Based Payment<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory', window );">Share Based Payment</a></td>
<td class="text"><p id="xdx_80D_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zSwzWZziB5s7" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">12.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_824_zlE8Ehypie0e">Share Based Payment</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Share-based
payments are quarterly restrictive shares issued to the Company&#8217;s Non-executive directors for their services and in accordance
with appointment letters.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">Share
based payment comprise the following:</span></p>

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

<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; text-indent: 1cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;</span></p>

<p id="xdx_890_ecustom--DisclosureOfShareBasedPayment_zlL6ehwzKwI1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -20pt; display: none; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;Share
Based Payment</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2021</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_z646aWwXrzid" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">12,178</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zjsvZJvh6O3d" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Balance at
    December 31, 2021</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zUoXFyNWGCfg" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">12,178</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zc33R6C2OHkk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">40</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2020</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zSul0sy4Zu03" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">2,812</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAZleSNK8Yil" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Balance
    at December 31, 2020</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zm3NuibzcUOl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,812</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zhXlBcruPZgk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">40</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2019</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zu0xPTbUmBsf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">180</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zDFrQZBsgtyf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Balance
    at December 31, 2019</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zK767zaNt0P7" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">180</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z6bm8mFhBP4c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">40</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<p id="xdx_8A7_zuxialTRYAk7" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt">&#160;</span></p>

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

<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>

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

<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_DisclosureOfSharebasedPaymentArrangementsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
</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>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_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract</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>32
<FILENAME>R18.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043293800">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Voyage Expenses and Vessel Operating Expenses<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [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_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory', window );">Voyage Expenses and Vessel Operating Expenses</a></td>
<td class="text"><p id="xdx_80D_eifrs-full--DisclosureOfOtherOperatingExpenseExplanatory_zSI1ScknWfIj" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>13.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_822_zvnK2UEfkZrf">Voyage Expenses and Vessel Operating Expenses</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">Voyage expenses
and vessel operating expenses in the consolidated statements of comprehensive income/(loss)&#8239;consisted of the following:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p id="xdx_890_ecustom--DisclosureOfVoyageExpenses_zA3ymnv2I439" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Voyage
Expenses and Vessel Operating Expenses - Voyage expenses</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -40pt; text-align: left; text-indent: 0.5in"><span style="font-size: 10pt"><b>&#8239;&#8239;&#8239;Voyage
expenses consisted of:</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20210101__20211231_z8GEQ90CXoEj" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49B_20200101__20201231_zvbB8VQMq6Oc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20190101__20191231_zS3HKpJs1AR1" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40A_eifrs-full--FeeAndCommissionExpense_pn3n3_maSEzQU5_z0wrQyvTkdJk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Commissions</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">626</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">160</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">224</span></td></tr>
  <tr id="xdx_40C_eifrs-full--FuelExpense_pn3n3_d0_maSEzQU5_zkS81mXKfBei" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Bunkers expenses</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">2,117</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,634</span></td></tr>
  <tr id="xdx_402_ecustom--OtherVoyageExpense_pn3n3_maSEzQU5_z55sHwX2QoO8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other voyage expenses</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">502</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">213</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">240</span></td></tr>
  <tr id="xdx_403_eifrs-full--ServicesExpense_iT_pn3n3_mtSEzQU5_zzDRUDwWAm94" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,128</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,490</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,098</span></td></tr>
  </table>

<p id="xdx_8A7_zyyMegpDanu5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></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; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -20pt; text-align: justify"><span style="font-size: 10pt"><b>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Vessel
operating expenses consisted of:</b></span></p>

<p id="xdx_89A_ecustom--DisclosureOfVesselOperatingExpenses_zcN0I9XnoXmh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: left"><span id="xdx_8B2_zhNlqIpS416i" style="font-size: 10pt">Voyage
Expenses and Vessel Operating Expenses - Vessel operating expenses</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20210101__20211231_z4dJUt3qEeu5" style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20200101__20201231_zz2CpewluRrl" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_494_20190101__20191231_z5VCTBL7ox77" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_403_eifrs-full--WagesAndSalaries_pn3n3_maOCzIBf_z3iSQUbScYQ7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Crew wages and related
    costs</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">7,570</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">4,865</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">4,670</span></td></tr>
  <tr id="xdx_401_eifrs-full--InsuranceExpense_pn3n3_maOCzIBf_zUhuVrCZfuql" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Insurance</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,067</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">661</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">664</span></td></tr>
  <tr id="xdx_408_eifrs-full--RepairsAndMaintenanceExpense_pn3n3_maOCzIBf_zhoXEBLYLoYb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Spares, repairs and maintenance</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">2,414</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,574</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,884</span></td></tr>
  <tr id="xdx_40F_eifrs-full--RawMaterialsAndConsumablesUsed_pn3n3_maOCzIBf_zBMIG1BHPkwf" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">555</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">434</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">517</span></td></tr>
  <tr id="xdx_406_ecustom--StoresExpense_pn3n3_maOCzIBf_z65yoIW6spz5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Stores</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,712</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">787</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">820</span></td></tr>
  <tr id="xdx_40A_eifrs-full--MiscellaneousOtherOperatingExpense_pn3n3_maOCzIBf_zcMnZ5ilrrpk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">490</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">260</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">327</span></td></tr>
  <tr id="xdx_400_ecustom--OperatingCosts_iT_pn3n3_mtOCzIBf_zO8n67fKAl82" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">13,808</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">8,581</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">8,882</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;<b>&#160;</b></span></p>

<p id="xdx_8AA_zxQxBIiDwWDl" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></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; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></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_DisclosureOfOtherOperatingExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 other operating expense. [Refer: Other operating income (expense)]</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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory</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>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_ifrs-full_ExpenseByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ExpenseByNatureAbstract</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>33
<FILENAME>R19.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042164440">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Administrative Expenses<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_SellingGeneralAndAdministrativeExpenseAbstract', window );"><strong>Selling, general and administrative expense [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_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory', window );">Administrative Expenses</a></td>
<td class="text"><p id="xdx_801_eifrs-full--DisclosureOfGeneralAndAdministrativeExpenseExplanatory_zqeH81GOGJD4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>14.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_829_zL2cvOqUIuAk">Administrative Expenses</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">The amount
shown in the consolidated statements of comprehensive income/(loss) is analysed as follows:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p id="xdx_895_ecustom--DisclosureOfAdministrativeExpenses_zZ6A5CRmXn1g" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Administrative
Expenses</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20210101__20211231_zWvYZjC9F469" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_496_20200101__20201231_zf4FJgoE10Zh" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20190101__20191231_znthronkfGy" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40F_ecustom--PersonnelExpense_pn3n3_maAEzTMy_zo0tnFAuIe55" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Personnel expenses</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,455</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,013</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,006</span></td></tr>
  <tr id="xdx_40D_eifrs-full--AuditorsRemuneration_pn3n3_maAEzTMy_zWcWhAzkAGza" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Audit fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">215</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">143</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">98</span></td></tr>
  <tr id="xdx_403_ecustom--ConsultingFeesExpense_pn3n3_maAEzTMy_zHyjNKRSnfC1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Consulting fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">329</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">243</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">191</span></td></tr>
  <tr id="xdx_40E_eifrs-full--CommunicationExpense_pn3n3_maAEzTMy_zetg10N48ZM2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Communication</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">16</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">12</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">7</span></td></tr>
  <tr id="xdx_409_ecustom--StationeryExpense_pn3n3_maAEzTMy_z5ScGIc2wSYb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Stationery</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">6</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">3</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">2</span></td></tr>
  <tr id="xdx_40B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_maAEzTMy_zufB5bvvcSX8" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Greek tax authorities (note 19)</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">185</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">130</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">116</span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherExpenseByNature_pn3n3_maAEzTMy_zYnbSTPhkmt7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">404</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">347</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">163</span></td></tr>
  <tr id="xdx_401_eifrs-full--AdministrativeExpense_iT_pn3n3_mtAEzTMy_zl6whIxzMao3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,610</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,891</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,583</span></td></tr>
  </table>

<p id="xdx_8A2_zs1ldvGn3EP" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></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_DisclosureOfGeneralAndAdministrativeExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 general and administrative expenses. [Refer: Administrative expenses]</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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory</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>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_ifrs-full_SellingGeneralAndAdministrativeExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_SellingGeneralAndAdministrativeExpenseAbstract</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>34
<FILENAME>R20.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042921160">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Interest Expense and Finance Costs<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_InterestCostsAbstract', window );"><strong>Interest costs [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_ifrs-full_DisclosureOfInterestExpenseExplanatory', window );">Interest Expense and Finance Costs</a></td>
<td class="text"><p id="xdx_802_eifrs-full--DisclosureOfInterestExpenseExplanatory_zmPFJdellTh4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>15.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_82B_zR315FlCCu6e">Interest Expense and Finance Costs</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"><span style="font-size: 10pt">The
amounts in the consolidated statements of comprehensive income/(loss) are analysed as follows:</span></p>

<p id="xdx_897_ecustom--DisclosureOfInterestExpenseAndFinanceCostsExplanatory_z8VapICuIbT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Interest
Expense and Finance Costs</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20210101__20211231_zj8ZL3G63t8" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20200101__20201231_zFBXb3otA0vb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_496_20190101__20191231_zEUyxpsZyvl2" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40A_eifrs-full--InterestExpense_pn3n3_zkACRTG1oNHl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Interest payable on
    long-term borrowings</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,958</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">3,721</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">3,603</span></td></tr>
  <tr id="xdx_40F_eifrs-full--BankAndSimilarCharges_pn3n3_zj5iYFTm1udj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Bank charges</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">59</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">69</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">28</span></td></tr>
  <tr id="xdx_40C_ecustom--AmortizationOfDebtDiscount_pn3n3_zowwCtgB1NW4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Amortization of debt discount</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">547</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">293</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">383</span></td></tr>
  <tr id="xdx_40C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_z5vI98INjiTl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Operating lease liability interest</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">52</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">44</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">51</span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherFinanceCost_pn3n3_zy4zHjgyxRKk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other finance
    expenses</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">646</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">28</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">638</span></td></tr>
  <tr id="xdx_408_eifrs-full--FinanceCosts_iT_pn3n3_zU8cIBZTTF54" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">3,262</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">4,155</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">4,703</span></td></tr>
  </table>

<p id="xdx_8AA_zf4nvCedv6l3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b>&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Other finance
expenses for 2021 include approximately $<span id="xdx_904_eifrs-full--OtherFinanceCost_pdn6_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFomfkQclz1l">0.6
</span></span><span style="font-size: 10pt">million that were the loan prepayment fee and expenses relating to the prepayment of EnTrust
loan facility.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

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

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

<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_DisclosureOfInterestExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 interest expense. [Refer: Interest expense]</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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInterestExpenseExplanatory</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>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_ifrs-full_InterestCostsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_InterestCostsAbstract</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>35
<FILENAME>R21.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040286392">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Dividends<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_MiscellaneousLiabilitiesAbstract', window );"><strong>Miscellaneous liabilities [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_ifrs-full_DisclosureOfDividendsExplanatory', window );">Dividends</a></td>
<td class="text"><p id="xdx_809_eifrs-full--DisclosureOfDividendsExplanatory_zXzPDn0UeoFg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>16.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_823_zIDyAxlTDPl3">Dividends</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal"><span id="xdx_90F_eifrs-full--DividendsPaidClassifiedAsFinancingActivities_do_c20190101__20191231_zV2op7ozqdk4">No</span>
</span><span style="font-size: 10pt; font-weight: normal">dividends were declared or paid on common shares during the years ended December
31, 2021, 2020 and 2019.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfDividendsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital.</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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDividendsExplanatory</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>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_ifrs-full_MiscellaneousLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MiscellaneousLiabilitiesAbstract</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>36
<FILENAME>R22.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042503160">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contingencies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" 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_zro3DdHIN2O" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">17.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82F_zPd1dI7ZgL44">Contingencies</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b><i>&#160;</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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_DisclosureOfContingentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfContingentLiabilitiesAbstract</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_DisclosureOfContingentLiabilitiesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfContingentLiabilitiesExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R23.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042429160">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ifrs-full_DisclosureOfCommitmentsExplanatory', window );">Commitments</a></td>
<td class="text"><p id="xdx_801_eifrs-full--DisclosureOfCommitmentsExplanatory_zMvJ4E6zZQaf" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">18.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82D_zXUaAUdiFYe2">Commitments</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Company
enters into time charter arrangements on its vessels. As at December 31, 2021, the non-cancellable arrangements had remaining terms between
nil days to two and a half months, assuming redelivery at the earliest possible date. As at 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 at December 31, 2021 and 2021, were as follows (vessel off-hires and dry-docking
days that could occur but are not currently known are not taken into consideration and early delivery of the vessels by the charterers
is not accounted for):</span></p>

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

<p id="xdx_894_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zMOlQ4vkMEm5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b style="display: none">&#160;Commitments
- Future minimum lease revenues receivable under non-cancellable operating leases</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 11pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 80%; text-align: left; padding-bottom: 1pt; text-indent: -9.45pt; padding-left: 9.45pt"><span style="font-size: 10pt">Within
    one year</span></td>
    <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zlf9pCCe9e0j" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"><span style="font-size: 10pt">6,082</span></td>
    <td id="xdx_98C_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zm3HceYFQRjl" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"><span style="font-size: 10pt">3,078</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; text-indent: 0cm"><span style="font-size: 10pt">Total</span></td>
    <td id="xdx_988_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231_z5t3YUpTu5ng" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">6,082</span></td>
    <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_ziXBB5r96v5i" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">3,078</span></td></tr>
  </table>

<p id="xdx_8A7_zc8Ph2JiqyEk" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">At
December 31, 2021, 2020 and 2019, the Company was a party to a lease agreement as lessee (note 4). 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 leased by Cyberonica S.A. (an
affiliate of Globus&#8217;s chairman) at a monthly rate of Euro <span id="xdx_90E_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zN4joWNT4GDf">26,000
</span></span><span style="font-size: 10pt">(absolute amount) with a lease period ending <span id="xdx_90C_ecustom--LeaseExpirationDate_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zDy0cRodZ8l5">August
4, 2024</span></span><span style="font-size: 10pt">. The previous rental agreement was terminated.</span></p>

<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 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
depreciation charge for right-of-use assets for the years ended December 31, 2021 and 2020, was approximately $<span id="xdx_900_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zHalcpq6GIjb">206
</span></span><span style="font-size: 10pt">and $<span id="xdx_902_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_z4LUz74dM6T5">112</span></span><span style="font-size: 10pt">,
respectively, and recognised under depreciation in the income statement component of the consolidated statements of comprehensive income/(loss).
The interest expense on lease liability for the years ended December 31, 2021 and 2020, was approximately $<span id="xdx_901_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zkYTOnuc5S3">52
</span></span><span style="font-size: 10pt">and $<span id="xdx_905_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_z1SnvVfJxKc4">44</span></span><span style="font-size: 10pt">,
respectively, and recognised under interest expense and finance costs in the income statement component of the consolidated statements
of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">At
December 31, 2021 and 2020, the current lease liability amounted to $<span id="xdx_905_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20211231_zcXaQtr2SxV1">349
</span></span><span style="font-size: 10pt">and $<span id="xdx_902_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20201231_zolKjBROZrcf">195</span></span><span style="font-size: 10pt">,
respectively. The non-current lease liability amounted to $<span id="xdx_90E_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20211231_zpg8IwNIXh1j">556
</span></span><span style="font-size: 10pt">and $<span id="xdx_90A_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20201231_zwxOwfL9JlP1">367</span></span><span style="font-size: 10pt">,
respectively. As at December 31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $<span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zQQFoXi1J1mc">888</span></span><span style="font-size: 10pt">,
$<span id="xdx_90B_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zToW3e7mzKIg">450</span></span> <span style="font-size: 10pt">and $<span id="xdx_908_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zwxslGs1ERZ7">562</span></span><span style="font-size: 10pt">,
respectively. These are included in the accompanying consolidated statements of financial position. The total cash outflows for leases for the years ended December 31, 2021, 2020 and 2019, were approximately $<span id="xdx_906_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zQjkL1vW8aIf" title="Payment of lease liability - principal and Interest Paid">314</span>,
$<span id="xdx_90F_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zycpKIn2gEee">229</span> and $<span id="xdx_904_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20190101__20191231_zBVfEOLYcPX6">47</span>, respectively, and were recognised in the consolidated statement of cash flows under the Payment of lease liability &#8211;
principal and Interest Paid.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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"><span style="font-size: 10pt">&#160;</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract</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_DisclosureOfCommitmentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfCommitmentsExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>R24.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043390808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Tax<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_MajorComponentsOfTaxExpenseIncomeAbstract', window );"><strong>Major components of tax expense (income) [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_ifrs-full_DisclosureOfIncomeTaxExplanatory', window );">Income Tax</a></td>
<td class="text"><p id="xdx_809_eifrs-full--DisclosureOfIncomeTaxExplanatory_zpdpVQ9yPOJf" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>19.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_829_zYrfNdB1Iwm5">Income Tax</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Under
the laws of the countries of the vessel owning companies&#8217; incorporation and / or vessels&#8217; registration, vessel owning companies
are not subject to tax on international shipping income; however, they are subject to registration and tonnage taxes, which are included
in vessel operating expenses in the accompanying consolidated statements of loss.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -14.15pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><b><i>Greek
Authorities Tax</i></b></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
January 2013, the tax Law 4110/2013 amended the provisions of art. 26 of Law 27/1975 by imposing a fixed annual tonnage tax on vessels
flying a foreign (i.e., non-Greek) flag which are managed by a Law 89/67 company, establishing an identical tonnage tax regime as the
one already in force for vessels flying the Greek flag. This tax varies depending on the size of the vessel, calculated in gross registered
tonnage, as well as on the age of each vessel. Payment of this tonnage tax satisfies all income tax obligations of both the ship-owning
company and of all its shareholders up to the ultimate beneficial owners. Any tax payable to the state of the flag of each vessel as
a result of its registration with a foreign flag registry (including the Marshall Islands) is subtracted from the amount of tonnage tax
due to the Greek tax authorities. As at December 31, 2021, 2020 and 2019, the tax expense under the law amounted to $<span id="xdx_902_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20210101__20211231_zhQPWIaiEgl1">185</span></span><span style="font-size: 10pt">,
$<span id="xdx_906_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20200101__20201231_zZ8P6Tr6muuh">130</span></span> <span style="font-size: 10pt">and
$<span id="xdx_903_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20190101__20191231_zHBk98IYzR2c">116</span></span><span style="font-size: 10pt">,
respectively and is included in administrative expenses in the consolidated statements of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b><i>&#160;</i></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b><i>&#160;</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b><i>U.S.
Federal Income Tax</i></b></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Globus is a
foreign corporation with wholly owned subsidiaries that are foreign corporations, which derive income from the international operation
of a ship or ships that may earn United States (&#8220;U.S&#8221;) source shipping income for U.S. federal income tax purposes.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Globus believes
that under &#167; 883 of the Internal Revenue Code, it&#8217;s income and the income of its ship-owning subsidiaries, to the extent derived
from the international operation of a ship or ships, were exempt from U.S. federal income tax in 2021.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
is a summary, discussing the application of the U.S. federal income tax laws to the Company relating to income derived from the international
operation of a ship or ships. The discussion and its conclusion are based upon existing U.S. federal income tax law, including the Internal
Revenue Code (the &#8220;Code&#8221;) and final U.S. Treasury Regulations (the &#8220;Regs&#8221;) as currently in effect, all of which
are subject to change, possibly with retroactive effect.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In general,
under &#167; 883, certain non-U.S. corporations are not subject to U.S. federal income tax on their U.S. source income derived from the
international operation of a ship or ships (&#8220;gross transportation income&#8221;). Absent &#167; 883 or a tax treaty exemption,
such income generally would be subject to a 4% gross basis tax, or in certain cases, to a net income tax plus a 30% branch profits tax.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For this purpose,
U.S. source gross transportation income includes 50% of the shipping income that is attributable to transportation that begins or ends
(but that does not both begin and end) in the United States.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Shipping income
attributable to transportation exclusively between non-U.S. ports is generally not subject to any U.S. Federal income tax. &#8220;Shipping
income&#8221; generally means income that is derived from:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(a) the use
of vessels;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(b) the hiring
or leasing of vessels for use on a time, operating or bareboat charter basis;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(c) the participation
in a pool, partnership, strategic alliance, joint operating agreement or other joint venture it directly or indirectly owns or participates
in that generates such income; or</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(d) the performance
of services directly related to those uses.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Regs provide
that a foreign corporation will qualify for the benefits of &#167; 883 if, in relevant part, the foreign country in which the foreign
corporation is organized grants an equivalent exemption to corporations organized in the U.S. and the foreign corporation meets either
the qualified shareholder test or the publicly traded test described below.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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; 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 0 0 1cm; text-align: justify"/>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>19.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Income
Tax (continued)</b></span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><i>&#160;</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><i>Qualified
Shareholder Test</i></span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">A foreign corporation
having more than 50 percent of the value of its outstanding shares owned, directly or indirectly by application of specific attribution
rules, for at least half of the number of days in the foreign corporation's taxable year by one or more qualified shareholders will meet
the qualified shareholder test. In part, an individual who is a shareholder will be considered a qualified shareholder if he or she is
a resident of a qualified foreign country (which means for this purpose that he or she is fully liable to tax in such country, and maintains
a tax home in such country for 183 days or more in the taxable year, or certain other rules apply) and does not own his or her interest
in the foreign corporation through bearer shares (except for bearer shares held in a dematerialized or immobilized book entry system),
either directly or indirectly by application of the attribution rules. In addition, in order to meet the qualified shareholder test,
a foreign corporation will need to obtain certifications from its qualified shareholders (including from intermediary entities) substantiating
their stock ownership.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><i>Publicly
Traded Test</i></span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Publicly
Traded Test requires that one or more classes of equity representing more than 50% of the voting power and value in a non-United States
corporation be &#8220;primarily and regularly traded&#8221; on an established securities market either in the United States or in a foreign
country that grants an equivalent exemption. Among others, &#167; 883 provides, in relevant part, that the shares of a non-United States
corporation will be considered to be &#8220;primarily traded&#8221; on an established securities market in a country if the number of
shares of each class of shares that are traded during any taxable year on all established securities markets in that country exceeds
the number of shares in each such class that are traded during that year on established securities markets in any other single country.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Notwithstanding
the foregoing, &#167; 883 provides, in relevant part, that a class of shares will not be considered to be &#8220;regularly traded&#8221;
on an established securities market for any taxable year in which 50% or more of the vote and value of the outstanding shares of such
class are owned, actually or constructively under specified share attribution rules, on more than half the days during the taxable year
by persons who each own 5% or more of the vote and value of such class of outstanding shares which is referred as the 5 Percent Override
Rule.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In the event
that the 5 Percent Override Rule is triggered, &#167; 883 provides that such rule will not apply if the Company can establish that within
the group of 5% shareholders, there are sufficient qualified shareholders within the meaning of &#167; 883 to preclude non-qualified
shareholders in such group from owning 50% or more of the total value of the Company&#8217;s common shares for more than half the number
of days during the taxable year.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the years
ended December 31, 2021 and 2019, Globus and its wholly owned subsidiaries deriving income from the operation of international ships
were organized in foreign countries that grant equivalent exemptions to corporations organized in the U.S. Globus&#8217;s common shares,
representing more than 50% of the voting power and value in Globus, were primarily and regularly traded on the Nasdaq Capital Market,
which is an established securities market. Although Globus&#8217;s ship-owning and operating subsidiaries were not publicly traded, they
should have qualified for the qualified shareholder test by virtue of their ownership by Globus. Accordingly, all of Globus&#8217; and
its ship-owning or operating subsidiaries that relied on &#167; 883 for exempting U.S. source income from the international operation
of ships should not have been subject to U.S. federal income tax for the years ended December 31, 2021 and 2019. It was not clear whether
Globus was able to rely on the &#167; 883 exemption for the year ended December, 2020. Nevertheless, because Globus and its subsidiaries
earned no U.S. source gross transportation income (because none of Globus&#8217;s vessels made a voyage to or from the United States
in 2020) neither the U.S. 4% gross basis tax nor the net income tax should be owed for 2020.</span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Under the laws
of the Republic of Malta, the country of incorporation of one of the Company&#8217;s vessel-owning company&#8217;s, this vessel-owning
company is not liable for any income tax on its income derived from shipping operations. The Republic of Malta is a country that has
an income tax treaty with the United States. Accordingly, income earned by vessel-owning companies organized under the laws of the Republic
of Malta may qualify for a treaty-based exemption. Specifically, under Article 8 (Shipping and Air Transport) of the treaty sets out
the relevant rule to the effect that profits of an enterprise of a Contracting State from the operation of ships in international traffic
shall be taxable only in that State.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></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"/>

<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"/>

<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_DisclosureOfIncomeTaxExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entire disclosure for income taxes.</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 12<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS12_g79-88_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_DisclosureOfIncomeTaxExplanatory</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>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_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MajorComponentsOfTaxExpenseIncomeAbstract</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>39
<FILENAME>R25.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043099032">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management objectives and policies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_DisclosureOfFinancialInstrumentsAbstract', window );"><strong>Disclosure of detailed information about financial instruments [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_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory', window );">Financial risk management objectives and policies</a></td>
<td class="text"><p id="xdx_80C_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_zDn1iWIHzi11" style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>20.&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_825_zgTzBCIV4XUe">Financial risk management objectives and policies</span></b></span></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company&#8217;s financial liabilities are long-term borrowings, trade and other payables and the financial derivative instrument.
The main purpose of these financial liabilities is to assist the Company in the financing of its operations and the acquisition of
vessels. The Company has various financial assets such as trade accounts receivable, financial derivative instrument and cash and
short-term deposits including restricted cash, which arise directly from its operations. The main risks arising from the
Company&#8217;s financial instruments are cash flow interest rate risk, credit risk, liquidity risk and foreign currency
risk.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Interest
rate risk</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Interest
rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market
interest rates. The Company&#8217;s exposure to the risk of changes in market interest rates relates primarily to the Company&#8217;s
long-term debt obligations with floating interest rates. As at December 31, 2021 and 2020, the Company had no long-term borrowings at
a fixed interest rate.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Interest
rate risk table</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
following table demonstrates the sensitivity to a reasonably possible change in interest rates, with all other variables held constant,
of the Company&#8217;s loss.</span></p>

<p id="xdx_896_ecustom--DisclosureOfInterestRateRiskExplanatory_zqa73q0eBnOe" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Interest rate risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Increase/(Decrease)
    in basis points</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Effect on income
    / (loss)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">2021</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 79%; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>$ Libor</b></span></td>
    <td id="xdx_98A_ecustom--IncreaseInInterestRates_pip0_uPure_c20210101__20211231_z5i0AIXPeSt5" style="width: 10%; text-align: right" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231_zmYwoxjhFYva" style="width: 10%; text-align: right" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(52)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseInInterestRates_pip0_uPure_c20210101__20211231_z0cCBGkxvcl" style="text-align: right" title="Decrease in Libor"><span style="font-size: 10pt">-20</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231_z1O8qn37lUoj" style="text-align: right" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt">69</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">2020</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>$ Libor</b></span></td>
    <td id="xdx_988_ecustom--IncreaseInInterestRates_pip0_uPure_c20200101__20201231_z9hDOFBOY4yc" style="text-align: right" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231_zHu3yNDB0N7d" style="text-align: right" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(57)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseInInterestRates_pip0_uPure_c20200101__20201231_zN1lTd1Wl3wk" style="text-align: right" title="Decrease in Libor"><span style="font-size: 10pt">-20</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231_zk6PGrNBRjo2" style="padding-left: -20pt; text-align: right; padding-right: -20pt" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt">75</span></td></tr>
  </table>

<p id="xdx_8AE_zWkh8nppSdQh" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b>Foreign
currency risk</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following
table demonstrates the sensitivity to a reasonably possible change in the Euro exchange rate, with all other variables held constant,
to the Company&#8217;s loss due to changes in the fair value of monetary assets and liabilities. The Company&#8217;s exposure to foreign
currency changes for all other currencies as at December 31, 2021 and 2020, was not material.</span></p>

<p id="xdx_898_ecustom--DisclosureOfForeignCurrencyRiskExplanatory_zegIXqGn8J95" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Financial
risk management objectives and policies - Foreign currency risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Change
    in rate</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Effect
    on income / (loss) </b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 79%; font-size: 9pt; font-weight: bold; text-align: left"><span style="font-size: 10pt">2021</span></td>
    <td id="xdx_98C_ecustom--IncreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zaxRhFosYLLl" style="width: 10%; font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zVzQRIHJIGTe" style="width: 10%; font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(478)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--DecreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_z00sA82o7G1i" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zQajeFqHGLPf" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">478</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left"><span style="font-size: 10pt">2020</span></td>
    <td id="xdx_98D_ecustom--IncreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zac7P3VpNYS8" style="font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXFZaqAIs0Ta" style="font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(258)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--DecreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXGDzbE1s0N1" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zoF0yighBp8i" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">258</span></td></tr>
  </table>

<p id="xdx_8A0_zk40rdhyNoS9" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b>Credit
risk</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company operates only with recognised, creditworthy third parties including major charterers, commodity traders and government owned
entities. Receivable balances are monitored on an ongoing basis with the result that the Company&#8217;s exposure to impairment on trade
accounts receivable is not significant. The maximum exposure is the carrying value of trade accounts receivable as indicated in the consolidated
statement of financial position. With respect to the credit risk arising from other financial assets of the Company such as cash and
cash equivalents, the Company&#8217;s exposure to credit risk arises from default of the counter parties, which are recognised financial
institutions. The Company performs annual evaluations of the relative credit standing of these counter parties. The exposure of these
financial instruments is equal to their carrying amount as indicated in the consolidated statement of financial position.</span></p>

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

<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"/>

<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"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<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"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>20.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Financial
risk management objectives and policies (continued)</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>Concentration
of credit risk table:</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
following table provides information with respect to charterers who individually, accounted for approximately more than 10% of the Company&#8217;s
revenue for the years ended December 31, 2021, 2020 and 2019:</span></p>

<p id="xdx_893_ecustom--DisclosureOfConcentrationOfCreditRiskExplanatory_zHwZ7NkmTlHi" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Concentration of credit risk table</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 34%; text-align: left"><span style="font-size: 10pt">A</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zx4dcyQsNAOg" style="width: 10%; text-align: right" title="Revenue"><span style="font-size: 10pt">7,726</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zW0sVq1Lm985" style="width: 10%; text-align: right"><span style="font-size: 10pt">18%</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zt3CmYlvNHb5" style="width: 10%; text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zimPYcHNIJP4" style="width: 10%; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_z6zsYwpWnoQb" style="width: 10%; text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zDqHECDDX7o2" style="width: 10%; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">B</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zAFhA8nn8IF2" style="text-align: right" title="Revenue"><span style="font-size: 10pt">4,571</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zeCPc1CV9HDl" style="text-align: right"><span style="font-size: 10pt">11%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zdV65IzvxRik" style="text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zexQrDmehJrc" style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_z6zQW1k8S5t2" style="text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zogTyWKsHMzj" style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">C</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zsByZZcCUl4c" style="text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zRoOtfNX5cW7" style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z6WKQdVxAIph" style="text-align: right" title="Revenue"><span style="font-size: 10pt">751</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zGsp0xkuHCPa" style="text-align: right"><span style="font-size: 10pt">6%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zJOy1RdKs2Ac" style="text-align: right" title="Revenue"><span style="font-size: 10pt">3,476</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zgbVhWM5nKL9" style="text-align: right"><span style="font-size: 10pt">22%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">Other </span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zAKES7QpnCBe" style="text-align: right" title="Revenue"><span style="font-size: 10pt">30,914</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zRZZljG5fbWf" style="text-align: right"><span style="font-size: 10pt">71%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zlaaTW81Qkr9" style="text-align: right" title="Revenue"><span style="font-size: 10pt">11,002</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zEUEr77XY087" style="text-align: right"><span style="font-size: 10pt">94%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zitz4NEMTu29" style="text-align: right" title="Revenue"><span style="font-size: 10pt">12,147</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zJojcnIwHvq9" style="text-align: right"><span style="font-size: 10pt">78%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231_zVe7ZXkyzSx3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">43,211</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231_zuDwqEuReE55" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">100%</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231_zBMtFhaO8X2c" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">11,753</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231_zoT5RZ5CFjY" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">100%</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231_zp3kS1f57Poj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">15,623</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231_z0Q0xpCutCe3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">100%</span></td></tr>
  </table>

<p id="xdx_8AE_zN5evBGA5MQh" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b>Liquidity
risk	</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
Company mitigates liquidity risk by managing cash generated by its operations, applying cash collection targets appropriately. The vessels
are normally chartered under time-charter, bareboat and spot agreements where, as per the industry practice, the charterer pays for the
transportation service 15 days in advance, supporting the management of cash generation. Vessel acquisitions are carefully controlled,
with authorisation limits operating up to board level and cash payback periods applied as part of the investment appraisal process. In
this way, the Company maintains a good credit rating to facilitate fund raising. In its funding strategy, the Company&#8217;s objective
is to maintain a balance between continuity of funding and flexibility through the use of bank loans. Excess cash used in managing liquidity
is only invested in financial instruments exposed to insignificant risk of changes in market value or are being placed on interest bearing
deposits with maturities fixed usually for no more than 3 months. The Company monitors its risk relating to the shortage of funds by
considering the maturity of its financial liabilities and its projected cash flows from operations.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
table below summarises the maturity profile of the Company&#8217;s financial liabilities (including interest) at December 31, 2021 and
2020 based on contractual undiscounted cash flows.</span></p>

<p id="xdx_899_eifrs-full--DescriptionOfManagingLiquidityRisk_zBkdxIdZilcl" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Liquidity risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year ended December
    31, 2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Less than 3 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">3 to 12 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">1 to 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">More than 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Long-term debt</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_ziwP8LzBFqai" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">1,566</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z54715QxRQl5" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">4,614</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z6GT5TRMeAcg" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">29,325</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zrVCUL97a9K8" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231_zX8UzOFc06ua" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">35,505</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lease liabilities</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z2g12tiQR0Ad" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">92</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zjHbdLXTJSB6" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">275</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zlJ8IrfoOF43" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">585</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_znpr6NaGI5N8" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231_z5dzb3zuwO7h" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">952</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Accrued liabilities and other
    payables</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z9UQF63adAJ" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,676</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zCu66SfxDuqf" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_znTommE9pQZb" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zzdRSwMxB5eb" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231_zfv2PwV7m1Xd" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,676</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Trade accounts
    payables</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z7KktP5J4tPg" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zL7qCsFhpai1" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zN0mqO387S9f" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zz8Hce5f2qF8" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zm69cItNLiz8" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Current
    portion of fair value of derivative financial instruments</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zwdgznxEJOXj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">23</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_ztx3iUwe7kAd" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">69</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBMVGi24dhBb" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z8p9eo8dHcw3" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231_zfwQTjPF1Zy7" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">92</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zaDVVqRVQDZg" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">6,457</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zi7PkGLj3eHj" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">4,958</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zxW82sFjGfIl" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">29,910</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmpPIM4KABv" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231_zbaFJy92wPZ5" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">41,325</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year ended December
    31, 2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Less than 3 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">3 to 12 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">1 to 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">More than 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Long-term debt</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zKYGDoCjVscc" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">2,302</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z6dT8dBibhUb" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">6,752</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zd5dIdeGNiv" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">32,362</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmPmrWrtNJni" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231_zoyYZNxuAs06" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">41,416</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lease liabilities</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zQF4bes5cHF4" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">106</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zLhl1KCgejV3" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">106</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zpR3Etx8zDx" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">426</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zyXmjznoujnk" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231_zsrzyruLnRAa" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">638</span></td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Accrued liabilities and other
    payables</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zJOnkT0UeGsj" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">2,159</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zTYt26qaPZdb" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zGttfsXJyjqa" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z7Ax19qeGGsc" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231_zjULDstWRWz3" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">2,159</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Trade accounts
    payables</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zgRwxCS1WWn5" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">4,758</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zWSN5HliIci6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z7hZoqlApcK4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zO7lIVGDDgP2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zeWpzEvripYc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">4,758</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zBGPjjf3ocf9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">9,325</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zbAJH9MY23f9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">6,858</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBQWnQKWDfTd" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">32,788</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zvrG4X8oPXoi" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231_zyKjkoAIO0Yf" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">48,971</span></td></tr>
  </table>

<p id="xdx_8A7_zRV70cyziYPl" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Capital
management</b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 96.4pt; text-align: justify; text-indent: -60.4pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
primary objective of the Company&#8217;s capital management is to ensure that it maintains a strong credit rating and healthy capital
ratios in order to support its business and maximise shareholder value. The Company manages its capital structure and makes adjustments
to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Company may adjust the dividend payment
to shareholders, return capital to shareholders or issue new shares as well as managing the outstanding level of debt. Lenders may impose
capital structure or solvency ratios (refer to note 11). No changes were made in the objectives, policies or processes during the years
ended December 31, 2021 and 2020.</span></p>

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

<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"/>

<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; text-indent: 0cm"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt">&#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_DisclosureOfFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFinancialInstrumentsAbstract</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_DisclosureOfFinancialRiskManagementExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's financial risk management practices and policies.</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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialRiskManagementExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>40
<FILENAME>R26.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043281896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair values<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ifrs-full_DisclosureOfFairValueMeasurementExplanatory', window );">Fair values</a></td>
<td class="text"><p id="xdx_806_eifrs-full--DisclosureOfFairValueMeasurementExplanatory_zFmVGgYEIynk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><span style="font-size: 10pt"><b>21.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_82F_zQlh4g0xuMmc">Fair values</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Carrying
amounts and fair values</b>&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
following table shows the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the
fair value hierarchy (as defined in note 2.27). 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 and trade payables.</span></p>

<p id="xdx_89C_ecustom--DisclosureOfFairValuesExplanatory_z3y2wIbfH2Ll" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Fair
values measurement</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right">Carrying <b>amount</b></td><td style="font-size: 9pt; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font-size: 10pt">Fair value</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid"><span style="font: 10pt Times New Roman, Times, Serif"><b>December&#160;31,
    2021</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b/></span> <span style="font-size: 10pt">&#160;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    1</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    2</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    3</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial assets</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    assets measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Derivative
    financial instruments</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zW5p9VNXYie6" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">417</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zzvpC64e0Oyl" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">417</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_ziOPOoneWYc9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">417</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zMnWHig4Ivif" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">417</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial
    liabilities</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Derivative
    financial instruments</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zDIlwAXbvVye" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">92</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zHKvJxo9CY86" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">92</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zfNJvcMfVgjl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">92</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zr9Ec3EAVrOh" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">92</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities not measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Long-term
    borrowings</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z0GlZaG3AMLl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">31,750</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zn9ZD7XOHkmg" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">32,155</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zQgP251orHK5" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">32,155</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zL00q5HNam85" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">31,750</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-style: italic"><span style="font-size: 10pt"/></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right">Carrying <b>amount</b><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 9pt; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font-size: 10pt">Fair value</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid"><span style="font: 10pt Times New Roman, Times, Serif"><b>December&#160;31,
    2020</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"/><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    1</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    2</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    3</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial liabilities</b></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities not measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Long-term
    borrowings</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zUqwIwxtvjT1" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">37,000</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zmGgj7xsE7qc" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">37,961</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zCEahDSeHIs9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">37,961</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z9FBu1gmhv2" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">37,000</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  </table>

<p id="xdx_8A5_zU5uf4gnPnr6" style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Measurement
of fair values</b></span></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Valuation
techniques and significant unobservable inputs</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">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.</span></p>

<p id="xdx_89A_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zsWYcD0PPvtc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Valuation
techniques and significant unobservable inputs</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Financial
    instruments measured at fair value</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 48%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation
    Techniques</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant
    unobservable inputs</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments:</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Interest Rate
    Swap</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted
    cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;&#160;Discount
    rate</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Financial
                                            instruments not measured at fair value</span></b></span></p></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Asset
    and liabilities not measured at fair value</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation
    Techniques</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant
    unobservable inputs</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-term borrowings</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted
    cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discount rate</span></td></tr>
  </table>

<p id="xdx_8A5_zpx7ZHjGBBe5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"><span style="font-size: 10pt"><b>Transfers between Level
1, 2 and 3</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">There
were no transfers between these levels in 2020 and 2021.</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: 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"/>

<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: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"/>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;&#160;</span></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_DisclosureOfFairValueMeasurementExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFairValueMeasurementExplanatory</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>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_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFairValueMeasurementOfAssetsAbstract</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>41
<FILENAME>R27.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042861464">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" 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_803_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_zPqZjnKx7Wwf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>22.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<span id="xdx_82C_z1tkR4gA3O7l">Events after the reporting date</span></b></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"/>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 24.75pt; text-align: justify; text-indent: 0cm">The conflict between
Russia and Ukraine, which commenced in February 2022, has disrupted supply chains and caused instability and significant volatility in
the global economy. Much uncertainty remains regarding the global impact of the conflict in Ukraine, and it is possible that such instability,
uncertainty and resulting volatility could significantly increase the costs of the Company and adversely affect its business, including
the ability to secure charters and financing on attractive terms, and as a result, adversely affect the Company&#8217;s business, financial
condition, results of operation and cash flows. Currently there is no effect on the Company&#8217;s operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p>

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

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"/>




<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_DisclosureOfEventsAfterReportingPeriodExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory</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>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_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract</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>R28.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042333464">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of Preparation and Significant Accounting Policies (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfGoingConcernExplanatory', window );">Basis of Preparation:</a></td>
<td class="text"><p id="xdx_84A_eifrs-full--DisclosureOfGoingConcernExplanatory_zmo1DXvPxzpk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.1
&#8239;&#8239;&#8239;&#8239;<span id="xdx_86C_zvus4WjeRJQf">Basis of Preparation:</span> </b>The consolidated financial statements
have been prepared on a historical cost basis, except for derivative financial instruments which are measured at fair value. The
consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand ($ 000s) except
when otherwise indicated.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify; text-indent: -40pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company performs on a regular basis
an assessment to evaluate its ability to
continue as a going concern.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In assessing whether the going concern assumption is appropriate, management takes
into account all available information about the future, which is at least, but is not limited to, twelve months from the end of the reporting
period. The degree of consideration depends on the facts in each case and depends on the Company&#8217;s profitability and ready access to financial resources, In certain cases, management may need to consider a wide range of factors relating to current and
expected profitability, debt repayment schedules, compliance with the financial and security collateral cover ratio covenants under its existing debt agreements and potential sources of replacement financing before it can satisfy itself that the going
concern basis is appropriate. The Company may need to develop detailed cash flow projections as part of its assessment in such cases.
In developing estimates of future cash flows, the Company makes assumptions about the vessels&#8217; future performance, with the significant assumptions relating to time charter equivalent rates, vessels&#8217; operating
expenses, vessels&#8217; capital expenditures, fleet utilization, Company&#8217;s general
and administrative expenses and cash flow requirements for debt servicing. The assumptions used to develop estimates of future cash flows
are based on historical trends as well as future expectations.</p>

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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 9). As at December 31, 2021, the Company reported a working capital surplus of $<span id="xdx_90D_eifrs-full--CurrentAssetsLiabilities_iI_pn3n6_c20211231_zpaAGZUlRwx5" title="Working capital surplus/ (deficit)">37.8</span> million and was in compliance with its debt
covenants.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The above conditions indicate that the Company is expected to be able to
operate as a going concern and these consolidated financial statements were prepared under this assumption.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 35.45pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 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 values. For the first quarter of 2020, the Company concluded that the recoverable amounts of the vessels
were lower than their carrying amounts and an impairment loss of $<span id="xdx_901_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_c20200101__20201231_zrzH2mjPbWKl" title="Impairment loss">4,615
</span>was recorded (Note 5). The Company has re-assessed impairment indicators  as at December 31, 2021  and
concluded that <span id="xdx_90C_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_do_c20210101__20211231_zjbJQBP3Sv76">no</span> further impairment of its vessels should be recorded or previously recognized impairment should be reversed.</p>

<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">&#160;</p>

<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">&#160;</p>

<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"><b/></p>

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


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of
Preparation and Significant Accounting Policies (continued)</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Statement of Compliance:
</b>These consolidated financial statements of the Company have been prepared in accordance with <span id="xdx_901_edei--EntityAccountingStandard_c20210101__20211231_zOmYU5LHSq64">International Financial Reporting Standards</span>
(&#8220;IFRS&#8221;) as issued by the International Accounting Standards Board (&#8220;IASB&#8221;).</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Basis of Consolidation:</b>
The consolidated financial statements comprise the financial statements of Globus and its subsidiaries listed in Note 1. The financial
statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">All inter-company balances
and transactions have been eliminated upon consolidation. Subsidiaries are fully consolidated from the date on which control is transferred
to the Company and cease to be consolidated from the date on which control is transferred out of the Company.</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>
</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_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations', window );">Standards amendments and interpretations:</a></td>
<td class="text"><p id="xdx_846_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_z1xY9VIQiRpb" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.2 &#8239;&#8239;&#8239;<span id="xdx_864_zOYoRsa6Y1A6">Standards amendments and
interpretations:</span></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The accounting policies adopted are consistent
with those of previous financial year except for the following amended IFRS which have been adopted by the Company as at January 1, 2021:</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IFRS 16 Leases-C&#959;vid 19 Related
Rent Concessions (Amendment)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendment applies, retrospectively,
to annual reporting periods beginning on or after 1 June 2020. Earlier application is permitted, including in financial statements
not yet authorized for issue at May 28, 2020. IASB amended the standard to provide relief to lessees from applying IFRS 16
guidance on lease modification accounting for rent concessions arising as a direct consequence of the covid-19 pandemic. The
amendment provides a practical expedient for the lessee to account for any change in lease payments resulting from the covid-19
related rent concession the same way it would account for the change under IFRS 16, if the change was not a lease modification, only
if all of the following conditions are met:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">The change in lease payments results in revised consideration for the lease
that is substantially the same as, or less than, the consideration for the lease immediately preceding the change.</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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">Any reduction in lease payments affects only payments originally due on or
before June 30, 2021.</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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 9pt">There is no substantive change to other terms and conditions of the lease.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendment had no impact on the consolidated
financial statements of the Company.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Interest Rate Benchmark Reform &#8211;
Phase 2 &#8211; IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Attributing Benefit to Periods of Service
(IAS 19 Employee Benefits) &#8211; IFRS Interpretation Committee (IFRS IC or IFRIC) Agenda Decision issued May 2021</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The International Financial Reporting Standards
Interpretations Committee issued a final agenda decision in May 2021, under the title "Attributing Benefits to Periods of Service"
(IAS 19), which includes explanatory material regarding the attribution of benefits in periods of service regarding a specific defined
benefit plan analogous to that defined in Article 8 of Greek Law 3198/1955 regarding provision of compensation due to retirement (the
"Labor Law Defined Benefit Plan"). This explanatory information differentiates the way in which the basic principles and regulations
of IAS 19 have been applied in Greece in the previous years, and therefore, according to what is defined in the &#8220;IASB Due Process
Handbook (par 8.6)&#8221;, entities that prepare their financial statements in accordance with IFRS are required to amend their Accounting
Policy accordingly. Based on the above, the aforementioned decision is implemented in accordance with paragraphs 19-22 of IAS 8 as a change
in accounting policy. The agenda decision had no impact on the consolidated financial statements of the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation
and Significant Accounting Policies (continued)</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Standards issued but not yet
effective and not early adopted:</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Amendment in IFRS 10 Consolidated Financial Statements and
IAS 28 Investments in Associates and Joint Ventures: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments address an acknowledged
inconsistency between the requirements in IFRS 10 and those in IAS 28, in dealing with the sale or contribution of assets between an investor
and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction
involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets
that do not constitute a business, even if these assets are housed in a subsidiary. In December 2015 the IASB postponed the effective
date of this amendment indefinitely pending the outcome of its research project on the equity method of accounting. Management has assessed
that this amendment will have no impact on the Company&#8217;s financial position or performance.</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; text-align: justify"><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 0 0 18pt; text-align: justify"><b>IAS 1 Presentation of Financial Statements:
Classification of Liabilities as Current or Non-current (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments were initially effective
for annual reporting periods beginning on or after January 1, 2022 with earlier application permitted. However, in response to the covid-19
pandemic, the Board has deferred the effective date by one year, i.e. 1 January 2023, to provide companies with more time to implement
any classification changes resulting from the amendments. The amendments aim to promote consistency in applying the requirements by helping
companies determine whether, in the statement of financial position, debt and other liabilities with an uncertain settlement date should
be classified as current or non-current. The amendments affect the presentation of liabilities in the statement of financial position
and do not change existing requirements around measurement or timing of recognition of any asset, liability, income or expenses, nor the
information that entities disclose about those items. Also, the amendments clarify the classification requirements for debt which may
be settled by the company issuing own equity instruments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In November 2021, the Board issued an
exposure draft (ED), which clarifies how to treat liabilities that are subject to covenants to be complied with, at a date
subsequent to the reporting period. In particular, the Board proposes narrow scope amendments to IAS 1 which effectively reverse the
2020 amendments requiring entities to classify as current, liabilities subject to covenants that must only be complied with within
the next twelve months after the reporting period, if those covenants are not met at the end of the reporting period. Instead, the
proposals would require entities to present separately all non-current liabilities subject to covenants to be complied with only
within twelve months after the reporting period. Furthermore, if entities do not comply with such future covenants at the end of the
reporting period, additional disclosures will be required. The proposals will become effective for annual reporting periods
beginning on or after January 1, 2024 and will need to be applied retrospectively in accordance with IAS 8, while early adoption is
permitted. The Board has also proposed to delay the effective date of the 2020 amendments accordingly, such that entities will not
be required to change current practice before the proposed amendments come into effect. Management has assessed that these
amendments will have no impact on the Company&#8217;s financial position or performance.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 14.15pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IFRS 3 Business Combinations; IAS 16
Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets as well as Annual Improvements 2018-2020
(Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments are effective for annual
periods beginning on or after January 1, 2022, with earlier application permitted. The IASB has issued narrow-scope amendments to the
IFRS Standards as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b>IFRS 3 Business Combinations (Amendments)</b> update a reference in IFRS 3 to the Conceptual Framework
for Financial Reporting without changing the accounting requirements for business combinations.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b>IAS 16 Property, Plant and Equipment (Amendments)</b> prohibit a company from deducting from the cost
of property, plant and equipment amounts received from selling items produced while the company is preparing the asset for its intended
use. Instead, a company will recognize such sales proceeds and related cost in profit or loss.</td></tr></table>



<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0">
<tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b/>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"><b>IAS 37 Provisions, Contingent Liabilities and Contingent
Assets (Amendments)</b> specify which costs a company includes in determining the cost of fulfilling a contract for the purpose of assessing
whether a contract is onerous.</p>
</td></tr>
</table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0">
<tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><b/>

<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"><b>Annual Improvements 2018-2020</b> make minor amendments
to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IAS 41 Agriculture and the
Illustrative Examples accompanying IFRS 16 Leases.</p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt">&#160;</p>
</td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Management has assessed that these amendments
will have no impact on the Company&#8217;s financial position or performance.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">IFRS 16 Leases -C&#959;vid 19 Related
Rent Concessions beyond June 30, 2021 (Amendment)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Amendment applies to annual
reporting periods beginning on or after April 1, 2021, with earlier application permitted, including in financial statements not yet
authorized for issue at the date the amendment is issued. In March 2021, the Board amended the conditions of the practical expedient
in IFRS 16 that provides relief to lessees from applying the IFRS 16 guidance on lease modifications to rent concessions arising as
a direct consequence of the covid-19 pandemic. Following the amendment, the practical expedient now applies to rent concessions for
which any reduction in lease payments affects only payments originally due on or before June 30, 2022, provided the other
conditions for applying the practical expedient are met. Management has assessed will have no impact on the Company&#8217;s
financial position or performance.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 32.15pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/></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 0 0 18pt; text-align: justify"/>



<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"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation
and Significant Accounting Policies (continued)</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 1 Presentation of Financial Statements
and IFRS Practice Statement 2: Disclosure of Accounting policies (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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 &#8216;significant&#8217;
accounting policies with a requirement to disclose &#8216;material&#8217; 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 has assessed that these amendments will have no impact on the Company&#8217;s financial position or performance.</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 8 Accounting policies, Changes in Accounting
Estimates and Errors: Definition of Accounting Estimates (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">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
has assessed that these amendments will have no impact on the Company&#8217;s financial position or performance.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>IAS 12 Income taxes: Deferred Tax related
to Assets and Liabilities arising from a Single Transaction (Amendments)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The amendments are effective for annual periods
beginning on or after January 1, 2023 with earlier application permitted. In May 2021, the Board issued amendments to IAS 12, which narrow
the scope of the initial recognition exception under IAS 12 and specify how companies should account for deferred tax on transactions
such as leases and decommissioning obligations. Under the amendments, the initial recognition exception does not apply to transactions
that, on initial recognition, give rise to equal taxable and deductible temporary differences. It only applies if the recognition of a
lease asset and lease liability (or decommissioning liability and decommissioning asset component) give rise to taxable and deductible
temporary differences that are not equal. Management has assessed that these amendments will have no impact on the Company&#8217;s financial
position or performance.</p>

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

<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_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory', window );">Significant accounting policies, judgments, estimates and assumptions:</a></td>
<td class="text"><p id="xdx_84F_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zMgImAsxEbU6" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.3
&#8239;&#8239;&#8239;</b><span id="xdx_867_zaAG7ETBxTE6" style="font: bold 10pt Times New Roman, Times, Serif">Significant
accounting policies, judgments, estimates and assumptions:</span> The preparation of consolidated financial statements in conformity
with IFRS requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amounts of revenues
and expenses recognised during the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes
that could require a material adjustment to the carrying amount of the asset or liability affected in the future.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -21.25pt"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Judgments: </b>In
the process of applying the Company&#8217;s accounting policies, management has made the following judgments that had a significant effect
on the amounts recognised in the consolidated financial statements.</p>

<p style="font: 9pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt"><i>Provision for expected credit losses: </i>The Company
                                                                                                     measures allowance for all trade accounts receivable under the simplified model using the lifetime expected credit loss
                                                                                                     (&#8220;ECL&#8221;) approach. When estimating ECLs, the Company considers reasonable and supportable information that is available
                                                                                                     without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic
                                                                                                     conditions. Provisions for expected credit losses as at December 31, 2021 and 2020, were $<span id="xdx_907_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zfm31i9wYZak" title="Provision for doubtful trade receivables">8</span>
                                                                                                     and nil, respectively. <span id="xdx_900_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20200101__20201231_zxySlBlcSPbl" style="display: none" title="Provision for doubtful trade receivables">0</span></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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Estimates and assumptions: </b>The key assumptions
concerning the future and other key sources of estimation uncertainty at the financial position date, that have a significant risk of
causing a significant adjustment to the carrying amount of assets and liabilities within the next financial year, are discussed below.
The Company based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing
circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond
the control of the Company. Such changes are reflected in the assumptions when they occur.</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><i>Carrying amount of vessels, net</i>: Vessels are stated at cost, less accumulated depreciation (including
depreciation of dry-docking costs and the amortization of the component attributable to favourable or unfavourable lease terms relative
to market terms) and accumulated impairment losses. The estimates and assumptions that have the most significant effect on the vessels
carrying amount are estimations in relation to useful lives of vessels, their residual value and estimated dry docking dates. The key
assumptions used are further explained in notes 2.9 to 2.13.</td></tr></table>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font-family: Wingdings">&#216;</span></td><td style="text-align: justify; width: 94%"><span style="font: 10pt Times New Roman, Times, Serif"><i>Impairment
                                            of Non-Financial Assets and Reversal of previously recognized impairment losses</i>: &#160;&#160;The
                                            Company&#8217;s impairment test for non-financial assets is based on the assets&#8217; recoverable
                                            amount, where the recoverable amount is the greater of fair value less costs to sell and
                                            value in use. The Company engaged independent valuation specialists to determine the fair
                                            value of non-financial assets as at December 31, 2021 and 2020. The value in use calculation
                                            is based on a discounted cash flow model. The value in use calculation is most sensitive
                                            to the discount rate used for the discounted cash flow model as well as the expected net
                                            cash flows. See notes 2.13 and 5. The Company assesses also at each reporting date whether
                                            there is any indication that an impairment loss recognized in prior periods for a vessel
                                            may no longer exist or may have decreased.</span></td></tr></table>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/>


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

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b>&#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; text-align: justify"><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; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b/></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_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue', window );">Accounting for revenue and related expenses:</a></td>
<td class="text"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zWoNq07zRX7b" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_zqPdrcYIL2Qb">Accounting for revenue and related expenses:</span></b> The Company generates
its revenues from charterers for the charter hire of its vessels. Vessels are chartered using time charters and bareboat, 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 and the Company is required to disclose lease and non-lease components
of lease revenue. Associated voyage expenses 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: 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 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Interest income</b>: interest
income is recognised as interest on an accrual basis.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Voyage expenses</b>: Voyage expenses primarily
consisting of port, canal and bunker expenses that are unique to a particular charter under time charter arrangements are paid by the
charterer. Furthermore, voyage expenses include brokerage commission on revenue which is paid by the Company. Voyage expenses are accounted
for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all voyage expenses and risk of operation.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -1cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Vessel operating expenses</b>: Vessel operating
costs include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs. Under bareboat charter
arrangements, these expenses are paid by the charterer and by the Company under time charter and voyage charter arrangements. Vessel operating
expenses are accounted for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all vessel operating
expenses and risk of operation.</p>

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


<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_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory', window );">Foreign currency translation:</a></td>
<td class="text"><p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zPds4Pls9JMf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_867_zvF5i80PW5q3">Foreign currency translation:</span></b> The functional currency of Globus and
its subsidiaries is the U.S. dollar, which is also the presentation currency of the Company, since the Company&#8217;s vessels operate
in international shipping markets, whereby the U.S. dollar is the currency used for transactions. Transactions involving other currencies
during the period are converted into U.S. dollars using the exchange rates in effect at the time of the transactions. At the financial
position dates, monetary assets and liabilities, which are denominated in currencies other than the U.S. dollar, are translated into the
functional currency using the period-end exchange rate. Gains or losses resulting from foreign currency transactions are included in foreign
exchange gains/(losses), net in the consolidated statement of comprehensive income/(loss).</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 0 0 18pt; 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_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory', window );">Cash and cash equivalents:</a></td>
<td class="text"><p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_zB92ieplxWA3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_862_zRIzGnW73ox">Cash and cash equivalents:</span></b> The Company considers highly liquid investments
such as time deposits and certificates of deposit with original maturity of three months or less to be cash and cash equivalents.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<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_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory', window );">Trade accounts receivable, net</a></td>
<td class="text"><p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_z2pQ0SxcMvt5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_z6xCs76nfbPc">Trade
accounts receivable, net</span></b><b><i>: </i></b>The amount shown as trade accounts receivable at each financial position date
includes estimated recoveries from charterers for hire, net of an allowance for doubtful accounts. Trade accounts receivable without
a significant financing component are initially measured at their transaction price and subsequently measured at amortized cost less
impairment losses, which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position
date, all potentially uncollectible accounts are assessed individually for the purpose of determining the appropriate provision for
expected credit losses. The provision for expected credit losses at December 31, 2021 was $<span id="xdx_90C_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zQ23y6ZTTDBa">8 </span>(2020:
nil).</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 0 0 18pt; 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_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories', window );">Inventories:</a></td>
<td class="text"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zsKVBNb0JPGc" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86B_zXlvD8C1tqR3">Inventories:</span></b> Inventories consist of lubricants, bunkers and gas cylinders and are stated at the
lower of cost and net realisable value. The cost is determined by the first-in, first-out method.</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 0 0 18pt; text-align: justify"/>


<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_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory', window );">Vessels, net:</a></td>
<td class="text"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zD1OikEbOGA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_869_zkc2mUVLN9xb">Vessels,
net:</span></b> Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking costs and amortization
of components attributable to favourable or unfavourable lease terms relative to market terms) and accumulated impairment losses. Vessel
cost consists of the contract price for the vessel and any material expenses incurred upon acquisition (initial repairs, improvements
and delivery expenses, interest, commissions paid and on-site supervision costs incurred during the construction periods). Subsequent
expenditures for conversions and major improvements are also capitalised when the recognition criteria are met. Otherwise these amounts
are charged to expenses as incurred.&#160;</p>

<p style="font: 10pt 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"><b/></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 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b/></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></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_ifrs-full_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory', window );">Dry-docking costs</a></td>
<td class="text"><p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_zSm0H9zAA8cg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zZuXkxFPMKId">Dry-docking costs</span></b>: <span style="font-weight: normal">Vessels are required to be dry-docked for major repairs and maintenance
that cannot be performed while the vessels are operating. Dry-dockings occur approximately every <span id="xdx_900_ecustom--IntervalBetweenVesselDrydockingSpecialSurvey_dtY_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zbf7cBFb9dGf">2.5</span>
years</span><span style="font-weight: normal">. The costs associated with the dry-dockings are capitalised and depreciated on
a straight-line basis over the period between dry-dockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management
estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled dry-docking of the
vessel under the ownership of the Company and this component is depreciated on a <span id="xdx_902_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zo08hnrHGOJd">straight-line
basis</span></span> <span style="font-weight: normal">over the remaining period through the estimated dry-docking date.</span></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>&#160;</b></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; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 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_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory', window );">Depreciation:</a></td>
<td class="text"><p id="xdx_846_eifrs-full--DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_zPICpNOS8q7g" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86B_z6I0KTxTxf6f">Depreciation:
</span></b>The cost of each of the Company&#8217;s vessels is depreciated on a <span id="xdx_90D_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zxalKg0dCct3" title="Depreciation method">straight-line
basis</span> over each vessel&#8217;s remaining useful economic life, after considering the estimated residual value of each vessel,
beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels is <span id="xdx_901_eifrs-full--DescriptionOfUsefulLifePropertyPlantAndEquipment_pip0_dt_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zqU53Vp3cVEc" title="Useful life">25
years</span>, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and
estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively.
During 2019 and 2020 the Company maintained the same scrap rate at $<span id="xdx_908_ecustom--VesselsScrapRatePerTon_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zpMLPnYmQ19b" title="Vessels scrap rate per ton"><span id="xdx_906_ecustom--VesselsScrapRatePerTon_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z5y2Pa2wDCwe" title="Vessels scrap rate per ton">300</span></span>/ton.
During the fourth quarter of 2021, the Company adjusted the scrap rate from $300/ton to $<span id="xdx_90C_ecustom--VesselsScrapRatePerTon_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zOL2jPvxRP9e" title="Vessels scrap rate per ton">380</span>/ton
due to the increased scrap rates worldwide. This resulted to a decrease of $<span id="xdx_900_ecustom--ExtraDepreciationPropertyPlantAndEquipment_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zuGqPzE8WeRj" title="Decrease in depreciation expense due to changes in scrap rate">145</span> to the depreciation charge included in the consolidated
statement of comprehensive income/(loss) for 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#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_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory', window );">Amortization of lease component:</a></td>
<td class="text"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForLeasesExplanatory_zsBIs2ObOeLl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zebiargfeIW3">Amortization of lease component:</span></b> When the Company acquires a vessel subject to an operating lease;
it amortizes the amount reflected in the cost of that vessel that is attributable to favourable or unfavourable lease terms relevant to
market terms, over the remaining term of the lease<span style="background-color: white">. The amortization is included in the line &#8220;amortization</span>
of fair value of time charter attached to vessels&#8221; in the income statement component of the consolidated statement of comprehensive
income/(loss).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<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_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory', window );">Impairment of Long-Lived Assets and Reversal of previously recognized impairment losses:</a></td>
<td class="text"><p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_zS0rFotRDzn9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zfzodF1H30Xc">Impairment
of Long-Lived Assets and Reversal of previously recognized impairment losses:</span></b> The Company assesses at each reporting date
whether there is an indication that a vessel may be impaired. The vessel&#8217;s recoverable amount is estimated when events or
changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value
exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the
greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted
to their present value using a discount rate that reflects current market assessments of the time value of money and the risks
specific to the vessel. Impairment losses are recognised in the consolidated statement of comprehensive income/(loss). The Company
assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a
vessel may no longer exist or may have decreased. A previously recognised impairment loss is reversed only if there has been a
change in the estimates used to determine the asset&#8217;s recoverable amount since the last impairment loss was recognised. If
that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the
carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised for the asset in prior
years. Such reversal is recognised in the consolidated statement of comprehensive income/(loss). After such a reversal, the
depreciation charge is adjusted in future periods to allocate the asset&#8217;s revised carrying amount, less any residual value, on
a systematic basis over its remaining useful life (refer to note 5).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#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_ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory', window );">Long-term debt:</a></td>
<td class="text"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zAhP3GOIvtr3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86C_zOhKTaooI6lf">Long-term debt:</span></b> Long-term debt is initially recognised at the fair value of the consideration received
net of financing costs directly attributable to the borrowing. After initial recognition, long-term debt is subsequently measured at amortized
cost using the effective interest rate method. Amortized cost is calculated by taking into account any financing costs and any discount
or premium on settlement. Gains and losses are recognised in the income statement component of the consolidated statement of comprehensive
income/(loss) when the liabilities are derecognised or impaired, as well as through the amortization process.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<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_ifrs-full_DescriptionOfAccountingPolicyForFinanceCostsExplanatory', window );">Financing costs:</a></td>
<td class="text"><p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinanceCostsExplanatory_zgQhoG8IeMq4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zV2lMqgZ4Qd">Financing
costs:</span></b> Fees incurred for obtaining new loans or refinancing existing loans are deferred and amortized over the life of the
related debt, using the effective interest rate method. Any unamortized balance of costs relating to loans repaid or refinanced is expensed
in the period the repayment or refinancing is made. For the year ended December 31, 2021, the Company deferred financing costs of $<span id="xdx_903_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zMOfhEmmDOqg">545</span>,
which relate to the costs incurred for the loan agreement with CIT Bank N.A. (This loan facility is referred to as the CIT Loan Facility,
see Note 11 for more details). For the year ended December 31, 2020, the Company did not incur any financing costs. For the year ended
December 31, 2019, the Company deferred financing costs of $<span id="xdx_90F_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zdMRhgoLWamj">880</span>,
which relate to the costs incurred for the loan agreement with EnTrust Global&#8217;s Blue Ocean Fund (see Note 11 for more details).<span id="xdx_90E_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20200101__20201231_zldE7K5PYa74" style="display: none">0</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><i>&#160;</i></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_ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory', window );">Borrowing costs:</a></td>
<td class="text"><p id="xdx_84B_eifrs-full--DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_zVnWJn9zJvuh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zdNSyEacuHod">Borrowing costs:</span></b>
Borrowing costs consist of interest and other costs that the Company incurs in connection with the borrowing of funds. Borrowing costs
are expensed to the income statement component of the consolidated statement of comprehensive income/(loss) as incurred under &#8220;interest
expense and finance costs&#8221; except borrowing costs that relate to a qualifying asset. A qualifying asset is an asset that necessarily
takes a substantial period of time to get ready for its intended use. Borrowing costs that relate to qualifying assets are capitalised.</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; text-align: justify"/>



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

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><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"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>


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


<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_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory', window );">Operating segment:</a></td>
<td class="text"><p id="xdx_84F_eifrs-full--DescriptionOfAccountingPolicyForSegmentReportingExplanatory_zEbacq1I3Xtd" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_861_zGLFH480D6wi">Operating segment:</span></b> The Company reports financial information and evaluates its operations by charter
revenues and not by other factors such as length of ship employment for its customers i.e., spot or time charters or type of vessel. The
Company does not use discrete financial information to evaluate the operating results for each such type of charter. Although revenue
can be identified for these types of charters, management cannot and does not identify expenses, profitability or other financial information
for these charters. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue
per day and operating results of the fleet and thus the Company has determined that it operates as <span id="xdx_908_ecustom--NumberOfOperatingSegments_dc_uPure_c20210101__20211231_zQFbst39HIRi">one</span> operating segment. Furthermore,
when the Company charters a vessel to a charterer, the charterer is free to trade the vessel worldwide and, as a result, the disclosure
of geographical information is impracticable.</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 0 0 18pt; text-align: justify"/>

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



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

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#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_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory', window );">Provisions and contingencies:</a></td>
<td class="text"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zL6e323Pfjo8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.18&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86F_zVqYGGIK2td2">Provisions and contingencies:</span> </b>Provisions are recognized when the Company has a present legal or
constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required
to settle the obligation and, a reliable estimate of the amount of the obligation can be made. Provisions are reviewed at each financial
position date and adjusted to reflect the present value of the expenditure expected to be required to settle the obligation. Contingent
liabilities are not recognized in the consolidated financial statements but are disclosed unless the possibility of an outflow of resources
embodying economic benefits is remote, in which case there is no disclosure. Contingent assets are not recognized in the consolidated
financial statements but are disclosed when an inflow of economic benefits is probable.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -30pt"><b>&#160;</b></p>

<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_ifrs-full_DescriptionOfAccountingPolicyForTerminationBenefits', window );">Pension and retirement benefit obligations:</a></td>
<td class="text"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForTerminationBenefits_zhfL6waAs8K4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.19&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_869_zsbFlZdnNXLi">Pension
and retirement benefit obligations:</span> </b>The crew on board the vessels owned by the ship-owning companies, wholly owned
subsidiaries of Globus, is employed under short-term contracts (usually up to nine months) and, accordingly, the Company is not
liable for any pension or post-retirement benefits payable to the crew.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Provision for employees&#8217;
severance compensation: </b>The Greek employees of the Company are bound by the Greek Labour law. Accordingly, compensation is payable
to such employees upon dismissal or retirement. The amount of compensation is based on the number of years of service and the amount of
remuneration at the date of dismissal or retirement. <span id="xdx_90B_eifrs-full--DescriptionOfNatureOfBenefitsProvidedByPlan_pip0_c20210101__20211231_zR4l5bXIKIAk">If the employee remains in the employment of the Company until normal retirement
age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were
dismissed at that time.</span> The number of employees that will remain with the Company until retirement age is not known. The Company has provided
for the employees&#8217; retirement compensation liability which amounted to $<span id="xdx_902_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20211231_zpC9TuwpSm4a" title="Net defined benefit liability">114</span> as at December 31, 2021 (2020: $<span id="xdx_907_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20201231_zbj079E0Oypf" title="Net defined benefit liability">31</span>), calculated by using
the Projected Unit Credit Method and disclosed under non-current liabilities in the consolidated statement of financial position.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#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_ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory', window );">Offsetting of financial assets and liabilities:</a></td>
<td class="text"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_zIxUNzYr2aX2" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.20&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_862_zTiEkMkMe0t4">Offsetting of financial assets and liabilities:</span> </b>Financial assets and liabilities are offset and
the net amount is presented in the consolidated financial position only when the Company has a legally enforceable right to set off the
recognised amounts and intend either to settle such asset and liability on a net basis or to realize the asset and settle the liability
simultaneously.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>


<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_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory', window );">Financial assets and liabilities:</a></td>
<td class="text"><p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_zvPmReIibgzi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.21&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zHUN84GpQmN7">Financial assets and liabilities:</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b><span>&#160;</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>i. Classification and measurement of
financial assets and financial liabilities</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Under IFRS 9, on initial recognition, a financial
asset is classified as measured at: amortized cost; fair value through other comprehensive income (FVOCI) - debt investment; FVOCI - equity
investment; or fair value through profit or loss (FVTPL). The classification of financial assets under IFRS 9 is generally based on the
business model in which a financial asset is managed and its contractual cash flow characteristics.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset is measured at amortized
cost if it meets both of the following conditions and is not designated as at FVTPL:	</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">it is held within a business model whose objective is to hold assets to collect
contractual cash flows; and</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A debt investment is measured at FVOCI if
it meets both of the following conditions and is not designated as at FVTPL:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">it is held within a business model whose objective is achieved by both collecting
contractual cash flows and selling financial assets; and</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table>

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

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

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



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

<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>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">All financial assets not classified as measured
at amortized cost or FVOCI as described above are measured at FVTPL. On initial recognition, the Company may irrevocably designate a financial
asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly
reduces an accounting mismatch that would otherwise arise.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset (unless it is a trade
receivable without a significant financing component that is initially measured at the transaction price) is initially measured at fair
value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition.</p>

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>ii. Impairment of financial assets</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">IFRS 9 replaced the &#8220;incurred loss&#8221;
model in IAS 39 with an &#8220;expected credit loss&#8221; (ECL) model. The  impairment model applies to financial assets measured
at amortized cost, contract assets and debt investments at FVOCI, but not to investments in equity instruments. Under IFRS 9, credit losses
are recognized earlier than under IAS 39.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The financial assets at amortized cost consist
of trade accounts receivable and cash and cash equivalents.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Under IFRS 9, loss allowances are measured
on either of the following bases:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">12-month ECLs: these are ECLs that result from possible default events within
the 12 months after the reporting date; and</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">lifetime ECLs: these are ECLs that result from all possible default events
over the expected life of a financial instrument.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">When determining whether the credit risk of
a financial asset has increased significantly since initial recognition and when estimating ECLs, the Company considers reasonable and
supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information
and analyses, based on the Company's historical experience and informed credit assessment and including forward-looking information.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company assumes that the credit risk on
a financial asset has increased significantly if it is more than 180 days past due.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company considers a financial asset to
be in default when:</p>

<p style="font: 10pt 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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the counterparty is unlikely to pay its contractual obligations to the Company
in full, without recourse by the Company to actions such as realising security (if any is held); or</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: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the financial asset is more than 1 year past due.</span></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The maximum period considered when estimating
ECLs is the maximum contractual period over which the Company is exposed to credit risk.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">ECLs are a probability-weighted estimate of
credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between cash flows due to the
entity in accordance with the contract and cash flows that the Company expects to receive). ECLs are discounted at the effective interest
rate of the financial asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Loss allowances for financial assets measured
at amortized cost are deducted from the gross carrying amount of the assets.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>iii. Derecognition of financial assets
</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial asset (or, where applicable a
part of a financial asset or part of a group of similar financial assets) is derecognised where:</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the rights to receive cash flows from the asset have expired;</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the Company retains the right to receive cash flows from the asset, but has
assumed an obligation to pay them in full without material delay to a third party under a &#8220;pass-through&#8221; arrangement; or </span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 5%"/><td style="width: 1%"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">the Company has transferred its rights to receive cash flows from the asset
and either (a) has transferred substantially all the risks and rewards of the assets, or (b) has neither transferred nor retained substantially
all the risks and rewards of the asset but has transferred control of the asset.</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 0 0 36pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Where the Company has transferred its rights
to receive cash flows from an asset and has neither transferred nor retained substantially all the risks and rewards of the asset nor
transferred control of the asset, the asset is recognised to the extent of the Company&#8217;s continuing involvement in the asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Continuing involvement that takes the form
of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount
of consideration that the Company could be required to repay.</p>

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

<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: 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>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>iv. Derecognition of Financial liabilities:
</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">A financial liability is derecognised
when the obligation under the liability is discharged or cancelled or expires.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Where an existing financial liability is replaced
by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such
an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability and, the difference
in the respective carrying amounts is recognised in profit or loss.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></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_DescriptionOfAccountingPolicyForLesseeExplanatory', window );">Leases:</a></td>
<td class="text"><p id="xdx_840_ecustom--DescriptionOfAccountingPolicyForLesseeExplanatory_zFXkscLNbT8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.22&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_867_z5DQJ8kPzel6">Leases:</span></b> IFRS 16 sets out the principles
for the recognition, measurement, presentation and disclosure of leases for both parties to a contract, i.e. the customer (&#8220;lessee&#8221;)
and the supplier (&#8220;lessor&#8221;). The new standard requires lessees to recognize most leases on their financial statements. Lessees
will have a single accounting model for all leases, with certain exemptions. Lessor accounting is substantially unchanged.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The Company has initially adopted IFRS
16 on January 1, 2019 using the modified retrospective approach. On transition, the Company has elected
to apply the practical expedients available for leases with a remaining lease term of less than one year and leases of low value assets.</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 0 0 18pt; text-align: justify"><b>Leases &#8211; where
the Company is the lessee: </b>The Company applies a single recognition and measurement approach for all leases, except for short term
leases and leases of low value assets. The Company recognizes lease liabilities to make payments and right of use assets representing
the right of use of the underlying asset. The Company recognises right-of-use assets at the commencement date of the lease (i.e., the
date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment
losses and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities
recognised, initial direct costs incurred and lease payments made at or before the commencement date less any lease incentives received.
Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the
assets. If ownership of the leased asset transfers to the Group at the end of the lease term or the cost reflects the exercise of a purchase
option, depreciation is calculated using the estimated useful life of the asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At the commencement
date of the lease, the Company recognises lease liabilities measured at the present value of lease payments to be made over the lease
term. The lease payments include fixed payments (including any in-substance fixed payments) less any lease incentives receivable, variable
lease payments that depend on an index or a rate, and any amounts expected to be paid under residual value guarantees. The lease payments
also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating
the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an
index or a rate are recognised as expenses (unless they are incurred to produce inventories) in the period in which the event or condition
that triggers the payment occurs. In calculating the present value of lease payments, the Company uses its incremental borrowing rate
at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date,
the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition,
the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments
(e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the
assessment of an option to purchase the underlying asset.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At transition, the Company identified the
rental agreement with Cyberonica S.A., to give rise to a right of use asset and a corresponding liability estimated to approximately $<span id="xdx_905_eifrs-full--RightofuseAssets_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z9AbBlSwFKG9" title="Right of use asset"><span id="xdx_90B_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z7pV4OaHzYd9" title="Lease liability">674</span></span>
as at January 1, 2019, calculated as the present value of minimum future lease payments. The discount rate used is the incremental cost
of borrowing, amounting to <span id="xdx_90F_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_uPure_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zI3FLBpstUF1" title="Incremental cost of borrowing">8%</span>. In addition, the nature and recognition of expenses related to those leases changed as IFRS 16 replaced
the straight-line operating lease expense with a depreciation charge for right-of-use assets and interest expense on lease liabilities.</p>

<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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">The depreciation charge for right-of-use
assets for the years ended December 31, 2021, 2020 and 2019 was approximately $<span id="xdx_907_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_z3fCD1NZ0sIk" title="Depreciation charge for right-of-use assets">206</span>, $<span id="xdx_90B_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zIfDJOHNgYb8" title="Depreciation charge for right-of-use assets">112</span> and $<span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_z4hR1dFbLNWk" title="Depreciation charge for right-of-use assets">112</span>, respectively, and the interest expense
on lease liabilities for the years ended December 31, 2021, 2020 and 2019 was approximately $<span id="xdx_900_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zuD61d0fjx92" title="Interest expense on lease liabilities">52</span>, $<span id="xdx_908_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zKsdife3jjHf" title="Interest expense on lease liabilities">44</span> and $<span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z78Y9wj4bEE7" title="Interest expense on lease liabilities">51</span>, respectively. As at December
31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $<span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zly0esYVT5B1" title="Right of use asset">888</span>, $<span id="xdx_909_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zLw2kFiO9Blf" title="Right of use asset">450</span> and $<span id="xdx_90C_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zSzZ4vvWdUy7" title="Right of use asset">562</span>, respectively.</p>

<p style="font: 10pt 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"><b/></p>


<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 35.45pt; text-align: justify"/>

<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>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis of Preparation and Significant Accounting
Policies (continued)</b></p>

<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 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>Leases &#8211; where
an entity is the lessor: </b>Leases of vessels where the entity does not transfer substantially all the risks and benefits of ownership
of the vessel are classified as operating leases. Lease income on operating leases is recognised on a straight-line basis over the lease
term. Contingent rents are recognised as revenue in the period in which they are earned.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 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 includes crew expenses, maintenance and consumable costs and was approximately $<span id="xdx_90E_eifrs-full--DirectOperatingExpenseFromInvestmentProperty_pn3n3_c20210101__20211231_zkrPJClaJ5Kc">14,066</span>
for the year ended December 31, 2021. The lease component that is disclosed then is calculated as the difference between total
revenue and the non-lease component revenue and was approximately $<span id="xdx_908_ecustom--LeaseAndNonleaseComponents_pn3n3_c20210101__20211231_zRkMy0n0Bns2" title="Lease components">29,145</span>
for the year ended December 31, 2021.</p>

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


<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_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts', window );">Insurance:</a></td>
<td class="text"><p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForInsuranceContracts_zz9ZtK6Jv6ic" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><b>2.23&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86D_zdpgGDRdYwU5">Insurance:</span> </b>The Company recognizes insurance claim recoveries for insured losses incurred on damage
to vessels. Insurance claim recoveries are recorded, net of any deductible amounts, at the time the Company&#8217;s vessels suffer insured
damages. They include the recoveries from the insurance companies for the claims, provided there is evidence the amounts are virtually
certain to be received.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#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_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory', window );">Share based compensation:</a></td>
<td class="text"><p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zwr68qxBjTbi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.24&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_866_zJQz0Vf18gPf">Share
based compensation:</span></b></span> <span style="font-size: 10pt; letter-spacing: -0.1pt">Globus operates equity-settled, share-based
compensation plans. The value of the service received in exchange of the grant of shares is recognized as an expense. The total amount
to be expensed over the vesting period is determined by reference to the fair value of the share awards at the grant date. The relevant
expense is recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding
impact in equity.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt">&#160;</span></p>


<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_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory', window );">Share capital and Warrants</a></td>
<td class="text"><p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_z0djqPQ7IxHl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.25&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_z9JIDTRbpXxd">Share
capital and Warrants</span></b></span><b><span style="font-size: 10pt; letter-spacing: -0.1pt">: </span></b><span style="font-size: 10pt; letter-spacing: -0.1pt">Common
shares and preferred shares are classified as equity. Incremental costs directly attributable to the issue of new shares are
recognised in equity as a deduction from the proceeds. The Company&#8217;s warrants meet the classification criteria as per IAS 32
and, accordingly, are classified in equity.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt">&#160;</span></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_ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory', window );">Dividends</a></td>
<td class="text"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForDividendsExplanatory_zz9AWkL1GALi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.26&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_86E_zq2FNtLpfi19">Dividends</span></b></span><b><span style="font-size: 10pt; letter-spacing: -0.1pt">:
</span></b><span style="font-size: 10pt">Dividends to shareholders are recognised in the period in which the dividends are declared and
appropriately authorised and are accounted for as dividends payable until paid. </span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


<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_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory', window );">Fair value measurement:</a></td>
<td class="text"><p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_zrOxRAxrX5L1" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.27&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zDWfjidU8mde">Fair
value measurement:</span></b></span> <span style="font-size: 10pt">The Company measures financial instruments, such as, derivatives and
non-financial assets at fair value at each reporting date. In addition, fair values of financial instruments measured at amortised cost
are disclosed in note 21. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction
to sell the asset or transfer the liability takes place either, a) in the principal market for the asset or the liability or b) in the
absence of a principal market, in the most advantageous market for the asset or liability both being accessible by the Company. The fair
value of an asset or a liability is measured using the assumptions that the market participants would use when pricing the asset or liability,
assuming that the market participants act in their best economic interest. A fair value measurement of a non-financial asset takes into
account the market participant&#8217;s ability to generate economic benefits by using the asset in its highest and best use or by selling
it to another market participant that would use the asset in its highest and best use. 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.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">The Company
uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 1: quoted
(unadjusted) prices in active markets for identical assets or liabilities.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 81pt; text-align: justify; text-indent: -45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 2: other
techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">Level 3: techniques
which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">For assets
and liabilities that are recognised in the consolidated financial statements on a recurring basis, the Company determines whether transfers
have occurred between levels in the hierarchy by reassessing categorization at the end of each reporting period.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">The Company
engaged independent valuation specialists to determine the fair value of non-financial assets.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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; text-align: justify"/>



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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Basis
of Preparation and Significant Accounting Policies (continued)</b></span></p>

<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; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></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_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements', window );">Current versus non-current classification:</a></td>
<td class="text"><p id="xdx_843_ecustom--DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_zSImWYvBSWTf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.28&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_863_zVKZw5zVO3gh">Current
versus non-current classification:</span></b></span> <span style="font-size: 10pt">The Company presents assets and liabilities in the
consolidated statement of financial position based on current/non-current classification.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">An asset as
current when it is:</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Expected
                                            to be realised or intended to be sold or consumed in a normal operating cycle </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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Held
                                            primarily for the purpose of trading </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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Expected
                                            to be realised within twelve months after the reporting 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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">Cash
                                            or cash equivalent</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">All other
assets are classified as non-current.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">A liability
is current:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is expected to be settled in a normal operating cycle</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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is held primarily for the purpose of trading </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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">It
                                            is due to be settled within twelve months after the reporting 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: 5%"/><td style="width: 1%"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify; width: 94%"><span style="font-size: 10pt">There
                                            is no unconditional right to defer the settlement of the liability for at least twelve months
                                            after the reporting period.</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">All other
liabilities are classified as non-current.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>


<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_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory', window );">Embedded Derivatives:</a></td>
<td class="text"><p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_zkymjf2MieV5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.29&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zDgnmKMxFWo8">Embedded
Derivatives:</span></b></span> <span style="font-size: 10pt">An embedded derivative is a component of a hybrid contract that also includes
a non-derivative host, with the effect that some of the cash flows of the combined instrument vary in a way similar to a stand-alone
derivative. An embedded derivative is separated from the host contract if, and only if (IFRS 9.4.3.3):</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(a) the economic
characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(b) a separate
instrument with the same terms as the embedded derivative would meet the definition of a derivative; and</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">(c) the hybrid
contract is not measured at fair value with changes in fair value recognised in profit or loss (i.e. a derivative that is embedded in
a financial liability at fair value through profit or loss is not separated).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">&#160;</span></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_DescriptionOfAccountingPolicyForRestrictedCashExplanatory', window );">Restricted Cash:</a></td>
<td class="text"><p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForRestrictedCashExplanatory_zUtNdXhMEP17" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.30&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_865_zKTuhqngG5n3">Restricted
Cash:</span></b></span> <span style="font-size: 10pt">Restricted cash represents pledged cash deposits or minimum liquidity required to
be maintained under the Company's borrowing arrangements. In the event that the obligation to maintain such deposits is expected to be
terminated within the next twelve months, these deposits are classified as current assets. Otherwise they are classified as non-current
assets.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<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_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory', window );">Interest Rate Swap:</a></td>
<td class="text"><p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_znlQdGJxENbh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.31&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_860_zrblGC9BKm51">Interest
Rate Swap:</span></b></span> <span style="font-size: 10pt">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, maximizing
the use of relevant observable inputs and minimizing the use of unobservable inputs. The valuation technique used for the Interest Rate
Swaps is the discounted cash flow (see also note 21). The Company has not designated these interest rate swaps for hedge accounting.</span></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 0 0 18pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></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 0 0 18pt; text-align: justify"/>

<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 0 0 18pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">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 consolidated statement of financial position. In the event that the respective asset or liability is expected to be materialized
within the next twelve months, it is classified as current asset or liability. Otherwise, the respective asset or liability is classified
as non-current asset or liability.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt">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;Gain/
(Loss) on derivative financial instruments&#8221; in the consolidated statement of comprehensive income/(loss). Realized gains or losses
resulting from interest rate swaps are recognized in profit or loss under &#8220;Gain / (Loss) on derivative financial instruments&#8221;
in the consolidated statement of comprehensive income/(loss).</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></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_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory', window );">Management &amp; consulting fee income:</a></td>
<td class="text"><p id="xdx_84D_ecustom--DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_zcRWkx6ZZpC8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b>2.32&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_864_zfTQ1QqCQD6h">Management
&amp; consulting fee income:</span></b></span> <span style="font-size: 10pt">The Company enters into consultancy agreements with other
companies for the purpose of providing consultancy services. For these services the Company receives a fee. The total income from these
fees is classified in the income statement component of the consolidated statement of comprehensive income/(loss) under management &amp;
consulting fee income.</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory</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>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_DescriptionOfAccountingPolicyForLesseeExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for leases acting as lessee.</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_DescriptionOfAccountingPolicyForLesseeExplanatory</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>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_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory</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>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_DescriptionOfAccountingPolicyForRestrictedCashExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for restricted cash.</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_DescriptionOfAccountingPolicyForRestrictedCashExplanatory</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>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_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 accounting policy used to determine the characteristics of current and noncurrent elements as in the 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_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements</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>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_ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for interest and other costs that the entity incurs in connection with the borrowing of funds.</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 117<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_117_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_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for 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 117<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_117_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_DescriptionOfAccountingPolicyForBorrowingsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for depreciation expense. [Refer: Depreciation and amortisation expense]</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 117<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_117_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_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for derivative financial instruments. [Refer: Financial instruments, class [member]; 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 117<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_117_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_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital.</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 117<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_117_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_DescriptionOfAccountingPolicyForDividendsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for fair value measurement. [Refer: At fair value [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 117<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_117_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_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForFinanceCostsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for finance costs. [Refer: Finance 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 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<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_117_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_DescriptionOfAccountingPolicyForFinanceCostsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for financial liabilities. [Refer: 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 117<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_117_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_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for foreign currency translation.</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 117<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_117_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_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for the impairment of non-financial assets. [Refer: 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 117<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_117_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_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for insurance contracts and related assets, liabilities, income and expense. [Refer: Types of 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 Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 37<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_37_a&amp;doctype=Standard&amp;book=b<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 117<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_117_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_DescriptionOfAccountingPolicyForInsuranceContracts</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>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_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for issued capital. [Refer: Issued capital]</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 117<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_117_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_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for leases. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.</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 117<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_117_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_DescriptionOfAccountingPolicyForLeasesExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for measuring 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 a<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_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_DescriptionOfAccountingPolicyForMeasuringInventories</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>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_ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for the offsetting of financial instruments. [Refer: 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/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<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_117_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_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for property, plant and equipment. [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/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<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_117_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_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for provisions. [Refer: Provisions]</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 117<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_117_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_DescriptionOfAccountingPolicyForProvisionsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for recognising revenue. [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 117<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_117_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_DescriptionOfAccountingPolicyForRecognitionOfRevenue</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>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_ifrs-full_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for regulatory deferral accounts. [Refer: Regulatory deferral account balances [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 117<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_117_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_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for 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 117<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_117_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_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for segment reporting.</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 117<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_117_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_DescriptionOfAccountingPolicyForSegmentReportingExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for transactions in which the entity: (a) receives goods or services from the supplier of those goods or services (including an employee) in a share-based payment arrangement; or (b) incurs an obligation to settle the transaction with the supplier in a share-based payment arrangement when another group entity receives those goods or services. [Refer: Share-based payment arrangements [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 117<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_117_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_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory</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>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_ifrs-full_DescriptionOfAccountingPolicyForTerminationBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for termination benefits. [Refer: Termination benefits expense]</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 117<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_117_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_DescriptionOfAccountingPolicyForTerminationBenefits</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>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_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's accounting policy for trade and other receivables. [Refer: Trade and other 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/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<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_117_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_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory</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>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_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 initial application of an IFRS. [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 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28&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_DescriptionOfInitialApplicationOfStandardsOrInterpretations</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>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_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 judgements that management has made in the process of applying the entity's accounting policies that have the most significant effect on amounts recognised in the financial statements along with information about the assumptions that the entity makes about the future, and other major sources of estimation uncertainty at the end of the reporting period, that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the next year. [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/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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory</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>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_ifrs-full_DisclosureOfGoingConcernExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's ability to continue as a going concern.</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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfGoingConcernExplanatory</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>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_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract</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>43
<FILENAME>R29.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042291560">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" 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>
<td class="text"><p id="xdx_892_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_znzOoIe3ghW6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt 0 20pt; display: none; text-align: justify; text-indent: 0cm">Basis of presentation
and general information</p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt">&#160;</td><td style="font: 11pt Baskerville Win95BT; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zJHcU9aBR8Yb" style="font: 11pt Baskerville Win95BT; text-align: center; padding-bottom: 1pt">&#160;</td><td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_487_ecustom--VesselDeliveryDate_dd0_z2NnI48HW926" style="font-size: 12pt; text-align: center">&#160;</td><td style="font-size: 12pt; padding-bottom: 1pt">&#160;</td>
    <td id="xdx_48F_eifrs-full--NameOfSubsidiary_d0_zBg87Cgk89Ii" style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid; padding-right: 0pt; width: 34%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><b>&#160;Company</b></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt"><b><span id="xdx_914_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zx35VXoB7eD7">Country of Incorporation</span></b></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center"><p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b><span id="xdx_91D_ecustom--VesselDeliveryDate_zL3wP0XZpEN5">Vessel Delivery
                                                                                 Date</span></b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"/></td><td style="width: 1%; padding-bottom: 1pt"><b>&#160;</b></td>
    <td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"><b>&#160;<span id="xdx_914_eifrs-full--NameOfSubsidiary_znn01oIG7rqc">Vessel
    Owned</span></b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: center">&#160;</td><td style="font: 11pt Baskerville Win95BT">&#160;</td>
    <td style="font: 11pt Baskerville Win95BT; text-align: left">&#160;</td></tr>
  <tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_zNZySjX0gF7j" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Globus Shipmanagement Corp.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0566">-&#160;</span></td><td>&#160;</td>
    <td style="text-align: center">Management Co.</td></tr>
  <tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_zo2c3TcQVi3l" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Devocean Maritime Ltd.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">December 18, 2007</span></td><td>&#160;</td>
    <td style="text-align: center">m/v River Globe</td></tr>
  <tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zuBSKrcxWpI5" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Domina Maritime Ltd.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">May 19, 2010</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Sky Globe</td></tr>
  <tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zmYOjPEsgu12" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Dulac Maritime S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">May 25, 2010</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Star Globe</td></tr>
  <tr id="xdx_415_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zcSV6FrviNj3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Artful Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">June 22, 2011</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Moon Globe</td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_ziWsFW6HxqNc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt">Longevity Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">Malta</td><td>&#160;</td>
    <td style="text-align: center">September 15, 2011</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">m/v Sun Globe</td></tr>
  <tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zfqwaa2r6lT3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 0pt">Serena Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 0pt">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center">October 29, 2020</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">m/v Galaxy Globe</td></tr>
  <tr id="xdx_411_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zUHgO6dEUmzg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt">Talisman Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 0pt">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center">July 20, 2021</td><td>&#160;</td>
    <td style="text-align: center; padding-left: 5.4pt">m/v Power Globe</td></tr>
  <tr id="xdx_41A_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zcX3wb9PH6v7" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Argo Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">June 9, 2021</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Diamond Globe</td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_ztyxbQVoqcbb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Calypso Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="padding-right: 30pt; padding-left: 30pt; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0593">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0594">&#8211;</span></td></tr>
  <tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zNc4vFkb2vve" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Daxos Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0596">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0597">&#8211;</span></td></tr>
  <tr id="xdx_41B_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_z0SiQ082dDue" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Olympia Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0599">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0600">&#8211;</span></td></tr>
  <tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zIbKoJmOggeb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Paralus Shipholding S.A.</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0602">&#8211;</span></td><td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0603">&#8211;</span></td></tr>
  <tr id="xdx_418_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zPYoQ6I72AVc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Salaminia Maritime Limited</td><td>&#160;</td>
    <td style="text-align: center">Marshall Islands</td><td>&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">November 29, 2021</span></td><td>&#160;</td>
    <td style="text-align: center">m/v Orion Globe</td></tr>
  </table>



<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_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract</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_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>44
<FILENAME>R30.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180044966536">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash and cash equivalents and Restricted cash (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_CashAndCashEquivalentsAbstract', window );"><strong>Cash and cash equivalents [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_DisclosureOfCashAndBankBalancesExplanatory', window );">Cash and cash equivalents and Restricted cash</a></td>
<td class="text"><p id="xdx_89A_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zXLA6UR6cbK2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Cash
and cash equivalents and Restricted cash</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20211231_z3KPcUedqvSk" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_492_20201231_zzwrMEQcEBDc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December
    31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify; width: 79%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-left: -20pt; font-weight: bold; text-align: right; padding-right: -20pt; width: 10%"><span style="font-size: 10pt">2021</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-indent: -30pt; padding-left: -20pt; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_407_eifrs-full--CashOnHand_iI_pn3n3_maCACEzwtA_zyv6CgiAfHT5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Cash on hand</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">25</span></td>


    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">13</span></td></tr>
  <tr id="xdx_40E_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzwtA_zEZVNgRgeDqj" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Cash at banks</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">45,188</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">19,024</span></td></tr>
  <tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzwtA_zMakVw2o22Ef" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">45,213</span></td>
    <td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">19,037</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfCashAndBankBalancesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfCashAndBankBalancesExplanatory</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>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_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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045235096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Transactions with Related Parties (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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>
</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_DisclosureOfCompensationOfNonExecutiveDirectors', window );">Transactions with Related Parties - Compensation to the Company's Non-Executive Directors</a></td>
<td class="text"><p id="xdx_899_ecustom--DisclosureOfCompensationOfNonExecutiveDirectors_zuhmoYScgar8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"><span style="font-size: 10pt">Transactions
with Related Parties - Compensation to the Company's Non-Executive Directors</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_491_20210101__20211231_z8LKDV7VcNDb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20200101__20201231_zWrxLTouhEc1" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20190101__20191231_zcQmOBjS3jCj" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For
    the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; width: 68%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_401_eifrs-full--DirectorsRemunerationExpense_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zaN0SewJMDK5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Directors&#8217; remuneration</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">145</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">143</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">147</span></td></tr>
  <tr id="xdx_409_ecustom--DirectorsCompensationSharebasedPayment_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zWod7FECBfFk" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Share-based payments (Note
    12)</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">40</span></td></tr>
  <tr id="xdx_403_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_mtKMPCzHgk_zEyj3MgNtpXl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">185</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">183</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">187</span></td></tr>
  </table>

<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_DisclosureOfCompensationOfExecutiveDirector', window );">Transactions with Related Parties - Compensation to the Company's Executive Director</a></td>
<td class="text"><p id="xdx_89E_ecustom--DisclosureOfCompensationOfExecutiveDirector_z7B5GPyTvQ0a" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"><span id="xdx_8B9_zV3d3XQ3ySF1" style="font-size: 10pt">Transactions
with Related Parties - Compensation to the Company's Executive Director</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt; width: 68%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20210101__20211231_zOxZneWaMOj3" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20200101__20201231_zlkSKiE1RMfd" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center; width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20190101__20191231_zX645Zz3QyA2" style="font-size: 12pt; text-align: center; width: 10%"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For
    the year ended December 31,</span></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
<tr id="xdx_40C_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_maKMPCzSqc_zdB6dfzwLEd6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Short-term employee benefits</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">1,216</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">1,772</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">224</span></td></tr>
<tr id="xdx_409_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_mtKMPCzSqc_zKgvHNZLsEMg" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,216</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,772</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">224</span></td></tr>
</table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfCompensationOfExecutiveDirector">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entire disclosure for compensation of executive director.</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_DisclosureOfCompensationOfExecutiveDirector</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>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_DisclosureOfCompensationOfNonExecutiveDirectors">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entire disclosure for compensation of non-executive directors.</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_DisclosureOfCompensationOfNonExecutiveDirectors</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>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_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfTransactionsBetweenRelatedPartiesAbstract</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>46
<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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042175384">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory', window );">Vessels, net - Consolidated Statement of Financial Position</a></td>
<td class="text"><p id="xdx_89C_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_znXRMOxN6bih" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Vessels,
net - Consolidated Statement of Financial Position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="text-align: center; font-size: 12pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Vessels
    cost</span></td>
    <td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Vessels
    accumulated depreciation</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Dry
    docking costs</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Accumulated
    depreciation of dry-docking costs</span></td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><span style="font-size: 10pt">Net
    Book Value</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance
    at January 1, 2019</span></td>
    <td id="xdx_98A_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z7fHoWccciBh" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">179,427</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zSxnWGXT7ZVb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(97,280)</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCNRdg2Ydl0e" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">6,978</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zuQcNPoajvgb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance"><span style="font-size: 10pt">(5,375)</span></td><td style="width: 1%; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVDOvqwr6rP9" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">83,750</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHtsiKnYqEg5" style="text-align: right"><span style="font-size: 10pt">54</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKxBsQpFcXvb" style="text-align: right"><span style="font-size: 10pt">622</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAR9JRlttEz6" style="text-align: right"><span style="font-size: 10pt">676</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td>
    <td id="xdx_984_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z13G4aA5zqy3" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(29,902)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAdz0OvDBUck" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(29,902)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zO8pn8qJDR4b" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(4,578)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zLEOkXj259Y6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(1,704)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zZZRFrFj5oDg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(6,282)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2019</span></td>
    <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zUuCvfukpfka" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">149,579</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za3bI2zLYk5k" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(101,858)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zMXfhOWLuJGj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">7,600</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zlt3oMjd6eeh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(7,079)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zvRIwZ9mnuY8" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">48,242</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z5McHP2XgTKg" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">18,028</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zI34FVYhbS29" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,283</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zIZkS4urANy1" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">22,311</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td>
    <td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zSylcLPvPZO8" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVeWixOgWec7" style="text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_znAyGjzIDeN2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,253)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z475T4dsznR9" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(1,335)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z79uxbhAxBcg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,588)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2020</span></td>
    <td id="xdx_986_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zIoW0XzRxOW4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">162,992</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z6QpfqP7Rb35" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(104,111)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zL7uln2SBqdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">11,883</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQ7awIeMg6C7" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">(8,414)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zSa1HNbh11g5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">62,350</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ7FEWrYMLLb" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">70,746</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zdp8BBFXGPz2" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,044</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zjjvv7hUoKwe" style="text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">74,790</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zARsq5K5ht2l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,665)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zKePfsS2dj8l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,751)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zUoJtR5UIrgg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(6,416)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Balance at December 31, 2021</span></td>
    <td id="xdx_98E_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zYIfODjQmcob" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">233,738</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zEliYqVVVZjf" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">(107,776)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDjrIyN9mjz3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">15,927</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQxuv8M7xxAh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">(11,165)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zNQT9UksXrVd" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">130,724</span></td></tr>
  </table>

<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_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory', window );">Vessels, net - Consolidated Statement of Comprehensive Income/ (loss)</a></td>
<td class="text"><p id="xdx_89F_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_zgtCJgGXvVIc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Vessels,
net - Consolidated Statement of Comprehensive Income/ (loss)</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20210101__20211231_zraSfuBEYdUh" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20200101__20201231_zbCXdF5py4v3" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49F_20190101__20191231_zLP3VEpN4nO6" style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td>
    <td style="font-weight: bold; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_404_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_z4wU32uq9il5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Vessels depreciation</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">3,665</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">2,253</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">4,578</span></td></tr>
  <tr id="xdx_400_ecustom--DepreciationOfficeFurnitureAndEquipment_pn3n3_zP25u2But5nd" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation on office furniture and equipment</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">39</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">33</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="text-align: right"><span style="font-size: 10pt">31</span></td></tr>
  <tr id="xdx_403_eifrs-full--DepreciationRightofuseAssets_pn3n3_z0nLcaSOuQ" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation of right of
    use asset</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">206</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">112</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">112</span></td></tr>
  <tr id="xdx_402_eifrs-full--DepreciationExpense_iT_pn3n3_zHMY9cPOCKFj" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt; width: 68%"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">3,910</span></td>
    <td style="font-weight: bold; text-align: left; width: 1%"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">2,398</span></td>
    <td style="font-weight: bold; text-align: left; width: 1%"><span style="font-size: 10pt">&#160;</span></td><td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">4,721</span></td></tr>
  </table>

<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_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory', window );">Vessels, net - Impairment loss</a></td>
<td class="text"><p id="xdx_89D_eifrs-full--DisclosureOfImpairmentOfAssetsExplanatory_zWaZBld2cazd" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Vessels,
net - Impairment loss</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49B_20200101__20201231_zBNzYuBaZcDg" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20190101__20191231_zKrKjAW40Ffc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Vessel</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_406_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVRiverGlobeMember_z6MtUToEPs9e" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v River Globe</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">(332)</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">(6,920)</span></td></tr>
  <tr id="xdx_40C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSkyGlobeMember_zGwb8tahaA4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Sky Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(1,231)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(8,074)</span></td></tr>
  <tr id="xdx_40B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVStarGlobeMember_zGohHj5i1EN7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Star Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(460)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(7,197)</span></td></tr>
  <tr id="xdx_401_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSunGlobeMember_zXP9Oruikkx9" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Sun Globe</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(2,013)</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">(4,797)</span></td></tr>
  <tr id="xdx_404_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVMoonGlobeMember_zEzZt7G6hq7e" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">m/v Moon Globe</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(579)</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(2,914)</span></td></tr>
  <tr id="xdx_403_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_zDSeisBJIKe9" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment
    loss</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">(4,615)</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">(29,902)</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 property, plant and equipment in the consolidated statement of comprehensive income / (loss).</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_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory</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>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_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 property, plant and equipment 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_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory</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>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_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entire disclosure for the impairment of 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 36<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS36_g126-137_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_DisclosureOfImpairmentOfAssetsExplanatory</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>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_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfPropertyPlantAndEquipmentAbstract</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>47
<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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043428168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Inventories (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ClassesOfInventoriesAbstract', window );"><strong>Classes of current inventories [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_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory', window );">Inventories</a></td>
<td class="text"><p id="xdx_890_ecustom--DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_zBvDVcIaXPO1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Inventories</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_490_20211231_zFfN39VvKtO" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_497_20201231_zzp0htjPn35c" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_403_ecustom--LubricantsInventoryCurrent_iI_pn3n3_zQSgjjEhYfJe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">765</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">319</span></td></tr>
  <tr id="xdx_404_ecustom--GasCylindersInventoryCurrent_iI_pn3n3_zTXHCnJikmcb" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Gas cylinders</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">87</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">75</span></td></tr>
  <tr id="xdx_402_ecustom--BunkerInventoryCurrent_iI_pn3n3_d0_zi0e8s5Y4z22" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Bunkers</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">854</span></td></tr>
  <tr id="xdx_403_eifrs-full--Inventories_iTI_pn3n3_zecVZpC8sWTj" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">852</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,248</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 inventories 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_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory</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>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_ifrs-full_ClassesOfInventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ClassesOfInventoriesAbstract</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>48
<FILENAME>R34.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043640680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Accrued liabilities and other payables (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_MiscellaneousCurrentLiabilitiesAbstract', window );"><strong>Miscellaneous current liabilities [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_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory', window );">Accrued liabilities and other payables</a></td>
<td class="text"><p id="xdx_897_ecustom--DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_zoroHg5UvBua" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Accrued
liabilities and other payables</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20211231_zdCcJyxt9qlg" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49A_20201231_zIVemaZeRslh" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentInterestPayable_iI_pn3n3_d0_zX9glUBtpL1g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued interest</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">179</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--CurrentDebtInstrumentsIssued_iI_pn3n3_d0_zx3mvZKHeI63" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued Interest Swap Loss</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">30</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr id="xdx_402_ecustom--AccruedAuditFeesCurrent_iI_pn3n3_zyTFczQo5MWk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Accrued audit fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">82</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">63</span></td></tr>
  <tr id="xdx_409_ecustom--OtherAccruals_iI_pn3n3_zaj6TuUpJead" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Other accruals</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">3,262</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,953</span></td></tr>
  <tr id="xdx_40B_ecustom--CurrentInsuranceDeductibles_iI_pn3n3_zufARPQH0Vn2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Insurance deductibles</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">64</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">96</span></td></tr>
  <tr id="xdx_405_eifrs-full--OtherCurrentPayables_iI_pn3n3_zRVu86OLIXU4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Other payables</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">59</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">47</span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iTI_pn3n3_z3asbh4diUWh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">3,676</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,159</span></td></tr>
  </table>


<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 accrued liabilities and other payables 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_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory</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>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_ifrs-full_MiscellaneousCurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MiscellaneousCurrentLiabilitiesAbstract</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>49
<FILENAME>R35.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043411064">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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>
<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_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory', window );">Share Capital and Share Premium - Authorised share capital</a></td>
<td class="text"><p id="xdx_890_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zUvAjf3ckF1f" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
Capital and Share Premium - Authorised share capital</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">Authorised share capital:</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-left: 5.4pt"><span id="xdx_907_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_z9d6ExANIzXa" style="font-size: 10pt">500,000,000
    </span><span style="font-size: 10pt">Common shares of par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zP0R41ViD8x6">0.004
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_905_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zCGY0gRLhrN1" style="font-size: 10pt">2,000</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zOoyv3oOHN0c" style="font-size: 10pt">2,000</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zdTqEIR39qne" style="font-size: 10pt">2,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span id="xdx_901_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zSkKNmfI5d15" style="font-size: 10pt">100,000,000
    </span><span style="font-size: 10pt">Class B Common shares of par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zhVmJce0NXvd">0.001
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="text-align: right"><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zXrNeyO9Iv11" style="font-size: 10pt">100</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z3oicPSpfeAa" style="font-size: 10pt">100</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z841EScERD54" style="font-size: 10pt">100</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zTSORkBN0Lw" style="font-size: 10pt">100,000,000
    </span><span style="font-size: 10pt">Preferred shares of par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zckiiWoudAo8">0.001
    </span></span><span style="font-size: 10pt">each</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z6hPygQ597c8" style="font-size: 10pt">100</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziSRPpP34VJe" style="font-size: 10pt">100</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziddmN73zYd7" style="font-size: 10pt">100</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"><span style="font-size: 10pt">Total authorised
    share capital</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231_zu2DY2a16NRh" style="border-bottom: Black 2pt double; font-size: 10pt">2,200</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_ziLyazTuqWui" style="font-size: 10pt">2,200</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231_zx7xuo0h0sbf" style="font-size: 10pt">2,200</span></td></tr>
  </table>

<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_892_ecustom--DisclosureOfCommonSharesExplanatory_z2JYelF8EBQ9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share
Capital and Share Premium - Common Shares issued and fully paid</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; font-weight: bold"><span style="font-size: 10pt">Common Shares issued and fully paid</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">USD</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 79%; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">As at January 1, 2019</span></td>
    <td id="xdx_989_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zwesRThE3rEe" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">32,057</span></td><td style="width: 1%; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z8Exer38Eeik" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zxdysFpNSVel" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">180</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due
    to conversion of loan</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0x5c8aFYcaj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to conversion of loan"><span style="font-size: 10pt">19,998</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>

<tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">As at December 31, 2019</span></td>
    <td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zIXftKlqVRp5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">52,235</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zyQulkG2quR4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zNVgKSABIdo9" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">2,812</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due to conversion of
    loan</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znyKXxsKENr3" style="text-align: right" title="Issuance of common stock due to conversion of loan"><span style="font-size: 10pt">11,678</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-right: -10pt; padding-left: -10pt; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of new common stocks</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_ztItKhDc2DAj" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">2,942,848</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IssueOfEquity_pn3n3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z5w7UESBtuH9" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">12</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock due to exercise of pre-funded
    warrants</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zdWldW39Exdc" style="text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">25,000</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock
    due to exercise of warrants</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zkHUT8HObtQ4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of warrants"><span style="font-size: 10pt">5,550</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">As at
    December 31, 2020</span></td>
    <td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zYljASJkjZ19" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">3,040,123</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z1asdDAD6E22" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt">12</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issued during the year for share-based compensation
    (note 12)</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znGaVvwYJmb5" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">12,178</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of new common stocks</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zu6wCtNsXGm3" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">14,905,000</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3Z1uRnePDic" style="text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">60</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Issuance of common stock
    due to exercise of pre-funded warrants</span></td>
    <td id="xdx_980_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zCXX0LbRhy0c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">2,625,000</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z35Mc9vVmCZ2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">10</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">As at
    December 31, 2021</span></td>
    <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zUfpnpgzGkrl" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">20,582,301</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zT6sVH4yoiIa" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"><span style="font-size: 10pt">82</span></td></tr>
  </table>


<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfCommonSharesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfCommonSharesExplanatory</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>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_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfClassesOfShareCapitalAbstract</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_DisclosureOfClassesOfShareCapitalExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_DisclosureOfClassesOfShareCapitalExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>50
<FILENAME>R36.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180044150792">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings/(Loss) per Share (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_EarningsPerShareAbstract', window );"><strong>Earnings per share [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_DisclosureOfEarningsPerShareTableExplanatory', window );">Earnings/(Loss) per Share</a></td>
<td class="text"><p id="xdx_89E_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zNVwWusKx4O3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">Earnings/(Loss)
per Share</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20210101__20211231_zzlmG8ShgMmd" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_498_20200101__20201231_zTh0doZ8Mhtl" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_494_20190101__20191231_zlj4INfy5TXb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zB49Uqy71m2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Income/(Loss) attributable
    to common equity holders</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">14,950</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">(17,372)</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"><span style="font-size: 10pt">(36,351)</span></td></tr>
  <tr id="xdx_408_eifrs-full--WeightedAverageShares_pn3n3_z5zPYX2EaSd1" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Weighted average number of shares
    &#8211; basic and diluted</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">14,809,536</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">959,157</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">41,622</span></td></tr>
  <tr id="xdx_401_ecustom--BasicAndDilutedEarningsLossPerShare_pip0_zNPIlQhkXVv1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Net income/(loss) per common
    share &#8211; basic and diluted</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">1.01</span></td><td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(18.11)</span></td><td style="padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">(873.36)</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt">&#160;</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfEarningsPerShareTableExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 earnings per share.</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_DisclosureOfEarningsPerShareTableExplanatory</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>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_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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>51
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040259736">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_894_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_zorZdunRMSa3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Long-Term
Debt, net - Consolidated statement of financial position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; text-align: justify"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>&#160;</b></span></p><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>Borrower</b></span></p></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Principal</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Deferred
    Finance costs</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Amortised cost</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 67%; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt"><b>(a)&#8239;Devocean Maritime LTD.,
    Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited</b></span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zQddjpLTOJHk" style="width: 10%; text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,750</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zZlJFfOnTzLf" style="width: 10%; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt">(447)</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zJXL5ORciGda" style="width: 10%; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">31,303</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Total at December 31, 2021</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20211231_z9AIINpjmnhb" style="font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,750</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zEKdEmhtvTei" style="font-weight: bold; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt">(447)</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231_zlKhu7aJQQgc" style="font-weight: bold; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">31,303</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Less:
    Current Portion</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20211231_zkklLvwreT1g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt">(5,000)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zVq73IBLthKh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt">135</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20211231_z3xLu5acnSni" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt">(4,865)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-Term
    Portion</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20211231_zui5Lp9vbMdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt">26,750</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zTmZS0Az5V3g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt">(312)</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn3n3_c20211231_zhgm9xqkNS93" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt">26,438</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 12pt; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">Total at December 31, 2020</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zr3SMbxwRMk3" style="font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">37,000</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_z99GJigbGFi2" style="font-weight: bold; text-align: right"><span style="font-size: 10pt">(448)</span></td><td style="font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--Borrowings_iI_pn3n3_c20201231_zEfgmDnFzxt6" style="font-weight: bold; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">36,552</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Less:
    Current Portion</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zcwCjj8ZvoLg" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt">(5,970)</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zHyLflgYIx61" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt">305</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_zTiqa3lHJVWj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt">(5,665)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-Term
    Portion</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zajrXZcosd11" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt">31,030</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zniVWcEgDtwe" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt">(143)</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zVMLjd0W2Mme" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt">30,887</span></td></tr>
  </table>

<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_893_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zyFA0PtuDsPc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Long-Term
Debt, net - Annual loan principal payments</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">December 31,</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">CIT Bank N.A.</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 89%; text-align: left"><span style="font-size: 10pt">2022</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zYWFc4vu6788" style="width: 10%; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="background-color: White; text-align: left"><span style="font-size: 10pt">2023</span></td><td style="background-color: White"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zml5EDhWREEe" style="background-color: White; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2024</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zADCER3sUdQl" style="text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">2025</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zd0bw2irEs3" style="text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2026 and thereafter</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z3Vfy4PWFOVc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"><span style="font-size: 10pt">11,750</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zJXsenQHf72c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,750</span></td></tr>
  </table>

<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; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2020, were as follows:</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">December 31,</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">EnTrust</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 89%; text-align: left"><span style="font-size: 10pt">2021</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8mXKkbgJsBl" style="width: 10%; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,970</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">2022</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFscFkAs9sa4" style="text-align: right" title="Loan Balance"><span style="font-size: 10pt">31,030</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">2023 and thereafter&#160;&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z5PvstktrI7c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zn60yyhhzWbl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"><span style="font-size: 10pt">37,000</span></td></tr>
  </table>

<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>
</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>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>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments</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>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_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfDetailedInformationAboutBorrowingsAbstract</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>52
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045166456">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_890_ecustom--DisclosureOfShareBasedPayment_zlL6ehwzKwI1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -20pt; display: none; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;Share
Based Payment</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2021</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_z646aWwXrzid" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">12,178</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zjsvZJvh6O3d" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Balance at
    December 31, 2021</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zUoXFyNWGCfg" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">12,178</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zc33R6C2OHkk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">40</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">&#160;&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2020</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zSul0sy4Zu03" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">2,812</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAZleSNK8Yil" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Balance
    at December 31, 2020</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zm3NuibzcUOl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,812</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zhXlBcruPZgk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">40</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year 2019</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of common
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Number of preferred
    shares</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Share premium</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Retained earnings</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="width: 1%; font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Non-executive
    directors&#8217; payment</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zu0xPTbUmBsf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">180</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zDFrQZBsgtyf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Balance
    at December 31, 2019</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zK767zaNt0P7" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">180</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z6bm8mFhBP4c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">40</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfShareBasedPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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>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_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract</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>53
<FILENAME>R39.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180044999480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Voyage Expenses and Vessel Operating Expenses (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [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_DisclosureOfVoyageExpenses', window );">Voyage Expenses and Vessel Operating Expenses - Voyage expenses</a></td>
<td class="text"><p id="xdx_890_ecustom--DisclosureOfVoyageExpenses_zA3ymnv2I439" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Voyage
Expenses and Vessel Operating Expenses - Voyage expenses</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -40pt; text-align: left; text-indent: 0.5in"><span style="font-size: 10pt"><b>&#8239;&#8239;&#8239;Voyage
expenses consisted of:</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20210101__20211231_z8GEQ90CXoEj" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_49B_20200101__20201231_zvbB8VQMq6Oc" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20190101__20191231_zS3HKpJs1AR1" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40A_eifrs-full--FeeAndCommissionExpense_pn3n3_maSEzQU5_z0wrQyvTkdJk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Commissions</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">626</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">160</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">224</span></td></tr>
  <tr id="xdx_40C_eifrs-full--FuelExpense_pn3n3_d0_maSEzQU5_zkS81mXKfBei" style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Bunkers expenses</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">2,117</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,634</span></td></tr>
  <tr id="xdx_402_ecustom--OtherVoyageExpense_pn3n3_maSEzQU5_z55sHwX2QoO8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other voyage expenses</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">502</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">213</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">240</span></td></tr>
  <tr id="xdx_403_eifrs-full--ServicesExpense_iT_pn3n3_mtSEzQU5_zzDRUDwWAm94" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,128</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,490</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,098</span></td></tr>
  </table>

<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_DisclosureOfVesselOperatingExpenses', window );">Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses</a></td>
<td class="text"><p id="xdx_89A_ecustom--DisclosureOfVesselOperatingExpenses_zcN0I9XnoXmh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: left"><span id="xdx_8B2_zhNlqIpS416i" style="font-size: 10pt">Voyage
Expenses and Vessel Operating Expenses - Vessel operating expenses</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20210101__20211231_z4dJUt3qEeu5" style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_495_20200101__20201231_zz2CpewluRrl" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_494_20190101__20191231_z5VCTBL7ox77" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_403_eifrs-full--WagesAndSalaries_pn3n3_maOCzIBf_z3iSQUbScYQ7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Crew wages and related
    costs</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">7,570</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">4,865</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">4,670</span></td></tr>
  <tr id="xdx_401_eifrs-full--InsuranceExpense_pn3n3_maOCzIBf_zUhuVrCZfuql" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Insurance</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,067</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">661</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">664</span></td></tr>
  <tr id="xdx_408_eifrs-full--RepairsAndMaintenanceExpense_pn3n3_maOCzIBf_zhoXEBLYLoYb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Spares, repairs and maintenance</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">2,414</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,574</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,884</span></td></tr>
  <tr id="xdx_40F_eifrs-full--RawMaterialsAndConsumablesUsed_pn3n3_maOCzIBf_zBMIG1BHPkwf" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">555</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">434</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">517</span></td></tr>
  <tr id="xdx_406_ecustom--StoresExpense_pn3n3_maOCzIBf_z65yoIW6spz5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Stores</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">1,712</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">787</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">820</span></td></tr>
  <tr id="xdx_40A_eifrs-full--MiscellaneousOtherOperatingExpense_pn3n3_maOCzIBf_zcMnZ5ilrrpk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">490</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">260</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">327</span></td></tr>
  <tr id="xdx_400_ecustom--OperatingCosts_iT_pn3n3_mtOCzIBf_zO8n67fKAl82" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">13,808</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">8,581</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">8,882</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">&#160;<b>&#160;</b></span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfVesselOperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 vessel 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_DisclosureOfVesselOperatingExpenses</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>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_DisclosureOfVoyageExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 voayage expenses 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_DisclosureOfVoyageExpenses</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>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_ifrs-full_ExpenseByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ExpenseByNatureAbstract</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>54
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045038216">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Administrative Expenses (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_SellingGeneralAndAdministrativeExpenseAbstract', window );"><strong>Selling, general and administrative expense [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_DisclosureOfAdministrativeExpenses', window );">Administrative Expenses</a></td>
<td class="text"><p id="xdx_895_ecustom--DisclosureOfAdministrativeExpenses_zZ6A5CRmXn1g" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Administrative
Expenses</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20210101__20211231_zWvYZjC9F469" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_496_20200101__20201231_zf4FJgoE10Zh" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20190101__20191231_znthronkfGy" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40F_ecustom--PersonnelExpense_pn3n3_maAEzTMy_zo0tnFAuIe55" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Personnel expenses</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,455</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,013</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,006</span></td></tr>
  <tr id="xdx_40D_eifrs-full--AuditorsRemuneration_pn3n3_maAEzTMy_zWcWhAzkAGza" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Audit fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">215</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">143</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">98</span></td></tr>
  <tr id="xdx_403_ecustom--ConsultingFeesExpense_pn3n3_maAEzTMy_zHyjNKRSnfC1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Consulting fees</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">329</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">243</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">191</span></td></tr>
  <tr id="xdx_40E_eifrs-full--CommunicationExpense_pn3n3_maAEzTMy_zetg10N48ZM2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Communication</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">16</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">12</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">7</span></td></tr>
  <tr id="xdx_409_ecustom--StationeryExpense_pn3n3_maAEzTMy_z5ScGIc2wSYb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Stationery</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">6</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">3</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">2</span></td></tr>
  <tr id="xdx_40B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_maAEzTMy_zufB5bvvcSX8" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Greek tax authorities (note 19)</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">185</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">130</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">116</span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherExpenseByNature_pn3n3_maAEzTMy_zYnbSTPhkmt7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">404</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">347</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">163</span></td></tr>
  <tr id="xdx_401_eifrs-full--AdministrativeExpense_iT_pn3n3_mtAEzTMy_zl6whIxzMao3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">2,610</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,891</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">1,583</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfAdministrativeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 administrative 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_DisclosureOfAdministrativeExpenses</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>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_ifrs-full_SellingGeneralAndAdministrativeExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_SellingGeneralAndAdministrativeExpenseAbstract</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>55
<FILENAME>R41.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040065528">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Interest Expense and Finance Costs (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_InterestCostsAbstract', window );"><strong>Interest costs [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_DisclosureOfInterestExpenseAndFinanceCostsExplanatory', window );">Interest Expense and Finance Costs</a></td>
<td class="text"><p id="xdx_897_ecustom--DisclosureOfInterestExpenseAndFinanceCostsExplanatory_z8VapICuIbT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Interest
Expense and Finance Costs</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_493_20210101__20211231_zj8ZL3G63t8" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_499_20200101__20201231_zFBXb3otA0vb" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_496_20190101__20191231_zEUyxpsZyvl2" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt">&#160;</span></td>
    </tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td></tr>
  <tr id="xdx_40A_eifrs-full--InterestExpense_pn3n3_zkACRTG1oNHl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Interest payable on
    long-term borrowings</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">1,958</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">3,721</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 10%; text-align: right"><span style="font-size: 10pt">3,603</span></td></tr>
  <tr id="xdx_40F_eifrs-full--BankAndSimilarCharges_pn3n3_zj5iYFTm1udj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Bank charges</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">59</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">69</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">28</span></td></tr>
  <tr id="xdx_40C_ecustom--AmortizationOfDebtDiscount_pn3n3_zowwCtgB1NW4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Amortization of debt discount</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">547</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">293</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">383</span></td></tr>
  <tr id="xdx_40C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_z5vI98INjiTl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Operating lease liability interest</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">52</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">44</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">51</span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherFinanceCost_pn3n3_zy4zHjgyxRKk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Other finance
    expenses</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">646</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">28</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">638</span></td></tr>
  <tr id="xdx_408_eifrs-full--FinanceCosts_iT_pn3n3_zU8cIBZTTF54" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">3,262</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">4,155</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">4,703</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 interest expense and finance 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_DisclosureOfInterestExpenseAndFinanceCostsExplanatory</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>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_ifrs-full_InterestCostsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_InterestCostsAbstract</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>56
<FILENAME>R42.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180039886520">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_894_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zMOlQ4vkMEm5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b style="display: none">&#160;Commitments
- Future minimum lease revenues receivable under non-cancellable operating leases</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 11pt; text-align: justify"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 80%; text-align: left; padding-bottom: 1pt; text-indent: -9.45pt; padding-left: 9.45pt"><span style="font-size: 10pt">Within
    one year</span></td>
    <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zlf9pCCe9e0j" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"><span style="font-size: 10pt">6,082</span></td>
    <td id="xdx_98C_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zm3HceYFQRjl" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"><span style="font-size: 10pt">3,078</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2pt; text-indent: 0cm"><span style="font-size: 10pt">Total</span></td>
    <td id="xdx_988_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231_z5t3YUpTu5ng" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">6,082</span></td>
    <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_ziXBB5r96v5i" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">3,078</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract</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_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 future minimum lease revenues receivable under non-cancellable operating leases.</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_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory</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>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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>57
<FILENAME>R43.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045171096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management objectives and policies (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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_DisclosureOfFinancialInstrumentsAbstract', window );"><strong>Disclosure of detailed information about financial instruments [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_DisclosureOfInterestRateRiskExplanatory', window );">Financial risk management objectives and policies - Interest rate risk</a></td>
<td class="text"><p id="xdx_896_ecustom--DisclosureOfInterestRateRiskExplanatory_zqa73q0eBnOe" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Interest rate risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Increase/(Decrease)
    in basis points</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Effect on income
    / (loss)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">2021</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 79%; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>$ Libor</b></span></td>
    <td id="xdx_98A_ecustom--IncreaseInInterestRates_pip0_uPure_c20210101__20211231_z5i0AIXPeSt5" style="width: 10%; text-align: right" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231_zmYwoxjhFYva" style="width: 10%; text-align: right" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(52)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseInInterestRates_pip0_uPure_c20210101__20211231_z0cCBGkxvcl" style="text-align: right" title="Decrease in Libor"><span style="font-size: 10pt">-20</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231_z1O8qn37lUoj" style="text-align: right" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt">69</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt">2020</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>$ Libor</b></span></td>
    <td id="xdx_988_ecustom--IncreaseInInterestRates_pip0_uPure_c20200101__20201231_z9hDOFBOY4yc" style="text-align: right" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231_zHu3yNDB0N7d" style="text-align: right" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(57)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 11pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseInInterestRates_pip0_uPure_c20200101__20201231_zN1lTd1Wl3wk" style="text-align: right" title="Decrease in Libor"><span style="font-size: 10pt">-20</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231_zk6PGrNBRjo2" style="padding-left: -20pt; text-align: right; padding-right: -20pt" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt">75</span></td></tr>
  </table>

<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_DisclosureOfForeignCurrencyRiskExplanatory', window );">Financial risk management objectives and policies - Foreign currency risk</a></td>
<td class="text"><p id="xdx_898_ecustom--DisclosureOfForeignCurrencyRiskExplanatory_zegIXqGn8J95" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify"><span style="font-size: 10pt">&#160;Financial
risk management objectives and policies - Foreign currency risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Change
    in rate</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Effect
    on income / (loss) </b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 79%; font-size: 9pt; font-weight: bold; text-align: left"><span style="font-size: 10pt">2021</span></td>
    <td id="xdx_98C_ecustom--IncreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zaxRhFosYLLl" style="width: 10%; font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zVzQRIHJIGTe" style="width: 10%; font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(478)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_ecustom--DecreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_z00sA82o7G1i" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zQajeFqHGLPf" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">478</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; text-align: left"><span style="font-size: 10pt">2020</span></td>
    <td id="xdx_98D_ecustom--IncreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zac7P3VpNYS8" style="font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXFZaqAIs0Ta" style="font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(258)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_ecustom--DecreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXGDzbE1s0N1" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zoF0yighBp8i" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">258</span></td></tr>
  </table>

<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_DisclosureOfConcentrationOfCreditRiskExplanatory', window );">Financial risk management objectives and policies - Concentration of credit risk table</a></td>
<td class="text"><p id="xdx_893_ecustom--DisclosureOfConcentrationOfCreditRiskExplanatory_zHwZ7NkmTlHi" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Concentration of credit risk table</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 12pt; text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">2019</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 34%; text-align: left"><span style="font-size: 10pt">A</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zx4dcyQsNAOg" style="width: 10%; text-align: right" title="Revenue"><span style="font-size: 10pt">7,726</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zW0sVq1Lm985" style="width: 10%; text-align: right"><span style="font-size: 10pt">18%</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zt3CmYlvNHb5" style="width: 10%; text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zimPYcHNIJP4" style="width: 10%; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_z6zsYwpWnoQb" style="width: 10%; text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zDqHECDDX7o2" style="width: 10%; text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">B</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zAFhA8nn8IF2" style="text-align: right" title="Revenue"><span style="font-size: 10pt">4,571</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zeCPc1CV9HDl" style="text-align: right"><span style="font-size: 10pt">11%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zdV65IzvxRik" style="text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zexQrDmehJrc" style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_z6zQW1k8S5t2" style="text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zogTyWKsHMzj" style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left"><span style="font-size: 10pt">C</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zsByZZcCUl4c" style="text-align: right" title="Revenue"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zRoOtfNX5cW7" style="text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z6WKQdVxAIph" style="text-align: right" title="Revenue"><span style="font-size: 10pt">751</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zGsp0xkuHCPa" style="text-align: right"><span style="font-size: 10pt">6%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zJOy1RdKs2Ac" style="text-align: right" title="Revenue"><span style="font-size: 10pt">3,476</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zgbVhWM5nKL9" style="text-align: right"><span style="font-size: 10pt">22%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left"><span style="font-size: 10pt">Other </span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zAKES7QpnCBe" style="text-align: right" title="Revenue"><span style="font-size: 10pt">30,914</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zRZZljG5fbWf" style="text-align: right"><span style="font-size: 10pt">71%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zlaaTW81Qkr9" style="text-align: right" title="Revenue"><span style="font-size: 10pt">11,002</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zEUEr77XY087" style="text-align: right"><span style="font-size: 10pt">94%</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zitz4NEMTu29" style="text-align: right" title="Revenue"><span style="font-size: 10pt">12,147</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zJojcnIwHvq9" style="text-align: right"><span style="font-size: 10pt">78%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231_zVe7ZXkyzSx3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">43,211</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231_zuDwqEuReE55" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">100%</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231_zBMtFhaO8X2c" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">11,753</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231_zoT5RZ5CFjY" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">100%</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231_zp3kS1f57Poj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">15,623</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231_z0Q0xpCutCe3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">100%</span></td></tr>
  </table>

<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_ifrs-full_DescriptionOfManagingLiquidityRisk', window );">Financial risk management objectives and policies - Liquidity risk</a></td>
<td class="text"><p id="xdx_899_eifrs-full--DescriptionOfManagingLiquidityRisk_zBkdxIdZilcl" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Financial
risk management objectives and policies - Liquidity risk</span></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year ended December
    31, 2021</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Less than 3 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">3 to 12 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">1 to 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">More than 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Long-term debt</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_ziwP8LzBFqai" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">1,566</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z54715QxRQl5" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">4,614</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z6GT5TRMeAcg" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">29,325</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zrVCUL97a9K8" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231_zX8UzOFc06ua" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">35,505</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lease liabilities</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z2g12tiQR0Ad" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">92</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zjHbdLXTJSB6" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">275</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zlJ8IrfoOF43" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">585</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_znpr6NaGI5N8" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231_z5dzb3zuwO7h" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">952</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Accrued liabilities and other
    payables</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z9UQF63adAJ" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,676</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zCu66SfxDuqf" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_znTommE9pQZb" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zzdRSwMxB5eb" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231_zfv2PwV7m1Xd" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,676</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Trade accounts
    payables</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z7KktP5J4tPg" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zL7qCsFhpai1" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zN0mqO387S9f" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zz8Hce5f2qF8" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zm69cItNLiz8" style="text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Current
    portion of fair value of derivative financial instruments</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zwdgznxEJOXj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">23</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_ztx3iUwe7kAd" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">69</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBMVGi24dhBb" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z8p9eo8dHcw3" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231_zfwQTjPF1Zy7" style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font-size: 10pt">92</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zaDVVqRVQDZg" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">6,457</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zi7PkGLj3eHj" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">4,958</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zxW82sFjGfIl" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">29,910</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmpPIM4KABv" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="font-weight: bold; padding-bottom: 2pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231_zbaFJy92wPZ5" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">41,325</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></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: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"><span style="font-size: 10pt">Year ended December
    31, 2020</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Less than 3 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">3 to 12 months</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">1 to 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">More than 5 years</span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Long-term debt</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zKYGDoCjVscc" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">2,302</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z6dT8dBibhUb" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">6,752</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zd5dIdeGNiv" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">32,362</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmPmrWrtNJni" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">&#8212;</span></td><td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231_zoyYZNxuAs06" style="width: 10%; text-align: right" title="Long-term debt"><span style="font-size: 10pt">41,416</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Lease liabilities</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zQF4bes5cHF4" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">106</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zLhl1KCgejV3" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">106</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zpR3Etx8zDx" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">426</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zyXmjznoujnk" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_982_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231_zsrzyruLnRAa" style="text-align: right" title="Lease liabilities"><span style="font-size: 10pt">638</span></td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"><span style="font-size: 10pt">Accrued liabilities and other
    payables</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zJOnkT0UeGsj" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">2,159</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zTYt26qaPZdb" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zGttfsXJyjqa" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z7Ax19qeGGsc" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">&#8212;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231_zjULDstWRWz3" style="text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">2,159</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Trade accounts
    payables</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zgRwxCS1WWn5" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">4,758</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zWSN5HliIci6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z7hZoqlApcK4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zO7lIVGDDgP2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">&#8212;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zeWpzEvripYc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">4,758</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 0pt"><span style="font-size: 10pt">Total</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zBGPjjf3ocf9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">9,325</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zbAJH9MY23f9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">6,858</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBQWnQKWDfTd" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">32,788</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zvrG4X8oPXoi" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">&#8212;</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231_zyKjkoAIO0Yf" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"><span style="font-size: 10pt">48,971</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfConcentrationOfCreditRiskExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 concentration of credit risk.</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_DisclosureOfConcentrationOfCreditRiskExplanatory</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>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_DisclosureOfForeignCurrencyRiskExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 foreign currency risk.</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_DisclosureOfForeignCurrencyRiskExplanatory</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>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_DisclosureOfInterestRateRiskExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 interest rate risk.</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_DisclosureOfInterestRateRiskExplanatory</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>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_ifrs-full_DescriptionOfManagingLiquidityRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 how the entity manages its liquidity risk. [Refer: Liquidity risk [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 39<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_39_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_DescriptionOfManagingLiquidityRisk</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>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_ifrs-full_DisclosureOfFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFinancialInstrumentsAbstract</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>58
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045487304">
<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">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 measurement</a></td>
<td class="text"><p id="xdx_89C_ecustom--DisclosureOfFairValuesExplanatory_z3y2wIbfH2Ll" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Fair
values measurement</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right">Carrying <b>amount</b></td><td style="font-size: 9pt; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font-size: 10pt">Fair value</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid"><span style="font: 10pt Times New Roman, Times, Serif"><b>December&#160;31,
    2021</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b/></span> <span style="font-size: 10pt">&#160;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    1</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    2</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    3</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial assets</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    assets measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Derivative
    financial instruments</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zW5p9VNXYie6" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">417</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zzvpC64e0Oyl" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">417</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_989_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_ziOPOoneWYc9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">417</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zMnWHig4Ivif" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">417</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial
    liabilities</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Derivative
    financial instruments</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zDIlwAXbvVye" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">92</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zHKvJxo9CY86" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">92</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zfNJvcMfVgjl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">92</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zr9Ec3EAVrOh" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">92</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities not measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Long-term
    borrowings</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z0GlZaG3AMLl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">31,750</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zn9ZD7XOHkmg" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">32,155</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zQgP251orHK5" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">32,155</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zL00q5HNam85" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">31,750</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;</span></p>

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

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-style: italic"><span style="font-size: 10pt"/></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right">Carrying <b>amount</b><span style="font-size: 10pt">&#160;</span></td><td style="font-size: 9pt; font-weight: bold"><span style="font-size: 10pt">&#160;</span></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"><span style="font-size: 10pt">Fair value</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid"><span style="font: 10pt Times New Roman, Times, Serif"><b>December&#160;31,
    2020</b></span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; text-align: right"/><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    1</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    2</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Level
    3</span></td><td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">Total</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt"><b>Financial liabilities</b></span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"><span style="font-size: 10pt">Financial
    liabilities not measured at fair value</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt">Long-term
    borrowings</span></td>
    <td style="width: 1%"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zUqwIwxtvjT1" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">37,000</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zmGgj7xsE7qc" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">37,961</span></td><td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"><span style="font-size: 10pt">&#8212;&#8239;</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zCEahDSeHIs9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">37,961</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z9FBu1gmhv2" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"><span style="font-size: 10pt">37,000</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: right"><span style="font-size: 10pt">&#160;</span></td></tr>
  </table>

<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 );">Valuation techniques and significant unobservable inputs</a></td>
<td class="text"><p id="xdx_89A_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zsWYcD0PPvtc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">&#160;Valuation
techniques and significant unobservable inputs</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Financial
    instruments measured at fair value</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 48%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation
    Techniques</span></td><td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant
    unobservable inputs</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments:</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Interest Rate
    Swap</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted
    cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;&#160;Discount
    rate</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Financial
                                            instruments not measured at fair value</span></b></span></p></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Asset
    and liabilities not measured at fair value</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation
    Techniques</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant
    unobservable inputs</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td><td><span style="font-size: 10pt">&#160;</span></td>
    <td style="padding-left: 5.4pt"><span style="font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-term borrowings</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted
    cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discount rate</span></td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfFairValuesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 fair values.</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_DisclosureOfFairValuesExplanatory</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>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_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Tabular disclosure of valuation techniques and significant unobservable inputs.</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_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs</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>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_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFairValueMeasurementOfAssetsAbstract</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>59
<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">
							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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180039074296">
<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="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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>
</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>
</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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"> <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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">Management Co.<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_SignificantInvestmentsInSubsidiariesAxis=glbs_DevoceanMaritimeLtdMember', window );">Devocean Maritime Ltd. [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">Dec. 18,  2007<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v River Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_DominaMaritimeLtdMember', window );">Domina Maritime Ltd. [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">May 19,  2010<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Sky Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_DulacMaritimeSAMember', window );">Dulac Maritime S.A. [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">May 25,  2010<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Star Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_ArtfulShipholdingSAMember', window );">Artful Shipholding S.A. [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">Jun. 22,  2011<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Moon Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_LongevityMaritimeLimitedMember', window );">Longevity Maritime Limited [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Malta<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">Sep. 15,  2011<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Sun Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_SerenaMaritimeLimitedMember', window );">Serena Maritime Limited [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">Oct. 29,  2020<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Galaxy Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_TalismanMaritimeLimitedMember', window );">Talisman Maritime Limited [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">Jul. 20,  2021<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Power Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_ArgoMaritimeLimitedMember', window );">Argo Maritime Limited [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">Jun.  09,  2021<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Diamond Globe<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_SignificantInvestmentsInSubsidiariesAxis=glbs_CalypsoShipholdingSAMember', window );">Calypso Shipholding S.A. [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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"> <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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text"> <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_SignificantInvestmentsInSubsidiariesAxis=glbs_DaxosMaritimeLimitedMember', window );">Daxos Maritime Limited [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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"> <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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text"> <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_SignificantInvestmentsInSubsidiariesAxis=glbs_OlympiaShipholdingSAMember', window );">Olympia Shipholding S.A. [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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"> <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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text"> <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_SignificantInvestmentsInSubsidiariesAxis=glbs_ParalusShipholdingSAMember', window );">Paralus Shipholding S.A. [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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"> <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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text"> <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_SignificantInvestmentsInSubsidiariesAxis=glbs_SalaminiaMaritimeLimitedMember', window );">Salaminia Maritime Limited [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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</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_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of Incorporation</a></td>
<td class="text">Marshall Islands<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">Nov. 29,  2021<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_ifrs-full_NameOfSubsidiary', window );">Vessel Owned</a></td>
<td class="text">m/v Orion Globe<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<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:dateItemType</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_CountryOfIncorporationOrResidenceOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_CountryOfIncorporationOrResidenceOfSubsidiary</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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems</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_NameOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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>
<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_NameOfSubsidiary</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_SignificantInvestmentsInSubsidiariesAxis=glbs_GlobusShipmanagementCorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_GlobusShipmanagementCorpMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_DevoceanMaritimeLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DevoceanMaritimeLtdMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_DominaMaritimeLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DominaMaritimeLtdMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_DulacMaritimeSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DulacMaritimeSAMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_ArtfulShipholdingSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ArtfulShipholdingSAMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_LongevityMaritimeLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_SignificantInvestmentsInSubsidiariesAxis=glbs_SerenaMaritimeLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_SignificantInvestmentsInSubsidiariesAxis=glbs_TalismanMaritimeLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_TalismanMaritimeLimitedMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_ArgoMaritimeLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_SignificantInvestmentsInSubsidiariesAxis=glbs_CalypsoShipholdingSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CalypsoShipholdingSAMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_DaxosMaritimeLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DaxosMaritimeLimitedMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_OlympiaShipholdingSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_OlympiaShipholdingSAMember</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_SignificantInvestmentsInSubsidiariesAxis=glbs_ParalusShipholdingSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_SignificantInvestmentsInSubsidiariesAxis=glbs_SalaminiaMaritimeLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_SalaminiaMaritimeLimitedMember</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>60
<FILENAME>R46.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042164696">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of presentation and general information (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification', window );">Name of reporting entity</a></td>
<td class="text">Globus Maritime Limited<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_ifrs-full_DomicileOfEntity', window );">Domicile of entity</a></td>
<td class="text">Marshall Islands<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_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>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract</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_DomicileOfEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 name of the reporting entity or other means of identification.</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 51<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_51_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_NameOfReportingEntityOrOtherMeansOfIdentification</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>61
<FILENAME>R47.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180038685880">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of Preparation and Significant Accounting Policies (Details Narrative)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 05, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jan. 01, 2019 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems', window );"><strong>Disclosure of initial application of standards or interpretations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsLiabilities', window );">Working capital surplus/ (deficit)</a></td>
<td class="nump">$ 37,800<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Impairment loss</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 4,615<span></span>
</td>
<td class="nump">$ 29,902<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_dei_EntityAccountingStandard', window );">Entity Accounting Standard</a></td>
<td class="text">International Financial Reporting Standards<span></span>
</td>
<td class="text">&#160;<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_AllowanceForDoubtfulTradeReceivables', window );">Provision for doubtful trade receivables</a></td>
<td class="nump">$ 8<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="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingCostsCapitalised', window );">Borrowing costs capitalised</a></td>
<td class="text">&#160;<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="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_NumberOfOperatingSegments', window );">Number Of Operating Segments</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>
</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_ifrs-full_DescriptionOfNatureOfBenefitsProvidedByPlan', window );">Description of nature of benefits provided by plan</a></td>
<td class="text">If the employee remains in the employment of the Company until normal retirement
age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were
dismissed at that time.<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net defined benefit liability</a></td>
<td class="nump">$ 114<span></span>
</td>
<td class="nump">31<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_ifrs-full_RightofuseAssets', window );">Right of use asset</a></td>
<td class="nump">888<span></span>
</td>
<td class="nump">450<span></span>
</td>
<td class="nump">562<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_ifrs-full_LeaseLiabilities', window );">Lease liability</a></td>
<td class="nump">952<span></span>
</td>
<td class="nump">638<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_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation charge for right-of-use assets</a></td>
<td class="nump">206<span></span>
</td>
<td class="nump">112<span></span>
</td>
<td class="nump">112<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_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Interest expense on lease liabilities</a></td>
<td class="nump">52<span></span>
</td>
<td class="nump">44<span></span>
</td>
<td class="nump">51<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_ifrs-full_DirectOperatingExpenseFromInvestmentProperty', window );">Direct operating expense from investment property</a></td>
<td class="nump">14,066<span></span>
</td>
<td class="text">&#160;<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_LeaseAndNonleaseComponents', window );">Lease components</a></td>
<td class="nump">29,145<span></span>
</td>
<td class="text">&#160;<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_CounterpartiesAxis=glbs_CyberonicaSAMember', window );">Cyberonica 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>
</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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems', window );"><strong>Disclosure of initial application of standards or interpretations [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Incremental cost of borrowing</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">8.00%<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_CounterpartiesAxis=glbs_CyberonicaSAMember', window );">Cyberonica S.A. [member] | For 350 Square meters [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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems', window );"><strong>Disclosure of initial application of standards or interpretations [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 custom" 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="text">&#160;<span></span>
</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<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_ifrs-full_LeaseLiabilities', window );">Lease liability</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">$ 380<span></span>
</td>
<td class="nump">$ 674<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_CiTMember', 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>
</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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems', window );"><strong>Disclosure of initial application of standards or interpretations [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingCostsCapitalised', window );">Borrowing costs capitalised</a></td>
<td class="nump">$ 545<span></span>
</td>
<td class="text">&#160;<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_EnTrustMember', 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>
</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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems', window );"><strong>Disclosure of initial application of standards or interpretations [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingCostsCapitalised', window );">Borrowing costs capitalised</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">880<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_DeferredDryDockingCostsMember', window );">Deferred Dry-docking costs [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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems', window );"><strong>Disclosure of initial application of standards or interpretations [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IntervalBetweenVesselDrydockingSpecialSurvey', window );">Interval Between Vessel Drydocking Special Survey</a></td>
<td class="text">2 years 6 months<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_DepreciationMethodPropertyPlantAndEquipment', window );">Depreciation method</a></td>
<td class="text">straight-line
basis<span></span>
</td>
<td class="text">&#160;<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_VesselsMember', window );">Vessels [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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems', window );"><strong>Disclosure of initial application of standards or interpretations [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationMethodPropertyPlantAndEquipment', window );">Depreciation method</a></td>
<td class="text">straight-line
basis<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment', window );">Useful life</a></td>
<td class="text">25
years<span></span>
</td>
<td class="text">&#160;<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_VesselsScrapRatePerTon', window );">Vessels scrap rate per ton</a></td>
<td class="nump">$ 380<span></span>
</td>
<td class="nump">$ 300<span></span>
</td>
<td class="nump">$ 300<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_ExtraDepreciationPropertyPlantAndEquipment', window );">Decrease in depreciation expense due to changes in scrap rate</a></td>
<td class="nump">$ 145<span></span>
</td>
<td class="text">&#160;<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_dei_EntityAccountingStandard">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 standardized abbreviation of the accounting standard used by the entity. This can either be US GAAP as promulgated by the FASB or IFRS as promulgated by the IASB. Example: 'US GAAP', 'IFRS'.  This is distinct from the Document Accounting Standard element.</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_EntityAccountingStandard</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: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_AllowanceForDoubtfulTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 valuation allowance for trade receivables due from companies that are expected to be uncollectible.</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_AllowanceForDoubtfulTradeReceivables</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_ExtraDepreciationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 extra depreciation expense recognised during the period, due to changes in scrap rates.</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_ExtraDepreciationPropertyPlantAndEquipment</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_IntervalBetweenVesselDrydockingSpecialSurvey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Refers to the period of review of drydocking and special survey costs in order to be amortized or deferred.</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_IntervalBetweenVesselDrydockingSpecialSurvey</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:durationItemType</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_LeaseAndNonleaseComponents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Amout of lease and non lease components that is calculated as the difference between total revenue and the non-lease component revenue.</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_LeaseAndNonleaseComponents</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_NumberOfOperatingSegments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_NumberOfOperatingSegments</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_VesselsScrapRatePerTon">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 estimated vessels' scrap rate per ton.</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_VesselsScrapRatePerTon</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>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_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_BorrowingCostsCapitalised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 and other costs that an entity incurs in connection with the borrowing of funds that are directly attributable to the acquisition, construction or production of a qualifying asset and which form part of the cost of that 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 IAS<br> -Number 23<br> -IssueDate 2021-01-01<br> -Paragraph 26<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=23&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_26_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_BorrowingCostsCapitalised</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_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>
</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_DepreciationMethodPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 depreciation method used for property, plant and equipment. [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/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph b<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_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_DepreciationMethodPropertyPlantAndEquipment</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_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_DescriptionOfNatureOfBenefitsProvidedByPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 benefits provided by a defined benefit plan (for example, final salary defined benefit plan or contribution-based plan with guarantee). [Refer: Defined benefit plans [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 19<br> -IssueDate 2021-01-01<br> -Paragraph 139<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_139_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_DescriptionOfNatureOfBenefitsProvidedByPlan</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_DescriptionOfUsefulLifePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 useful life used for property, plant and equipment. [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/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph c<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_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_DescriptionOfUsefulLifePropertyPlantAndEquipment</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_DirectOperatingExpenseFromInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 direct operating expenses (including repairs and maintenance) arising from investment property. [Refer: Investment property]</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 40<br> -IssueDate 2021-01-01<br> -Paragraph 75<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=40&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_75_f&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_DirectOperatingExpenseFromInvestmentProperty</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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems</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_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [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 19<br> -IssueDate 2021-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_140_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_LiabilityAssetOfDefinedBenefitPlans</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_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 weighted average lessee's incremental borrowing rate applied to lease liabilities recognised in the statement of financial position at the date of initial application of IFRS 16. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment.</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 C12<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_C12_a&amp;doctype=Appendix&amp;subtype=C<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_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16</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_CounterpartiesAxis=glbs_CyberonicaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CounterpartiesAxis=glbs_CyberonicaSAMember</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_ClassesOfAssetsAxis=glbs_Office350SquareMetersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ClassesOfAssetsAxis=glbs_Office350SquareMetersMember</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_CiTMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CiTMember</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_EnTrustMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_EnTrustMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_DeferredDryDockingCostsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DeferredDryDockingCostsMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_VesselsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_VesselsMember</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>62
<FILENAME>R48.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045116392">
<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>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</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_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 custom" 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">$ 25<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 custom" 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">45,188<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 custom" 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">$ 45,213<span></span>
</td>
<td class="nump">$ 19,037<span></span>
</td>
<td class="nump">$ 2,366<span></span>
</td>
<td class="nump">$ 46<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>63
<FILENAME>R49.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180044931240">
<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>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</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_CashAndCashEquivalentsFairValueDisclosure', window );">Cash And Cash Equivalents Fair Value Disclosure</a></td>
<td class="nump">$ 45,213<span></span>
</td>
<td class="nump">$ 19,037<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_ifrs-full_RestrictedCashAndCashEquivalents', window );">Restricted cash and cash equivalents</a></td>
<td class="nump">5,224<span></span>
</td>
<td class="nump">2,066<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_RestrictedCashAndCashEquivalentsFairValueDisclosure', window );">Restricted Cash And Cash Equivalents Fair Value Disclosure</a></td>
<td class="nump">5,224<span></span>
</td>
<td class="nump">2,066<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_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents', window );">Non-current restricted cash and cash equivalents</a></td>
<td class="nump">3,576<span></span>
</td>
<td class="nump">1,250<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_ifrs-full_CurrentRestrictedCashAndCashEquivalents', window );">Current restricted cash and cash equivalents</a></td>
<td class="nump">$ 1,648<span></span>
</td>
<td class="nump">816<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_FirmentShippingIncMember', window );">Firment Shipping Inc. [member]</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_ifrs-full_UndrawnBorrowingFacilities', window );">Undrawn borrowing facilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 14,200<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_CashAndCashEquivalentsFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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.</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_CashAndCashEquivalentsFairValueDisclosure</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_RestrictedCashAndCashEquivalentsFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 cash and cash equivalent items which are restricted as to withdrawal or usage.</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_RestrictedCashAndCashEquivalentsFairValueDisclosure</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_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>
<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_BorrowingsByNameAxis=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_BorrowingsByNameAxis=glbs_FirmentShippingIncMember</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>64
<FILENAME>R50.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042394824">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_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_DirectorsCompensationSharebasedPayment', window );">Share-based payments (Note 12)</a></td>
<td class="nump">$ 40<span></span>
</td>
<td class="nump">$ 40<span></span>
</td>
<td class="nump">$ 40<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_NonExecutiveDirectorsMember', window );">Non-Executive Directors [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DirectorsRemunerationExpense', window );">Directors&#8217; remuneration</a></td>
<td class="nump">145<span></span>
</td>
<td class="nump">143<span></span>
</td>
<td class="nump">147<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_DirectorsCompensationSharebasedPayment', window );">Share-based payments (Note 12)</a></td>
<td class="nump">40<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="nump">40<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensation', window );">Total</a></td>
<td class="nump">$ 185<span></span>
</td>
<td class="nump">$ 183<span></span>
</td>
<td class="nump">$ 187<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<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_ifrs-full_DirectorsRemunerationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 remuneration paid or payable to the entity's directors.</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_DirectorsRemunerationExpense</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_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>
</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_KeyManagementPersonnelCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 key management personnel. [Refer: Key management personnel of entity or parent [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 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&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_KeyManagementPersonnelCompensation</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_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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>65
<FILENAME>R51.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042831176">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Transactions with Related Parties - Compensation to the Company's Executive Director (Details) - Executive Director [member] - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_glbs_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [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_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits', window );">Short-term employee benefits</a></td>
<td class="nump">$ 1,216<span></span>
</td>
<td class="nump">$ 1,772<span></span>
</td>
<td class="nump">$ 224<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensation', window );">Total</a></td>
<td class="nump">$ 1,216<span></span>
</td>
<td class="nump">$ 1,772<span></span>
</td>
<td class="nump">$ 224<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_IfrsStatementLineItems</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_KeyManagementPersonnelCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 key management personnel. [Refer: Key management personnel of entity or parent [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 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&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_KeyManagementPersonnelCompensation</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_KeyManagementPersonnelCompensationShorttermEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 key management personnel in the form of short-term employee benefits. [Refer: Key management personnel of entity or parent [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 17<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&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_KeyManagementPersonnelCompensationShorttermEmployeeBenefits</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_CategoriesOfRelatedPartiesAxis=glbs_ExecutiveDirectorMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ExecutiveDirectorMember</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>66
<FILENAME>R52.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180031694616">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Transactions with Related Parties (Details Narrative)<br></strong></div></th>
<th class="th" colspan="2">2 Months Ended</th>
<th class="th" colspan="2">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">7 Months Ended</th>
<th class="th" colspan="2">8 Months Ended</th>
<th class="th" colspan="2">11 Months Ended</th>
<th class="th" colspan="6">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Mar. 02, 2021 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Feb. 28, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>May 08, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Apr. 23, 2019 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jun. 12, 2020 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jul. 15, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 22, 2020 </div>
<div>shares</div>
</th>
<th class="th">
<div>Jul. 27, 2020 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Aug. 18, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 18, 2016 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Dec. 03, 2020 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Nov. 30, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>USD ($) </div>
<div>$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Jan. 31, 2022 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 05, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 03, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jan. 01, 2019 </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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 952,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 638,000<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 custom" 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">206,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">112,000<span></span>
</td>
<td class="nump">$ 112,000<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 custom" 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">52,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">44,000<span></span>
</td>
<td class="nump">51,000<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="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_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities', window );">Payment of lease liability - principal and Interest Paid</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">314,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">229,000<span></span>
</td>
<td class="nump">47,000<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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_ConsultingFeesExpense', window );">Consulting Fees Expense</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 329,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">243,000<span></span>
</td>
<td class="nump">191,000<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="re">
<td class="pl custom" 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 | 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">342,857<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<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.<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.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_Borrowings', window );">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="text">&#160;<span></span>
</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">$ 31,303,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">36,552,000<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 custom" 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">181,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,647,000)<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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpense', window );">Interest expense</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,958,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,721,000<span></span>
</td>
<td class="nump">$ 3,603,000<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_ClassesOfShareCapitalAxis=glbs_PreferredSharesMember', window );">Preferred 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
<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_AffiliatedCompanyOfCompanysCEOMember', window );">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ConsultingFeesExpense', window );">Consulting Fees Expense</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">$ 224,000<span></span>
</td>
<td class="nump">&#8364; 200,000<span></span>
</td>
<td class="nump">&#8364; 400,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,216,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,772,000<span></span>
</td>
<td class="nump">$ 224,000<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="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_AgreedAmountOfOneTimeCashBonus', window );">Amount of one-time cash bonus</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 1,500,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,500,000<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_OneTimeCashBonusPayment', window );">One time cash bonus payment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,000,000<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_RemainingOfOneTimeCashBonusPayment', window );">Remaining of one time cash bonus payment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_AffiliatedCompanyOfCompanysCEOMember', window );">Goldenmare Limited [member] | Preferred 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | shares</a></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="nump">50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></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="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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 );">Issue of preferred shares</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="nump">$ 150,000<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<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
at December 31, 2021, and 2020, Goldenmare Limited owned 10,300 and 300, respectively, 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. 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.<span></span>
</td>
<td class="text">As
at December 31, 2021, and 2020, Goldenmare Limited owned 10,300 and 300, respectively, 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. 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.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates', window );">Number of shares in entity held by entity or by its subsidiaries or associates | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="text">&#160;<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ChairmanOfTheBoardOfDirectorsMember', window );">Chairman of the Board of Directors [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ProportionOfOwnershipInterestsHeldByControllingParty', window );">Proportion Of Ownership Interests Held By Controlling Party</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.70%<span></span>
</td>
<td class="nump">3.70%<span></span>
</td>
<td class="nump">0.40%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | 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">11,322<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">$ 0.004<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Line Of Credit Facility Maximum Borrowing 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 15,000,000<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_DescriptionOfBorrowingsScope', window );">Description of 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">for
the purpose of financing its general working capital needs<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_CreditFacilityCollateraDescription', window );">Credit facility collateral description</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">The
Firment Shipping Credit Facility was unsecured and remained available until its final maturity date<span></span>
</td>
<td class="text">The
Firment Shipping Credit Facility was unsecured and remained available until its final maturity date<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<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>
<td class="text">&#160;<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_LineOfCreditFacilityDrawndownAmountsMultiples', window );">Line Of Credit Facility Drawndown Amounts Multiples</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>
<td class="nump">$ 100,000<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_ifrs-full_BorrowingsInterestRate', window );">Borrowings, 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="text">&#160;<span></span>
</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">3.50%<span></span>
</td>
<td class="nump">7.00%<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>
</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="text">&#160;<span></span>
</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">2.00%<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="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_DebtInstrumentConversionPriceDescription', window );">Debt instrument conversion price description</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">The
conversion price should equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock
on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#8220;VWAP&#8221;)
over the pricing period multiplied by 80%, where the &#8220;Pricing Period&#8221; equals the ten consecutive trading days immediately
preceding the date on which the conversion notice was executed or, (ii) Two Hundred Eighty US Dollars ($280.00).<span></span>
</td>
<td class="text">The
conversion price should equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock
on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#8220;VWAP&#8221;)
over the pricing period multiplied by 80%, where the &#8220;Pricing Period&#8221; equals the ten consecutive trading days immediately
preceding the date on which the conversion notice was executed or, (ii) Two Hundred Eighty US Dollars ($280.00).<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 3,100,000<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_InterestPayable', window );">Interest payable</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">$ 70,000<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | $ / 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">$ 280<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="nump">$ 117,000<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">220,000<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="nump">$ 189,000<span></span>
</td>
<td class="nump">135,000<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 custom" 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="nump">$ 863,000<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>
<td class="text">&#160;<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_ifrs-full_InterestExpense', window );">Interest expense</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">26,000<span></span>
</td>
<td class="nump">96,000<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_CategoriesOfRelatedPartiesAxis=glbs_FirmentShippingIncMember', window );">Firment Shipping Inc. [member] | Minimum [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 );">Proportion Of Ownership Interests Held By Controlling Party</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40.00%<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>
<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] | Amended And Restated Agreement [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Line Of Credit Facility Maximum Borrowing Capacity</a></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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_EolosShipmanagementMember', window );">Eolos Shipmanagement S.A [member] | Daily rate [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ConsultingFeesExpense', window );">Consulting Fees Expense</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">$ 1,000<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_NonExecutiveDirectorsMember', window );">Non-Executive Directors [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_AccruedDirectorsCompensation', window );">Accrued Directors Compensation</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 105,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">80,000<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="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_ExecutiveDirectorMember', window );">Executive Director [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_AccruedDirectorsCompensation', window );">Accrued Directors Compensation</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 985,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,739,000<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="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_CounterpartiesAxis=glbs_CyberonicaSAMember', window );">Cyberonica 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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</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>
<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>
<td class="nump">$ 11,900<span></span>
</td>
<td class="nump">&#8364; 10,360<span></span>
</td>
<td class="text">&#160;<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_LeaseExpirationDate', window );">Lease expiration 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">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Aug.  04,  2024<span></span>
</td>
<td class="text">Aug.  04,  2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_LeasesAsLesseeRelatedPartyTransactions', window );">Leases as lessee, related party transactions</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 242,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 141,000<span></span>
</td>
<td class="nump">$ 139,000<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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_CreditAdjustmentOfFinanceCost', window );">Credit adjustment of finance cost</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>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 39,000<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>
</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_CounterpartiesAxis=glbs_CyberonicaSAMember', window );">Cyberonica S.A. [member] | For 350 Square meters [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 380,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 674,000<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_CounterpartiesAxis=glbs_CyberonicaSAMember', window );">Cyberonica S.A. [member] | For extra 552 Square meters [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 632,000<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_AccruedDirectorsCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Carrying value as of the balance sheet date of the obligations incurred through that date and payable for directors' services provided.</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_AccruedDirectorsCompensation</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_AgreedAmountOfOneTimeCashBonus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 bonus agreed the Company to pay to the CEO pursuant to his consultancy 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_AgreedAmountOfOneTimeCashBonus</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_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_ConsultingFeesExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 fees paid or payable for consulting fees.</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_ConsultingFeesExpense</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_CreditAdjustmentOfFinanceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 credit adjustment,classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest and finance 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_CreditAdjustmentOfFinanceCost</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_CreditFacilityCollateraDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 collateral description of the credit facility.</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_CreditFacilityCollateraDescription</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_DebtInstrumentConversionPriceDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 conversion price description of 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_DebtInstrumentConversionPriceDescription</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_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_DescriptionOfBorrowingsScope">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 the terms of a credit facility arrangement.</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_DescriptionOfBorrowingsScope</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_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_LeaseExpirationDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Date which lease or group of leases is set to expire, in YYYY-MM format.</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_LeaseExpirationDate</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:dateItemType</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_LineOfCreditFacilityDrawndownAmountsMultiples">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 multiples of amounts that the company has the right to drawdown under the relevant credit facility.</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_LineOfCreditFacilityDrawndownAmountsMultiples</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>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_LineOfCreditFacilityMaximumBorrowingCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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.</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_LineOfCreditFacilityMaximumBorrowingCapacity</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_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_OneTimeCashBonusPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 payment of cash bonus pursuant to consultancy 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_OneTimeCashBonusPayment</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_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 combination for payment of lease liabilities and 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>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_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities</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_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_glbs_RemainingOfOneTimeCashBonusPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Remaining payment of cash bonus pursuant to consultancy 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_RemainingOfOneTimeCashBonusPayment</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_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_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_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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_BorrowingsInterestRate</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_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_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_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>
</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_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_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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 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_23_d&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 f<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_f&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_InterestExpense</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_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_InterestPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 recognised as a liability.</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_InterestPayable</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_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_LeasesAsLesseeRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 leases where the entity was the lessee in related party transactions. [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/exampleRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 21<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_21_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_LeasesAsLesseeRelatedPartyTransactions</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_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_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_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>
</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_ClassesOfShareCapitalAxis=glbs_PreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_PreferredSharesMember</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_CategoriesOfRelatedPartiesAxis=glbs_ChairmanOfTheBoardOfDirectorsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ChairmanOfTheBoardOfDirectorsMember</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_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>
<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=srt_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=srt_MinimumMember</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_CategoriesOfRelatedPartiesAxis=glbs_EolosShipmanagementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_EolosShipmanagementMember</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_CapitalRequirementsAxis=glbs_DailyRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CapitalRequirementsAxis=glbs_DailyRateMember</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_CategoriesOfRelatedPartiesAxis=glbs_ExecutiveDirectorMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ExecutiveDirectorMember</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_CounterpartiesAxis=glbs_CyberonicaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CounterpartiesAxis=glbs_CyberonicaSAMember</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_ClassesOfAssetsAxis=glbs_Office350SquareMetersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ClassesOfAssetsAxis=glbs_Office350SquareMetersMember</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_ClassesOfAssetsAxis=glbs_Office552SquareMetersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ClassesOfAssetsAxis=glbs_Office552SquareMetersMember</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>67
<FILENAME>R53.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180038945944">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net - Consolidated Statement of Financial Position (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_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>
</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_ifrs-full_Ships', window );">Balance beginning of period</a></td>
<td class="nump">$ 62,350<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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (4,615)<span></span>
</td>
<td class="num">$ (29,902)<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_ifrs-full_Ships', window );">Balance ending of period</a></td>
<td class="nump">130,724<span></span>
</td>
<td class="nump">62,350<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_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=glbs_CarryingAmountIMember', window );">Carrying Amount [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_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>
</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_ifrs-full_Ships', window );">Balance beginning of period</a></td>
<td class="nump">62,350<span></span>
</td>
<td class="nump">48,242<span></span>
</td>
<td class="nump">83,750<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_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions/ (Dry Docking Component)</a></td>
<td class="nump">74,790<span></span>
</td>
<td class="nump">22,311<span></span>
</td>
<td class="nump">676<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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4,615)<span></span>
</td>
<td class="num">(29,902)<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_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation expense</a></td>
<td class="num">(6,416)<span></span>
</td>
<td class="num">(3,588)<span></span>
</td>
<td class="num">(6,282)<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_ifrs-full_Ships', window );">Balance ending of period</a></td>
<td class="nump">130,724<span></span>
</td>
<td class="nump">62,350<span></span>
</td>
<td class="nump">48,242<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_VesselsMember', window );">Vessels [member] | Gross carrying amount [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_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>
</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_ifrs-full_Ships', window );">Balance beginning of period</a></td>
<td class="nump">162,992<span></span>
</td>
<td class="nump">149,579<span></span>
</td>
<td class="nump">179,427<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_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions/ (Dry Docking Component)</a></td>
<td class="nump">70,746<span></span>
</td>
<td class="nump">18,028<span></span>
</td>
<td class="nump">54<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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4,615)<span></span>
</td>
<td class="num">(29,902)<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_ifrs-full_Ships', window );">Balance ending of period</a></td>
<td class="nump">233,738<span></span>
</td>
<td class="nump">162,992<span></span>
</td>
<td class="nump">149,579<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_VesselsMember', window );">Vessels [member] | Accumulated depreciation, amortisation and impairment [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_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>
</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_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance beginning of period</a></td>
<td class="num">(104,111)<span></span>
</td>
<td class="num">(101,858)<span></span>
</td>
<td class="num">(97,280)<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_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation expense</a></td>
<td class="num">(3,665)<span></span>
</td>
<td class="num">(2,253)<span></span>
</td>
<td class="num">(4,578)<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_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance ending of period</a></td>
<td class="num">(107,776)<span></span>
</td>
<td class="num">(104,111)<span></span>
</td>
<td class="num">(101,858)<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>
<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>
</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_ifrs-full_Ships', window );">Balance beginning of period</a></td>
<td class="nump">11,883<span></span>
</td>
<td class="nump">7,600<span></span>
</td>
<td class="nump">6,978<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_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions/ (Dry Docking Component)</a></td>
<td class="nump">4,044<span></span>
</td>
<td class="nump">4,283<span></span>
</td>
<td class="nump">622<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_ifrs-full_Ships', window );">Balance ending of period</a></td>
<td class="nump">15,927<span></span>
</td>
<td class="nump">11,883<span></span>
</td>
<td class="nump">7,600<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>
<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>
</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_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance beginning of period</a></td>
<td class="num">(8,414)<span></span>
</td>
<td class="num">(7,079)<span></span>
</td>
<td class="num">(5,375)<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_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation expense</a></td>
<td class="num">(2,751)<span></span>
</td>
<td class="num">(1,335)<span></span>
</td>
<td class="num">(1,704)<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_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance ending of period</a></td>
<td class="num">$ (11,165)<span></span>
</td>
<td class="num">$ (8,414)<span></span>
</td>
<td class="num">$ (7,079)<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>
</tr>
</table></div>
</div></td></tr>
</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_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_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=glbs_CarryingAmountIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=glbs_CarryingAmountIMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_VesselsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_VesselsMember</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_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_DryDockingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
<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>68
<FILENAME>R54.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180039561160">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_DisclosureOfPropertyPlantAndEquipmentAbstract', window );"><strong>Disclosure of detailed information about property, plant and equipment [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>
</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_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Vessels depreciation</a></td>
<td class="nump">$ 3,665<span></span>
</td>
<td class="nump">$ 2,253<span></span>
</td>
<td class="nump">$ 4,578<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_DepreciationOfficeFurnitureAndEquipment', window );">Depreciation on office furniture and equipment</a></td>
<td class="nump">39<span></span>
</td>
<td class="nump">33<span></span>
</td>
<td class="nump">31<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_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation of right of use asset</a></td>
<td class="nump">206<span></span>
</td>
<td class="nump">112<span></span>
</td>
<td class="nump">112<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationExpense', window );">Total</a></td>
<td class="nump">$ 3,910<span></span>
</td>
<td class="nump">$ 2,398<span></span>
</td>
<td class="nump">$ 4,721<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DepreciationOfficeFurnitureAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 office furniture 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_DepreciationOfficeFurnitureAndEquipment</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_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_DepreciationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 property, plant and equipment. [Refer: Depreciation and amortisation expense; 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 vii<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_vii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 75<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_75_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_DepreciationPropertyPlantAndEquipment</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_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_DisclosureOfPropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfPropertyPlantAndEquipmentAbstract</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>69
<FILENAME>R55.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045122168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net - Impairment loss (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="num">$ (4,615)<span></span>
</td>
<td class="num">$ (29,902)<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_MVRiverGlobeMember', window );">m/v River Globe [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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="num">(332)<span></span>
</td>
<td class="num">(6,920)<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_MVSkyGlobeMember', window );">m/v Sky Globe [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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="num">(1,231)<span></span>
</td>
<td class="num">(8,074)<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_MVStarGlobeMember', window );">m/v Star Globe [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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="num">(460)<span></span>
</td>
<td class="num">(7,197)<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_MVSunGlobeMember', window );">m/v Sun Globe [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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="num">(2,013)<span></span>
</td>
<td class="num">(4,797)<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_MVMoonGlobeMember', window );">m/v Moon Globe [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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="num">$ (579)<span></span>
</td>
<td class="num">$ (2,914)<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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems</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_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_MVRiverGlobeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MVRiverGlobeMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_MVSkyGlobeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MVSkyGlobeMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_MVStarGlobeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MVStarGlobeMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_MVSunGlobeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MVSunGlobeMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_MVMoonGlobeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MVMoonGlobeMember</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>70
<FILENAME>R56.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180038357128">
<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="1">9 Months Ended</th>
<th class="th" colspan="1">10 Months Ended</th>
<th class="th" colspan="3">12 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>Sep. 22, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Oct. 29, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 71,600,000<span></span>
</td>
<td class="nump">$ 18,474,000<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_WeightedAverageCostOfCapital', window );">Weighted Average Cost Of Capital</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">4.06%<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_TimePeriodConsidered', window );">Time Period Considered</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">the Company used the historical ten-year
blended average one-year time charter rates<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_AssumptionOfExpectedRatesOfInflation', window );">Assumption Of Expected Rates Of Inflation</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">1.00%<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_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss recognised in profit or loss, property, plant and equipment</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">$ 4,615,000<span></span>
</td>
<td class="nump">$ 29,902,000<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_GalaxyGlobeMember', window );">Galaxy 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>
<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>
<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">2015<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">&#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>
<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_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="text">&#160;<span></span>
</td>
<td class="nump">$ 18,400,000<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 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="nump">81,167<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_DryDockingCostCapitalised', window );">Dry-docking cost capitalised</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">$ 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_DryBulkCarriersMember', window );">Six dry bulk carriers [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>
</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>
<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="text">&#160;<span></span>
</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">381,738<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]</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>
</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>
<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>
<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>
<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_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</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>
<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_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>
<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_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">Jul. 20,  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_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>
<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>
<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_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>
<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_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>
<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_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="nump">$ 27,000,000<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>
</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="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>
<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_DryDockingCostCapitalised', window );">Dry-docking cost capitalised</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>
<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_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Jun.  09,  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>
</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_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions other than through business combinations, property, plant and equipment</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>
<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>
<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>
<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">2015<span></span>
</td>
<td class="text">&#160;<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">&#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>
<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_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>
<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="text">&#160;<span></span>
</td>
<td class="nump">81,837<span></span>
</td>
<td class="text">&#160;<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_DryDockingCostCapitalised', window );">Dry-docking cost capitalised</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 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>
<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">Nov. 29,  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>
</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_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions other than through business combinations, property, plant and equipment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 27,900,000<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="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_SupramaxMember', window );">Supramax [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>
</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>
<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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50,000<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_AssumptionOfFleetUtilisationRate', window );">Assumption Of Fleet Utilisation 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="nump">87.00%<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_PanamaxMember', window );">Panamax [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>
</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>
<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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">70,000<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_AssumptionOfFleetUtilisationRate', window );">Assumption Of Fleet Utilisation 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="nump">90.00%<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_AssumptionOfExpectedRatesOfInflation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 expected rate of inflation that is used as an assumption to determine the discounted future cash flows of each 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_AssumptionOfExpectedRatesOfInflation</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_AssumptionOfFleetUtilisationRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 expected fleet utilisation rate that is used as an assumption to determine the discounted future cash flows of each 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_AssumptionOfFleetUtilisationRate</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_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_TimePeriodConsidered">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 period of time charter rates used to create an average to calculate cash flows for impairment purposes.</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_TimePeriodConsidered</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_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:dateItemType</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_glbs_WeightedAverageCostOfCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_WeightedAverageCostOfCapital</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_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_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>
</div></td></tr>
</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_GalaxyGlobeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_GalaxyGlobeMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_DryBulkCarriersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DryBulkCarriersMember</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_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>
</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_Yangze11Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
<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_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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_SupramaxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_SupramaxMember</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_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PanamaxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_PanamaxMember</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>71
<FILENAME>R57.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042808168">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Inventories (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 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_ClassesOfInventoriesAbstract', window );"><strong>Classes of current inventories [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_LubricantsInventoryCurrent', window );">Lubricants</a></td>
<td class="nump">$ 765<span></span>
</td>
<td class="nump">$ 319<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_GasCylindersInventoryCurrent', window );">Gas cylinders</a></td>
<td class="nump">87<span></span>
</td>
<td class="nump">75<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_BunkerInventoryCurrent', window );">Bunkers</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">854<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Total</a></td>
<td class="nump">$ 852<span></span>
</td>
<td class="nump">$ 1,248<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_BunkerInventoryCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Carrying amount as of the balance sheet date of bunkers' inventory.</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_BunkerInventoryCurrent</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_GasCylindersInventoryCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Carrying amount as of the balance sheet date of gas cylinder's inventory.</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_GasCylindersInventoryCurrent</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_LubricantsInventoryCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Carrying amount as of the balance sheet date of lubricants' inventory.</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_LubricantsInventoryCurrent</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_ClassesOfInventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ClassesOfInventoriesAbstract</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_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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>72
<FILENAME>R58.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042249752">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade accounts payable (Details Narrative) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 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_TradeAndOtherPayablesAbstract', window );"><strong>Trade and other payables [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade and other current payables</a></td>
<td class="nump">$ 1,100<span></span>
</td>
<td class="nump">$ 4,758<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_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_TradeAndOtherPayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_TradeAndOtherPayablesAbstract</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>73
<FILENAME>R59.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180038585592">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Accrued liabilities and other payables (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 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_MiscellaneousCurrentLiabilitiesAbstract', window );"><strong>Miscellaneous current liabilities [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInterestPayable', window );">Accrued interest</a></td>
<td class="nump">$ 179<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_ifrs-full_CurrentDebtInstrumentsIssued', window );">Accrued Interest Swap Loss</a></td>
<td class="nump">30<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_AccruedAuditFeesCurrent', window );">Accrued audit fees</a></td>
<td class="nump">82<span></span>
</td>
<td class="nump">63<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_OtherAccruals', window );">Other accruals</a></td>
<td class="nump">3,262<span></span>
</td>
<td class="nump">1,953<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_CurrentInsuranceDeductibles', window );">Insurance deductibles</a></td>
<td class="nump">64<span></span>
</td>
<td class="nump">96<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_ifrs-full_OtherCurrentPayables', window );">Other payables</a></td>
<td class="nump">59<span></span>
</td>
<td class="nump">47<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Total</a></td>
<td class="nump">$ 3,676<span></span>
</td>
<td class="nump">$ 2,159<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_AccruedAuditFeesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 audit fees payable.</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_AccruedAuditFeesCurrent</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_CurrentInsuranceDeductibles">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 insurance deductibles payable.</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_CurrentInsuranceDeductibles</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_OtherAccruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 accruals payable classified as 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_OtherAccruals</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_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_CurrentDebtInstrumentsIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 debt instruments issued. [Refer: Debt instruments 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/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_CurrentDebtInstrumentsIssued</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_CurrentInterestPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 interest payable. [Refer: Interest payable]</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_CurrentInterestPayable</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_MiscellaneousCurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MiscellaneousCurrentLiabilitiesAbstract</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_OtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 payables 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 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_OtherCurrentPayables</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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>74
<FILENAME>R60.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180031475528">
<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>Dec. 31, 2021</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_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>
</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_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="nump">$ 0.004<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_ValueOfSharesAuthorised', window );">Value Of Shares Authorised</a></td>
<td class="nump">$ 2,200<span></span>
</td>
<td class="nump">$ 2,200<span></span>
</td>
<td class="nump">$ 2,200<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_CommonSharesMember', window );">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>
</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>
</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_ifrs-full_NumberOfSharesAuthorised', window );">Number of shares authorised</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">500,000,000<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_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<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">$ 2,000<span></span>
</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>
<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>
</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_ifrs-full_NumberOfSharesAuthorised', window );">Number of shares authorised</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100,000,000<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_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<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=glbs_PreferredSharesMember', window );">Preferred 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="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>
</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_ifrs-full_NumberOfSharesAuthorised', window );">Number of shares authorised</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100,000,000<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_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="text">&#160;<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 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>
<td class="nump">$ 100<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_ValueOfSharesAuthorised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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_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=glbs_CommonSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CommonSharesMember</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=glbs_PreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_PreferredSharesMember</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>75
<FILENAME>R61.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180031428872">
<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="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_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>
</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_ifrs-full_IssuedCapital', window );">Balance beginning of period</a></td>
<td class="nump">$ 12<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_ifrs-full_IssuedCapital', window );">Balance ending of period</a></td>
<td class="nump">$ 82<span></span>
</td>
<td class="nump">$ 12<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>
<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>
</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_ifrs-full_NumberOfSharesIssuedAndFullyPaid', window );">Balance beginning of period</a></td>
<td class="nump">3,040,123<span></span>
</td>
<td class="nump">52,235<span></span>
</td>
<td class="nump">32,057<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 year for share-based compensation (note 12)</a></td>
<td class="nump">12,178<span></span>
</td>
<td class="nump">2,812<span></span>
</td>
<td class="nump">180<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 stock due to conversion of loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,678<span></span>
</td>
<td class="nump">19,998<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">2,942,848<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_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity', window );">Issuance of common stock due to exercise of pre-funded warrants</a></td>
<td class="nump">2,625,000<span></span>
</td>
<td class="nump">25,000<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_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity', window );">Issuance of common stock due to exercise of warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,550<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_ifrs-full_NumberOfSharesIssuedAndFullyPaid', window );">Balance ending of period</a></td>
<td class="nump">20,582,301<span></span>
</td>
<td class="nump">3,040,123<span></span>
</td>
<td class="nump">52,235<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>
<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>
</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_ifrs-full_IssuedCapital', window );">Balance beginning of period</a></td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">$ 0<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_ifrs-full_IssueOfEquity', window );">Issuance of new common stocks</a></td>
<td class="nump">60<span></span>
</td>
<td class="nump">12<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_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity', window );">Issuance of common stock due to exercise of pre-funded warrants</a></td>
<td class="nump">10<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_ifrs-full_IssuedCapital', window );">Balance ending of period</a></td>
<td class="nump">$ 82<span></span>
</td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">$ 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_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_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_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_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_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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>76
<FILENAME>R62.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180028420504">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Capital and Share Premium (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="2">2 Months Ended</th>
<th class="th" colspan="2">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="2">7 Months Ended</th>
<th class="th" colspan="2">11 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Jan. 13, 2021 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Jan. 29, 2021 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Mar. 02, 2021 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Feb. 17, 2021 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jun. 29, 2021 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Apr. 23, 2019 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jun. 12, 2020 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jun. 30, 2020 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jun. 22, 2020 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jul. 27, 2020 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Jul. 21, 2020 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 10, 2020 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 09, 2020 </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>USD ($) </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jun. 30, 2021 </div>
<div>shares</div>
</th>
<th class="th">
<div>Feb. 28, 2021 </div>
<div>shares</div>
</th>
<th class="th">
<div>Jan. 31, 2021 </div>
<div>shares</div>
</th>
<th class="th">
<div>Mar. 13, 2019 </div>
<div>$ / shares</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<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.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">342,857<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
<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_ifrs-full_Borrowings', window );">Borrowings | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 31,303,000<span></span>
</td>
<td class="nump">$ 36,552,000<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 custom" 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 | $ / 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 35<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ProceedsFromWarrantExercises', window );">Proceeds From Warrant Exercises | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25,000<span></span>
</td>
<td class="nump">194,000<span></span>
</td>
<td class="nump">$ 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>
</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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">89,580,000<span></span>
</td>
<td class="nump">49,317,000<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>
</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_ifrs-full_ShareIssueRelatedCost', window );">Share issue related cost | $</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">401,000<span></span>
</td>
<td class="nump">1,079,000<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 custom" 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 | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 284,406,000<span></span>
</td>
<td class="nump">$ 195,102,000<span></span>
</td>
<td class="nump">$ 145,527,000<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="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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="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="nump">$ 0.004<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_ifrs-full_Borrowings', window );">Borrowings | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,168,000<span></span>
</td>
<td class="nump">$ 1,789,000<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 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 | $ / 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_NumberOfSharesIssued', window );">Number of shares issued | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">11,678<span></span>
</td>
<td class="nump">8,676<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | 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">11,322<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">$ 0.004<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>
<td class="text">&#160;<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_ifrs-full_Borrowings', window );">Borrowings | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 3,100,000<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>
<td class="text">&#160;<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_ifrs-full_InterestPayable', window );">Interest payable | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 70,000<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>
<td class="text">&#160;<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_DebtInstrumentConvertibleConversionPrice', window );">Debt Instrument Convertible Conversion Price | $ / 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">$ 280<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_MaximGroupLLCMember', window );">Maxim Group LLC [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">51,393<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 35<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted', window );">Option life, share options granted</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">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ProceedsFromExerciseOfOptions', window );">Proceeds from exercise of options | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 12,695,000<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>
<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_MaximGroupLLCMember', window );">Maxim Group LLC [member] | 45-day option [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">51,429<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">51,429<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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]</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,155,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,850,000<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,256,765<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="nump">$ 0.004<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>
<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_ifrs-full_ProceedsFromIssuingShares', window );">Proceeds from issuing shares | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 15,108,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 27,891,000<span></span>
</td>
<td class="nump">$ 46,581,000<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="nump">$ 11,159,000<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="re">
<td class="pl custom" 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 | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 120,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 152,000<span></span>
</td>
<td class="nump">$ 129,000<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_CommonSharesMember', window );">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">12,178<span></span>
</td>
<td class="nump">2,812<span></span>
</td>
<td class="nump">180<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="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="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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
</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_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="text">&#160;<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_ClassBPreferredSharesMember', window );">Class B Preferred 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | shares</a></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="nump">50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">$ 0.001<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="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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 );">Issue of preferred shares | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 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="nump">$ 150,000<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>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="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>
</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 | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 );">Increase Decrease In Number Of Ordinary Shares Issued Through Exercise Of Warrants Equity | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
<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_ProceedsFromWarrantExercises', window );">Proceeds From Warrant Exercises | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 194,000<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="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 Warrants Outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding | 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="text">&#160;<span></span>
</td>
<td class="nump">458,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">833,333<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="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="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>
</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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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="text">&#160;<span></span>
</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">$ 18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | 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="text">&#160;<span></span>
</td>
<td class="nump">458,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">833,333<span></span>
</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="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ProceedsFromWarrantExercises', window );">Proceeds From Warrant Exercises | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 11,513,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 13,950,000<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>
<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_NumberOfWarrantsOutstanding', window );">Number Of Warrants Outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_PurchasePriceOfOutstandingWarrants', window );">Purchase price of outstanding warrants | $ / 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="text">&#160;<span></span>
</td>
<td class="nump">$ 27<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_PPWarrantsMember', window );">PP Warrants [member] | Top 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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="text">&#160;<span></span>
</td>
<td class="nump">30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_PPWarrantsMember', window );">PP Warrants [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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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="text">&#160;<span></span>
</td>
<td class="nump">$ 18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 0.01<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">130,000<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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromExerciseOfOptions', window );">Proceeds from exercise of options | $</a></td>
<td class="nump">$ 1,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 );">Increase Decrease In Number Of Ordinary Shares Issued Through Exercise Of Warrants Equity | shares</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_NumberOfWarrantsOutstanding', window );">Number Of Warrants Outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">130,000<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_ClassesOfShareCapitalAxis=glbs_PreFundedWarrantsMember', window );">Pre-funded warrants [member] | 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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="nump">$ 0.004<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="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="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 | shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">445,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">950,000<span></span>
</td>
<td class="nump">1,100,000<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="nump">155,000<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_ClassesOfShareCapitalAxis=glbs_DecemberWarrantsMember', window );">December 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">1,270,587<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_DecemberWarrantsMember', window );">December Warrants [member] | 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">1,270,587<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_January2021WarrantsMember', window );">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ProceedsFromExerciseOfOptions', window );">Proceeds from exercise of options | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5,000<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 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 Warrants Outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">1,950,000<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_ClassesOfShareCapitalAxis=glbs_January2021WarrantsMember', window );">January 2021 Warrants [member] | 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / shares</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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | shares</a></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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_February2021WarrantsMember', window );">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ProceedsFromExerciseOfOptions', window );">Proceeds from exercise of 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
<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 Warrants Outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">4,800,000<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_ClassesOfShareCapitalAxis=glbs_February2021WarrantsMember', window );">February 2021 Warrants [member] | 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">$ 0.004<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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">$ 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | 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">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_June2021WarrantsMember', window );">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ProceedsFromExerciseOfOptions', window );">Proceeds from exercise of options | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 11,000<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 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 Warrants Outstanding | 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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>
</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_June2021WarrantsMember', window );">June 2021 Warrants [member] | 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options | $ / 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">$ 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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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 | 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">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>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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_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_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_glbs_PurchasePriceOfOutstandingWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 purchase price of outstanding 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_PurchasePriceOfOutstandingWarrants</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_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_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_DescriptionOfOptionLifeShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 option life of share options granted.</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 47<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_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_DescriptionOfOptionLifeShareOptionsGranted</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:decimalItemType</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_InterestPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 recognised as a liability.</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_InterestPayable</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_NumberOfSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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.</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_NumberOfSharesIssued</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_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_ProceedsFromExerciseOfOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 the exercise of 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/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_ProceedsFromExerciseOfOptions</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_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_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>
</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>
<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_MaximGroupLLCMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MaximGroupLLCMember</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_FortyFiveDayOptionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_FortyFiveDayOptionMember</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_ClassesOfShareCapitalAxis=glbs_CommonSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CommonSharesMember</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=glbs_ClassBPreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ClassBPreferredSharesMember</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_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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=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_srt_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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;">srt_RangeAxis=ifrs-full_TopOfRangeMember</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_srt_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;">srt_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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=glbs_DecemberWarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DecemberWarrantsMember</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_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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=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_ClassesOfShareCapitalAxis=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>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>77
<FILENAME>R63.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180044918568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings/(Loss) per Share (Details) - USD ($)<br> $ / shares in Units, shares in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_EarningsPerShareAbstract', window );"><strong>Earnings per share [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>
</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_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Income/(Loss) attributable to common equity holders</a></td>
<td class="nump">$ 14,950<span></span>
</td>
<td class="num">$ (17,372)<span></span>
</td>
<td class="num">$ (36,351)<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_ifrs-full_WeightedAverageShares', window );">Weighted average number of shares &#8211; basic and diluted</a></td>
<td class="nump">14,809,536<span></span>
</td>
<td class="nump">959,157<span></span>
</td>
<td class="nump">41,622<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_BasicAndDilutedEarningsLossPerShare', window );">Net income/(loss) per common share &#8211; basic and diluted</a></td>
<td class="nump">$ 1.01<span></span>
</td>
<td class="num">$ (18.11)<span></span>
</td>
<td class="num">$ (873.36)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_BasicAndDilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 earnings per share when the basic and diluted measurements are equal.</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_BasicAndDilutedEarningsLossPerShare</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>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_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>78
<FILENAME>R64.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180039512488">
<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>Dec. 31, 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">$ 31,750<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">(447)<span></span>
</td>
<td class="num">(448)<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_ifrs-full_Borrowings', window );">Total Borrowings</a></td>
<td class="nump">31,303<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">135<span></span>
</td>
<td class="nump">305<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_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Total Borrowings - Current Portion</a></td>
<td class="num">(4,865)<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">26,750<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">(312)<span></span>
</td>
<td class="num">(143)<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_ifrs-full_LongtermBorrowings', window );">Total Borrowings - Long-Term Portion</a></td>
<td class="nump">26,438<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 and 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">31,750<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">(447)<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_ifrs-full_Borrowings', window );">Total Borrowings</a></td>
<td class="nump">$ 31,303<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>
<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_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>
</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_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>
</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>79
<FILENAME>R65.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045466312">
<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>Dec. 31, 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">$ 31,750<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_CiTMember', window );">CiT 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">31,750<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_EnTrustMember', window );">EnTrust 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="text">&#160;<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_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | CiT 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=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | EnTrust 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="text">&#160;<span></span>
</td>
<td class="nump">5,970<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_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | CiT 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=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | CiT 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=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | CiT 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=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | CiT 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">$ 11,750<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 years and not later than three years [member] | EnTrust 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="text">&#160;<span></span>
</td>
<td class="nump">31,030<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_LaterThanThreeYearsMember', window );">Later than three years [member] | EnTrust 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="text">&#160;<span></span>
</td>
<td class="nump">$ 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_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_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_BorrowingsByNameAxis=glbs_CiTMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CiTMember</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_EnTrustMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_EnTrustMember</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=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>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</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=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_LaterThanThreeYearsAndNotLaterThanFourYearsMember</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=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_LaterThanFourYearsAndNotLaterThanFiveYearsMember</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=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_LaterThanFiveYearsMember</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_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>
<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=ifrs-full_LaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_LaterThanThreeYearsMember</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>80
<FILENAME>R66.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180037465960">
<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="2">4 Months Ended</th>
<th class="th" colspan="1">5 Months Ended</th>
<th class="th" colspan="3">6 Months Ended</th>
<th class="th" colspan="1">7 Months Ended</th>
<th class="th" colspan="1">11 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</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 08, 2020</div></th>
<th class="th"><div>Apr. 23, 2019</div></th>
<th class="th"><div>May 31, 2021</div></th>
<th class="th"><div>Jun. 25, 2020</div></th>
<th class="th"><div>Jun. 22, 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>Nov. 30, 2018</div></th>
<th class="th"><div>Dec. 31, 2021</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>
<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 );">Debt Instrument Prepayment 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="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">$ 3,040,000<span></span>
</td>
<td class="nump">$ 33,833,000<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_ifrs-full_Borrowings', window );">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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 31,303,000<span></span>
</td>
<td class="nump">36,552,000<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">342,857<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ParValuePerShare', window );">Par value per share</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="nump">$ 0.004<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_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="text">&#160;<span></span>
</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">$ 181,000<span></span>
</td>
<td class="num">(1,647,000)<span></span>
</td>
<td class="nump">1,950,000<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_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from borrowings, classified as financing activities</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="nump">34,250,000<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">43,700,000<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">31,750,000<span></span>
</td>
<td class="nump">$ 37,000,000<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_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Non-current derivative financial 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 92,000<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_WeightedAverageMember', window );">Weighted average [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>
<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>
<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_ifrs-full_BorrowingsInterestRate', window );">Borrowings, 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.69%<span></span>
</td>
<td class="nump">9.44%<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>
<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>
<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_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Line Of Credit Facility Maximum Borrowing 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="text">&#160;<span></span>
</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">$ 15,000,000<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="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_DescriptionOfBorrowingsScope', window );">Description of 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="text">&#160;<span></span>
</td>
<td class="text">for
the purpose of financing its general working capital needs<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</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_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">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<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>
</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_LineOfCreditFacilityDrawndownAmountsMultiples', window );">Line Of Credit Facility Drawndown Amounts Multiples</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="nump">$ 100,000<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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Borrowings, 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">7.00%<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_DebtInstrumentConvertibleConversionMultiplier', window );">Debt Instrument Convertible Conversion Multiplier</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="nump">80.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</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_ifrs-full_Borrowings', window );">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="nump">$ 3,100,000<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>
</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_ifrs-full_InterestPayable', window );">Interest payable</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">$ 70,000<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>
</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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 280<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">11,322<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ParValuePerShare', window );">Par value per share</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">$ 0.004<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>
</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_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="nump">$ 117,000<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">$ 220,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 189,000<span></span>
</td>
<td class="nump">135,000<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_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>
<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] | Minimum [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>
<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>
<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_ProportionOfOwnershipInterestsHeldByControllingParty', window );">Proportion Of Ownership Interests Held By Controlling Party</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="nump">40.00%<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_EnTrustMember', 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>
<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>
<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_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Line Of Credit Facility Maximum Borrowing 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="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>
<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_DescriptionOfBorrowingsScope', window );">Description of 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">for
                                            the purpose of refinancing the existing indebtedness secured on the ships and for general
                                            corporate purposes<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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>
<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_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>
<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>
<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 );">Debt Instrument Prepayment Amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6,000,000<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>
<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 );">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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="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>
<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>
<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_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Line Of Credit Facility Maximum Borrowing Capacity</a></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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">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>
<td class="text">&#160;<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="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>
<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>
<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_ifrs-full_Borrowings', window );">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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,168,000<span></span>
</td>
<td class="nump">$ 1,789,000<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_DebtInstrumentConvertibleConversionPrice', window );">Debt Instrument Convertible Conversion 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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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">$ 100<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_ifrs-full_ParValuePerShare', window );">Par value per share</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>
<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_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="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</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="nump">$ 1,815,000<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_ifrs-full_DebtSecurities', window );">Debt instruments 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>
<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>
<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_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms', window );">Line of Credit Facility, Frequency of Payment and Payment Terms</a></td>
<td class="text">annually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from borrowings, classified as financing activities</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>
<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 );">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>
<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_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>
<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_ifrs-full_NumberOfSharesIssued', window );">Number of shares issued</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>
<td class="nump">11,678<span></span>
</td>
<td class="nump">8,676<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_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="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>
<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_CiTLoanFacilityMember', 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>
<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>
<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_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Line Of Credit Facility Maximum Borrowing 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">$ 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="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_DescriptionOfBorrowingsScope', window );">Description of 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">used
a significant portion of the proceeds to fully repay the amounts outstanding under the loan agreement with EnTrust<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_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">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>
<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_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="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>
<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="nump">5.75%<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>
<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_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">August
2026<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from borrowings, classified as financing activities</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="text">&#160;<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_PercentageOfCoverageOfBorrowingCapacity', window );">Percentage of coverage of borrowing 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">52.50%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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="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>
<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_DebtInstrumentNumberOfRepaymentInstallments', window );">Number of repayment installments</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">20<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_BorrowingsFrequencyOfPeriodicPayment', window );">Borrowings Frequency Of Periodic Payment</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">quarterly<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_BorrowingsPeriodicPayment', window );">Periodic payment</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">$ 1,250,000<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_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid', window );">Borrowings Periodic Payment Terms Balloon Payment To Be Paid</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">$ 9,250,000<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="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_DebtSecuritiesCovenants', window );">Debt Instrument Covenant Description</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">Each
borrower must create a reserve fund in the reserve account to meet the anticipated dry docking and special survey fees and expenses for
the relevant ship owned by it and (for certain ships) the installation of ballast water treatment system on the ship owned by it by maintaining
in the reserve account a minimum credit balance that may not be withdrawn (other than for the purpose of covering the documented and
incurred costs and expenses for the next special survey of that ship). Amounts must be paid into this reserve account quarterly, such
that $1.2 million is set aside by each borrower for its ship&#8217;s special survey, except for Serena Maritime Limited, who is required
to set aside quarterly payments that aggregate to $900.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<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_CiTLoanFacilityMember', window );">CIT Loan Facility [member] | SWAP Agreement [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>
<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>
<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_PercentageOfUpfrontFeeInLoanAgreement', window );">Percentage of upfront fee in loan agreement</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">1.25%<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>
<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_CiTLoanFacilityMember', window );">CIT Loan Facility [member] | SWAP Agreement [member] | Prepayment occurs on or before May 10, 2022 [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>
<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>
<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_PercentageOfUpfrontFeeInLoanAgreement', window );">Percentage of upfront fee in loan agreement</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">2.00%<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>
</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_CiTLoanFacilityMember', window );">CIT Loan Facility [member] | SWAP Agreement [member] | Prepayment occurs on or before May 10, 2023 but after May 10, 2022 [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>
<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>
<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_PercentageOfUpfrontFeeInLoanAgreement', window );">Percentage of upfront fee in loan agreement</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">1.00%<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>
</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_BorrowingsFrequencyOfPeriodicPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 the frequency of periodic payments (monthly, quarterly, annual).</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_BorrowingsFrequencyOfPeriodicPayment</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_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_BorrowingsPeriodicPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 the required periodic payments including both interest and 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>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_BorrowingsPeriodicPayment</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_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 payment greater than the preceding installment payments to be paid at final maturity date of debt.</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_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid</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_DebtInstrumentConvertibleConversionMultiplier">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 multiplier used in order to calculate 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_DebtInstrumentConvertibleConversionMultiplier</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_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_DebtInstrumentNumberOfRepaymentInstallments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 repayment installments of a 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_DebtInstrumentNumberOfRepaymentInstallments</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_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_DebtSecuritiesCovenants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 descripriton of debt instruments' covenants.</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_DebtSecuritiesCovenants</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>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_DescriptionOfBorrowingsScope">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 the terms of a credit facility arrangement.</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_DescriptionOfBorrowingsScope</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_LineOfCreditFacilityDrawndownAmountsMultiples">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 multiples of amounts that the company has the right to drawdown under the relevant credit facility.</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_LineOfCreditFacilityDrawndownAmountsMultiples</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>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_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms</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_LineOfCreditFacilityMaximumBorrowingCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>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.</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_LineOfCreditFacilityMaximumBorrowingCapacity</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_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_PercentageOfCoverageOfBorrowingCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 coverage of borrowing capacity.</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_PercentageOfCoverageOfBorrowingCapacity</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_PercentageOfUpfrontFeeInLoanAgreement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Payable upfront fee percentage of the total commitment of the loan.</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_PercentageOfUpfrontFeeInLoanAgreement</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_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_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_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_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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_BorrowingsInterestRate</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_DebtSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 instruments issued by the entity that represent indebtedness.</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_DebtSecurities</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_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_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_InterestPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 recognised as a liability.</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_InterestPayable</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_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_NumberOfSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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.</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_NumberOfSharesIssued</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_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_RangeAxis=ifrs-full_WeightedAverageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_WeightedAverageMember</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_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>
<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=srt_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=srt_MinimumMember</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_EnTrustMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_EnTrustMember</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>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=glbs_CiTLoanFacilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CiTLoanFacilityMember</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=glbs_SWAPAgreementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=glbs_SWAPAgreementMember</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_CategoriesOfFinancialAssetsAxis=glbs_PrepaymentOnOrBeforeMay2022Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CategoriesOfFinancialAssetsAxis=glbs_PrepaymentOnOrBeforeMay2022Member</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_CategoriesOfFinancialAssetsAxis=glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CategoriesOfFinancialAssetsAxis=glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member</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>81
<FILENAME>R67.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180038671336">
<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">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</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="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_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="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_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Stock issued during the year (value) - Share based compensation</a></td>
<td class="nump">$ 40<span></span>
</td>
<td class="nump">$ 40<span></span>
</td>
<td class="nump">$ 40<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_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="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_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="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_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Stock issued during the year (value) - Share based compensation</a></td>
<td class="nump">$ 40<span></span>
</td>
<td class="nump">$ 40<span></span>
</td>
<td class="nump">$ 40<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_ClassesOfOrdinarySharesAxis=glbs_NumberOfCommonSharesMember', window );">Number of 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>
</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="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_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued', window );">Stock issued during the year (shares) - Share based compensation</a></td>
<td class="nump">12,178<span></span>
</td>
<td class="nump">2,812<span></span>
</td>
<td class="nump">180<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_ClassesOfOrdinarySharesAxis=glbs_NumberOfCommonSharesMember', window );">Number of common shares [member] | Non-Executive Directors [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_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="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_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued', window );">Stock issued during the year (shares) - Share based compensation</a></td>
<td class="nump">12,178<span></span>
</td>
<td class="nump">2,812<span></span>
</td>
<td class="nump">180<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_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>
</tr>
</table></div>
</div></td></tr>
</table>
<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_NumberOfCommonSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_NumberOfCommonSharesMember</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>82
<FILENAME>R68.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042683112">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [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>
</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_ifrs-full_FeeAndCommissionExpense', window );">Commissions</a></td>
<td class="nump">$ 626<span></span>
</td>
<td class="nump">$ 160<span></span>
</td>
<td class="nump">$ 224<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_ifrs-full_FuelExpense', window );">Bunkers expenses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">2,117<span></span>
</td>
<td class="nump">1,634<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_OtherVoyageExpense', window );">Other voyage expenses</a></td>
<td class="nump">502<span></span>
</td>
<td class="nump">213<span></span>
</td>
<td class="nump">240<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServicesExpense', window );">Total</a></td>
<td class="nump">$ 1,128<span></span>
</td>
<td class="nump">$ 2,490<span></span>
</td>
<td class="nump">$ 2,098<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_OtherVoyageExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 voyage expense classified as 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">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_OtherVoyageExpense</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_ExpenseByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ExpenseByNatureAbstract</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_FeeAndCommissionExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 relating to fees and commissions.</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_FeeAndCommissionExpense</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_FuelExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 the consumption of fuel.</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_FuelExpense</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_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>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>83
<FILENAME>R69.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180045440984">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [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>
</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_ifrs-full_WagesAndSalaries', window );">Crew wages and related costs</a></td>
<td class="nump">$ 7,570<span></span>
</td>
<td class="nump">$ 4,865<span></span>
</td>
<td class="nump">$ 4,670<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_ifrs-full_InsuranceExpense', window );">Insurance</a></td>
<td class="nump">1,067<span></span>
</td>
<td class="nump">661<span></span>
</td>
<td class="nump">664<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_ifrs-full_RepairsAndMaintenanceExpense', window );">Spares, repairs and maintenance</a></td>
<td class="nump">2,414<span></span>
</td>
<td class="nump">1,574<span></span>
</td>
<td class="nump">1,884<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_ifrs-full_RawMaterialsAndConsumablesUsed', window );">Lubricants</a></td>
<td class="nump">555<span></span>
</td>
<td class="nump">434<span></span>
</td>
<td class="nump">517<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_StoresExpense', window );">Stores</a></td>
<td class="nump">1,712<span></span>
</td>
<td class="nump">787<span></span>
</td>
<td class="nump">820<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_ifrs-full_MiscellaneousOtherOperatingExpense', window );">Other</a></td>
<td class="nump">490<span></span>
</td>
<td class="nump">260<span></span>
</td>
<td class="nump">327<span></span>
</td>
</tr>
<tr class="rou">
<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 );">Total</a></td>
<td class="nump">$ 13,808<span></span>
</td>
<td class="nump">$ 8,581<span></span>
</td>
<td class="nump">$ 8,882<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<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_glbs_StoresExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 stores expense.</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_StoresExpense</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_ExpenseByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ExpenseByNatureAbstract</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_InsuranceExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 purchased insurance.</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_InsuranceExpense</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_MiscellaneousOtherOperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 miscellaneous other operating expenses. [Refer: Other operating income (expense)]</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_MiscellaneousOtherOperatingExpense</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_RawMaterialsAndConsumablesUsed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 raw materials and consumables used in the production process or in the rendering of services. [Refer: Current raw materials]</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 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 2: 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_RawMaterialsAndConsumablesUsed</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_RepairsAndMaintenanceExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 incurred for the day-to-day servicing of assets, which may include the cost of labour, consumables or small parts.</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_RepairsAndMaintenanceExpense</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_WagesAndSalaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 class of employee benefits expense that represents wages and salaries. [Refer: Employee benefits expense]</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 19<br> -IssueDate 2021-01-01<br> -Paragraph 9<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_9&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_WagesAndSalaries</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>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>84
<FILENAME>R70.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180031682872">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Administrative Expenses (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_SellingGeneralAndAdministrativeExpenseAbstract', window );"><strong>Selling, general and administrative expense [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>
</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_PersonnelExpense', window );">Personnel expenses</a></td>
<td class="nump">$ 1,455<span></span>
</td>
<td class="nump">$ 1,013<span></span>
</td>
<td class="nump">$ 1,006<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_ifrs-full_AuditorsRemuneration', window );">Audit fees</a></td>
<td class="nump">215<span></span>
</td>
<td class="nump">143<span></span>
</td>
<td class="nump">98<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_ConsultingFeesExpense', window );">Consulting fees</a></td>
<td class="nump">329<span></span>
</td>
<td class="nump">243<span></span>
</td>
<td class="nump">191<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_ifrs-full_CommunicationExpense', window );">Communication</a></td>
<td class="nump">16<span></span>
</td>
<td class="nump">12<span></span>
</td>
<td class="nump">7<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_StationeryExpense', window );">Stationery</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="nump">2<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_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense', window );">Greek tax authorities (note 19)</a></td>
<td class="nump">185<span></span>
</td>
<td class="nump">130<span></span>
</td>
<td class="nump">116<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_ifrs-full_OtherExpenseByNature', window );">Other</a></td>
<td class="nump">404<span></span>
</td>
<td class="nump">347<span></span>
</td>
<td class="nump">163<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdministrativeExpense', window );">Total</a></td>
<td class="nump">$ 2,610<span></span>
</td>
<td class="nump">$ 1,891<span></span>
</td>
<td class="nump">$ 1,583<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_ConsultingFeesExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 fees paid or payable for consulting fees.</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_ConsultingFeesExpense</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_PersonnelExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 administrative personnel.</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_PersonnelExpense</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_StationeryExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 for writing and other office materials.</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_StationeryExpense</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_AuditorsRemuneration">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 fees paid or payable to the entity's auditors.</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_AuditorsRemuneration</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_CommunicationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 communication.</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_CommunicationExpense</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_OtherExpenseByNature">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 does not separately disclose in the same statement or note when the entity uses the 'nature of expense' form for its analysis of expenses. [Refer: Expenses, by nature]</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 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 2: 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_OtherExpenseByNature</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_SellingGeneralAndAdministrativeExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_SellingGeneralAndAdministrativeExpenseAbstract</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_TaxExpenseOtherThanIncomeTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 tax expense exclusive of income tax expense.</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_TaxExpenseOtherThanIncomeTaxExpense</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>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>85
<FILENAME>R71.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040042904">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Interest Expense and Finance Costs (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_InterestCostsAbstract', window );"><strong>Interest costs [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>
</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_ifrs-full_InterestExpense', window );">Interest payable on long-term borrowings</a></td>
<td class="nump">$ 1,958<span></span>
</td>
<td class="nump">$ 3,721<span></span>
</td>
<td class="nump">$ 3,603<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_ifrs-full_BankAndSimilarCharges', window );">Bank charges</a></td>
<td class="nump">59<span></span>
</td>
<td class="nump">69<span></span>
</td>
<td class="nump">28<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_AmortizationOfDebtDiscount', window );">Amortization of debt discount</a></td>
<td class="nump">547<span></span>
</td>
<td class="nump">293<span></span>
</td>
<td class="nump">383<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_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Operating lease liability interest</a></td>
<td class="nump">52<span></span>
</td>
<td class="nump">44<span></span>
</td>
<td class="nump">51<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_ifrs-full_OtherFinanceCost', window );">Other finance expenses</a></td>
<td class="nump">646<span></span>
</td>
<td class="nump">28<span></span>
</td>
<td class="nump">638<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Total</a></td>
<td class="nump">$ 3,262<span></span>
</td>
<td class="nump">$ 4,155<span></span>
</td>
<td class="nump">$ 4,703<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_AmortizationOfDebtDiscount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 noncash expense included in finance costs to amortize debt discount associated with the related debt 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_AmortizationOfDebtDiscount</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_BankAndSimilarCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 bank and similar charges recognised by the entity as an expense.</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_BankAndSimilarCharges</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_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_InterestCostsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_InterestCostsAbstract</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_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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 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_23_d&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 f<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_f&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_InterestExpense</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_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_OtherFinanceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance 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 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_OtherFinanceCost</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>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>86
<FILENAME>R72.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180043382312">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Interest Expense and Finance Costs (Details Narrative) - USD ($)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherFinanceCost', window );">Other finance cost</a></td>
<td class="nump">$ 646,000<span></span>
</td>
<td class="nump">$ 28,000<span></span>
</td>
<td class="nump">$ 638,000<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_EnTrustMember', 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>
</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_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherFinanceCost', window );">Other finance cost</a></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_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_IfrsStatementLineItems</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_OtherFinanceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance 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 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_OtherFinanceCost</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_BorrowingsByNameAxis=glbs_EnTrustMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_EnTrustMember</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>87
<FILENAME>R73.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040255848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Dividends (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2019 </div>
<div>USD ($)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousLiabilitiesAbstract', window );"><strong>Miscellaneous liabilities [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities', window );">Dividends paid, classified as financing activities</a></td>
<td class="nump">$ 0<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_DividendsPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 dividends paid by the entity, 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_DividendsPaidClassifiedAsFinancingActivities</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_MiscellaneousLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MiscellaneousLiabilitiesAbstract</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>88
<FILENAME>R74.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042664680">
<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>Dec. 31, 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_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [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_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived', window );">Total</a></td>
<td class="nump">$ 6,082<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_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [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_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived', window );">Total</a></td>
<td class="nump">$ 6,082<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_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems</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_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>89
<FILENAME>R75.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180039005384">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments (Details Narrative)<br></strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>EUR (&#8364;)</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>
<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_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation, right-of-use assets</a></td>
<td class="nump">$ 206,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 112,000<span></span>
</td>
<td class="nump">$ 112,000<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_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Interest expense on lease liabilities</a></td>
<td class="nump">52,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">44,000<span></span>
</td>
<td class="nump">51,000<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_ifrs-full_CurrentLeaseLiabilities', window );">Current lease liabilities</a></td>
<td class="nump">349,000<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>
<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_ifrs-full_NoncurrentLeaseLiabilities', window );">Non-current lease liabilities</a></td>
<td class="nump">556,000<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>
<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_ifrs-full_RightofuseAssets', window );">Right-of-use assets</a></td>
<td class="nump">888,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">450,000<span></span>
</td>
<td class="nump">562,000<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_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities', window );">Payment of lease liability - principal and Interest Paid</a></td>
<td class="nump">$ 314,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 229,000<span></span>
</td>
<td class="nump">$ 47,000<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_CounterpartiesAxis=glbs_CyberonicaSAMember', window );">Cyberonica 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_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>
<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_MonthlyRentalExpense', window );">Monthly Rental Expense</a></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>
<td class="nump">$ 11,900<span></span>
</td>
<td class="nump">&#8364; 10,360<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_LeaseExpirationDate', window );">Lease expiration date</a></td>
<td class="text">Aug.  04,  2024<span></span>
</td>
<td class="text">Aug.  04,  2024<span></span>
</td>
<td class="text">&#160;<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_LeaseExpirationDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Date which lease or group of leases is set to expire, in YYYY-MM format.</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_LeaseExpirationDate</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:dateItemType</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_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_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 combination for payment of lease liabilities and 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>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_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities</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_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_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>
</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_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_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_CounterpartiesAxis=glbs_CyberonicaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CounterpartiesAxis=glbs_CyberonicaSAMember</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>90
<FILENAME>R76.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180044928584">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Tax (Details Narrative) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_MajorComponentsOfTaxExpenseIncomeAbstract', window );"><strong>Major components of tax expense (income) [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>
</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_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense', window );">Tax expense other than income tax expense</a></td>
<td class="nump">$ 185<span></span>
</td>
<td class="nump">$ 130<span></span>
</td>
<td class="nump">$ 116<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_MajorComponentsOfTaxExpenseIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MajorComponentsOfTaxExpenseIncomeAbstract</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_TaxExpenseOtherThanIncomeTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 tax expense exclusive of income tax expense.</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_TaxExpenseOtherThanIncomeTaxExpense</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>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>91
<FILENAME>R77.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180042739496">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management objectives and policies - Interest rate risk (Details)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</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_DisclosureOfFinancialInstrumentsAbstract', window );"><strong>Disclosure of detailed information about financial instruments [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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IncreaseInInterestRates', window );">Increase in Libor</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">15<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_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit', window );">Effect on loss (Increase in Libor)</a></td>
<td class="num">$ (52)<span></span>
</td>
<td class="num">$ (57)<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_DecreaseInInterestRates', window );">Decrease in Libor</a></td>
<td class="num">(20)<span></span>
</td>
<td class="num">(20)<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_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit', window );">Effect on loss (Decrease in Libor)</a></td>
<td class="nump">$ 69<span></span>
</td>
<td class="nump">$ 75<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DecreaseInInterestRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Decrease in market interest rates expressed in basis points. One basis point is equivalent to one hundredth of a percent.</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_DecreaseInInterestRates</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_IncreaseInInterestRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Increase in market interest rates expressed in basis points. One basis point is equivalent to one hundredth of a percent.</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_IncreaseInInterestRates</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_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit</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_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit</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_DisclosureOfFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFinancialInstrumentsAbstract</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>92
<FILENAME>R78.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180031605576">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management objectives and policies - Foreign currency risk (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [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_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit', window );">Effect on loss (Increase in Euro exchange rate)</a></td>
<td class="num">$ (52)<span></span>
</td>
<td class="num">$ (57)<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_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit', window );">Effect on loss (Decrease in Euro exchange rate)</a></td>
<td class="nump">$ 69<span></span>
</td>
<td class="nump">$ 75<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_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Currency risk [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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [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_IncreaseInExchangeRates', window );">Increase in Euro exchange rate</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<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_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit', window );">Effect on loss (Increase in Euro exchange rate)</a></td>
<td class="num">$ (478)<span></span>
</td>
<td class="num">$ (258)<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_DecreaseInExchangeRates', window );">Decrease in Euro exchange rate</a></td>
<td class="num">(10.00%)<span></span>
</td>
<td class="num">(10.00%)<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_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit', window );">Effect on loss (Decrease in Euro exchange rate)</a></td>
<td class="nump">$ 478<span></span>
</td>
<td class="nump">$ 258<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DecreaseInExchangeRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Decrease in market exchange rates expressed as a percentage.</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_DecreaseInExchangeRates</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_IncreaseInExchangeRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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>Increase in market exchange rates expressed as a percentage.</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_IncreaseInExchangeRates</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_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit</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_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 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.</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_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit</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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems</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_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</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>93
<FILENAME>R79.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180037281640">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management objectives and policies - Concentration of credit risk table (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</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_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [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_ifrs-full_RevenueFromRenderingOfServices', window );">Revenue</a></td>
<td class="nump">$ 43,211<span></span>
</td>
<td class="nump">$ 11,753<span></span>
</td>
<td class="nump">$ 15,623<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_ifrs-full_PercentageOfEntitysRevenue', window );">Percentage of entity's revenue</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<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_CounterpartiesAxis=glbs_MajorChartererMember', window );">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>
</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_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [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_ifrs-full_RevenueFromRenderingOfServices', window );">Revenue</a></td>
<td class="nump">$ 7,726<span></span>
</td>
<td class="nump">$ 0<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_ifrs-full_PercentageOfEntitysRevenue', window );">Percentage of entity's revenue</a></td>
<td class="nump">18.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<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_CounterpartiesAxis=glbs_MajorChartererBMember', window );">B [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_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [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_ifrs-full_RevenueFromRenderingOfServices', window );">Revenue</a></td>
<td class="nump">$ 4,571<span></span>
</td>
<td class="nump">$ 0<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_ifrs-full_PercentageOfEntitysRevenue', window );">Percentage of entity's revenue</a></td>
<td class="nump">11.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<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_CounterpartiesAxis=glbs_MajorChartererCMember', window );">C [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_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [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_ifrs-full_RevenueFromRenderingOfServices', window );">Revenue</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 751<span></span>
</td>
<td class="nump">$ 3,476<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_ifrs-full_PercentageOfEntitysRevenue', window );">Percentage of entity's revenue</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">22.00%<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_CounterpartiesAxis=glbs_OtherMajorCharterersMember', window );">Other [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_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [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_ifrs-full_RevenueFromRenderingOfServices', window );">Revenue</a></td>
<td class="nump">$ 30,914<span></span>
</td>
<td class="nump">$ 11,002<span></span>
</td>
<td class="nump">$ 12,147<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_ifrs-full_PercentageOfEntitysRevenue', window );">Percentage of entity's revenue</a></td>
<td class="nump">71.00%<span></span>
</td>
<td class="nump">94.00%<span></span>
</td>
<td class="nump">78.00%<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_DisclosureOfCreditRiskExposureLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfCreditRiskExposureLineItems</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_PercentageOfEntitysRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 entity's revenue. [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 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></p></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_PercentageOfEntitysRevenue</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>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_CounterpartiesAxis=glbs_MajorChartererMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CounterpartiesAxis=glbs_MajorChartererMember</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_CounterpartiesAxis=glbs_MajorChartererBMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CounterpartiesAxis=glbs_MajorChartererBMember</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_CounterpartiesAxis=glbs_MajorChartererCMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CounterpartiesAxis=glbs_MajorChartererCMember</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_CounterpartiesAxis=glbs_OtherMajorCharterersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_CounterpartiesAxis=glbs_OtherMajorCharterersMember</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>94
<FILENAME>R80.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180038309416">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Financial risk management objectives and policies - Liquidity risk (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 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_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [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_ifrs-full_NoncurrentFinancialLiabilities', window );">Long-term debt</a></td>
<td class="nump">$ 35,505<span></span>
</td>
<td class="nump">$ 41,416<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_ifrs-full_LeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">952<span></span>
</td>
<td class="nump">638<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_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Accrued liabilities and other payables</a></td>
<td class="nump">3,676<span></span>
</td>
<td class="nump">2,159<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_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade accounts payables</a></td>
<td class="nump">1,100<span></span>
</td>
<td class="nump">4,758<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_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Current portion of fair value of derivative financial instruments</a></td>
<td class="nump">92<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">41,325<span></span>
</td>
<td class="nump">48,971<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_LessThanThreeMonthsMember', window );">Less than 3 months [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_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [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_ifrs-full_NoncurrentFinancialLiabilities', window );">Long-term debt</a></td>
<td class="nump">1,566<span></span>
</td>
<td class="nump">2,302<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_ifrs-full_LeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">92<span></span>
</td>
<td class="nump">106<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_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Accrued liabilities and other payables</a></td>
<td class="nump">3,676<span></span>
</td>
<td class="nump">2,159<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_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade accounts payables</a></td>
<td class="nump">1,100<span></span>
</td>
<td class="nump">4,758<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_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Current portion of fair value of derivative financial instruments</a></td>
<td class="nump">23<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">6,457<span></span>
</td>
<td class="nump">9,325<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_ThreeToTwelveMonthsMember', window );">3 to 12 months [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_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [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_ifrs-full_NoncurrentFinancialLiabilities', window );">Long-term debt</a></td>
<td class="nump">4,614<span></span>
</td>
<td class="nump">6,752<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_ifrs-full_LeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">275<span></span>
</td>
<td class="nump">106<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_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Accrued liabilities and other payables</a></td>
<td class="nump">0<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_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade accounts payables</a></td>
<td class="nump">0<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_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Current portion of fair value of derivative financial instruments</a></td>
<td class="nump">69<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">4,958<span></span>
</td>
<td class="nump">6,858<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_OneToFiveYearsMember', window );">1 to 5 years [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_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [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_ifrs-full_NoncurrentFinancialLiabilities', window );">Long-term debt</a></td>
<td class="nump">29,325<span></span>
</td>
<td class="nump">32,362<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_ifrs-full_LeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">585<span></span>
</td>
<td class="nump">426<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_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Accrued liabilities and other payables</a></td>
<td class="nump">0<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_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade accounts payables</a></td>
<td class="nump">0<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_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Current portion of fair value of derivative financial instruments</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">29,910<span></span>
</td>
<td class="nump">32,788<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_MoreThanFiveYearsMember', window );">More than 5 years [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_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [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_ifrs-full_NoncurrentFinancialLiabilities', window );">Long-term debt</a></td>
<td class="nump">0<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_ifrs-full_LeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">0<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_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Accrued liabilities and other payables</a></td>
<td class="nump">0<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_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade accounts payables</a></td>
<td class="nump">0<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_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Current portion of fair value of derivative financial instruments</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<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_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_DisclosureOfFinancialLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_DisclosureOfFinancialLiabilitiesLineItems</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_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_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_NoncurrentFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 financial liabilities. [Refer: 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_NoncurrentFinancialLiabilities</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_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_MaturityAxis=glbs_LessThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_LessThanThreeMonthsMember</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_ThreeToTwelveMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_ThreeToTwelveMonthsMember</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_OneToFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_OneToFiveYearsMember</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_MoreThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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_MoreThanFiveYearsMember</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>95
<FILENAME>R81.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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140180040326200">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Fair values measurement (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 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 custom" 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">$ 417<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_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Non-current derivative financial liabilities</a></td>
<td class="nump">92<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 );">Long -term borrowings</a></td>
<td class="nump">31,750<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_ifrs-full_FinancialLiabilities', window );">Financial liabilities</a></td>
<td class="nump">41,325<span></span>
</td>
<td class="nump">48,971<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=glbs_FinancialLiabilitiesAtFairValueIIMember', window );">Financial liabilities measured 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 custom" 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">92<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_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, at fair value</a></td>
<td class="nump">92<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 measured 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 custom" 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">92<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 not measured 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">32,155<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] | Level 2 [member] | Financial liabilities measured 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 custom" 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">92<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] | Level 2 [member] | Financial liabilities not measured 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">32,155<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=glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember', window );">Financial liabilities not measured 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 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">31,750<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_ifrs-full_FinancialLiabilities', window );">Financial liabilities</a></td>
<td class="nump">31,750<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_ClassesOfFinancialAssetsAxis=glbs_FinancialAssetsAtFairValueIMember', window );">Financial assets measured 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 custom" 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">417<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_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, at fair value</a></td>
<td class="nump">417<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_ClassesOfFinancialAssetsAxis=glbs_FinancialAssetsAtFairValueIMember', window );">Financial assets measured at fair value [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 custom" 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">417<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_ClassesOfFinancialAssetsAxis=glbs_FinancialAssetsAtFairValueIMember', window );">Financial assets measured at fair value [member] | At fair value [member] | Level 2 [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_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Non-current derivative financial assets</a></td>
<td class="nump">$ 417<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_FinancialAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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 assets. [Refer: At fair value [member]; 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/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_FinancialAssetsAtFairValue</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_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=glbs_FinancialLiabilitiesAtFairValueIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=glbs_FinancialLiabilitiesAtFairValueIIMember</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_ClassesOfFinancialLiabilitiesAxis=glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember</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=glbs_LevelIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=glbs_LevelIIMember</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=glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember</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=glbs_FinancialAssetsAtFairValueIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.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=glbs_FinancialAssetsAtFairValueIMember</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>96
<FILENAME>glbs-20211231_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2021q4"
  xmlns:glbs="http://globusmaritime.gr/20211231"
  xmlns:ifrs-full="http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:srt="http://fasb.org/srt/2021-01-31"
  xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
    <link:schemaRef xlink:href="glbs-20211231.xsd" xlink:type="simple"/>
    <context id="From2021-01-01to2021-12-31">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_dei_BusinessContactMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:EntityAddressesAddressTypeAxis">dei:BusinessContactMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-31">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_ifrs-full_IssuedCapitalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_ifrs-full_SharePremiumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_custom_AccumulatedDeficitMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_custom_TotalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_ifrs-full_SharePremiumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_AccumulatedDeficitMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_TotalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2019-12-31_ifrs-full_IssuedCapitalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_ifrs-full_SharePremiumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_AccumulatedDeficitMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_TotalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_ifrs-full_SharePremiumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_AccumulatedDeficitMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_TotalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_IssuedCapitalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_SharePremiumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_AccumulatedDeficitMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_TotalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_ifrs-full_SharePremiumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_AccumulatedDeficitMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_TotalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_IssuedCapitalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_SharePremiumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_AccumulatedDeficitMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:AccumulatedDeficitMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_TotalMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">glbs:TotalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:GlobusShipmanagementCorpMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DevoceanMaritimeLtdMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DominaMaritimeLtdMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_DulacMaritimeSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DulacMaritimeSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:ArtfulShipholdingSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:LongevityMaritimeLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:SerenaMaritimeLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:TalismanMaritimeLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:ArgoMaritimeLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:CalypsoShipholdingSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:DaxosMaritimeLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:OlympiaShipholdingSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:ParalusShipholdingSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">glbs:SalaminiaMaritimeLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_DeferredDryDockingCostsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DeferredDryDockingCostsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_VesselsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_VesselsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_VesselsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_CiTMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">glbs:Office350SquareMetersMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-01-01</instant>
        </period>
    </context>
    <context id="AsOf2019-01-01_custom_CyberonicaSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-01-01</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2016-01-012016-12-31_custom_CyberonicaSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2016-01-01</startDate>
            <endDate>2016-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_CyberonicaSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_CyberonicaSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_CyberonicaSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office350SquareMetersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">glbs:Office350SquareMetersMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-08-05</instant>
        </period>
    </context>
    <context id="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office552SquareMetersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">glbs:Office552SquareMetersMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:CyberonicaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-08-05</instant>
        </period>
    </context>
    <context id="From2016-01-012016-08-18_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2016-01-01</startDate>
            <endDate>2016-08-18</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-03</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-03</instant>
        </period>
    </context>
    <context id="From2021-01-012021-02-28_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-02-28</endDate>
        </period>
    </context>
    <context id="AsOf2022-01-31_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-01-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-06-12</endDate>
        </period>
    </context>
    <context id="AsOf2020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-06-12</instant>
        </period>
    </context>
    <context id="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-07-27</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-03-02</endDate>
        </period>
    </context>
    <context id="AsOf2021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-03-02</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_ChairmanOfTheBoardOfDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ChairmanOfTheBoardOfDirectorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_ChairmanOfTheBoardOfDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ChairmanOfTheBoardOfDirectorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2018-11-30_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-11-30</instant>
        </period>
    </context>
    <context id="From2018-01-012018-11-30_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2018-01-01</startDate>
            <endDate>2018-11-30</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-04-23_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-04-23</instant>
        </period>
    </context>
    <context id="From2019-01-012019-04-23_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-04-23</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:AmendedAndRestatedAgreementMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-05-08</instant>
        </period>
    </context>
    <context id="From2020-01-012020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:AmendedAndRestatedAgreementMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-05-08</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:AmendedAndRestatedAgreementMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-07-27_custom_FirmentShippingIncMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-07-27</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_FirmentShippingIncMember_srt_MinimumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:FirmentShippingIncMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">srt:MinimumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-07-15_custom_EolosShipmanagementMember_custom_DailyRateMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CapitalRequirementsAxis">glbs:DailyRateMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:EolosShipmanagementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-07-15</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_ExecutiveDirectorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_ExecutiveDirectorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_ExecutiveDirectorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_ExecutiveDirectorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_ExecutiveDirectorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:ExecutiveDirectorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_custom_CarryingAmountIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_CarryingAmountIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_CarryingAmountIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_CarryingAmountIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_CarryingAmountIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_CarryingAmountIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:VesselsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryDockingMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_CarryingAmountIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">glbs:CarryingAmountIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-10-29_custom_GalaxyGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:GalaxyGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-10-29</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_DryBulkCarriersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:DryBulkCarriersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-02-18_custom_NordVenusMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:NordVenusMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-02-18</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-03-19_custom_Yangze11Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:Yangze11Member</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-03-19</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-09-22_custom_PeakLibertyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:PeakLibertyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-09-22</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_SupramaxMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:SupramaxMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_PanamaxMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:PanamaxMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_SupramaxMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:SupramaxMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_PanamaxMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:PanamaxMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MVRiverGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVRiverGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MVRiverGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVRiverGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MVSkyGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSkyGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MVSkyGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSkyGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MVStarGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVStarGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MVStarGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVStarGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MVSunGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSunGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MVSunGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVSunGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MVMoonGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVMoonGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MVMoonGlobeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">glbs:MVMoonGlobeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_ClassBCommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_ClassBCommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_ClassBCommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_PreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_PreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_PreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_ifrs-full_OrdinarySharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="AsOf2018-12-31_ifrs-full_IssuedCapitalMember433753031">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_ifrs-full_OrdinarySharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2019-12-31_ifrs-full_OrdinarySharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_ifrs-full_IssuedCapitalMember433753187">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember433753250">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_OrdinarySharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_IssuedCapitalMember433753296">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember433753328">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_OrdinarySharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:OrdinarySharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_IssuedCapitalMember433753390">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-06-12</endDate>
        </period>
    </context>
    <context id="AsOf2020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-06-12</instant>
        </period>
    </context>
    <context id="From2020-01-012020-07-27_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-07-27</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-03-02</endDate>
        </period>
    </context>
    <context id="AsOf2021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:AffiliatedCompanyOfCompanysCEOMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassBPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-03-02</instant>
        </period>
    </context>
    <context id="AsOf2019-12-31_custom_ConvertibleNoteMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_ConvertibleNoteMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-06-22">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-06-22</endDate>
        </period>
    </context>
    <context id="AsOf2020-06-22">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
        </entity>
        <period>
            <instant>2020-06-22</instant>
        </period>
    </context>
    <context id="From2020-01-012020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:FortyFiveDayOptionMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-06-22</endDate>
        </period>
    </context>
    <context id="AsOf2020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:FortyFiveDayOptionMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-06-22</instant>
        </period>
    </context>
    <context id="From2020-01-012020-06-22_custom_MaximGroupLLCMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-06-22</endDate>
        </period>
    </context>
    <context id="AsOf2020-06-22_custom_MaximGroupLLCMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:MaximGroupLLCMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-06-22</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_ClassAWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_ClassAWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_ClassAWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_ClassAWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:ClassAWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-06-30_custom_PPWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-06-30</endDate>
        </period>
    </context>
    <context id="AsOf2020-06-30_custom_PPWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-06-30</instant>
        </period>
    </context>
    <context id="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_TopOfRangeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-06-30</instant>
        </period>
    </context>
    <context id="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_BottomOfRangeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-06-30</instant>
        </period>
    </context>
    <context id="From2020-01-012020-07-21_custom_PPWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-07-21</endDate>
        </period>
    </context>
    <context id="AsOf2020-07-21_custom_PPWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-07-21</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_PPWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PPWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-09_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-09</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-09_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-09</instant>
        </period>
    </context>
    <context id="AsOf2020-12-10_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-10</instant>
        </period>
    </context>
    <context id="AsOf2020-12-10_custom_InstitutionalInvestorsMember_custom_DecemberWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:DecemberWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-10</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-10_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-10</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_PreFundedWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_PreFundedWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_PreFundedWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-01-13_custom_PreFundedWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-01-13</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_DecemberWarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:DecemberWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-01-29</endDate>
        </period>
    </context>
    <context id="AsOf2021-01-29_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-01-29</instant>
        </period>
    </context>
    <context id="AsOf2021-01-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-01-29</instant>
        </period>
    </context>
    <context id="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:January2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-01-29</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_January2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:January2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-01-31_custom_January2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:January2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-01-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-02-17</endDate>
        </period>
    </context>
    <context id="AsOf2021-02-17_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-02-17</instant>
        </period>
    </context>
    <context id="AsOf2021-02-17_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-02-17</instant>
        </period>
    </context>
    <context id="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:February2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-02-17</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_February2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:February2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-02-28_custom_February2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:February2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-02-28</instant>
        </period>
    </context>
    <context id="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-03-01</startDate>
            <endDate>2021-06-29</endDate>
        </period>
    </context>
    <context id="AsOf2021-06-29_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-06-29</instant>
        </period>
    </context>
    <context id="AsOf2021-06-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:PreFundedWarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-06-29</instant>
        </period>
    </context>
    <context id="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:InstitutionalInvestorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:June2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-06-29</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_June2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:June2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-06-30_custom_June2021WarrantsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">glbs:June2021WarrantsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-06-30</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2019-06-30_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-06-30</instant>
        </period>
    </context>
    <context id="From2019-01-012019-06-30_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-06-30</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-03-31_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-03-31</endDate>
        </period>
    </context>
    <context id="AsOf2019-03-13_custom_ConvertibleNoteMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-03-13</instant>
        </period>
    </context>
    <context id="From2019-01-012019-03-13_custom_ConvertibleNoteMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-03-13</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_ConvertibleNoteMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_ConvertibleNoteMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-06-25_custom_ConvertibleNoteMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:ConvertibleNoteMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-06-25</endDate>
        </period>
    </context>
    <context id="AsOf2021-05-31_custom_CiTLoanFacilityMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-05-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-05-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:SWAPAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-05-31</instant>
        </period>
    </context>
    <context id="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2022Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">glbs:PrepaymentOnOrBeforeMay2022Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:SWAPAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-05-31</instant>
        </period>
    </context>
    <context id="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTLoanFacilityMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">glbs:PrepaymentOnOrBeforeMay2023ButAfterMay2022Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:SWAPAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-05-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CiTMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_CiTMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_CiTMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_CiTMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_LaterThanFiveYearsMember_custom_CiTMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_CiTMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:CiTMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_LaterThanTwoYearAndNotLaterThanThreeYearsMember_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:LaterThanTwoYearAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsMember_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_WeightedAverageMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:WeightedAverageMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_WeightedAverageMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:WeightedAverageMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">glbs:NonExecutiveDirectorsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfOrdinarySharesAxis">glbs:NumberOfCommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_EnTrustMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">glbs:EnTrustMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_MajorChartererMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MajorChartererMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MajorChartererMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_MajorChartererBMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererBMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MajorChartererBMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererBMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MajorChartererBMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererBMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_MajorChartererCMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererCMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_MajorChartererCMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererCMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_MajorChartererCMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:MajorChartererCMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="From2021-01-012021-12-31_custom_OtherMajorCharterersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:OtherMajorCharterersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="From2020-01-012020-12-31_custom_OtherMajorCharterersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:OtherMajorCharterersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="From2019-01-012019-12-31_custom_OtherMajorCharterersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CounterpartiesAxis">glbs:OtherMajorCharterersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_LessThanThreeMonthsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:LessThanThreeMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:ThreeToTwelveMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_OneToFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:OneToFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_MoreThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:MoreThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_LessThanThreeMonthsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:LessThanThreeMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:ThreeToTwelveMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_OneToFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:OneToFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_MoreThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">glbs:MoreThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_FinancialAssetsAtFairValueIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:FinancialAssetsAtFairValueIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember_custom_LevelIIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:FinancialAssetsAtFairValueIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">glbs:FinancialAssetsAtFairValueIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_FinancialLiabilitiesAtFairValueIIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:FinancialLiabilitiesAtFairValueIIMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember_custom_LevelIIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:FinancialLiabilitiesAtFairValueIIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:FinancialLiabilitiesAtFairValueIIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">glbs:LevelIIMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001499780</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">glbs:NotMeasuredAtFairValueFinancialLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MeasurementAxis">ifrs-full:AtFairValueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <unit id="Pure">
        <measure>pure</measure>
    </unit>
    <unit id="Euro">
        <measure>iso4217:EUR</measure>
    </unit>
    <dei:EntityCentralIndexKey contextRef="From2021-01-01to2021-12-31">0001499780</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="From2021-01-01to2021-12-31">false</dei:AmendmentFlag>
    <dei:DocumentFiscalPeriodFocus contextRef="From2021-01-01to2021-12-31">FY</dei:DocumentFiscalPeriodFocus>
    <glbs:VesselDeliveryDate
      contextRef="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember"
      id="xdx2ixbrl0566"
      xsi:nil="true"/>
    <glbs:VesselDeliveryDate
      contextRef="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember"
      id="xdx2ixbrl0593"
      xsi:nil="true"/>
    <ifrs-full:NameOfSubsidiary
      contextRef="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember"
      id="xdx2ixbrl0594"
      xsi:nil="true"/>
    <glbs:VesselDeliveryDate
      contextRef="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember"
      id="xdx2ixbrl0596"
      xsi:nil="true"/>
    <ifrs-full:NameOfSubsidiary
      contextRef="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember"
      id="xdx2ixbrl0597"
      xsi:nil="true"/>
    <glbs:VesselDeliveryDate
      contextRef="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember"
      id="xdx2ixbrl0599"
      xsi:nil="true"/>
    <ifrs-full:NameOfSubsidiary
      contextRef="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember"
      id="xdx2ixbrl0600"
      xsi:nil="true"/>
    <glbs:VesselDeliveryDate
      contextRef="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember"
      id="xdx2ixbrl0602"
      xsi:nil="true"/>
    <ifrs-full:NameOfSubsidiary
      contextRef="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember"
      id="xdx2ixbrl0603"
      xsi:nil="true"/>
    <dei:CurrentFiscalYearEndDate contextRef="From2021-01-01to2021-12-31">--12-31</dei:CurrentFiscalYearEndDate>
    <dei:DocumentType contextRef="From2021-01-01to2021-12-31">20-F</dei:DocumentType>
    <dei:DocumentRegistrationStatement contextRef="From2021-01-01to2021-12-31">false</dei:DocumentRegistrationStatement>
    <dei:DocumentAnnualReport contextRef="From2021-01-01to2021-12-31">true</dei:DocumentAnnualReport>
    <dei:DocumentPeriodEndDate contextRef="From2021-01-01to2021-12-31">2021-12-31</dei:DocumentPeriodEndDate>
    <dei:DocumentFiscalYearFocus contextRef="From2021-01-01to2021-12-31">2021</dei:DocumentFiscalYearFocus>
    <dei:DocumentTransitionReport contextRef="From2021-01-01to2021-12-31">false</dei:DocumentTransitionReport>
    <dei:DocumentShellCompanyReport contextRef="From2021-01-01to2021-12-31">false</dei:DocumentShellCompanyReport>
    <dei:EntityFileNumber contextRef="From2021-01-01to2021-12-31">001-34985</dei:EntityFileNumber>
    <dei:EntityRegistrantName contextRef="From2021-01-01to2021-12-31">Globus Maritime Limited</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2021-01-01to2021-12-31">1T</dei:EntityIncorporationStateCountryCode>
    <dei:EntityAddressAddressLine1 contextRef="From2021-01-01to2021-12-31">128 Vouliagmenis Ave., 3rd Floor</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine1 contextRef="From2021-01-012021-12-31_dei_BusinessContactMember">128 Vouliagmenis Ave., 3rd Floor</dei:EntityAddressAddressLine1>
    <dei:EntityAddressPostalZipCode contextRef="From2021-01-01to2021-12-31">166 74</dei:EntityAddressPostalZipCode>
    <dei:EntityAddressPostalZipCode contextRef="From2021-01-012021-12-31_dei_BusinessContactMember">166 74</dei:EntityAddressPostalZipCode>
    <dei:EntityAddressCityOrTown contextRef="From2021-01-01to2021-12-31">Glyfada, Attica</dei:EntityAddressCityOrTown>
    <dei:EntityAddressCityOrTown contextRef="From2021-01-012021-12-31_dei_BusinessContactMember">Glyfada, Attica</dei:EntityAddressCityOrTown>
    <dei:EntityAddressCountry contextRef="From2021-01-01to2021-12-31">GR</dei:EntityAddressCountry>
    <dei:EntityAddressCountry contextRef="From2021-01-012021-12-31_dei_BusinessContactMember">GR</dei:EntityAddressCountry>
    <dei:ContactPersonnelName contextRef="From2021-01-012021-12-31_dei_BusinessContactMember">Athanasios Feidakis</dei:ContactPersonnelName>
    <dei:CityAreaCode contextRef="From2021-01-012021-12-31_dei_BusinessContactMember">+30</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2021-01-012021-12-31_dei_BusinessContactMember">210 960 8300</dei:LocalPhoneNumber>
    <dei:Security12bTitle contextRef="From2021-01-01to2021-12-31">Common&#160;Shares, par value $0.004&#160;per share</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2021-01-01to2021-12-31">GLBS</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2021-01-01to2021-12-31">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityCommonStockSharesOutstanding contextRef="AsOf2021-12-31" decimals="INF" unitRef="Shares">20582301</dei:EntityCommonStockSharesOutstanding>
    <dei:EntityVoluntaryFilers contextRef="From2021-01-01to2021-12-31">No</dei:EntityVoluntaryFilers>
    <dei:EntityWellKnownSeasonedIssuer contextRef="From2021-01-01to2021-12-31">No</dei:EntityWellKnownSeasonedIssuer>
    <dei:EntityCurrentReportingStatus contextRef="From2021-01-01to2021-12-31">Yes</dei:EntityCurrentReportingStatus>
    <dei:EntityInteractiveDataCurrent contextRef="From2021-01-01to2021-12-31">Yes</dei:EntityInteractiveDataCurrent>
    <dei:EntityFilerCategory contextRef="From2021-01-01to2021-12-31">Accelerated Filer</dei:EntityFilerCategory>
    <dei:EntityEmergingGrowthCompany contextRef="From2021-01-01to2021-12-31">false</dei:EntityEmergingGrowthCompany>
    <dei:IcfrAuditorAttestationFlag contextRef="From2021-01-01to2021-12-31">true</dei:IcfrAuditorAttestationFlag>
    <dei:DocumentAccountingStandard contextRef="From2021-01-01to2021-12-31">International Financial Reporting Standards</dei:DocumentAccountingStandard>
    <dei:EntityShellCompany contextRef="From2021-01-01to2021-12-31">false</dei:EntityShellCompany>
    <dei:AuditorFirmId contextRef="From2021-01-01to2021-12-31">1457</dei:AuditorFirmId>
    <dei:AuditorName contextRef="From2021-01-01to2021-12-31">Ernst &amp; Young (Hellas) Certified Auditors Accountants S.A.</dei:AuditorName>
    <dei:AuditorLocation contextRef="From2021-01-01to2021-12-31">Athens, Greece</dei:AuditorLocation>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">43211000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">11753000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">15623000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:FeeAndCommissionIncome
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">170000</ifrs-full:FeeAndCommissionIncome>
    <ifrs-full:FeeAndCommissionIncome
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:FeeAndCommissionIncome>
    <ifrs-full:FeeAndCommissionIncome
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:FeeAndCommissionIncome>
    <ifrs-full:Revenue
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">43381000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">11753000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">15623000</ifrs-full:Revenue>
    <ifrs-full:ServicesExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1128000</ifrs-full:ServicesExpense>
    <ifrs-full:ServicesExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2490000</ifrs-full:ServicesExpense>
    <ifrs-full:ServicesExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">2098000</ifrs-full:ServicesExpense>
    <glbs:OperatingCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">13808000</glbs:OperatingCosts>
    <glbs:OperatingCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">8581000</glbs:OperatingCosts>
    <glbs:OperatingCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">8882000</glbs:OperatingCosts>
    <ifrs-full:DepreciationExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3910000</ifrs-full:DepreciationExpense>
    <ifrs-full:DepreciationExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2398000</ifrs-full:DepreciationExpense>
    <ifrs-full:DepreciationExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4721000</ifrs-full:DepreciationExpense>
    <glbs:DepreciationOfDryDockingCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">2751000</glbs:DepreciationOfDryDockingCosts>
    <glbs:DepreciationOfDryDockingCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1335000</glbs:DepreciationOfDryDockingCosts>
    <glbs:DepreciationOfDryDockingCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1704000</glbs:DepreciationOfDryDockingCosts>
    <ifrs-full:AdministrativeExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">2610000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1891000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1583000</ifrs-full:AdministrativeExpense>
    <glbs:AdministrativeExpenseRelatedPartyTransactions
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1361000</glbs:AdministrativeExpenseRelatedPartyTransactions>
    <glbs:AdministrativeExpenseRelatedPartyTransactions
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1915000</glbs:AdministrativeExpenseRelatedPartyTransactions>
    <glbs:AdministrativeExpenseRelatedPartyTransactions
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">371000</glbs:AdministrativeExpenseRelatedPartyTransactions>
    <glbs:DirectorsCompensationSharebasedPayment
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">40000</glbs:DirectorsCompensationSharebasedPayment>
    <glbs:DirectorsCompensationSharebasedPayment
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">40000</glbs:DirectorsCompensationSharebasedPayment>
    <glbs:DirectorsCompensationSharebasedPayment
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">40000</glbs:DirectorsCompensationSharebasedPayment>
    <ifrs-full:ImpairmentLoss
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-0</ifrs-full:ImpairmentLoss>
    <ifrs-full:ImpairmentLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:ImpairmentLoss>
    <ifrs-full:ImpairmentLoss
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">29902000</ifrs-full:ImpairmentLoss>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">171000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">89000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">29000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">17944000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-11423000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-33649000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:RevenueFromInterest
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">8000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">16000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">47000</ifrs-full:RevenueFromInterest>
    <ifrs-full:FinanceCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3262000</ifrs-full:FinanceCosts>
    <ifrs-full:FinanceCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4155000</ifrs-full:FinanceCosts>
    <ifrs-full:FinanceCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4703000</ifrs-full:FinanceCosts>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">181000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-1647000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1950000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">79000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-163000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ProfitLoss>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="From2021-01-01to2021-12-31"
      decimals="INF"
      unitRef="USDPShares">1.01</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="USDPShares">-18.11</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="From2019-01-012019-12-31"
      decimals="INF"
      unitRef="USDPShares">-873.36</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:Ships contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">130724000</ifrs-full:Ships>
    <ifrs-full:Ships contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">62350000</ifrs-full:Ships>
    <ifrs-full:OfficeEquipment contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">97000</ifrs-full:OfficeEquipment>
    <ifrs-full:OfficeEquipment contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">100000</ifrs-full:OfficeEquipment>
    <ifrs-full:RightofuseAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">888000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">450000</ifrs-full:RightofuseAssets>
    <ifrs-full:NoncurrentRestrictedCashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">3576000</ifrs-full:NoncurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:NoncurrentRestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">1250000</ifrs-full:NoncurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:NoncurrentDerivativeFinancialAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">417000</ifrs-full:NoncurrentDerivativeFinancialAssets>
    <ifrs-full:NoncurrentDerivativeFinancialAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">0</ifrs-full:NoncurrentDerivativeFinancialAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">10000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">10000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">135712000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">64160000</ifrs-full:NoncurrentAssets>
    <ifrs-full:TradeAndOtherCurrentReceivables contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">1003000</ifrs-full:TradeAndOtherCurrentReceivables>
    <ifrs-full:TradeAndOtherCurrentReceivables contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">153000</ifrs-full:TradeAndOtherCurrentReceivables>
    <ifrs-full:Inventories contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">852000</ifrs-full:Inventories>
    <ifrs-full:Inventories contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">1248000</ifrs-full:Inventories>
    <ifrs-full:CurrentPrepaymentsAndOtherCurrentAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">1224000</ifrs-full:CurrentPrepaymentsAndOtherCurrentAssets>
    <ifrs-full:CurrentPrepaymentsAndOtherCurrentAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">1027000</ifrs-full:CurrentPrepaymentsAndOtherCurrentAssets>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">1648000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">816000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">45213000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">19037000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CurrentAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">49940000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">22281000</ifrs-full:CurrentAssets>
    <ifrs-full:Assets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">185652000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">86441000</ifrs-full:Assets>
    <ifrs-full:IssuedCapital contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">82000</ifrs-full:IssuedCapital>
    <ifrs-full:IssuedCapital contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">12000</ifrs-full:IssuedCapital>
    <ifrs-full:SharePremium contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">284406000</ifrs-full:SharePremium>
    <ifrs-full:SharePremium contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">195102000</ifrs-full:SharePremium>
    <ifrs-full:RetainedEarnings contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">-138070000</ifrs-full:RetainedEarnings>
    <ifrs-full:RetainedEarnings contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">-153020000</ifrs-full:RetainedEarnings>
    <ifrs-full:Equity contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">146418000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">42094000</ifrs-full:Equity>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">26438000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">30887000</ifrs-full:LongtermBorrowings>
    <ifrs-full:NoncurrentProvisionsForEmployeeBenefits contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">114000</ifrs-full:NoncurrentProvisionsForEmployeeBenefits>
    <ifrs-full:NoncurrentProvisionsForEmployeeBenefits contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">31000</ifrs-full:NoncurrentProvisionsForEmployeeBenefits>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">556000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">367000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">27108000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">31285000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:CurrentPortionOfLongtermBorrowings contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">4865000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:CurrentPortionOfLongtermBorrowings contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">5665000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">1100000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">4758000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">3676000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2159000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">349000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">195000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentDerivativeFinancialLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">92000</ifrs-full:CurrentDerivativeFinancialLiabilities>
    <ifrs-full:CurrentDerivativeFinancialLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">0</ifrs-full:CurrentDerivativeFinancialLiabilities>
    <ifrs-full:DeferredIncomeIncludingContractLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">2044000</ifrs-full:DeferredIncomeIncludingContractLiabilities>
    <ifrs-full:DeferredIncomeIncludingContractLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">285000</ifrs-full:DeferredIncomeIncludingContractLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">12126000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">13062000</ifrs-full:CurrentLiabilities>
    <ifrs-full:Liabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">39234000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">44347000</ifrs-full:Liabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">185652000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">86441000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:Equity
      contextRef="AsOf2018-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2018-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">140347000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2018-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-99297000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2018-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">41050000</ifrs-full:Equity>
    <ifrs-full:ProfitLoss
      contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2019-01-012019-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ProfitLoss>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2019-01-012019-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2019-01-012019-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2019-01-012019-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2019-01-012019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">5140000</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2019-01-012019-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2019-01-012019-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">5140000</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:Equity
      contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2019-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">145527000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2019-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-135648000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2019-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">9879000</ifrs-full:Equity>
    <ifrs-full:ProfitLoss
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ProfitLoss>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">815000</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">815000</ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments>
    <ifrs-full:IssueOfEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">12000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">49305000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">49317000</ifrs-full:IssueOfEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">194000</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">194000</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</glbs:IssueOfPreferredShares>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">300000</glbs:IssueOfPreferredShares>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</glbs:IssueOfPreferredShares>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">300000</glbs:IssueOfPreferredShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">-1079000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2020-01-012020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2020-01-012020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">-1079000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:Equity
      contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">12000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">195102000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2020-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-153020000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2020-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">42094000</ifrs-full:Equity>
    <ifrs-full:ProfitLoss
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ProfitLoss>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IssueOfEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">60000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">89520000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">89580000</ifrs-full:IssueOfEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">10000</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">15000</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">25000</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</glbs:IssueOfPreferredShares>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">130000</glbs:IssueOfPreferredShares>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</glbs:IssueOfPreferredShares>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">130000</glbs:IssueOfPreferredShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">-401000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">-401000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:Equity
      contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-3"
      unitRef="USD">82000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">284406000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2021-12-31_custom_AccumulatedDeficitMember"
      decimals="-3"
      unitRef="USD">-138070000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="AsOf2021-12-31_custom_TotalMember"
      decimals="-3"
      unitRef="USD">146418000</ifrs-full:Equity>
    <ifrs-full:ProfitLoss
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ProfitLoss>
    <ifrs-full:AdjustmentsForDepreciationExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3910000</ifrs-full:AdjustmentsForDepreciationExpense>
    <ifrs-full:AdjustmentsForDepreciationExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2398000</ifrs-full:AdjustmentsForDepreciationExpense>
    <ifrs-full:AdjustmentsForDepreciationExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4721000</ifrs-full:AdjustmentsForDepreciationExpense>
    <glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">2751000</glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts>
    <glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1335000</glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts>
    <glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1704000</glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts>
    <glbs:PaymentsOfDeferredDryDockingCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3664000</glbs:PaymentsOfDeferredDryDockingCosts>
    <glbs:PaymentsOfDeferredDryDockingCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2663000</glbs:PaymentsOfDeferredDryDockingCosts>
    <glbs:PaymentsOfDeferredDryDockingCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">861000</glbs:PaymentsOfDeferredDryDockingCosts>
    <ifrs-full:AdjustmentsForProvisions
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">83000</ifrs-full:AdjustmentsForProvisions>
    <ifrs-full:AdjustmentsForProvisions
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">5000</ifrs-full:AdjustmentsForProvisions>
    <ifrs-full:AdjustmentsForProvisions
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-61000</ifrs-full:AdjustmentsForProvisions>
    <ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">29902000</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">181000</ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-1647000</ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1950000</ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:AdjustmentsForFinanceCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3262000</ifrs-full:AdjustmentsForFinanceCosts>
    <ifrs-full:AdjustmentsForFinanceCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4155000</ifrs-full:AdjustmentsForFinanceCosts>
    <ifrs-full:AdjustmentsForFinanceCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4703000</ifrs-full:AdjustmentsForFinanceCosts>
    <ifrs-full:AdjustmentsForInterestIncome
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">8000</ifrs-full:AdjustmentsForInterestIncome>
    <ifrs-full:AdjustmentsForInterestIncome
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">16000</ifrs-full:AdjustmentsForInterestIncome>
    <ifrs-full:AdjustmentsForInterestIncome
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">47000</ifrs-full:AdjustmentsForInterestIncome>
    <ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-87000</ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains>
    <ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">121000</ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains>
    <ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-11000</ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains>
    <ifrs-full:AdjustmentsForSharebasedPayments
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:AdjustmentsForSharebasedPayments>
    <ifrs-full:AdjustmentsForSharebasedPayments
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:AdjustmentsForSharebasedPayments>
    <ifrs-full:AdjustmentsForSharebasedPayments
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:AdjustmentsForSharebasedPayments>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-850000</ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">87000</ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">337000</ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInInventories
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">396000</ifrs-full:AdjustmentsForDecreaseIncreaseInInventories>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInInventories
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">297000</ifrs-full:AdjustmentsForDecreaseIncreaseInInventories>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInInventories
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-895000</ifrs-full:AdjustmentsForDecreaseIncreaseInInventories>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-197000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-874000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">18000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-1917000</ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">89000</ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-1013000</ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable>
    <glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">503000</glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables>
    <glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-392000</glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables>
    <glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">63000</glbs:AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1759000</ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">285000</ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-86000</ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">20750000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-6243000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">213000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">71600000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">18474000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-0</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">332000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">54000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">54000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">36000</ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">30000</ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">13000</ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities>
    <ifrs-full:InterestReceivedClassifiedAsInvestingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">8000</ifrs-full:InterestReceivedClassifiedAsInvestingActivities>
    <ifrs-full:InterestReceivedClassifiedAsInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">16000</ifrs-full:InterestReceivedClassifiedAsInvestingActivities>
    <ifrs-full:InterestReceivedClassifiedAsInvestingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">47000</ifrs-full:InterestReceivedClassifiedAsInvestingActivities>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-71960000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-18542000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-20000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">34250000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">43700000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3993000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-0</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1830000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <glbs:DebtInstrumentPrepaymentAmount
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">35507000</glbs:DebtInstrumentPrepaymentAmount>
    <glbs:DebtInstrumentPrepaymentAmount
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">3040000</glbs:DebtInstrumentPrepaymentAmount>
    <glbs:DebtInstrumentPrepaymentAmount
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">33833000</glbs:DebtInstrumentPrepaymentAmount>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">89580000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">49317000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ProceedsFromIssuingShares>
    <glbs:ProceedsFromWarrantExercises
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">25000</glbs:ProceedsFromWarrantExercises>
    <glbs:ProceedsFromWarrantExercises
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">194000</glbs:ProceedsFromWarrantExercises>
    <glbs:ProceedsFromWarrantExercises
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">0</glbs:ProceedsFromWarrantExercises>
    <ifrs-full:PaymentsForShareIssueCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">401000</ifrs-full:PaymentsForShareIssueCosts>
    <ifrs-full:PaymentsForShareIssueCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1079000</ifrs-full:PaymentsForShareIssueCosts>
    <ifrs-full:PaymentsForShareIssueCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-0</ifrs-full:PaymentsForShareIssueCosts>
    <ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-3158000</ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings>
    <ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">369000</ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings>
    <ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-1085000</ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings>
    <ifrs-full:PaymentsForDebtIssueCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">545000</ifrs-full:PaymentsForDebtIssueCosts>
    <ifrs-full:PaymentsForDebtIssueCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-0</ifrs-full:PaymentsForDebtIssueCosts>
    <ifrs-full:PaymentsForDebtIssueCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">880000</ifrs-full:PaymentsForDebtIssueCosts>
    <ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">241000</ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities>
    <ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">159000</ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities>
    <ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">30000</ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities>
    <ifrs-full:InterestPaidClassifiedAsFinancingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">2624000</ifrs-full:InterestPaidClassifiedAsFinancingActivities>
    <ifrs-full:InterestPaidClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4146000</ifrs-full:InterestPaidClassifiedAsFinancingActivities>
    <ifrs-full:InterestPaidClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">3915000</ifrs-full:InterestPaidClassifiedAsFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">77386000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">41456000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">2127000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">26176000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">16671000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">2320000</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="AsOf2018-12-31" decimals="-3" unitRef="USD">46000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">45213000</ifrs-full:CashAndCashEquivalents>
    <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:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80E_eifrs-full--DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_zO4pPLSIjJz9" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;1. &#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span style="font-size: 10pt"&gt;&lt;span id="xdx_82F_zUBnoSQQHFw7"&gt;Basis of presentation
and general information&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&lt;span style="font-size: 10pt"&gt;&lt;span&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The accompanying consolidated
financial statements include the financial statements of &lt;b&gt;&lt;i&gt;&lt;span id="xdx_905_eifrs-full--NameOfReportingEntityOrOtherMeansOfIdentification_c20210101__20211231_zRGwLl1WDxH9" title="Name of reporting entity"&gt;Globus Maritime Limited&lt;/span&gt;&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_90A_eifrs-full--DomicileOfEntity_c20210101__20211231_z8CfuOx73dN" title="Domicile of entity"&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&#x2019; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 36pt; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span id="xdx_90F_eifrs-full--DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_c20210101__20211231_zXfBjtdEboK3" title="Description of nature of entity's operations and principal activities"&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; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 at December 31, 2021:&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 id="xdx_892_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_znzOoIe3ghW6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt 0 20pt; display: none; text-align: justify; text-indent: 0cm"&gt;Basis of presentation
and general information&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zJHcU9aBR8Yb" style="font: 11pt Baskerville Win95BT; text-align: center; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_487_ecustom--VesselDeliveryDate_dd0_z2NnI48HW926" style="font-size: 12pt; text-align: center"&gt;&#160;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_48F_eifrs-full--NameOfSubsidiary_d0_zBg87Cgk89Ii" style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 0pt; width: 34%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;b&gt;&#160;Company&lt;/b&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt"&gt;&lt;b&gt;&lt;span id="xdx_914_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zx35VXoB7eD7"&gt;Country of Incorporation&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center"&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"&gt;&lt;b&gt;&lt;span id="xdx_91D_ecustom--VesselDeliveryDate_zL3wP0XZpEN5"&gt;Vessel Delivery
                                                                                 Date&lt;/span&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"/&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;b&gt;&#160;&lt;span id="xdx_914_eifrs-full--NameOfSubsidiary_znn01oIG7rqc"&gt;Vessel
    Owned&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: center"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_zNZySjX0gF7j" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Globus Shipmanagement Corp.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0566"&gt;-&#160;&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_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_zo2c3TcQVi3l" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Devocean Maritime Ltd.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;December 18, 2007&lt;/span&gt;&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_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zuBSKrcxWpI5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Domina Maritime Ltd.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;May 19, 2010&lt;/span&gt;&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_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zmYOjPEsgu12" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Dulac Maritime S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;May 25, 2010&lt;/span&gt;&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_415_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zcSV6FrviNj3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Artful Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;June 22, 2011&lt;/span&gt;&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_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_ziWsFW6HxqNc" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;Longevity Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 5.4pt"&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; padding-left: 5.4pt"&gt;m/v Sun Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zfqwaa2r6lT3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;Serena Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 0pt"&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; padding-left: 5.4pt"&gt;m/v Galaxy Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_411_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zUHgO6dEUmzg" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;Talisman Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 0pt"&gt;Marshall Islands&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;July 20, 2021&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 5.4pt"&gt;m/v Power Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41A_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zcX3wb9PH6v7" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Argo Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;June 9, 2021&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Diamond Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_ztyxbQVoqcbb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Calypso Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;Marshall Islands&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 30pt; padding-left: 30pt; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0593"&gt;&#x2013;&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: xdx2ixbrl0594"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zNc4vFkb2vve" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Daxos Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0596"&gt;&#x2013;&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: xdx2ixbrl0597"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41B_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_z0SiQ082dDue" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Olympia Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0599"&gt;&#x2013;&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: xdx2ixbrl0600"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zIbKoJmOggeb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Paralus Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0602"&gt;&#x2013;&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: xdx2ixbrl0603"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_418_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zPYoQ6I72AVc" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Salaminia Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;November 29, 2021&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Orion Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;



&lt;p id="xdx_8A3_z3jp5GMlCBR" 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The consolidated financial statements as
at December 31, 2021 and 2020 and for the three years in the period ended December 31, 2021, were approved for issuance by the Board
of Directors on April 6, 2022.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"&gt;&lt;b&gt;&#160;&lt;/b&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"/&gt;

</ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory>
    <ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification contextRef="From2021-01-01to2021-12-31">Globus Maritime Limited</ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification>
    <ifrs-full:DomicileOfEntity contextRef="From2021-01-01to2021-12-31">Marshall Islands</ifrs-full:DomicileOfEntity>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2021-01-01to2021-12-31">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="From2021-01-01to2021-12-31">&lt;p id="xdx_892_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_znzOoIe3ghW6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt 0 20pt; display: none; text-align: justify; text-indent: 0cm"&gt;Basis of presentation
and general information&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zJHcU9aBR8Yb" style="font: 11pt Baskerville Win95BT; text-align: center; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_487_ecustom--VesselDeliveryDate_dd0_z2NnI48HW926" style="font-size: 12pt; text-align: center"&gt;&#160;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_48F_eifrs-full--NameOfSubsidiary_d0_zBg87Cgk89Ii" style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 0pt; width: 34%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;b&gt;&#160;Company&lt;/b&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt"&gt;&lt;b&gt;&lt;span id="xdx_914_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zx35VXoB7eD7"&gt;Country of Incorporation&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center"&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"&gt;&lt;b&gt;&lt;span id="xdx_91D_ecustom--VesselDeliveryDate_zL3wP0XZpEN5"&gt;Vessel Delivery
                                                                                 Date&lt;/span&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"/&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 21%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;b&gt;&#160;&lt;span id="xdx_914_eifrs-full--NameOfSubsidiary_znn01oIG7rqc"&gt;Vessel
    Owned&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: center"&gt;&#160;&lt;/td&gt;&lt;td style="font: 11pt Baskerville Win95BT"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 11pt Baskerville Win95BT; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_zNZySjX0gF7j" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Globus Shipmanagement Corp.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0566"&gt;-&#160;&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_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_zo2c3TcQVi3l" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Devocean Maritime Ltd.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;December 18, 2007&lt;/span&gt;&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_41F_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zuBSKrcxWpI5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Domina Maritime Ltd.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;May 19, 2010&lt;/span&gt;&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_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zmYOjPEsgu12" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Dulac Maritime S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;May 25, 2010&lt;/span&gt;&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_415_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zcSV6FrviNj3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Artful Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;June 22, 2011&lt;/span&gt;&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_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_ziWsFW6HxqNc" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;Longevity Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 5.4pt"&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; padding-left: 5.4pt"&gt;m/v Sun Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_412_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zfqwaa2r6lT3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;Serena Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 0pt"&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; padding-left: 5.4pt"&gt;m/v Galaxy Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_411_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zUHgO6dEUmzg" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;Talisman Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 0pt"&gt;Marshall Islands&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;July 20, 2021&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center; padding-left: 5.4pt"&gt;m/v Power Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41A_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zcX3wb9PH6v7" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Argo Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;June 9, 2021&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Diamond Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_ztyxbQVoqcbb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Calypso Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;Marshall Islands&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 30pt; padding-left: 30pt; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0593"&gt;&#x2013;&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: xdx2ixbrl0594"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41C_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zNc4vFkb2vve" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Daxos Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0596"&gt;&#x2013;&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: xdx2ixbrl0597"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41B_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_z0SiQ082dDue" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Olympia Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0599"&gt;&#x2013;&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: xdx2ixbrl0600"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zIbKoJmOggeb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Paralus Shipholding S.A.&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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: xdx2ixbrl0602"&gt;&#x2013;&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: xdx2ixbrl0603"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_418_20210101__20211231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zPYoQ6I72AVc" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Salaminia Maritime Limited&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="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="font: 9pt Times New Roman, Times, Serif"&gt;November 29, 2021&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Orion Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;



</ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember">Management Co.</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember">2007-12-18</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_DevoceanMaritimeLtdMember">m/v River Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember">2010-05-19</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_DominaMaritimeLtdMember">m/v Sky Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_DulacMaritimeSAMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_DulacMaritimeSAMember">2010-05-25</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_DulacMaritimeSAMember">m/v Star Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember">2011-06-22</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_ArtfulShipholdingSAMember">m/v Moon Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember">Malta</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember">2011-09-15</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_LongevityMaritimeLimitedMember">m/v Sun Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember">2020-10-29</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_SerenaMaritimeLimitedMember">m/v Galaxy Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember">2021-07-20</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_TalismanMaritimeLimitedMember">m/v Power Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember">2021-06-09</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_ArgoMaritimeLimitedMember">m/v Diamond Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_CalypsoShipholdingSAMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_DaxosMaritimeLimitedMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_OlympiaShipholdingSAMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_ParalusShipholdingSAMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember">2021-11-29</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-12-31_custom_SalaminiaMaritimeLimitedMember">m/v Orion Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80B_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zj5diNZAHRjl" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span&gt;&lt;span id="xdx_823_zC6fTBJngxX"&gt;Basis
of Preparation and Significant Accounting Policies&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -18pt"&gt;&#160;&lt;/p&gt;


&lt;p id="xdx_84A_eifrs-full--DisclosureOfGoingConcernExplanatory_zmo1DXvPxzpk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.1
&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86C_zvus4WjeRJQf"&gt;Basis of Preparation:&lt;/span&gt; &lt;/b&gt;The consolidated financial statements
have been prepared on a historical cost basis, except for derivative financial instruments which are measured at fair value. The
consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand ($ 000s) except
when otherwise indicated.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify; text-indent: -40pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company performs on a regular basis
an assessment to evaluate its ability to
continue as a going concern.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;In assessing whether the going concern assumption is appropriate, management takes
into account all available information about the future, which is at least, but is not limited to, twelve months from the end of the reporting
period. The degree of consideration depends on the facts in each case and depends on the Company&#x2019;s profitability and ready access to financial resources, In certain cases, management may need to consider a wide range of factors relating to current and
expected profitability, debt repayment schedules, compliance with the financial and security collateral cover ratio covenants under its existing debt agreements and potential sources of replacement financing before it can satisfy itself that the going
concern basis is appropriate. The Company may need to develop detailed cash flow projections as part of its assessment in such cases.
In developing estimates of future cash flows, the Company makes assumptions about the vessels&#x2019; future performance, with the significant assumptions relating to time charter equivalent rates, vessels&#x2019; operating
expenses, vessels&#x2019; capital expenditures, fleet utilization, Company&#x2019;s general
and administrative expenses and cash flow requirements for debt servicing. The assumptions used to develop estimates of future cash flows
are based on historical trends as well as future expectations.&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;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;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 9). As at December 31, 2021, the Company reported a working capital surplus of $&lt;span id="xdx_90D_eifrs-full--CurrentAssetsLiabilities_iI_pn3n6_c20211231_zpaAGZUlRwx5" title="Working capital surplus/ (deficit)"&gt;37.8&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 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The above conditions indicate that the Company is expected to be able to
operate as a going concern and these consolidated financial statements were prepared under this assumption.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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; text-indent: 36pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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; text-indent: 36pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 current marketplace may 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 quarter of 2020, the Company concluded that the recoverable amounts of the vessels
were lower than their carrying amounts and an impairment loss of $&lt;span id="xdx_901_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_c20200101__20201231_zrzH2mjPbWKl" title="Impairment loss"&gt;4,615
&lt;/span&gt;was recorded (Note 5). The Company has re-assessed impairment indicators  as at December 31, 2021  and
concluded that &lt;span id="xdx_90C_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_do_c20210101__20211231_zjbJQBP3Sv76"&gt;no&lt;/span&gt; further impairment of its vessels should be recorded or previously recognized impairment should be reversed.&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;

&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;

&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"&gt;&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;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;2. &#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of
Preparation and Significant Accounting Policies (continued)&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Statement of Compliance:
&lt;/b&gt;These consolidated financial statements of the Company have been prepared in accordance with &lt;span id="xdx_901_edei--EntityAccountingStandard_c20210101__20211231_zOmYU5LHSq64"&gt;International Financial Reporting Standards&lt;/span&gt;
(&#x201c;IFRS&#x201d;) as issued by the International Accounting Standards Board (&#x201c;IASB&#x201d;).&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Basis of Consolidation:&lt;/b&gt;
The consolidated financial statements comprise the financial statements of Globus and its subsidiaries listed in Note 1. The financial
statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;All inter-company balances
and transactions have been eliminated upon consolidation. Subsidiaries are fully consolidated from the date on which control is transferred
to the Company and cease to be consolidated from the date on which control is transferred out of the Company.&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;


&lt;p id="xdx_846_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_z1xY9VIQiRpb" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.2 &#x202f;&#x202f;&#x202f;&lt;span id="xdx_864_zOYoRsa6Y1A6"&gt;Standards amendments and
interpretations:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The accounting policies adopted are consistent
with those of previous financial year except for the following amended IFRS which have been adopted by the Company as at January 1, 2021:&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IFRS 16 Leases-C&#x3bf;vid 19 Related
Rent Concessions (Amendment)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b/&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendment applies, retrospectively,
to annual reporting periods beginning on or after 1 June 2020. Earlier application is permitted, including in financial statements
not yet authorized for issue at May 28, 2020. IASB amended the standard to provide relief to lessees from applying IFRS 16
guidance on lease modification accounting for rent concessions arising as a direct consequence of the covid-19 pandemic. The
amendment provides a practical expedient for the lessee to account for any change in lease payments resulting from the covid-19
related rent concession the same way it would account for the change under IFRS 16, if the change was not a lease modification, only
if all of the following conditions are met:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 9pt"&gt;The change in lease payments results in revised consideration for the lease
that is substantially the same as, or less than, the consideration for the lease immediately preceding the change.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 9pt"&gt;Any reduction in lease payments affects only payments originally due on or
before June 30, 2021.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 9pt"&gt;There is no substantive change to other terms and conditions of the lease.&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="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendment had no impact on the consolidated
financial statements of the Company.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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;/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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Attributing Benefit to Periods of Service
(IAS 19 Employee Benefits) &#x2013; IFRS Interpretation Committee (IFRS IC or IFRIC) Agenda Decision issued May 2021&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The International Financial Reporting Standards
Interpretations Committee issued a final agenda decision in May 2021, under the title "Attributing Benefits to Periods of Service"
(IAS 19), which includes explanatory material regarding the attribution of benefits in periods of service regarding a specific defined
benefit plan analogous to that defined in Article 8 of Greek Law 3198/1955 regarding provision of compensation due to retirement (the
"Labor Law Defined Benefit Plan"). This explanatory information differentiates the way in which the basic principles and regulations
of IAS 19 have been applied in Greece in the previous years, and therefore, according to what is defined in the &#x201c;IASB Due Process
Handbook (par 8.6)&#x201d;, entities that prepare their financial statements in accordance with IFRS are required to amend their Accounting
Policy accordingly. Based on the above, the aforementioned decision is implemented in accordance with paragraphs 19-22 of IAS 8 as a change
in accounting policy. The agenda decision had no impact on the consolidated financial statements of the Company.&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;



&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation
and Significant Accounting Policies (continued)&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Standards issued but not yet
effective and not early adopted:&lt;/b&gt;&lt;/p&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Amendment in IFRS 10 Consolidated Financial Statements and
IAS 28 Investments in Associates and Joint Ventures: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments address an acknowledged
inconsistency between the requirements in IFRS 10 and those in IAS 28, in dealing with the sale or contribution of assets between an investor
and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction
involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets
that do not constitute a business, even if these assets are housed in a subsidiary. In December 2015 the IASB postponed the effective
date of this amendment indefinitely pending the outcome of its research project on the equity method of accounting. Management has assessed
that this amendment will have no impact on the Company&#x2019;s financial position or performance.&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;&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;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 1 Presentation of Financial Statements:
Classification of Liabilities as Current or Non-current (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments were initially effective
for annual reporting periods beginning on or after January 1, 2022 with earlier application permitted. However, in response to the covid-19
pandemic, the Board has deferred the effective date by one year, i.e. 1 January 2023, to provide companies with more time to implement
any classification changes resulting from the amendments. The amendments aim to promote consistency in applying the requirements by helping
companies determine whether, in the statement of financial position, debt and other liabilities with an uncertain settlement date should
be classified as current or non-current. The amendments affect the presentation of liabilities in the statement of financial position
and do not change existing requirements around measurement or timing of recognition of any asset, liability, income or expenses, nor the
information that entities disclose about those items. Also, the amendments clarify the classification requirements for debt which may
be settled by the company issuing own equity instruments.&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;In November 2021, the Board issued an
exposure draft (ED), which clarifies how to treat liabilities that are subject to covenants to be complied with, at a date
subsequent to the reporting period. In particular, the Board proposes narrow scope amendments to IAS 1 which effectively reverse the
2020 amendments requiring entities to classify as current, liabilities subject to covenants that must only be complied with within
the next twelve months after the reporting period, if those covenants are not met at the end of the reporting period. Instead, the
proposals would require entities to present separately all non-current liabilities subject to covenants to be complied with only
within twelve months after the reporting period. Furthermore, if entities do not comply with such future covenants at the end of the
reporting period, additional disclosures will be required. The proposals will become effective for annual reporting periods
beginning on or after January 1, 2024 and will need to be applied retrospectively in accordance with IAS 8, while early adoption is
permitted. The Board has also proposed to delay the effective date of the 2020 amendments accordingly, such that entities will not
be required to change current practice before the proposed amendments come into effect. Management has assessed that these
amendments will have no impact on the Company&#x2019;s financial position or performance.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 14.15pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IFRS 3 Business Combinations; IAS 16
Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets as well as Annual Improvements 2018-2020
(Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments are effective for annual
periods beginning on or after January 1, 2022, with earlier application permitted. The IASB has issued narrow-scope amendments to the
IFRS Standards as follows:&lt;/p&gt;

&lt;p style="font: 10pt 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: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b&gt;IFRS 3 Business Combinations (Amendments)&lt;/b&gt; update a reference in IFRS 3 to the Conceptual Framework
for Financial Reporting without changing the accounting requirements for business combinations.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b&gt;IAS 16 Property, Plant and Equipment (Amendments)&lt;/b&gt; prohibit a company from deducting from the cost
of property, plant and equipment amounts received from selling items produced while the company is preparing the asset for its intended
use. Instead, a company will recognize such sales proceeds and related cost in profit or loss.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;



&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b/&gt;

&lt;p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"&gt;&lt;b&gt;IAS 37 Provisions, Contingent Liabilities and Contingent
Assets (Amendments)&lt;/b&gt; specify which costs a company includes in determining the cost of fulfilling a contract for the purpose of assessing
whether a contract is onerous.&lt;/p&gt;
&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b/&gt;

&lt;p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"&gt;&lt;b&gt;Annual Improvements 2018-2020&lt;/b&gt; make minor amendments
to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IAS 41 Agriculture and the
Illustrative Examples accompanying IFRS 16 Leases.&lt;/p&gt;
&lt;p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"&gt;&#160;&lt;/p&gt;
&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Management has assessed that these amendments
will have no impact on the Company&#x2019;s financial position or performance.&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;IFRS 16 Leases -C&#x3bf;vid 19 Related
Rent Concessions beyond June 30, 2021 (Amendment)&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Amendment applies to annual
reporting periods beginning on or after April 1, 2021, with earlier application permitted, including in financial statements not yet
authorized for issue at the date the amendment is issued. In March 2021, the Board amended the conditions of the practical expedient
in IFRS 16 that provides relief to lessees from applying the IFRS 16 guidance on lease modifications to rent concessions arising as
a direct consequence of the covid-19 pandemic. Following the amendment, the practical expedient now applies to rent concessions for
which any reduction in lease payments affects only payments originally due on or before June 30, 2022, provided the other
conditions for applying the practical expedient are met. Management has assessed will have no impact on the Company&#x2019;s
financial position or performance.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 32.15pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b/&gt;&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 0 0 18pt; text-align: justify"/&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;


&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation
and Significant Accounting Policies (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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 1 Presentation of Financial Statements
and IFRS Practice Statement 2: Disclosure of Accounting policies (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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 &#x2018;significant&#x2019;
accounting policies with a requirement to disclose &#x2018;material&#x2019; 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 has assessed that these amendments will have no impact on the Company&#x2019;s financial position or performance.&lt;/p&gt;


&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 8 Accounting policies, Changes in Accounting
Estimates and Errors: Definition of Accounting Estimates (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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
has assessed that these amendments will have no impact on the Company&#x2019;s financial position or performance.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 12 Income taxes: Deferred Tax related
to Assets and Liabilities arising from a Single Transaction (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments are effective for annual periods
beginning on or after January 1, 2023 with earlier application permitted. In May 2021, the Board issued amendments to IAS 12, which narrow
the scope of the initial recognition exception under IAS 12 and specify how companies should account for deferred tax on transactions
such as leases and decommissioning obligations. Under the amendments, the initial recognition exception does not apply to transactions
that, on initial recognition, give rise to equal taxable and deductible temporary differences. It only applies if the recognition of a
lease asset and lease liability (or decommissioning liability and decommissioning asset component) give rise to taxable and deductible
temporary differences that are not equal. Management has assessed that these amendments will have no impact on the Company&#x2019;s financial
position or performance.&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 id="xdx_84F_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zMgImAsxEbU6" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.3
&#x202f;&#x202f;&#x202f;&lt;/b&gt;&lt;span id="xdx_867_zaAG7ETBxTE6" style="font: bold 10pt Times New Roman, Times, Serif"&gt;Significant
accounting policies, judgments, estimates and assumptions:&lt;/span&gt; The preparation of consolidated financial statements in conformity
with IFRS requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amounts of revenues
and expenses recognised during the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes
that could require a material adjustment to the carrying amount of the asset or liability affected in the future.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -21.25pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Judgments: &lt;/b&gt;In
the process of applying the Company&#x2019;s accounting policies, management has made the following judgments that had a significant effect
on the amounts recognised in the consolidated financial statements.&lt;/p&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;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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;&lt;i&gt;Provision for expected credit losses: &lt;/i&gt;The Company
                                                                                                     measures allowance for all trade accounts receivable under the simplified model using the lifetime expected credit loss
                                                                                                     (&#x201c;ECL&#x201d;) approach. When estimating ECLs, the Company considers reasonable and supportable information that is available
                                                                                                     without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic
                                                                                                     conditions. Provisions for expected credit losses as at December 31, 2021 and 2020, were $&lt;span id="xdx_907_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zfm31i9wYZak" title="Provision for doubtful trade receivables"&gt;8&lt;/span&gt;
                                                                                                     and nil, respectively. &lt;span id="xdx_900_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20200101__20201231_zxySlBlcSPbl" style="display: none" title="Provision for doubtful trade receivables"&gt;0&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; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Estimates and assumptions: &lt;/b&gt;The key assumptions
concerning the future and other key sources of estimation uncertainty at the financial position date, that have a significant risk of
causing a significant adjustment to the carrying amount of assets and liabilities within the next financial year, are discussed below.
The Company based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing
circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond
the control of the Company. Such changes are reflected in the assumptions when they occur.&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: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;i&gt;Carrying amount of vessels, net&lt;/i&gt;: Vessels are stated at cost, less accumulated depreciation (including
depreciation of dry-docking costs and the amortization of the component attributable to favourable or unfavourable lease terms relative
to market terms) and accumulated impairment losses. The estimates and assumptions that have the most significant effect on the vessels
carrying amount are estimations in relation to useful lives of vessels, their residual value and estimated dry docking dates. The key
assumptions used are further explained in notes 2.9 to 2.13.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Impairment
                                            of Non-Financial Assets and Reversal of previously recognized impairment losses&lt;/i&gt;: &#160;&#160;The
                                            Company&#x2019;s impairment test for non-financial assets is based on the assets&#x2019; recoverable
                                            amount, where the recoverable amount is the greater of fair value less costs to sell and
                                            value in use. The Company engaged independent valuation specialists to determine the fair
                                            value of non-financial assets as at December 31, 2021 and 2020. The value in use calculation
                                            is based on a discounted cash flow model. The value in use calculation is most sensitive
                                            to the discount rate used for the discounted cash flow model as well as the expected net
                                            cash flows. See notes 2.13 and 5. The Company assesses also at each reporting date whether
                                            there is any indication that an impairment loss recognized in prior periods for a vessel
                                            may no longer exist or may have decreased.&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: -14.15pt"/&gt;


&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"&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: -14.15pt"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&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;&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; text-align: justify"/&gt;

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




&lt;p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zWoNq07zRX7b" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.4&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_866_zqPdrcYIL2Qb"&gt;Accounting for revenue and related expenses:&lt;/span&gt;&lt;/b&gt; The Company generates
its revenues from charterers for the charter hire of its vessels. Vessels are chartered using time charters and bareboat, 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 and the Company is required to disclose lease and non-lease components
of lease revenue. Associated voyage expenses 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.&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 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Interest income&lt;/b&gt;: interest
income is recognised as interest on an accrual basis.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Voyage expenses&lt;/b&gt;: Voyage expenses primarily
consisting of port, canal and bunker expenses that are unique to a particular charter under time charter arrangements are paid by the
charterer. Furthermore, voyage expenses include brokerage commission on revenue which is paid by the Company. Voyage expenses are accounted
for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all voyage expenses and risk of operation.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Vessel operating expenses&lt;/b&gt;: Vessel operating
costs include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs. Under bareboat charter
arrangements, these expenses are paid by the charterer and by the Company under time charter and voyage charter arrangements. Vessel operating
expenses are accounted for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all vessel operating
expenses and risk of operation.&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 id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zPds4Pls9JMf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.5&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_867_zvF5i80PW5q3"&gt;Foreign currency translation:&lt;/span&gt;&lt;/b&gt; The functional currency of Globus and
its subsidiaries is the U.S. dollar, which is also the presentation currency of the Company, since the Company&#x2019;s vessels operate
in international shipping markets, whereby the U.S. dollar is the currency used for transactions. Transactions involving other currencies
during the period are converted into U.S. dollars using the exchange rates in effect at the time of the transactions. At the financial
position dates, monetary assets and liabilities, which are denominated in currencies other than the U.S. dollar, are translated into the
functional currency using the period-end exchange rate. Gains or losses resulting from foreign currency transactions are included in foreign
exchange gains/(losses), net in the consolidated statement of comprehensive income/(loss).&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 0 0 18pt; text-align: justify"/&gt;


&lt;p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_zB92ieplxWA3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.6&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_862_zRIzGnW73ox"&gt;Cash and cash equivalents:&lt;/span&gt;&lt;/b&gt; The Company considers highly liquid investments
such as time deposits and certificates of deposit with original maturity of three months or less to be cash and cash equivalents.&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 id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_z2pQ0SxcMvt5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.7&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_866_z6xCs76nfbPc"&gt;Trade
accounts receivable, net&lt;/span&gt;&lt;/b&gt;&lt;b&gt;&lt;i&gt;: &lt;/i&gt;&lt;/b&gt;The amount shown as trade accounts receivable at each financial position date
includes estimated recoveries from charterers for hire, net of an allowance for doubtful accounts. Trade accounts receivable without
a significant financing component are initially measured at their transaction price and subsequently measured at amortized cost less
impairment losses, which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position
date, all potentially uncollectible accounts are assessed individually for the purpose of determining the appropriate provision for
expected credit losses. The provision for expected credit losses at December 31, 2021 was $&lt;span id="xdx_90C_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zQ23y6ZTTDBa"&gt;8 &lt;/span&gt;(2020:
nil).&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 0 0 18pt; text-align: justify"/&gt;


&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zsKVBNb0JPGc" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.8&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86B_zXlvD8C1tqR3"&gt;Inventories:&lt;/span&gt;&lt;/b&gt; Inventories consist of lubricants, bunkers and gas cylinders and are stated at the
lower of cost and net realisable value. The cost is determined by the first-in, first-out method.&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 0 0 18pt; text-align: justify"/&gt;


&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zD1OikEbOGA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.9&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_869_zkc2mUVLN9xb"&gt;Vessels,
net:&lt;/span&gt;&lt;/b&gt; Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking costs and amortization
of components attributable to favourable or unfavourable lease terms relative to market terms) and accumulated impairment losses. Vessel
cost consists of the contract price for the vessel and any material expenses incurred upon acquisition (initial repairs, improvements
and delivery expenses, interest, commissions paid and on-site supervision costs incurred during the construction periods). Subsequent
expenditures for conversions and major improvements are also capitalised when the recognition criteria are met. Otherwise these amounts
are charged to expenses as incurred.&#160;&lt;/p&gt;

&lt;p style="font: 10pt 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;&lt;b/&gt;&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 0 0 18pt; 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 18pt; text-align: justify"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_zSm0H9zAA8cg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.10&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zZuXkxFPMKId"&gt;Dry-docking costs&lt;/span&gt;&lt;/b&gt;: &lt;span style="font-weight: normal"&gt;Vessels are required to be dry-docked for major repairs and maintenance
that cannot be performed while the vessels are operating. Dry-dockings occur approximately every &lt;span id="xdx_900_ecustom--IntervalBetweenVesselDrydockingSpecialSurvey_dtY_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zbf7cBFb9dGf"&gt;2.5&lt;/span&gt;
years&lt;/span&gt;&lt;span style="font-weight: normal"&gt;. The costs associated with the dry-dockings are capitalised and depreciated on
a straight-line basis over the period between dry-dockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management
estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled dry-docking of the
vessel under the ownership of the Company and this component is depreciated on a &lt;span id="xdx_902_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zo08hnrHGOJd"&gt;straight-line
basis&lt;/span&gt;&lt;/span&gt; &lt;span style="font-weight: normal"&gt;over the remaining period through the estimated dry-docking date.&lt;/span&gt;&lt;/p&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;&#160;&lt;/b&gt;&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"/&gt;


&lt;p id="xdx_846_eifrs-full--DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_zPICpNOS8q7g" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.11&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86B_z6I0KTxTxf6f"&gt;Depreciation:
&lt;/span&gt;&lt;/b&gt;The cost of each of the Company&#x2019;s vessels is depreciated on a &lt;span id="xdx_90D_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zxalKg0dCct3" title="Depreciation method"&gt;straight-line
basis&lt;/span&gt; over each vessel&#x2019;s remaining useful economic life, after considering the estimated residual value of each vessel,
beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels is &lt;span id="xdx_901_eifrs-full--DescriptionOfUsefulLifePropertyPlantAndEquipment_pip0_dt_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zqU53Vp3cVEc" title="Useful life"&gt;25
years&lt;/span&gt;, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and
estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively.
During 2019 and 2020 the Company maintained the same scrap rate at $&lt;span id="xdx_908_ecustom--VesselsScrapRatePerTon_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zpMLPnYmQ19b" title="Vessels scrap rate per ton"&gt;&lt;span id="xdx_906_ecustom--VesselsScrapRatePerTon_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z5y2Pa2wDCwe" title="Vessels scrap rate per ton"&gt;300&lt;/span&gt;&lt;/span&gt;/ton.
During the fourth quarter of 2021, the Company adjusted the scrap rate from $300/ton to $&lt;span id="xdx_90C_ecustom--VesselsScrapRatePerTon_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zOL2jPvxRP9e" title="Vessels scrap rate per ton"&gt;380&lt;/span&gt;/ton
due to the increased scrap rates worldwide. This resulted to a decrease of $&lt;span id="xdx_900_ecustom--ExtraDepreciationPropertyPlantAndEquipment_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zuGqPzE8WeRj" title="Decrease in depreciation expense due to changes in scrap rate"&gt;145&lt;/span&gt; to the depreciation charge included in the consolidated
statement of comprehensive income/(loss) for 2021.&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 id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForLeasesExplanatory_zsBIs2ObOeLl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.12&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zebiargfeIW3"&gt;Amortization of lease component:&lt;/span&gt;&lt;/b&gt; When the Company acquires a vessel subject to an operating lease;
it amortizes the amount reflected in the cost of that vessel that is attributable to favourable or unfavourable lease terms relevant to
market terms, over the remaining term of the lease&lt;span style="background-color: white"&gt;. The amortization is included in the line &#x201c;amortization&lt;/span&gt;
of fair value of time charter attached to vessels&#x201d; in the income statement component of the consolidated statement of comprehensive
income/(loss).&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 id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_zS0rFotRDzn9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.13&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zfzodF1H30Xc"&gt;Impairment
of Long-Lived Assets and Reversal of previously recognized impairment losses:&lt;/span&gt;&lt;/b&gt; The Company assesses at each reporting date
whether there is an indication that a vessel may be impaired. The vessel&#x2019;s recoverable amount is estimated when events or
changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value
exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the
greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted
to their present value using a discount rate that reflects current market assessments of the time value of money and the risks
specific to the vessel. Impairment losses are recognised in the consolidated statement of comprehensive income/(loss). The Company
assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a
vessel may no longer exist or may have decreased. A previously recognised impairment loss is reversed only if there has been a
change in the estimates used to determine the asset&#x2019;s recoverable amount since the last impairment loss was recognised. If
that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the
carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised for the asset in prior
years. Such reversal is recognised in the consolidated statement of comprehensive income/(loss). After such a reversal, the
depreciation charge is adjusted in future periods to allocate the asset&#x2019;s revised carrying amount, less any residual value, on
a systematic basis over its remaining useful life (refer to note 5).&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 id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zAhP3GOIvtr3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.14&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86C_zOhKTaooI6lf"&gt;Long-term debt:&lt;/span&gt;&lt;/b&gt; Long-term debt is initially recognised at the fair value of the consideration received
net of financing costs directly attributable to the borrowing. After initial recognition, long-term debt is subsequently measured at amortized
cost using the effective interest rate method. Amortized cost is calculated by taking into account any financing costs and any discount
or premium on settlement. Gains and losses are recognised in the income statement component of the consolidated statement of comprehensive
income/(loss) when the liabilities are derecognised or impaired, as well as through the amortization process.&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 id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinanceCostsExplanatory_zgQhoG8IeMq4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.15&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zV2lMqgZ4Qd"&gt;Financing
costs:&lt;/span&gt;&lt;/b&gt; Fees incurred for obtaining new loans or refinancing existing loans are deferred and amortized over the life of the
related debt, using the effective interest rate method. Any unamortized balance of costs relating to loans repaid or refinanced is expensed
in the period the repayment or refinancing is made. For the year ended December 31, 2021, the Company deferred financing costs of $&lt;span id="xdx_903_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zMOfhEmmDOqg"&gt;545&lt;/span&gt;,
which relate to the costs incurred for the loan agreement with CIT Bank N.A. (This loan facility is referred to as the CIT Loan Facility,
see Note 11 for more details). For the year ended December 31, 2020, the Company did not incur any financing costs. For the year ended
December 31, 2019, the Company deferred financing costs of $&lt;span id="xdx_90F_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zdMRhgoLWamj"&gt;880&lt;/span&gt;,
which relate to the costs incurred for the loan agreement with EnTrust Global&#x2019;s Blue Ocean Fund (see Note 11 for more details).&lt;span id="xdx_90E_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20200101__20201231_zldE7K5PYa74" style="display: none"&gt;0&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p id="xdx_84B_eifrs-full--DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_zVnWJn9zJvuh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.16&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_zdNSyEacuHod"&gt;Borrowing costs:&lt;/span&gt;&lt;/b&gt;
Borrowing costs consist of interest and other costs that the Company incurs in connection with the borrowing of funds. Borrowing costs
are expensed to the income statement component of the consolidated statement of comprehensive income/(loss) as incurred under &#x201c;interest
expense and finance costs&#x201d; except borrowing costs that relate to a qualifying asset. A qualifying asset is an asset that necessarily
takes a substantial period of time to get ready for its intended use. Borrowing costs that relate to qualifying assets are capitalised.&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;



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

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b/&gt;&lt;/p&gt;



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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&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 id="xdx_84F_eifrs-full--DescriptionOfAccountingPolicyForSegmentReportingExplanatory_zEbacq1I3Xtd" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.17&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_861_zGLFH480D6wi"&gt;Operating segment:&lt;/span&gt;&lt;/b&gt; The Company reports financial information and evaluates its operations by charter
revenues and not by other factors such as length of ship employment for its customers i.e., spot or time charters or type of vessel. The
Company does not use discrete financial information to evaluate the operating results for each such type of charter. Although revenue
can be identified for these types of charters, management cannot and does not identify expenses, profitability or other financial information
for these charters. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue
per day and operating results of the fleet and thus the Company has determined that it operates as &lt;span id="xdx_908_ecustom--NumberOfOperatingSegments_dc_uPure_c20210101__20211231_zQFbst39HIRi"&gt;one&lt;/span&gt; operating segment. Furthermore,
when the Company charters a vessel to a charterer, the charterer is free to trade the vessel worldwide and, as a result, the disclosure
of geographical information is impracticable.&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 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b/&gt;&lt;/p&gt;



&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&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 id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zL6e323Pfjo8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.18&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zVqYGGIK2td2"&gt;Provisions and contingencies:&lt;/span&gt; &lt;/b&gt;Provisions are recognized when the Company has a present legal or
constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required
to settle the obligation and, a reliable estimate of the amount of the obligation can be made. Provisions are reviewed at each financial
position date and adjusted to reflect the present value of the expenditure expected to be required to settle the obligation. Contingent
liabilities are not recognized in the consolidated financial statements but are disclosed unless the possibility of an outflow of resources
embodying economic benefits is remote, in which case there is no disclosure. Contingent assets are not recognized in the consolidated
financial statements but are disclosed when an inflow of economic benefits is probable.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -30pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForTerminationBenefits_zhfL6waAs8K4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.19&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_869_zsbFlZdnNXLi"&gt;Pension
and retirement benefit obligations:&lt;/span&gt; &lt;/b&gt;The crew on board the vessels owned by the ship-owning companies, wholly owned
subsidiaries of Globus, is employed under short-term contracts (usually up to nine months) and, accordingly, the Company is not
liable for any pension or post-retirement benefits payable to the crew.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Provision for employees&#x2019;
severance compensation: &lt;/b&gt;The Greek employees of the Company are bound by the Greek Labour law. Accordingly, compensation is payable
to such employees upon dismissal or retirement. The amount of compensation is based on the number of years of service and the amount of
remuneration at the date of dismissal or retirement. &lt;span id="xdx_90B_eifrs-full--DescriptionOfNatureOfBenefitsProvidedByPlan_pip0_c20210101__20211231_zR4l5bXIKIAk"&gt;If the employee remains in the employment of the Company until normal retirement
age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were
dismissed at that time.&lt;/span&gt; The number of employees that will remain with the Company until retirement age is not known. The Company has provided
for the employees&#x2019; retirement compensation liability which amounted to $&lt;span id="xdx_902_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20211231_zpC9TuwpSm4a" title="Net defined benefit liability"&gt;114&lt;/span&gt; as at December 31, 2021 (2020: $&lt;span id="xdx_907_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20201231_zbj079E0Oypf" title="Net defined benefit liability"&gt;31&lt;/span&gt;), calculated by using
the Projected Unit Credit Method and disclosed under non-current liabilities in the consolidated statement of financial position.&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 id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_zIxUNzYr2aX2" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.20&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_862_zTiEkMkMe0t4"&gt;Offsetting of financial assets and liabilities:&lt;/span&gt; &lt;/b&gt;Financial assets and liabilities are offset and
the net amount is presented in the consolidated financial position only when the Company has a legally enforceable right to set off the
recognised amounts and intend either to settle such asset and liability on a net basis or to realize the asset and settle the liability
simultaneously.&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 id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_zvPmReIibgzi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.21&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_863_zHUN84GpQmN7"&gt;Financial assets and liabilities:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&lt;span&gt;&#160;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;i. Classification and measurement of
financial assets and financial liabilities&lt;/b&gt;&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Under IFRS 9, on initial recognition, a financial
asset is classified as measured at: amortized cost; fair value through other comprehensive income (FVOCI) - debt investment; FVOCI - equity
investment; or fair value through profit or loss (FVTPL). The classification of financial assets under IFRS 9 is generally based on the
business model in which a financial asset is managed and its contractual cash flow characteristics.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial asset is measured at amortized
cost if it meets both of the following conditions and is not designated as at FVTPL:	&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;it is held within a business model whose objective is to hold assets to collect
contractual cash flows; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.&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 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A debt investment is measured at FVOCI if
it meets both of the following conditions and is not designated as at FVTPL:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;it is held within a business model whose objective is achieved by both collecting
contractual cash flows and selling financial assets; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.&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 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&gt;&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;All financial assets not classified as measured
at amortized cost or FVOCI as described above are measured at FVTPL. On initial recognition, the Company may irrevocably designate a financial
asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly
reduces an accounting mismatch that would otherwise arise.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial asset (unless it is a trade
receivable without a significant financing component that is initially measured at the transaction price) is initially measured at fair
value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;ii. Impairment of financial assets&lt;/b&gt;&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;IFRS 9 replaced the &#x201c;incurred loss&#x201d;
model in IAS 39 with an &#x201c;expected credit loss&#x201d; (ECL) model. The  impairment model applies to financial assets measured
at amortized cost, contract assets and debt investments at FVOCI, but not to investments in equity instruments. Under IFRS 9, credit losses
are recognized earlier than under IAS 39.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The financial assets at amortized cost consist
of trade accounts receivable and cash and cash equivalents.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Under IFRS 9, loss allowances are measured
on either of the following bases:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;12-month ECLs: these are ECLs that result from possible default events within
the 12 months after the reporting date; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;lifetime ECLs: these are ECLs that result from all possible default events
over the expected life of a financial instrument.&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;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;When determining whether the credit risk of
a financial asset has increased significantly since initial recognition and when estimating ECLs, the Company considers reasonable and
supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information
and analyses, based on the Company's historical experience and informed credit assessment and including forward-looking information.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company assumes that the credit risk on
a financial asset has increased significantly if it is more than 180 days past due.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company considers a financial asset to
be in default when:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the counterparty is unlikely to pay its contractual obligations to the Company
in full, without recourse by the Company to actions such as realising security (if any is held); or&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the financial asset is more than 1 year past due.&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 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The maximum period considered when estimating
ECLs is the maximum contractual period over which the Company is exposed to credit risk.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;ECLs are a probability-weighted estimate of
credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between cash flows due to the
entity in accordance with the contract and cash flows that the Company expects to receive). ECLs are discounted at the effective interest
rate of the financial asset.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Loss allowances for financial assets measured
at amortized cost are deducted from the gross carrying amount of the assets.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;iii. Derecognition of financial assets
&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial asset (or, where applicable a
part of a financial asset or part of a group of similar financial assets) is derecognised where:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the rights to receive cash flows from the asset have expired;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the Company retains the right to receive cash flows from the asset, but has
assumed an obligation to pay them in full without material delay to a third party under a &#x201c;pass-through&#x201d; arrangement; or &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the Company has transferred its rights to receive cash flows from the asset
and either (a) has transferred substantially all the risks and rewards of the assets, or (b) has neither transferred nor retained substantially
all the risks and rewards of the asset but has transferred control of the asset.&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;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Where the Company has transferred its rights
to receive cash flows from an asset and has neither transferred nor retained substantially all the risks and rewards of the asset nor
transferred control of the asset, the asset is recognised to the extent of the Company&#x2019;s continuing involvement in the asset.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Continuing involvement that takes the form
of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount
of consideration that the Company could be required to repay.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; 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; 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;

&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: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&gt;&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;iv. Derecognition of Financial liabilities:
&lt;/b&gt;&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial liability is derecognised
when the obligation under the liability is discharged or cancelled or expires.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Where an existing financial liability is replaced
by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such
an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability and, the difference
in the respective carrying amounts is recognised in profit or loss.&lt;/p&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 id="xdx_840_ecustom--DescriptionOfAccountingPolicyForLesseeExplanatory_zFXkscLNbT8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.22&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_867_z5DQJ8kPzel6"&gt;Leases:&lt;/span&gt;&lt;/b&gt; IFRS 16 sets out the principles
for the recognition, measurement, presentation and disclosure of leases for both parties to a contract, i.e. the customer (&#x201c;lessee&#x201d;)
and the supplier (&#x201c;lessor&#x201d;). The new standard requires lessees to recognize most leases on their financial statements. Lessees
will have a single accounting model for all leases, with certain exemptions. Lessor accounting is substantially unchanged.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company has initially adopted IFRS
16 on January 1, 2019 using the modified retrospective approach. On transition, the Company has elected
to apply the practical expedients available for leases with a remaining lease term of less than one year and leases of low value assets.&lt;/p&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Leases &#x2013; where
the Company is the lessee: &lt;/b&gt;The Company applies a single recognition and measurement approach for all leases, except for short term
leases and leases of low value assets. The Company recognizes lease liabilities to make payments and right of use assets representing
the right of use of the underlying asset. The Company recognises right-of-use assets at the commencement date of the lease (i.e., the
date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment
losses and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities
recognised, initial direct costs incurred and lease payments made at or before the commencement date less any lease incentives received.
Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the
assets. If ownership of the leased asset transfers to the Group at the end of the lease term or the cost reflects the exercise of a purchase
option, depreciation is calculated using the estimated useful life of the asset.&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;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;At the commencement
date of the lease, the Company recognises lease liabilities measured at the present value of lease payments to be made over the lease
term. The lease payments include fixed payments (including any in-substance fixed payments) less any lease incentives receivable, variable
lease payments that depend on an index or a rate, and any amounts expected to be paid under residual value guarantees. The lease payments
also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating
the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an
index or a rate are recognised as expenses (unless they are incurred to produce inventories) in the period in which the event or condition
that triggers the payment occurs. In calculating the present value of lease payments, the Company uses its incremental borrowing rate
at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date,
the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition,
the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments
(e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the
assessment of an option to purchase the underlying asset.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;At transition, the Company identified the
rental agreement with Cyberonica S.A., to give rise to a right of use asset and a corresponding liability estimated to approximately $&lt;span id="xdx_905_eifrs-full--RightofuseAssets_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z9AbBlSwFKG9" title="Right of use asset"&gt;&lt;span id="xdx_90B_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z7pV4OaHzYd9" title="Lease liability"&gt;674&lt;/span&gt;&lt;/span&gt;
as at January 1, 2019, calculated as the present value of minimum future lease payments. The discount rate used is the incremental cost
of borrowing, amounting to &lt;span id="xdx_90F_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_uPure_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zI3FLBpstUF1" title="Incremental cost of borrowing"&gt;8%&lt;/span&gt;. In addition, the nature and recognition of expenses related to those leases changed as IFRS 16 replaced
the straight-line operating lease expense with a depreciation charge for right-of-use assets and interest expense on lease liabilities.&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;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The depreciation charge for right-of-use
assets for the years ended December 31, 2021, 2020 and 2019 was approximately $&lt;span id="xdx_907_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_z3fCD1NZ0sIk" title="Depreciation charge for right-of-use assets"&gt;206&lt;/span&gt;, $&lt;span id="xdx_90B_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zIfDJOHNgYb8" title="Depreciation charge for right-of-use assets"&gt;112&lt;/span&gt; and $&lt;span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_z4hR1dFbLNWk" title="Depreciation charge for right-of-use assets"&gt;112&lt;/span&gt;, respectively, and the interest expense
on lease liabilities for the years ended December 31, 2021, 2020 and 2019 was approximately $&lt;span id="xdx_900_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zuD61d0fjx92" title="Interest expense on lease liabilities"&gt;52&lt;/span&gt;, $&lt;span id="xdx_908_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zKsdife3jjHf" title="Interest expense on lease liabilities"&gt;44&lt;/span&gt; and $&lt;span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z78Y9wj4bEE7" title="Interest expense on lease liabilities"&gt;51&lt;/span&gt;, respectively. As at December
31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $&lt;span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zly0esYVT5B1" title="Right of use asset"&gt;888&lt;/span&gt;, $&lt;span id="xdx_909_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zLw2kFiO9Blf" title="Right of use asset"&gt;450&lt;/span&gt; and $&lt;span id="xdx_90C_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zSzZ4vvWdUy7" title="Right of use asset"&gt;562&lt;/span&gt;, respectively.&lt;/p&gt;

&lt;p style="font: 10pt 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"&gt;&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;

&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: 10pt 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: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&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;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Leases &#x2013; where
an entity is the lessor: &lt;/b&gt;Leases of vessels where the entity does not transfer substantially all the risks and benefits of ownership
of the vessel are classified as operating leases. Lease income on operating leases is recognised on a straight-line basis over the lease
term. Contingent rents are recognised as revenue in the period in which they are earned.&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;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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 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. 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 includes crew expenses, maintenance and consumable costs and was approximately $&lt;span id="xdx_90E_eifrs-full--DirectOperatingExpenseFromInvestmentProperty_pn3n3_c20210101__20211231_zkrPJClaJ5Kc"&gt;14,066&lt;/span&gt;
for the year ended December 31, 2021. The lease component that is disclosed then is calculated as the difference between total
revenue and the non-lease component revenue and was approximately $&lt;span id="xdx_908_ecustom--LeaseAndNonleaseComponents_pn3n3_c20210101__20211231_zRkMy0n0Bns2" title="Lease components"&gt;29,145&lt;/span&gt;
for the year ended December 31, 2021.&lt;/p&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 id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForInsuranceContracts_zz9ZtK6Jv6ic" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.23&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86D_zdpgGDRdYwU5"&gt;Insurance:&lt;/span&gt; &lt;/b&gt;The Company recognizes insurance claim recoveries for insured losses incurred on damage
to vessels. Insurance claim recoveries are recorded, net of any deductible amounts, at the time the Company&#x2019;s vessels suffer insured
damages. They include the recoveries from the insurance companies for the claims, provided there is evidence the amounts are virtually
certain to be received.&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 id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zwr68qxBjTbi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&lt;b&gt;2.24&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_866_zJQz0Vf18gPf"&gt;Share
based compensation:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;Globus operates equity-settled, share-based
compensation plans. The value of the service received in exchange of the grant of shares is recognized as an expense. The total amount
to be expensed over the vesting period is determined by reference to the fair value of the share awards at the grant date. The relevant
expense is recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding
impact in equity.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_z0djqPQ7IxHl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&lt;b&gt;2.25&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_z9JIDTRbpXxd"&gt;Share
capital and Warrants&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;: &lt;/span&gt;&lt;/b&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;Common
shares and preferred shares are classified as equity. Incremental costs directly attributable to the issue of new shares are
recognised in equity as a deduction from the proceeds. The Company&#x2019;s warrants meet the classification criteria as per IAS 32
and, accordingly, are classified in equity.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForDividendsExplanatory_zz9AWkL1GALi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.26&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86E_zq2FNtLpfi19"&gt;Dividends&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;:
&lt;/span&gt;&lt;/b&gt;&lt;span style="font-size: 10pt"&gt;Dividends to shareholders are recognised in the period in which the dividends are declared and
appropriately authorised and are accounted for as dividends payable until paid. &lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_zrOxRAxrX5L1" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.27&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_863_zDWfjidU8mde"&gt;Fair
value measurement:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;The Company measures financial instruments, such as, derivatives and
non-financial assets at fair value at each reporting date. In addition, fair values of financial instruments measured at amortised cost
are disclosed in note 21. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction
to sell the asset or transfer the liability takes place either, a) in the principal market for the asset or the liability or b) in the
absence of a principal market, in the most advantageous market for the asset or liability both being accessible by the Company. The fair
value of an asset or a liability is measured using the assumptions that the market participants would use when pricing the asset or liability,
assuming that the market participants act in their best economic interest. A fair value measurement of a non-financial asset takes into
account the market participant&#x2019;s ability to generate economic benefits by using the asset in its highest and best use or by selling
it to another market participant that would use the asset in its highest and best use. 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.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Company
uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique:&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: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Level 1: quoted
(unadjusted) prices in active markets for identical assets or liabilities.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 81pt; text-align: justify; text-indent: -45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Level 2: other
techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Level 3: techniques
which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;For assets
and liabilities that are recognised in the consolidated financial statements on a recurring basis, the Company determines whether transfers
have occurred between levels in the hierarchy by reassessing categorization at the end of each reporting period.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Company
engaged independent valuation specialists to determine the fair value of non-financial assets.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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;



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

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis
of Preparation and Significant Accounting Policies (continued)&lt;/b&gt;&lt;/span&gt;&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; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_843_ecustom--DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_zSImWYvBSWTf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.28&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_863_zVKZw5zVO3gh"&gt;Current
versus non-current classification:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;The Company presents assets and liabilities in the
consolidated statement of financial position based on current/non-current classification.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;An asset as
current when it is:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Expected
                                            to be realised or intended to be sold or consumed in a normal operating cycle &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Held
                                            primarily for the purpose of trading &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Expected
                                            to be realised within twelve months after the reporting period&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Cash
                                            or cash equivalent&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 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;All other
assets are classified as non-current.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;A liability
is current:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;It
                                            is expected to be settled in a normal operating cycle&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;It
                                            is held primarily for the purpose of trading &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;It
                                            is due to be settled within twelve months after the reporting period&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;There
                                            is no unconditional right to defer the settlement of the liability for at least twelve months
                                            after the reporting period.&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 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;All other
liabilities are classified as non-current.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_zkymjf2MieV5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.29&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_zDgnmKMxFWo8"&gt;Embedded
Derivatives:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;An embedded derivative is a component of a hybrid contract that also includes
a non-derivative host, with the effect that some of the cash flows of the combined instrument vary in a way similar to a stand-alone
derivative. An embedded derivative is separated from the host contract if, and only if (IFRS 9.4.3.3):&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(a) the economic
characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(b) a separate
instrument with the same terms as the embedded derivative would meet the definition of a derivative; and&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(c) the hybrid
contract is not measured at fair value with changes in fair value recognised in profit or loss (i.e. a derivative that is embedded in
a financial liability at fair value through profit or loss is not separated).&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForRestrictedCashExplanatory_zUtNdXhMEP17" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.30&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_865_zKTuhqngG5n3"&gt;Restricted
Cash:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;Restricted cash represents pledged cash deposits or minimum liquidity required to
be maintained under the Company's borrowing arrangements. In the event that the obligation to maintain such deposits is expected to be
terminated within the next twelve months, these deposits are classified as current assets. Otherwise they are classified as non-current
assets.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_znlQdGJxENbh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.31&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_zrblGC9BKm51"&gt;Interest
Rate Swap:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&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, maximizing
the use of relevant observable inputs and minimizing the use of unobservable inputs. The valuation technique used for the Interest Rate
Swaps is the discounted cash flow (see also note 21). The Company has not designated these interest rate swaps for hedge accounting.&lt;/span&gt;&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 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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 0 0 18pt; text-align: justify"/&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 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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 consolidated statement of financial position. In the event that the respective asset or liability is expected to be materialized
within the next twelve months, it is classified as current asset or liability. Otherwise, the respective asset or liability is classified
as non-current asset or liability.&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: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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;Gain/
(Loss) on derivative financial instruments&#x201d; in the consolidated statement of comprehensive income/(loss). Realized gains or losses
resulting from interest rate swaps are recognized in profit or loss under &#x201c;Gain / (Loss) on derivative financial instruments&#x201d;
in the consolidated statement of comprehensive income/(loss).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84D_ecustom--DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_zcRWkx6ZZpC8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.32&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_864_zfTQ1QqCQD6h"&gt;Management
&amp;amp; consulting fee income:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;The Company enters into consultancy agreements with other
companies for the purpose of providing consultancy services. For these services the Company receives a fee. The total income from these
fees is classified in the income statement component of the consolidated statement of comprehensive income/(loss) under management &amp;amp;
consulting fee income.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_855_zLonc3dzj8Lb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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;



&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;

</ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory>
    <ifrs-full:DisclosureOfGoingConcernExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84A_eifrs-full--DisclosureOfGoingConcernExplanatory_zmo1DXvPxzpk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.1
&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86C_zvus4WjeRJQf"&gt;Basis of Preparation:&lt;/span&gt; &lt;/b&gt;The consolidated financial statements
have been prepared on a historical cost basis, except for derivative financial instruments which are measured at fair value. The
consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand ($ 000s) except
when otherwise indicated.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify; text-indent: -40pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company performs on a regular basis
an assessment to evaluate its ability to
continue as a going concern.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;In assessing whether the going concern assumption is appropriate, management takes
into account all available information about the future, which is at least, but is not limited to, twelve months from the end of the reporting
period. The degree of consideration depends on the facts in each case and depends on the Company&#x2019;s profitability and ready access to financial resources, In certain cases, management may need to consider a wide range of factors relating to current and
expected profitability, debt repayment schedules, compliance with the financial and security collateral cover ratio covenants under its existing debt agreements and potential sources of replacement financing before it can satisfy itself that the going
concern basis is appropriate. The Company may need to develop detailed cash flow projections as part of its assessment in such cases.
In developing estimates of future cash flows, the Company makes assumptions about the vessels&#x2019; future performance, with the significant assumptions relating to time charter equivalent rates, vessels&#x2019; operating
expenses, vessels&#x2019; capital expenditures, fleet utilization, Company&#x2019;s general
and administrative expenses and cash flow requirements for debt servicing. The assumptions used to develop estimates of future cash flows
are based on historical trends as well as future expectations.&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;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;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 9). As at December 31, 2021, the Company reported a working capital surplus of $&lt;span id="xdx_90D_eifrs-full--CurrentAssetsLiabilities_iI_pn3n6_c20211231_zpaAGZUlRwx5" title="Working capital surplus/ (deficit)"&gt;37.8&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 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The above conditions indicate that the Company is expected to be able to
operate as a going concern and these consolidated financial statements were prepared under this assumption.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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; text-indent: 36pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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; text-indent: 36pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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 current marketplace may 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 quarter of 2020, the Company concluded that the recoverable amounts of the vessels
were lower than their carrying amounts and an impairment loss of $&lt;span id="xdx_901_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_c20200101__20201231_zrzH2mjPbWKl" title="Impairment loss"&gt;4,615
&lt;/span&gt;was recorded (Note 5). The Company has re-assessed impairment indicators  as at December 31, 2021  and
concluded that &lt;span id="xdx_90C_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_do_c20210101__20211231_zjbJQBP3Sv76"&gt;no&lt;/span&gt; further impairment of its vessels should be recorded or previously recognized impairment should be reversed.&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;

&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;

&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"&gt;&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;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;2. &#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of
Preparation and Significant Accounting Policies (continued)&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Statement of Compliance:
&lt;/b&gt;These consolidated financial statements of the Company have been prepared in accordance with &lt;span id="xdx_901_edei--EntityAccountingStandard_c20210101__20211231_zOmYU5LHSq64"&gt;International Financial Reporting Standards&lt;/span&gt;
(&#x201c;IFRS&#x201d;) as issued by the International Accounting Standards Board (&#x201c;IASB&#x201d;).&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Basis of Consolidation:&lt;/b&gt;
The consolidated financial statements comprise the financial statements of Globus and its subsidiaries listed in Note 1. The financial
statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies.&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;All inter-company balances
and transactions have been eliminated upon consolidation. Subsidiaries are fully consolidated from the date on which control is transferred
to the Company and cease to be consolidated from the date on which control is transferred out of the Company.&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:DisclosureOfGoingConcernExplanatory>
    <ifrs-full:CurrentAssetsLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">37800000</ifrs-full:CurrentAssetsLiabilities>
    <ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss>
    <dei:EntityAccountingStandard contextRef="From2021-01-01to2021-12-31">International Financial Reporting Standards</dei:EntityAccountingStandard>
    <ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_846_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_z1xY9VIQiRpb" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.2 &#x202f;&#x202f;&#x202f;&lt;span id="xdx_864_zOYoRsa6Y1A6"&gt;Standards amendments and
interpretations:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The accounting policies adopted are consistent
with those of previous financial year except for the following amended IFRS which have been adopted by the Company as at January 1, 2021:&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IFRS 16 Leases-C&#x3bf;vid 19 Related
Rent Concessions (Amendment)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b/&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendment applies, retrospectively,
to annual reporting periods beginning on or after 1 June 2020. Earlier application is permitted, including in financial statements
not yet authorized for issue at May 28, 2020. IASB amended the standard to provide relief to lessees from applying IFRS 16
guidance on lease modification accounting for rent concessions arising as a direct consequence of the covid-19 pandemic. The
amendment provides a practical expedient for the lessee to account for any change in lease payments resulting from the covid-19
related rent concession the same way it would account for the change under IFRS 16, if the change was not a lease modification, only
if all of the following conditions are met:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 9pt"&gt;The change in lease payments results in revised consideration for the lease
that is substantially the same as, or less than, the consideration for the lease immediately preceding the change.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 9pt"&gt;Any reduction in lease payments affects only payments originally due on or
before June 30, 2021.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 9pt"&gt;There is no substantive change to other terms and conditions of the lease.&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="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendment had no impact on the consolidated
financial statements of the Company.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; 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;/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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Attributing Benefit to Periods of Service
(IAS 19 Employee Benefits) &#x2013; IFRS Interpretation Committee (IFRS IC or IFRIC) Agenda Decision issued May 2021&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The International Financial Reporting Standards
Interpretations Committee issued a final agenda decision in May 2021, under the title "Attributing Benefits to Periods of Service"
(IAS 19), which includes explanatory material regarding the attribution of benefits in periods of service regarding a specific defined
benefit plan analogous to that defined in Article 8 of Greek Law 3198/1955 regarding provision of compensation due to retirement (the
"Labor Law Defined Benefit Plan"). This explanatory information differentiates the way in which the basic principles and regulations
of IAS 19 have been applied in Greece in the previous years, and therefore, according to what is defined in the &#x201c;IASB Due Process
Handbook (par 8.6)&#x201d;, entities that prepare their financial statements in accordance with IFRS are required to amend their Accounting
Policy accordingly. Based on the above, the aforementioned decision is implemented in accordance with paragraphs 19-22 of IAS 8 as a change
in accounting policy. The agenda decision had no impact on the consolidated financial statements of the Company.&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;



&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation
and Significant Accounting Policies (continued)&lt;/p&gt;

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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Standards issued but not yet
effective and not early adopted:&lt;/b&gt;&lt;/p&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Amendment in IFRS 10 Consolidated Financial Statements and
IAS 28 Investments in Associates and Joint Ventures: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments address an acknowledged
inconsistency between the requirements in IFRS 10 and those in IAS 28, in dealing with the sale or contribution of assets between an investor
and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction
involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets
that do not constitute a business, even if these assets are housed in a subsidiary. In December 2015 the IASB postponed the effective
date of this amendment indefinitely pending the outcome of its research project on the equity method of accounting. Management has assessed
that this amendment will have no impact on the Company&#x2019;s financial position or performance.&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;&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;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 1 Presentation of Financial Statements:
Classification of Liabilities as Current or Non-current (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments were initially effective
for annual reporting periods beginning on or after January 1, 2022 with earlier application permitted. However, in response to the covid-19
pandemic, the Board has deferred the effective date by one year, i.e. 1 January 2023, to provide companies with more time to implement
any classification changes resulting from the amendments. The amendments aim to promote consistency in applying the requirements by helping
companies determine whether, in the statement of financial position, debt and other liabilities with an uncertain settlement date should
be classified as current or non-current. The amendments affect the presentation of liabilities in the statement of financial position
and do not change existing requirements around measurement or timing of recognition of any asset, liability, income or expenses, nor the
information that entities disclose about those items. Also, the amendments clarify the classification requirements for debt which may
be settled by the company issuing own equity instruments.&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;In November 2021, the Board issued an
exposure draft (ED), which clarifies how to treat liabilities that are subject to covenants to be complied with, at a date
subsequent to the reporting period. In particular, the Board proposes narrow scope amendments to IAS 1 which effectively reverse the
2020 amendments requiring entities to classify as current, liabilities subject to covenants that must only be complied with within
the next twelve months after the reporting period, if those covenants are not met at the end of the reporting period. Instead, the
proposals would require entities to present separately all non-current liabilities subject to covenants to be complied with only
within twelve months after the reporting period. Furthermore, if entities do not comply with such future covenants at the end of the
reporting period, additional disclosures will be required. The proposals will become effective for annual reporting periods
beginning on or after January 1, 2024 and will need to be applied retrospectively in accordance with IAS 8, while early adoption is
permitted. The Board has also proposed to delay the effective date of the 2020 amendments accordingly, such that entities will not
be required to change current practice before the proposed amendments come into effect. Management has assessed that these
amendments will have no impact on the Company&#x2019;s financial position or performance.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 14.15pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IFRS 3 Business Combinations; IAS 16
Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets as well as Annual Improvements 2018-2020
(Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments are effective for annual
periods beginning on or after January 1, 2022, with earlier application permitted. The IASB has issued narrow-scope amendments to the
IFRS Standards as follows:&lt;/p&gt;

&lt;p style="font: 10pt 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: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b&gt;IFRS 3 Business Combinations (Amendments)&lt;/b&gt; update a reference in IFRS 3 to the Conceptual Framework
for Financial Reporting without changing the accounting requirements for business combinations.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b&gt;IAS 16 Property, Plant and Equipment (Amendments)&lt;/b&gt; prohibit a company from deducting from the cost
of property, plant and equipment amounts received from selling items produced while the company is preparing the asset for its intended
use. Instead, a company will recognize such sales proceeds and related cost in profit or loss.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;



&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b/&gt;

&lt;p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"&gt;&lt;b&gt;IAS 37 Provisions, Contingent Liabilities and Contingent
Assets (Amendments)&lt;/b&gt; specify which costs a company includes in determining the cost of fulfilling a contract for the purpose of assessing
whether a contract is onerous.&lt;/p&gt;
&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;b/&gt;

&lt;p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"&gt;&lt;b&gt;Annual Improvements 2018-2020&lt;/b&gt; make minor amendments
to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IAS 41 Agriculture and the
Illustrative Examples accompanying IFRS 16 Leases.&lt;/p&gt;
&lt;p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 0pt"&gt;&#160;&lt;/p&gt;
&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Management has assessed that these amendments
will have no impact on the Company&#x2019;s financial position or performance.&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;IFRS 16 Leases -C&#x3bf;vid 19 Related
Rent Concessions beyond June 30, 2021 (Amendment)&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Amendment applies to annual
reporting periods beginning on or after April 1, 2021, with earlier application permitted, including in financial statements not yet
authorized for issue at the date the amendment is issued. In March 2021, the Board amended the conditions of the practical expedient
in IFRS 16 that provides relief to lessees from applying the IFRS 16 guidance on lease modifications to rent concessions arising as
a direct consequence of the covid-19 pandemic. Following the amendment, the practical expedient now applies to rent concessions for
which any reduction in lease payments affects only payments originally due on or before June 30, 2022, provided the other
conditions for applying the practical expedient are met. Management has assessed will have no impact on the Company&#x2019;s
financial position or performance.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 32.15pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b/&gt;&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 0 0 18pt; text-align: justify"/&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;


&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation
and Significant Accounting Policies (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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 1 Presentation of Financial Statements
and IFRS Practice Statement 2: Disclosure of Accounting policies (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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 &#x2018;significant&#x2019;
accounting policies with a requirement to disclose &#x2018;material&#x2019; 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 has assessed that these amendments will have no impact on the Company&#x2019;s financial position or performance.&lt;/p&gt;


&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 8 Accounting policies, Changes in Accounting
Estimates and Errors: Definition of Accounting Estimates (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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
has assessed that these amendments will have no impact on the Company&#x2019;s financial position or performance.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;IAS 12 Income taxes: Deferred Tax related
to Assets and Liabilities arising from a Single Transaction (Amendments)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The amendments are effective for annual periods
beginning on or after January 1, 2023 with earlier application permitted. In May 2021, the Board issued amendments to IAS 12, which narrow
the scope of the initial recognition exception under IAS 12 and specify how companies should account for deferred tax on transactions
such as leases and decommissioning obligations. Under the amendments, the initial recognition exception does not apply to transactions
that, on initial recognition, give rise to equal taxable and deductible temporary differences. It only applies if the recognition of a
lease asset and lease liability (or decommissioning liability and decommissioning asset component) give rise to taxable and deductible
temporary differences that are not equal. Management has assessed that these amendments will have no impact on the Company&#x2019;s financial
position or performance.&lt;/p&gt;

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

</ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations>
    <ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84F_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zMgImAsxEbU6" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.3
&#x202f;&#x202f;&#x202f;&lt;/b&gt;&lt;span id="xdx_867_zaAG7ETBxTE6" style="font: bold 10pt Times New Roman, Times, Serif"&gt;Significant
accounting policies, judgments, estimates and assumptions:&lt;/span&gt; The preparation of consolidated financial statements in conformity
with IFRS requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amounts of revenues
and expenses recognised during the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes
that could require a material adjustment to the carrying amount of the asset or liability affected in the future.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -21.25pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Judgments: &lt;/b&gt;In
the process of applying the Company&#x2019;s accounting policies, management has made the following judgments that had a significant effect
on the amounts recognised in the consolidated financial statements.&lt;/p&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;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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;&lt;i&gt;Provision for expected credit losses: &lt;/i&gt;The Company
                                                                                                     measures allowance for all trade accounts receivable under the simplified model using the lifetime expected credit loss
                                                                                                     (&#x201c;ECL&#x201d;) approach. When estimating ECLs, the Company considers reasonable and supportable information that is available
                                                                                                     without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic
                                                                                                     conditions. Provisions for expected credit losses as at December 31, 2021 and 2020, were $&lt;span id="xdx_907_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zfm31i9wYZak" title="Provision for doubtful trade receivables"&gt;8&lt;/span&gt;
                                                                                                     and nil, respectively. &lt;span id="xdx_900_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20200101__20201231_zxySlBlcSPbl" style="display: none" title="Provision for doubtful trade receivables"&gt;0&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; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Estimates and assumptions: &lt;/b&gt;The key assumptions
concerning the future and other key sources of estimation uncertainty at the financial position date, that have a significant risk of
causing a significant adjustment to the carrying amount of assets and liabilities within the next financial year, are discussed below.
The Company based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing
circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond
the control of the Company. Such changes are reflected in the assumptions when they occur.&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: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;i&gt;Carrying amount of vessels, net&lt;/i&gt;: Vessels are stated at cost, less accumulated depreciation (including
depreciation of dry-docking costs and the amortization of the component attributable to favourable or unfavourable lease terms relative
to market terms) and accumulated impairment losses. The estimates and assumptions that have the most significant effect on the vessels
carrying amount are estimations in relation to useful lives of vessels, their residual value and estimated dry docking dates. The key
assumptions used are further explained in notes 2.9 to 2.13.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-family: Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Impairment
                                            of Non-Financial Assets and Reversal of previously recognized impairment losses&lt;/i&gt;: &#160;&#160;The
                                            Company&#x2019;s impairment test for non-financial assets is based on the assets&#x2019; recoverable
                                            amount, where the recoverable amount is the greater of fair value less costs to sell and
                                            value in use. The Company engaged independent valuation specialists to determine the fair
                                            value of non-financial assets as at December 31, 2021 and 2020. The value in use calculation
                                            is based on a discounted cash flow model. The value in use calculation is most sensitive
                                            to the discount rate used for the discounted cash flow model as well as the expected net
                                            cash flows. See notes 2.13 and 5. The Company assesses also at each reporting date whether
                                            there is any indication that an impairment loss recognized in prior periods for a vessel
                                            may no longer exist or may have decreased.&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: -14.15pt"/&gt;


&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -14.15pt"&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: -14.15pt"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&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;&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; text-align: justify"/&gt;

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




</ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory>
    <glbs:AllowanceForDoubtfulTradeReceivables
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">8000</glbs:AllowanceForDoubtfulTradeReceivables>
    <glbs:AllowanceForDoubtfulTradeReceivables
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">0</glbs:AllowanceForDoubtfulTradeReceivables>
    <ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zWoNq07zRX7b" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.4&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_866_zqPdrcYIL2Qb"&gt;Accounting for revenue and related expenses:&lt;/span&gt;&lt;/b&gt; The Company generates
its revenues from charterers for the charter hire of its vessels. Vessels are chartered using time charters and bareboat, 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 and the Company is required to disclose lease and non-lease components
of lease revenue. Associated voyage expenses 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.&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 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Interest income&lt;/b&gt;: interest
income is recognised as interest on an accrual basis.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Voyage expenses&lt;/b&gt;: Voyage expenses primarily
consisting of port, canal and bunker expenses that are unique to a particular charter under time charter arrangements are paid by the
charterer. Furthermore, voyage expenses include brokerage commission on revenue which is paid by the Company. Voyage expenses are accounted
for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all voyage expenses and risk of operation.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Vessel operating expenses&lt;/b&gt;: Vessel operating
costs include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs. Under bareboat charter
arrangements, these expenses are paid by the charterer and by the Company under time charter and voyage charter arrangements. Vessel operating
expenses are accounted for on an accrual basis. Under a bareboat charter, the charterer assumes responsibility for all vessel operating
expenses and risk of operation.&lt;/p&gt;

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


</ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue>
    <ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zPds4Pls9JMf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.5&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_867_zvF5i80PW5q3"&gt;Foreign currency translation:&lt;/span&gt;&lt;/b&gt; The functional currency of Globus and
its subsidiaries is the U.S. dollar, which is also the presentation currency of the Company, since the Company&#x2019;s vessels operate
in international shipping markets, whereby the U.S. dollar is the currency used for transactions. Transactions involving other currencies
during the period are converted into U.S. dollars using the exchange rates in effect at the time of the transactions. At the financial
position dates, monetary assets and liabilities, which are denominated in currencies other than the U.S. dollar, are translated into the
functional currency using the period-end exchange rate. Gains or losses resulting from foreign currency transactions are included in foreign
exchange gains/(losses), net in the consolidated statement of comprehensive income/(loss).&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 0 0 18pt; text-align: justify"/&gt;


</ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_zB92ieplxWA3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.6&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_862_zRIzGnW73ox"&gt;Cash and cash equivalents:&lt;/span&gt;&lt;/b&gt; The Company considers highly liquid investments
such as time deposits and certificates of deposit with original maturity of three months or less to be cash and cash equivalents.&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;


</ifrs-full:DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_z2pQ0SxcMvt5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.7&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_866_z6xCs76nfbPc"&gt;Trade
accounts receivable, net&lt;/span&gt;&lt;/b&gt;&lt;b&gt;&lt;i&gt;: &lt;/i&gt;&lt;/b&gt;The amount shown as trade accounts receivable at each financial position date
includes estimated recoveries from charterers for hire, net of an allowance for doubtful accounts. Trade accounts receivable without
a significant financing component are initially measured at their transaction price and subsequently measured at amortized cost less
impairment losses, which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position
date, all potentially uncollectible accounts are assessed individually for the purpose of determining the appropriate provision for
expected credit losses. The provision for expected credit losses at December 31, 2021 was $&lt;span id="xdx_90C_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zQ23y6ZTTDBa"&gt;8 &lt;/span&gt;(2020:
nil).&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 0 0 18pt; text-align: justify"/&gt;


</ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory>
    <glbs:AllowanceForDoubtfulTradeReceivables
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">8000</glbs:AllowanceForDoubtfulTradeReceivables>
    <ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zsKVBNb0JPGc" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.8&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86B_zXlvD8C1tqR3"&gt;Inventories:&lt;/span&gt;&lt;/b&gt; Inventories consist of lubricants, bunkers and gas cylinders and are stated at the
lower of cost and net realisable value. The cost is determined by the first-in, first-out method.&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 0 0 18pt; text-align: justify"/&gt;


</ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories>
    <ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zD1OikEbOGA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.9&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_869_zkc2mUVLN9xb"&gt;Vessels,
net:&lt;/span&gt;&lt;/b&gt; Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking costs and amortization
of components attributable to favourable or unfavourable lease terms relative to market terms) and accumulated impairment losses. Vessel
cost consists of the contract price for the vessel and any material expenses incurred upon acquisition (initial repairs, improvements
and delivery expenses, interest, commissions paid and on-site supervision costs incurred during the construction periods). Subsequent
expenditures for conversions and major improvements are also capitalised when the recognition criteria are met. Otherwise these amounts
are charged to expenses as incurred.&#160;&lt;/p&gt;

&lt;p style="font: 10pt 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;&lt;b/&gt;&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 0 0 18pt; 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 18pt; text-align: justify"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_zSm0H9zAA8cg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.10&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zZuXkxFPMKId"&gt;Dry-docking costs&lt;/span&gt;&lt;/b&gt;: &lt;span style="font-weight: normal"&gt;Vessels are required to be dry-docked for major repairs and maintenance
that cannot be performed while the vessels are operating. Dry-dockings occur approximately every &lt;span id="xdx_900_ecustom--IntervalBetweenVesselDrydockingSpecialSurvey_dtY_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zbf7cBFb9dGf"&gt;2.5&lt;/span&gt;
years&lt;/span&gt;&lt;span style="font-weight: normal"&gt;. The costs associated with the dry-dockings are capitalised and depreciated on
a straight-line basis over the period between dry-dockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management
estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled dry-docking of the
vessel under the ownership of the Company and this component is depreciated on a &lt;span id="xdx_902_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zo08hnrHGOJd"&gt;straight-line
basis&lt;/span&gt;&lt;/span&gt; &lt;span style="font-weight: normal"&gt;over the remaining period through the estimated dry-docking date.&lt;/span&gt;&lt;/p&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;&#160;&lt;/b&gt;&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"/&gt;


</ifrs-full:DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory>
    <glbs:IntervalBetweenVesselDrydockingSpecialSurvey contextRef="From2021-01-012021-12-31_custom_DeferredDryDockingCostsMember">P2Y6M</glbs:IntervalBetweenVesselDrydockingSpecialSurvey>
    <ifrs-full:DepreciationMethodPropertyPlantAndEquipment contextRef="From2021-01-012021-12-31_custom_DeferredDryDockingCostsMember">straight-line
basis</ifrs-full:DepreciationMethodPropertyPlantAndEquipment>
    <ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_846_eifrs-full--DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_zPICpNOS8q7g" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.11&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86B_z6I0KTxTxf6f"&gt;Depreciation:
&lt;/span&gt;&lt;/b&gt;The cost of each of the Company&#x2019;s vessels is depreciated on a &lt;span id="xdx_90D_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pip0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zxalKg0dCct3" title="Depreciation method"&gt;straight-line
basis&lt;/span&gt; over each vessel&#x2019;s remaining useful economic life, after considering the estimated residual value of each vessel,
beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels is &lt;span id="xdx_901_eifrs-full--DescriptionOfUsefulLifePropertyPlantAndEquipment_pip0_dt_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zqU53Vp3cVEc" title="Useful life"&gt;25
years&lt;/span&gt;, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and
estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively.
During 2019 and 2020 the Company maintained the same scrap rate at $&lt;span id="xdx_908_ecustom--VesselsScrapRatePerTon_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zpMLPnYmQ19b" title="Vessels scrap rate per ton"&gt;&lt;span id="xdx_906_ecustom--VesselsScrapRatePerTon_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z5y2Pa2wDCwe" title="Vessels scrap rate per ton"&gt;300&lt;/span&gt;&lt;/span&gt;/ton.
During the fourth quarter of 2021, the Company adjusted the scrap rate from $300/ton to $&lt;span id="xdx_90C_ecustom--VesselsScrapRatePerTon_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zOL2jPvxRP9e" title="Vessels scrap rate per ton"&gt;380&lt;/span&gt;/ton
due to the increased scrap rates worldwide. This resulted to a decrease of $&lt;span id="xdx_900_ecustom--ExtraDepreciationPropertyPlantAndEquipment_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zuGqPzE8WeRj" title="Decrease in depreciation expense due to changes in scrap rate"&gt;145&lt;/span&gt; to the depreciation charge included in the consolidated
statement of comprehensive income/(loss) for 2021.&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;


</ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory>
    <ifrs-full:DepreciationMethodPropertyPlantAndEquipment contextRef="From2021-01-012021-12-31_custom_VesselsMember">straight-line
basis</ifrs-full:DepreciationMethodPropertyPlantAndEquipment>
    <ifrs-full:DescriptionOfUsefulLifePropertyPlantAndEquipment contextRef="From2021-01-012021-12-31_custom_VesselsMember">25
years</ifrs-full:DescriptionOfUsefulLifePropertyPlantAndEquipment>
    <glbs:VesselsScrapRatePerTon
      contextRef="From2020-01-012020-12-31_custom_VesselsMember"
      decimals="-3"
      unitRef="USD">300000</glbs:VesselsScrapRatePerTon>
    <glbs:VesselsScrapRatePerTon
      contextRef="From2019-01-012019-12-31_custom_VesselsMember"
      decimals="-3"
      unitRef="USD">300000</glbs:VesselsScrapRatePerTon>
    <glbs:VesselsScrapRatePerTon
      contextRef="From2021-01-012021-12-31_custom_VesselsMember"
      decimals="-3"
      unitRef="USD">380000</glbs:VesselsScrapRatePerTon>
    <glbs:ExtraDepreciationPropertyPlantAndEquipment
      contextRef="From2021-01-012021-12-31_custom_VesselsMember"
      decimals="-3"
      unitRef="USD">-145000</glbs:ExtraDepreciationPropertyPlantAndEquipment>
    <ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForLeasesExplanatory_zsBIs2ObOeLl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.12&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zebiargfeIW3"&gt;Amortization of lease component:&lt;/span&gt;&lt;/b&gt; When the Company acquires a vessel subject to an operating lease;
it amortizes the amount reflected in the cost of that vessel that is attributable to favourable or unfavourable lease terms relevant to
market terms, over the remaining term of the lease&lt;span style="background-color: white"&gt;. The amortization is included in the line &#x201c;amortization&lt;/span&gt;
of fair value of time charter attached to vessels&#x201d; in the income statement component of the consolidated statement of comprehensive
income/(loss).&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;


</ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_zS0rFotRDzn9" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.13&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zfzodF1H30Xc"&gt;Impairment
of Long-Lived Assets and Reversal of previously recognized impairment losses:&lt;/span&gt;&lt;/b&gt; The Company assesses at each reporting date
whether there is an indication that a vessel may be impaired. The vessel&#x2019;s recoverable amount is estimated when events or
changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value
exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the
greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted
to their present value using a discount rate that reflects current market assessments of the time value of money and the risks
specific to the vessel. Impairment losses are recognised in the consolidated statement of comprehensive income/(loss). The Company
assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a
vessel may no longer exist or may have decreased. A previously recognised impairment loss is reversed only if there has been a
change in the estimates used to determine the asset&#x2019;s recoverable amount since the last impairment loss was recognised. If
that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the
carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised for the asset in prior
years. Such reversal is recognised in the consolidated statement of comprehensive income/(loss). After such a reversal, the
depreciation charge is adjusted in future periods to allocate the asset&#x2019;s revised carrying amount, less any residual value, on
a systematic basis over its remaining useful life (refer to note 5).&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;


</ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zAhP3GOIvtr3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.14&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86C_zOhKTaooI6lf"&gt;Long-term debt:&lt;/span&gt;&lt;/b&gt; Long-term debt is initially recognised at the fair value of the consideration received
net of financing costs directly attributable to the borrowing. After initial recognition, long-term debt is subsequently measured at amortized
cost using the effective interest rate method. Amortized cost is calculated by taking into account any financing costs and any discount
or premium on settlement. Gains and losses are recognised in the income statement component of the consolidated statement of comprehensive
income/(loss) when the liabilities are derecognised or impaired, as well as through the amortization process.&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;

</ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinanceCostsExplanatory_zgQhoG8IeMq4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.15&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zV2lMqgZ4Qd"&gt;Financing
costs:&lt;/span&gt;&lt;/b&gt; Fees incurred for obtaining new loans or refinancing existing loans are deferred and amortized over the life of the
related debt, using the effective interest rate method. Any unamortized balance of costs relating to loans repaid or refinanced is expensed
in the period the repayment or refinancing is made. For the year ended December 31, 2021, the Company deferred financing costs of $&lt;span id="xdx_903_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zMOfhEmmDOqg"&gt;545&lt;/span&gt;,
which relate to the costs incurred for the loan agreement with CIT Bank N.A. (This loan facility is referred to as the CIT Loan Facility,
see Note 11 for more details). For the year ended December 31, 2020, the Company did not incur any financing costs. For the year ended
December 31, 2019, the Company deferred financing costs of $&lt;span id="xdx_90F_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zdMRhgoLWamj"&gt;880&lt;/span&gt;,
which relate to the costs incurred for the loan agreement with EnTrust Global&#x2019;s Blue Ocean Fund (see Note 11 for more details).&lt;span id="xdx_90E_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20200101__20201231_zldE7K5PYa74" style="display: none"&gt;0&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory>
    <ifrs-full:BorrowingCostsCapitalised
      contextRef="From2021-01-012021-12-31_custom_CiTMember"
      decimals="-3"
      unitRef="USD">545000</ifrs-full:BorrowingCostsCapitalised>
    <ifrs-full:BorrowingCostsCapitalised
      contextRef="From2019-01-012019-12-31_custom_EnTrustMember"
      decimals="-3"
      unitRef="USD">880000</ifrs-full:BorrowingCostsCapitalised>
    <ifrs-full:BorrowingCostsCapitalised
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:BorrowingCostsCapitalised>
    <ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84B_eifrs-full--DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_zVnWJn9zJvuh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.16&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_zdNSyEacuHod"&gt;Borrowing costs:&lt;/span&gt;&lt;/b&gt;
Borrowing costs consist of interest and other costs that the Company incurs in connection with the borrowing of funds. Borrowing costs
are expensed to the income statement component of the consolidated statement of comprehensive income/(loss) as incurred under &#x201c;interest
expense and finance costs&#x201d; except borrowing costs that relate to a qualifying asset. A qualifying asset is an asset that necessarily
takes a substantial period of time to get ready for its intended use. Borrowing costs that relate to qualifying assets are capitalised.&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;



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

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b/&gt;&lt;/p&gt;



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

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&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;


</ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84F_eifrs-full--DescriptionOfAccountingPolicyForSegmentReportingExplanatory_zEbacq1I3Xtd" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.17&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_861_zGLFH480D6wi"&gt;Operating segment:&lt;/span&gt;&lt;/b&gt; The Company reports financial information and evaluates its operations by charter
revenues and not by other factors such as length of ship employment for its customers i.e., spot or time charters or type of vessel. The
Company does not use discrete financial information to evaluate the operating results for each such type of charter. Although revenue
can be identified for these types of charters, management cannot and does not identify expenses, profitability or other financial information
for these charters. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue
per day and operating results of the fleet and thus the Company has determined that it operates as &lt;span id="xdx_908_ecustom--NumberOfOperatingSegments_dc_uPure_c20210101__20211231_zQFbst39HIRi"&gt;one&lt;/span&gt; operating segment. Furthermore,
when the Company charters a vessel to a charterer, the charterer is free to trade the vessel worldwide and, as a result, the disclosure
of geographical information is impracticable.&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 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b/&gt;&lt;/p&gt;



&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&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;


</ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory>
    <glbs:NumberOfOperatingSegments
      contextRef="From2021-01-01to2021-12-31"
      decimals="INF"
      unitRef="Pure">1</glbs:NumberOfOperatingSegments>
    <ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zL6e323Pfjo8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.18&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86F_zVqYGGIK2td2"&gt;Provisions and contingencies:&lt;/span&gt; &lt;/b&gt;Provisions are recognized when the Company has a present legal or
constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required
to settle the obligation and, a reliable estimate of the amount of the obligation can be made. Provisions are reviewed at each financial
position date and adjusted to reflect the present value of the expenditure expected to be required to settle the obligation. Contingent
liabilities are not recognized in the consolidated financial statements but are disclosed unless the possibility of an outflow of resources
embodying economic benefits is remote, in which case there is no disclosure. Contingent assets are not recognized in the consolidated
financial statements but are disclosed when an inflow of economic benefits is probable.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -30pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForTerminationBenefits_zhfL6waAs8K4" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.19&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_869_zsbFlZdnNXLi"&gt;Pension
and retirement benefit obligations:&lt;/span&gt; &lt;/b&gt;The crew on board the vessels owned by the ship-owning companies, wholly owned
subsidiaries of Globus, is employed under short-term contracts (usually up to nine months) and, accordingly, the Company is not
liable for any pension or post-retirement benefits payable to the crew.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Provision for employees&#x2019;
severance compensation: &lt;/b&gt;The Greek employees of the Company are bound by the Greek Labour law. Accordingly, compensation is payable
to such employees upon dismissal or retirement. The amount of compensation is based on the number of years of service and the amount of
remuneration at the date of dismissal or retirement. &lt;span id="xdx_90B_eifrs-full--DescriptionOfNatureOfBenefitsProvidedByPlan_pip0_c20210101__20211231_zR4l5bXIKIAk"&gt;If the employee remains in the employment of the Company until normal retirement
age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were
dismissed at that time.&lt;/span&gt; The number of employees that will remain with the Company until retirement age is not known. The Company has provided
for the employees&#x2019; retirement compensation liability which amounted to $&lt;span id="xdx_902_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20211231_zpC9TuwpSm4a" title="Net defined benefit liability"&gt;114&lt;/span&gt; as at December 31, 2021 (2020: $&lt;span id="xdx_907_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20201231_zbj079E0Oypf" title="Net defined benefit liability"&gt;31&lt;/span&gt;), calculated by using
the Projected Unit Credit Method and disclosed under non-current liabilities in the consolidated statement of financial position.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;


</ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits>
    <ifrs-full:DescriptionOfNatureOfBenefitsProvidedByPlan contextRef="From2021-01-01to2021-12-31">If the employee remains in the employment of the Company until normal retirement
age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were
dismissed at that time.</ifrs-full:DescriptionOfNatureOfBenefitsProvidedByPlan>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">114000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">31000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_zIxUNzYr2aX2" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.20&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_862_zTiEkMkMe0t4"&gt;Offsetting of financial assets and liabilities:&lt;/span&gt; &lt;/b&gt;Financial assets and liabilities are offset and
the net amount is presented in the consolidated financial position only when the Company has a legally enforceable right to set off the
recognised amounts and intend either to settle such asset and liability on a net basis or to realize the asset and settle the liability
simultaneously.&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;


</ifrs-full:DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_zvPmReIibgzi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.21&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_863_zHUN84GpQmN7"&gt;Financial assets and liabilities:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&lt;span&gt;&#160;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;i. Classification and measurement of
financial assets and financial liabilities&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Under IFRS 9, on initial recognition, a financial
asset is classified as measured at: amortized cost; fair value through other comprehensive income (FVOCI) - debt investment; FVOCI - equity
investment; or fair value through profit or loss (FVTPL). The classification of financial assets under IFRS 9 is generally based on the
business model in which a financial asset is managed and its contractual cash flow characteristics.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial asset is measured at amortized
cost if it meets both of the following conditions and is not designated as at FVTPL:	&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;it is held within a business model whose objective is to hold assets to collect
contractual cash flows; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.&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 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A debt investment is measured at FVOCI if
it meets both of the following conditions and is not designated as at FVTPL:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;it is held within a business model whose objective is achieved by both collecting
contractual cash flows and selling financial assets; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;its contractual terms give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.&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 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;All financial assets not classified as measured
at amortized cost or FVOCI as described above are measured at FVTPL. On initial recognition, the Company may irrevocably designate a financial
asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly
reduces an accounting mismatch that would otherwise arise.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial asset (unless it is a trade
receivable without a significant financing component that is initially measured at the transaction price) is initially measured at fair
value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;ii. Impairment of financial assets&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;IFRS 9 replaced the &#x201c;incurred loss&#x201d;
model in IAS 39 with an &#x201c;expected credit loss&#x201d; (ECL) model. The  impairment model applies to financial assets measured
at amortized cost, contract assets and debt investments at FVOCI, but not to investments in equity instruments. Under IFRS 9, credit losses
are recognized earlier than under IAS 39.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The financial assets at amortized cost consist
of trade accounts receivable and cash and cash equivalents.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Under IFRS 9, loss allowances are measured
on either of the following bases:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;12-month ECLs: these are ECLs that result from possible default events within
the 12 months after the reporting date; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;lifetime ECLs: these are ECLs that result from all possible default events
over the expected life of a financial instrument.&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;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;When determining whether the credit risk of
a financial asset has increased significantly since initial recognition and when estimating ECLs, the Company considers reasonable and
supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information
and analyses, based on the Company's historical experience and informed credit assessment and including forward-looking information.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company assumes that the credit risk on
a financial asset has increased significantly if it is more than 180 days past due.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company considers a financial asset to
be in default when:&lt;/p&gt;

&lt;p style="font: 10pt 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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the counterparty is unlikely to pay its contractual obligations to the Company
in full, without recourse by the Company to actions such as realising security (if any is held); or&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the financial asset is more than 1 year past due.&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 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The maximum period considered when estimating
ECLs is the maximum contractual period over which the Company is exposed to credit risk.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;ECLs are a probability-weighted estimate of
credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between cash flows due to the
entity in accordance with the contract and cash flows that the Company expects to receive). ECLs are discounted at the effective interest
rate of the financial asset.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Loss allowances for financial assets measured
at amortized cost are deducted from the gross carrying amount of the assets.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;iii. Derecognition of financial assets
&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial asset (or, where applicable a
part of a financial asset or part of a group of similar financial assets) is derecognised where:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the rights to receive cash flows from the asset have expired;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the Company retains the right to receive cash flows from the asset, but has
assumed an obligation to pay them in full without material delay to a third party under a &#x201c;pass-through&#x201d; arrangement; or &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;the Company has transferred its rights to receive cash flows from the asset
and either (a) has transferred substantially all the risks and rewards of the assets, or (b) has neither transferred nor retained substantially
all the risks and rewards of the asset but has transferred control of the asset.&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;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Where the Company has transferred its rights
to receive cash flows from an asset and has neither transferred nor retained substantially all the risks and rewards of the asset nor
transferred control of the asset, the asset is recognised to the extent of the Company&#x2019;s continuing involvement in the asset.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Continuing involvement that takes the form
of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount
of consideration that the Company could be required to repay.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; 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; 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;

&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: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;iv. Derecognition of Financial liabilities:
&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;A financial liability is derecognised
when the obligation under the liability is discharged or cancelled or expires.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Where an existing financial liability is replaced
by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such
an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability and, the difference
in the respective carrying amounts is recognised in profit or loss.&lt;/p&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;


</ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory>
    <glbs:DescriptionOfAccountingPolicyForLesseeExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_840_ecustom--DescriptionOfAccountingPolicyForLesseeExplanatory_zFXkscLNbT8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.22&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_867_z5DQJ8kPzel6"&gt;Leases:&lt;/span&gt;&lt;/b&gt; IFRS 16 sets out the principles
for the recognition, measurement, presentation and disclosure of leases for both parties to a contract, i.e. the customer (&#x201c;lessee&#x201d;)
and the supplier (&#x201c;lessor&#x201d;). The new standard requires lessees to recognize most leases on their financial statements. Lessees
will have a single accounting model for all leases, with certain exemptions. Lessor accounting is substantially unchanged.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The Company has initially adopted IFRS
16 on January 1, 2019 using the modified retrospective approach. On transition, the Company has elected
to apply the practical expedients available for leases with a remaining lease term of less than one year and leases of low value assets.&lt;/p&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Leases &#x2013; where
the Company is the lessee: &lt;/b&gt;The Company applies a single recognition and measurement approach for all leases, except for short term
leases and leases of low value assets. The Company recognizes lease liabilities to make payments and right of use assets representing
the right of use of the underlying asset. The Company recognises right-of-use assets at the commencement date of the lease (i.e., the
date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment
losses and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities
recognised, initial direct costs incurred and lease payments made at or before the commencement date less any lease incentives received.
Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the
assets. If ownership of the leased asset transfers to the Group at the end of the lease term or the cost reflects the exercise of a purchase
option, depreciation is calculated using the estimated useful life of the asset.&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;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;At the commencement
date of the lease, the Company recognises lease liabilities measured at the present value of lease payments to be made over the lease
term. The lease payments include fixed payments (including any in-substance fixed payments) less any lease incentives receivable, variable
lease payments that depend on an index or a rate, and any amounts expected to be paid under residual value guarantees. The lease payments
also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating
the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an
index or a rate are recognised as expenses (unless they are incurred to produce inventories) in the period in which the event or condition
that triggers the payment occurs. In calculating the present value of lease payments, the Company uses its incremental borrowing rate
at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date,
the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition,
the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments
(e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the
assessment of an option to purchase the underlying asset.&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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;At transition, the Company identified the
rental agreement with Cyberonica S.A., to give rise to a right of use asset and a corresponding liability estimated to approximately $&lt;span id="xdx_905_eifrs-full--RightofuseAssets_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z9AbBlSwFKG9" title="Right of use asset"&gt;&lt;span id="xdx_90B_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_z7pV4OaHzYd9" title="Lease liability"&gt;674&lt;/span&gt;&lt;/span&gt;
as at January 1, 2019, calculated as the present value of minimum future lease payments. The discount rate used is the incremental cost
of borrowing, amounting to &lt;span id="xdx_90F_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_uPure_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zI3FLBpstUF1" title="Incremental cost of borrowing"&gt;8%&lt;/span&gt;. In addition, the nature and recognition of expenses related to those leases changed as IFRS 16 replaced
the straight-line operating lease expense with a depreciation charge for right-of-use assets and interest expense on lease liabilities.&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;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;The depreciation charge for right-of-use
assets for the years ended December 31, 2021, 2020 and 2019 was approximately $&lt;span id="xdx_907_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_z3fCD1NZ0sIk" title="Depreciation charge for right-of-use assets"&gt;206&lt;/span&gt;, $&lt;span id="xdx_90B_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zIfDJOHNgYb8" title="Depreciation charge for right-of-use assets"&gt;112&lt;/span&gt; and $&lt;span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_z4hR1dFbLNWk" title="Depreciation charge for right-of-use assets"&gt;112&lt;/span&gt;, respectively, and the interest expense
on lease liabilities for the years ended December 31, 2021, 2020 and 2019 was approximately $&lt;span id="xdx_900_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zuD61d0fjx92" title="Interest expense on lease liabilities"&gt;52&lt;/span&gt;, $&lt;span id="xdx_908_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zKsdife3jjHf" title="Interest expense on lease liabilities"&gt;44&lt;/span&gt; and $&lt;span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z78Y9wj4bEE7" title="Interest expense on lease liabilities"&gt;51&lt;/span&gt;, respectively. As at December
31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $&lt;span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zly0esYVT5B1" title="Right of use asset"&gt;888&lt;/span&gt;, $&lt;span id="xdx_909_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zLw2kFiO9Blf" title="Right of use asset"&gt;450&lt;/span&gt; and $&lt;span id="xdx_90C_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zSzZ4vvWdUy7" title="Right of use asset"&gt;562&lt;/span&gt;, respectively.&lt;/p&gt;

&lt;p style="font: 10pt 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"&gt;&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;

&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: 10pt 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: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis of Preparation and Significant Accounting
Policies (continued)&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;Leases &#x2013; where
an entity is the lessor: &lt;/b&gt;Leases of vessels where the entity does not transfer substantially all the risks and benefits of ownership
of the vessel are classified as operating leases. Lease income on operating leases is recognised on a straight-line basis over the lease
term. Contingent rents are recognised as revenue in the period in which they are earned.&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;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&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 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. 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 includes crew expenses, maintenance and consumable costs and was approximately $&lt;span id="xdx_90E_eifrs-full--DirectOperatingExpenseFromInvestmentProperty_pn3n3_c20210101__20211231_zkrPJClaJ5Kc"&gt;14,066&lt;/span&gt;
for the year ended December 31, 2021. The lease component that is disclosed then is calculated as the difference between total
revenue and the non-lease component revenue and was approximately $&lt;span id="xdx_908_ecustom--LeaseAndNonleaseComponents_pn3n3_c20210101__20211231_zRkMy0n0Bns2" title="Lease components"&gt;29,145&lt;/span&gt;
for the year ended December 31, 2021.&lt;/p&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;


</glbs:DescriptionOfAccountingPolicyForLesseeExplanatory>
    <ifrs-full:RightofuseAssets
      contextRef="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember"
      decimals="-3"
      unitRef="USD">674000</ifrs-full:RightofuseAssets>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember"
      decimals="-3"
      unitRef="USD">674000</ifrs-full:LeaseLiabilities>
    <ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16
      contextRef="AsOf2019-01-01_custom_CyberonicaSAMember"
      decimals="INF"
      unitRef="Pure">0.08</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">206000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">112000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">112000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">52000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">44000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">51000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:RightofuseAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">888000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">450000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31" decimals="-3" unitRef="USD">562000</ifrs-full:RightofuseAssets>
    <ifrs-full:DirectOperatingExpenseFromInvestmentProperty
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">14066000</ifrs-full:DirectOperatingExpenseFromInvestmentProperty>
    <glbs:LeaseAndNonleaseComponents
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">29145000</glbs:LeaseAndNonleaseComponents>
    <ifrs-full:DescriptionOfAccountingPolicyForInsuranceContracts contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForInsuranceContracts_zz9ZtK6Jv6ic" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;2.23&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86D_zdpgGDRdYwU5"&gt;Insurance:&lt;/span&gt; &lt;/b&gt;The Company recognizes insurance claim recoveries for insured losses incurred on damage
to vessels. Insurance claim recoveries are recorded, net of any deductible amounts, at the time the Company&#x2019;s vessels suffer insured
damages. They include the recoveries from the insurance companies for the claims, provided there is evidence the amounts are virtually
certain to be received.&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;


</ifrs-full:DescriptionOfAccountingPolicyForInsuranceContracts>
    <ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zwr68qxBjTbi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&lt;b&gt;2.24&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_866_zJQz0Vf18gPf"&gt;Share
based compensation:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;Globus operates equity-settled, share-based
compensation plans. The value of the service received in exchange of the grant of shares is recognized as an expense. The total amount
to be expensed over the vesting period is determined by reference to the fair value of the share awards at the grant date. The relevant
expense is recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding
impact in equity.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


</ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_z0djqPQ7IxHl" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&lt;b&gt;2.25&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_z9JIDTRbpXxd"&gt;Share
capital and Warrants&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;: &lt;/span&gt;&lt;/b&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;Common
shares and preferred shares are classified as equity. Incremental costs directly attributable to the issue of new shares are
recognised in equity as a deduction from the proceeds. The Company&#x2019;s warrants meet the classification criteria as per IAS 32
and, accordingly, are classified in equity.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForDividendsExplanatory_zz9AWkL1GALi" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.26&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_86E_zq2FNtLpfi19"&gt;Dividends&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-size: 10pt; letter-spacing: -0.1pt"&gt;:
&lt;/span&gt;&lt;/b&gt;&lt;span style="font-size: 10pt"&gt;Dividends to shareholders are recognised in the period in which the dividends are declared and
appropriately authorised and are accounted for as dividends payable until paid. &lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


</ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_zrOxRAxrX5L1" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.27&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_863_zDWfjidU8mde"&gt;Fair
value measurement:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;The Company measures financial instruments, such as, derivatives and
non-financial assets at fair value at each reporting date. In addition, fair values of financial instruments measured at amortised cost
are disclosed in note 21. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction
to sell the asset or transfer the liability takes place either, a) in the principal market for the asset or the liability or b) in the
absence of a principal market, in the most advantageous market for the asset or liability both being accessible by the Company. The fair
value of an asset or a liability is measured using the assumptions that the market participants would use when pricing the asset or liability,
assuming that the market participants act in their best economic interest. A fair value measurement of a non-financial asset takes into
account the market participant&#x2019;s ability to generate economic benefits by using the asset in its highest and best use or by selling
it to another market participant that would use the asset in its highest and best use. 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.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Company
uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique:&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: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Level 1: quoted
(unadjusted) prices in active markets for identical assets or liabilities.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 81pt; text-align: justify; text-indent: -45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Level 2: other
techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Level 3: techniques
which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;For assets
and liabilities that are recognised in the consolidated financial statements on a recurring basis, the Company determines whether transfers
have occurred between levels in the hierarchy by reassessing categorization at the end of each reporting period.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Company
engaged independent valuation specialists to determine the fair value of non-financial assets.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Basis
of Preparation and Significant Accounting Policies (continued)&lt;/b&gt;&lt;/span&gt;&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; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory>
    <glbs:DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_843_ecustom--DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_zSImWYvBSWTf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.28&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_863_zVKZw5zVO3gh"&gt;Current
versus non-current classification:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;The Company presents assets and liabilities in the
consolidated statement of financial position based on current/non-current classification.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;An asset as
current when it is:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Expected
                                            to be realised or intended to be sold or consumed in a normal operating cycle &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Held
                                            primarily for the purpose of trading &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Expected
                                            to be realised within twelve months after the reporting period&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;Cash
                                            or cash equivalent&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 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;All other
assets are classified as non-current.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;A liability
is current:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;It
                                            is expected to be settled in a normal operating cycle&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;It
                                            is held primarily for the purpose of trading &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;It
                                            is due to be settled within twelve months after the reporting period&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&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: 5%"/&gt;&lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 94%"&gt;&lt;span style="font-size: 10pt"&gt;There
                                            is no unconditional right to defer the settlement of the liability for at least twelve months
                                            after the reporting period.&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 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;All other
liabilities are classified as non-current.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


</glbs:DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements>
    <ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_zkymjf2MieV5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.29&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_zDgnmKMxFWo8"&gt;Embedded
Derivatives:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;An embedded derivative is a component of a hybrid contract that also includes
a non-derivative host, with the effect that some of the cash flows of the combined instrument vary in a way similar to a stand-alone
derivative. An embedded derivative is separated from the host contract if, and only if (IFRS 9.4.3.3):&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(a) the economic
characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(b) a separate
instrument with the same terms as the embedded derivative would meet the definition of a derivative; and&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(c) the hybrid
contract is not measured at fair value with changes in fair value recognised in profit or loss (i.e. a derivative that is embedded in
a financial liability at fair value through profit or loss is not separated).&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


</ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory>
    <glbs:DescriptionOfAccountingPolicyForRestrictedCashExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForRestrictedCashExplanatory_zUtNdXhMEP17" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.30&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_865_zKTuhqngG5n3"&gt;Restricted
Cash:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;Restricted cash represents pledged cash deposits or minimum liquidity required to
be maintained under the Company's borrowing arrangements. In the event that the obligation to maintain such deposits is expected to be
terminated within the next twelve months, these deposits are classified as current assets. Otherwise they are classified as non-current
assets.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</glbs:DescriptionOfAccountingPolicyForRestrictedCashExplanatory>
    <glbs:DescriptionOfAccountingPolicyForInterestRateSwapExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_znlQdGJxENbh" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.31&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_860_zrblGC9BKm51"&gt;Interest
Rate Swap:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&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, maximizing
the use of relevant observable inputs and minimizing the use of unobservable inputs. The valuation technique used for the Interest Rate
Swaps is the discounted cash flow (see also note 21). The Company has not designated these interest rate swaps for hedge accounting.&lt;/span&gt;&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 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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 0 0 18pt; text-align: justify"/&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 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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 consolidated statement of financial position. In the event that the respective asset or liability is expected to be materialized
within the next twelve months, it is classified as current asset or liability. Otherwise, the respective asset or liability is classified
as non-current asset or liability.&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: -35.45pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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;Gain/
(Loss) on derivative financial instruments&#x201d; in the consolidated statement of comprehensive income/(loss). Realized gains or losses
resulting from interest rate swaps are recognized in profit or loss under &#x201c;Gain / (Loss) on derivative financial instruments&#x201d;
in the consolidated statement of comprehensive income/(loss).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</glbs:DescriptionOfAccountingPolicyForInterestRateSwapExplanatory>
    <glbs:DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_84D_ecustom--DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_zcRWkx6ZZpC8" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;2.32&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_864_zfTQ1QqCQD6h"&gt;Management
&amp;amp; consulting fee income:&lt;/span&gt;&lt;/b&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;The Company enters into consultancy agreements with other
companies for the purpose of providing consultancy services. For these services the Company receives a fee. The total income from these
fees is classified in the income statement component of the consolidated statement of comprehensive income/(loss) under management &amp;amp;
consulting fee income.&lt;/span&gt;&lt;/p&gt;

</glbs:DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory>
    <ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80B_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zfEdmTmD0iLc" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_82E_zfiAEuie90da"&gt;Cash
and cash equivalents and Restricted cash&lt;/span&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;For the purpose
of the consolidated statement of financial position, cash and cash equivalents comprise the following:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89A_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zXLA6UR6cbK2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Cash
and cash equivalents and Restricted cash&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20211231_z3KPcUedqvSk" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_492_20201231_zzwrMEQcEBDc" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December
    31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify; width: 79%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-left: -20pt; font-weight: bold; text-align: right; padding-right: -20pt; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-indent: -30pt; padding-left: -20pt; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--CashOnHand_iI_pn3n3_maCACEzwtA_zyv6CgiAfHT5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Cash on hand&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;25&lt;/span&gt;&lt;/td&gt;


    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;13&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzwtA_zEZVNgRgeDqj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Cash at banks&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;45,188&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;19,024&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzwtA_zMakVw2o22Ef" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;45,213&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;19,037&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A3_zDoAguA1XbP5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"&gt;&lt;span style="font-size: 10pt"&gt;Cash
held in banks earns interest at floating rates based on daily bank deposit rates.&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: -0.55pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"&gt;&lt;span style="font-size: 10pt"&gt;The
fair value of cash and cash equivalents as at December 31, 2021 and 2020, was $&lt;span id="xdx_90F_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_zMuoHIdccPK3"&gt;45,213
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_90B_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20201231_z3SdOD1XvW9h"&gt;19,037&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively. In addition, as at December 31, 2020, the Company had available undrawn amount of $&lt;span id="xdx_90D_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--FirmentShippingIncMember_zvPw1KP1ROb1"&gt;14,200
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;under the facility with Firment. The facility with Firment expired on October 31, 2021 (note
11).&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="font-size: 10pt"&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"/&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 36pt; text-align: justify; text-indent: -36pt"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December
31, 2021 and 2020, the Company had pledged an amount of $&lt;span id="xdx_90B_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zSluEbZdIK39"&gt;5,224
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_905_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zuUyKKf4BlN8"&gt;2,066&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively, in order to fulfil collateral requirements. The fair value of the restricted cash as at December 31, 2021 was $&lt;span id="xdx_901_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_z2vTfEd54Hg"&gt;5,224&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_905_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zxLqXdC6KNq5"&gt;3,576&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;included
in non-current assets and $&lt;span id="xdx_90A_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zeyerCs8d27f"&gt;1,648
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;included in current assets. The fair value of the restricted cash as at December 31, 2020
was $&lt;span id="xdx_900_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20201231_zudqRaeorac"&gt;2,066&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_90D_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zpkmerqln9y7"&gt;1,250&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;included
in non-current assets and $&lt;span id="xdx_907_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zOnJlsdi8bR3"&gt;816
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;included in current assets as at December 31, 2020. The cash and cash equivalents are held
with reputable bank and financial institution counterparties with high ratings.&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: -36pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory>
    <glbs:DisclosureOfCashAndBankBalancesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89A_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zXLA6UR6cbK2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Cash
and cash equivalents and Restricted cash&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20211231_z3KPcUedqvSk" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_492_20201231_zzwrMEQcEBDc" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December
    31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify; width: 79%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-left: -20pt; font-weight: bold; text-align: right; padding-right: -20pt; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-indent: -30pt; padding-left: -20pt; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--CashOnHand_iI_pn3n3_maCACEzwtA_zyv6CgiAfHT5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Cash on hand&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;25&lt;/span&gt;&lt;/td&gt;


    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;13&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzwtA_zEZVNgRgeDqj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Cash at banks&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;45,188&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;19,024&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzwtA_zMakVw2o22Ef" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;45,213&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;19,037&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfCashAndBankBalancesExplanatory>
    <ifrs-full:CashOnHand contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">25000</ifrs-full:CashOnHand>
    <ifrs-full:CashOnHand contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">13000</ifrs-full:CashOnHand>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">45188000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">19024000</ifrs-full:BalancesWithBanks>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">45213000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">19037000</ifrs-full:CashAndCashEquivalents>
    <glbs:CashAndCashEquivalentsFairValueDisclosure contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">45213000</glbs:CashAndCashEquivalentsFairValueDisclosure>
    <glbs:CashAndCashEquivalentsFairValueDisclosure contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">19037000</glbs:CashAndCashEquivalentsFairValueDisclosure>
    <ifrs-full:UndrawnBorrowingFacilities
      contextRef="AsOf2020-12-31_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">14200000</ifrs-full:UndrawnBorrowingFacilities>
    <ifrs-full:RestrictedCashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">5224000</ifrs-full:RestrictedCashAndCashEquivalents>
    <ifrs-full:RestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2066000</ifrs-full:RestrictedCashAndCashEquivalents>
    <glbs:RestrictedCashAndCashEquivalentsFairValueDisclosure contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">5224000</glbs:RestrictedCashAndCashEquivalentsFairValueDisclosure>
    <ifrs-full:NoncurrentRestrictedCashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">3576000</ifrs-full:NoncurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">1648000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <glbs:RestrictedCashAndCashEquivalentsFairValueDisclosure contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2066000</glbs:RestrictedCashAndCashEquivalentsFairValueDisclosure>
    <ifrs-full:NoncurrentRestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">1250000</ifrs-full:NoncurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">816000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80A_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_z2geeTBMllhh" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;4.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_827_zwWYcHCRIJH9"&gt;Transactions with Related Parties&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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The following
are the major transactions which the Company has entered into with related parties during the years ended December 31, 2021, 2020 and
2019:&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;In August 2006,
Globus entered into a rental agreement for 350 square metres of office space for its operations within a building owned by Cyberonica
S.A. (an affiliate of Globus&#x2019;s chairman). In 2016 the Company renewed the rental agreement at a monthly rate of Euro &lt;span id="xdx_902_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zNRzpQMSE7o"&gt;10,360
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(absolute amount) ($&lt;span id="xdx_904_ecustom--MonthlyRentalExpense_pdn3_uUSD_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zTWzNXqCfsKc"&gt;11.9&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;)
with a lease period ending January 2, 2025. 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 leased by Cyberonica S.A. (an affiliate of Globus&#x2019;s chairman) at a monthly
rate of Euro &lt;span id="xdx_90F_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zWTv5EJJM8H1"&gt;26,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(absolute amount) with a lease period ending &lt;span id="xdx_903_ecustom--LeaseExpirationDate_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zLNwcSYZiunf"&gt;August
4, 2024&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;. The previous rental agreement was terminated. The Company does not presently own
any real estate. During the years ended December 31, 2021, 2020 and 2019, the rent charged amounted to $&lt;span id="xdx_90A_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zg7TFu46A647"&gt;242&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_908_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zwSwHa8nheua"&gt;141
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_907_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zSGltTAp1SRe"&gt;139&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at
January 1, 2019, following the adoption of IFRS 16, the Company identified the rental agreement with Cyberonica S.A. to give rise to
a right of use asset and a corresponding liability estimated to approximately $&lt;span id="xdx_90F_eifrs-full--LeaseLiabilities_iI_pn3n3_c20190101__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_zPGyzhAQjA1j"&gt;674 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(please
refer to note 2.22). Under IFRS 16 the new contract comprises of two parts, a modification of the old lease and a new lease for the
extra space of 552 square meters, compared to the 350 square meters included in the previous rental agreement. The modification of
the previous rental agreement resulted to in $&lt;span id="xdx_907_ecustom--CreditAdjustmentOfFinanceCost_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zHUElSDZPBml"&gt;39 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;credit
adjustment classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest
and finance costs. The right of use asset and a corresponding liability of the modified part of the rental agreement was estimated
to approximately $&lt;span id="xdx_908_eifrs-full--LeaseLiabilities_iI_pn3n3_c20210805__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office350SquareMetersMember_zWqoSsSLwh2d"&gt;380&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
For the additional 552 square meters that the Company are now leasing, the Company identified under IFRS 16 that the rental
agreement with Cyberonica S.A. gives rise to a right of use asset and a corresponding liability estimated to approximately $&lt;span id="xdx_907_eifrs-full--LeaseLiabilities_iI_pn3n3_c20210805__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember__ifrs-full--ClassesOfAssetsAxis__custom--Office552SquareMetersMember_zzGaR773N7nl"&gt;632&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
The depreciation charge for right-of-use asset for the years ended December 31, 2021, 2020 and 2019, was approximately $&lt;span id="xdx_908_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zKcDYMgwWtui"&gt;206&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_900_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zrTc1o9b4UU3"&gt;112 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and
$&lt;span id="xdx_901_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20190101__20191231_zsh4YkCa9Qrk"&gt;112&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively, and was recognised in the income statement component of the consolidated statement of comprehensive income/(loss)
under depreciation. The interest expense on lease liabilities for the years ended December 31, 2021, 2020 and 2019, was
approximately $&lt;span id="xdx_907_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_ziEUlHhgrrZb"&gt;52&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_90E_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zG9Bxwq3zwHa"&gt;44 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and
$&lt;span id="xdx_903_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20190101__20191231_z7U1xgYR9MG5"&gt;51&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively, and recognised under interest expense and finance costs, respectively in the income statement component of the
consolidated statement of comprehensive income/(loss). The total cash outflows for leases for the years ended December 31, 2021,
2020 and 2019, were approximately $&lt;span id="xdx_903_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zLVBz4fY9Cjj" title="Payment of lease liability - principal and Interest Paid"&gt;314&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_909_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zNlvabRgfCf9" title="Payment of lease liability - principal and Interest Paid"&gt;229&lt;/span&gt; &lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and
$&lt;span id="xdx_908_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20190101__20191231_zivlSAPHEj0b" title="Payment of lease liability - principal and Interest Paid"&gt;47&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively, and were recognised in the consolidated statement of cash flows under the Payment of lease liability &#x2013;
principal and Interest Paid.&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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at
December 28, 2015, Athanasios Feidakis assumed the position of Chief Executive Officer (&#x201c;CEO&#x201d;) and Chief Financial
Officer. On August 18, 2016, the Company entered into a consultancy agreement with an affiliated company (Goldenmare Limited) of its
CEO, Mr. Athanasios Feidakis, for the purpose of providing consulting services to the Company in connection with the Company&#x2019;s
international shipping and capital raising activities, including but not limited to assisting and advising the Company&#x2019;s CEO
at an annual fee of Euro &lt;span id="xdx_904_ecustom--ConsultingFeesExpense_pip0_uEuro_c20160101__20160818__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zTxivcbMLuti"&gt;200,000 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(absolute
amount) (approx. &lt;span id="xdx_908_ecustom--ConsultingFeesExpense_pn3n3_uUSD_c20160101__20160818__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zyMNYoaFSVi9"&gt;$224). &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;On
December 3, 2020, the Company agreed to increase the consultancy fees of Goldenmare Limited, from Euro 200,000 to Euro &lt;span id="xdx_90C_ecustom--ConsultingFeesExpense_pip0_uEuro_c20200101__20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zLhLqpRM4x68"&gt;400,000 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(absolute
amount) per annum and additionally pay a one-time cash bonus of &lt;span id="xdx_906_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pdn6_c20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zavf6HfU6cO9"&gt;$1.5 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million
to the CEO pursuant to his consultancy agreement, which has been paid. Specifically, in February 2021, the Company paid to the CEO
of Goldenmare Limited (Mr. Athanasios Feidakis) the amount of $&lt;span id="xdx_902_ecustom--OneTimeCashBonusPayment_pn3n3_c20210101__20210228__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zdgdrSWUu4uj" title="One time cash bonus payment"&gt;1,000 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and
in September 2021 the remaining amount of $&lt;span id="xdx_906_ecustom--RemainingOfOneTimeCashBonusPayment_pn3n3_c20210101__20210228__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zSCvKrqP9L7l" title="Remaining of one time cash bonus payment"&gt;500&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
In addition, in December 2021, the Company agreed to pay a one-time cash bonus of $&lt;span id="xdx_906_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pdn6_c20220131__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zGtbxDdwBnia"&gt;1.5 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million
to Goldenmare Limited pursuant to the consultancy agreement, half of which is to be paid immediately and the other half during 2022,
if at the time of the payment Mr. Athanasios Feidakis remains CEO and the consultant has not terminated its consultancy agreement.
At the time of the filing of these Consolidated Financial Statements, none of the bonus approved in 2022 has been paid. The related
expense for the years ended December 31, 2021, 2020 and 2019, amounted to approx. $&lt;span id="xdx_900_ecustom--ConsultingFeesExpense_pn3n3_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zr8uhJwCcPA6"&gt;1,216&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_903_ecustom--ConsultingFeesExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zVo6csYfleDk"&gt;1,772 &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and
$&lt;span id="xdx_902_ecustom--ConsultingFeesExpense_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z1hgne9Em1jj"&gt;224&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;4.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Transactions
with Related Parties (continued)&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On June 12,
2020, the Company entered into a stock purchase agreement and issued &lt;span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zdCrRv4PaZ3b"&gt;50
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;newly designated Series B Preferred Shares, par value $&lt;span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zlEJJQ0Cb32"&gt;0.001
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, to Goldenmare Limited, an affiliated company of its CEO, Athanasios Feidakis,
in return for $&lt;span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zbpqfGldr9e7"&gt;150&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant
to a consultancy agreement. On July 27, 2020, the Company issued an additional &lt;span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zWVXPQlApk22"&gt;250
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of its Series B preferred shares to Goldenmare Limited in return for $&lt;span id="xdx_904_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zcEe8z60Tk0b"&gt;150&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
The $&lt;span id="xdx_904_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zYgYoMVztKu6"&gt;150
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;was settled by reducing, on a dollar-for-dollar basis, the amount payable 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, which received fairness opinions from an independent financial
advisor.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On March 2,
2021, the Company entered into a stock purchase agreement and issued &lt;span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z7Z8xV7mr728"&gt;10,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Series B Preferred Shares, par value $&lt;span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zSFrsCP06vIi"&gt;0.001
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, to Goldenmare Limited in return for $&lt;span id="xdx_90C_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zo72CUSKvbX9"&gt;130&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_906_ecustom--VotingRights_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zAUVnT7MSlU5" style="font-size: 10pt"&gt;As
at December 31, 2021, and 2020, Goldenmare Limited owned &lt;span id="xdx_909_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zuZsFzjZQ1qb"&gt;10,300&lt;/span&gt; and &lt;span id="xdx_90D_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zxsPgH36e428"&gt;300&lt;/span&gt;, respectively, 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. 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;/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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December
31, 2020 and 2021, Mr. George Feidakis beneficially owned &lt;span id="xdx_907_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_zZJsWCBjaxz6"&gt;0.4&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%
and &lt;span id="xdx_90F_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_zIHMzHsuH1ce"&gt;3.7&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%,
respectively of Globus&#x2019; shares. Mr. George Feidakis (father of Mr. Athanasios Feidakis) is also the chairman of the Board of Directors
of Globus.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;In November
2018, Globus entered into a credit facility for up to $&lt;span id="xdx_906_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zfgXeT566bNa"&gt;15,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;with Firment Shipping Inc., an affiliate of the Company&#x2019;s chairman, &lt;span id="xdx_909_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zzOhvo9lcv7l"&gt;for
the purpose of financing its general working capital needs&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;(&#x201c;Firment Shipping Credit
Facility&#x201d;). &lt;span id="xdx_905_ecustom--CreditFacilityCollateraDescription_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z1trSGHxAsx5"&gt;The
Firment Shipping Credit Facility was unsecured and remained available until its final maturity date&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;at
&lt;span id="xdx_906_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zE58J7VSnCF1"&gt;October
31, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;, as amended. The Company had the right to draw-down any amount up to $15,000 or
prepay any amount in multiples of $&lt;span id="xdx_90D_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zIDNE1Wr3kLe"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest on drawn and outstanding amounts was charged
at &lt;span id="xdx_904_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zH2VGqiq6Jnk"&gt;7%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per annum and no commitment fee was charged on the amounts remaining available and undrawn.
Interest was payable the last day of a period of three months after the Draw-down Date, after this period in case of failure to pay any
sum due, a default interest of &lt;span id="xdx_902_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zN5I2YNzqVr6"&gt;2%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per annum above the regular interest was charged. Globus also had the right, in its sole
option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid interest under the Firment Shipping
Credit Facility into common stock. &lt;span id="xdx_90A_ecustom--DebtInstrumentConversionPriceDescription_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zSzwyidxih85"&gt;The
conversion price should equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock
on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#x201c;VWAP&#x201d;)
over the pricing period multiplied by 80%, where the &#x201c;Pricing Period&#x201d; equals the ten consecutive trading days immediately
preceding the date on which the conversion notice was executed or, (ii) Two Hundred Eighty US Dollars ($280.00).&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On April 23,
2019, the Company converted to share capital, as per the conversion clause included in the Firment Shipping Credit Facility the outstanding
principal amount of $&lt;span id="xdx_900_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zSKjQRIZOuA4"&gt;3,100
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;plus the accrued interest of $&lt;span id="xdx_905_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zXHbldfKSxfk"&gt;70
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;at a conversion price of $&lt;span id="xdx_908_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zHWfUApGv6Mk"&gt;280
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share and issued &lt;span id="xdx_907_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_ziPD6At2i0pd"&gt;11,322
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;new common shares to Firment Shipping Inc. This conversion resulted to a gain of approximately
$&lt;span id="xdx_90A_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zbmVIVOqP4Z3"&gt;117&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which was classified under &#x201c;gain on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive income/(loss).&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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;For the year
ended December 31, 2020, the Company recognized a loss on this derivative financial instrument amounting to $&lt;span id="xdx_907_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z0Qa6kEVC0rd"&gt;189
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and for the year ended December 31, 2019, a gain on this derivative financial instrument
amounting to $&lt;span id="xdx_904_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z361O1w6vYf8"&gt;135&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which were classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statements component of the consolidated
statement of comprehensive income/(loss).&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On May 8, 2020
the Company entered into an Amended and Restated Agreement with Firment Shipping Inc. and converted the existing Revolving Credit Facility
to a Term Credit Facility, increased the available undrawn amount to $&lt;span id="xdx_906_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pdn6_c20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zFecAJnQ5qoa"&gt;14.2
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million and extended the maturity date to &lt;span id="xdx_906_eifrs-full--BorrowingsMaturity_c20200101__20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zcaTWJce2PVh"&gt;October
31, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;. As at December 31, 2020, there was an amount of $&lt;span id="xdx_905_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zWrfQi0Lbto8"&gt;14,200
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;available to be drawn under the Firment Shipping Credit Facility.&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="font-size: 10pt"&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"/&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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;4.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Transactions
with Related Parties (continued)&lt;/b&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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_90B_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zDLAR3ClfIUf"&gt;863&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
Furthermore, the Company recognized a gain on this derivative financial instrument amounting to $&lt;span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zUAe2UuYzTSa"&gt;220&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which was classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive income/(loss). The facility with Firment Shipping Inc. expired on &lt;span id="xdx_900_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zveRL0grf5C8"&gt;October
31, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December
31, 2020, the amount drawn and outstanding with respect to the Firment Shipping Credit Facility was $nil. For the year ended December
31, 2020 and 2019, Globus recognised interest expense of $&lt;span id="xdx_909_eifrs-full--InterestExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zR6DUXV6M6tc"&gt;26
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_900_eifrs-full--InterestExpense_pn3n3_c20190101__20191231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z7Tn6pXAB3h1"&gt;96&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively classified in the income statement component of the consolidated statements of comprehensive income/(loss) under interest
expense and finance costs.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Firment
Shipping Credit Facility required that Athanasios Feidakis remain the Company&#x2019;s Chief Executive Officer and that Firment Shipping
Inc. maintained at least a &lt;span id="xdx_904_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pip0_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--RangeAxis__srt--MinimumMember_ztnlLgkfXP55"&gt;40%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;shareholding in Globus, other than due to actions taken by Firment Shipping Inc., such as
sales of shares. The Company received waivers from Firment Shipping Inc. in relation to the equity offerings completed during the year
ended December 31, 2020 (Note 11).&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December
31, 2020, the Company was in compliance with the loan covenants of the Firment Shipping Credit Facility.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On July 15,
2021 Globus entered into a consultancy agreement with Eolos Shipmanagement S.A. 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_90A_ecustom--ConsultingFeesExpense_pp0p0_c20210101__20210715__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--EolosShipmanagementMember__ifrs-full--CapitalRequirementsAxis__custom--DailyRateMember_zL2Zu0pWvotj"&gt;1,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(absolute amount). The chairman of the board of Globus is the majority shareholder of Eolos
Shipmanagement.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm"&gt;&lt;span style="font-size: 10pt"&gt;Compensation of Key Management
Personnel of the Company:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;Compensation
to Globus non-executive directors is analysed as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_899_ecustom--DisclosureOfCompensationOfNonExecutiveDirectors_zuhmoYScgar8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"&gt;&lt;span style="font-size: 10pt"&gt;Transactions
with Related Parties - Compensation to the Company's Non-Executive Directors&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_491_20210101__20211231_z8LKDV7VcNDb" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20200101__20201231_zWrxLTouhEc1" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20190101__20191231_zcQmOBjS3jCj" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For
    the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; width: 68%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--DirectorsRemunerationExpense_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zaN0SewJMDK5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Directors&#x2019; remuneration&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;145&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;143&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;147&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--DirectorsCompensationSharebasedPayment_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zWod7FECBfFk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Share-based payments (Note
    12)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_mtKMPCzHgk_zEyj3MgNtpXl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;185&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;183&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;187&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A7_zFreEnROXMZb" style="margin-top: 0; margin-bottom: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December
31, 2021, and 2020, $&lt;span id="xdx_900_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zllLcXIV4z9d"&gt;105
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_908_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zUvUHJbEqZW5"&gt;80
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of the compensation to non-executive directors was remaining due and unpaid, respectively.
Amounts payable to non-executive directors are classified as trade accounts payable in the consolidated statements of financial position.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Compensation
to the Company&#x2019;s executive director is analysed as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89E_ecustom--DisclosureOfCompensationOfExecutiveDirector_z7B5GPyTvQ0a" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"&gt;&lt;span id="xdx_8B9_zV3d3XQ3ySF1" style="font-size: 10pt"&gt;Transactions
with Related Parties - Compensation to the Company's Executive Director&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; width: 68%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20210101__20211231_zOxZneWaMOj3" style="font-size: 12pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20200101__20201231_zlkSKiE1RMfd" style="font-size: 12pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20190101__20191231_zX645Zz3QyA2" style="font-size: 12pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For
    the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr id="xdx_40C_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_maKMPCzSqc_zdB6dfzwLEd6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Short-term employee benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,216&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,772&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;224&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr id="xdx_409_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_mtKMPCzSqc_zKgvHNZLsEMg" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,216&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,772&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;224&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p id="xdx_8AC_zTeWFKIyhOfj" style="margin-top: 0; margin-bottom: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December
31, 2021, and 2020, $&lt;span id="xdx_902_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_z3MapVg9qIU2"&gt;985
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_90C_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_zK1sfh3Wb3ue"&gt;1,739
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of the compensation to the executive director was remaining due and unpaid, respectively.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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"/&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;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory>
    <glbs:MonthlyRentalExpense
      contextRef="From2016-01-012016-12-31_custom_CyberonicaSAMember"
      decimals="0"
      unitRef="Euro">10360</glbs:MonthlyRentalExpense>
    <glbs:MonthlyRentalExpense
      contextRef="From2016-01-012016-12-31_custom_CyberonicaSAMember"
      decimals="0"
      unitRef="USD">11900</glbs:MonthlyRentalExpense>
    <glbs:MonthlyRentalExpense
      contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember"
      decimals="0"
      unitRef="Euro">26000</glbs:MonthlyRentalExpense>
    <glbs:LeaseExpirationDate contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember">2024-08-04</glbs:LeaseExpirationDate>
    <ifrs-full:LeasesAsLesseeRelatedPartyTransactions
      contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember"
      decimals="-3"
      unitRef="USD">242000</ifrs-full:LeasesAsLesseeRelatedPartyTransactions>
    <ifrs-full:LeasesAsLesseeRelatedPartyTransactions
      contextRef="From2020-01-012020-12-31_custom_CyberonicaSAMember"
      decimals="-3"
      unitRef="USD">141000</ifrs-full:LeasesAsLesseeRelatedPartyTransactions>
    <ifrs-full:LeasesAsLesseeRelatedPartyTransactions
      contextRef="From2019-01-012019-12-31_custom_CyberonicaSAMember"
      decimals="-3"
      unitRef="USD">139000</ifrs-full:LeasesAsLesseeRelatedPartyTransactions>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2019-01-01_custom_CyberonicaSAMember_custom_Office350SquareMetersMember"
      decimals="-3"
      unitRef="USD">674000</ifrs-full:LeaseLiabilities>
    <glbs:CreditAdjustmentOfFinanceCost
      contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember"
      decimals="-3"
      unitRef="USD">39000</glbs:CreditAdjustmentOfFinanceCost>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office350SquareMetersMember"
      decimals="-3"
      unitRef="USD">380000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2021-08-05_custom_CyberonicaSAMember_custom_Office552SquareMetersMember"
      decimals="-3"
      unitRef="USD">632000</ifrs-full:LeaseLiabilities>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">206000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">112000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">112000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">52000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">44000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">51000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">314000</glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities>
    <glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">229000</glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities>
    <glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">47000</glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities>
    <glbs:ConsultingFeesExpense
      contextRef="From2016-01-012016-08-18_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="0"
      unitRef="Euro">200000</glbs:ConsultingFeesExpense>
    <glbs:ConsultingFeesExpense
      contextRef="From2016-01-012016-08-18_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">224000</glbs:ConsultingFeesExpense>
    <glbs:ConsultingFeesExpense
      contextRef="From2020-01-012020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="0"
      unitRef="Euro">400000</glbs:ConsultingFeesExpense>
    <glbs:AgreedAmountOfOneTimeCashBonus
      contextRef="AsOf2020-12-03_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="0"
      unitRef="USD">1500000</glbs:AgreedAmountOfOneTimeCashBonus>
    <glbs:OneTimeCashBonusPayment
      contextRef="From2021-01-012021-02-28_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">1000000</glbs:OneTimeCashBonusPayment>
    <glbs:RemainingOfOneTimeCashBonusPayment
      contextRef="From2021-01-012021-02-28_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">500000</glbs:RemainingOfOneTimeCashBonusPayment>
    <glbs:AgreedAmountOfOneTimeCashBonus
      contextRef="AsOf2022-01-31_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="0"
      unitRef="USD">1500000</glbs:AgreedAmountOfOneTimeCashBonus>
    <glbs:ConsultingFeesExpense
      contextRef="From2021-01-012021-12-31_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">1216000</glbs:ConsultingFeesExpense>
    <glbs:ConsultingFeesExpense
      contextRef="From2020-01-012020-12-31_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">1772000</glbs:ConsultingFeesExpense>
    <glbs:ConsultingFeesExpense
      contextRef="From2019-01-012019-12-31_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">224000</glbs:ConsultingFeesExpense>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">50</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-06-12_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">150000</glbs:IssueOfPreferredShares>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">250</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">150000</glbs:IssueOfPreferredShares>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-07-27_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">150000</glbs:IssueOfPreferredShares>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">10000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-03-02_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">130000</glbs:IssueOfPreferredShares>
    <glbs:VotingRights contextRef="From2021-01-012021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">As
at December 31, 2021, and 2020, Goldenmare Limited owned 10,300 and 300, respectively, 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. 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.</glbs:VotingRights>
    <ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates
      contextRef="AsOf2021-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">10300</ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates>
    <ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates
      contextRef="AsOf2020-12-31_custom_PreferredSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">300</ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates>
    <glbs:ProportionOfOwnershipInterestsHeldByControllingParty
      contextRef="From2020-01-012020-12-31_custom_ChairmanOfTheBoardOfDirectorsMember"
      decimals="INF"
      unitRef="Pure">0.004</glbs:ProportionOfOwnershipInterestsHeldByControllingParty>
    <glbs:ProportionOfOwnershipInterestsHeldByControllingParty
      contextRef="From2021-01-012021-12-31_custom_ChairmanOfTheBoardOfDirectorsMember"
      decimals="INF"
      unitRef="Pure">0.037</glbs:ProportionOfOwnershipInterestsHeldByControllingParty>
    <glbs:LineOfCreditFacilityMaximumBorrowingCapacity
      contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">15000000</glbs:LineOfCreditFacilityMaximumBorrowingCapacity>
    <glbs:DescriptionOfBorrowingsScope contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember">for
the purpose of financing its general working capital needs</glbs:DescriptionOfBorrowingsScope>
    <glbs:CreditFacilityCollateraDescription contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember">The
Firment Shipping Credit Facility was unsecured and remained available until its final maturity date</glbs:CreditFacilityCollateraDescription>
    <ifrs-full:BorrowingsMaturity contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember">October
31, 2021</ifrs-full:BorrowingsMaturity>
    <glbs:LineOfCreditFacilityDrawndownAmountsMultiples
      contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">100000</glbs:LineOfCreditFacilityDrawndownAmountsMultiples>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Pure">0.07</ifrs-full:BorrowingsInterestRate>
    <glbs:BorrowingsDefaultInterestRate
      contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Pure">0.02</glbs:BorrowingsDefaultInterestRate>
    <glbs:DebtInstrumentConversionPriceDescription contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember">The
conversion price should equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock
on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#x201c;VWAP&#x201d;)
over the pricing period multiplied by 80%, where the &#x201c;Pricing Period&#x201d; equals the ten consecutive trading days immediately
preceding the date on which the conversion notice was executed or, (ii) Two Hundred Eighty US Dollars ($280.00).</glbs:DebtInstrumentConversionPriceDescription>
    <ifrs-full:Borrowings
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">3100000</ifrs-full:Borrowings>
    <ifrs-full:InterestPayable
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">70000</ifrs-full:InterestPayable>
    <glbs:DebtInstrumentConvertibleConversionPrice
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="USDPShares">280</glbs:DebtInstrumentConvertibleConversionPrice>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Shares">11322</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">117000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-12-31_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">189000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2019-01-012019-12-31_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">135000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <glbs:LineOfCreditFacilityMaximumBorrowingCapacity
      contextRef="AsOf2020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember"
      decimals="0"
      unitRef="USD">14200000</glbs:LineOfCreditFacilityMaximumBorrowingCapacity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-012020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">October
31, 2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:UndrawnBorrowingFacilities
      contextRef="AsOf2020-12-31_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">14200000</ifrs-full:UndrawnBorrowingFacilities>
    <ifrs-full:RepaymentsOfCurrentBorrowings
      contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">863000</ifrs-full:RepaymentsOfCurrentBorrowings>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">220000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:BorrowingsMaturity contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember">October
31, 2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:InterestExpense
      contextRef="From2020-01-012020-12-31_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">26000</ifrs-full:InterestExpense>
    <ifrs-full:InterestExpense
      contextRef="From2019-01-012019-12-31_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">96000</ifrs-full:InterestExpense>
    <glbs:ProportionOfOwnershipInterestsHeldByControllingParty
      contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember_srt_MinimumMember"
      decimals="INF"
      unitRef="Pure">0.40</glbs:ProportionOfOwnershipInterestsHeldByControllingParty>
    <glbs:ConsultingFeesExpense
      contextRef="From2021-01-012021-07-15_custom_EolosShipmanagementMember_custom_DailyRateMember"
      decimals="0"
      unitRef="USD">1000</glbs:ConsultingFeesExpense>
    <glbs:DisclosureOfCompensationOfNonExecutiveDirectors contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_899_ecustom--DisclosureOfCompensationOfNonExecutiveDirectors_zuhmoYScgar8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"&gt;&lt;span style="font-size: 10pt"&gt;Transactions
with Related Parties - Compensation to the Company's Non-Executive Directors&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_491_20210101__20211231_z8LKDV7VcNDb" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20200101__20201231_zWrxLTouhEc1" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20190101__20191231_zcQmOBjS3jCj" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For
    the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; width: 68%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--DirectorsRemunerationExpense_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zaN0SewJMDK5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Directors&#x2019; remuneration&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;145&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;143&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;147&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--DirectorsCompensationSharebasedPayment_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zWod7FECBfFk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Share-based payments (Note
    12)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_mtKMPCzHgk_zEyj3MgNtpXl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;185&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;183&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;187&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfCompensationOfNonExecutiveDirectors>
    <ifrs-full:DirectorsRemunerationExpense
      contextRef="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">145000</ifrs-full:DirectorsRemunerationExpense>
    <ifrs-full:DirectorsRemunerationExpense
      contextRef="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">143000</ifrs-full:DirectorsRemunerationExpense>
    <ifrs-full:DirectorsRemunerationExpense
      contextRef="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">147000</ifrs-full:DirectorsRemunerationExpense>
    <glbs:DirectorsCompensationSharebasedPayment
      contextRef="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">40000</glbs:DirectorsCompensationSharebasedPayment>
    <glbs:DirectorsCompensationSharebasedPayment
      contextRef="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">40000</glbs:DirectorsCompensationSharebasedPayment>
    <glbs:DirectorsCompensationSharebasedPayment
      contextRef="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">40000</glbs:DirectorsCompensationSharebasedPayment>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">185000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="From2020-01-012020-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">183000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="From2019-01-012019-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">187000</ifrs-full:KeyManagementPersonnelCompensation>
    <glbs:AccruedDirectorsCompensation
      contextRef="AsOf2021-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">105000</glbs:AccruedDirectorsCompensation>
    <glbs:AccruedDirectorsCompensation
      contextRef="AsOf2020-12-31_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">80000</glbs:AccruedDirectorsCompensation>
    <glbs:DisclosureOfCompensationOfExecutiveDirector contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89E_ecustom--DisclosureOfCompensationOfExecutiveDirector_z7B5GPyTvQ0a" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -40pt; display: none; text-align: justify; text-indent: 40pt"&gt;&lt;span id="xdx_8B9_zV3d3XQ3ySF1" style="font-size: 10pt"&gt;Transactions
with Related Parties - Compensation to the Company's Executive Director&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; width: 68%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20210101__20211231_zOxZneWaMOj3" style="font-size: 12pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20200101__20201231_zlkSKiE1RMfd" style="font-size: 12pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20190101__20191231_zX645Zz3QyA2" style="font-size: 12pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For
    the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr id="xdx_40C_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_maKMPCzSqc_zdB6dfzwLEd6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Short-term employee benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,216&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,772&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;224&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr id="xdx_409_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_mtKMPCzSqc_zKgvHNZLsEMg" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,216&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,772&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;224&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

</glbs:DisclosureOfCompensationOfExecutiveDirector>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="From2021-01-012021-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">1216000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="From2020-01-012020-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">1772000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="From2019-01-012019-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">224000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="From2021-01-012021-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">1216000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="From2020-01-012020-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">1772000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="From2019-01-012019-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">224000</ifrs-full:KeyManagementPersonnelCompensation>
    <glbs:AccruedDirectorsCompensation
      contextRef="AsOf2021-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">985000</glbs:AccruedDirectorsCompensation>
    <glbs:AccruedDirectorsCompensation
      contextRef="AsOf2020-12-31_custom_ExecutiveDirectorMember"
      decimals="-3"
      unitRef="USD">1739000</glbs:AccruedDirectorsCompensation>
    <ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_809_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_zg3loOLlqVl3" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_82B_z1jkm5wkccih"&gt;Vessels,
net&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The amounts
in the consolidated statement of financial position are analysed as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89C_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_znXRMOxN6bih" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Vessels,
net - Consolidated Statement of Financial Position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: center; font-size: 12pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Vessels
    cost&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Vessels
    accumulated depreciation&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Dry
    docking costs&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Accumulated
    depreciation of dry-docking costs&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Net
    Book Value&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance
    at January 1, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z7fHoWccciBh" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;179,427&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zSxnWGXT7ZVb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(97,280)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCNRdg2Ydl0e" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;6,978&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zuQcNPoajvgb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance"&gt;&lt;span style="font-size: 10pt"&gt;(5,375)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVDOvqwr6rP9" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;83,750&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Additions/ Dry Docking Component&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHtsiKnYqEg5" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;54&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKxBsQpFcXvb" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;622&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAR9JRlttEz6" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;676&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Impairment loss&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z13G4aA5zqy3" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(29,902)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAdz0OvDBUck" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(29,902)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zO8pn8qJDR4b" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(4,578)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zLEOkXj259Y6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(1,704)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zZZRFrFj5oDg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(6,282)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at December 31, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zUuCvfukpfka" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;149,579&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za3bI2zLYk5k" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(101,858)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zMXfhOWLuJGj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;7,600&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zlt3oMjd6eeh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(7,079)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zvRIwZ9mnuY8" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;48,242&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Additions/ Dry Docking Component&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z5McHP2XgTKg" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;18,028&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zI34FVYhbS29" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;4,283&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zIZkS4urANy1" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;22,311&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Impairment loss&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zSylcLPvPZO8" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(4,615)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVeWixOgWec7" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(4,615)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_znAyGjzIDeN2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(2,253)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z475T4dsznR9" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(1,335)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z79uxbhAxBcg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(3,588)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at December 31, 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zIoW0XzRxOW4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;162,992&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z6QpfqP7Rb35" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(104,111)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zL7uln2SBqdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;11,883&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQ7awIeMg6C7" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(8,414)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zSa1HNbh11g5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;62,350&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Additions/ Dry Docking Component&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ7FEWrYMLLb" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;70,746&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zdp8BBFXGPz2" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;4,044&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zjjvv7hUoKwe" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;74,790&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zARsq5K5ht2l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(3,665)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zKePfsS2dj8l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(2,751)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zUoJtR5UIrgg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(6,416)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at December 31, 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zYIfODjQmcob" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;233,738&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zEliYqVVVZjf" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;(107,776)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDjrIyN9mjz3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;15,927&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQxuv8M7xxAh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;(11,165)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zNQT9UksXrVd" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;130,724&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A3_zFsrJsFy7hBh" style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
October 29, 2020, the Company took delivery of the m/v &#x201c;Galaxy Globe&#x201d;, a &lt;span id="xdx_907_ecustom--VesselYearBuilt_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zvYKelsv7pL8"&gt;2015&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;-built
&lt;span id="xdx_90F_ecustom--VesselType_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zLjEc7jrtdm5"&gt;Kamsarmax
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dry bulk carrier, through its subsidiary, Serena Maritime Limited, for a purchase price of
$&lt;span id="xdx_90C_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zA5WuWi2nrC9"&gt;18.4
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million, free of charter party, financed with available cash. The m/v &#x201c;Galaxy Globe&#x201d;
was built at the Hudong-Zhonghua Shipyard in China and has a carrying capacity of &lt;span id="xdx_900_ecustom--VesselCapacity_uPure_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_z8l4xygn4gRj"&gt;81,167
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dwt. Following this acquisition, the fleet of Globus comprises of six dry bulk carriers with
a total carrying capacity of &lt;span id="xdx_90C_ecustom--VesselCapacity_uPure_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryBulkCarriersMember_zY3a7DXMpmpc"&gt;381,738
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dwt. Upon the acquisition of the vessel, a total amount of $&lt;span id="xdx_90E_ecustom--DryDockingCostCapitalised_pn3n3_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zPvnSwlLWV39"&gt;500
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;was recorded as dry-docking component and is being amortized until the vessel&#x2019;s next
scheduled survey to be performed in July 2023.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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_903_ecustom--VesselYearBuilt_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zPqHXnYUhRJ8"&gt;2011&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;-built
&lt;span id="xdx_900_ecustom--VesselType_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zBqRIUi2edZ9"&gt;Kamsarmax
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dry bulk carrier, for a purchase price of $&lt;span id="xdx_908_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zxPseTvCsx82"&gt;16.2
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million. No initial dry-docking component has been recognized as the vessel underwent dry-docking
subsequent to her delivery. 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_zDOPKF8YiqI6"&gt;80,655
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dwt. On &lt;span id="xdx_90B_ecustom--VesselDeliveryDate_dd_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zNAlQPmhuzIg"&gt;July
20, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;, the Company took delivery of the m/v &#x201c;Nord Venus&#x201d; that was renamed
to &#x201c;Power Globe&#x201d;.&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"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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_90B_ecustom--VesselYearBuilt_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zluUvDzMVUCe"&gt;2018&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;-built
&lt;span id="xdx_905_ecustom--VesselType_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJD2m87LdjYa"&gt;Kamsarmax
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dry bulk carrier, for a purchase price of $&lt;span id="xdx_90D_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zNragEZCVlcl"&gt;27
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million, the vessel cost amounted to $&lt;span id="xdx_902_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zjpG24DZ8Dlk"&gt;26.4
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million, and the initial dry-docking component amounted to $&lt;span id="xdx_90D_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zvyLfDBBjYji"&gt;0.6
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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_906_ecustom--VesselCapacity_uPure_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zK2py0wcZkj4"&gt;82,027
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dwt. On &lt;span id="xdx_901_ecustom--VesselDeliveryDate_dd_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zAIUuXGY9kfh"&gt;June
9, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;, the Company took delivery of the m/v &#x201c;Yangze 11&#x201d; that was renamed to
&#x201c;Diamond Globe&#x201d;.&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"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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_90D_ecustom--VesselYearBuilt_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zFNNzTRYMGb4"&gt;2015&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;-built
&lt;span id="xdx_90D_ecustom--VesselType_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zCSoPymQZ5je"&gt;Kamsarmax
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dry bulk carrier, for a purchase price of $&lt;span id="xdx_90A_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_znSJ0anqwoKj"&gt;28.4
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million, the vessel cost amounted to $&lt;span id="xdx_908_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zfGI9J4rSZJ7"&gt;27.9
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million, and the initial dry-docking component amounted to $&lt;span id="xdx_90F_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zj4oveQaCkJ"&gt;0.5
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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_90D_ecustom--VesselCapacity_uPure_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_z6HBXVEBgJci"&gt;81,837
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;dwt. On &lt;span id="xdx_907_ecustom--VesselDeliveryDate_dd_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zK6sUDQvOQl9"&gt;November
29, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;, the Company took delivery of the m/v &#x201c;Peak Liberty&#x201d; that was renamed
to &#x201c;Orion Globe&#x201d;.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;For
the purpose of the consolidated statement of comprehensive income/(loss), depreciation, as stated in the income statement component,
comprises the following:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89F_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_zgtCJgGXvVIc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Vessels,
net - Consolidated Statement of Comprehensive Income/ (loss)&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20210101__20211231_zraSfuBEYdUh" style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20200101__20201231_zbCXdF5py4v3" style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20190101__20191231_zLP3VEpN4nO6" style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_z4wU32uq9il5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Vessels depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,665&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,253&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,578&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--DepreciationOfficeFurnitureAndEquipment_pn3n3_zP25u2But5nd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation on office furniture and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;39&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;33&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;31&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--DepreciationRightofuseAssets_pn3n3_z0nLcaSOuQ" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation of right of
    use asset&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;206&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;112&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;112&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--DepreciationExpense_iT_pn3n3_zHMY9cPOCKFj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt; width: 68%"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;3,910&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: left; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2,398&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: left; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;4,721&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A5_z16QAKVQYOo3" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 36pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
Company&#x2019;s vessels, except the m/v Power, Diamond and Orion Globe, have been pledged as collateral to secure the bank loans discussed
in note 11.&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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&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;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;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&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;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Vessels,
net (continued)&lt;/b&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Impairment
of non-financial assets:&lt;/b&gt; The Company performed an impairment exercise as at March 31, 2020 on whether there were indicators that
a vessel(s) may be impaired and concluded that impairment indicators existed for all vessels. As at December 31, 2020, the Company performed
an assessment on whether there were indicators that a vessel(s) may be impaired and impairment indicators were identified for two of
the Company&#x2019;s vessels. As impairment indicators were identified during 2020, discounted future cash flows for each vessel with
impairment indicators were determined and compared to the vessel&#x2019;s carrying value. For the discount factor, the Company applied
the Weighted Average Cost of Capital rate that was calculated to be &lt;span id="xdx_905_ecustom--WeightedAverageCostOfCapital_iI_pip0_c20201231_zlSN9q9tN2P4"&gt;4.06%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;as at December 31, 2020. The projected net discounted future cash flows for the first year
were determined by considering an estimated daily time charter equivalent based on the most recent blended (for modern and older vessels)
FFA (i.e. Forward Freight Agreements) time charter rate for the fiscal year 2021 for each type of vessel. For the remaining useful life
of the vessels, &lt;span id="xdx_901_ecustom--TimePeriodConsidered_c20210101__20211231_zEUo07dFDj3j"&gt;the Company used the historical ten-year
blended average one-year time charter rates&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;substituting for the year 2016 that was considered
as extreme values, with the year 2010. Expected outflows for scheduled vessels maintenance were taken into consideration as well as vessel
operating expenses assuming an average annual increase rate of &lt;span id="xdx_909_ecustom--AssumptionOfExpectedRatesOfInflation_iI_pip0_c20211231_zXgMWaqrzlo6"&gt;1%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;based on the historical trend derived from actual results for the Company&#x2019;s vessels
since their delivery under the Company&#x2019;s technical management. The average time charter rates used were in line with the overall
chartering strategy, especially in periods/years of depressed charter rates; reflecting the full operating history of vessels of the
same type and particulars with the Company&#x2019;s operating fleet (Supramax and Panamax vessels with a deadweight (&#x201c;dwt&#x201d;)
of over &lt;span id="xdx_908_ecustom--VesselCapacity_uPure_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zPHll9kh4uz3"&gt;50,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and &lt;span id="xdx_900_ecustom--VesselCapacity_uPure_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zlvnPTtqAkw"&gt;70,000&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively) and they covered at least one full business cycle. Effective fleet utilization was assumed at &lt;span id="xdx_90C_ecustom--AssumptionOfFleetUtilisationRate_iI_pip0_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zRDjXnqoczic"&gt;87%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and &lt;span id="xdx_90F_ecustom--AssumptionOfFleetUtilisationRate_iI_pip0_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zITo32aARqQh"&gt;90%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(including ballast days) for the Supramaxes and the Panamaxes, respectively taking into account
the period(s) each vessel is expected to undergo her scheduled maintenance (dry-docking and special surveys), as well as an estimate
of the period(s) needed for finding suitable employment and off-hire for reasons other than scheduled maintenance, assumptions in line
with the Company&#x2019;s expectations for future fleet utilization under the current fleet deployment strategy.&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;span style="font-size: 10pt"&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: 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at March 31, 2020, the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized
an impairment loss of $&lt;span id="xdx_90A_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20200101__20201231_zBzFoRLdm8H2"&gt;4,615&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
As at December 31, 2020, the Company concluded that no additional impairment loss should be recognized. As at December 31, 2019, the
Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized an impairment loss
of $&lt;span id="xdx_909_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20190101__20191231_zgDHKFdVzR6a"&gt;29,902&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021, the Company performed an assessment on whether there were indicators that a vessel(s) may be impaired and no impairment
indicators were identified for the Company&#x2019;s vessels.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
impairment loss for the years ended December 31, 2020 and 2019, analysed by vessel is as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89D_eifrs-full--DisclosureOfImpairmentOfAssetsExplanatory_zWaZBld2cazd" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Vessels,
net - Impairment loss&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zBNzYuBaZcDg" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20190101__20191231_zKrKjAW40Ffc" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Vessel&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVRiverGlobeMember_z6MtUToEPs9e" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v River Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(332)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(6,920)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSkyGlobeMember_zGwb8tahaA4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Sky Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(1,231)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(8,074)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVStarGlobeMember_zGohHj5i1EN7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Star Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(460)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(7,197)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSunGlobeMember_zXP9Oruikkx9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Sun Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(2,013)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(4,797)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVMoonGlobeMember_zEzZt7G6hq7e" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Moon Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(579)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(2,914)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_zDSeisBJIKe9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Impairment
    loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(4,615)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(29,902)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A5_zDtHtV8i89hj" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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: 0cm"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Reversal
of previously recognized impairment:&lt;/b&gt; The Company also assesses whether there is any indication that a previously recognized impairment
loss for a vessel no longer exists or may have decreased. If an indication of possible reversal is identified, the Company estimates
the recoverable amount of that asset. Such reversal indicators are:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 60pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Observable
                                            indications that the vessel&#x2019;s value has increased significantly and will be sustained.                                            &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 78pt; text-align: justify; text-indent: -18pt"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 60pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Significant
                                            favourable changes in the technological, economic or legal environment incurred or are expected
                                            to be incurred and positively affect vessel&#x2019;s value or increase its revenue generating ability.
                                            &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 60pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Wingdings"&gt;&#xd8;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Market interest rates of return on investments have decreased during
                                                                                                          the period, which will result in decrease of the 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 78pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
Company has assessed current market trends as well as the historical market data, historical market volatility and various qualitative
factors and concluded that no indicators for reversal of impairment were present as of December 31, 2021 and no reversal of previously
recognized impairment losses  is required for the financial year ended December 31, 2021.&lt;span style="font-family: Times New Roman, Times, Serif"&gt;&#160;&#160;&lt;/span&gt;&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;span style="font-size: 10pt"&gt;&#160;&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;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;

&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;

</ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory>
    <glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89C_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_znXRMOxN6bih" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Vessels,
net - Consolidated Statement of Financial Position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: center; font-size: 12pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Vessels
    cost&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Vessels
    accumulated depreciation&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Dry
    docking costs&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Accumulated
    depreciation of dry-docking costs&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: middle"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Net
    Book Value&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance
    at January 1, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z7fHoWccciBh" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;179,427&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zSxnWGXT7ZVb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(97,280)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCNRdg2Ydl0e" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;6,978&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20181231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zuQcNPoajvgb" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance"&gt;&lt;span style="font-size: 10pt"&gt;(5,375)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20181231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVDOvqwr6rP9" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;83,750&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Additions/ Dry Docking Component&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHtsiKnYqEg5" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;54&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKxBsQpFcXvb" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;622&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAR9JRlttEz6" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;676&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Impairment loss&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z13G4aA5zqy3" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(29,902)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zAdz0OvDBUck" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(29,902)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zO8pn8qJDR4b" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(4,578)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zLEOkXj259Y6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(1,704)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20190101__20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zZZRFrFj5oDg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(6,282)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at December 31, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zUuCvfukpfka" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;149,579&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za3bI2zLYk5k" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(101,858)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zMXfhOWLuJGj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;7,600&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zlt3oMjd6eeh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(7,079)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zvRIwZ9mnuY8" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;48,242&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Additions/ Dry Docking Component&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z5McHP2XgTKg" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;18,028&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zI34FVYhbS29" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;4,283&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zIZkS4urANy1" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;22,311&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Impairment loss&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zSylcLPvPZO8" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(4,615)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVeWixOgWec7" style="text-align: right" title="Impairment loss"&gt;&lt;span style="font-size: 10pt"&gt;(4,615)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_znAyGjzIDeN2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(2,253)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z475T4dsznR9" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(1,335)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z79uxbhAxBcg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(3,588)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at December 31, 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zIoW0XzRxOW4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;162,992&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z6QpfqP7Rb35" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(104,111)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zL7uln2SBqdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;11,883&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQ7awIeMg6C7" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;(8,414)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zSa1HNbh11g5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;62,350&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Additions/ Dry Docking Component&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ7FEWrYMLLb" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;70,746&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zdp8BBFXGPz2" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;4,044&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zjjvv7hUoKwe" style="text-align: right" title="Additions/ (Dry Docking Component)"&gt;&lt;span style="font-size: 10pt"&gt;74,790&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zARsq5K5ht2l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(3,665)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zKePfsS2dj8l" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(2,751)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zUoJtR5UIrgg" style="border-bottom: Black 0.5pt solid; text-align: right" title="Depreciation expense"&gt;&lt;span style="font-size: 10pt"&gt;(6,416)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at December 31, 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zYIfODjQmcob" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;233,738&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zEliYqVVVZjf" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;(107,776)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDjrIyN9mjz3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;15,927&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zQxuv8M7xxAh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;(11,165)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Ships_iE_pn3n3_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zNQT9UksXrVd" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;130,724&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory>
    <ifrs-full:Ships
      contextRef="AsOf2018-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">179427000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2018-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">97280000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">6978000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2018-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">5375000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2018-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">83750000</ifrs-full:Ships>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">54000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">622000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">676000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">29902000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">29902000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2019-01-012019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">4578000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2019-01-012019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">1704000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2019-01-012019-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">6282000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:Ships
      contextRef="AsOf2019-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">149579000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2019-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">101858000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">7600000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2019-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">7079000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2019-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">48242000</ifrs-full:Ships>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">18028000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">4283000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">22311000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2020-01-012020-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">2253000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2020-01-012020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">1335000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2020-01-012020-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">3588000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:Ships
      contextRef="AsOf2020-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">162992000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2020-12-31_custom_VesselsMember_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="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">70746000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">4044000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2021-01-012021-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">74790000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2021-01-012021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">3665000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2021-01-012021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">2751000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2021-01-012021-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">6416000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:Ships
      contextRef="AsOf2021-12-31_custom_VesselsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">233738000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2021-12-31_custom_VesselsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">107776000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">15927000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2021-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">11165000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2021-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">130724000</ifrs-full:Ships>
    <glbs:VesselYearBuilt contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember">2015</glbs:VesselYearBuilt>
    <glbs:VesselType contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember">Kamsarmax</glbs:VesselType>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember"
      decimals="0"
      unitRef="USD">18400000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <glbs:VesselCapacity
      contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember"
      decimals="INF"
      unitRef="Pure">81167</glbs:VesselCapacity>
    <glbs:VesselCapacity
      contextRef="From2020-01-012020-12-31_custom_DryBulkCarriersMember"
      decimals="INF"
      unitRef="Pure">381738</glbs:VesselCapacity>
    <glbs:DryDockingCostCapitalised
      contextRef="From2020-01-012020-10-29_custom_GalaxyGlobeMember"
      decimals="-3"
      unitRef="USD">500000</glbs:DryDockingCostCapitalised>
    <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"
      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>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-02-18_custom_NordVenusMember">2021-07-20</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="From2021-01-012021-03-19_custom_Yangze11Member">2021-06-09</glbs:VesselDeliveryDate>
    <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"
      decimals="0"
      unitRef="USD">28400000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember"
      decimals="0"
      unitRef="USD">27900000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <glbs:DryDockingCostCapitalised
      contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember"
      decimals="0"
      unitRef="USD">500000</glbs:DryDockingCostCapitalised>
    <glbs:VesselCapacity
      contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember"
      decimals="INF"
      unitRef="Pure">81837</glbs:VesselCapacity>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember">2021-11-29</glbs:VesselDeliveryDate>
    <glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89F_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_zgtCJgGXvVIc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Vessels,
net - Consolidated Statement of Comprehensive Income/ (loss)&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20210101__20211231_zraSfuBEYdUh" style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20200101__20201231_zbCXdF5py4v3" style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20190101__20191231_zLP3VEpN4nO6" style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_z4wU32uq9il5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Vessels depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,665&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,253&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,578&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--DepreciationOfficeFurnitureAndEquipment_pn3n3_zP25u2But5nd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation on office furniture and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;39&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;33&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;31&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--DepreciationRightofuseAssets_pn3n3_z0nLcaSOuQ" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Depreciation of right of
    use asset&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;206&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;112&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;112&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--DepreciationExpense_iT_pn3n3_zHMY9cPOCKFj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt; width: 68%"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;3,910&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: left; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;2,398&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-weight: bold; text-align: left; width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right; width: 10%"&gt;&lt;span style="font-size: 10pt"&gt;4,721&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory>
    <ifrs-full:DepreciationPropertyPlantAndEquipment
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3665000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2253000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4578000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <glbs:DepreciationOfficeFurnitureAndEquipment
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">39000</glbs:DepreciationOfficeFurnitureAndEquipment>
    <glbs:DepreciationOfficeFurnitureAndEquipment
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">33000</glbs:DepreciationOfficeFurnitureAndEquipment>
    <glbs:DepreciationOfficeFurnitureAndEquipment
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">31000</glbs:DepreciationOfficeFurnitureAndEquipment>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">206000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">112000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">112000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3910000</ifrs-full:DepreciationExpense>
    <ifrs-full:DepreciationExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2398000</ifrs-full:DepreciationExpense>
    <ifrs-full:DepreciationExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4721000</ifrs-full:DepreciationExpense>
    <glbs:WeightedAverageCostOfCapital contextRef="AsOf2020-12-31" decimals="INF" unitRef="Pure">0.0406</glbs:WeightedAverageCostOfCapital>
    <glbs:TimePeriodConsidered contextRef="From2021-01-01to2021-12-31">the Company used the historical ten-year
blended average one-year time charter rates</glbs:TimePeriodConsidered>
    <glbs:AssumptionOfExpectedRatesOfInflation contextRef="AsOf2021-12-31" decimals="INF" unitRef="Pure">0.01</glbs:AssumptionOfExpectedRatesOfInflation>
    <glbs:VesselCapacity
      contextRef="From2021-01-012021-12-31_custom_SupramaxMember"
      decimals="INF"
      unitRef="Pure">50000</glbs:VesselCapacity>
    <glbs:VesselCapacity
      contextRef="From2021-01-012021-12-31_custom_PanamaxMember"
      decimals="INF"
      unitRef="Pure">70000</glbs:VesselCapacity>
    <glbs:AssumptionOfFleetUtilisationRate
      contextRef="AsOf2021-12-31_custom_SupramaxMember"
      decimals="INF"
      unitRef="Pure">0.87</glbs:AssumptionOfFleetUtilisationRate>
    <glbs:AssumptionOfFleetUtilisationRate
      contextRef="AsOf2021-12-31_custom_PanamaxMember"
      decimals="INF"
      unitRef="Pure">0.90</glbs:AssumptionOfFleetUtilisationRate>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">29902000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89D_eifrs-full--DisclosureOfImpairmentOfAssetsExplanatory_zWaZBld2cazd" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Vessels,
net - Impairment loss&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zBNzYuBaZcDg" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20190101__20191231_zKrKjAW40Ffc" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Vessel&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVRiverGlobeMember_z6MtUToEPs9e" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v River Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(332)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(6,920)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSkyGlobeMember_zGwb8tahaA4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Sky Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(1,231)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(8,074)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVStarGlobeMember_zGohHj5i1EN7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Star Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(460)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(7,197)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSunGlobeMember_zXP9Oruikkx9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Sun Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(2,013)&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(4,797)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVMoonGlobeMember_zEzZt7G6hq7e" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;m/v Moon Globe&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(579)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(2,914)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_zDSeisBJIKe9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Impairment
    loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(4,615)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(29,902)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_MVRiverGlobeMember"
      decimals="-3"
      unitRef="USD">332000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_MVRiverGlobeMember"
      decimals="-3"
      unitRef="USD">6920000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_MVSkyGlobeMember"
      decimals="-3"
      unitRef="USD">1231000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_MVSkyGlobeMember"
      decimals="-3"
      unitRef="USD">8074000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_MVStarGlobeMember"
      decimals="-3"
      unitRef="USD">460000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_MVStarGlobeMember"
      decimals="-3"
      unitRef="USD">7197000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_MVSunGlobeMember"
      decimals="-3"
      unitRef="USD">2013000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_MVSunGlobeMember"
      decimals="-3"
      unitRef="USD">4797000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31_custom_MVMoonGlobeMember"
      decimals="-3"
      unitRef="USD">579000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31_custom_MVMoonGlobeMember"
      decimals="-3"
      unitRef="USD">2914000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">29902000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:DisclosureOfInventoriesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_801_eifrs-full--DisclosureOfInventoriesExplanatory_zUVmAJHHg4U8" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;6.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_824_zRPlAGUPAfT5"&gt;Inventories&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;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Inventories
in the consolidated statement of financial position are analysed as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_890_ecustom--DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_zBvDVcIaXPO1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Inventories&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_490_20211231_zFfN39VvKtO" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20201231_zzp0htjPn35c" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--LubricantsInventoryCurrent_iI_pn3n3_zQSgjjEhYfJe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Lubricants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;765&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;319&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--GasCylindersInventoryCurrent_iI_pn3n3_zTXHCnJikmcb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Gas cylinders&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;87&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;75&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--BunkerInventoryCurrent_iI_pn3n3_d0_zi0e8s5Y4z22" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Bunkers&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;854&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--Inventories_iTI_pn3n3_zecVZpC8sWTj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;852&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,248&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A8_zidun4NEbcDf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&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;span style="font-size: 10pt"&gt;&#160;&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;


</ifrs-full:DisclosureOfInventoriesExplanatory>
    <glbs:DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_890_ecustom--DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_zBvDVcIaXPO1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Inventories&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_490_20211231_zFfN39VvKtO" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20201231_zzp0htjPn35c" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--LubricantsInventoryCurrent_iI_pn3n3_zQSgjjEhYfJe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Lubricants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;765&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;319&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--GasCylindersInventoryCurrent_iI_pn3n3_zTXHCnJikmcb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Gas cylinders&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;87&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;75&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--BunkerInventoryCurrent_iI_pn3n3_d0_zi0e8s5Y4z22" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Bunkers&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;854&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--Inventories_iTI_pn3n3_zecVZpC8sWTj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;852&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,248&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory>
    <glbs:LubricantsInventoryCurrent contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">765000</glbs:LubricantsInventoryCurrent>
    <glbs:LubricantsInventoryCurrent contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">319000</glbs:LubricantsInventoryCurrent>
    <glbs:GasCylindersInventoryCurrent contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">87000</glbs:GasCylindersInventoryCurrent>
    <glbs:GasCylindersInventoryCurrent contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">75000</glbs:GasCylindersInventoryCurrent>
    <glbs:BunkerInventoryCurrent contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">0</glbs:BunkerInventoryCurrent>
    <glbs:BunkerInventoryCurrent contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">854000</glbs:BunkerInventoryCurrent>
    <ifrs-full:Inventories contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">852000</ifrs-full:Inventories>
    <ifrs-full:Inventories contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">1248000</ifrs-full:Inventories>
    <ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_806_eifrs-full--DisclosureOfTradeAndOtherPayablesExplanatory_zd3q2MErj1dl" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;7.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_824_zd5X3mVc82G9"&gt;Trade accounts payable&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Trade
accounts payable in the consolidated statement of financial position as at December 31, 2021 and 2020, amounted to $&lt;span id="xdx_908_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_z4pQUdsEnTea"&gt;1,100
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_90A_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zvee3kHuCXw5"&gt;4,758&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively. Trade accounts payable are non-interest bearing.&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;span style="font-size: 10pt"&gt;&#160;&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">1100000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">4758000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80C_eifrs-full--DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_zpyipD8jcrka" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;8.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_826_zOwv6wV6VN5a"&gt;Accrued liabilities and other payables&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 48pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Accrued
liabilities and other payables in the consolidated statement of financial position are analysed as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_897_ecustom--DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_zoroHg5UvBua" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Accrued
liabilities and other payables&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20211231_zdCcJyxt9qlg" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20201231_zIVemaZeRslh" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--CurrentInterestPayable_iI_pn3n3_d0_zX9glUBtpL1g" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued interest&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;179&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--CurrentDebtInstrumentsIssued_iI_pn3n3_d0_zx3mvZKHeI63" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued Interest Swap Loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;30&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--AccruedAuditFeesCurrent_iI_pn3n3_zyTFczQo5MWk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued audit fees&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;82&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;63&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--OtherAccruals_iI_pn3n3_zaj6TuUpJead" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Other accruals&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,262&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,953&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--CurrentInsuranceDeductibles_iI_pn3n3_zufARPQH0Vn2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Insurance deductibles&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;64&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;96&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--OtherCurrentPayables_iI_pn3n3_zRVu86OLIXU4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Other payables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;59&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;47&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iTI_pn3n3_z3asbh4diUWh" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,676&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,159&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;


&lt;p id="xdx_8A6_zBZKucHjwcT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;




&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;Interest on long-term debt is normally
settled quarterly throughout the year and other payables are non-interest bearing.&lt;/p&gt;

&lt;p style="font: 10pt 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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory>
    <glbs:DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_897_ecustom--DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_zoroHg5UvBua" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Accrued
liabilities and other payables&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20211231_zdCcJyxt9qlg" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20201231_zIVemaZeRslh" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--CurrentInterestPayable_iI_pn3n3_d0_zX9glUBtpL1g" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued interest&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;179&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--CurrentDebtInstrumentsIssued_iI_pn3n3_d0_zx3mvZKHeI63" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued Interest Swap Loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;30&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--AccruedAuditFeesCurrent_iI_pn3n3_zyTFczQo5MWk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued audit fees&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;82&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;63&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--OtherAccruals_iI_pn3n3_zaj6TuUpJead" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Other accruals&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,262&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,953&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--CurrentInsuranceDeductibles_iI_pn3n3_zufARPQH0Vn2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Insurance deductibles&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;64&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;96&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--OtherCurrentPayables_iI_pn3n3_zRVu86OLIXU4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Other payables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;59&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;47&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iTI_pn3n3_z3asbh4diUWh" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,676&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,159&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;


</glbs:DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory>
    <ifrs-full:CurrentInterestPayable contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">179000</ifrs-full:CurrentInterestPayable>
    <ifrs-full:CurrentInterestPayable contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">0</ifrs-full:CurrentInterestPayable>
    <ifrs-full:CurrentDebtInstrumentsIssued contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">30000</ifrs-full:CurrentDebtInstrumentsIssued>
    <ifrs-full:CurrentDebtInstrumentsIssued contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">0</ifrs-full:CurrentDebtInstrumentsIssued>
    <glbs:AccruedAuditFeesCurrent contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">82000</glbs:AccruedAuditFeesCurrent>
    <glbs:AccruedAuditFeesCurrent contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">63000</glbs:AccruedAuditFeesCurrent>
    <glbs:OtherAccruals contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">3262000</glbs:OtherAccruals>
    <glbs:OtherAccruals contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">1953000</glbs:OtherAccruals>
    <glbs:CurrentInsuranceDeductibles contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">64000</glbs:CurrentInsuranceDeductibles>
    <glbs:CurrentInsuranceDeductibles contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">96000</glbs:CurrentInsuranceDeductibles>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">59000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">47000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">3676000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2159000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_804_eifrs-full--DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_zaD1lXYdkxB" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;9.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_822_z0JQprxfkRvj"&gt;Share
Capital and Share Premium&lt;/span&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
authorised share capital of Globus consisted of the following:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_890_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zUvAjf3ckF1f" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Share
Capital and Share Premium - Authorised share capital&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;Authorised share capital:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; text-align: left; padding-left: 5.4pt"&gt;&lt;span id="xdx_907_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_z9d6ExANIzXa" style="font-size: 10pt"&gt;500,000,000
    &lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Common shares of par value $&lt;span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zP0R41ViD8x6"&gt;0.004
    &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;each&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span id="xdx_905_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zCGY0gRLhrN1" style="font-size: 10pt"&gt;2,000&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zOoyv3oOHN0c" style="font-size: 10pt"&gt;2,000&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zdTqEIR39qne" style="font-size: 10pt"&gt;2,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span id="xdx_901_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zSkKNmfI5d15" style="font-size: 10pt"&gt;100,000,000
    &lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Class B Common shares of par value $&lt;span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zhVmJce0NXvd"&gt;0.001
    &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;each&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zXrNeyO9Iv11" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z3oicPSpfeAa" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z841EScERD54" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zTSORkBN0Lw" style="font-size: 10pt"&gt;100,000,000
    &lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Preferred shares of par value $&lt;span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zckiiWoudAo8"&gt;0.001
    &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;each&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z6hPygQ597c8" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziSRPpP34VJe" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziddmN73zYd7" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total authorised
    share capital&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231_zu2DY2a16NRh" style="border-bottom: Black 2pt double; font-size: 10pt"&gt;2,200&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_ziLyazTuqWui" style="font-size: 10pt"&gt;2,200&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231_zx7xuo0h0sbf" style="font-size: 10pt"&gt;2,200&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AE_z1AqxXlbT8W1" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span id="xdx_901_ecustom--VotingRights_pid_c20210101__20211231_zEajxlGGkzA9" style="font-size: 10pt"&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.&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;



&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;9.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Share
Capital and Share Premium (continued)&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_892_ecustom--DisclosureOfCommonSharesExplanatory_z2JYelF8EBQ9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;Common Shares issued and fully paid&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;USD&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; font-weight: bold; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at January 1, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zwesRThE3rEe" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;32,057&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z8Exer38Eeik" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issued during the year for share-based compensation
    (note 12)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zxdysFpNSVel" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"&gt;&lt;span style="font-size: 10pt"&gt;180&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock due
    to conversion of loan&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0x5c8aFYcaj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to conversion of loan"&gt;&lt;span style="font-size: 10pt"&gt;19,998&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;

&lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at December 31, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zIXftKlqVRp5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;52,235&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zyQulkG2quR4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issued during the year for share-based compensation
    (note 12)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zNVgKSABIdo9" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"&gt;&lt;span style="font-size: 10pt"&gt;2,812&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock due to conversion of
    loan&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znyKXxsKENr3" style="text-align: right" title="Issuance of common stock due to conversion of loan"&gt;&lt;span style="font-size: 10pt"&gt;11,678&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: -10pt; padding-left: -10pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_ztItKhDc2DAj" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;2,942,848&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IssueOfEquity_pn3n3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z5w7UESBtuH9" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;12&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock due to exercise of pre-funded
    warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zdWldW39Exdc" style="text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 10pt"&gt;25,000&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock
    due to exercise of warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zkHUT8HObtQ4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of warrants"&gt;&lt;span style="font-size: 10pt"&gt;5,550&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at
    December 31, 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zYljASJkjZ19" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;3,040,123&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z1asdDAD6E22" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;12&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issued during the year for share-based compensation
    (note 12)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znGaVvwYJmb5" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"&gt;&lt;span style="font-size: 10pt"&gt;12,178&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zu6wCtNsXGm3" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;14,905,000&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IssueOfEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3Z1uRnePDic" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;60&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock
    due to exercise of pre-funded warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zCXX0LbRhy0c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 10pt"&gt;2,625,000&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z35Mc9vVmCZ2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 10pt"&gt;10&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at
    December 31, 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zUfpnpgzGkrl" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;20,582,301&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zT6sVH4yoiIa" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;82&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;


&lt;p id="xdx_8A7_z3PCRBfpcFK5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;During
the years ended December 31, 2021, 2020 and 2019, Globus issued &lt;span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zbfFmGTCYFSc"&gt;12,178&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
&lt;span id="xdx_90B_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zmirN5Qr6ZQ4"&gt;2,812
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and &lt;span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zu9IY7RgdbTh"&gt;180
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, respectively (par value $&lt;span id="xdx_90A_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zhhiepNtrHq9"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share) as share-based payments.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021, 2020 and 2019, &lt;span id="xdx_90A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zF25wF4fZj91"&gt;no&lt;/span&gt;
&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Class B shares were outstanding.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
June 12, 2020, the Company entered into a stock purchase agreement and issued &lt;span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zjcLU3WAMQE9"&gt;50
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of newly designated Series B Preferred Shares, par value $&lt;span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zoR7XtviC6E3"&gt;0.001
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, to Goldenmare Limited, a company controlled by the Chief Executive Officer, Athanasios
Feidakis, in return for $&lt;span id="xdx_90B_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zk48L3V8H6Bd"&gt;150&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant
to a consultancy agreement. On July 27, 2020, the Company issued an additional &lt;span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zTlB25s875A5"&gt;250
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of its Series B preferred shares to Goldenmare Limited in return for $&lt;span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zYjmS69wcpw9"&gt;150&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
The $150 was settled by reducing, on a dollar-for-dollar basis, the amount payable 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, which received fairness opinions from an independent financial advisor.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
March 2, 2021, the Company entered into a stock purchase agreement and issued &lt;span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zF5aDufv2Cw8"&gt;10,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Series B Preferred Shares, par value $&lt;span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zlDACJrVmvz5"&gt;0.001
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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_90E_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zkSm7GZEDupb"&gt;130&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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, which received fairness opinions from an independent financial advisor.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
April 23, 2019, the outstanding principal amount of $&lt;span id="xdx_905_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zq1QSt0MM7p5"&gt;3,100
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;plus the accrued interest of $&lt;span id="xdx_905_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zumpVBR53Oc2"&gt;70
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;outstanding under the Firment Shipping Inc. Credit Facility was converted to share capital
at a conversion price of $&lt;span id="xdx_90D_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zsVYnzO6UiNb"&gt;280
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share and, accordingly, the Company issued &lt;span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zJzrdwYtHaGi"&gt;11,322
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;new common shares, par value $&lt;span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zwwXTIR57bi5"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, to Firment Shipping Inc.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;During
the year ended December 31, 2019, an amount of approximately $&lt;span id="xdx_907_eifrs-full--Borrowings_iI_pn3n3_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zwezJsDJvUO2"&gt;1,789&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
principal and accrued interest, under the senior convertible note (note 11) was converted to share capital and the Company issued &lt;span id="xdx_909_eifrs-full--NumberOfSharesIssued_iI_pip0_uShares_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_ztDx44ayKJPc"&gt;8,676
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;new common shares, par value $&lt;span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z9qDXLSf9NM7"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, to the holder of the senior convertible note.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;During
the year ended December 31, 2020 and further to the conversion clause included into the Convertible Note (Note 11) an amount of approximately
$&lt;span id="xdx_909_eifrs-full--Borrowings_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zIpoRC5eOuCk"&gt;1,168&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
principal and accrued interest, was converted to share capital at a conversion price of $&lt;span id="xdx_906_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zcVyYh6eK4qd"&gt;100
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share and a total number of &lt;span id="xdx_90F_eifrs-full--NumberOfSharesIssued_iI_pip0_uShares_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_za15PZGlnJ4"&gt;11,678
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;new shares, par value $&lt;span id="xdx_90E_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zlLMEs4tLAn1"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, were issued in name of the holder of the Convertible Note.&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;span style="font-size: 10pt"&gt;&#160;&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;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;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;9.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Share
Capital and Share Premium (continued)&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
June 22, 2020, the Company issued &lt;span id="xdx_90A_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200622_zQ3MDA64TDe7"&gt;342,857
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of its common shares, par value $&lt;span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20211231_z6mYzhAmkwN9"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, in an underwritten public offering at a price of $&lt;span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622_zQCUGa9mnUHe"&gt;35
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per unit. Each unit consisted of one common share and one Class A warrant to purchase one
common share and immediately separated upon issuance. In addition, the Company granted to the underwriter a 45-day option to purchase
up to an additional &lt;span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zLonRQAEqvf8"&gt;51,429
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_90B_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zutbbvfUMlfj"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, (or pre-funded warrants in lieu thereof) and Class A warrants to purchase up to
&lt;span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_z88cG5WY7yag"&gt;51,429
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, at the public offering price less discounts and commissions. The underwriter
exercised its option and purchased &lt;span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zIWgMhOzkyte"&gt;51,393
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_907_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zrGzl7P5n84l"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share and Class A warrants to purchase &lt;span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zJGufu85eFPi"&gt;51,393
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares. &lt;span style="font-family: Times New Roman, Times, Serif"&gt;Each Class A warrant
is immediately exercisable for one common share at an exercise price of $&lt;span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zRGW7BZn3MK3"&gt;35
&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;per share and expires &lt;span id="xdx_908_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_dc_uPure_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_z3o8GwstJSkk"&gt;five
&lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;years from issuance. Total proceeds amounted
to $&lt;span id="xdx_90D_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zEtl0jBVSqgh"&gt;12,695
&lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;before issuance expenses.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021 and 2020, the Company had issued &lt;span id="xdx_90A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zEAEI0OvVwW6"&gt;5,550
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zCg2nR7avtLe"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, pursuant to exercise of outstanding Class A Warrants, resulting to cash proceeds
of $&lt;span id="xdx_90E_ecustom--ProceedsFromWarrantExercises_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zZfp7mo9UIL5"&gt;194&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
and had &lt;span id="xdx_90E_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_ztlapEhAfvk8"&gt;388,700
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Class A Warrants outstanding to purchase an aggregate of &lt;span id="xdx_902_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zqRZHRLq6iX"&gt;388,700
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zfziXzlBcUSg"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share.&lt;/span&gt;&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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
June 30, 2020, the Company issued &lt;span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zOWhFIOSzxrl"&gt;458,500
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of its common shares, par value $&lt;span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zr98YvSbuT64"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, in a registered direct offering and warrants (&#x201c;PP Warrants&#x201d;) to purchase
&lt;span id="xdx_909_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zxOj4ZAo4Tj3"&gt;458,500
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares in a concurrent private placement for a purchase price of $&lt;span id="xdx_90F_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zqdnNoDcNR39"&gt;27
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per common share and PP Warrant. The warrants were exercisable upon issuance and had an exercise
price of $&lt;span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--TopOfRangeMember_zoEBuyA6aIJg"&gt;30
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, subsequently reduced to $&lt;span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--BottomOfRangeMember_zVKaiVHgagJ6"&gt;18
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. Total proceeds amounted to $&lt;span id="xdx_90C_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zf4JBUVY9Yv"&gt;11,513
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;before issuance expenses.&lt;/span&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
July 21, 2020, the Company issued &lt;span id="xdx_90F_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zqgDsG20wy4h"&gt;833,333
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of its common shares, par value $&lt;span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zxRNZD5XRGmh"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, in a registered direct offering and PP Warrants to purchase &lt;span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zVNsQBkBXJe6"&gt;833,333
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares in a concurrent private placement for a purchase price of $&lt;span id="xdx_904_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zAtSWm586rag"&gt;18
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per common share and PP Warrant. The exercise price of each PP Warrant was $&lt;span id="xdx_903_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zDwhkNlvBqdh"&gt;18
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. Concurrently with this offering the exercise price of the PP Warrants issued on
June 30, 2020, were reduced to $18 per share. Total proceeds amounted to $&lt;span id="xdx_909_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zwV59MVdjnf5"&gt;13,950
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;before issuance expenses.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
PP 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
resale of the common shares underlying the private placement warrants under the Securities Act is not effective or available at any time
after the six month anniversary of the date of issuance of the private placement warrants, the holder may, in its sole discretion, elect
to exercise the private placement 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;/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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021 and 2020, no PP Warrants had been exercised and the Company had &lt;span id="xdx_906_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zU7Q9R1kGT05"&gt;1,291,833
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;PP Warrants outstanding to purchase an aggregate of &lt;span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_z1RMP7uAsiud"&gt;1,291,833
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
December 10, 2020, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
in a registered direct offering to issue (a) &lt;span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_ziqTzD0G9SBh"&gt;1,256,765
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of its common shares, par value $&lt;span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z8oMg2UaNrIh"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, (b) pre-funded warrants to purchase &lt;span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zgBgxcB56V0k"&gt;155,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z496brkb2TUj"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, (&#x201c;December 2020 Pre-Funded Warrants&#x201d;), and (c) warrants (&#x201c;December
2020 Warrants&#x201d;) to purchase &lt;span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zOcc1xKEsMuf"&gt;1,270,587
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares with an exercise price of $&lt;span id="xdx_90D_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_z2cLsCooLPY4"&gt;8.50
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. On December 9, 2020, the Company issued &lt;span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z4E5zcjkFWn8"&gt;1,256,765
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;of its common shares, par value $&lt;span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zXO6Vz8XInj9"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, pursuant to this agreement. Total proceeds amounted to $&lt;span id="xdx_900_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20200101__20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zrRNXExOcHxb"&gt;11,159
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;before issuance expenses.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
December 2020 Pre-Funded Warrants are exercisable at any time after their original issuance until exercised in full. The Pre-Funded 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. The exercise price for the
December 2020 Pre-Funded Warrants is $&lt;span id="xdx_903_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zeCTnDkgs0g4"&gt;0.01
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. The December 2020 Pre-Funded Warrants are exercisable at any time after their
original issuance until exercised in full.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2020, 25,000 December 2020 Pre-Funded Warrants had been exercised, resulting to net proceeds of $&lt;span id="xdx_908_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zKEPdz1uXpQ9"&gt;0.25
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and the Company had &lt;span id="xdx_900_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zGUVJXuVVqk5"&gt;130,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;December 2020 Pre-Funded Warrants outstanding to purchase an aggregate of &lt;span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zATv0RB9PN64"&gt;130,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares. On January 13, 2021, the remaining 130,000 December 2020 Pre-Funded Warrants
were exercised, resulting to net proceeds of $&lt;span id="xdx_904_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_z9CRV003Bm19"&gt;1.3
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and the issuance of &lt;span id="xdx_904_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zXKUvvpuCSS9"&gt;130,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares.&lt;/span&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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify"/&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;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;9.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Share
Capital and Share Premium (continued)&lt;/span&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
December 2020 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;/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"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021 and 2020, no December 2020 Warrants had been exercised and the Company had December 2020 Warrants outstanding to
purchase an aggregate of &lt;span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zxbnfJSOnXh6"&gt;1,270,587
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Total
transaction costs for the issuance of common shares in relation to the offerings in 2020 amounted to $&lt;span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20200101__20201231_zFZmYrKl35h7"&gt;1,079&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
January 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
(a) &lt;span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z7wExpKYcARd"&gt;2,155,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zS2pQJBlnXyb"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, (b) pre-funded warrants to purchase &lt;span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z1wcSMusaTKe"&gt;445,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zMxSxRHMNTvl"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share and (c) warrants (the &#x201c;January 2021 Warrants&#x201d;) to purchase &lt;span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_z3e1dgIeuAh8"&gt;1,950,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zoBviiT0X7Ml"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, at an exercise price of $&lt;span id="xdx_90E_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zpi422272DFe"&gt;6.25
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. Total proceeds, net of commission retained by the placement agent, amounted to
$&lt;span id="xdx_90B_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zAxiZ87DQG5g"&gt;15,108&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
before issuance expenses of $&lt;span id="xdx_906_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zrJmNGHHwnKj"&gt;120&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
All 445,000 pre-funded warrants were exercised subsequently with total proceeds of $&lt;span id="xdx_90F_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zHdJTlxTbbZ3"&gt;5&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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;/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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021, no January 2021 Warrants had been exercised and the Company had January 2021 Warrants outstanding to purchase an
aggregate of &lt;span id="xdx_901_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210131__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zz0zEpIRyLhf"&gt;1,950,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
February 17, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue
(a) &lt;span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_za0gcx15yQY6"&gt;3,850,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares par value $&lt;span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zOfPQyiJC4Oa"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, (b) pre-funded warrants to purchase &lt;span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zHsjOvEZX5y2"&gt;950,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNYMXgTxEaOa"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;par value, and (c) warrants (the &#x201c;February 2021 Warrants&#x201d;) to purchase &lt;span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zKws5rsMjbZd"&gt;4,800,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_903_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_z4oUQ0UWPTDg"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, at an exercise price of $&lt;span id="xdx_90B_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zJU77mo7ugjb"&gt;6.25
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. Total proceeds, net of commission retained by the placement agent, amounted to
$&lt;span id="xdx_90F_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zIqd0A48ajc8"&gt;27,891&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
before issuance expenses of $&lt;span id="xdx_90F_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z4ZGIQ0uYbXa"&gt;152&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
All 950,000 pre-funded warrants were exercised subsequently with total proceeds of $&lt;span id="xdx_901_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zHHsSerBTRZ4"&gt;10&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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;/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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021, no February 2021 Warrants had been exercised and the Company had February 2021 Warrants outstanding to purchase
an aggregate of &lt;span id="xdx_909_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210228__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_z8AIi2IcyUk6"&gt;4,800,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares.&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: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;On
June 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue (a)
&lt;span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zauW8AV2wQRl"&gt;8,900,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares par value $&lt;span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zY2zmKKDJNY9"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, (b) pre-funded warrants to purchase &lt;span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0iGU4XPuLF4"&gt;1,100,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zQmaZM9DQDs6"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;par value, and (c) warrants (the &#x201c;June 2021 Warrants&#x201d;) to purchase &lt;span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zB1dJpYxb85e"&gt;10,000,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares, par value $&lt;span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_z3bi9XTsY8Di"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, at an exercise price of $&lt;span id="xdx_906_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zG5vMvBWB1a7"&gt;5.00
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. Total proceeds, net of commission retained by the placement agent, amounted to
$&lt;span id="xdx_904_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zQdgvusKyIE1"&gt;46,581&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
before issuance expenses of approximately $&lt;span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z14ZcdMMP2Ve"&gt;129&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
As at September 30, 2021, 1,100,000 pre-funded warrants were exercised and the total proceeds amounted to $&lt;span id="xdx_905_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zSTuAHEqzBL5"&gt;11&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.&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;span style="font-size: 10pt"&gt;&#160;&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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;9.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Share
Capital and Share Premium (continued)&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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;/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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2021, no June 2021 Warrants had been exercised and the Company had June 2021 Warrants outstanding to purchase an aggregate
of &lt;span id="xdx_90B_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zbUez92aegrf"&gt;10,000,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;common shares.&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: 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;span style="font-size: 10pt"&gt;&#160;&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;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Total
transaction costs for the issuance of common shares in relation to the offerings in 2021 amounted to $&lt;span id="xdx_90F_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20211231_zYXSPfpzfjW"&gt;401&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.&lt;/span&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;span style="font-size: 10pt"&gt;&#160;&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;The Company&#x2019;s
warrants were classified as equity in accordance with the provisions of IAS 32.meet the classification criteria as per IAS 32 and, accordingly,
are classified in equity.&lt;/p&gt;
&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"/&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Share
premium includes the contribution of Globus&#x2019; shareholders to the acquisition of the Company&#x2019;s vessels. Additionally, share
premium includes the effects of the Globus initial and follow-on public offerings, the effects of the settlement of the related party
loans (note 4) with the issuance of the Company&#x2019;s common shares and the effects of the share-based payments described in note 12.
Accordingly, at December 31, 2021, 2020 and 2019, Globus share premium amounted to $&lt;span id="xdx_904_eifrs-full--SharePremium_iI_pn3n3_c20211231_zmd8UNjxrV5d"&gt;284,406&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_90E_eifrs-full--SharePremium_iI_pn3n3_c20201231_zAmEKSOfFzk2"&gt;195,102&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_90F_eifrs-full--SharePremium_iI_pn3n3_c20191231_zdgqzXhuwUU9"&gt;145,527&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively.&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;span style="font-size: 10pt"&gt;&#160;&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory>
    <ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_890_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zUvAjf3ckF1f" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Share
Capital and Share Premium - Authorised share capital&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;Authorised share capital:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; text-align: left; padding-left: 5.4pt"&gt;&lt;span id="xdx_907_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_z9d6ExANIzXa" style="font-size: 10pt"&gt;500,000,000
    &lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Common shares of par value $&lt;span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zP0R41ViD8x6"&gt;0.004
    &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;each&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span id="xdx_905_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zCGY0gRLhrN1" style="font-size: 10pt"&gt;2,000&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zOoyv3oOHN0c" style="font-size: 10pt"&gt;2,000&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zdTqEIR39qne" style="font-size: 10pt"&gt;2,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span id="xdx_901_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zSkKNmfI5d15" style="font-size: 10pt"&gt;100,000,000
    &lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Class B Common shares of par value $&lt;span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zhVmJce0NXvd"&gt;0.001
    &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;each&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zXrNeyO9Iv11" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z3oicPSpfeAa" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z841EScERD54" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zTSORkBN0Lw" style="font-size: 10pt"&gt;100,000,000
    &lt;/span&gt;&lt;span style="font-size: 10pt"&gt;Preferred shares of par value $&lt;span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zckiiWoudAo8"&gt;0.001
    &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;each&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z6hPygQ597c8" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziSRPpP34VJe" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_ziddmN73zYd7" style="font-size: 10pt"&gt;100&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total authorised
    share capital&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231_zu2DY2a16NRh" style="border-bottom: Black 2pt double; font-size: 10pt"&gt;2,200&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_ziLyazTuqWui" style="font-size: 10pt"&gt;2,200&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20191231_zx7xuo0h0sbf" style="font-size: 10pt"&gt;2,200&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2019-12-31_custom_CommonSharesMember"
      decimals="INF"
      unitRef="Shares">500000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2019-12-31_custom_CommonSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2021-12-31_custom_CommonSharesMember"
      decimals="-3"
      unitRef="USD">2000000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2020-12-31_custom_CommonSharesMember"
      decimals="-3"
      unitRef="USD">2000000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2019-12-31_custom_CommonSharesMember"
      decimals="-3"
      unitRef="USD">2000000</glbs:ValueOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="Shares">100000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2021-12-31_custom_ClassBCommonSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2019-12-31_custom_PreferredSharesMember"
      decimals="INF"
      unitRef="Shares">100000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2019-12-31_custom_PreferredSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2021-12-31_custom_PreferredSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2020-12-31_custom_PreferredSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2019-12-31_custom_PreferredSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">2200000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2200000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised contextRef="AsOf2019-12-31" decimals="-3" unitRef="USD">2200000</glbs:ValueOfSharesAuthorised>
    <glbs:VotingRights contextRef="From2021-01-01to2021-12-31">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.</glbs:VotingRights>
    <glbs:DisclosureOfCommonSharesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_892_ecustom--DisclosureOfCommonSharesExplanatory_z2JYelF8EBQ9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;Common Shares issued and fully paid&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;USD&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 79%; font-weight: bold; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at January 1, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zwesRThE3rEe" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;32,057&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z8Exer38Eeik" style="border-bottom: Black 0.5pt solid; width: 10%; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issued during the year for share-based compensation
    (note 12)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zxdysFpNSVel" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"&gt;&lt;span style="font-size: 10pt"&gt;180&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock due
    to conversion of loan&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20190101__20191231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0x5c8aFYcaj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to conversion of loan"&gt;&lt;span style="font-size: 10pt"&gt;19,998&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;

&lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at December 31, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zIXftKlqVRp5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;52,235&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zyQulkG2quR4" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issued during the year for share-based compensation
    (note 12)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zNVgKSABIdo9" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"&gt;&lt;span style="font-size: 10pt"&gt;2,812&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock due to conversion of
    loan&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znyKXxsKENr3" style="text-align: right" title="Issuance of common stock due to conversion of loan"&gt;&lt;span style="font-size: 10pt"&gt;11,678&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: -10pt; padding-left: -10pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_ztItKhDc2DAj" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;2,942,848&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IssueOfEquity_pn3n3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z5w7UESBtuH9" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;12&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock due to exercise of pre-funded
    warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zdWldW39Exdc" style="text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 10pt"&gt;25,000&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock
    due to exercise of warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zkHUT8HObtQ4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of warrants"&gt;&lt;span style="font-size: 10pt"&gt;5,550&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at
    December 31, 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zYljASJkjZ19" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;3,040,123&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z1asdDAD6E22" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance beginning of period"&gt;&lt;span style="font-size: 10pt"&gt;12&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issued during the year for share-based compensation
    (note 12)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znGaVvwYJmb5" style="text-align: right" title="Issued during the year for share-based compensation (note 12)"&gt;&lt;span style="font-size: 10pt"&gt;12,178&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zu6wCtNsXGm3" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;14,905,000&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IssueOfEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3Z1uRnePDic" style="text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 10pt"&gt;60&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Issuance of common stock
    due to exercise of pre-funded warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zCXX0LbRhy0c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 10pt"&gt;2,625,000&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z35Mc9vVmCZ2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 10pt"&gt;10&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;As at
    December 31, 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zUfpnpgzGkrl" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;20,582,301&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zT6sVH4yoiIa" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Balance ending of period"&gt;&lt;span style="font-size: 10pt"&gt;82&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;


</glbs:DisclosureOfCommonSharesExplanatory>
    <ifrs-full:NumberOfSharesIssuedAndFullyPaid
      contextRef="AsOf2018-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">32057</ifrs-full:NumberOfSharesIssuedAndFullyPaid>
    <ifrs-full:IssuedCapital
      contextRef="AsOf2018-12-31_ifrs-full_IssuedCapitalMember433753031"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IssuedCapital>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions
      contextRef="From2019-01-012019-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">180</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments
      contextRef="From2019-01-012019-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">19998</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments>
    <ifrs-full:NumberOfSharesIssuedAndFullyPaid
      contextRef="AsOf2019-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">52235</ifrs-full:NumberOfSharesIssuedAndFullyPaid>
    <ifrs-full:IssuedCapital
      contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember433753187"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IssuedCapital>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">2812</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments
      contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">11678</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">2942848</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember433753250"
      decimals="-3"
      unitRef="USD">12000</ifrs-full:IssueOfEquity>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">25000</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">5550</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity>
    <ifrs-full:NumberOfSharesIssuedAndFullyPaid
      contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">3040123</ifrs-full:NumberOfSharesIssuedAndFullyPaid>
    <ifrs-full:IssuedCapital
      contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember433753296"
      decimals="-3"
      unitRef="USD">12000</ifrs-full:IssuedCapital>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">12178</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">14905000</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember433753328"
      decimals="-3"
      unitRef="USD">60000</ifrs-full:IssueOfEquity>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">2625000</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember433753328"
      decimals="-3"
      unitRef="USD">10000</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:NumberOfSharesIssuedAndFullyPaid
      contextRef="AsOf2021-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">20582301</ifrs-full:NumberOfSharesIssuedAndFullyPaid>
    <ifrs-full:IssuedCapital
      contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember433753390"
      decimals="-3"
      unitRef="USD">82000</ifrs-full:IssuedCapital>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-12-31_custom_CommonSharesMember"
      decimals="INF"
      unitRef="Shares">12178</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-12-31_custom_CommonSharesMember"
      decimals="INF"
      unitRef="Shares">2812</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2019-01-012019-12-31_custom_CommonSharesMember"
      decimals="INF"
      unitRef="Shares">180</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-12-31_custom_CommonSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:NumberOfSharesOutstanding
      contextRef="AsOf2019-12-31_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="Shares">0</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="INF"
      unitRef="Shares">50</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-06-12_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="-3"
      unitRef="USD">150000</glbs:IssueOfPreferredShares>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-07-27_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="INF"
      unitRef="Shares">250</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <glbs:IssueOfPreferredShares
      contextRef="From2020-01-012020-07-27_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="-3"
      unitRef="USD">150000</glbs:IssueOfPreferredShares>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="INF"
      unitRef="Shares">10000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-03-02_custom_AffiliatedCompanyOfCompanysCEOMember_custom_ClassBPreferredSharesMember"
      decimals="-3"
      unitRef="USD">130000</glbs:IssueOfPreferredShares>
    <ifrs-full:Borrowings
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">3100000</ifrs-full:Borrowings>
    <ifrs-full:InterestPayable
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">70000</ifrs-full:InterestPayable>
    <glbs:DebtInstrumentConvertibleConversionPrice
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="USDPShares">280</glbs:DebtInstrumentConvertibleConversionPrice>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Shares">11322</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:Borrowings
      contextRef="AsOf2019-12-31_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">1789000</ifrs-full:Borrowings>
    <ifrs-full:NumberOfSharesIssued
      contextRef="AsOf2019-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="Shares">8676</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2019-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:Borrowings
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">1168000</ifrs-full:Borrowings>
    <glbs:DebtInstrumentConvertibleConversionPrice
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="USDPShares">100</glbs:DebtInstrumentConvertibleConversionPrice>
    <ifrs-full:NumberOfSharesIssued
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="Shares">11678</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-06-22"
      decimals="INF"
      unitRef="Shares">342857</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-12-31"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2020-06-22"
      decimals="INF"
      unitRef="USDPShares">35</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember"
      decimals="INF"
      unitRef="Shares">51429</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember_custom_FortyFiveDayOptionMember"
      decimals="INF"
      unitRef="Shares">51429</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember"
      decimals="INF"
      unitRef="Shares">51393</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember"
      decimals="INF"
      unitRef="Shares">51393</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2020-06-22_custom_MaximGroupLLCMember"
      decimals="INF"
      unitRef="USDPShares">35</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:DescriptionOfOptionLifeShareOptionsGranted
      contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember"
      decimals="INF"
      unitRef="Pure">5</ifrs-full:DescriptionOfOptionLifeShareOptionsGranted>
    <ifrs-full:ProceedsFromExerciseOfOptions
      contextRef="From2020-01-012020-06-22_custom_MaximGroupLLCMember"
      decimals="-3"
      unitRef="USD">12695000</ifrs-full:ProceedsFromExerciseOfOptions>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity
      contextRef="From2020-01-012020-12-31_custom_ClassAWarrantsMember"
      decimals="INF"
      unitRef="Shares">5550</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-31_custom_ClassAWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:ProceedsFromWarrantExercises
      contextRef="From2021-01-012021-12-31_custom_ClassAWarrantsMember"
      decimals="-3"
      unitRef="USD">194000</glbs:ProceedsFromWarrantExercises>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2020-12-31_custom_ClassAWarrantsMember"
      decimals="INF"
      unitRef="Shares">388700</glbs:NumberOfWarrantsOutstanding>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-12-31_custom_ClassAWarrantsMember"
      decimals="INF"
      unitRef="Shares">388700</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-12-31_custom_ClassAWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-06-30_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="Shares">458500</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-06-30_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2020-06-30_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="Shares">458500</glbs:NumberOfSharesCalledByWarrants>
    <glbs:PurchasePriceOfOutstandingWarrants
      contextRef="AsOf2020-06-30_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">27</glbs:PurchasePriceOfOutstandingWarrants>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_TopOfRangeMember"
      decimals="INF"
      unitRef="USDPShares">30</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2020-06-30_custom_PPWarrantsMember_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      unitRef="USDPShares">18</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <glbs:ProceedsFromWarrantExercises
      contextRef="From2020-01-012020-06-30_custom_PPWarrantsMember"
      decimals="-3"
      unitRef="USD">11513000</glbs:ProceedsFromWarrantExercises>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-07-21_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="Shares">833333</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-07-21_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2020-07-21_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="Shares">833333</glbs:NumberOfSharesCalledByWarrants>
    <glbs:PurchasePriceOfOutstandingWarrants
      contextRef="AsOf2020-07-21_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">18</glbs:PurchasePriceOfOutstandingWarrants>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2020-07-21_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">18</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <glbs:ProceedsFromWarrantExercises
      contextRef="From2020-01-012020-07-21_custom_PPWarrantsMember"
      decimals="-3"
      unitRef="USD">13950000</glbs:ProceedsFromWarrantExercises>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2020-12-31_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="Shares">1291833</glbs:NumberOfWarrantsOutstanding>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2020-12-31_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="Shares">1291833</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-12-09_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">1256765</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-09_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2020-12-10_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">155000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-10_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2020-12-10_custom_InstitutionalInvestorsMember_custom_DecemberWarrantsMember"
      decimals="INF"
      unitRef="Shares">1270587</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2020-12-10_custom_InstitutionalInvestorsMember_custom_DecemberWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">8.50</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2020-01-012020-12-09_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">1256765</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-09_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2020-01-012020-12-10_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">11159000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2021-12-31_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.01</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ProceedsFromExerciseOfOptions
      contextRef="From2020-01-012020-12-31_custom_PreFundedWarrantsMember"
      decimals="0"
      unitRef="USD">250</ifrs-full:ProceedsFromExerciseOfOptions>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2020-12-31_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">130000</glbs:NumberOfWarrantsOutstanding>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2020-12-31_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">130000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ProceedsFromExerciseOfOptions
      contextRef="From2021-01-012021-01-13_custom_PreFundedWarrantsMember"
      decimals="0"
      unitRef="USD">1300</ifrs-full:ProceedsFromExerciseOfOptions>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity
      contextRef="From2021-01-012021-01-13_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">130000</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-12-31_custom_DecemberWarrantsMember"
      decimals="INF"
      unitRef="Shares">1270587</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1079000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">2155000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-01-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">445000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-01-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">1950000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2021-01-29_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">6.25</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">15108000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-01-29_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">120000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ProceedsFromExerciseOfOptions
      contextRef="From2021-01-012021-12-31_custom_January2021WarrantsMember"
      decimals="-3"
      unitRef="USD">5000</ifrs-full:ProceedsFromExerciseOfOptions>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2021-01-31_custom_January2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">1950000</glbs:NumberOfWarrantsOutstanding>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">3850000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-02-17_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">950000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-02-17_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">4800000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2021-02-17_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">6.25</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">27891000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-02-17_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">152000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ProceedsFromExerciseOfOptions
      contextRef="From2021-01-012021-12-31_custom_February2021WarrantsMember"
      decimals="-3"
      unitRef="USD">10000</ifrs-full:ProceedsFromExerciseOfOptions>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2021-02-28_custom_February2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">4800000</glbs:NumberOfWarrantsOutstanding>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">8900000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-06-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">1100000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-29_custom_PreFundedWarrantsMember_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">10000000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2021-06-29_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">5.00</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">46581000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-03-012021-06-29_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">129000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:ProceedsFromExerciseOfOptions
      contextRef="From2021-01-012021-12-31_custom_June2021WarrantsMember"
      decimals="-3"
      unitRef="USD">11000</ifrs-full:ProceedsFromExerciseOfOptions>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2021-06-30_custom_June2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">10000000</glbs:NumberOfWarrantsOutstanding>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">401000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:SharePremium contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">284406000</ifrs-full:SharePremium>
    <ifrs-full:SharePremium contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">195102000</ifrs-full:SharePremium>
    <ifrs-full:SharePremium contextRef="AsOf2019-12-31" decimals="-3" unitRef="USD">145527000</ifrs-full:SharePremium>
    <ifrs-full:DisclosureOfEarningsPerShareExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_803_eifrs-full--DisclosureOfEarningsPerShareExplanatory_zsHsrEjnWWad" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;10.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_826_zX7GG6WBpdgf"&gt;Earnings/(Loss) per Share&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Basic earnings
/ (loss) per share (&#x201c;EPS&#x201d; / &#x201c;LPS&#x201d;) is calculated by dividing the net income /(loss) for the year attributable
to Globus shareholders by the weighted average number of shares issued, paid and outstanding.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Diluted earnings
/ (loss) per share is calculated by dividing the net income / (loss) attributable to common equity holders of the parent by the weighted
average shares outstanding during the year plus the weighted average number of common shares that would be issued on the conversion of
all the 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/(losses) per share computation
unless such inclusion would be anti-dilutive.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As for the
year ended December 31, 2021, the securities that could potentially dilute basic EPS in the future are any incremental shares of
unexercised warrants (Note 9). As the warrants were out-of-the money during the period ended December 31, 2021, these were not
included in the computation of diluted EPS, because to do so would have anti-dilutive effect.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As the Company
reported losses for the years ended December 31, 2020 and 2019, the effect of any incremental shares would be antidilutive and thus excluded
from the computation of the LPS.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The following
reflects the net income/(loss) per common share:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89E_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zNVwWusKx4O3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Earnings/(Loss)
per Share&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20210101__20211231_zzlmG8ShgMmd" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20200101__20201231_zTh0doZ8Mhtl" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20190101__20191231_zlj4INfy5TXb" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zB49Uqy71m2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Income/(Loss) attributable
    to common equity holders&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;14,950&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(17,372)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(36,351)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--WeightedAverageShares_pn3n3_z5zPYX2EaSd1" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Weighted average number of shares
    &#x2013; basic and diluted&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;14,809,536&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;959,157&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;41,622&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_ecustom--BasicAndDilutedEarningsLossPerShare_pip0_zNPIlQhkXVv1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Net income/(loss) per common
    share &#x2013; basic and diluted&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1.01&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(18.11)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(873.36)&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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_8A1_zNGZ2OBqISqd" style="font: 9pt Times New Roman, Times, Serif; margin: 0"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;



&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfEarningsPerShareExplanatory>
    <glbs:DisclosureOfEarningsPerShareTableExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89E_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zNVwWusKx4O3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Earnings/(Loss)
per Share&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20210101__20211231_zzlmG8ShgMmd" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20200101__20201231_zTh0doZ8Mhtl" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20190101__20191231_zlj4INfy5TXb" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zB49Uqy71m2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Income/(Loss) attributable
    to common equity holders&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;14,950&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(17,372)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(36,351)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--WeightedAverageShares_pn3n3_z5zPYX2EaSd1" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Weighted average number of shares
    &#x2013; basic and diluted&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;14,809,536&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;959,157&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;41,622&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_ecustom--BasicAndDilutedEarningsLossPerShare_pip0_zNPIlQhkXVv1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Net income/(loss) per common
    share &#x2013; basic and diluted&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1.01&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(18.11)&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(873.36)&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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</glbs:DisclosureOfEarningsPerShareTableExplanatory>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">14950000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-17372000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">-36351000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:WeightedAverageShares
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="Shares">14809536000</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="Shares">959157000</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="Shares">41622000</ifrs-full:WeightedAverageShares>
    <glbs:BasicAndDilutedEarningsLossPerShare
      contextRef="From2021-01-01to2021-12-31"
      decimals="INF"
      unitRef="USDPShares">1.01</glbs:BasicAndDilutedEarningsLossPerShare>
    <glbs:BasicAndDilutedEarningsLossPerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="USDPShares">-18.11</glbs:BasicAndDilutedEarningsLossPerShare>
    <glbs:BasicAndDilutedEarningsLossPerShare
      contextRef="From2019-01-012019-12-31"
      decimals="INF"
      unitRef="USDPShares">-873.36</glbs:BasicAndDilutedEarningsLossPerShare>
    <ifrs-full:DisclosureOfBorrowingsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_802_eifrs-full--DisclosureOfBorrowingsExplanatory_zKuzJM0ADRD5" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;11.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_823_z0bZjnypm6s"&gt;Long-Term Debt, net&lt;/span&gt;&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;span style="font-size: 10pt"&gt;Long-term
debt in the consolidated statement of financial position is analysed as follows:&lt;/span&gt;&lt;/p&gt;


&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"/&gt;

&lt;p id="xdx_894_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_zorZdunRMSa3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Long-Term
Debt, net - Consolidated statement of financial position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: justify"&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Borrower&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Principal&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Deferred
    Finance costs&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Amortised cost&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 67%; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;(a)&#x202f;Devocean Maritime LTD.,
    Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zQddjpLTOJHk" style="width: 10%; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zZlJFfOnTzLf" style="width: 10%; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 10pt"&gt;(447)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zJXL5ORciGda" style="width: 10%; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 10pt"&gt;31,303&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 12pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total at December 31, 2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20211231_z9AIINpjmnhb" style="font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zEKdEmhtvTei" style="font-weight: bold; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 10pt"&gt;(447)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231_zlKhu7aJQQgc" style="font-weight: bold; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 10pt"&gt;31,303&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Less:
    Current Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20211231_zkklLvwreT1g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(5,000)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zVq73IBLthKh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;135&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20211231_z3xLu5acnSni" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(4,865)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-Term
    Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20211231_zui5Lp9vbMdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;26,750&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zTmZS0Az5V3g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;(312)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn3n3_c20211231_zhgm9xqkNS93" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;26,438&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 12pt; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total at December 31, 2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zr3SMbxwRMk3" style="font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_z99GJigbGFi2" style="font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(448)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Borrowings_iI_pn3n3_c20201231_zEfgmDnFzxt6" style="font-weight: bold; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 10pt"&gt;36,552&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Less:
    Current Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zcwCjj8ZvoLg" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(5,970)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zHyLflgYIx61" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;305&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_zTiqa3lHJVWj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(5,665)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-Term
    Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zajrXZcosd11" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;31,030&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zniVWcEgDtwe" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;(143)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zVMLjd0W2Mme" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;30,887&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AD_zRj2nbI4eY9f" style="margin-top: 0; margin-bottom: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&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;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: 2%"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 98%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&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_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z0t5NVXDHEb"&gt;37,000
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;with
                                            EnTrust Global&#x2019;s Blue Ocean Fund &lt;span id="xdx_90B_ecustom--DescriptionOfBorrowingsScope_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zhS5nyDqTdfc"&gt;for
                                            the purpose of refinancing the existing indebtedness secured on the ships and for general
                                            corporate purposes&lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;.
                                            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
                                            is guaranteed by Globus. The loan facility bears interest at &lt;span id="xdx_90A_eifrs-full--BorrowingsInterestRateBasis_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zebwEHm8Ro26"&gt;LIBOR
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;plus
                                            a margin of &lt;span id="xdx_90A_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip0_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_ziNNE8GsKXYi"&gt;8.50%
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;(or
                                            &lt;span id="xdx_90F_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8PPVskNC9Ba"&gt;10.5%
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;default
                                            interest) for interest periods of three months. This loan facility was referred to as EnTrust
                                            loan facility.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;
&lt;p style="text-align: justify"/&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;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"/&gt;

&lt;p style="text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December 31, 2020, the Company was in compliance with the covenants
of the EnTrust Loan Agreement.&lt;/span&gt;&lt;/p&gt;

&lt;p style="text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;In March 2021, the Company prepaid $&lt;span id="xdx_902_ecustom--DebtInstrumentPrepaymentAmount_pdn6_c20210101__20210331__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_znjrTd2Fz54d"&gt;6&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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;/span&gt;&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; text-indent: 0cm"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt 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: 2%"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 98%"&gt;&lt;span style="font-size: 10pt"&gt;In
                                            November 2018, Globus Maritime Limited entered into a credit facility for up to $&lt;span id="xdx_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zecetcZZwue5"&gt;15,000
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;with Firment Shipping Inc., an affiliate of the
                                            Company&#x2019;s chairman, &lt;span id="xdx_907_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zQrGiCpPsxR6"&gt;for
                                            the purpose of financing its general working capital needs&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
                                            The Firment Shipping Credit Facility was unsecured and remained available until its final
                                            maturity date on &lt;span id="xdx_90F_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zguqgW321m3f"&gt;October
                                            31, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;, as amended. The Company had the right
                                            to draw-down any amount of up to $15,000 or prepay any amount in multiples of $&lt;span id="xdx_90C_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zD1cAvs4g1y4"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
                                            Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest
                                            on drawn and outstanding amounts was charged at &lt;span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zV1f5qgTY9Wd"&gt;3.5%
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per annum until December 31, 2020, and thereafter
                                            at &lt;span id="xdx_904_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zLrqtOajUA5c"&gt;7%
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per annum and no commitment fee was charged on
                                            the amounts remaining available and undrawn. Interest was payable the last day of a period
                                            of three months after the draw-down date, after this period in case of failure to pay any
                                            sum due, a default interest of &lt;span id="xdx_90D_ecustom--BorrowingsDefaultInterestRate_iI_pip0_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zcnd1AWHqSN4"&gt;2%
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per annum above the regular interest was charged.
                                            &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 20pt; text-align: justify; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Globus
also had the right, in its sole option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid
interest under the Firment Shipping Credit Facility into common stock. The conversion price would equal the higher of (i) the average
of the daily dollar volume-weighted average sale price for the common stock on the principal market on any trading day during the period
beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (&#x201c;VWAP&#x201d;) over the pricing period multiplied by &lt;span id="xdx_908_ecustom--DebtInstrumentConvertibleConversionMultiplier_pip0_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zHifbJqljNb5"&gt;80%&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
where the &#x201c;Pricing Period&#x201d; equaled the ten consecutive trading days immediately preceding the date on which the conversion
notice was executed or (ii) Two hundred eighty US Dollars ($280).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;As
per the conversion clause included in the Firment Shipping Credit Facility, the Company had recognized this agreement as a hybrid financial
instrument which included an embedded derivative. This embedded derivative component was separated from 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 income statement component of the consolidated
statement of comprehensive income/(loss). For the year ended December 31, 2020, the amount drawn and outstanding with respect to Firment
Shipping Credit Facility was nil.&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; text-indent: -25.55pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;On
April 23, 2019, the Company converted to share capital, as per the conversion clause included in the Firment Shipping Credit Facility
the outstanding principal amount of $&lt;span id="xdx_90E_eifrs-full--Borrowings_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zweUaZje17Fd"&gt;3,100
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;plus the accrued interest of $&lt;span id="xdx_909_eifrs-full--InterestPayable_iI_pn3n3_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zmo0D0oi5phk"&gt;70
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;at a conversion price of $&lt;span id="xdx_902_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zrsCJIubVf3l"&gt;280
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share and issued &lt;span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zTfSfrvHX6f5"&gt;11,322
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;new common shares, par value $&lt;span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zKAt0R7HX3n8"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, on behalf of Firment Shipping Inc. This conversion resulted to a gain of approximately
$&lt;span id="xdx_90F_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20190423__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zOZEZsKwNwce"&gt;117&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which was classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive income/(loss).&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; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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; text-indent: 0pt"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"/&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;11.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Long-Term
Debt, net (continued)&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&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_90B_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zzFxSL7x8Iei"&gt;863&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
The Company recognized a gain on this derivative financial instrument amounting to $&lt;span id="xdx_908_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zDDVTGlac5tl"&gt;220&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which was classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive income/(loss).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As at December
31, 2020, there was an amount of $&lt;span id="xdx_90B_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zX4IuifBFBih"&gt;14,200&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&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 existing Revolving Credit Facility to a Term Credit Facility and extended the maturity date to &lt;span id="xdx_905_eifrs-full--BorrowingsMaturity_c20200101__20200508__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zlMXDqMgxJD1"&gt;October
31, 2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;. The facility with Firment Shipping Inc. expired on October 31, 2021.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Firment
Shipping Credit Facility required that Athanasios Feidakis remained Chief Executive Officer and that Firment Shipping maintained at least
a &lt;span id="xdx_902_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pip0_c20210101__20211231__ifrs-full--RangeAxis__srt--MinimumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zqjszusK01bl"&gt;40%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;shareholding in Globus, other than due to actions taken by Firment Shipping, such as sales
of shares. In connection with the public offering on June 22, 2020 and the registered direct offering on June 30, 2020, July 21, 2020,
December 7, 2020, January 27, 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;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.3pt; text-align: justify; text-indent: -25.55pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;As
at December 31, 2020, the Company was in compliance with the loan covenants of the Firment Shipping Credit Facility.&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; text-indent: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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; text-indent: 0pt"/&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: 2%"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 98%"&gt;&lt;span style="font-size: 10pt"&gt;On
                                            March 13, 2019, the Company signed a securities purchase agreement with a private investor
                                            and on the same date issued, in a transaction exempt from registration under the Securities
                                            Act of 1933, as amended (the &#x201c;Securities Act&#x201d;), for gross proceeds of $&lt;span id="xdx_908_eifrs-full--DebtSecurities_iI_pn6n6_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zhjjy7nzhxVj"&gt;5
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million, a senior convertible note (the &#x201c;Convertible
                                            Note&#x201d;) that is convertible into shares of the Company&#x2019;s common stock, par value
                                            $&lt;span id="xdx_90A_eifrs-full--ParValuePerShare_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zRpG21kVhUSh"&gt;0.004
                                            &lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share. The Convertible Note provided for
                                            interest to accrue at &lt;span id="xdx_90A_ecustom--DebtInstrumentInterestRateStatedPercentage_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zxlHkcxbrIVi"&gt;10%
                                            &lt;/span&gt;&lt;/span&gt;&lt;span id="xdx_90A_ecustom--LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zuFaDnD7Qsm5" style="font-size: 10pt"&gt;annually&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
                                            which interest would originally 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.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt 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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;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;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On March 13,
2020, Company and the holder of the Convertible Note entered into a waiver regarding the Convertible Note (the &#x201c;Waiver&#x201d;).
The Waiver waived the Company&#x2019;s obligation to repay the Convertible Note on the existing maturity date of March 13, 2020 and did
not require the Company to repay the Convertible Note until March 13, 2021.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;As per
the conversion clause included in the Convertible Note, the Company had recognized this agreement as a hybrid financial instrument which
included an embedded derivative. This embedded derivative component was separated from 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 income statement component of the consolidated statement of
comprehensive income/(loss). The initial amount drawn with respect to the Convertible Note was $&lt;span id="xdx_90E_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zfo8lj31vtJk"&gt;5,000&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
The non-derivative host and the derivative component that was initially recognized amounted to $&lt;span id="xdx_903_ecustom--BorrowingsGross_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zcSTlMpSAQve"&gt;1,783
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_904_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zRRjGPjTbU5f"&gt;3,217&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;For the
year ended December 31, 2019, the Company recognized a gain on this derivative financial instrument amounting to $&lt;span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20190101__20191231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zzFUnvd3bIal"&gt;1,815&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which was classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive income/(loss).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Further
to the conversion clause included into the Convertible Note for the year ended December 31, 2020, a total amount of approximately $&lt;span id="xdx_909_eifrs-full--Borrowings_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zptxRI10GAZ8"&gt;1,168&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
principal and accrued interest, was converted to share capital at the conversion price of $&lt;span id="xdx_90C_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zASF3mr4jeA3"&gt;100
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share and a total number of &lt;span id="xdx_90D_eifrs-full--NumberOfSharesIssued_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zZzhzghrK9we"&gt;11,678
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;new shares, par value $&lt;span id="xdx_907_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z66BpwC9wmR4"&gt;0.004
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;per share, were issued in name of the holder of the Convertible Note. The Company recognized
a loss on this derivative financial instrument amounting to $&lt;span id="xdx_902_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zQUis1fAt2Zh"&gt;1,343&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which was classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive income/(loss).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;11.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Long-Term
Debt, net (continued)&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On May
8, 2020, the holder of the Convertible Note waived certain rights and temporarily reduced, until August 31, 2020, the amount the
noteholder would receive upon a redemption of the Convertible Note at the Company&#x2019;s option, such that the Convertible Note
could have been redeemed at the Company&#x2019;s option by paying the greater of (i) the aggregate amounts then outstanding pursuant
to the Convertible Note (rather than 120% of such amounts) and (ii) the product of (x) the number of shares issuable upon a
conversion of the Convertible Note (with respect to the amount being redeemed at the time) multiplied by (y) the greatest closing
sale price of the Company&#x2019;s common shares on any trading day between the date immediately preceding the first such redemption
at the Company&#x2019;s option and the trading day immediately prior to the final Company payment under the Convertible Note. The
foregoing was subject to the Company&#x2019;s redemption of all or part of the Convertible Note in cash with an amount equal to the
lesser of (a) the aggregate amounts then outstanding pursuant to the Convertible Note and (b) 25% of the net proceeds of any public
offering of its securities that close before August 31, 2020.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;On June
25, 2020, the Company repaid the total outstanding principal and interest of the Convertible Note amounting to $&lt;span id="xdx_90F_eifrs-full--RepaymentsOfBondsNotesAndDebentures_pn3n3_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zwz48LB40kz3"&gt;2,528&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
The Company recognized a loss on this derivative financial instrument amounting to $&lt;span id="xdx_908_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zQZwO0XhbyT7"&gt;1,343&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
which was classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive income/(loss).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt 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: 2%"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; width: 98%"&gt;&lt;span style="font-size: 10pt"&gt;In
                                            May 2021, Globus Maritime Limited entered into&#160;a term loan facility with CIT Bank, N.A.,
                                            relating to the refinancing of the Company&#x2019;s ships, the &lt;i&gt;River Globe&lt;/i&gt;, &lt;i&gt;Sky
                                            Globe&lt;/i&gt;, &lt;i&gt;Star Globe&lt;/i&gt;, &lt;i&gt;Moon Globe&lt;/i&gt;, &lt;i&gt;Sun Globe&lt;/i&gt;, and &lt;i&gt;Galaxy Globe&lt;/i&gt;.
                                            The borrowers under the CIT Loan Facility are Devocean Maritime Ltd., Domina Maritime Ltd,
                                            Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime
                                            Limited and the CIT Loan Facility is guaranteed by Globus Maritime Limited.&lt;span style="font-family: Times New Roman, Times, Serif"&gt;&#160;&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 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The loan
agreement was for the lesser of $&lt;span id="xdx_904_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z4vL8i4GGqi7"&gt;34,250
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and &lt;span id="xdx_908_ecustom--PercentageOfCoverageOfBorrowingCapacity_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zuOlHT1gEfWf"&gt;52.5&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%
of the aggregate market value of our ships. The Company drew an aggregate of $&lt;span id="xdx_90A_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zbGFxwzN6UW5"&gt;34,250
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;at closing and &lt;span id="xdx_908_ecustom--DescriptionOfBorrowingsScope_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zgQFNY5HNBG9"&gt;used
a significant portion of the proceeds to fully repay the amounts outstanding under the loan agreement with EnTrust&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.
The Company also entered into a swap agreement with respect to LIBOR. The Company paid CIT Bank an upfront fee in the amount of &lt;span id="xdx_900_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember_zuHWJDVRDo6l"&gt;1.25&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%
of the total commitment of the loan.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The CIT
Loan Facility consists of &lt;span id="xdx_907_ecustom--NumberOfLoanTranches_iI_dc_uPure_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zu6VuveyBnkb"&gt;six
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;tranches, which shall be repaid in &lt;span id="xdx_906_ecustom--DebtInstrumentNumberOfRepaymentInstallments_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zd4heSYe2Fml"&gt;20
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;consecutive &lt;span id="xdx_90C_ecustom--BorrowingsFrequencyOfPeriodicPayment_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zCUWQgSn6Mi4"&gt;quarterly
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;instalments with each instalment in an aggregate amount of $&lt;span id="xdx_908_ecustom--BorrowingsPeriodicPayment_pdn6_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zOArjR146eGj"&gt;1.25
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million as well as a balloon payment in an aggregate amount of $&lt;span id="xdx_901_ecustom--BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_iI_pdn6_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zdQxgvQ02MC8"&gt;9.25
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million due together with the 20th and final instalment due in &lt;span id="xdx_907_eifrs-full--BorrowingsMaturity_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z9Mq8A36Z1O5"&gt;August
2026&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The CIT
Loan Facility bears interest at &lt;span id="xdx_902_eifrs-full--BorrowingsInterestRateBasis_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zfFeifv6biL5"&gt;LIBOR
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;plus &lt;span id="xdx_908_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zbX5dc5uYKPc"&gt;3.75&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%
(or &lt;span id="xdx_903_ecustom--BorrowingsDefaultInterestRate_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zlebmLjsk127"&gt;5.75&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%
default interest). Following any permanent or indefinite cessation of any tenor for LIBOR used for purposes of the CIT Loan (or earlier
based on market conditions as notified by CIT Bank), LIBOR shall be replaced with SOFR as the benchmark rate, subject to certain exceptions.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The CIT
Loan Facility may be prepaid. If the prepayment occurs on or before May 10, 2022, the prepayment fee is &lt;span id="xdx_90C_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeMay2022Member_zAEVwE3VcNr8"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%
of the amount prepaid, subject to certain exceptions. If the prepayment occurs on or before May 10, 2023 but after May 10, 2022, the
prepayment fee is &lt;span id="xdx_907_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeMay2023ButAfterMay2022Member_zoJstkfy2vWg"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;%
of the amount prepaid, subject to certain exceptions. The Company cannot reborrow any amount of the CIT Loan that is prepaid or repaid.&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The CIT
Loan Facility is secured by:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 18pt; text-align: justify; text-indent: 0cm"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 36pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Courier New, Courier, Monospace"&gt;&#x2022;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;First
                                            preferred mortgage over 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. &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 36pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Courier New, Courier, Monospace"&gt;&#x2022;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Guarantee
                                            from Globus Maritime Limited and joint liability of the six vessel owning companies (each
                                            of which is a borrower under the CIT Loan Facility).&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 36pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Courier New, Courier, Monospace"&gt;&#x2022;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Shares
                                            pledges respecting each borrower.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt Book Antiqua, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 36pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Courier New, Courier, Monospace"&gt;&#x2022;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Pledges
                                            of bank accounts, a pledge of each borrower&#x2019;s rights under any interest rate hedging
                                            agreement in respect of the CIT Loan Facility, a general assignment over each ship's earnings,
                                            insurances and any requisition compensation in relation to that ship, and an assignment of
                                            the rights of Globus with respect to any indebtedness owed to it by the borrowers.&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;We are not
permitted, without the written consent of CIT, to enter into a charter the duration of which exceeds or is capable of exceeding, by virtue
of any optional extensions, 12 months.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The CIT
Loan Facility contains various covenants requiring the vessels owning companies and/or Globus Maritime Limited to, among other things,
ensure that:&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;span style="font-size: 10pt"&gt;&#160;&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 0 0 21.3pt; text-align: justify"/&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: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;11.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Long-Term
Debt, net (continued)&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt 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"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%"&gt;
  &lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;The borrowers, must maintain
    a minimum liquidity at all times of not less than $500 for each mortgaged ship.&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 18pt"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%"&gt;
  &lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;For the first 18 months
    of the utilization of the loan, a minimum loan to value ratio of 75% and thereafter 70%.&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 18pt"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%"&gt;
  &lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Each borrower must maintain
    in its earnings account $150 in respect of each ship then subject to a mortgage.&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 18pt"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%"&gt;
  &lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Globus Maritime Limited
    must maintain cash in an amount of not less than $150 for each ship that it owns that is not subject to a mortgage as part of the
    CIT Loan.&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 18pt"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%"&gt;
  &lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Globus Maritime Limited
    must have a maximum leverage ratio of 0.75:1.00.&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 18pt"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%"&gt;
  &lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 24px"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;If Globus Maritime Limited
    pays a dividend, subject to certain exceptions, then the debt service coverage ratio (i.e., aggregate EBITDA of Globus Maritime Limited
    for any period to the debt service for such period) after such dividend and for the remain of the CIT Loan Facility shall be at least
    1.15:1.00.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span id="xdx_904_ecustom--DebtSecuritiesCovenants_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z1hZp5WJZslj" style="font-size: 10pt"&gt;Each
borrower must create a reserve fund in the reserve account to meet the anticipated dry docking and special survey fees and expenses for
the relevant ship owned by it and (for certain ships) the installation of ballast water treatment system on the ship owned by it by maintaining
in the reserve account a minimum credit balance that may not be withdrawn (other than for the purpose of covering the documented and
incurred costs and expenses for the next special survey of that ship). Amounts must be paid into this reserve account quarterly, such
that $1.2 million is set aside by each borrower for its ship&#x2019;s special survey, except for Serena Maritime Limited, who is required
to set aside quarterly payments that aggregate to $900.&lt;/span&gt;&lt;/p&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;No borrower
shall incur or permit to be outstanding any financial indebtedness except &#x201c;Permitted Financial Indebtedness.&#x201d;&lt;/span&gt;&lt;/p&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#x201c;Permitted
Financial Indebtedness&#x201d; means:&lt;/span&gt;&lt;/p&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(a) any
financial indebtedness incurred under the finance documents;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(b) the
indebtedness under the EnTrust loan, which has been repaid;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(c) any
financial indebtedness (including permitted inter-company loans) that is subordinated to all financial indebtedness incurred under the
finance documents pursuant to a subordination agreement or, in the case of any permitted inter-company loans pursuant to the CIT Loan
Facility or otherwise and which is, in the case of any such financial indebtedness of a borrower (other than financial indebtedness arising
out of any permitted inter-company loan), the subject of subordinated debt security; and&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(d) in relation
to a ship, any trade debt on arm's length commercial terms reasonably incurred in the ordinary course of owning, operating, trading,
chartering, maintaining and repairing that ship, which, (i) until 90 days from May 10, 2021 does not exceed $500 (or the equivalent in
any other currency) in aggregate in respect of that ship and remains unpaid; and (ii) on and from the date falling after 90 days from
May 10, 2021 is (x) up to $50 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid
for more than 90 days of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice,
the date on which that borrower becomes aware that the invoice is due and remains outstanding; and (y) is more than $50 and does not
exceed $500 (or the equivalent in any other currency) in aggregate in respect of that ship and does not remain unpaid for more than 30
days of (A) its due date or (B) in the case where the borrower owning that ship has not received the relevant invoice, the date on which
that borrower becomes aware that the invoice is due and remains outstanding.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Globus Maritime
Limited is prohibited from making dividends (other than up to $500 annually on or in respect of its preferred share) in cash or redeem
or repurchase its shares unless there is no event of default under the CIT Loan Facility, the net loan to value ratio is less than 60%
before the making of the dividend and Globus Maritime Limited is in compliance with the debt service coverage ratio, and Globus Maritime
Limited must prepay the CIT Loan Facility in an equal amount of the dividend.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The CIT
Loan Facility also prohibits certain changes of control, including, among other things, the delisting of Globus from the Nasdaq or another
internationally recognized stock exchange, or the acquisition by any person or group of persons (acting in concert) of a majority of
the shareholder voting rights or the ability to appoint a majority of board members or to give directions with respect to the operating
and financial policies of Globus Maritime Limited with which the directors are obliged to comply, other than those persons disclosed
to CIT Bank on or around the date of the CIT Loan Facility and their affiliates and immediate family members.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"&gt;&lt;span style="font-size: 10pt"&gt;The
Company was in compliance with the covenants of the CIT Loan Facility as at December 31, 2021.&lt;/span&gt;&lt;/p&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;11.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Long-Term
Debt, net (continued)&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;&lt;span style="font-size: 10pt"&gt;&#160;&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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2021, were as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_893_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zyFA0PtuDsPc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Long-Term
Debt, net - Annual loan principal payments&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;CIT Bank N.A.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 89%; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2022&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zYWFc4vu6788" style="width: 10%; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="background-color: White; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2023&lt;/span&gt;&lt;/td&gt;&lt;td style="background-color: White"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zml5EDhWREEe" style="background-color: White; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2024&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zADCER3sUdQl" style="text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2025&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zd0bw2irEs3" style="text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2026 and thereafter&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z3Vfy4PWFOVc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;11,750&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zJXsenQHf72c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,750&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2020, were as follows:&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;EnTrust&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 89%; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8mXKkbgJsBl" style="width: 10%; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,970&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2022&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFscFkAs9sa4" style="text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,030&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2023 and thereafter&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z5PvstktrI7c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zn60yyhhzWbl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A3_zf9vfqt7XZt" style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&lt;span style="font-size: 10pt"&gt;The weighted average
interest rate for the years ended December 31, 2021 and 2020, was &lt;span id="xdx_90E_eifrs-full--BorrowingsInterestRate_iI_pip0_c20211231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zQq9JhJl1l84"&gt;5.69%
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and &lt;span id="xdx_906_eifrs-full--BorrowingsInterestRate_iI_pip0_c20201231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zYtcnEuzkZF6"&gt;9.44%&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfBorrowingsExplanatory>
    <glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_894_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_zorZdunRMSa3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Long-Term
Debt, net - Consolidated statement of financial position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: justify"&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Borrower&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Principal&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Deferred
    Finance costs&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Amortised cost&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 67%; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;(a)&#x202f;Devocean Maritime LTD.,
    Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zQddjpLTOJHk" style="width: 10%; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zZlJFfOnTzLf" style="width: 10%; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 10pt"&gt;(447)&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zJXL5ORciGda" style="width: 10%; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 10pt"&gt;31,303&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 12pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total at December 31, 2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20211231_z9AIINpjmnhb" style="font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zEKdEmhtvTei" style="font-weight: bold; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 10pt"&gt;(447)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn3n3_c20211231_zlKhu7aJQQgc" style="font-weight: bold; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 10pt"&gt;31,303&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Less:
    Current Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20211231_zkklLvwreT1g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(5,000)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zVq73IBLthKh" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;135&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20211231_z3xLu5acnSni" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(4,865)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-Term
    Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20211231_zui5Lp9vbMdj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;26,750&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zTmZS0Az5V3g" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;(312)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn3n3_c20211231_zhgm9xqkNS93" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;26,438&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 12pt; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Total at December 31, 2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zr3SMbxwRMk3" style="font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_z99GJigbGFi2" style="font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;(448)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Borrowings_iI_pn3n3_c20201231_zEfgmDnFzxt6" style="font-weight: bold; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 10pt"&gt;36,552&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Less:
    Current Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zcwCjj8ZvoLg" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(5,970)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zHyLflgYIx61" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;305&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_zTiqa3lHJVWj" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 10pt"&gt;(5,665)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-Term
    Portion&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zajrXZcosd11" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;31,030&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zniVWcEgDtwe" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;(143)&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zVMLjd0W2Mme" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 10pt"&gt;30,887&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"
      decimals="-3"
      unitRef="USD">31750000</glbs:BorrowingsGross>
    <glbs:DebtInstrumentUnamortisedDiscount
      contextRef="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"
      decimals="-3"
      unitRef="USD">-447000</glbs:DebtInstrumentUnamortisedDiscount>
    <ifrs-full:Borrowings
      contextRef="AsOf2021-12-31_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"
      decimals="-3"
      unitRef="USD">31303000</ifrs-full:Borrowings>
    <glbs:BorrowingsGross contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">31750000</glbs:BorrowingsGross>
    <glbs:DebtInstrumentUnamortisedDiscount contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">-447000</glbs:DebtInstrumentUnamortisedDiscount>
    <ifrs-full:Borrowings contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">31303000</ifrs-full:Borrowings>
    <glbs:CurrentPortionOfLongTermBorrowingsGross contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">-5000000</glbs:CurrentPortionOfLongTermBorrowingsGross>
    <glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">135000</glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount>
    <ifrs-full:CurrentPortionOfLongtermBorrowings contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">4865000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <glbs:LongTermBorrowingsGross contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">26750000</glbs:LongTermBorrowingsGross>
    <glbs:LongTermDebtInstrumentUnamortisedDiscount contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">-312000</glbs:LongTermDebtInstrumentUnamortisedDiscount>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">26438000</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>
    <glbs:LineOfCreditFacilityMaximumBorrowingCapacity
      contextRef="AsOf2019-06-30_custom_EnTrustMember"
      decimals="-3"
      unitRef="USD">37000000</glbs:LineOfCreditFacilityMaximumBorrowingCapacity>
    <glbs:DescriptionOfBorrowingsScope contextRef="From2019-01-012019-06-30_custom_EnTrustMember">for
                                            the purpose of refinancing the existing indebtedness secured on the ships and for general
                                            corporate purposes</glbs:DescriptionOfBorrowingsScope>
    <ifrs-full:BorrowingsInterestRateBasis contextRef="From2019-01-012019-06-30_custom_EnTrustMember">LIBOR</ifrs-full:BorrowingsInterestRateBasis>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="AsOf2019-06-30_custom_EnTrustMember"
      decimals="INF"
      unitRef="Pure">0.0850</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <glbs:BorrowingsDefaultInterestRate
      contextRef="AsOf2019-06-30_custom_EnTrustMember"
      decimals="INF"
      unitRef="Pure">0.105</glbs:BorrowingsDefaultInterestRate>
    <glbs:DebtInstrumentPrepaymentAmount
      contextRef="From2021-01-012021-03-31_custom_EnTrustMember"
      decimals="0"
      unitRef="USD">6000000</glbs:DebtInstrumentPrepaymentAmount>
    <glbs:LineOfCreditFacilityMaximumBorrowingCapacity
      contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">15000000</glbs:LineOfCreditFacilityMaximumBorrowingCapacity>
    <glbs:DescriptionOfBorrowingsScope contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember">for
                                            the purpose of financing its general working capital needs</glbs:DescriptionOfBorrowingsScope>
    <ifrs-full:BorrowingsMaturity contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember">October
                                            31, 2021</ifrs-full:BorrowingsMaturity>
    <glbs:LineOfCreditFacilityDrawndownAmountsMultiples
      contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">100000</glbs:LineOfCreditFacilityDrawndownAmountsMultiples>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Pure">0.035</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Pure">0.07</ifrs-full:BorrowingsInterestRate>
    <glbs:BorrowingsDefaultInterestRate
      contextRef="AsOf2018-11-30_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Pure">0.02</glbs:BorrowingsDefaultInterestRate>
    <glbs:DebtInstrumentConvertibleConversionMultiplier
      contextRef="From2018-01-012018-11-30_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Pure">0.80</glbs:DebtInstrumentConvertibleConversionMultiplier>
    <ifrs-full:Borrowings
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">3100000</ifrs-full:Borrowings>
    <ifrs-full:InterestPayable
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">70000</ifrs-full:InterestPayable>
    <glbs:DebtInstrumentConvertibleConversionPrice
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="USDPShares">280</glbs:DebtInstrumentConvertibleConversionPrice>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Shares">11322</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2019-04-23_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2019-01-012019-04-23_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">117000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:RepaymentsOfCurrentBorrowings
      contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">863000</ifrs-full:RepaymentsOfCurrentBorrowings>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">220000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:UndrawnBorrowingFacilities
      contextRef="AsOf2020-12-31_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">14200000</ifrs-full:UndrawnBorrowingFacilities>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-012020-05-08_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">October
31, 2021</ifrs-full:BorrowingsMaturity>
    <glbs:ProportionOfOwnershipInterestsHeldByControllingParty
      contextRef="From2021-01-012021-12-31_custom_FirmentShippingIncMember_srt_MinimumMember"
      decimals="INF"
      unitRef="Pure">0.40</glbs:ProportionOfOwnershipInterestsHeldByControllingParty>
    <ifrs-full:DebtSecurities
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="-6"
      unitRef="USD">5000000</ifrs-full:DebtSecurities>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:DebtInstrumentInterestRateStatedPercentage
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="Pure">0.10</glbs:DebtInstrumentInterestRateStatedPercentage>
    <glbs:LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms contextRef="From2019-01-012019-03-13_custom_ConvertibleNoteMember">annually</glbs:LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms>
    <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:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2019-01-012019-12-31_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">1815000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:Borrowings
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">1168000</ifrs-full:Borrowings>
    <glbs:DebtInstrumentConvertibleConversionPrice
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="USDPShares">100</glbs:DebtInstrumentConvertibleConversionPrice>
    <ifrs-full:NumberOfSharesIssued
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="Shares">11678</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-31_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-12-31_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">1343000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:RepaymentsOfBondsNotesAndDebentures
      contextRef="From2020-01-012020-06-25_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">2528000</ifrs-full:RepaymentsOfBondsNotesAndDebentures>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-12-31_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">1343000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <glbs:LineOfCreditFacilityMaximumBorrowingCapacity
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember"
      decimals="-3"
      unitRef="USD">34250000</glbs:LineOfCreditFacilityMaximumBorrowingCapacity>
    <glbs:PercentageOfCoverageOfBorrowingCapacity
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember"
      decimals="INF"
      unitRef="Pure">0.525</glbs:PercentageOfCoverageOfBorrowingCapacity>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember"
      decimals="-3"
      unitRef="USD">34250000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <glbs:DescriptionOfBorrowingsScope contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">used
a significant portion of the proceeds to fully repay the amounts outstanding under the loan agreement with EnTrust</glbs:DescriptionOfBorrowingsScope>
    <glbs:PercentageOfUpfrontFeeInLoanAgreement
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember"
      decimals="INF"
      unitRef="Pure">0.0125</glbs:PercentageOfUpfrontFeeInLoanAgreement>
    <glbs:NumberOfLoanTranches
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember"
      decimals="INF"
      unitRef="Pure">6</glbs:NumberOfLoanTranches>
    <glbs:DebtInstrumentNumberOfRepaymentInstallments contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">20</glbs:DebtInstrumentNumberOfRepaymentInstallments>
    <glbs:BorrowingsFrequencyOfPeriodicPayment contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">quarterly</glbs:BorrowingsFrequencyOfPeriodicPayment>
    <glbs:BorrowingsPeriodicPayment
      contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember"
      decimals="0"
      unitRef="USD">1250000</glbs:BorrowingsPeriodicPayment>
    <glbs:BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember"
      decimals="0"
      unitRef="USD">9250000</glbs:BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid>
    <ifrs-full:BorrowingsMaturity contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">August
2026</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsInterestRateBasis contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">LIBOR</ifrs-full:BorrowingsInterestRateBasis>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember"
      decimals="INF"
      unitRef="Pure">0.0375</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <glbs:BorrowingsDefaultInterestRate
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember"
      decimals="INF"
      unitRef="Pure">0.0575</glbs:BorrowingsDefaultInterestRate>
    <glbs:PercentageOfUpfrontFeeInLoanAgreement
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2022Member"
      decimals="INF"
      unitRef="Pure">0.02</glbs:PercentageOfUpfrontFeeInLoanAgreement>
    <glbs:PercentageOfUpfrontFeeInLoanAgreement
      contextRef="AsOf2021-05-31_custom_CiTLoanFacilityMember_custom_SWAPAgreementMember_custom_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member"
      decimals="INF"
      unitRef="Pure">0.01</glbs:PercentageOfUpfrontFeeInLoanAgreement>
    <glbs:DebtSecuritiesCovenants contextRef="From2021-01-012021-05-31_custom_CiTLoanFacilityMember">Each
borrower must create a reserve fund in the reserve account to meet the anticipated dry docking and special survey fees and expenses for
the relevant ship owned by it and (for certain ships) the installation of ballast water treatment system on the ship owned by it by maintaining
in the reserve account a minimum credit balance that may not be withdrawn (other than for the purpose of covering the documented and
incurred costs and expenses for the next special survey of that ship). Amounts must be paid into this reserve account quarterly, such
that $1.2 million is set aside by each borrower for its ship&#x2019;s special survey, except for Serena Maritime Limited, who is required
to set aside quarterly payments that aggregate to $900.</glbs:DebtSecuritiesCovenants>
    <glbs:DisclosureOfLongTermDebtAnnualPrincipalPayments contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_893_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zyFA0PtuDsPc" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Long-Term
Debt, net - Annual loan principal payments&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;CIT Bank N.A.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 89%; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2022&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zYWFc4vu6788" style="width: 10%; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="background-color: White; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2023&lt;/span&gt;&lt;/td&gt;&lt;td style="background-color: White"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zml5EDhWREEe" style="background-color: White; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2024&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zADCER3sUdQl" style="text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2025&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zd0bw2irEs3" style="text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2026 and thereafter&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z3Vfy4PWFOVc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;11,750&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zJXsenQHf72c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,750&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;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
contractual annual loan principal payments per lender to be made subsequent to December 31, 2020, were as follows:&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;December 31,&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;EnTrust&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 89%; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z8mXKkbgJsBl" style="width: 10%; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;5,970&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2022&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFscFkAs9sa4" style="text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;31,030&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2023 and thereafter&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z5PvstktrI7c" style="border-bottom: Black 0.5pt solid; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zn60yyhhzWbl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfLongTermDebtAnnualPrincipalPayments>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CiTMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_CiTMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_CiTMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_CiTMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanFiveYearsMember_custom_CiTMember"
      decimals="-3"
      unitRef="USD">11750000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_custom_CiTMember"
      decimals="-3"
      unitRef="USD">31750000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_EnTrustMember"
      decimals="-3"
      unitRef="USD">5970000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2020-12-31_custom_LaterThanTwoYearAndNotLaterThanThreeYearsMember_custom_EnTrustMember"
      decimals="-3"
      unitRef="USD">31030000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsMember_custom_EnTrustMember"
      decimals="-3"
      unitRef="USD">0</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2020-12-31_custom_EnTrustMember"
      decimals="-3"
      unitRef="USD">37000000</glbs:BorrowingsGross>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_ifrs-full_WeightedAverageMember"
      decimals="INF"
      unitRef="Pure">0.0569</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2020-12-31_ifrs-full_WeightedAverageMember"
      decimals="INF"
      unitRef="Pure">0.0944</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80D_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zSwzWZziB5s7" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;12.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_824_zlE8Ehypie0e"&gt;Share Based Payment&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;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Share-based
payments are quarterly restrictive shares issued to the Company&#x2019;s Non-executive directors for their services and in accordance
with appointment letters.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;Share
based payment comprise the following:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"/&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; text-indent: 1cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_890_ecustom--DisclosureOfShareBasedPayment_zlL6ehwzKwI1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -20pt; display: none; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Share
Based Payment&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of common
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of preferred
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Share premium&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Retained earnings&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Non-executive
    directors&#x2019; payment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_z646aWwXrzid" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;12,178&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zjsvZJvh6O3d" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at
    December 31, 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zUoXFyNWGCfg" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;12,178&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zc33R6C2OHkk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&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: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of common
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of preferred
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Share premium&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Retained earnings&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Non-executive
    directors&#x2019; payment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zSul0sy4Zu03" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;2,812&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAZleSNK8Yil" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance
    at December 31, 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zm3NuibzcUOl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,812&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zhXlBcruPZgk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of common
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of preferred
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Share premium&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Retained earnings&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Non-executive
    directors&#x2019; payment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zu0xPTbUmBsf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;180&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zDFrQZBsgtyf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance
    at December 31, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zK767zaNt0P7" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;180&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z6bm8mFhBP4c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A7_zuxialTRYAk7" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"/&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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

</ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory>
    <glbs:DisclosureOfShareBasedPayment contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_890_ecustom--DisclosureOfShareBasedPayment_zlL6ehwzKwI1" style="font: 9pt Times New Roman, Times, Serif; margin: 0 -20pt; display: none; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Share
Based Payment&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of common
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of preferred
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Share premium&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Retained earnings&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Non-executive
    directors&#x2019; payment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_z646aWwXrzid" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;12,178&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zjsvZJvh6O3d" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance at
    December 31, 2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zUoXFyNWGCfg" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;12,178&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zc33R6C2OHkk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&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: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of common
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of preferred
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Share premium&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Retained earnings&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Non-executive
    directors&#x2019; payment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zSul0sy4Zu03" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;2,812&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAZleSNK8Yil" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance
    at December 31, 2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zm3NuibzcUOl" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,812&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zhXlBcruPZgk" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of common
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Number of preferred
    shares&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Share premium&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Retained earnings&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 57%; font-size: 12pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Non-executive
    directors&#x2019; payment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zu0xPTbUmBsf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (shares) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;180&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zDFrQZBsgtyf" style="border-bottom: Black 0.5pt solid; text-align: right" title="Stock issued during the year (value) - Share based compensation"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Balance
    at December 31, 2019&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20190101__20191231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zK767zaNt0P7" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;180&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20190101__20191231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z6bm8mFhBP4c" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;40&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfShareBasedPayment>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember"
      decimals="INF"
      unitRef="Shares">12178</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2021-01-012021-12-31_custom_NumberOfCommonSharesMember"
      decimals="INF"
      unitRef="Shares">12178</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember"
      decimals="INF"
      unitRef="Shares">2812</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2020-01-012020-12-31_custom_NumberOfCommonSharesMember"
      decimals="INF"
      unitRef="Shares">2812</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember_custom_NonExecutiveDirectorsMember"
      decimals="INF"
      unitRef="Shares">180</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2019-01-012019-12-31_custom_NumberOfCommonSharesMember"
      decimals="INF"
      unitRef="Shares">180</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2019-01-012019-12-31_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">40000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80D_eifrs-full--DisclosureOfOtherOperatingExpenseExplanatory_zSI1ScknWfIj" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;13.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_822_zvnK2UEfkZrf"&gt;Voyage Expenses and Vessel Operating Expenses&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Voyage expenses
and vessel operating expenses in the consolidated statements of comprehensive income/(loss)&#x202f;consisted of the following:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_890_ecustom--DisclosureOfVoyageExpenses_zA3ymnv2I439" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Voyage
Expenses and Vessel Operating Expenses - Voyage expenses&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -40pt; text-align: left; text-indent: 0.5in"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#x202f;&#x202f;&#x202f;Voyage
expenses consisted of:&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20210101__20211231_z8GEQ90CXoEj" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zvbB8VQMq6Oc" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20190101__20191231_zS3HKpJs1AR1" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--FeeAndCommissionExpense_pn3n3_maSEzQU5_z0wrQyvTkdJk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Commissions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;626&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;160&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;224&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--FuelExpense_pn3n3_d0_maSEzQU5_zkS81mXKfBei" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Bunkers expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,117&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,634&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--OtherVoyageExpense_pn3n3_maSEzQU5_z55sHwX2QoO8" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other voyage expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;502&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;213&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;240&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ServicesExpense_iT_pn3n3_mtSEzQU5_zzDRUDwWAm94" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,128&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,490&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,098&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A7_zyyMegpDanu5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&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;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -20pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Vessel
operating expenses consisted of:&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89A_ecustom--DisclosureOfVesselOperatingExpenses_zcN0I9XnoXmh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: left"&gt;&lt;span id="xdx_8B2_zhNlqIpS416i" style="font-size: 10pt"&gt;Voyage
Expenses and Vessel Operating Expenses - Vessel operating expenses&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231_z4dJUt3qEeu5" style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20200101__20201231_zz2CpewluRrl" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20190101__20191231_z5VCTBL7ox77" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--WagesAndSalaries_pn3n3_maOCzIBf_z3iSQUbScYQ7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 68%; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Crew wages and related
    costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;7,570&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,865&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,670&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--InsuranceExpense_pn3n3_maOCzIBf_zUhuVrCZfuql" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Insurance&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,067&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;661&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;664&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--RepairsAndMaintenanceExpense_pn3n3_maOCzIBf_zhoXEBLYLoYb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Spares, repairs and maintenance&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,414&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,574&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,884&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--RawMaterialsAndConsumablesUsed_pn3n3_maOCzIBf_zBMIG1BHPkwf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Lubricants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;555&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;434&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;517&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--StoresExpense_pn3n3_maOCzIBf_z65yoIW6spz5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Stores&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,712&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;787&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;820&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--MiscellaneousOtherOperatingExpense_pn3n3_maOCzIBf_zcMnZ5ilrrpk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;490&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;260&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;327&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--OperatingCosts_iT_pn3n3_mtOCzIBf_zO8n67fKAl82" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;13,808&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;8,581&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;8,882&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;span style="font-size: 10pt"&gt;&#160;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_8AA_zxQxBIiDwWDl" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&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;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory>
    <glbs:DisclosureOfVoyageExpenses contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_890_ecustom--DisclosureOfVoyageExpenses_zA3ymnv2I439" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Voyage
Expenses and Vessel Operating Expenses - Voyage expenses&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 -40pt; text-align: left; text-indent: 0.5in"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#x202f;&#x202f;&#x202f;Voyage
expenses consisted of:&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20210101__20211231_z8GEQ90CXoEj" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zvbB8VQMq6Oc" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20190101__20191231_zS3HKpJs1AR1" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--FeeAndCommissionExpense_pn3n3_maSEzQU5_z0wrQyvTkdJk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Commissions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;626&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;160&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;224&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--FuelExpense_pn3n3_d0_maSEzQU5_zkS81mXKfBei" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Bunkers expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,117&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,634&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--OtherVoyageExpense_pn3n3_maSEzQU5_z55sHwX2QoO8" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other voyage expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;502&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;213&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;240&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ServicesExpense_iT_pn3n3_mtSEzQU5_zzDRUDwWAm94" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,128&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,490&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,098&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfVoyageExpenses>
    <ifrs-full:FeeAndCommissionExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">626000</ifrs-full:FeeAndCommissionExpense>
    <ifrs-full:FeeAndCommissionExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">160000</ifrs-full:FeeAndCommissionExpense>
    <ifrs-full:FeeAndCommissionExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">224000</ifrs-full:FeeAndCommissionExpense>
    <ifrs-full:FuelExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">0</ifrs-full:FuelExpense>
    <ifrs-full:FuelExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2117000</ifrs-full:FuelExpense>
    <ifrs-full:FuelExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1634000</ifrs-full:FuelExpense>
    <glbs:OtherVoyageExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">502000</glbs:OtherVoyageExpense>
    <glbs:OtherVoyageExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">213000</glbs:OtherVoyageExpense>
    <glbs:OtherVoyageExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">240000</glbs:OtherVoyageExpense>
    <ifrs-full:ServicesExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1128000</ifrs-full:ServicesExpense>
    <ifrs-full:ServicesExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">2490000</ifrs-full:ServicesExpense>
    <ifrs-full:ServicesExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">2098000</ifrs-full:ServicesExpense>
    <glbs:DisclosureOfVesselOperatingExpenses contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89A_ecustom--DisclosureOfVesselOperatingExpenses_zcN0I9XnoXmh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: left"&gt;&lt;span id="xdx_8B2_zhNlqIpS416i" style="font-size: 10pt"&gt;Voyage
Expenses and Vessel Operating Expenses - Vessel operating expenses&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231_z4dJUt3qEeu5" style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_495_20200101__20201231_zz2CpewluRrl" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20190101__20191231_z5VCTBL7ox77" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--WagesAndSalaries_pn3n3_maOCzIBf_z3iSQUbScYQ7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 68%; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Crew wages and related
    costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;7,570&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,865&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,670&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--InsuranceExpense_pn3n3_maOCzIBf_zUhuVrCZfuql" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Insurance&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,067&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;661&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;664&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--RepairsAndMaintenanceExpense_pn3n3_maOCzIBf_zhoXEBLYLoYb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Spares, repairs and maintenance&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,414&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,574&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,884&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--RawMaterialsAndConsumablesUsed_pn3n3_maOCzIBf_zBMIG1BHPkwf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Lubricants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;555&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;434&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;517&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--StoresExpense_pn3n3_maOCzIBf_z65yoIW6spz5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Stores&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,712&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;787&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;820&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--MiscellaneousOtherOperatingExpense_pn3n3_maOCzIBf_zcMnZ5ilrrpk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;490&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;260&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;327&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--OperatingCosts_iT_pn3n3_mtOCzIBf_zO8n67fKAl82" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;13,808&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;8,581&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;8,882&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;span style="font-size: 10pt"&gt;&#160;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</glbs:DisclosureOfVesselOperatingExpenses>
    <ifrs-full:WagesAndSalaries
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">7570000</ifrs-full:WagesAndSalaries>
    <ifrs-full:WagesAndSalaries
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4865000</ifrs-full:WagesAndSalaries>
    <ifrs-full:WagesAndSalaries
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4670000</ifrs-full:WagesAndSalaries>
    <ifrs-full:InsuranceExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1067000</ifrs-full:InsuranceExpense>
    <ifrs-full:InsuranceExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">661000</ifrs-full:InsuranceExpense>
    <ifrs-full:InsuranceExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">664000</ifrs-full:InsuranceExpense>
    <ifrs-full:RepairsAndMaintenanceExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">2414000</ifrs-full:RepairsAndMaintenanceExpense>
    <ifrs-full:RepairsAndMaintenanceExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1574000</ifrs-full:RepairsAndMaintenanceExpense>
    <ifrs-full:RepairsAndMaintenanceExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1884000</ifrs-full:RepairsAndMaintenanceExpense>
    <ifrs-full:RawMaterialsAndConsumablesUsed
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">555000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">434000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">517000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <glbs:StoresExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1712000</glbs:StoresExpense>
    <glbs:StoresExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">787000</glbs:StoresExpense>
    <glbs:StoresExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">820000</glbs:StoresExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">490000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">260000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">327000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <glbs:OperatingCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">13808000</glbs:OperatingCosts>
    <glbs:OperatingCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">8581000</glbs:OperatingCosts>
    <glbs:OperatingCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">8882000</glbs:OperatingCosts>
    <ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_801_eifrs-full--DisclosureOfGeneralAndAdministrativeExpenseExplanatory_zqeH81GOGJD4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;14.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_829_zL2cvOqUIuAk"&gt;Administrative Expenses&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The amount
shown in the consolidated statements of comprehensive income/(loss) is analysed as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_895_ecustom--DisclosureOfAdministrativeExpenses_zZ6A5CRmXn1g" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Administrative
Expenses&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20210101__20211231_zWvYZjC9F469" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20200101__20201231_zf4FJgoE10Zh" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20190101__20191231_znthronkfGy" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--PersonnelExpense_pn3n3_maAEzTMy_zo0tnFAuIe55" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Personnel expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,455&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,013&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,006&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--AuditorsRemuneration_pn3n3_maAEzTMy_zWcWhAzkAGza" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Audit fees&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;215&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;143&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;98&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--ConsultingFeesExpense_pn3n3_maAEzTMy_zHyjNKRSnfC1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Consulting fees&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;329&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;243&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;191&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--CommunicationExpense_pn3n3_maAEzTMy_zetg10N48ZM2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Communication&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;16&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;12&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;7&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--StationeryExpense_pn3n3_maAEzTMy_z5ScGIc2wSYb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Stationery&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;6&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_maAEzTMy_zufB5bvvcSX8" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Greek tax authorities (note 19)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;185&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;130&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;116&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--OtherExpenseByNature_pn3n3_maAEzTMy_zYnbSTPhkmt7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;404&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;347&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;163&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--AdministrativeExpense_iT_pn3n3_mtAEzTMy_zl6whIxzMao3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,610&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,891&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,583&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A2_zs1ldvGn3EP" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory>
    <glbs:DisclosureOfAdministrativeExpenses contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_895_ecustom--DisclosureOfAdministrativeExpenses_zZ6A5CRmXn1g" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Administrative
Expenses&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20210101__20211231_zWvYZjC9F469" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20200101__20201231_zf4FJgoE10Zh" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20190101__20191231_znthronkfGy" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--PersonnelExpense_pn3n3_maAEzTMy_zo0tnFAuIe55" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Personnel expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,455&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,013&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,006&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--AuditorsRemuneration_pn3n3_maAEzTMy_zWcWhAzkAGza" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Audit fees&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;215&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;143&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;98&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--ConsultingFeesExpense_pn3n3_maAEzTMy_zHyjNKRSnfC1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Consulting fees&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;329&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;243&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;191&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--CommunicationExpense_pn3n3_maAEzTMy_zetg10N48ZM2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Communication&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;16&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;12&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;7&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--StationeryExpense_pn3n3_maAEzTMy_z5ScGIc2wSYb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Stationery&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;6&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_maAEzTMy_zufB5bvvcSX8" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Greek tax authorities (note 19)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;185&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;130&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;116&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--OtherExpenseByNature_pn3n3_maAEzTMy_zYnbSTPhkmt7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;404&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;347&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;163&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--AdministrativeExpense_iT_pn3n3_mtAEzTMy_zl6whIxzMao3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; font-weight: bold; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2,610&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,891&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,583&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfAdministrativeExpenses>
    <glbs:PersonnelExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1455000</glbs:PersonnelExpense>
    <glbs:PersonnelExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1013000</glbs:PersonnelExpense>
    <glbs:PersonnelExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1006000</glbs:PersonnelExpense>
    <ifrs-full:AuditorsRemuneration
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">215000</ifrs-full:AuditorsRemuneration>
    <ifrs-full:AuditorsRemuneration
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">143000</ifrs-full:AuditorsRemuneration>
    <ifrs-full:AuditorsRemuneration
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">98000</ifrs-full:AuditorsRemuneration>
    <glbs:ConsultingFeesExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">329000</glbs:ConsultingFeesExpense>
    <glbs:ConsultingFeesExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">243000</glbs:ConsultingFeesExpense>
    <glbs:ConsultingFeesExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">191000</glbs:ConsultingFeesExpense>
    <ifrs-full:CommunicationExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">16000</ifrs-full:CommunicationExpense>
    <ifrs-full:CommunicationExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">12000</ifrs-full:CommunicationExpense>
    <ifrs-full:CommunicationExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">7000</ifrs-full:CommunicationExpense>
    <glbs:StationeryExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">6000</glbs:StationeryExpense>
    <glbs:StationeryExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">3000</glbs:StationeryExpense>
    <glbs:StationeryExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">2000</glbs:StationeryExpense>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">185000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">130000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">116000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:OtherExpenseByNature
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">404000</ifrs-full:OtherExpenseByNature>
    <ifrs-full:OtherExpenseByNature
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">347000</ifrs-full:OtherExpenseByNature>
    <ifrs-full:OtherExpenseByNature
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">163000</ifrs-full:OtherExpenseByNature>
    <ifrs-full:AdministrativeExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">2610000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">1891000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">1583000</ifrs-full:AdministrativeExpense>
    <ifrs-full:DisclosureOfInterestExpenseExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_802_eifrs-full--DisclosureOfInterestExpenseExplanatory_zmPFJdellTh4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;15.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_82B_zR315FlCCu6e"&gt;Interest Expense and Finance Costs&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"&gt;&lt;span style="font-size: 10pt"&gt;The
amounts in the consolidated statements of comprehensive income/(loss) are analysed as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_897_ecustom--DisclosureOfInterestExpenseAndFinanceCostsExplanatory_z8VapICuIbT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Interest
Expense and Finance Costs&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20210101__20211231_zj8ZL3G63t8" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20200101__20201231_zFBXb3otA0vb" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20190101__20191231_zEUyxpsZyvl2" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--InterestExpense_pn3n3_zkACRTG1oNHl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Interest payable on
    long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,958&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,721&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,603&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--BankAndSimilarCharges_pn3n3_zj5iYFTm1udj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Bank charges&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;59&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;69&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;28&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--AmortizationOfDebtDiscount_pn3n3_zowwCtgB1NW4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Amortization of debt discount&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;547&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;293&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;383&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_z5vI98INjiTl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Operating lease liability interest&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;52&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;44&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;51&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--OtherFinanceCost_pn3n3_zy4zHjgyxRKk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other finance
    expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;646&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;28&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;638&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--FinanceCosts_iT_pn3n3_zU8cIBZTTF54" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,262&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,155&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,703&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AA_zf4nvCedv6l3" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Other finance
expenses for 2021 include approximately $&lt;span id="xdx_904_eifrs-full--OtherFinanceCost_pdn6_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zFomfkQclz1l"&gt;0.6
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;million that were the loan prepayment fee and expenses relating to the prepayment of EnTrust
loan facility.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; 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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

</ifrs-full:DisclosureOfInterestExpenseExplanatory>
    <glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_897_ecustom--DisclosureOfInterestExpenseAndFinanceCostsExplanatory_z8VapICuIbT2" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Interest
Expense and Finance Costs&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20210101__20211231_zj8ZL3G63t8" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20200101__20201231_zFBXb3otA0vb" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20190101__20191231_zEUyxpsZyvl2" style="font-size: 12pt; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;For the year ended December 31,&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--InterestExpense_pn3n3_zkACRTG1oNHl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 68%; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Interest payable on
    long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1,958&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,721&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,603&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--BankAndSimilarCharges_pn3n3_zj5iYFTm1udj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Bank charges&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;59&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;69&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;28&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--AmortizationOfDebtDiscount_pn3n3_zowwCtgB1NW4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Amortization of debt discount&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;547&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;293&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;383&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_z5vI98INjiTl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Operating lease liability interest&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;52&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;44&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;51&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--OtherFinanceCost_pn3n3_zy4zHjgyxRKk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Other finance
    expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;646&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;28&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;638&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--FinanceCosts_iT_pn3n3_zU8cIBZTTF54" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: left; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3,262&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,155&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,703&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory>
    <ifrs-full:InterestExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">1958000</ifrs-full:InterestExpense>
    <ifrs-full:InterestExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">3721000</ifrs-full:InterestExpense>
    <ifrs-full:InterestExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">3603000</ifrs-full:InterestExpense>
    <ifrs-full:BankAndSimilarCharges
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">59000</ifrs-full:BankAndSimilarCharges>
    <ifrs-full:BankAndSimilarCharges
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">69000</ifrs-full:BankAndSimilarCharges>
    <ifrs-full:BankAndSimilarCharges
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">28000</ifrs-full:BankAndSimilarCharges>
    <glbs:AmortizationOfDebtDiscount
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">547000</glbs:AmortizationOfDebtDiscount>
    <glbs:AmortizationOfDebtDiscount
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">293000</glbs:AmortizationOfDebtDiscount>
    <glbs:AmortizationOfDebtDiscount
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">383000</glbs:AmortizationOfDebtDiscount>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">52000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">44000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">51000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:OtherFinanceCost
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">646000</ifrs-full:OtherFinanceCost>
    <ifrs-full:OtherFinanceCost
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">28000</ifrs-full:OtherFinanceCost>
    <ifrs-full:OtherFinanceCost
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">638000</ifrs-full:OtherFinanceCost>
    <ifrs-full:FinanceCosts
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">3262000</ifrs-full:FinanceCosts>
    <ifrs-full:FinanceCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">4155000</ifrs-full:FinanceCosts>
    <ifrs-full:FinanceCosts
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">4703000</ifrs-full:FinanceCosts>
    <ifrs-full:OtherFinanceCost
      contextRef="From2021-01-012021-12-31_custom_EnTrustMember"
      decimals="0"
      unitRef="USD">600000</ifrs-full:OtherFinanceCost>
    <ifrs-full:DisclosureOfDividendsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_809_eifrs-full--DisclosureOfDividendsExplanatory_zXzPDn0UeoFg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;16.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_823_zIDyAxlTDPl3"&gt;Dividends&lt;/span&gt;&lt;/b&gt;&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;span style="font-size: 10pt; font-weight: normal"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt; font-weight: normal"&gt;&lt;span id="xdx_90F_eifrs-full--DividendsPaidClassifiedAsFinancingActivities_do_c20190101__20191231_zV2op7ozqdk4"&gt;No&lt;/span&gt;
&lt;/span&gt;&lt;span style="font-size: 10pt; font-weight: normal"&gt;dividends were declared or paid on common shares during the years ended December
31, 2021, 2020 and 2019.&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;span style="font-size: 10pt; font-weight: normal"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfDividendsExplanatory>
    <ifrs-full:DividendsPaidClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="0"
      unitRef="USD">0</ifrs-full:DividendsPaidClassifiedAsFinancingActivities>
    <ifrs-full:DisclosureOfContingentLiabilitiesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_803_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zro3DdHIN2O" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;17.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_82F_zPd1dI7ZgL44"&gt;Contingencies&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&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;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfContingentLiabilitiesExplanatory>
    <ifrs-full:DisclosureOfCommitmentsExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_801_eifrs-full--DisclosureOfCommitmentsExplanatory_zMvJ4E6zZQaf" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;18.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_82D_zXUaAUdiFYe2"&gt;Commitments&lt;/span&gt;&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Company
enters into time charter arrangements on its vessels. As at December 31, 2021, the non-cancellable arrangements had remaining terms between
nil days to two and a half months, assuming redelivery at the earliest possible date. As at 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 at December 31, 2021 and 2021, were as follows (vessel off-hires and dry-docking
days that could occur but are not currently known are not taken into consideration and early delivery of the vessels by the charterers
is not accounted for):&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p id="xdx_894_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zMOlQ4vkMEm5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b style="display: none"&gt;&#160;Commitments
- Future minimum lease revenues receivable under non-cancellable operating leases&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 11pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 80%; text-align: left; padding-bottom: 1pt; text-indent: -9.45pt; padding-left: 9.45pt"&gt;&lt;span style="font-size: 10pt"&gt;Within
    one year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zlf9pCCe9e0j" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"&gt;&lt;span style="font-size: 10pt"&gt;6,082&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zm3HceYFQRjl" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"&gt;&lt;span style="font-size: 10pt"&gt;3,078&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231_z5t3YUpTu5ng" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;6,082&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_ziXBB5r96v5i" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;3,078&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A7_zc8Ph2JiqyEk" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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;/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;span style="font-size: 10pt"&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"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;At
December 31, 2021, 2020 and 2019, the Company was a party to a lease agreement as lessee (note 4). 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 leased by Cyberonica S.A. (an
affiliate of Globus&#x2019;s chairman) at a monthly rate of Euro &lt;span id="xdx_90E_ecustom--MonthlyRentalExpense_pp0p0_uEuro_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zN4joWNT4GDf"&gt;26,000
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;(absolute amount) with a lease period ending &lt;span id="xdx_90C_ecustom--LeaseExpirationDate_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zDy0cRodZ8l5"&gt;August
4, 2024&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;. The previous rental agreement was terminated.&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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
depreciation charge for right-of-use assets for the years ended December 31, 2021 and 2020, was approximately $&lt;span id="xdx_900_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zHalcpq6GIjb"&gt;206
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_902_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_z4LUz74dM6T5"&gt;112&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively, and recognised under depreciation in the income statement component of the consolidated statements of comprehensive income/(loss).
The interest expense on lease liability for the years ended December 31, 2021 and 2020, was approximately $&lt;span id="xdx_901_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zkYTOnuc5S3"&gt;52
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_905_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_z1SnvVfJxKc4"&gt;44&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively, and recognised under interest expense and finance costs in the income statement component of the consolidated statements
of comprehensive income/(loss).&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;At
December 31, 2021 and 2020, the current lease liability amounted to $&lt;span id="xdx_905_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20211231_zcXaQtr2SxV1"&gt;349
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_902_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20201231_zolKjBROZrcf"&gt;195&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively. The non-current lease liability amounted to $&lt;span id="xdx_90E_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20211231_zpg8IwNIXh1j"&gt;556
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_90A_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20201231_zwxOwfL9JlP1"&gt;367&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively. As at December 31, 2021, 2020 and 2019, the net carrying in amount of the right of use asset was $&lt;span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zQQFoXi1J1mc"&gt;888&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_90B_eifrs-full--RightofuseAssets_iI_pn3n3_c20201231_zToW3e7mzKIg"&gt;450&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;and $&lt;span id="xdx_908_eifrs-full--RightofuseAssets_iI_pn3n3_c20191231_zwxslGs1ERZ7"&gt;562&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively. These are included in the accompanying consolidated statements of financial position. The total cash outflows for leases for the years ended December 31, 2021, 2020 and 2019, were approximately $&lt;span id="xdx_906_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zQjkL1vW8aIf" title="Payment of lease liability - principal and Interest Paid"&gt;314&lt;/span&gt;,
$&lt;span id="xdx_90F_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zycpKIn2gEee"&gt;229&lt;/span&gt; and $&lt;span id="xdx_904_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20190101__20191231_zBVfEOLYcPX6"&gt;47&lt;/span&gt;, respectively, and were recognised in the consolidated statement of cash flows under the Payment of lease liability &#x2013;
principal and Interest Paid.&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;span style="font-size: 10pt"&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"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfCommitmentsExplanatory>
    <glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_894_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zMOlQ4vkMEm5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b style="display: none"&gt;&#160;Commitments
- Future minimum lease revenues receivable under non-cancellable operating leases&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 11pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 80%; text-align: left; padding-bottom: 1pt; text-indent: -9.45pt; padding-left: 9.45pt"&gt;&lt;span style="font-size: 10pt"&gt;Within
    one year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zlf9pCCe9e0j" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"&gt;&lt;span style="font-size: 10pt"&gt;6,082&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zm3HceYFQRjl" style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right" title="Within one year"&gt;&lt;span style="font-size: 10pt"&gt;3,078&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left; padding-bottom: 2pt; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231_z5t3YUpTu5ng" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;6,082&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_ziXBB5r96v5i" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;3,078&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived
      contextRef="AsOf2021-12-31_ifrs-full_NotLaterThanOneYearMember"
      decimals="-3"
      unitRef="USD">6082000</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="AsOf2021-12-31" decimals="-3" unitRef="USD">6082000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">3078000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <glbs:MonthlyRentalExpense
      contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember"
      decimals="0"
      unitRef="Euro">26000</glbs:MonthlyRentalExpense>
    <glbs:LeaseExpirationDate contextRef="From2021-01-012021-12-31_custom_CyberonicaSAMember">2024-08-04</glbs:LeaseExpirationDate>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">206000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">112000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">52000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">44000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">349000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">195000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">556000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">367000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:RightofuseAssets contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">888000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">450000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31" decimals="-3" unitRef="USD">562000</ifrs-full:RightofuseAssets>
    <glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">314000</glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities>
    <glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">229000</glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities>
    <glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">47000</glbs:PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities>
    <ifrs-full:DisclosureOfIncomeTaxExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_809_eifrs-full--DisclosureOfIncomeTaxExplanatory_zpdpVQ9yPOJf" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;19.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_829_zYrfNdB1Iwm5"&gt;Income Tax&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Under
the laws of the countries of the vessel owning companies&#x2019; incorporation and / or vessels&#x2019; registration, vessel owning companies
are not subject to tax on international shipping income; however, they are subject to registration and tonnage taxes, which are included
in vessel operating expenses in the accompanying consolidated statements of loss.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -14.15pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&lt;i&gt;Greek
Authorities Tax&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0.5in"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"&gt;&lt;span style="font-size: 10pt"&gt;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;In
January 2013, the tax Law 4110/2013 amended the provisions of art. 26 of Law 27/1975 by imposing a fixed annual tonnage tax on vessels
flying a foreign (i.e., non-Greek) flag which are managed by a Law 89/67 company, establishing an identical tonnage tax regime as the
one already in force for vessels flying the Greek flag. This tax varies depending on the size of the vessel, calculated in gross registered
tonnage, as well as on the age of each vessel. Payment of this tonnage tax satisfies all income tax obligations of both the ship-owning
company and of all its shareholders up to the ultimate beneficial owners. Any tax payable to the state of the flag of each vessel as
a result of its registration with a foreign flag registry (including the Marshall Islands) is subtracted from the amount of tonnage tax
due to the Greek tax authorities. As at December 31, 2021, 2020 and 2019, the tax expense under the law amounted to $&lt;span id="xdx_902_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20210101__20211231_zhQPWIaiEgl1"&gt;185&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
$&lt;span id="xdx_906_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20200101__20201231_zZ8P6Tr6muuh"&gt;130&lt;/span&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;and
$&lt;span id="xdx_903_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20190101__20191231_zHBk98IYzR2c"&gt;116&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt"&gt;,
respectively and is included in administrative expenses in the consolidated statements of comprehensive income/(loss).&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: -36pt"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&lt;i&gt;U.S.
Federal Income Tax&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Globus is a
foreign corporation with wholly owned subsidiaries that are foreign corporations, which derive income from the international operation
of a ship or ships that may earn United States (&#x201c;U.S&#x201d;) source shipping income for U.S. federal income tax purposes.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Globus believes
that under &#xa7; 883 of the Internal Revenue Code, it&#x2019;s income and the income of its ship-owning subsidiaries, to the extent derived
from the international operation of a ship or ships, were exempt from U.S. federal income tax in 2021.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The following
is a summary, discussing the application of the U.S. federal income tax laws to the Company relating to income derived from the international
operation of a ship or ships. The discussion and its conclusion are based upon existing U.S. federal income tax law, including the Internal
Revenue Code (the &#x201c;Code&#x201d;) and final U.S. Treasury Regulations (the &#x201c;Regs&#x201d;) as currently in effect, all of which
are subject to change, possibly with retroactive effect.&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="font-size: 10pt"&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"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;In general,
under &#xa7; 883, certain non-U.S. corporations are not subject to U.S. federal income tax on their U.S. source income derived from the
international operation of a ship or ships (&#x201c;gross transportation income&#x201d;). Absent &#xa7; 883 or a tax treaty exemption,
such income generally would be subject to a 4% gross basis tax, or in certain cases, to a net income tax plus a 30% branch profits tax.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;For this purpose,
U.S. source gross transportation income includes 50% of the shipping income that is attributable to transportation that begins or ends
(but that does not both begin and end) in the United States.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Shipping income
attributable to transportation exclusively between non-U.S. ports is generally not subject to any U.S. Federal income tax. &#x201c;Shipping
income&#x201d; generally means income that is derived from:&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(a) the use
of vessels;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(b) the hiring
or leasing of vessels for use on a time, operating or bareboat charter basis;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(c) the participation
in a pool, partnership, strategic alliance, joint operating agreement or other joint venture it directly or indirectly owns or participates
in that generates such income; or&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;(d) the performance
of services directly related to those uses.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Regs provide
that a foreign corporation will qualify for the benefits of &#xa7; 883 if, in relevant part, the foreign country in which the foreign
corporation is organized grants an equivalent exemption to corporations organized in the U.S. and the foreign corporation meets either
the qualified shareholder test or the publicly traded test described below.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&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;



&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;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;19.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Income
Tax (continued)&lt;/b&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="font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;i&gt;Qualified
Shareholder Test&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;A foreign corporation
having more than 50 percent of the value of its outstanding shares owned, directly or indirectly by application of specific attribution
rules, for at least half of the number of days in the foreign corporation's taxable year by one or more qualified shareholders will meet
the qualified shareholder test. In part, an individual who is a shareholder will be considered a qualified shareholder if he or she is
a resident of a qualified foreign country (which means for this purpose that he or she is fully liable to tax in such country, and maintains
a tax home in such country for 183 days or more in the taxable year, or certain other rules apply) and does not own his or her interest
in the foreign corporation through bearer shares (except for bearer shares held in a dematerialized or immobilized book entry system),
either directly or indirectly by application of the attribution rules. In addition, in order to meet the qualified shareholder test,
a foreign corporation will need to obtain certifications from its qualified shareholders (including from intermediary entities) substantiating
their stock ownership.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;i&gt;Publicly
Traded Test&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The Publicly
Traded Test requires that one or more classes of equity representing more than 50% of the voting power and value in a non-United States
corporation be &#x201c;primarily and regularly traded&#x201d; on an established securities market either in the United States or in a foreign
country that grants an equivalent exemption. Among others, &#xa7; 883 provides, in relevant part, that the shares of a non-United States
corporation will be considered to be &#x201c;primarily traded&#x201d; on an established securities market in a country if the number of
shares of each class of shares that are traded during any taxable year on all established securities markets in that country exceeds
the number of shares in each such class that are traded during that year on established securities markets in any other single country.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Notwithstanding
the foregoing, &#xa7; 883 provides, in relevant part, that a class of shares will not be considered to be &#x201c;regularly traded&#x201d;
on an established securities market for any taxable year in which 50% or more of the vote and value of the outstanding shares of such
class are owned, actually or constructively under specified share attribution rules, on more than half the days during the taxable year
by persons who each own 5% or more of the vote and value of such class of outstanding shares which is referred as the 5 Percent Override
Rule.&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="font-size: 10pt"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;In the event
that the 5 Percent Override Rule is triggered, &#xa7; 883 provides that such rule will not apply if the Company can establish that within
the group of 5% shareholders, there are sufficient qualified shareholders within the meaning of &#xa7; 883 to preclude non-qualified
shareholders in such group from owning 50% or more of the total value of the Company&#x2019;s common shares for more than half the number
of days during the taxable year.&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="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;For the years
ended December 31, 2021 and 2019, Globus and its wholly owned subsidiaries deriving income from the operation of international ships
were organized in foreign countries that grant equivalent exemptions to corporations organized in the U.S. Globus&#x2019;s common shares,
representing more than 50% of the voting power and value in Globus, were primarily and regularly traded on the Nasdaq Capital Market,
which is an established securities market. Although Globus&#x2019;s ship-owning and operating subsidiaries were not publicly traded, they
should have qualified for the qualified shareholder test by virtue of their ownership by Globus. Accordingly, all of Globus&#x2019; and
its ship-owning or operating subsidiaries that relied on &#xa7; 883 for exempting U.S. source income from the international operation
of ships should not have been subject to U.S. federal income tax for the years ended December 31, 2021 and 2019. It was not clear whether
Globus was able to rely on the &#xa7; 883 exemption for the year ended December, 2020. Nevertheless, because Globus and its subsidiaries
earned no U.S. source gross transportation income (because none of Globus&#x2019;s vessels made a voyage to or from the United States
in 2020) neither the U.S. 4% gross basis tax nor the net income tax should be owed for 2020.&lt;/span&gt;&lt;/p&gt;
&lt;p style="font: 10pt 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; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Under the laws
of the Republic of Malta, the country of incorporation of one of the Company&#x2019;s vessel-owning company&#x2019;s, this vessel-owning
company is not liable for any income tax on its income derived from shipping operations. The Republic of Malta is a country that has
an income tax treaty with the United States. Accordingly, income earned by vessel-owning companies organized under the laws of the Republic
of Malta may qualify for a treaty-based exemption. Specifically, under Article 8 (Shipping and Air Transport) of the treaty sets out
the relevant rule to the effect that profits of an enterprise of a Contracting State from the operation of ships in international traffic
shall be taxable only in that State.&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="font-size: 10pt"&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"/&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; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

</ifrs-full:DisclosureOfIncomeTaxExplanatory>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">185000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">130000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">116000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:DisclosureOfFinancialRiskManagementExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_80C_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_zDn1iWIHzi11" style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;20.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_825_zgTzBCIV4XUe"&gt;Financial risk management objectives and policies&lt;/span&gt;&lt;/b&gt;&lt;/span&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
Company&#x2019;s financial liabilities are long-term borrowings, trade and other payables and the financial derivative instrument.
The main purpose of these financial liabilities is to assist the Company in the financing of its operations and the acquisition of
vessels. The Company has various financial assets such as trade accounts receivable, financial derivative instrument and cash and
short-term deposits including restricted cash, which arise directly from its operations. The main risks arising from the
Company&#x2019;s financial instruments are cash flow interest rate risk, credit risk, liquidity risk and foreign currency
risk.&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Interest
rate risk&lt;/b&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Interest
rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market
interest rates. The Company&#x2019;s exposure to the risk of changes in market interest rates relates primarily to the Company&#x2019;s
long-term debt obligations with floating interest rates. As at December 31, 2021 and 2020, the Company had no long-term borrowings at
a fixed interest rate.&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Interest
rate risk table&lt;/b&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
following table demonstrates the sensitivity to a reasonably possible change in interest rates, with all other variables held constant,
of the Company&#x2019;s loss.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_896_ecustom--DisclosureOfInterestRateRiskExplanatory_zqa73q0eBnOe" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Financial
risk management objectives and policies - Interest rate risk&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Increase/(Decrease)
    in basis points&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Effect on income
    / (loss)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="width: 79%; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;$ Libor&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseInInterestRates_pip0_uPure_c20210101__20211231_z5i0AIXPeSt5" style="width: 10%; text-align: right" title="Increase in Libor"&gt;&lt;span style="font-size: 10pt"&gt;+15&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231_zmYwoxjhFYva" style="width: 10%; text-align: right" title="Effect on loss (Increase in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;(52)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseInInterestRates_pip0_uPure_c20210101__20211231_z0cCBGkxvcl" style="text-align: right" title="Decrease in Libor"&gt;&lt;span style="font-size: 10pt"&gt;-20&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231_z1O8qn37lUoj" style="text-align: right" title="Effect on loss (Decrease in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;69&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;$ Libor&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseInInterestRates_pip0_uPure_c20200101__20201231_z9hDOFBOY4yc" style="text-align: right" title="Increase in Libor"&gt;&lt;span style="font-size: 10pt"&gt;+15&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231_zHu3yNDB0N7d" style="text-align: right" title="Effect on loss (Increase in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;(57)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DecreaseInInterestRates_pip0_uPure_c20200101__20201231_zN1lTd1Wl3wk" style="text-align: right" title="Decrease in Libor"&gt;&lt;span style="font-size: 10pt"&gt;-20&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231_zk6PGrNBRjo2" style="padding-left: -20pt; text-align: right; padding-right: -20pt" title="Effect on loss (Decrease in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;75&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AE_zWkh8nppSdQh" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Foreign
currency risk&lt;/b&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;The following
table demonstrates the sensitivity to a reasonably possible change in the Euro exchange rate, with all other variables held constant,
to the Company&#x2019;s loss due to changes in the fair value of monetary assets and liabilities. The Company&#x2019;s exposure to foreign
currency changes for all other currencies as at December 31, 2021 and 2020, was not material.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_898_ecustom--DisclosureOfForeignCurrencyRiskExplanatory_zegIXqGn8J95" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Financial
risk management objectives and policies - Foreign currency risk&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Change
    in rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Effect
    on income / (loss) &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="width: 79%; font-size: 9pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zaxRhFosYLLl" style="width: 10%; font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;+10%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zVzQRIHJIGTe" style="width: 10%; font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;(478)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DecreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_z00sA82o7G1i" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;-10%&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zQajeFqHGLPf" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;478&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IncreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zac7P3VpNYS8" style="font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;+10%&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXFZaqAIs0Ta" style="font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;(258)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DecreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXGDzbE1s0N1" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;-10%&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zoF0yighBp8i" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;258&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A0_zk40rdhyNoS9" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Credit
risk&lt;/b&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; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
Company operates only with recognised, creditworthy third parties including major charterers, commodity traders and government owned
entities. Receivable balances are monitored on an ongoing basis with the result that the Company&#x2019;s exposure to impairment on trade
accounts receivable is not significant. The maximum exposure is the carrying value of trade accounts receivable as indicated in the consolidated
statement of financial position. With respect to the credit risk arising from other financial assets of the Company such as cash and
cash equivalents, the Company&#x2019;s exposure to credit risk arises from default of the counter parties, which are recognised financial
institutions. The Company performs annual evaluations of the relative credit standing of these counter parties. The exposure of these
financial instruments is equal to their carrying amount as indicated in the consolidated statement of financial position.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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;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;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&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;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;20.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Financial
risk management objectives and policies (continued)&lt;/b&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&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;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Concentration
of credit risk table:&lt;/b&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
following table provides information with respect to charterers who individually, accounted for approximately more than 10% of the Company&#x2019;s
revenue for the years ended December 31, 2021, 2020 and 2019:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_893_ecustom--DisclosureOfConcentrationOfCreditRiskExplanatory_zHwZ7NkmTlHi" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Financial
risk management objectives and policies - Concentration of credit risk table&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 34%; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;A&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zx4dcyQsNAOg" style="width: 10%; text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;7,726&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zW0sVq1Lm985" style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;18%&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zt3CmYlvNHb5" style="width: 10%; text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zimPYcHNIJP4" style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_z6zsYwpWnoQb" style="width: 10%; text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zDqHECDDX7o2" style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;B&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zAFhA8nn8IF2" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;4,571&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zeCPc1CV9HDl" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;11%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zdV65IzvxRik" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zexQrDmehJrc" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_z6zQW1k8S5t2" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zogTyWKsHMzj" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;C&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zsByZZcCUl4c" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zRoOtfNX5cW7" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z6WKQdVxAIph" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;751&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zGsp0xkuHCPa" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;6%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zJOy1RdKs2Ac" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;3,476&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zgbVhWM5nKL9" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;22%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;Other &lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zAKES7QpnCBe" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;30,914&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zRZZljG5fbWf" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;71%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zlaaTW81Qkr9" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;11,002&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zEUEr77XY087" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;94%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zitz4NEMTu29" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;12,147&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zJojcnIwHvq9" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;78%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231_zVe7ZXkyzSx3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;43,211&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231_zuDwqEuReE55" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;100%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231_zBMtFhaO8X2c" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;11,753&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231_zoT5RZ5CFjY" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;100%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231_zp3kS1f57Poj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;15,623&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231_z0Q0xpCutCe3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;100%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AE_zN5evBGA5MQh" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Liquidity
risk	&lt;/b&gt;&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
Company mitigates liquidity risk by managing cash generated by its operations, applying cash collection targets appropriately. The vessels
are normally chartered under time-charter, bareboat and spot agreements where, as per the industry practice, the charterer pays for the
transportation service 15 days in advance, supporting the management of cash generation. Vessel acquisitions are carefully controlled,
with authorisation limits operating up to board level and cash payback periods applied as part of the investment appraisal process. In
this way, the Company maintains a good credit rating to facilitate fund raising. In its funding strategy, the Company&#x2019;s objective
is to maintain a balance between continuity of funding and flexibility through the use of bank loans. Excess cash used in managing liquidity
is only invested in financial instruments exposed to insignificant risk of changes in market value or are being placed on interest bearing
deposits with maturities fixed usually for no more than 3 months. The Company monitors its risk relating to the shortage of funds by
considering the maturity of its financial liabilities and its projected cash flows from operations.&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;span style="font-size: 10pt"&gt;&#160;&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;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
table below summarises the maturity profile of the Company&#x2019;s financial liabilities (including interest) at December 31, 2021 and
2020 based on contractual undiscounted cash flows.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_899_eifrs-full--DescriptionOfManagingLiquidityRisk_zBkdxIdZilcl" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Financial
risk management objectives and policies - Liquidity risk&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year ended December
    31, 2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Less than 3 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3 to 12 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1 to 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;More than 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term debt&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_ziwP8LzBFqai" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;1,566&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z54715QxRQl5" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;4,614&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z6GT5TRMeAcg" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;29,325&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zrVCUL97a9K8" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231_zX8UzOFc06ua" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;35,505&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z2g12tiQR0Ad" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zjHbdLXTJSB6" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;275&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zlJ8IrfoOF43" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;585&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_znpr6NaGI5N8" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231_z5dzb3zuwO7h" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;952&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued liabilities and other
    payables&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z9UQF63adAJ" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;3,676&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zCu66SfxDuqf" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_znTommE9pQZb" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zzdRSwMxB5eb" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231_zfv2PwV7m1Xd" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;3,676&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Trade accounts
    payables&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z7KktP5J4tPg" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;1,100&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zL7qCsFhpai1" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zN0mqO387S9f" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zz8Hce5f2qF8" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zm69cItNLiz8" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;1,100&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Current
    portion of fair value of derivative financial instruments&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zwdgznxEJOXj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;23&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_ztx3iUwe7kAd" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;69&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBMVGi24dhBb" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z8p9eo8dHcw3" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231_zfwQTjPF1Zy7" style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zaDVVqRVQDZg" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;6,457&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zi7PkGLj3eHj" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,958&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zxW82sFjGfIl" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;29,910&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmpPIM4KABv" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231_zbaFJy92wPZ5" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;41,325&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: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year ended December
    31, 2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Less than 3 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3 to 12 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1 to 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;More than 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term debt&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zKYGDoCjVscc" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;2,302&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z6dT8dBibhUb" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;6,752&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zd5dIdeGNiv" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;32,362&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmPmrWrtNJni" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231_zoyYZNxuAs06" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;41,416&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zQF4bes5cHF4" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;106&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zLhl1KCgejV3" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;106&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zpR3Etx8zDx" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;426&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zyXmjznoujnk" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231_zsrzyruLnRAa" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;638&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;

&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued liabilities and other
    payables&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zJOnkT0UeGsj" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;2,159&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zTYt26qaPZdb" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zGttfsXJyjqa" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z7Ax19qeGGsc" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231_zjULDstWRWz3" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;2,159&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Trade accounts
    payables&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zgRwxCS1WWn5" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;4,758&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zWSN5HliIci6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z7hZoqlApcK4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zO7lIVGDDgP2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zeWpzEvripYc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;4,758&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zBGPjjf3ocf9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;9,325&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zbAJH9MY23f9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;6,858&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBQWnQKWDfTd" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;32,788&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zvrG4X8oPXoi" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231_zyKjkoAIO0Yf" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;48,971&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A7_zRV70cyziYPl" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Capital
management&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 96.4pt; text-align: justify; text-indent: -60.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
primary objective of the Company&#x2019;s capital management is to ensure that it maintains a strong credit rating and healthy capital
ratios in order to support its business and maximise shareholder value. The Company manages its capital structure and makes adjustments
to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Company may adjust the dividend payment
to shareholders, return capital to shareholders or issue new shares as well as managing the outstanding level of debt. Lenders may impose
capital structure or solvency ratios (refer to note 11). No changes were made in the objectives, policies or processes during the years
ended December 31, 2021 and 2020.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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;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"/&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; text-indent: 0cm"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfFinancialRiskManagementExplanatory>
    <glbs:DisclosureOfInterestRateRiskExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_896_ecustom--DisclosureOfInterestRateRiskExplanatory_zqa73q0eBnOe" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Financial
risk management objectives and policies - Interest rate risk&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Increase/(Decrease)
    in basis points&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Effect on income
    / (loss)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="width: 79%; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;$ Libor&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseInInterestRates_pip0_uPure_c20210101__20211231_z5i0AIXPeSt5" style="width: 10%; text-align: right" title="Increase in Libor"&gt;&lt;span style="font-size: 10pt"&gt;+15&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231_zmYwoxjhFYva" style="width: 10%; text-align: right" title="Effect on loss (Increase in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;(52)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseInInterestRates_pip0_uPure_c20210101__20211231_z0cCBGkxvcl" style="text-align: right" title="Decrease in Libor"&gt;&lt;span style="font-size: 10pt"&gt;-20&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231_z1O8qn37lUoj" style="text-align: right" title="Effect on loss (Decrease in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;69&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;$ Libor&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseInInterestRates_pip0_uPure_c20200101__20201231_z9hDOFBOY4yc" style="text-align: right" title="Increase in Libor"&gt;&lt;span style="font-size: 10pt"&gt;+15&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231_zHu3yNDB0N7d" style="text-align: right" title="Effect on loss (Increase in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;(57)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 11pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DecreaseInInterestRates_pip0_uPure_c20200101__20201231_zN1lTd1Wl3wk" style="text-align: right" title="Decrease in Libor"&gt;&lt;span style="font-size: 10pt"&gt;-20&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231_zk6PGrNBRjo2" style="padding-left: -20pt; text-align: right; padding-right: -20pt" title="Effect on loss (Decrease in Libor)"&gt;&lt;span style="font-size: 10pt"&gt;75&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfInterestRateRiskExplanatory>
    <glbs:IncreaseInInterestRates
      contextRef="From2021-01-01to2021-12-31"
      decimals="INF"
      unitRef="Pure">15</glbs:IncreaseInInterestRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">-52000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit>
    <glbs:DecreaseInInterestRates
      contextRef="From2021-01-01to2021-12-31"
      decimals="INF"
      unitRef="Pure">-20</glbs:DecreaseInInterestRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">69000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit>
    <glbs:IncreaseInInterestRates
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="Pure">15</glbs:IncreaseInInterestRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">-57000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit>
    <glbs:DecreaseInInterestRates
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="Pure">-20</glbs:DecreaseInInterestRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">75000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit>
    <glbs:DisclosureOfForeignCurrencyRiskExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_898_ecustom--DisclosureOfForeignCurrencyRiskExplanatory_zegIXqGn8J95" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Financial
risk management objectives and policies - Foreign currency risk&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Change
    in rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Effect
    on income / (loss) &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="width: 79%; font-size: 9pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zaxRhFosYLLl" style="width: 10%; font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;+10%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zVzQRIHJIGTe" style="width: 10%; font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;(478)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DecreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_z00sA82o7G1i" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;-10%&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zQajeFqHGLPf" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;478&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IncreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zac7P3VpNYS8" style="font-size: 9pt; text-align: right" title="Increase in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;+10%&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXFZaqAIs0Ta" style="font-size: 9pt; text-align: right" title="Effect on loss (Increase in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;(258)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DecreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zXGDzbE1s0N1" style="font-size: 9pt; text-align: right" title="Decrease in Euro exchange rate"&gt;&lt;span style="font-size: 10pt"&gt;-10%&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zoF0yighBp8i" style="font-size: 9pt; text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"&gt;&lt;span style="font-size: 10pt"&gt;258&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfForeignCurrencyRiskExplanatory>
    <glbs:IncreaseInExchangeRates
      contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember"
      decimals="INF"
      unitRef="Pure">0.10</glbs:IncreaseInExchangeRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit
      contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember"
      decimals="-3"
      unitRef="USD">-478000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit>
    <glbs:DecreaseInExchangeRates
      contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember"
      decimals="INF"
      unitRef="Pure">-0.10</glbs:DecreaseInExchangeRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit
      contextRef="From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember"
      decimals="-3"
      unitRef="USD">478000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit>
    <glbs:IncreaseInExchangeRates
      contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember"
      decimals="INF"
      unitRef="Pure">0.10</glbs:IncreaseInExchangeRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit
      contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember"
      decimals="-3"
      unitRef="USD">-258000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit>
    <glbs:DecreaseInExchangeRates
      contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember"
      decimals="INF"
      unitRef="Pure">-0.10</glbs:DecreaseInExchangeRates>
    <glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit
      contextRef="From2020-01-012020-12-31_ifrs-full_CurrencyRiskMember"
      decimals="-3"
      unitRef="USD">258000</glbs:SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit>
    <glbs:DisclosureOfConcentrationOfCreditRiskExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_893_ecustom--DisclosureOfConcentrationOfCreditRiskExplanatory_zHwZ7NkmTlHi" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Financial
risk management objectives and policies - Concentration of credit risk table&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-size: 12pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;2019&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 34%; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;A&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zx4dcyQsNAOg" style="width: 10%; text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;7,726&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zW0sVq1Lm985" style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;18%&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zt3CmYlvNHb5" style="width: 10%; text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zimPYcHNIJP4" style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_z6zsYwpWnoQb" style="width: 10%; text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zDqHECDDX7o2" style="width: 10%; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;B&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zAFhA8nn8IF2" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;4,571&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zeCPc1CV9HDl" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;11%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zdV65IzvxRik" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zexQrDmehJrc" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_z6zQW1k8S5t2" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zogTyWKsHMzj" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;C&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zsByZZcCUl4c" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zRoOtfNX5cW7" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z6WKQdVxAIph" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;751&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zGsp0xkuHCPa" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;6%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zJOy1RdKs2Ac" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;3,476&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zgbVhWM5nKL9" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;22%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;Other &lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zAKES7QpnCBe" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;30,914&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zRZZljG5fbWf" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;71%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zlaaTW81Qkr9" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;11,002&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zEUEr77XY087" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;94%&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zitz4NEMTu29" style="text-align: right" title="Revenue"&gt;&lt;span style="font-size: 10pt"&gt;12,147&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zJojcnIwHvq9" style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;78%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2pt; font-weight: bold; text-align: left"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231_zVe7ZXkyzSx3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;43,211&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231_zuDwqEuReE55" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;100%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231_zBMtFhaO8X2c" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;11,753&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231_zoT5RZ5CFjY" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;100%&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20190101__20191231_zp3kS1f57Poj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;15,623&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20190101__20191231_z0Q0xpCutCe3" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;100%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfConcentrationOfCreditRiskExplanatory>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2021-01-012021-12-31_custom_MajorChartererMember"
      decimals="-3"
      unitRef="USD">7726000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2021-01-012021-12-31_custom_MajorChartererMember"
      decimals="INF"
      unitRef="Pure">0.18</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2020-01-012020-12-31_custom_MajorChartererMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2020-01-012020-12-31_custom_MajorChartererMember"
      decimals="INF"
      unitRef="Pure">0</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2019-01-012019-12-31_custom_MajorChartererMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2019-01-012019-12-31_custom_MajorChartererMember"
      decimals="INF"
      unitRef="Pure">0</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2021-01-012021-12-31_custom_MajorChartererBMember"
      decimals="-3"
      unitRef="USD">4571000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2021-01-012021-12-31_custom_MajorChartererBMember"
      decimals="INF"
      unitRef="Pure">0.11</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2020-01-012020-12-31_custom_MajorChartererBMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2020-01-012020-12-31_custom_MajorChartererBMember"
      decimals="INF"
      unitRef="Pure">0</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2019-01-012019-12-31_custom_MajorChartererBMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2019-01-012019-12-31_custom_MajorChartererBMember"
      decimals="INF"
      unitRef="Pure">0</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2021-01-012021-12-31_custom_MajorChartererCMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2021-01-012021-12-31_custom_MajorChartererCMember"
      decimals="INF"
      unitRef="Pure">0</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2020-01-012020-12-31_custom_MajorChartererCMember"
      decimals="-3"
      unitRef="USD">751000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2020-01-012020-12-31_custom_MajorChartererCMember"
      decimals="INF"
      unitRef="Pure">0.06</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2019-01-012019-12-31_custom_MajorChartererCMember"
      decimals="-3"
      unitRef="USD">3476000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2019-01-012019-12-31_custom_MajorChartererCMember"
      decimals="INF"
      unitRef="Pure">0.22</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2021-01-012021-12-31_custom_OtherMajorCharterersMember"
      decimals="-3"
      unitRef="USD">30914000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2021-01-012021-12-31_custom_OtherMajorCharterersMember"
      decimals="INF"
      unitRef="Pure">0.71</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2020-01-012020-12-31_custom_OtherMajorCharterersMember"
      decimals="-3"
      unitRef="USD">11002000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2020-01-012020-12-31_custom_OtherMajorCharterersMember"
      decimals="INF"
      unitRef="Pure">0.94</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2019-01-012019-12-31_custom_OtherMajorCharterersMember"
      decimals="-3"
      unitRef="USD">12147000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2019-01-012019-12-31_custom_OtherMajorCharterersMember"
      decimals="INF"
      unitRef="Pure">0.78</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2021-01-01to2021-12-31"
      decimals="-3"
      unitRef="USD">43211000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2021-01-01to2021-12-31"
      decimals="INF"
      unitRef="Pure">1</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="USD">11753000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="Pure">1</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2019-01-012019-12-31"
      decimals="-3"
      unitRef="USD">15623000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="From2019-01-012019-12-31"
      decimals="INF"
      unitRef="Pure">1</ifrs-full:PercentageOfEntitysRevenue>
    <ifrs-full:DescriptionOfManagingLiquidityRisk contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_899_eifrs-full--DescriptionOfManagingLiquidityRisk_zBkdxIdZilcl" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;Financial
risk management objectives and policies - Liquidity risk&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year ended December
    31, 2021&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Less than 3 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3 to 12 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1 to 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;More than 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term debt&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_ziwP8LzBFqai" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;1,566&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z54715QxRQl5" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;4,614&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z6GT5TRMeAcg" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;29,325&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zrVCUL97a9K8" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231_zX8UzOFc06ua" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;35,505&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z2g12tiQR0Ad" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zjHbdLXTJSB6" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;275&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zlJ8IrfoOF43" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;585&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_znpr6NaGI5N8" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231_z5dzb3zuwO7h" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;952&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued liabilities and other
    payables&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z9UQF63adAJ" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;3,676&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zCu66SfxDuqf" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_znTommE9pQZb" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zzdRSwMxB5eb" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231_zfv2PwV7m1Xd" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;3,676&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Trade accounts
    payables&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z7KktP5J4tPg" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;1,100&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zL7qCsFhpai1" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zN0mqO387S9f" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zz8Hce5f2qF8" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zm69cItNLiz8" style="text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;1,100&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Current
    portion of fair value of derivative financial instruments&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zwdgznxEJOXj" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;23&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_ztx3iUwe7kAd" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;69&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBMVGi24dhBb" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z8p9eo8dHcw3" style="border-bottom: Black 0.5pt solid; text-align: right" title="Current portion of fair value of derivative financial instruments"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231_zfwQTjPF1Zy7" style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zaDVVqRVQDZg" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;6,457&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zi7PkGLj3eHj" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;4,958&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zxW82sFjGfIl" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;29,910&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmpPIM4KABv" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231_zbaFJy92wPZ5" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;41,325&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: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: justify"&gt;&lt;span style="font-size: 10pt"&gt;Year ended December
    31, 2020&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Less than 3 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;3 to 12 months&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;1 to 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;More than 5 years&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 45%; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term debt&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zKYGDoCjVscc" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;2,302&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z6dT8dBibhUb" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;6,752&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zd5dIdeGNiv" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;32,362&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zmPmrWrtNJni" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20201231_zoyYZNxuAs06" style="width: 10%; text-align: right" title="Long-term debt"&gt;&lt;span style="font-size: 10pt"&gt;41,416&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zQF4bes5cHF4" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;106&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zLhl1KCgejV3" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;106&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zpR3Etx8zDx" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;426&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zyXmjznoujnk" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LeaseLiabilities_iI_pn3n3_c20201231_zsrzyruLnRAa" style="text-align: right" title="Lease liabilities"&gt;&lt;span style="font-size: 10pt"&gt;638&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;

&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Accrued liabilities and other
    payables&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zJOnkT0UeGsj" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;2,159&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zTYt26qaPZdb" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zGttfsXJyjqa" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_z7Ax19qeGGsc" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20201231_zjULDstWRWz3" style="text-align: right" title="Accrued liabilities and other payables"&gt;&lt;span style="font-size: 10pt"&gt;2,159&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; text-align: justify; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Trade accounts
    payables&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zgRwxCS1WWn5" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;4,758&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zWSN5HliIci6" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_z7hZoqlApcK4" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zO7lIVGDDgP2" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20201231_zeWpzEvripYc" style="border-bottom: Black 0.5pt solid; text-align: right" title="Trade accounts payables"&gt;&lt;span style="font-size: 10pt"&gt;4,758&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-weight: bold; text-align: justify; padding-bottom: 2.5pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zBGPjjf3ocf9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;9,325&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zbAJH9MY23f9" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;6,858&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zBQWnQKWDfTd" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;32,788&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20201231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zvrG4X8oPXoi" style="border-bottom: Black 2pt double; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20201231_zyKjkoAIO0Yf" style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right" title="Total"&gt;&lt;span style="font-size: 10pt"&gt;48,971&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</ifrs-full:DescriptionOfManagingLiquidityRisk>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">1566000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">4614000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">29325000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">35505000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">92000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">275000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">585000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">952000</ifrs-full:LeaseLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">3676000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">3676000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">1100000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">1100000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">23000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">69000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">92000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2021-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">6457000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2021-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">4958000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2021-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">29910000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2021-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2021-12-31" decimals="-3" unitRef="USD">41325000</ifrs-full:FinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">2302000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">6752000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">32362000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities
      contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">41416000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">106000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">106000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">426000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">638000</ifrs-full:LeaseLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">2159000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities
      contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2159000</ifrs-full:CurrentAccruedExpensesAndOtherCurrentLiabilities>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">4758000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">4758000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2020-12-31_custom_LessThanThreeMonthsMember"
      decimals="-3"
      unitRef="USD">9325000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2020-12-31_custom_ThreeToTwelveMonthsMember"
      decimals="-3"
      unitRef="USD">6858000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2020-12-31_custom_OneToFiveYearsMember"
      decimals="-3"
      unitRef="USD">32788000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2020-12-31_custom_MoreThanFiveYearsMember"
      decimals="-3"
      unitRef="USD">0</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">48971000</ifrs-full:FinancialLiabilities>
    <ifrs-full:DisclosureOfFairValueMeasurementExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_806_eifrs-full--DisclosureOfFairValueMeasurementExplanatory_zFmVGgYEIynk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;21.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_82F_zQlh4g0xuMmc"&gt;Fair values&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Carrying
amounts and fair values&lt;/b&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;The
following table shows the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the
fair value hierarchy (as defined in note 2.27). 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 and trade payables.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89C_ecustom--DisclosureOfFairValuesExplanatory_z3y2wIbfH2Ll" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Fair
values measurement&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;Carrying &lt;b&gt;amount&lt;/b&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Fair value&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December&#160;31,
    2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b/&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    1&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    2&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    3&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    assets measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zW5p9VNXYie6" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zzvpC64e0Oyl" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_ziOPOoneWYc9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zMnWHig4Ivif" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Financial
    liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    liabilities measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zDIlwAXbvVye" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zHKvJxo9CY86" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zfNJvcMfVgjl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zr9Ec3EAVrOh" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    liabilities not measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term
    borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z0GlZaG3AMLl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zn9ZD7XOHkmg" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;32,155&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zQgP251orHK5" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;32,155&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zL00q5HNam85" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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: 0cm"&gt;&lt;span style="font-size: 10pt"&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: 0cm"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-style: italic"&gt;&lt;span style="font-size: 10pt"/&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;Carrying &lt;b&gt;amount&lt;/b&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Fair value&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December&#160;31,
    2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"/&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    1&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    2&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    3&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    liabilities not measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term
    borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zUqwIwxtvjT1" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zmGgj7xsE7qc" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,961&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zCEahDSeHIs9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,961&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z9FBu1gmhv2" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A5_zU5uf4gnPnr6" style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Measurement
of fair values&lt;/b&gt;&lt;/span&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;span style="font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Valuation
techniques and significant unobservable inputs&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&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;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89A_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zsWYcD0PPvtc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Valuation
techniques and significant unobservable inputs&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    instruments measured at fair value&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="width: 48%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Type&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Valuation
    Techniques&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Significant
    unobservable inputs&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Derivative financial instruments:&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Interest Rate
    Swap&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Discounted
    cash flow&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&#160;Discount
    rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&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;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Asset
    and liabilities not measured at fair value&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Type&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Valuation
    Techniques&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Significant
    unobservable inputs&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Discounted
    cash flow&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Discount rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A5_zpx7ZHjGBBe5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Transfers between Level
1, 2 and 3&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;span style="font-size: 10pt"&gt;There
were no transfers between these levels in 2020 and 2021.&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: 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;

&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: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"/&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfFairValueMeasurementExplanatory>
    <glbs:DisclosureOfFairValuesExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89C_ecustom--DisclosureOfFairValuesExplanatory_z3y2wIbfH2Ll" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Fair
values measurement&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;Carrying &lt;b&gt;amount&lt;/b&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Fair value&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December&#160;31,
    2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b/&gt;&lt;/span&gt; &lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    1&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    2&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    3&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    assets measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zW5p9VNXYie6" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zzvpC64e0Oyl" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_ziOPOoneWYc9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zMnWHig4Ivif" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;417&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Financial
    liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    liabilities measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zDIlwAXbvVye" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zHKvJxo9CY86" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zfNJvcMfVgjl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zr9Ec3EAVrOh" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;92&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    liabilities not measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term
    borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z0GlZaG3AMLl" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zn9ZD7XOHkmg" style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;32,155&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zQgP251orHK5" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;32,155&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zL00q5HNam85" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;31,750&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&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: 0cm"&gt;&lt;span style="font-size: 10pt"&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: 0cm"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-style: italic"&gt;&lt;span style="font-size: 10pt"/&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;Carrying &lt;b&gt;amount&lt;/b&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: center"&gt;&lt;span style="font-size: 10pt"&gt;Fair value&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December&#160;31,
    2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: right"/&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    1&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    2&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Level
    3&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;Total&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;Financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 0pt; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    liabilities not measured at fair value&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 0pt; width: 50%; font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term
    borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zUqwIwxtvjT1" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zmGgj7xsE7qc" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,961&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#x2014;&#x202f;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zCEahDSeHIs9" style="border-bottom: Black 0.5pt solid; width: 9%; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,961&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z9FBu1gmhv2" style="border-bottom: Black 0.5pt solid; font-size: 9pt; font-weight: bold; text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfFairValuesExplanatory>
    <ifrs-full:NoncurrentDerivativeFinancialAssets
      contextRef="AsOf2021-12-31_custom_FinancialAssetsAtFairValueIMember"
      decimals="-3"
      unitRef="USD">417000</ifrs-full:NoncurrentDerivativeFinancialAssets>
    <ifrs-full:NoncurrentDerivativeFinancialAssets
      contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember_custom_LevelIIMember"
      decimals="-3"
      unitRef="USD">417000</ifrs-full:NoncurrentDerivativeFinancialAssets>
    <ifrs-full:NoncurrentDerivativeFinancialAssets
      contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialAssetsAtFairValueIMember"
      decimals="-3"
      unitRef="USD">417000</ifrs-full:NoncurrentDerivativeFinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="AsOf2021-12-31_custom_FinancialAssetsAtFairValueIMember"
      decimals="-3"
      unitRef="USD">417000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2021-12-31_custom_FinancialLiabilitiesAtFairValueIIMember"
      decimals="-3"
      unitRef="USD">92000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember_custom_LevelIIMember"
      decimals="-3"
      unitRef="USD">92000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2021-12-31_ifrs-full_AtFairValueMember_custom_FinancialLiabilitiesAtFairValueIIMember"
      decimals="-3"
      unitRef="USD">92000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="AsOf2021-12-31_custom_FinancialLiabilitiesAtFairValueIIMember"
      decimals="-3"
      unitRef="USD">92000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember"
      decimals="-3"
      unitRef="USD">31750000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember"
      decimals="-3"
      unitRef="USD">32155000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember"
      decimals="-3"
      unitRef="USD">32155000</glbs:BorrowingsGross>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2021-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember"
      decimals="-3"
      unitRef="USD">31750000</ifrs-full:FinancialLiabilities>
    <glbs:BorrowingsGross
      contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember"
      decimals="-3"
      unitRef="USD">37000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_custom_LevelIIMember_ifrs-full_AtFairValueMember"
      decimals="-3"
      unitRef="USD">37961000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember_ifrs-full_AtFairValueMember"
      decimals="-3"
      unitRef="USD">37961000</glbs:BorrowingsGross>
    <ifrs-full:FinancialLiabilities
      contextRef="AsOf2020-12-31_custom_NotMeasuredAtFairValueFinancialLiabilitiesMember"
      decimals="-3"
      unitRef="USD">37000000</ifrs-full:FinancialLiabilities>
    <glbs:DisclosureOfValuationTechniquesAndSignificantUnobservableInputs contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_89A_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zsWYcD0PPvtc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;Valuation
techniques and significant unobservable inputs&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Financial
    instruments measured at fair value&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="width: 48%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Type&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Valuation
    Techniques&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Significant
    unobservable inputs&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Derivative financial instruments:&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Interest Rate
    Swap&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Discounted
    cash flow&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&#160;Discount
    rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-size: 10pt"&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;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Asset
    and liabilities not measured at fair value&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Type&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Valuation
    Techniques&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Significant
    unobservable inputs&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Discounted
    cash flow&lt;/span&gt;&lt;/td&gt;&lt;td style="font-size: 9pt; padding-bottom: 1pt"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 10pt"&gt;Discount rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</glbs:DisclosureOfValuationTechniquesAndSignificantUnobservableInputs>
    <ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory contextRef="From2021-01-01to2021-12-31">&lt;p id="xdx_803_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_zPqZjnKx7Wwf" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;b&gt;22.&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;
&lt;span id="xdx_82C_z1tkR4gA3O7l"&gt;Events after the reporting date&lt;/span&gt;&lt;/b&gt;&lt;/span&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;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"/&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 24.75pt; text-align: justify; text-indent: 0cm"&gt;The conflict between
Russia and Ukraine, which commenced in February 2022, has disrupted supply chains and caused instability and significant volatility in
the global economy. Much uncertainty remains regarding the global impact of the conflict in Ukraine, and it is possible that such instability,
uncertainty and resulting volatility could significantly increase the costs of the Company and adversely affect its business, including
the ability to secure charters and financing on attractive terms, and as a result, adversely affect the Company&#x2019;s business, financial
condition, results of operation and cash flows. Currently there is no effect on the Company&#x2019;s operations.&lt;/p&gt;
&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"/&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-size: 10pt"&gt;&#160;&lt;/span&gt;&#160;&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 0; text-align: justify; text-indent: 1cm"/&gt;




</ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>97
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MW!GZ[T^C?M' 7O&9LV>]\9D477F0\K$XF"3'':\@8BF+32%!X=\3&[$T+92
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M3<CV_D=)$/N^-RXP#'8P"21!6! .@H#<@G"=94W9%&WW()LGFE%C?89TDK^
M./:B<58;#0/<%OE&I <%OEL1NN.G*$*\&2$:V-Z7.CPF,H.=C[S$M^ ;9 'A
MLSN0N\7UE\7=8K6X=<DV&E@<N5G\CE4O%X+P$CPS+KUI]=)U):HT?&>D+>.J
MQS/&1B=O%/I8"XUNAKTXMC G&E@>N5G^@;,=;>\-<L9!+=(\EZ6'H+SM5649
MNR:E[&(L6H\,? ['\FDPPA:J0@/C(S?CWY%4-BT%39]I88>G\W@0:.?7T$:$
MMK@.5(].4+U6RI["JG,ZBJ"GY8%NAB&* PO>@?J1F_K_X_$8= "Y=6!^? +4
MH2@,)\88$9WV_3@,Q@'1K8(PM,0##_* W?(PJL9E56DKQ;&!_P];\_U%@V[E
M1X&EX,6#1N"3&L&5SAXDUT'ANT=MC"[6U4"F_?AP&*P0#!(+[$$PL%LP3%EQ
MSH'&ND!@/QEC-JA-8DN(@_LF=VOQ_WM^K+<1R;C4,=A8U!D/"H7="G5#<B+#
MO9:\+ANWQIS$!A7R?.VVS&!EHQX\2!!V2]!Q\7XJ PR*@R#2\M9@AKW04I/A
M07;PB4:CK>"M)+G':%"4!&$MFH9FQ,>^17KP(#WXG"ZCJ^7!]?W-2;B1?E=J
MZCH,=J:N8WIP8:[^K?@SY2_R9,@#GDL_[U,D%\R[/P"Z!\&V[1WZ,Q."E>W'
M#9'LRY6!_#UG3+P_J&OY_F^8JW\!4$L#!!0    ( +. BU275T$LHP4  !P>
M   8    >&PO=V]R:W-H965T<R]S:&5E=#0N>&ULM5E1;YLZ&/TK5K2'5KH9
MV$ "4QJI#4RMU*U5TVVZNKH/+G$:5, 9..WZ[Z\A+ 3L^-MZLY<$R/F..<?F
MXP0F+[QX*E>,"?0C2_/R;+ 28OW!LLIXQ3):ON=KELM?EKS(J)"[Q:-5K@M&
M%W51EEK$MD=61I-\,)W4QVZ+Z81O1)KD[+9 Y2;+:/%ZP5+^<C; @Y\'[I+'
ME:@.6-/)FCZR.1-?UK>%W+-V+(LD8WF9\!P5;'DV.,<?(C*N"FK$UX2]E'O;
MJ)+RP/E3M7.U.!O8U1FQE,6BHJ#RZYG-6)I63/(\OC>D@]V85>'^]D_VC[5X
M*>:!EFS&TV_)0JS.!OX +=B2;E)QQU\N62/(J_ABGI;U)WK98L?V ,6;4O"L
M*99GD"7Y]IO^:(S8*R#N@0+2%)!^@7.@P&D*G'Y!<*# ;0K<7H&4IB_PFH):
MNK757AL74D&GDX*_H*)"2[9JHW:_KI9^)7FU4.:BD+\FLDY,9SPO>9HLJ& +
M-!?R2ZX"42*^1+,5S1]9B9(<1=\WB7A%0_1E'J*3=Z?H777T?L4W)<T7Y<02
M\E0J0BMNAKW8#DL.#'M5EALY8$S7B: I^B=CV0,K_M40S<Q$\Q4M&)+72)9L
M,A-/:.8YC^--MDEK&T*V3.)$F-@B,]L]/ZS*DC.TFR:RFR92$[H'""]H2O.8
M(2KDV<7OD8/_0L3&OL[Y+=.H9JKZQ//4GEC/^Y:J".S:CCONPD(5-@P"$O1@
MD0ISL>VU8W8$.SO!CE'P51[SC"$+G5SSLCQ%LB4BL6+HE=%")WK+YAE$@XA0
M10R=D>/AGEX0UA'L[@2[1L$W4EV!I&BYEE=5(WYF\AJK3-#)=4&Y("($$9$)
MT1'I[41Z1I'W-_?GUVAV\^GV+KJ,/L^OOD;HZK/<CZR3ZYOY_!1]O+E#]Y<1
M^CLZO],)]T#A(")4$=IY!F$="T8["T9&"^J&-:SN;0NTIJ_;;GN2<\$0)J<Z
MR2-0LHIP^YI!DLA(TI$ZWDD=FZ]AV>3KKB5O)G(A9S(7R/M9_(06&X8$E\?R
M9U;4D:,Q &L-&(,&J @/*Q: -!% TS'!WYG@OZ5S!SJA/BA416#7\TB_<ZNP
M(7:\D>OW!*NXP!\'>L'!3G!PU,X=@*)!1*@BAGCLC$E/+@CK",9VFZ'L(_;N
MALRD&(:$,"0R0KI2]^(B_L,=O!G *!^$A!J(=LIA7->(-I!A<R+[_3[>$!J%
MJQ"EC<$TD9FF*[@-9!A(9$?JYAB.:AJ(C[V^#R!/!/!TC6B#&C8GM7TC<OE/
M^*<9U8*02^!SI3W02U<#%29][2K&#1Q;40^G-ST3'A_0WV8X; YQ9OW-:F _
M6!$G90WZ1HN"UI>'R1LXV6D@.'#[QH \$<#3M:7-==@<[/9MF:6T+-%%];]T
MR8I"MHC.ZG#U#L!!3P-Q;*5!P%D/X.DZT,8];,Y[]W*62[I] !3SLGJ*D*.D
M^J?_ADL%#GT:R!#;>_&EL0/.?2!3UY V^N&W9#]B:P5KHIW2&S28P,,VZ4O6
MY3_/J4?N"E>!+K$/7@MM!,3'S8 8#H$P)-1 L!MXBF@(UGU"TZ9 <LP42. 4
M"$-"&!(9(5VI;0HD?SH%$C@%PI!0 ]'-. CKVK#W4.[8&9# &5 #43(@3!.9
M:;J"VPQ(?CT#_EX_)VH4&RG*-7$M\/I-*]3 %/%:)O^0_C;ZD?\3_=X:?8@F
M%BK>:##]3*C!*,:H$'(@$),V$))?#X1O2CX$SGX:"':4E0%G/X"GZT";_8@Y
M^QTS^1 X!FH@0]?&?3?@' @1=>UH@R Q!\$#N0=KY8Z5UP=^/_=H,,1W77O4
M5ZSBAMCQ[;&B6P5B=^1BOZ?<VGNQ5KTW_42+QR0O4<J6LM!^/Y;.%=M7D=L=
MP=?UN[8'+@3/ZLT5HPM65 #Y^Y++B6]VJM=WNQ?"T_\ 4$L#!!0    ( +.
MBU2T5IST/@@  +TD   8    >&PO=V]R:W-H965T<R]S:&5E=#4N>&ULE5K;
M<MNV%OT5C*8/R4P5$0"O&=LSB77:9J8]QQ/W\@R3D,03BE1!RH[_OAL@+4K
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M?%=F_#)T!_/VR$,W#-W>?-Q)44FE ?#[INN&ER_Z!J<WEF[^ 5!+ P04
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M*)D*CVEG+K70B2091SA(5>P=B2>J3!$\B>[=0+K?*S,K'=Q0!#P5/WR6N21
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MX^E1$889O>+0\@;Z?VZ,;R:L8/,N'/\-4$L#!!0    ( +. BU0!8 G+ORH
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M@>G+?$WC=[HRF>TF>@&/P!=U ]^4F[(S!:QHHKMK4UT9O6%N6[;-A@8RL'&
M3?P3D-ZTB% %."R;8DIX+<RJ-43[L#!;%D9VO#"@ @I",P$$]&T!6&TR "@'
MD4@T,7A*-@DW?/;LA=6 DV79.<3C"ZA#=H@*P"_NT+*LLSI'E@,:;/H6OI_@
M#@"*.] N-)--,+K)=KHVM&H/,FPB2%!88E:O:"T(;M-:&+3*B$KQX;YM<0
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M0!:]8;Y4$@ CMCP]81DRC;"%P3'<B+#**X]!(*:&@[P& \LDU /J95L(M.E
MIJS!DX4QG3%:>]0X):!&_>NAG"<%"DZ#_H2:XC7PS1J-+Y!R:#B1"IC-7JB/
M:\3.W'UFBGL^07&@3_%?_/Q,_GU,ZW!"-(A%>X3AU8M^!1YM9-B02-GVBZJT
M:Y3? I&Z%2(M$$UT&!ZQ>7? )BZ"0\*Q(X?C"Q.NW:(4H>%>__@).!5G'FR
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MJGVY(@RQ*#EB9E^PD'JJ/K988X(Z"2,OK,O? B*V"!$_=?H,8Q4<X;$3\OP
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M,Z!O2E2K1R)_(;PX%F<< DR648:ZB#N6Q7)%8?ZE)%MM3VNA"62].IK-CZE
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MF7_63Y\]UF?_(;?OA:HZS68C5SQ3<5VS/.XMHT::SN#BN,B.#QZ/W$+%+1T
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M_TS0'R5)MOO2+56LWQS .)W.[_7!VW'_7__E,AI=O7KL/_%=;N37N993F\*
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M=L$?YQI*F-, O)]:&&#X0@O4/Q=[^S]02P,$%     @ LX"+5//8'WVA#0
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M*@RQ1,.VX3<1K0_@\]H8VAN^P/#*YK\!4$L#!!0    ( +. BU1GLMLS_0(
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M2;\%]0\_M:'=@5FK^:JS;"4PL@I^$VK5F4"A5J)$;1RF6[_VYXKV8 ^HJ4V
M[)H5T5556&Z(BNFPG$#+.*V2)5#O,98>B,T4WG'1N?!=HO^[F"%V6P"0 )IM
MJ,?@]X[;#0P2B*,#:&D/:9\+B@9!O8PMUE!V>MC=^]4*<N<--WH*/9JMF:6&
MV G2@[U%0-,.I%"2HGU;557$A/"CI3.*.B2TRA)=SL0S2"Y_" U#4_B# LD;
MC=2G+47T2_<"8%4A*2^0*-@U8MC]I_PQ(M>0'SU)E\%=ZZ#M=%%3(RXI#=IO
M+SKJ-_00=*!4U"B957I(0/FL!D)-XI,:(&$MY=-]*J)."C14CEU1!WCOU>@F
M(W<.!KNF<&F&XHY\LM!U/Z#>A5[ T+\FGHK!@G)K^9"BPH..EHM-3]9]:NBH
MTC$<=%6=[8BGX\KDYB77*9F=Q$?4!2=W8,VT)JJ4C<\$#XM]3]57T3"SIORX
MPCM0U8&;H-3B9KOZR!^NRIV2# 88J6ST/!=;IKI<#'D@51,RLF"=\:>G5&!4
M[V]-E?W484"JH\*.[*\)E!R(-+9*.[B0S"<=QKQ".?7EE:?9(J0C0#MNKWCZ
M).DCHU"C=";Q,0B.*JV:ER2[(>J;X:142M EB+PE[I6[EYAG#2;9:DW;)^T4
MGO7T:.SIT8?MQOJSZL@E*DAWLJ./_48W/_6QZ-4^EAU.%O,4]K+CR>PXWX>]
MV=%D-L_VHZ]O->?(?3 R^HB$<G:^#45 H"?I8C*?'<%BOIAD\V,XS"9'>1Y]
MWN%'%$[K#MAIFA'3DVF6$=&3X]ET=K0/+WW<DZU;4X/ZWM\-C3N1TH8+U#@Z
M7C\OPZWKQ_)P=_W$]#V7!@16%)I.C^<QZ' ?#"]6M?X.ME*6;G3^L:8K-&JW
M@.8K14>T?W$;C)?RY;]02P,$%     @ LX"+5"C0)T.&&@  %%4  !D   !X
M;"]W;W)K<VAE971S+W-H965T,38N>&ULY5QI<QLWD_Z.7X'2VKM2U9CBH<MG
ME7PHZU3BN&R_;VIK:S^ )$A./)QAYI#$]]?OT]T !L-#DG-L*K4?$HOD &CT
M\?2!QKRX*<JOU<+:6M\NL[QZ>;"HZ]6SX^-JLK!+4_6*E<WQRZPHEZ;&QW)^
M7*U*:Z8\:)D=#_O]L^.E2?.#5R_XNX_EJQ=%4V=I;C^6NFJ62U.N7]NLN'EY
M,#CP7WQ*YXN:OCA^]6)EYO:SK?^Q^ECBTW&899HN;5ZE1:Y+.WMY<#EX]OJ$
MGN<'_IG:FRKZ6]-.QD7QE3Z\G[X\Z!-!-K.3FF8P^.?:OK%91A.!C%_=G =A
M21H8_^UGO^*]8R]C4]DW1?9S.JT7+P\N#O34SDR3U9^*F_^T;C^G--^DR"K^
MO[Z19\]&!WK25'6Q=(-!P3+-Y5]SZ_@0#;CH[QDP= .&3+<LQ%2^-;5Y]:(L
M;G1)3V,V^H.WRJ-!7)J34#[7)7Y-,:Y^]4.1SY]\L>52O[7C.M&YK5\<UYB8
M?CZ>N$E>RR3#/9,,AOK'(J\7E7Z73^VT.\$Q* ID#3U9KX=WSOC63GIZ-$CT
ML#\<W#'?*&QSQ/.-]LV75I.LJ)K2ZF(&J=4FS>Q4I[FH->O'&#JKQT6)J=-\
M7NG_-N.J+J$V_W,' 2>!@!,FX.3W\?G.2<A GU4K,[$O#V"!E2VO[<&KP:#W
M[_]V,1P]??Z ?]0..C1_5^,[-<5W8(JN%U9/BKPJLG1J:C"JJO$/;+$F]LW2
MW.23U&1Z550I,R^MM,E-MJ[PK*GTK,A@[=4S'993[7)/])MOF%J]9HG84G\L
M4_RTPF]O[<R6I9VJ*WZ<:*WJ2E\NB[).B03ZK [-D=OU6WM=3*S)]8^FQ*1+
MJW_X\K:7J+<%+,IL?*O?-IF9M%]^[EWBR\NRGC69_KQ(5XLBFT)!W ^T0WN=
MUNMHFG29TLY,/M6?;6D[2[C?H-OGIWU]>')R?D0?1OV1^E+4V)RIL;^)78ZQ
M96\!.Q__P5;5,_6F 2? O(^T=TCB\#3I]_M'>C ZQ>/)Q=GI42MTY9\:GLE\
MH\'PB#Z<C"[V+]_7HW.:E):_P/)GR>GI</_R3\^Q_*A_2G^?[5X>$_='F&]P
M,J)'DXN+<Q*7?I^K[YO<8M'!TT1_EQ7CIH(RED4S7^@4(KX!\[.U+FYRTIQF
M7*73%*RU%<2V+>1ZVCLD528U&/:?>TU2E_S%X/D11FVJ ,;H78/TZVC0MH;P
M&+4YYDT[9H\"[5[KK1_'.A143&VIT<[1[]I5KR$DFQ&_:,%)L5R9'-PB4UL>
M7^M/\(@E\]DFBK[X_'7M/O+OGVM3QI]_+" \_LR$\2--[I\ )*TL>]ELG6AH
M!70?5J!R^&:"%YT5$,_,3-*,[ 70JYN5K@O]R"F8NDGKA7J7?RGA^'A6D]%>
M!N?/*_TZ:ZS^B25\U6!Q#%>T^U53 BL8U^'0!3^P5_K)WJ9531_2G)#-3G.P
M0U=VTA!AA>!<!8E4O!TB:&YS6YI,30K,6@*9_/R5[JDO>+R[AQN G</+W"R%
ML;L5<:>J.552#P.;KC+LP)N*"1D[/>!-*2#SO#&E@33PR'CMK*JGMS<SMJ:D
M[9#<P'\@P0_O7__T2:VRIE(&44<YQUZQPXO>:?^Q.H0 !OW>Z6/EHB#EAQXQ
M*\-$*UNFQ91Y UNV5B\Y6" 20-TV0TL'[Z0:AF(*U@?5>;"G+ZN=6)4P#]ZP
MI@?YD.)G*;L*4C'GWZZ!S'E=*:;+^G7 8:QS.0>AY)5Z "5B]63!2-R='EYX
M9=(I%/A,]_IJF689P5N8L.8).X0GP+ 4DV$DN?"<!9<!=Y=% V(P$+NZ*9H,
M"HI)RALX-*+?ZFE#_Y5LR":S^12VN8;(Q$.0;A1$Z1I"27;0"HW*6HI944S&
M+-FU_\!G=3AF7/X =C&C@<T7 9NW=-!;/80/X>D)_D[KW38_. TVKZ_2DD,
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M^3'B=+E$WI#9?([XG>I7MF22I6<-8%P5U.JT;F7J^",DE!3H@MM24.0(-D'
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M"[&4] !^GQ5%[3_0 N%%J*_^%U!+ P04    " "S@(M4F]0()1@#  "%"
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M@ZU:8R"HM&G^U7W+PX[!;/B"0=H:I!%WLU%$^:L*ZO+<V34Y60UO\A!#C=8
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MI?'A\&26?+)!E;LS4FV>$U4)5"FTK*QS?D0"\)-%D(YPDK0EUY"P(TA2*S!
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MTZ<O%"G)KYS7XD=UH28*:I5=W2IOYI9T2(M&ATAFVAM5NX@@,/L5CJFB8X.
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M[MKUDF/Q$0FEY4YFDR#1IZS*AB(OXE2;%J1&Y?"1:([8#VBH38F6F*%%"TF
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MDO]=&+B]IP5X7SK4M.D+'=#]R/+U_P!02P,$%     @ LX"+5/4V5H.""P
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M%R*KG3=ELQD2E+H*O_*QT4-OP\WPS(:TV9"RW($12_FU]/+VK35;86DUJ-&
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M7->K5R\2\$,7&";LNEAY<\=2Q^.PD<:)/AC(?N4<GR<AP-2*#W\#4$L#!!0
M   ( +. BU33T\1[=3   ,ZO   9    >&PO=V]R:W-H965T<R]S:&5E=#(X
M+GAM;-5]6W/;R-'H^_R**>?[<J0JBA8I7V1Y=ZOD6^+4)NNR-YN'4^<!)(8B
MUB# Q8"2F5]_^C8W (0DGLV7G(==BR0PT]/3T_?N^>ZN;K[:M3&M_K8I*_O]
MDW7;;J^>/K7+M=ED=EIO306_K.IFD[7PL;EY:K>-R7)Z:5,^G9^?OWBZR8KJ
MR0_?T7>?FA^^JW=M653F4Z/M;K/)FOT;4]9WWS^9/7%??"YNUBU^\?2'[[;9
MC?EBVK]O/S7PZ:D?)2\VIK)%7>G&K+Y_<CV[>G/Q'%^@)WXIS)V-_M:XE$5=
M?\4/'_/OGYPC1*8TRQ:'R."?6_/6E"6.!'#\)H,^\7/BB_'?;O0/M'A8S"*S
MYFU=_J/(V_7W3RZ?Z-RLLEW9?J[O_FQD003@LBXM_5_?R;/G3_1R9]MZ(R\#
M!)NBXG^S;X*(A[PPEQ?F!#=/1%"^R]KLA^^:^DXW^#2,AG_04NEM *ZH<%>^
MM W\6L![[0]O,EM87:_TI\9LLR9C5%6Y_E+<5,6J6&95JZ^7RWI7M45UHS_5
M9;$LC-4G[J_3[YZV  @.]W0ID[[A2><')IW-]5_KJEU;_;[*39X.\!16X)<Q
M=\MX,Q\=\9U93O7%;*+GY_/9R'@7'BT7--[%H?$*NRQKNVL,XJ:HBK;(2IUM
MM[!FQA%\;5M 5-;D@+\&GFE- P>CI9^M_M_9PK8-$-W_&0'GF0?G&8'S[!&[
M=#6$]]%A\(1?V6VV--\_ 4BM:6[-DQ_FTYGZXQ\NYQ>O7@_^HP<GUW^JD1R6
M=;4T384'@Y_)/*E<Z9_71K^M-]NLVNNM:9"%P#- 7G"<;W9EUO!K*H.OK#76
MPFEO=5MK<YN5NZPUNFBMSA9%6;1[^%[!;##RSL#C,,A-#,%4?W2CX+=W:].N
M3:/A?^ES^,QNLZ4M!(AA1YMZVQ0PV02.506,B('(OAJK8$]KMR*=E4  MUE1
M9HL2(*N8(])Q60"[HZE6NQ9(9@+3%\LUC=_JTF2VG>@%/ )?5#5\4VR*UN2P
MHHEN[TQY:_2&C\.JJ3<TD($3"-C$/P'I=8,(58##HLZGA-?<W#2&B!,69HO<
MR-'-#?#KG-!,  $!6@!6FPP 6@+[HL/=>4HV"3=\]O*UU8"35=$ZQ.,+R/#W
MB K +^[0JJBR:HEG NBHWC7P_01W %#<@BB@F6R"T4VVUY6A57N081.!V\$2
ML^J&UH+@UHV%0<N,V T^O&L:' # 4.;;%K@Y#)) .('U+%I$5+:GN5!VY;L2
M(5C"TLH"8#4P5;MFI'C@<6G6P RX3F"E,"L@LH0_;P$Z0BG]#<\#&G<5PHPT
M:;X5EN"CB3/<"IS8TH#;NH6_<7C!#*X,@"OAX!%X,C^\OC! 14CF@+!*6YC/
MKO8X@REQ\[,V$+!*CUI*N]/DK,6HSLTM2-XM_ O[4L)WL#-KO0)AC#C\E66C
MQ0,%1[LE9H?+",<1-M/NA';L5'VLW) (OP$LP"'@)3+QAPD ^VT"%1RIZ/C9
MZ-S<PFRFM$* ;B3A&;AYD[![-A),\6@QS0!4 ,@:5@0;9G[;%<!0<#$-PCKI
M3@<J3D.O$GU5=N"19;8%<BLU/9 7"!X\M"I1;]JU0(7_I.,WZ1VE&U,A12DD
MC"P' 5Z@5$!-1+O)B&C"MC0(;R/T!.MG&D-F72#-\%;'"]_9=*O'-T5E\!'U
MF!Q/_QK J1M 9JG;AE@"4 *PI!+_E7?YT+%8F^J?*OV7K-J!!J?GKUC>3O0'
MLVCHJ]E+_HK6^Y==9?3\.7^3T *=2H,'.<L!FS R +""\U??G0%4B $XD/5J
M!1RONK%\%(!>;X%;Y,E(1!:K74/<OBS@Q1Q?/0'=SC0*L/(W.(WZU>E47Q,W
M!D7!;!;PK%,64B)E9HMPD39)@D.V'I2!;;DCI/Z7OG@YO>2-6 ![0(;&RT!>
MFZ.*8,+Q=6,75GO^!8 M\&60)"#7F "'Q!K1!@QB:0X+*E>>X?N!A8$2T@JQ
MW!D\-"2DX1'F5NVZB \=B$D 9DD'_>U/OWQ\=S9[=4 *J#<[$*7([W&=K/,[
MF>1?O2V:G77R;IU9M3 &.<2R)!@RX"H QJ98ZL6>WOQ'W92Y_K/)2MBWGYJ;
MK)*C@XP&]N,<1P&<$U';W0)U+.*E>6&;W=;AF/EB62_P3 )FZLW>H4K;=;%%
M[@3B.P<%N@'Y$!%US#YN:V09).1DR(!7L%&^FE9XF(6CU3A9F.\:KP+RPN&T
M@M!# 2'RCP]IX5&=X,RCQ*DS%NET!PH%8 8G0/[M51WX:9T!B67 TF^$<<"Y
MP'&'A?="MFT2+2;BI!Y-P,' <K&.Y0L3Q#.N\*C([R3#]WX-G;D"JR'^EG!C
MXF(Y('8)E(.[^>LNO]F()(<=;H!=9," ;O#D!G7F-@.)QG*=F$C8(SK"L!%(
MZC%Z##QRR^N*N$FLH"V 1#8(I%/?)O>LAG9@35I)4:D@CD#] A;XQJ#V@FO,
M=TO6 C8X.S)K6-=-C6I' U#0Z:#!5D :#%BY9_V/(,@VI%JB%H?O]7D&#EO0
M>C=;TQ:H'!$#%\X!>B.L'):'YT63GMJ@<7:'IXQ4*Z(=(,0:=^ WX-%XG"H4
MCF;YE;7QIBEN<14B\L)I1L;&!S$'V;JG<U?668X/HS8&WP(Y-GL//R@(B2*"
M1]GI\DQTR9%03K7C$PPGPH)DE;-5"9&2*N9442%#(AZ"PN,/D20+F.IWNX84
M 3K0C6UIX:@*P(/(8Y+M)\6JW+%@ ?0+A1&1%LURMT$6A%H<H/;FQC2R$E(!
M#1XH&#2H?+C HB$R[T+U,[%QD0^HY19NWD#C2OB0TUV8"\7\"W]-IULRR3AD
M\BND;1+IT3XZ<X I.3KK.CGK,5J$9R 7K^)E1;KA :X@*T:6CW2;^<T 'DXT
MR@K\KRP**UB?U\ B106/DR*SA<=#<J>CX#8?"0LI[D/=/'"K=6>K$PHKW7&T
M;EVR#D5R%4 B<9H1)HNF2X3" A-4E;45?>'9Y,7LN:IJ/9_J,6,[_<=9WNK1
MSAG''_-3_<4I""3SO3ET!:H\X*G*A%]^\,+BLS,X\55Q<'@?P%NOA9 7X+HL
MV?-QMA04@T2FXT+,&U3=RF9B8Q ADGY@D -6Q!1V6UC2,AYTJK^ V <U+B-6
MAMQNM4.VF2I SE+&CTC>S+1PW4U=HJY%<X,2" <6Y6N7JRY1*(D>=OS(&BV8
M]!A,]8C#Y[EW^#P?=?@$S&>P=7DP+CMNID$GT.C0AYQ \V&ZU(<@45U(6!T.
MQ+AUQ)CE]994ZH8Q37RS56+0@6 B#MJ8VZ(&:1F4EKW)P'C[MC3;ED0KG7&R
M$?C4&?0=ZH\?/G^))181F)M2E$Z_[V0"./-%#( K'F+V0O^()&'/WO[Q#Z^>
MOWH-MH8&;>TSFI5 0I_Q!+U%K=Q:(N>3:X>/4UZZ^\AN0K0/ 3E-;5'E!SE9
M[B=(AUD%LY?!J^/4"@#\IJ@J_ ;%7Z.S%;*QF5A1P,JF^GW6P,!-XH<$>H01
M0*$ ("<B4G 0$"1#1H)"!]0>1<H.<-\4_S2LMQ2@NQG$SE]!9,PO)S+CQ^LO
M;SRJ21,6<L"3(P896MZ%6>$W)7),(WXLA)(8I.!7W8!Q1BHH@%W2\=O4.;$Q
M<=![VD&(2)@M(X0#/R#?'EE).2B72_K=@J;IY##)000JUK-)\JJP/0(VCK)%
M!RU9OVB9Y05Y9X34>"TZ\@#B+R1%G&8HJQ"WDQ4Q2@MP3,1!HQJFH^ZR&*D
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MK+#H5T75L_/WHBYU#NF]6NLPKKI:ZWSZ<)]9QW46)ZVH(UQGXOL09H1)'&)
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MPXM+LUUJV+_!0=FZ.U](-!ODS-H\6:!L@CG?28E'QQ),CV#^$U!+ P04
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MU,VZGJ!>^P:YT$CMU@\+NM_ . /ZOM144LW$!6AOS,EO4$L#!!0    ( +.
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M&655Q:%:.2/LR5HY(VQPA@WYO76%M=UFFGR9WP4WFG!#?N.BQ9N!N"V>C,@
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MOL7Q$R/7KJU82(--BAN6V!6"L@;X?BDQK=W$!NC[S.F_4$L#!!0    ( +.
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M*A":24$4%$M_/;[>)-;?.?S-X*B?V,16DDIY;P>?\Z4?6D+ (3,6@>+K 6Z
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M[:85OHN@K /N%U*:86$/&%_:Y"]02P,$%     @ LX"+5!'E$H@P P  W@<
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M4VAZ=GG.F>L&LU/0-G$85A9IM*)8TRX#%QSH?&TM[I5PP; =BU]02P,$%
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M Y&$;R;AN[HU![;FIV9K#FS-P['5(]7%K3O3\('FX0.S-0>VYL>QU1U^0&7
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M,!U[ X\DL*1YAM=R\PU*/5W+%\M,NU^R*6-;'HESC9*78),!9Z+XIX]E';8
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MJD(YVB#&&EJ6VT++1@F+C;1\2:7Z9<M1/[$9_FT:32G/]D046%!TDL9+DCQ
M!+9Q\%N&PC2.P3M4@A?KYB0"YX>.ZU<+<D<1_;-@(!"Q\FB8)FG,PM)?9@-T
M6^1H44XB5&B<8$]($K"P/(+ DZ?@F"BZ2_--00L:-O#IB-XA<1<IA+<$'(+
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M&>2';$J^L4S:*\P@_'TNM ZU?\[3LCG)DAGXSB2$^>Z 4ITL8D XI[+;*2!
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MRX\+2J:4BP'P_2Q-\_I!3+#^&<C7_P502P,$%     @ LX"+5#P&G,U\!0
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M. &Y>F1.P56VQ)0KF21(F1#@Z))(3%-QK/;NII?@Z-LQ^ 9H#GXGK! XC\7
MEHJ&!K.CZLAQ>23:<21$X)KE,A'@>QZ3^"6 K?C70:!-$&.T%_&21&? A2<
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M[YJ4!XHOBS<7IEPIGA8?%Y3$5.@+X/L9Y^KQ0 ^P?N/G]%]02P,$%     @
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MLT8"+UCTBVQD.+/&%MC@ *61?&"[+S@O:*C]^2P2YAOL<EO' GXJ)*,Y6&5
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M308YX^4G?:X*<62 1QT&I#(@YP;##H.H,H@N-1A6!D-7F9**J\.*:KJ827%
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MV-\?HB@M/_ ?"-S^-NOI/U!+ P04    " "S@(M4B)WOE?8"  #9!P  &0
M 'AL+W=O<FMS:&5E=',O<VAE970V,RYX;6R556U/VS 0_BM6AB8F01/GK2UK
M*P%A&M*8$!WCP[0/;G)M+!*[V$X+_WZVDV9]'_O2VN=['M]SY]P-EEP\RQQ
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MRUS/7A#&09]/.5>KC;F@G>:C/U!+ P04    " "S@(M4:+C 8[ #   *#0
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MWA2SI@J6(OF;;70\]R8>VL"6'A+]51P_05'0T,:+1**R7W0L^@8>B@Y*B[0
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M971S+W-H965T-C<N>&ULS5==3]LP%/TK5]$>0!HD3D,IJ*VTDDW; Q,:^WA
M>W"3V\8BMCO;H2#MQ\]V0EJ@#45($R_4=NXY]^/<.)?A4JIK72 :N.6ET*.@
M,&9Q&H8Z*Y!3?2@7*.R3F52<&KM5\U O%-+<@W@9QE'4#SEE(A@/_=F%&@]E
M94HF\$*!KCBGZFZ"I5R. A+<'WQC\\*X@W \7- Y7J+YL;A0=A>V+#GC*#23
M A3.1L$'<IJ2Q &\Q4^&2[VV!I?*5,IKM_F2CX+(180E9L914/MS@V=8EH[)
MQO&G(0U:GPZXOKYG_^23M\E,J<8S6?YBN2E&P2" '&>T*LTWN?R,34)'CB^3
MI?9_8=G81@%DE3:2-V ; 6>B_J6W32'6 *2_!1 W@/@Q(-D"Z#6 WJZ I 'X
M4H=U*KX.*35T/%1R"<I96S:W\,7T:)L^$T[W2Z/L4V9Q9GQ94(4PL97+X8+>
M644-[*5H*"OU/AS C\L4]M[MPSM@ KX7LM)4Y'H8&NO;,819XV=2^XFW^"$Q
MG$MA"@T?18[Y0X+0!MU&'M]'/HD[&5/,#J%'WD,<Q61#0&>[PZ,-\'1G.#GI
MR*;7ZM#S?$FG#O;5Y:SB<,613U'][B!.6N+$$_>V!<IT5DI=678Y X.*:[ 2
M0B9%SMRKI]VY=NX/IKX-%DT;4*6HF*-?7SE:8 :Y[@KJJ WJJ#M;([-K8%I7
MUE]>*2;F8 J$.Z0*]FYH6:%KOKHH=529Y/:NT]2%O*G]:H=][]!==C?CQ,IZ
ML]X0SYNDG28/4NVWJ?8[4_TJQ<''6\PJ=[]!RI2]\*32K<3P%UZL_7'K^_CM
M:#]H@QK\;^T'SVO_O$G::?(@U9,VU9-N[2NGI*NQS8#;KYPOM=Y%8A*M+O#H
M[8A,UKXKY!4RUX5XJ<Z-RZ,UB4A,C@>/M-Y@%@](_$CN362#+8*3>)5V_"K)
M[>O^W(W05?[5YX3TWE!7K#Y&)/G_79'LUA5/S39UQ0:R)UT1KLU;'-7<SZW:
M!EH)4P\P[6D[&W_P$^&C\XF;F?T<MZ*I!^YSJN;,BE3BS%)&A\<V(E7/L/7&
MR(6?ZJ;2V!G1+PL[]Z-R!O;Y3$ISOW$.VO\DQO\ 4$L#!!0    ( +. BU2B
M*?>2Q (  /@'   9    >&PO=V]R:W-H965T<R]S:&5E=#8X+GAM;(U52V^C
M,!C\*Q;JH95V"QA"VBI!:I*N=@]5J[[VL-J# U^"5;"SMDG2?[^V(30!$O62
M^#$SGK&-O]&&BW>9 2BT+7(FQTZFU.K&=66204'D)5\!TS,++@JB=%<L7;D2
M0%)+*G(7>U[D%H0R)Q[9L4<1CWBI<LK@42!9%@41'Q/(^6;L^,YNX(DN,V4&
MW'BT(DMX!O6Z>A2ZYS8J*2V 2<H9$K 8.[?^S6QH\!;P1F$C]]K())ES_FXZ
MO]*QXQE#D$.BC +1?VN80IX;(6WC7ZWI-$L:XGY[I_[#9M=9YD3"E.>_::JR
ML7/EH!06I,S5$]_\A#K/P.@E/)?V%VUJK.>@I)2*%S59.R@HJ_[)MMZ'/8(?
M'2'@FH#;A/ ((:@)P5<)84T([<Y44>P^S(@B\4CP#1(&K=5,PVZF9>OXE)EC
M?U9"SU+-4_$;_]"GB^ZV^AY)D(BP%+V!U >#'E8@B*)L^3G['=5XV(V<ST 1
MFLL+/??Z/$/G9Q?H#%&&7C)>2JTF1Z[2/LUJ;E)[FE2>\!%//D;WG*E,HCN6
M0GHHX.J 34J\2SG!)Q5GD%RBP/^&L(?]'D/3K].]'OKLRW3_^D2:H#FSP.H%
M1_2:XYA_($94*0#](7.IA/Z(_I[0#QO]T.J'1_2GO"BH-!]V[^%5Y,B2S:NR
MCB,<C=SU_GYV,7[D'6)F70S&88,Y<#YHG ]..I^4[!V$;*YGG_U*8;"W;,O8
MM(O OC]LN>^"_"@X8C]J[$<G[3^H# 1:'WYB?1FBSN(##[=2=#'8#UHA>C"A
MUY]AV&08GLSPPA7)^SP/NU?"QU<MTUT0#J_;%Z<'Y%U?M6R[>V]B 6)I:XM$
M"2^9JAZ.9K0I7[?VU6Z-3W19JZK0ITQ5$^^)6%(F40X++>E=#O5&BJK.5!W%
M5_;EG7.EWW';S'1I!F$ >G[!N=IUS )-L8__ U!+ P04    " "S@(M4PA%0
M!CX#  !'"@  &0   'AL+W=O<FMS:&5E=',O<VAE970V.2YX;6R-5LMNVS 0
M_!5"Z"$%VNC]<& ;:*P4#= @0=.DAZ('6EI;0B52):DX^?N2E*PX>B$76R1G
MAS.[E+C+ V5_>08@T'-9$+XR,B&J"]/D208EYN>T B)7=I256,@AVYN\8H!3
M'506IF-9@5GBG!CKI9Z[8^LEK461$[ACB-=EB=G+)13TL#)LXSCQ(]]G0DV8
MZV6%]W /XJ&Z8W)D=BQI7@+A.26(P6YE?+$O8MM2 1KQF,.!GSPC965+Z5\U
MN$Y7AJ4400&)4!18_CW!!HI",4D=_UI2H]M3!9X^']F_:O/2S!9SV-#B5YZ*
M;&5$!DIAA^M"_*"';] :\A5?0@NN?]&AQ5H&2FHN:-D&2P5E3II__-PFXB3
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MQ<_:6!=-K/!(+!RB*\Y4(=$GED/^VH&OP3OZ\)G^(ASUN(+L%$7X PJ#$#N
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MS>IIY]6T_H%I/1_=<J8*B:Y8#OE[ 5=[:(SX.R-S_ZAB MDY"KPOR!_X7D]
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MG^N'1O4N^"]3O5)N=>H3)O716VK)P?E(+Z2H;OZJH_C:WH4I5_IFM<U"/Y9
M&(#^ON1<[3IF@N;Y-?L'4$L#!!0    ( +. BU3^!%IYB@(  /0&   9
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MS9G0A$-I*(.3@>F2:F9LLT"Y<%-G)M',,&=6YED"91W,>2DEKA<V0/?0I7\
M4$L#!!0    ( +. BU1#_JH%&@(  &P$   9    >&PO=V]R:W-H965T<R]S
M:&5E=#<S+GAM;(5446^;,!#^*Q;:0RM5,2%)MU4$J6DV;0^9HD;='J8]7."
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MFE%*\(JD1.UFG;@"-CRA$YJD9Z95$)C2:K#<1F51I2QJ53;=,R:K4C<UD<'
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M9:7=%[:M[WCB0;[1).L.;"*HN6A7MNOJ, "$QP!1!XA> T9' '$'B-\+&'4
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M-'84=IABTP?2&.#W6 B]F9@-JC9R^AM02P,$%     @ LX"+5,C][;K! P
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ME)GZQG=_TKI#L<F7\DQ6GV!7:\,12$NI>%X':P<Y*_;?Y%==B%8 C 8"4!V
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MPLA6'<[>VXUR_>^)7W!6C[\M1"@2*?=6QS?<63W@<:(8;QM=QV^OQ54/T7_
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M<F]P<R]A<' N>&UL4$L! A0#%     @ LX"+5!TE1 7N    *P(  !$
M         ( !KP   &1O8U!R;W!S+V-O<F4N>&UL4$L! A0#%     @ LX"+
M5)E<G",0!@  G"<  !,              ( !S $  'AL+W1H96UE+W1H96UE
M,2YX;6Q02P$"% ,4    " "S@(M4D[SMN(<&  !A'0  &
M@($-"   >&PO=V]R:W-H965T<R]S:&5E=#$N>&UL4$L! A0#%     @ LX"+
M5('\NEKI!0  #1<  !@              ("!R@X  'AL+W=O<FMS:&5E=',O
M<VAE970R+GAM;%!+ 0(4 Q0    ( +. BU2IYY?1" 8  )(9   8
M      " @>D4  !X;"]W;W)K<VAE971S+W-H965T,RYX;6Q02P$"% ,4
M" "S@(M4EU=!+*,%   <'@  &               @($G&P  >&PO=V]R:W-H
M965T<R]S:&5E=#0N>&UL4$L! A0#%     @ LX"+5+16G/0^"   O20  !@
M             ("! "$  'AL+W=O<FMS:&5E=',O<VAE970U+GAM;%!+ 0(4
M Q0    ( +. BU1U!5#NB@4  ",.   8              " @70I  !X;"]W
M;W)K<VAE971S+W-H965T-BYX;6Q02P$"% ,4    " "S@(M4 6 )R[\J  !6
MC   &               @($T+P  >&PO=V]R:W-H965T<R]S:&5E=#<N>&UL
M4$L! A0#%     @ LX"+5(,7V:[D P  JPD  !@              ("!*5H
M 'AL+W=O<FMS:&5E=',O<VAE970X+GAM;%!+ 0(4 Q0    ( +. BU21"/$5
MXQ   #HV   8              " @4->  !X;"]W;W)K<VAE971S+W-H965T
M.2YX;6Q02P$"% ,4    " "S@(M4\]@??:$-  !:)   &0
M@(%<;P  >&PO=V]R:W-H965T<R]S:&5E=#$P+GAM;%!+ 0(4 Q0    ( +.
MBU3]B7MU>@(  %8%   9              " @31]  !X;"]W;W)K<VAE971S
M+W-H965T,3$N>&UL4$L! A0#%     @ LX"+5*&0I9AJ @  <04  !D
M         ("!Y7\  'AL+W=O<FMS:&5E=',O<VAE970Q,BYX;6Q02P$"% ,4
M    " "S@(M49[+;,_T"  #"!@  &0              @(&&@@  >&PO=V]R
M:W-H965T<R]S:&5E=#$S+GAM;%!+ 0(4 Q0    ( +. BU2\;I<IM \  (=)
M   9              " @;J%  !X;"]W;W)K<VAE971S+W-H965T,30N>&UL
M4$L! A0#%     @ LX"+5)00.X*U!   H L  !D              ("!I94
M 'AL+W=O<FMS:&5E=',O<VAE970Q-2YX;6Q02P$"% ,4    " "S@(M4*- G
M0X8:   450  &0              @(&1F@  >&PO=V]R:W-H965T<R]S:&5E
M=#$V+GAM;%!+ 0(4 Q0    ( +. BU2;U @E& ,  (4(   9
M  " @4ZU  !X;"]W;W)K<VAE971S+W-H965T,3<N>&UL4$L! A0#%     @
MLX"+5%V;.UAF P  70@  !D              ("!G;@  'AL+W=O<FMS:&5E
M=',O<VAE970Q."YX;6Q02P$"% ,4    " "S@(M42)IJN_P"  !#!@  &0
M            @($ZO   >&PO=V]R:W-H965T<R]S:&5E=#$Y+GAM;%!+ 0(4
M Q0    ( +. BU2GU3O[20,   ,'   9              " @6V_  !X;"]W
M;W)K<VAE971S+W-H965T,C N>&UL4$L! A0#%     @ LX"+5$.Z[AT_ @
M\@0  !D              ("![<(  'AL+W=O<FMS:&5E=',O<VAE970R,2YX
M;6Q02P$"% ,4    " "S@(M4@N@4C>P"   W!@  &0              @(%C
MQ0  >&PO=V]R:W-H965T<R]S:&5E=#(R+GAM;%!+ 0(4 Q0    ( +. BU2>
M1]$AR04  &0.   9              " @8;(  !X;"]W;W)K<VAE971S+W-H
M965T,C,N>&UL4$L! A0#%     @ LX"+5$C>;;VI#@  <"D  !D
M     ("!ALX  'AL+W=O<FMS:&5E=',O<VAE970R-"YX;6Q02P$"% ,4
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M+GAM;%!+ 0(4 Q0    ( +. BU2<'@)N8 ,  )H(   9              "
M@?\A 0!X;"]W;W)K<VAE971S+W-H965T,CDN>&UL4$L! A0#%     @ LX"+
M5)!.("@O @  $ 4  !D              ("!EB4! 'AL+W=O<FMS:&5E=',O
M<VAE970S,"YX;6Q02P$"% ,4    " "S@(M4E8=Q!\("   ]!P  &0
M        @('\)P$ >&PO=V]R:W-H965T<R]S:&5E=#,Q+GAM;%!+ 0(4 Q0
M   ( +. BU0:_3OOH 0  $0,   9              " @?4J 0!X;"]W;W)K
M<VAE971S+W-H965T,S(N>&UL4$L! A0#%     @ LX"+5&S##B@U @  MP0
M !D              ("!S"\! 'AL+W=O<FMS:&5E=',O<VAE970S,RYX;6Q0
M2P$"% ,4    " "S@(M4ZI%$Y8P"  "0!0  &0              @($X,@$
M>&PO=V]R:W-H965T<R]S:&5E=#,T+GAM;%!+ 0(4 Q0    ( +. BU3Q'N_Q
MI@,  ',*   9              " @?LT 0!X;"]W;W)K<VAE971S+W-H965T
M,S4N>&UL4$L! A0#%     @ LX"+5 U:[B^M @  K@4  !D
M ("!V#@! 'AL+W=O<FMS:&5E=',O<VAE970S-BYX;6Q02P$"% ,4    " "S
M@(M4U??=SL@#   ,"0  &0              @(&\.P$ >&PO=V]R:W-H965T
M<R]S:&5E=#,W+GAM;%!+ 0(4 Q0    ( +. BU2JE94VL0(  '4'   9
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M970T,BYX;6Q02P$"% ,4    " "S@(M4;*/H-(\$   R#0  &0
M    @(%/3@$ >&PO=V]R:W-H965T<R]S:&5E=#0S+GAM;%!+ 0(4 Q0    (
M +. BU2 HI\;6P,  .0)   9              " @153 0!X;"]W;W)K<VAE
M971S+W-H965T-#0N>&UL4$L! A0#%     @ LX"+5,(@JLV\!0  5"@  !D
M             ("!IU8! 'AL+W=O<FMS:&5E=',O<VAE970T-2YX;6Q02P$"
M% ,4    " "S@(M4M,J[D.P"  #%!@  &0              @(&:7 $ >&PO
M=V]R:W-H965T<R]S:&5E=#0V+GAM;%!+ 0(4 Q0    ( +. BU0)= &1!@<
M -H<   9              " @;U? 0!X;"]W;W)K<VAE971S+W-H965T-#<N
M>&UL4$L! A0#%     @ LX"+5$LBG-IC @  T08  !D              ("!
M^F8! 'AL+W=O<FMS:&5E=',O<VAE970T."YX;6Q02P$"% ,4    " "S@(M4
MUNTI8[<"   8"   &0              @(&4:0$ >&PO=V]R:W-H965T<R]S
M:&5E=#0Y+GAM;%!+ 0(4 Q0    ( +. BU0.+>BE_P(  #D)   9
M      " @8)L 0!X;"]W;W)K<VAE971S+W-H965T-3 N>&UL4$L! A0#%
M  @ LX"+5&P831FA @  P 8  !D              ("!N&\! 'AL+W=O<FMS
M:&5E=',O<VAE970U,2YX;6Q02P$"% ,4    " "S@(M4(PM@I*X/   24@
M&0              @(&0<@$ >&PO=V]R:W-H965T<R]S:&5E=#4R+GAM;%!+
M 0(4 Q0    ( +. BU0\!IS-? 4  /P:   9              " @76" 0!X
M;"]W;W)K<VAE971S+W-H965T-3,N>&UL4$L! A0#%     @ LX"+5))HL1L$
M P  9@@  !D              ("!*(@! 'AL+W=O<FMS:&5E=',O<VAE970U
M-"YX;6Q02P$"% ,4    " "S@(M4UL$B12\#  #Q#   &0
M@(%CBP$ >&PO=V]R:W-H965T<R]S:&5E=#4U+GAM;%!+ 0(4 Q0    ( +.
MBU0(J4AOUP8  /TC   9              " @<F. 0!X;"]W;W)K<VAE971S
M+W-H965T-38N>&UL4$L! A0#%     @ LX"+5"$.-Q%2 @  $P8  !D
M         ("!UY4! 'AL+W=O<FMS:&5E=',O<VAE970U-RYX;6Q02P$"% ,4
M    " "S@(M4[!1'B0<"  "#!   &0              @(%@F $ >&PO=V]R
M:W-H965T<R]S:&5E=#4X+GAM;%!+ 0(4 Q0    ( +. BU1P"\*4O0(  !T(
M   9              " @9Z: 0!X;"]W;W)K<VAE971S+W-H965T-3DN>&UL
M4$L! A0#%     @ LX"+5'2COS)( P  ] T  !D              ("!DIT!
M 'AL+W=O<FMS:&5E=',O<VAE970V,"YX;6Q02P$"% ,4    " "S@(M4F4O(
MU2H$  !1$   &0              @($1H0$ >&PO=V]R:W-H965T<R]S:&5E
M=#8Q+GAM;%!+ 0(4 Q0    ( +. BU3+!GTOE0P  *=5   9
M  " @7*E 0!X;"]W;W)K<VAE971S+W-H965T-C(N>&UL4$L! A0#%     @
MLX"+5(B=[Y7V @  V0<  !D              ("!/K(! 'AL+W=O<FMS:&5E
M=',O<VAE970V,RYX;6Q02P$"% ,4    " "S@(M4:+C 8[ #   *#0  &0
M            @(%KM0$ >&PO=V]R:W-H965T<R]S:&5E=#8T+GAM;%!+ 0(4
M Q0    ( +. BU0=F-9XM0,  .P3   9              " @5*Y 0!X;"]W
M;W)K<VAE971S+W-H965T-C4N>&UL4$L! A0#%     @ LX"+5"$GJ2$ #0
M$D(  !D              ("!/KT! 'AL+W=O<FMS:&5E=',O<VAE970V-BYX
M;6Q02P$"% ,4    " "S@(M48B*2HSD#  !5#   &0              @(%U
MR@$ >&PO=V]R:W-H965T<R]S:&5E=#8W+GAM;%!+ 0(4 Q0    ( +. BU2B
M*?>2Q (  /@'   9              " @>7- 0!X;"]W;W)K<VAE971S+W-H
M965T-C@N>&UL4$L! A0#%     @ LX"+5,(14 8^ P  1PH  !D
M     ("!X- ! 'AL+W=O<FMS:&5E=',O<VAE970V.2YX;6Q02P$"% ,4
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M+GAM;%!+ 0(4 Q0    ( +. BU2Y.VP < (  $H&   9              "
M@43@ 0!X;"]W;W)K<VAE971S+W-H965T-S0N>&UL4$L! A0#%     @ LX"+
M5,$86G76 P  O T  !D              ("!Z^(! 'AL+W=O<FMS:&5E=',O
M<VAE970W-2YX;6Q02P$"% ,4    " "S@(M440\@!5X"  #'!0  &0
M        @('XY@$ >&PO=V]R:W-H965T<R]S:&5E=#<V+GAM;%!+ 0(4 Q0
M   ( +. BU24]WS?NP(  %D'   9              " @8WI 0!X;"]W;W)K
M<VAE971S+W-H965T-S<N>&UL4$L! A0#%     @ LX"+5 %!T[D5 P  4@H
M !D              ("!?^P! 'AL+W=O<FMS:&5E=',O<VAE970W."YX;6Q0
M2P$"% ,4    " "S@(M4R/WMNL$#   5$0  &0              @('+[P$
M>&PO=V]R:W-H965T<R]S:&5E=#<Y+GAM;%!+ 0(4 Q0    ( +. BU1'36Z%
M" 4  %T:   9              " @</S 0!X;"]W;W)K<VAE971S+W-H965T
M.# N>&UL4$L! A0#%     @ LX"+5"ZH7P;V P  )Q<  !D
M ("! OD! 'AL+W=O<FMS:&5E=',O<VAE970X,2YX;6Q02P$"% ,4    " "S
M@(M460(C:2(#  "*$0  #0              @ $O_0$ >&PO<W1Y;&5S+GAM
M;%!+ 0(4 Q0    ( +. BU27BKL<P    !,"   +              "  7P
M @!?<F5L<R\N<F5L<U!+ 0(4 Q0    ( +. BU21<W3JSP4  $<U   /
M          "  64! @!X;"]W;W)K8F]O:RYX;6Q02P$"% ,4    " "S@(M4
MJYPQ2VX"  #:+P  &@              @ %A!P( >&PO7W)E;',O=V]R:V)O
M;VLN>&UL+G)E;'-02P$"% ,4    " "S@(M41.3?6!X"  "7+@  $P
M        @ $'"@( 6T-O;G1E;G1?5'EP97-=+GAM;%!+!08     60!9 &88
(  !6# (    !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>98
<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.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>99
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..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;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>100
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.22.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>310</ContextCount>
  <ElementCount>366</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>101</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>5</UnitCount>
  <MyReports>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>00000002 - Statement - Consolidated Statements of Comprehensive Income/(Loss)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss</Role>
      <ShortName>Consolidated Statements of Comprehensive Income/(Loss)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>2</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R3.htm</HtmlFileName>
      <LongName>00000003 - Statement - Consolidated Statements of Financial Position</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/StatementsOfFinancialPosition</Role>
      <ShortName>Consolidated Statements of Financial Position</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>3</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R4.htm</HtmlFileName>
      <LongName>00000004 - Statement - Consolidated Statements of Changes in Equity</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/StatementsOfChangesInEquity</Role>
      <ShortName>Consolidated Statements of Changes in Equity</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>4</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R5.htm</HtmlFileName>
      <LongName>00000005 - Statement - Consolidated Statements of Cash Flows</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/StatementsOfCashFlows</Role>
      <ShortName>Consolidated Statements of Cash Flows</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>5</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R6.htm</HtmlFileName>
      <LongName>00000006 - Disclosure - Basis of presentation and general information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation</Role>
      <ShortName>Basis of presentation and general information</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>6</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R7.htm</HtmlFileName>
      <LongName>00000007 - Disclosure - Basis of Preparation and Significant Accounting Policies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies</Role>
      <ShortName>Basis of Preparation and Significant Accounting Policies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>7</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R8.htm</HtmlFileName>
      <LongName>00000008 - Disclosure - Cash and cash equivalents and Restricted cash</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash</Role>
      <ShortName>Cash and cash equivalents and Restricted cash</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>8</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R9.htm</HtmlFileName>
      <LongName>00000009 - Disclosure - Transactions with Related Parties</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/TransactionsWithRelatedParties</Role>
      <ShortName>Transactions with Related Parties</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>9</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R10.htm</HtmlFileName>
      <LongName>00000010 - Disclosure - Vessels, net</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VesselsNet</Role>
      <ShortName>Vessels, net</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>10</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R11.htm</HtmlFileName>
      <LongName>00000011 - Disclosure - Inventories</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Inventories</Role>
      <ShortName>Inventories</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>11</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R12.htm</HtmlFileName>
      <LongName>00000012 - Disclosure - Trade accounts payable</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/TradeAccountsPayable</Role>
      <ShortName>Trade accounts payable</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>12</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R13.htm</HtmlFileName>
      <LongName>00000013 - Disclosure - Accrued liabilities and other payables</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables</Role>
      <ShortName>Accrued liabilities and other payables</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>13</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R14.htm</HtmlFileName>
      <LongName>00000014 - Disclosure - Share Capital and Share Premium</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareCapitalAndSharePremium</Role>
      <ShortName>Share Capital and Share Premium</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>14</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R15.htm</HtmlFileName>
      <LongName>00000015 - Disclosure - Earnings/(Loss) per Share</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/EarningslossPerShare</Role>
      <ShortName>Earnings/(Loss) per Share</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>15</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R16.htm</HtmlFileName>
      <LongName>00000016 - Disclosure - Long-Term Debt, net</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Long-termDebtNet</Role>
      <ShortName>Long-Term Debt, net</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>16</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R17.htm</HtmlFileName>
      <LongName>00000017 - Disclosure - Share Based Payment</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareBasedPayment</Role>
      <ShortName>Share Based Payment</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>17</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R18.htm</HtmlFileName>
      <LongName>00000018 - Disclosure - Voyage Expenses and Vessel Operating Expenses</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses</Role>
      <ShortName>Voyage Expenses and Vessel Operating Expenses</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>18</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R19.htm</HtmlFileName>
      <LongName>00000019 - Disclosure - Administrative Expenses</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/AdministrativeExpenses</Role>
      <ShortName>Administrative Expenses</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>19</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R20.htm</HtmlFileName>
      <LongName>00000020 - Disclosure - Interest Expense and Finance Costs</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts</Role>
      <ShortName>Interest Expense and Finance Costs</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>20</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R21.htm</HtmlFileName>
      <LongName>00000021 - Disclosure - Dividends</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Dividends</Role>
      <ShortName>Dividends</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>21</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R22.htm</HtmlFileName>
      <LongName>00000022 - Disclosure - Contingencies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Contingencies</Role>
      <ShortName>Contingencies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>22</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R23.htm</HtmlFileName>
      <LongName>00000023 - Disclosure - Commitments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Commitments</Role>
      <ShortName>Commitments</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>23</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R24.htm</HtmlFileName>
      <LongName>00000024 - Disclosure - Income Tax</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/IncomeTax</Role>
      <ShortName>Income Tax</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>24</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R25.htm</HtmlFileName>
      <LongName>00000025 - Disclosure - Financial risk management objectives and policies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies</Role>
      <ShortName>Financial risk management objectives and policies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>25</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R26.htm</HtmlFileName>
      <LongName>00000026 - Disclosure - Fair values</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FairValues</Role>
      <ShortName>Fair values</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>26</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R27.htm</HtmlFileName>
      <LongName>00000027 - Disclosure - Events after the reporting date</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/EventsAfterReportingDate</Role>
      <ShortName>Events after the reporting date</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>27</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R28.htm</HtmlFileName>
      <LongName>00000028 - Disclosure - Basis of Preparation and Significant Accounting Policies (Policies)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies</Role>
      <ShortName>Basis of Preparation and Significant Accounting Policies (Policies)</ShortName>
      <MenuCategory>Policies</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies</ParentRole>
      <Position>28</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R29.htm</HtmlFileName>
      <LongName>00000029 - Disclosure - Basis of presentation and general information (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables</Role>
      <ShortName>Basis of presentation and general information (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation</ParentRole>
      <Position>29</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R30.htm</HtmlFileName>
      <LongName>00000030 - Disclosure - Cash and cash equivalents and Restricted cash (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables</Role>
      <ShortName>Cash and cash equivalents and Restricted cash (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash</ParentRole>
      <Position>30</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R31.htm</HtmlFileName>
      <LongName>00000031 - Disclosure - Transactions with Related Parties (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables</Role>
      <ShortName>Transactions with Related Parties (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/TransactionsWithRelatedParties</ParentRole>
      <Position>31</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R32.htm</HtmlFileName>
      <LongName>00000032 - Disclosure - Vessels, net (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VesselsNetTables</Role>
      <ShortName>Vessels, net (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/VesselsNet</ParentRole>
      <Position>32</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R33.htm</HtmlFileName>
      <LongName>00000033 - Disclosure - Inventories (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/InventoriesTables</Role>
      <ShortName>Inventories (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/Inventories</ParentRole>
      <Position>33</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R34.htm</HtmlFileName>
      <LongName>00000034 - Disclosure - Accrued liabilities and other payables (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables</Role>
      <ShortName>Accrued liabilities and other payables (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables</ParentRole>
      <Position>34</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R35.htm</HtmlFileName>
      <LongName>00000035 - Disclosure - Share Capital and Share Premium (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables</Role>
      <ShortName>Share Capital and Share Premium (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/ShareCapitalAndSharePremium</ParentRole>
      <Position>35</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R36.htm</HtmlFileName>
      <LongName>00000036 - Disclosure - Earnings/(Loss) per Share (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/EarningslossPerShareTables</Role>
      <ShortName>Earnings/(Loss) per Share (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/EarningslossPerShare</ParentRole>
      <Position>36</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R37.htm</HtmlFileName>
      <LongName>00000037 - Disclosure - Long-Term Debt, net (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Long-termDebtNetTables</Role>
      <ShortName>Long-Term Debt, net (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/Long-termDebtNet</ParentRole>
      <Position>37</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R38.htm</HtmlFileName>
      <LongName>00000038 - Disclosure - Share Based Payment (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareBasedPaymentTables</Role>
      <ShortName>Share Based Payment (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/ShareBasedPayment</ParentRole>
      <Position>38</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R39.htm</HtmlFileName>
      <LongName>00000039 - Disclosure - Voyage Expenses and Vessel Operating Expenses (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables</Role>
      <ShortName>Voyage Expenses and Vessel Operating Expenses (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses</ParentRole>
      <Position>39</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R40.htm</HtmlFileName>
      <LongName>00000040 - Disclosure - Administrative Expenses (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/AdministrativeExpensesTables</Role>
      <ShortName>Administrative Expenses (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/AdministrativeExpenses</ParentRole>
      <Position>40</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R41.htm</HtmlFileName>
      <LongName>00000041 - Disclosure - Interest Expense and Finance Costs (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables</Role>
      <ShortName>Interest Expense and Finance Costs (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts</ParentRole>
      <Position>41</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R42.htm</HtmlFileName>
      <LongName>00000042 - Disclosure - Commitments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/CommitmentsTables</Role>
      <ShortName>Commitments (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/Commitments</ParentRole>
      <Position>42</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R43.htm</HtmlFileName>
      <LongName>00000043 - Disclosure - Financial risk management objectives and policies (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables</Role>
      <ShortName>Financial risk management objectives and policies (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies</ParentRole>
      <Position>43</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R44.htm</HtmlFileName>
      <LongName>00000044 - Disclosure - Fair values (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FairValuesTables</Role>
      <ShortName>Fair values (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/FairValues</ParentRole>
      <Position>44</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R45.htm</HtmlFileName>
      <LongName>00000045 - Disclosure - Basis of presentation and general information (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails</Role>
      <ShortName>Basis of presentation and general information (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables</ParentRole>
      <Position>45</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R46.htm</HtmlFileName>
      <LongName>00000046 - Disclosure - Basis of presentation and general information (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative</Role>
      <ShortName>Basis of presentation and general information (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables</ParentRole>
      <Position>46</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R47.htm</HtmlFileName>
      <LongName>00000047 - Disclosure - Basis of Preparation and Significant Accounting Policies (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative</Role>
      <ShortName>Basis of Preparation and Significant Accounting Policies (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies</ParentRole>
      <Position>47</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R48.htm</HtmlFileName>
      <LongName>00000048 - Disclosure - Cash and cash equivalents and Restricted cash (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails</Role>
      <ShortName>Cash and cash equivalents and Restricted cash (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables</ParentRole>
      <Position>48</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R49.htm</HtmlFileName>
      <LongName>00000049 - Disclosure - Cash and cash equivalents and Restricted cash (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative</Role>
      <ShortName>Cash and cash equivalents and Restricted cash (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables</ParentRole>
      <Position>49</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R50.htm</HtmlFileName>
      <LongName>00000050 - Disclosure - Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails</Role>
      <ShortName>Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>50</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R51.htm</HtmlFileName>
      <LongName>00000051 - Disclosure - Transactions with Related Parties - Compensation to the Company's Executive Director (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails</Role>
      <ShortName>Transactions with Related Parties - Compensation to the Company's Executive Director (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>51</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R52.htm</HtmlFileName>
      <LongName>00000052 - Disclosure - Transactions with Related Parties (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative</Role>
      <ShortName>Transactions with Related Parties (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables</ParentRole>
      <Position>52</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R53.htm</HtmlFileName>
      <LongName>00000053 - Disclosure - Vessels, net - Consolidated Statement of Financial Position (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails</Role>
      <ShortName>Vessels, net - Consolidated Statement of Financial Position (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>53</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R54.htm</HtmlFileName>
      <LongName>00000054 - Disclosure - Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails</Role>
      <ShortName>Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>54</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R55.htm</HtmlFileName>
      <LongName>00000055 - Disclosure - Vessels, net - Impairment loss (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails</Role>
      <ShortName>Vessels, net - Impairment loss (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>55</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R56.htm</HtmlFileName>
      <LongName>00000056 - Disclosure - Vessels, net (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VesselsNetDetailsNarrative</Role>
      <ShortName>Vessels, net (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/VesselsNetTables</ParentRole>
      <Position>56</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R57.htm</HtmlFileName>
      <LongName>00000057 - Disclosure - Inventories (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/InventoriesDetails</Role>
      <ShortName>Inventories (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/InventoriesTables</ParentRole>
      <Position>57</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R58.htm</HtmlFileName>
      <LongName>00000058 - Disclosure - Trade accounts payable (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative</Role>
      <ShortName>Trade accounts payable (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/TradeAccountsPayable</ParentRole>
      <Position>58</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R59.htm</HtmlFileName>
      <LongName>00000059 - Disclosure -  Accrued liabilities and other payables (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails</Role>
      <ShortName>Accrued liabilities and other payables (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables</ParentRole>
      <Position>59</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R60.htm</HtmlFileName>
      <LongName>00000060 - Disclosure - Share Capital and Share Premium - Authorised share capital (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails</Role>
      <ShortName>Share Capital and Share Premium - Authorised share capital (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>60</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R61.htm</HtmlFileName>
      <LongName>00000061 - Disclosure - Share Capital and Share Premium - Common Shares issued and fully paid (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails</Role>
      <ShortName>Share Capital and Share Premium - Common Shares issued and fully paid (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>61</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R62.htm</HtmlFileName>
      <LongName>00000062 - Disclosure - Share Capital and Share Premium (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative</Role>
      <ShortName>Share Capital and Share Premium (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables</ParentRole>
      <Position>62</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R63.htm</HtmlFileName>
      <LongName>00000063 - Disclosure - Earnings/(Loss) per Share (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/EarningslossPerShareDetails</Role>
      <ShortName>Earnings/(Loss) per Share (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/EarningslossPerShareTables</ParentRole>
      <Position>63</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R64.htm</HtmlFileName>
      <LongName>00000064 - Disclosure -  Long-Term Debt, net - Consolidated statement of financial position (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails</Role>
      <ShortName>Long-Term Debt, net - Consolidated statement of financial position (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>64</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R65.htm</HtmlFileName>
      <LongName>00000065 - Disclosure -  Long-Term Debt, net - Annual loan principal payments (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails</Role>
      <ShortName>Long-Term Debt, net - Annual loan principal payments (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>65</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R66.htm</HtmlFileName>
      <LongName>00000066 - Disclosure - Long-Term Debt, net (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative</Role>
      <ShortName>Long-Term Debt, net (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/Long-termDebtNetTables</ParentRole>
      <Position>66</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R67.htm</HtmlFileName>
      <LongName>00000067 - Disclosure -  Share Based Payment (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/ShareBasedPaymentDetails</Role>
      <ShortName>Share Based Payment (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/ShareBasedPaymentTables</ParentRole>
      <Position>67</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R68.htm</HtmlFileName>
      <LongName>00000068 - Disclosure -  Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails</Role>
      <ShortName>Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>68</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R69.htm</HtmlFileName>
      <LongName>00000069 - Disclosure - Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails</Role>
      <ShortName>Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>69</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R70.htm</HtmlFileName>
      <LongName>00000070 - Disclosure -  Administrative Expenses (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/AdministrativeExpensesDetails</Role>
      <ShortName>Administrative Expenses (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/AdministrativeExpensesTables</ParentRole>
      <Position>70</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R71.htm</HtmlFileName>
      <LongName>00000071 - Disclosure -  Interest Expense and Finance Costs (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails</Role>
      <ShortName>Interest Expense and Finance Costs (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables</ParentRole>
      <Position>71</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R72.htm</HtmlFileName>
      <LongName>00000072 - Disclosure - Interest Expense and Finance Costs (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative</Role>
      <ShortName>Interest Expense and Finance Costs (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables</ParentRole>
      <Position>72</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R73.htm</HtmlFileName>
      <LongName>00000073 - Disclosure - Dividends (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/DividendsDetailsNarrative</Role>
      <ShortName>Dividends (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/Dividends</ParentRole>
      <Position>73</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R74.htm</HtmlFileName>
      <LongName>00000074 - Disclosure -  Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails</Role>
      <ShortName>Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>74</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R75.htm</HtmlFileName>
      <LongName>00000075 - Disclosure - Commitments (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/CommitmentsDetailsNarrative</Role>
      <ShortName>Commitments (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/CommitmentsTables</ParentRole>
      <Position>75</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R76.htm</HtmlFileName>
      <LongName>00000076 - Disclosure - Income Tax (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/IncomeTaxDetailsNarrative</Role>
      <ShortName>Income Tax (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://globusmaritime.gr/role/IncomeTax</ParentRole>
      <Position>76</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R77.htm</HtmlFileName>
      <LongName>00000077 - Disclosure - Financial risk management objectives and policies - Interest rate risk (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails</Role>
      <ShortName>Financial risk management objectives and policies - Interest rate risk (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>77</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R78.htm</HtmlFileName>
      <LongName>00000078 - Disclosure -  Financial risk management objectives and policies - Foreign currency risk (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails</Role>
      <ShortName>Financial risk management objectives and policies - Foreign currency risk (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>78</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R79.htm</HtmlFileName>
      <LongName>00000079 - Disclosure - Financial risk management objectives and policies - Concentration of credit risk table (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails</Role>
      <ShortName>Financial risk management objectives and policies - Concentration of credit risk table (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>79</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R80.htm</HtmlFileName>
      <LongName>00000080 - Disclosure - Financial risk management objectives and policies - Liquidity risk (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails</Role>
      <ShortName>Financial risk management objectives and policies - Liquidity risk (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>80</Position>
    </Report>
    <Report instance="glbs-20211231.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R81.htm</HtmlFileName>
      <LongName>00000081 - Disclosure -  Fair values measurement (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://globusmaritime.gr/role/FairValuesMeasurementDetails</Role>
      <ShortName>Fair values measurement (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>81</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="20-F" original="glbs-20211231.htm">glbs-20211231.htm</File>
    <File>exhibit121.htm</File>
    <File>exhibit122.htm</File>
    <File>exhibit131.htm</File>
    <File>exhibit132.htm</File>
    <File>exhibit151.htm</File>
    <File>exhibit21.htm</File>
    <File>exhibit43.htm</File>
    <File>exhibit81.htm</File>
    <File>glbs-20211231.xsd</File>
    <File>glbs-20211231_cal.xml</File>
    <File>glbs-20211231_def.xml</File>
    <File>glbs-20211231_lab.xml</File>
    <File>glbs-20211231_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="869">http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full</BaseTaxonomy>
    <BaseTaxonomy items="42">http://xbrl.sec.gov/dei/2021q4</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>102
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "glbs-20211231.htm": {
   "axisCustom": 0,
   "axisStandard": 21,
   "contextCount": 310,
   "dts": {
    "calculationLink": {
     "local": [
      "glbs-20211231_cal.xml"
     ]
    },
    "definitionLink": {
     "local": [
      "glbs-20211231_def.xml"
     ]
    },
    "inline": {
     "local": [
      "glbs-20211231.htm"
     ]
    },
    "labelLink": {
     "local": [
      "glbs-20211231_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "glbs-20211231_pre.xml"
     ]
    },
    "schema": {
     "local": [
      "glbs-20211231.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd",
      "http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd",
      "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd",
      "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd",
      "https://xbrl.sec.gov/country/2021/country-2021.xsd",
      "https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd"
     ]
    }
   },
   "elementCount": 598,
   "entityCount": 1,
   "hidden": {
    "http://globusmaritime.gr/20211231": 5,
    "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full": 4,
    "http://xbrl.sec.gov/dei/2021q4": 3,
    "total": 12
   },
   "keyCustom": 118,
   "keyStandard": 248,
   "memberCustom": 79,
   "memberStandard": 19,
   "nsprefix": "glbs",
   "nsuri": "http://globusmaritime.gr/20211231",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "00000001 - Document - Cover",
     "role": "http://globusmaritime.gr/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R10": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000010 - Disclosure - Vessels, net",
     "role": "http://globusmaritime.gr/role/VesselsNet",
     "shortName": "Vessels, net",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R11": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfInventoriesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000011 - Disclosure - Inventories",
     "role": "http://globusmaritime.gr/role/Inventories",
     "shortName": "Inventories",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfInventoriesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R12": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000012 - Disclosure - Trade accounts payable",
     "role": "http://globusmaritime.gr/role/TradeAccountsPayable",
     "shortName": "Trade accounts payable",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R13": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000013 - Disclosure - Accrued liabilities and other payables",
     "role": "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables",
     "shortName": "Accrued liabilities and other payables",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R14": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000014 - Disclosure - Share Capital and Share Premium",
     "role": "http://globusmaritime.gr/role/ShareCapitalAndSharePremium",
     "shortName": "Share Capital and Share Premium",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R15": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000015 - Disclosure - Earnings/(Loss) per Share",
     "role": "http://globusmaritime.gr/role/EarningslossPerShare",
     "shortName": "Earnings/(Loss) per Share",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R16": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfBorrowingsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000016 - Disclosure - Long-Term Debt, net",
     "role": "http://globusmaritime.gr/role/Long-termDebtNet",
     "shortName": "Long-Term Debt, net",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfBorrowingsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R17": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000017 - Disclosure - Share Based Payment",
     "role": "http://globusmaritime.gr/role/ShareBasedPayment",
     "shortName": "Share Based Payment",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R18": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000018 - Disclosure - Voyage Expenses and Vessel Operating Expenses",
     "role": "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses",
     "shortName": "Voyage Expenses and Vessel Operating Expenses",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R19": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000019 - Disclosure - Administrative Expenses",
     "role": "http://globusmaritime.gr/role/AdministrativeExpenses",
     "shortName": "Administrative Expenses",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R2": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:RevenueFromRenderingOfServices",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "statement",
     "isDefault": "false",
     "longName": "00000002 - Statement - Consolidated Statements of Comprehensive Income/(Loss)",
     "role": "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss",
     "shortName": "Consolidated Statements of Comprehensive Income/(Loss)",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:FeeAndCommissionIncome",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R20": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000020 - Disclosure - Interest Expense and Finance Costs",
     "role": "http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts",
     "shortName": "Interest Expense and Finance Costs",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R21": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfDividendsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000021 - Disclosure - Dividends",
     "role": "http://globusmaritime.gr/role/Dividends",
     "shortName": "Dividends",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfDividendsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R22": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000022 - Disclosure - Contingencies",
     "role": "http://globusmaritime.gr/role/Contingencies",
     "shortName": "Contingencies",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R23": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfCommitmentsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000023 - Disclosure - Commitments",
     "role": "http://globusmaritime.gr/role/Commitments",
     "shortName": "Commitments",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfCommitmentsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R24": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000024 - Disclosure - Income Tax",
     "role": "http://globusmaritime.gr/role/IncomeTax",
     "shortName": "Income Tax",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R25": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000025 - Disclosure - Financial risk management objectives and policies",
     "role": "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies",
     "shortName": "Financial risk management objectives and policies",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R26": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000026 - Disclosure - Fair values",
     "role": "http://globusmaritime.gr/role/FairValues",
     "shortName": "Fair values",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R27": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000027 - Disclosure - Events after the reporting date",
     "role": "http://globusmaritime.gr/role/EventsAfterReportingDate",
     "shortName": "Events after the reporting date",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R28": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfGoingConcernExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000028 - Disclosure - Basis of Preparation and Significant Accounting Policies (Policies)",
     "role": "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies",
     "shortName": "Basis of Preparation and Significant Accounting Policies (Policies)",
     "subGroupType": "policies",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfGoingConcernExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R29": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000029 - Disclosure - Basis of presentation and general information (Tables)",
     "role": "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables",
     "shortName": "Basis of presentation and general information (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R3": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:Ships",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "statement",
     "isDefault": "false",
     "longName": "00000003 - Statement - Consolidated Statements of Financial Position",
     "role": "http://globusmaritime.gr/role/StatementsOfFinancialPosition",
     "shortName": "Consolidated Statements of Financial Position",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:OfficeEquipment",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R30": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfCashAndBankBalancesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000030 - Disclosure - Cash and cash equivalents and Restricted cash (Tables)",
     "role": "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables",
     "shortName": "Cash and cash equivalents and Restricted cash (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfCashAndBankBalancesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R31": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfCompensationOfNonExecutiveDirectors",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000031 - Disclosure - Transactions with Related Parties (Tables)",
     "role": "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables",
     "shortName": "Transactions with Related Parties (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfCompensationOfNonExecutiveDirectors",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R32": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000032 - Disclosure - Vessels, net (Tables)",
     "role": "http://globusmaritime.gr/role/VesselsNetTables",
     "shortName": "Vessels, net (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R33": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfInventoriesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000033 - Disclosure - Inventories (Tables)",
     "role": "http://globusmaritime.gr/role/InventoriesTables",
     "shortName": "Inventories (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfInventoriesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R34": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000034 - Disclosure - Accrued liabilities and other payables (Tables)",
     "role": "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables",
     "shortName": "Accrued liabilities and other payables (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R35": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000035 - Disclosure - Share Capital and Share Premium (Tables)",
     "role": "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables",
     "shortName": "Share Capital and Share Premium (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R36": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfEarningsPerShareTableExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000036 - Disclosure - Earnings/(Loss) per Share (Tables)",
     "role": "http://globusmaritime.gr/role/EarningslossPerShareTables",
     "shortName": "Earnings/(Loss) per Share (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfEarningsPerShareTableExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R37": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfBorrowingsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000037 - Disclosure - Long-Term Debt, net (Tables)",
     "role": "http://globusmaritime.gr/role/Long-termDebtNetTables",
     "shortName": "Long-Term Debt, net (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfBorrowingsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R38": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfShareBasedPayment",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000038 - Disclosure - Share Based Payment (Tables)",
     "role": "http://globusmaritime.gr/role/ShareBasedPaymentTables",
     "shortName": "Share Based Payment (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfShareBasedPayment",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R39": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfVoyageExpenses",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000039 - Disclosure - Voyage Expenses and Vessel Operating Expenses (Tables)",
     "role": "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables",
     "shortName": "Voyage Expenses and Vessel Operating Expenses (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfVoyageExpenses",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R4": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2018-12-31_ifrs-full_IssuedCapitalMember",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:Equity",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "statement",
     "isDefault": "false",
     "longName": "00000004 - Statement - Consolidated Statements of Changes in Equity",
     "role": "http://globusmaritime.gr/role/StatementsOfChangesInEquity",
     "shortName": "Consolidated Statements of Changes in Equity",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2018-12-31_ifrs-full_IssuedCapitalMember",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:Equity",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R40": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfAdministrativeExpenses",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000040 - Disclosure - Administrative Expenses (Tables)",
     "role": "http://globusmaritime.gr/role/AdministrativeExpensesTables",
     "shortName": "Administrative Expenses (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfAdministrativeExpenses",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R41": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfInterestExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000041 - Disclosure - Interest Expense and Finance Costs (Tables)",
     "role": "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables",
     "shortName": "Interest Expense and Finance Costs (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfInterestExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R42": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfCommitmentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000042 - Disclosure - Commitments (Tables)",
     "role": "http://globusmaritime.gr/role/CommitmentsTables",
     "shortName": "Commitments (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfCommitmentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R43": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfInterestRateRiskExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000043 - Disclosure - Financial risk management objectives and policies (Tables)",
     "role": "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables",
     "shortName": "Financial risk management objectives and policies (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfInterestRateRiskExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R44": {
     "firstAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfFairValuesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000044 - Disclosure - Fair values (Tables)",
     "role": "http://globusmaritime.gr/role/FairValuesTables",
     "shortName": "Fair values (Tables)",
     "subGroupType": "tables",
     "uniqueAnchor": {
      "ancestors": [
       "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:DisclosureOfFairValuesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R45": {
     "firstAnchor": {
      "ancestors": [
       "td",
       "tr",
       "table",
       "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
       "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000045 - Disclosure - Basis of presentation and general information (Details)",
     "role": "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails",
     "shortName": "Basis of presentation and general information (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "td",
       "tr",
       "table",
       "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
       "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_custom_GlobusShipmanagementCorpMember",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R46": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "i",
       "b",
       "p",
       "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000046 - Disclosure - Basis of presentation and general information (Details Narrative)",
     "role": "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative",
     "shortName": "Basis of presentation and general information (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "i",
       "b",
       "p",
       "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R47": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "p",
       "ifrs-full:DisclosureOfGoingConcernExplanatory",
       "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:CurrentAssetsLiabilities",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000047 - Disclosure - Basis of Preparation and Significant Accounting Policies (Details Narrative)",
     "role": "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
     "shortName": "Basis of Preparation and Significant Accounting Policies (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "p",
       "ifrs-full:DisclosureOfGoingConcernExplanatory",
       "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:CurrentAssetsLiabilities",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R48": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfCashAndBankBalancesExplanatory",
       "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:CashOnHand",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000048 - Disclosure - Cash and cash equivalents and Restricted cash (Details)",
     "role": "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails",
     "shortName": "Cash and cash equivalents and Restricted cash (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfCashAndBankBalancesExplanatory",
       "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:CashOnHand",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R49": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:CashAndCashEquivalentsFairValueDisclosure",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000049 - Disclosure - Cash and cash equivalents and Restricted cash (Details Narrative)",
     "role": "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
     "shortName": "Cash and cash equivalents and Restricted cash (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:CashAndCashEquivalentsFairValueDisclosure",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R5": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:ProfitLoss",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "statement",
     "isDefault": "false",
     "longName": "00000005 - Statement - Consolidated Statements of Cash Flows",
     "role": "http://globusmaritime.gr/role/StatementsOfCashFlows",
     "shortName": "Consolidated Statements of Cash Flows",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:AdjustmentsForDepreciationExpense",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R50": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:DirectorsCompensationSharebasedPayment",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000050 - Disclosure - Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)",
     "role": "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails",
     "shortName": "Transactions with Related Parties - Compensation to the Company's Non-Executive Directors (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfCompensationOfNonExecutiveDirectors",
       "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_custom_NonExecutiveDirectorsMember",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:DirectorsRemunerationExpense",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R51": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfCompensationOfExecutiveDirector",
       "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_custom_ExecutiveDirectorMember",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000051 - Disclosure - Transactions with Related Parties - Compensation to the Company's Executive Director (Details)",
     "role": "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails",
     "shortName": "Transactions with Related Parties - Compensation to the Company's Executive Director (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfCompensationOfExecutiveDirector",
       "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_custom_ExecutiveDirectorMember",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R52": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "ifrs-full:DescriptionOfManagingLiquidityRisk",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:LeaseLiabilities",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000052 - Disclosure - Transactions with Related Parties (Details Narrative)",
     "role": "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative",
     "shortName": "Transactions with Related Parties (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2016-01-012016-08-18_custom_AffiliatedCompanyOfCompanysCEOMember",
      "decimals": "-3",
      "lang": null,
      "name": "glbs:ConsultingFeesExpense",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R53": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2020-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:Ships",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000053 - Disclosure - Vessels, net - Consolidated Statement of Financial Position (Details)",
     "role": "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails",
     "shortName": "Vessels, net - Consolidated Statement of Financial Position (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory",
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2018-12-31_custom_CarryingAmountIMember",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:Ships",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R54": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory",
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:DepreciationPropertyPlantAndEquipment",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000054 - Disclosure - Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)",
     "role": "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails",
     "shortName": "Vessels, net - Consolidated Statement of Comprehensive Income/ (loss) (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory",
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:DepreciationPropertyPlantAndEquipment",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R55": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2020-01-012020-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000055 - Disclosure - Vessels, net - Impairment loss (Details)",
     "role": "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails",
     "shortName": "Vessels, net - Impairment loss (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2020-01-012020-12-31_custom_MVRiverGlobeMember",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R56": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000056 - Disclosure - Vessels, net (Details Narrative)",
     "role": "http://globusmaritime.gr/role/VesselsNetDetailsNarrative",
     "shortName": "Vessels, net (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2020-12-31",
      "decimals": "INF",
      "lang": null,
      "name": "glbs:WeightedAverageCostOfCapital",
      "reportCount": 1,
      "unique": true,
      "unitRef": "Pure",
      "xsiNil": "false"
     }
    },
    "R57": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory",
       "ifrs-full:DisclosureOfInventoriesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:LubricantsInventoryCurrent",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000057 - Disclosure - Inventories (Details)",
     "role": "http://globusmaritime.gr/role/InventoriesDetails",
     "shortName": "Inventories (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory",
       "ifrs-full:DisclosureOfInventoriesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:LubricantsInventoryCurrent",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R58": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:TradeAndOtherCurrentPayables",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000058 - Disclosure - Trade accounts payable (Details Narrative)",
     "role": "http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative",
     "shortName": "Trade accounts payable (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": null
    },
    "R59": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory",
       "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:CurrentInterestPayable",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000059 - Disclosure -  Accrued liabilities and other payables (Details)",
     "role": "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails",
     "shortName": "Accrued liabilities and other payables (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory",
       "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:CurrentInterestPayable",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R6": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000006 - Disclosure - Basis of presentation and general information",
     "role": "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation",
     "shortName": "Basis of presentation and general information",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R60": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "INF",
      "first": true,
      "lang": null,
      "name": "ifrs-full:ParValuePerShare",
      "reportCount": 1,
      "unitRef": "USDPShares",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000060 - Disclosure - Share Capital and Share Premium - Authorised share capital (Details)",
     "role": "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
     "shortName": "Share Capital and Share Premium - Authorised share capital (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory",
       "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "lang": null,
      "name": "glbs:ValueOfSharesAuthorised",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R61": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2020-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:IssuedCapital",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000061 - Disclosure - Share Capital and Share Premium - Common Shares issued and fully paid (Details)",
     "role": "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
     "shortName": "Share Capital and Share Premium - Common Shares issued and fully paid (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfCommonSharesExplanatory",
       "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2018-12-31_ifrs-full_OrdinarySharesMember",
      "decimals": "INF",
      "lang": null,
      "name": "ifrs-full:NumberOfSharesIssuedAndFullyPaid",
      "reportCount": 1,
      "unique": true,
      "unitRef": "Shares",
      "xsiNil": "false"
     }
    },
    "R62": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "p",
       "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "glbs:VotingRights",
      "reportCount": 1,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000062 - Disclosure - Share Capital and Share Premium (Details Narrative)",
     "role": "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
     "shortName": "Share Capital and Share Premium (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2020-06-22",
      "decimals": "INF",
      "lang": null,
      "name": "ifrs-full:ExercisePriceOfOutstandingShareOptions2019",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USDPShares",
      "xsiNil": "false"
     }
    },
    "R63": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfEarningsPerShareTableExplanatory",
       "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000063 - Disclosure - Earnings/(Loss) per Share (Details)",
     "role": "http://globusmaritime.gr/role/EarningslossPerShareDetails",
     "shortName": "Earnings/(Loss) per Share (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfEarningsPerShareTableExplanatory",
       "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R64": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition",
       "ifrs-full:DisclosureOfBorrowingsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:BorrowingsGross",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000064 - Disclosure -  Long-Term Debt, net - Consolidated statement of financial position (Details)",
     "role": "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
     "shortName": "Long-Term Debt, net - Consolidated statement of financial position (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition",
       "ifrs-full:DisclosureOfBorrowingsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "lang": null,
      "name": "glbs:DebtInstrumentUnamortisedDiscount",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R65": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition",
       "ifrs-full:DisclosureOfBorrowingsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:BorrowingsGross",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000065 - Disclosure -  Long-Term Debt, net - Annual loan principal payments (Details)",
     "role": "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
     "shortName": "Long-Term Debt, net - Annual loan principal payments (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfLongTermDebtAnnualPrincipalPayments",
       "ifrs-full:DisclosureOfBorrowingsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31_custom_CiTMember",
      "decimals": "-3",
      "lang": null,
      "name": "glbs:BorrowingsGross",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R66": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:DebtInstrumentPrepaymentAmount",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000066 - Disclosure - Long-Term Debt, net (Details Narrative)",
     "role": "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
     "shortName": "Long-Term Debt, net (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfBorrowingsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31_ifrs-full_WeightedAverageMember",
      "decimals": "INF",
      "lang": null,
      "name": "ifrs-full:BorrowingsInterestRate",
      "reportCount": 1,
      "unique": true,
      "unitRef": "Pure",
      "xsiNil": "false"
     }
    },
    "R67": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_ifrs-full_SharePremiumMember",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000067 - Disclosure -  Share Based Payment (Details)",
     "role": "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
     "shortName": "Share Based Payment (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfShareBasedPayment",
       "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R68": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfVoyageExpenses",
       "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:FeeAndCommissionExpense",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000068 - Disclosure -  Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)",
     "role": "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails",
     "shortName": "Voyage Expenses and Vessel Operating Expenses - Voyage expenses (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfVoyageExpenses",
       "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:FeeAndCommissionExpense",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R69": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfVesselOperatingExpenses",
       "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:WagesAndSalaries",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000069 - Disclosure - Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)",
     "role": "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails",
     "shortName": "Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfVesselOperatingExpenses",
       "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:WagesAndSalaries",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R7": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000007 - Disclosure - Basis of Preparation and Significant Accounting Policies",
     "role": "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies",
     "shortName": "Basis of Preparation and Significant Accounting Policies",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R70": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfAdministrativeExpenses",
       "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:PersonnelExpense",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000070 - Disclosure -  Administrative Expenses (Details)",
     "role": "http://globusmaritime.gr/role/AdministrativeExpensesDetails",
     "shortName": "Administrative Expenses (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfAdministrativeExpenses",
       "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:PersonnelExpense",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R71": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory",
       "ifrs-full:DisclosureOfInterestExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:InterestExpense",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000071 - Disclosure -  Interest Expense and Finance Costs (Details)",
     "role": "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails",
     "shortName": "Interest Expense and Finance Costs (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory",
       "ifrs-full:DisclosureOfInterestExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:BankAndSimilarCharges",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R72": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInterestExpenseAndFinanceCostsExplanatory",
       "ifrs-full:DisclosureOfInterestExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:OtherFinanceCost",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000072 - Disclosure - Interest Expense and Finance Costs (Details Narrative)",
     "role": "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative",
     "shortName": "Interest Expense and Finance Costs (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfInterestExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_custom_EnTrustMember",
      "decimals": "0",
      "lang": null,
      "name": "ifrs-full:OtherFinanceCost",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R73": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfDividendsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2019-01-012019-12-31",
      "decimals": "0",
      "first": true,
      "lang": null,
      "name": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000073 - Disclosure - Dividends (Details Narrative)",
     "role": "http://globusmaritime.gr/role/DividendsDetailsNarrative",
     "shortName": "Dividends (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "p",
       "ifrs-full:DisclosureOfDividendsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2019-01-012019-12-31",
      "decimals": "0",
      "first": true,
      "lang": null,
      "name": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R74": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory",
       "ifrs-full:DisclosureOfCommitmentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000074 - Disclosure -  Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)",
     "role": "http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails",
     "shortName": "Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory",
       "ifrs-full:DisclosureOfCommitmentsExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R75": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "p",
       "glbs:DescriptionOfAccountingPolicyForLesseeExplanatory",
       "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:DepreciationRightofuseAssets",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000075 - Disclosure - Commitments (Details Narrative)",
     "role": "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
     "shortName": "Commitments (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": null
    },
    "R76": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfAdministrativeExpenses",
       "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:TaxExpenseOtherThanIncomeTaxExpense",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000076 - Disclosure - Income Tax (Details Narrative)",
     "role": "http://globusmaritime.gr/role/IncomeTaxDetailsNarrative",
     "shortName": "Income Tax (Details Narrative)",
     "subGroupType": "details",
     "uniqueAnchor": null
    },
    "R77": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInterestRateRiskExplanatory",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "INF",
      "first": true,
      "lang": null,
      "name": "glbs:IncreaseInInterestRates",
      "reportCount": 1,
      "unique": true,
      "unitRef": "Pure",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000077 - Disclosure - Financial risk management objectives and policies - Interest rate risk (Details)",
     "role": "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails",
     "shortName": "Financial risk management objectives and policies - Interest rate risk (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInterestRateRiskExplanatory",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "INF",
      "first": true,
      "lang": null,
      "name": "glbs:IncreaseInInterestRates",
      "reportCount": 1,
      "unique": true,
      "unitRef": "Pure",
      "xsiNil": "false"
     }
    },
    "R78": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfInterestRateRiskExplanatory",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "glbs:SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000078 - Disclosure -  Financial risk management objectives and policies - Foreign currency risk (Details)",
     "role": "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails",
     "shortName": "Financial risk management objectives and policies - Foreign currency risk (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfForeignCurrencyRiskExplanatory",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-012021-12-31_ifrs-full_CurrencyRiskMember",
      "decimals": "INF",
      "lang": null,
      "name": "glbs:IncreaseInExchangeRates",
      "reportCount": 1,
      "unique": true,
      "unitRef": "Pure",
      "xsiNil": "false"
     }
    },
    "R79": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:RevenueFromRenderingOfServices",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000079 - Disclosure - Financial risk management objectives and policies - Concentration of credit risk table (Details)",
     "role": "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails",
     "shortName": "Financial risk management objectives and policies - Concentration of credit risk table (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfConcentrationOfCreditRiskExplanatory",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": "INF",
      "lang": null,
      "name": "ifrs-full:PercentageOfEntitysRevenue",
      "reportCount": 1,
      "unique": true,
      "unitRef": "Pure",
      "xsiNil": "false"
     }
    },
    "R8": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000008 - Disclosure - Cash and cash equivalents and Restricted cash",
     "role": "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash",
     "shortName": "Cash and cash equivalents and Restricted cash",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    },
    "R80": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "ifrs-full:DescriptionOfManagingLiquidityRisk",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:NoncurrentFinancialLiabilities",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000080 - Disclosure - Financial risk management objectives and policies - Liquidity risk (Details)",
     "role": "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
     "shortName": "Financial risk management objectives and policies - Liquidity risk (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "ifrs-full:DescriptionOfManagingLiquidityRisk",
       "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:NoncurrentFinancialLiabilities",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R81": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31",
      "decimals": "-3",
      "first": true,
      "lang": null,
      "name": "ifrs-full:NoncurrentDerivativeFinancialAssets",
      "reportCount": 1,
      "unitRef": "USD",
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000081 - Disclosure -  Fair values measurement (Details)",
     "role": "http://globusmaritime.gr/role/FairValuesMeasurementDetails",
     "shortName": "Fair values measurement (Details)",
     "subGroupType": "details",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "glbs:DisclosureOfFairValuesExplanatory",
       "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "AsOf2021-12-31_custom_FinancialLiabilitiesAtFairValueIIMember",
      "decimals": "-3",
      "lang": null,
      "name": "ifrs-full:NoncurrentDerivativeFinancialLiabilities",
      "reportCount": 1,
      "unique": true,
      "unitRef": "USD",
      "xsiNil": "false"
     }
    },
    "R9": {
     "firstAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "false",
     "longName": "00000009 - Disclosure - Transactions with Related Parties",
     "role": "http://globusmaritime.gr/role/TransactionsWithRelatedParties",
     "shortName": "Transactions with Related Parties",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "body",
       "html"
      ],
      "baseRef": "glbs-20211231.htm",
      "contextRef": "From2021-01-01to2021-12-31",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 101,
   "tag": {
    "dei_AddressTypeDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "An entity may have several addresses for different purposes and this domain represents all such types."
       }
      }
     },
     "localname": "AddressTypeDomain",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AnnualInformationForm": {
     "auth_ref": [
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.",
        "label": "Annual Information Form"
       }
      }
     },
     "localname": "AnnualInformationForm",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditedAnnualFinancialStatements": {
     "auth_ref": [
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.",
        "label": "Audited Annual Financial Statements"
       }
      }
     },
     "localname": "AuditedAnnualFinancialStatements",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditorFirmId": {
     "auth_ref": [
      "r235",
      "r237",
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "PCAOB issued Audit Firm Identifier",
        "label": "Auditor Firm ID"
       }
      }
     },
     "localname": "AuditorFirmId",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "nonemptySequenceNumberItemType"
    },
    "dei_AuditorLocation": {
     "auth_ref": [
      "r235",
      "r237",
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Auditor Location"
       }
      }
     },
     "localname": "AuditorLocation",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "internationalNameItemType"
    },
    "dei_AuditorName": {
     "auth_ref": [
      "r235",
      "r237",
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Auditor Name"
       }
      }
     },
     "localname": "AuditorName",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "internationalNameItemType"
    },
    "dei_BusinessContactMember": {
     "auth_ref": [
      "r237",
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Business contact for the entity",
        "label": "Business Contact [Member]"
       }
      }
     },
     "localname": "BusinessContactMember",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_ContactPersonnelName": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of contact personnel",
        "label": "Contact Personnel Name"
       }
      }
     },
     "localname": "ContactPersonnelName",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CountryRegion": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Region code of country",
        "label": "Country Region"
       }
      }
     },
     "localname": "CountryRegion",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page."
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "xbrltype": "stringItemType"
    },
    "dei_CurrentFiscalYearEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "End date of current fiscal year in the format --MM-DD.",
        "label": "Current Fiscal Year End Date"
       }
      }
     },
     "localname": "CurrentFiscalYearEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "gMonthDayItemType"
    },
    "dei_DocumentAccountingStandard": {
     "auth_ref": [
      "r237"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.",
        "label": "Document Accounting Standard"
       }
      }
     },
     "localname": "DocumentAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "accountingStandardItemType"
    },
    "dei_DocumentAnnualReport": {
     "auth_ref": [
      "r235",
      "r237",
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an annual report.",
        "label": "Document Annual Report"
       }
      }
     },
     "localname": "DocumentAnnualReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentFiscalPeriodFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Document Fiscal Period Focus"
       }
      }
     },
     "localname": "DocumentFiscalPeriodFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "fiscalPeriodItemType"
    },
    "dei_DocumentFiscalYearFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Document Fiscal Year Focus"
       }
      }
     },
     "localname": "DocumentFiscalYearFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "gYearItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentPeriodStartDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.",
        "label": "Document Period Start Date"
       }
      }
     },
     "localname": "DocumentPeriodStartDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentQuarterlyReport": {
     "auth_ref": [
      "r236"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an quarterly report.",
        "label": "Document Quarterly Report"
       }
      }
     },
     "localname": "DocumentQuarterlyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r224"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentShellCompanyEventDate": {
     "auth_ref": [
      "r237"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Date of event requiring a shell company report.",
        "label": "Document Shell Company Event Date"
       }
      }
     },
     "localname": "DocumentShellCompanyEventDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentShellCompanyReport": {
     "auth_ref": [
      "r237"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.",
        "label": "Document Shell Company Report"
       }
      }
     },
     "localname": "DocumentShellCompanyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentTransitionReport": {
     "auth_ref": [
      "r239"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a transition report.",
        "label": "Document Transition Report"
       }
      }
     },
     "localname": "DocumentTransitionReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "auth_ref": [
      "r227"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Documents incorporated by reference.",
        "label": "Documents Incorporated by Reference [Text Block]"
       }
      }
     },
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "textBlockItemType"
    },
    "dei_EntityAccountingStandard": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The standardized abbreviation of the accounting standard used by the entity. This can either be US GAAP as promulgated by the FASB or IFRS as promulgated by the IASB. Example: 'US GAAP', 'IFRS'.  This is distinct from the Document Accounting Standard element.",
        "label": "Entity Accounting Standard"
       }
      }
     },
     "localname": "EntityAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCountry": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "ISO 3166-1 alpha-2 country code.",
        "label": "Entity Address, Country"
       }
      }
     },
     "localname": "EntityAddressCountry",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "countryCodeItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityAddressesAddressTypeAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.",
        "label": "Entity Addresses, Address Type [Axis]"
       }
      }
     },
     "localname": "EntityAddressesAddressTypeAxis",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityAddressesLineItems": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Entity Addresses [Line Items]"
       }
      }
     },
     "localname": "EntityAddressesLineItems",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityAddressesTable": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Container of address information for the entity",
        "label": "Entity Addresses [Table]"
       }
      }
     },
     "localname": "EntityAddressesTable",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "auth_ref": [
      "r230"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not.  Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.",
        "label": "Entity Bankruptcy Proceedings, Reporting Current"
       }
      }
     },
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
        "label": "Entity Common Stock, Shares Outstanding"
       }
      }
     },
     "localname": "EntityCommonStockSharesOutstanding",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "sharesItemType"
    },
    "dei_EntityCurrentReportingStatus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Current Reporting Status"
       }
      }
     },
     "localname": "EntityCurrentReportingStatus",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r243"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Elected Not To Use the Extended Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityFilerCategory": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Filer Category"
       }
      }
     },
     "localname": "EntityFilerCategory",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "filerCategoryItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInteractiveDataCurrent": {
     "auth_ref": [
      "r240"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
        "label": "Entity Interactive Data Current"
       }
      }
     },
     "localname": "EntityInteractiveDataCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityPrimarySicNumber": {
     "auth_ref": [
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.",
        "label": "Entity Primary SIC Number"
       }
      }
     },
     "localname": "EntityPrimarySicNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "sicNumberItemType"
    },
    "dei_EntityPublicFloat": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.",
        "label": "Entity Public Float"
       }
      }
     },
     "localname": "EntityPublicFloat",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "monetaryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityShellCompany": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
        "label": "Entity Shell Company"
       }
      }
     },
     "localname": "EntityShellCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntitySmallBusiness": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).",
        "label": "Entity Small Business"
       }
      }
     },
     "localname": "EntitySmallBusiness",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r226"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_EntityVoluntaryFilers": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.",
        "label": "Entity Voluntary Filers"
       }
      }
     },
     "localname": "EntityVoluntaryFilers",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [
      "r241"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_Extension": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Extension number for local phone number.",
        "label": "Extension"
       }
      }
     },
     "localname": "Extension",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_IcfrAuditorAttestationFlag": {
     "auth_ref": [
      "r235",
      "r237",
      "r238"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "ICFR Auditor Attestation Flag"
       }
      }
     },
     "localname": "IcfrAuditorAttestationFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NoTradingSymbolFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a security having no trading symbol.",
        "label": "No Trading Symbol Flag"
       }
      }
     },
     "localname": "NoTradingSymbolFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "trueItemType"
    },
    "dei_OtherReportingStandardItemNumber": {
     "auth_ref": [
      "r237"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.",
        "label": "Other Reporting Standard Item Number"
       }
      }
     },
     "localname": "OtherReportingStandardItemNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "otherReportingStandardItemNumberItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r231"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r232"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r225"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_Security12gTitle": {
     "auth_ref": [
      "r229"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(g) registered security.",
        "label": "Title of 12(g) Security"
       }
      }
     },
     "localname": "Security12gTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r228"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SecurityReportingObligation": {
     "auth_ref": [
      "r233"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.",
        "label": "Security Reporting Obligation"
       }
      }
     },
     "localname": "SecurityReportingObligation",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "securityReportingObligationItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r234"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r242"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://globusmaritime.gr/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "glbs_AccruedAuditFeesCurrent": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of current audit fees payable.",
        "label": "Accrued audit fees"
       }
      }
     },
     "localname": "AccruedAuditFeesCurrent",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AccruedDirectorsCompensation": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Carrying value as of the balance sheet date of the obligations incurred through that date and payable for directors' services provided.",
        "label": "Accrued Directors Compensation"
       }
      }
     },
     "localname": "AccruedDirectorsCompensation",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AccumulatedDeficitMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Accumulated Deficit [member]"
       }
      }
     },
     "localname": "AccumulatedDeficitMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_AccumulatedDepreciationPropertyPlantAndEquipment": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount of accumulated depreciation for physical assets used in the normal conduct of business to produce goods and services.",
        "label": "Accumulated Depreciation Property Plant And Equipment",
        "negatedPeriodEndLabel": "Balance ending of period",
        "negatedPeriodStartLabel": "Balance beginning of period"
       }
      }
     },
     "localname": "AccumulatedDepreciationPropertyPlantAndEquipment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Adjustments for depreciation expense of deferred dry-docking costs to reconcile profit (loss) to net cash flow from (used in) operating activities.",
        "label": "Depreciation of deferred dry-docking costs"
       }
      }
     },
     "localname": "AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Adjustments for increase (decrease) in accrued liabilities and other payables to reconcile profit (loss) to net cash flow from (used in) operating activities.",
        "label": "Adjustments For Increase Decrease In Accrued Liabilities And Other Payables",
        "verboseLabel": "Accrued liabilities and other payables"
       }
      }
     },
     "localname": "AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AdministrativeExpenseRelatedPartyTransactions": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 7.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of expenses that the entity classifies as being administrative resulting from related party transactions.",
        "label": "Administrative Expense Related Party Transactions",
        "negatedLabel": "Administrative expenses payable to related parties"
       }
      }
     },
     "localname": "AdministrativeExpenseRelatedPartyTransactions",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AffiliatedCompanyOfCompanysCEOMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Goldenmare Limited [member]"
       }
      }
     },
     "localname": "AffiliatedCompanyOfCompanysCEOMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_AgreedAmountOfOneTimeCashBonus": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of cash bonus agreed the Company to pay to the CEO pursuant to his consultancy agreement.",
        "label": "Amount of one-time cash bonus"
       }
      }
     },
     "localname": "AgreedAmountOfOneTimeCashBonus",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AllowanceForDoubtfulTradeReceivables": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A valuation allowance for trade receivables due from companies that are expected to be uncollectible.",
        "label": "Provision for doubtful trade receivables"
       }
      }
     },
     "localname": "AllowanceForDoubtfulTradeReceivables",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_AmendedAndRestatedAgreementMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amended And Restated Agreement [member]"
       }
      }
     },
     "localname": "AmendedAndRestatedAgreementMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_AmortizationOfDebtDiscount": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount of noncash expense included in finance costs to amortize debt discount associated with the related debt instruments.",
        "label": "Amortization of debt discount"
       }
      }
     },
     "localname": "AmortizationOfDebtDiscount",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_ArgoMaritimeLimitedMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Argo Maritime Limited [member]"
       }
      }
     },
     "localname": "ArgoMaritimeLimitedMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ArtfulShipholdingSAMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Artful Shipholding S.A. [member]"
       }
      }
     },
     "localname": "ArtfulShipholdingSAMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_AssumptionOfExpectedRatesOfInflation": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The expected rate of inflation that is used as an assumption to determine the discounted future cash flows of each vessel.",
        "label": "Assumption Of Expected Rates Of Inflation"
       }
      }
     },
     "localname": "AssumptionOfExpectedRatesOfInflation",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_AssumptionOfFleetUtilisationRate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The expected fleet utilisation rate that is used as an assumption to determine the discounted future cash flows of each vessel.",
        "label": "Assumption Of Fleet Utilisation Rate"
       }
      }
     },
     "localname": "AssumptionOfFleetUtilisationRate",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_BasicAndDilutedEarningsLossPerShare": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of earnings per share when the basic and diluted measurements are equal.",
        "label": "Net income/(loss) per common share \u2013 basic and diluted"
       }
      }
     },
     "localname": "BasicAndDilutedEarningsLossPerShare",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/EarningslossPerShareDetails"
     ],
     "xbrltype": "perShareItemType"
    },
    "glbs_BorrowingsDefaultInterestRate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The default interest per annum above the regular interest charged, in case of failure to repay.",
        "label": "Borrowings Default Interest Rate"
       }
      }
     },
     "localname": "BorrowingsDefaultInterestRate",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_BorrowingsFrequencyOfPeriodicPayment": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of the frequency of periodic payments (monthly, quarterly, annual).",
        "label": "Borrowings Frequency Of Periodic Payment"
       }
      }
     },
     "localname": "BorrowingsFrequencyOfPeriodicPayment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_BorrowingsGross": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.",
        "label": "Loan Balance",
        "verboseLabel": "Long -term borrowings"
       }
      }
     },
     "localname": "BorrowingsGross",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_BorrowingsPeriodicPayment": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount of the required periodic payments including both interest and principal payments.",
        "label": "Periodic payment"
       }
      }
     },
     "localname": "BorrowingsPeriodicPayment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount of payment greater than the preceding installment payments to be paid at final maturity date of debt.",
        "label": "Borrowings Periodic Payment Terms Balloon Payment To Be Paid"
       }
      }
     },
     "localname": "BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_BunkerInventoryCurrent": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Carrying amount as of the balance sheet date of bunkers' inventory.",
        "label": "Bunkers"
       }
      }
     },
     "localname": "BunkerInventoryCurrent",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/InventoriesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_CalypsoShipholdingSAMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Calypso Shipholding S.A. [member]"
       }
      }
     },
     "localname": "CalypsoShipholdingSAMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_CarryingAmountIMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Carrying Amount [member]"
       }
      }
     },
     "localname": "CarryingAmountIMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_CashAndCashEquivalentsFairValueDisclosure": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Cash And Cash Equivalents Fair Value Disclosure"
       }
      }
     },
     "localname": "CashAndCashEquivalentsFairValueDisclosure",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_ChairmanOfTheBoardOfDirectorsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Chairman of the Board of Directors [member]"
       }
      }
     },
     "localname": "ChairmanOfTheBoardOfDirectorsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_CiTLoanFacilityMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "CIT Loan Facility [member]"
       }
      }
     },
     "localname": "CiTLoanFacilityMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_CiTMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "CiT Loan Facility [member]"
       }
      }
     },
     "localname": "CiTMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ClassAWarrantsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class A Warrants [member]"
       }
      }
     },
     "localname": "ClassAWarrantsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ClassBCommonSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class B Common Shares [member]"
       }
      }
     },
     "localname": "ClassBCommonSharesMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ClassBPreferredSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class B Preferred Shares [member]"
       }
      }
     },
     "localname": "ClassBPreferredSharesMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_CommonSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Common Shares [member]"
       }
      }
     },
     "localname": "CommonSharesMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ConsultingFeesExpense": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": 3.0,
       "parentTag": "ifrs-full_AdministrativeExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of fees paid or payable for consulting fees.",
        "label": "Consulting Fees Expense",
        "verboseLabel": "Consulting fees"
       }
      }
     },
     "localname": "ConsultingFeesExpense",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_ConvertibleNoteMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Convertible Note [member]"
       }
      }
     },
     "localname": "ConvertibleNoteMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_CreditAdjustmentOfFinanceCost": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount of credit adjustment,classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest and finance costs.",
        "label": "Credit adjustment of finance cost"
       }
      }
     },
     "localname": "CreditAdjustmentOfFinanceCost",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_CreditFacilityCollateraDescription": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The collateral description of the credit facility.",
        "label": "Credit facility collateral description"
       }
      }
     },
     "localname": "CreditFacilityCollateraDescription",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_CurrentInsuranceDeductibles": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of current insurance deductibles payable.",
        "label": "Insurance deductibles"
       }
      }
     },
     "localname": "CurrentInsuranceDeductibles",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The current portion of debt discount, after accumulated amortization.",
        "label": "Unamortized Debt Discount- Current Portion"
       }
      }
     },
     "localname": "CurrentPortionOfDebtInstrumentUnamortisedDiscount",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_CurrentPortionOfLongTermBorrowingsGross": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The current portion of  long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.",
        "label": "Loan Balance - Current Portion"
       }
      }
     },
     "localname": "CurrentPortionOfLongTermBorrowingsGross",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_CyberonicaSAMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cyberonica S.A. [member]"
       }
      }
     },
     "localname": "CyberonicaSAMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DailyRateMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Daily rate [member]"
       }
      }
     },
     "localname": "DailyRateMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DaxosMaritimeLimitedMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Daxos Maritime Limited [member]"
       }
      }
     },
     "localname": "DaxosMaritimeLimitedMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DebtInstrumentConversionPriceDescription": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The conversion price description of the debt instrument.",
        "label": "Debt instrument conversion price description"
       }
      }
     },
     "localname": "DebtInstrumentConversionPriceDescription",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_DebtInstrumentConvertibleConversionMultiplier": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The multiplier used in order to calculate the price per share of the conversion feature embedded in the debt instrument.",
        "label": "Debt Instrument Convertible Conversion Multiplier"
       }
      }
     },
     "localname": "DebtInstrumentConvertibleConversionMultiplier",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_DebtInstrumentConvertibleConversionPrice": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The price per share of the conversion feature embedded in the debt instrument.",
        "label": "Debt Instrument Convertible Conversion Price"
       }
      }
     },
     "localname": "DebtInstrumentConvertibleConversionPrice",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "perShareItemType"
    },
    "glbs_DebtInstrumentInterestRateStatedPercentage": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Contractual interest rate for funds borrowed, under the debt agreement.",
        "label": "Debt Instrument, Interest Rate, Stated Percentage"
       }
      }
     },
     "localname": "DebtInstrumentInterestRateStatedPercentage",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_DebtInstrumentNumberOfRepaymentInstallments": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Number of repayment installments of a debt instrument.",
        "label": "Number of repayment installments"
       }
      }
     },
     "localname": "DebtInstrumentNumberOfRepaymentInstallments",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_DebtInstrumentPrepaymentAmount": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 3.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount of debt prepaid during the reporting period.",
        "label": "Debt Instrument Prepayment Amount",
        "negatedLabel": "Prepayment of long-term debt"
       }
      }
     },
     "localname": "DebtInstrumentPrepaymentAmount",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_DebtInstrumentUnamortisedDiscount": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amount, after accumulated amortization, of debt discount.",
        "label": "Unamortized Debt Discount"
       }
      }
     },
     "localname": "DebtInstrumentUnamortisedDiscount",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_DebtSecuritiesCovenants": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The descripriton of debt instruments' covenants.",
        "label": "Debt Instrument Covenant Description"
       }
      }
     },
     "localname": "DebtSecuritiesCovenants",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DecemberWarrantsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "December Warrants [member]"
       }
      }
     },
     "localname": "DecemberWarrantsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DecreaseInExchangeRates": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Decrease in market exchange rates expressed as a percentage.",
        "label": "Decrease in Euro exchange rate"
       }
      }
     },
     "localname": "DecreaseInExchangeRates",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_DecreaseInInterestRates": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Decrease in market interest rates expressed in basis points. One basis point is equivalent to one hundredth of a percent.",
        "label": "Decrease in Libor"
       }
      }
     },
     "localname": "DecreaseInInterestRates",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails"
     ],
     "xbrltype": "integerItemType"
    },
    "glbs_DeferredDryDockingCostsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Deferred Dry-docking costs [member]"
       }
      }
     },
     "localname": "DeferredDryDockingCostsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DepreciationOfDryDockingCosts": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 5.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of depreciation of dry-docking costs.",
        "label": "Depreciation Of Dry Docking Costs",
        "negatedLabel": "Depreciation of dry-docking costs"
       }
      }
     },
     "localname": "DepreciationOfDryDockingCosts",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_DepreciationOfficeFurnitureAndEquipment": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of depreciation of office furniture and equipment.",
        "label": "Depreciation on office furniture and equipment"
       }
      }
     },
     "localname": "DepreciationOfficeFurnitureAndEquipment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_DescriptionOfAccountingPolicyForInterestRateSwapExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Interest Rate Swap:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForInterestRateSwapExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DescriptionOfAccountingPolicyForLesseeExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The description of the entity's accounting policy for leases acting as lessee.",
        "label": "Leases:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForLesseeExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Management &amp; consulting fee income:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The description of the entity's accounting policy for restricted cash.",
        "label": "Restricted Cash:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForRestrictedCashExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The description of the accounting policy used to determine the characteristics of current and noncurrent elements as in the statement of financial position.",
        "label": "Current versus non-current classification:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DescriptionOfBorrowingsScope": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of the terms of a credit facility arrangement.",
        "label": "Description of borrowings"
       }
      }
     },
     "localname": "DescriptionOfBorrowingsScope",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited [member]"
       }
      }
     },
     "localname": "DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DevoceanMaritimeLtdMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Devocean Maritime Ltd. [member]"
       }
      }
     },
     "localname": "DevoceanMaritimeLtdMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DirectorsCompensationSharebasedPayment": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 8.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      },
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails": {
       "order": 2.0,
       "parentTag": "ifrs-full_KeyManagementPersonnelCompensation",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of compensation to directors in the form of share-based payments.",
        "label": "Share-based payments (Note 12)",
        "negatedLabel": "Share-based payments"
       }
      }
     },
     "localname": "DirectorsCompensationSharebasedPayment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for the amounts of accrued liabilities and other payables in the consolidated statement of financial position.",
        "label": "Disclosure Of Accrued Expenses And Other Liabilities Consolidated Statement Of Financial Position Explanatory",
        "verboseLabel": "Accrued liabilities and other payables"
       }
      }
     },
     "localname": "DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfAdministrativeExpenses": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of administrative expenses.",
        "label": "Disclosure Of Administrative Expenses",
        "verboseLabel": "Administrative Expenses"
       }
      }
     },
     "localname": "DisclosureOfAdministrativeExpenses",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for the amounts of long-term debt in the consolidated statement of financial position.",
        "label": "Long-Term Debt, net - Consolidated statement of financial position"
       }
      }
     },
     "localname": "DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfCashAndBankBalancesExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for cash on hand and at banks.",
        "label": "Disclosure Of Cash And Bank Balances At Central Banks Explanatory",
        "verboseLabel": "Cash and cash equivalents and Restricted cash"
       }
      }
     },
     "localname": "DisclosureOfCashAndBankBalancesExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfCommonSharesExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of common shares.",
        "label": "Share Capital and Share Premium - Common Shares issued and fully paid"
       }
      }
     },
     "localname": "DisclosureOfCommonSharesExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfCompensationOfExecutiveDirector": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The entire disclosure for compensation of executive director.",
        "label": "Transactions with Related Parties - Compensation to the Company's Executive Director"
       }
      }
     },
     "localname": "DisclosureOfCompensationOfExecutiveDirector",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfCompensationOfNonExecutiveDirectors": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The entire disclosure for compensation of non-executive directors.",
        "label": "Transactions with Related Parties - Compensation to the Company's Non-Executive Directors"
       }
      }
     },
     "localname": "DisclosureOfCompensationOfNonExecutiveDirectors",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfConcentrationOfCreditRiskExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of concentration of credit risk.",
        "label": "Financial risk management objectives and policies - Concentration of credit risk table"
       }
      }
     },
     "localname": "DisclosureOfConcentrationOfCreditRiskExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfEarningsPerShareTableExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for earnings per share.",
        "label": "Disclosure Of Earnings Per Share Table Explanatory",
        "verboseLabel": "Earnings/(Loss) per Share"
       }
      }
     },
     "localname": "DisclosureOfEarningsPerShareTableExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/EarningslossPerShareTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfFairValuesExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of fair values.",
        "label": "Fair values measurement"
       }
      }
     },
     "localname": "DisclosureOfFairValuesExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Commitments"
       }
      }
     },
     "localname": "DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract",
     "nsuri": "http://globusmaritime.gr/20211231",
     "xbrltype": "stringItemType"
    },
    "glbs_DisclosureOfForeignCurrencyRiskExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of foreign currency risk.",
        "label": "Financial risk management objectives and policies - Foreign currency risk"
       }
      }
     },
     "localname": "DisclosureOfForeignCurrencyRiskExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of future minimum lease revenues receivable under non-cancellable operating leases.",
        "label": "Commitments - Future minimum lease revenues receivable under non-cancellable operating leases"
       }
      }
     },
     "localname": "DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of interest expense and finance costs.",
        "label": "Disclosure Of Interest Expense And Finance Costs Explanatory",
        "verboseLabel": "Interest Expense and Finance Costs"
       }
      }
     },
     "localname": "DisclosureOfInterestExpenseAndFinanceCostsExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfInterestRateRiskExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of interest rate risk.",
        "label": "Financial risk management objectives and policies - Interest rate risk"
       }
      }
     },
     "localname": "DisclosureOfInterestRateRiskExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for the amounts of inventories in the consolidated statement of financial position.",
        "label": "Disclosure Of Inventories Consolidated Statement Of Financial Position Explanatory",
        "verboseLabel": "Inventories"
       }
      }
     },
     "localname": "DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/InventoriesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of annual loan principal payments.",
        "label": "Long-Term Debt, net - Annual loan principal payments"
       }
      }
     },
     "localname": "DisclosureOfLongTermDebtAnnualPrincipalPayments",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for the amounts of property, plant and equipment in the consolidated statement of comprehensive income / (loss).",
        "label": "Vessels, net - Consolidated Statement of Comprehensive Income/ (loss)"
       }
      }
     },
     "localname": "DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for the amounts of property, plant and equipment in the consolidated statement of financial position.",
        "label": "Vessels, net - Consolidated Statement of Financial Position"
       }
      }
     },
     "localname": "DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfShareBasedPayment": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure of share based payment.",
        "label": "Disclosure Of Share Based Payment",
        "verboseLabel": "Share Based Payment"
       }
      }
     },
     "localname": "DisclosureOfShareBasedPayment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Tabular disclosure of valuation techniques and significant unobservable inputs.",
        "label": "Valuation techniques and significant unobservable inputs"
       }
      }
     },
     "localname": "DisclosureOfValuationTechniquesAndSignificantUnobservableInputs",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfVesselOperatingExpenses": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for vessel operating expenses.",
        "label": "Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses"
       }
      }
     },
     "localname": "DisclosureOfVesselOperatingExpenses",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DisclosureOfVoyageExpenses": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The disclosure for voayage expenses expenses.",
        "label": "Voyage Expenses and Vessel Operating Expenses - Voyage expenses"
       }
      }
     },
     "localname": "DisclosureOfVoyageExpenses",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpensesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "glbs_DominaMaritimeLtdMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Domina Maritime Ltd. [member]"
       }
      }
     },
     "localname": "DominaMaritimeLtdMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DryBulkCarriersMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Six dry bulk carriers [member]"
       }
      }
     },
     "localname": "DryBulkCarriersMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DryDockingCostCapitalised": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of dry-docking cost capitalised on the asset.",
        "label": "Dry-docking cost capitalised"
       }
      }
     },
     "localname": "DryDockingCostCapitalised",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_DryDockingMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dry docking [member]"
       }
      }
     },
     "localname": "DryDockingMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_DulacMaritimeSAMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dulac Maritime S.A. [member]"
       }
      }
     },
     "localname": "DulacMaritimeSAMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_EnTrustMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "EnTrust loan facility [member]"
       }
      }
     },
     "localname": "EnTrustMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_EolosShipmanagementMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Eolos Shipmanagement S.A [member]"
       }
      }
     },
     "localname": "EolosShipmanagementMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ExecutiveDirectorMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Executive Director [member]"
       }
      }
     },
     "localname": "ExecutiveDirectorMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ExtraDepreciationPropertyPlantAndEquipment": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The extra depreciation expense recognised during the period, due to changes in scrap rates.",
        "label": "Extra Depreciation Property Plant And Equipment",
        "negatedLabel": "Decrease in depreciation expense due to changes in scrap rate"
       }
      }
     },
     "localname": "ExtraDepreciationPropertyPlantAndEquipment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_February2021WarrantsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "February 2021 Warrants [member]"
       }
      }
     },
     "localname": "February2021WarrantsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_FinancialAssetsAtFairValueIMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Financial assets measured at fair value [member]"
       }
      }
     },
     "localname": "FinancialAssetsAtFairValueIMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_FinancialLiabilitiesAtFairValueIIMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Financial liabilities measured at fair value [member]"
       }
      }
     },
     "localname": "FinancialLiabilitiesAtFairValueIIMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_FirmentShippingIncMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Firment Shipping Inc. [member]"
       }
      }
     },
     "localname": "FirmentShippingIncMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_FortyFiveDayOptionMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "45-day option [member]"
       }
      }
     },
     "localname": "FortyFiveDayOptionMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_GalaxyGlobeMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Galaxy Globe [member]"
       }
      }
     },
     "localname": "GalaxyGlobeMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_GasCylindersInventoryCurrent": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Carrying amount as of the balance sheet date of gas cylinder's inventory.",
        "label": "Gas cylinders"
       }
      }
     },
     "localname": "GasCylindersInventoryCurrent",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/InventoriesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_GlobusShipmanagementCorpMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Globus Shipmanagement Corp. [member]"
       }
      }
     },
     "localname": "GlobusShipmanagementCorpMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_IfrsStatementLineItems": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "IfrsStatementLineItems [Line Items]"
       }
      }
     },
     "localname": "IfrsStatementLineItems",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The increase (decrease) in the number of ordinary shares issued through the issue of equity instruments.",
        "label": "Issuance of new common stocks"
       }
      }
     },
     "localname": "IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The increase (decrease) in the number of ordinary shares resulting from the conversion of convertible instruments.",
        "label": "Issuance of common stock due to conversion of loan"
       }
      }
     },
     "localname": "IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The increase (decrease) in the number of ordinary shares resulting from the exercise of pre-funded warrants",
        "label": "Issuance of common stock due to exercise of pre-funded warrants"
       }
      }
     },
     "localname": "IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The increase (decrease) in the number of ordinary shares resulting from the exercise of warrants.",
        "label": "Issuance of common stock due to exercise of warrants",
        "verboseLabel": "Increase Decrease In Number Of Ordinary Shares Issued Through Exercise Of Warrants Equity"
       }
      }
     },
     "localname": "IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "sharesItemType"
    },
    "glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The increase (decrease) in the number of ordinary shares issued resulting from share-based payment transactions.",
        "label": "Issued during the year for share-based compensation (note 12)"
       }
      }
     },
     "localname": "IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "glbs_IncreaseInExchangeRates": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Increase in market exchange rates expressed as a percentage.",
        "label": "Increase in Euro exchange rate"
       }
      }
     },
     "localname": "IncreaseInExchangeRates",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_IncreaseInInterestRates": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Increase in market interest rates expressed in basis points. One basis point is equivalent to one hundredth of a percent.",
        "label": "Increase in Libor"
       }
      }
     },
     "localname": "IncreaseInInterestRates",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails"
     ],
     "xbrltype": "integerItemType"
    },
    "glbs_InstitutionalInvestorsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Institutional investors [member]"
       }
      }
     },
     "localname": "InstitutionalInvestorsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_IntervalBetweenVesselDrydockingSpecialSurvey": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Refers to the period of review of drydocking and special survey costs in order to be amortized or deferred.",
        "label": "Interval Between Vessel Drydocking Special Survey"
       }
      }
     },
     "localname": "IntervalBetweenVesselDrydockingSpecialSurvey",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "durationItemType"
    },
    "glbs_IssueOfPreferredShares": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The increase in equity through the issue of preferred shares.",
        "label": "Issuance of Class B preferred shares (Note 4)",
        "verboseLabel": "Issue of preferred shares"
       }
      }
     },
     "localname": "IssueOfPreferredShares",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_January2021WarrantsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "January 2021 Warrants [member]"
       }
      }
     },
     "localname": "January2021WarrantsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_June2021WarrantsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "June 2021 Warrants [member]"
       }
      }
     },
     "localname": "June2021WarrantsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Later than two years and not later than three years [member] [Default Label]",
        "verboseLabel": "Later than two years and not later than three years [member]"
       }
      }
     },
     "localname": "LaterThanTwoYearAndNotLaterThanThreeYearsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_LeaseAndNonleaseComponents": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amout of lease and non lease components that is calculated as the difference between total revenue and the non-lease component revenue.",
        "label": "Lease components"
       }
      }
     },
     "localname": "LeaseAndNonleaseComponents",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_LeaseExpirationDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Date which lease or group of leases is set to expire, in YYYY-MM format.",
        "label": "Lease expiration date"
       }
      }
     },
     "localname": "LeaseExpirationDate",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "dateItemType"
    },
    "glbs_LessThanThreeMonthsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Less than 3 months [member]"
       }
      }
     },
     "localname": "LessThanThreeMonthsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_LevelIIMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Level 2 [member]"
       }
      }
     },
     "localname": "LevelIIMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_LineOfCreditFacilityDrawndownAmountsMultiples": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The multiples of amounts that the company has the right to drawdown under the relevant credit facility.",
        "label": "Line Of Credit Facility Drawndown Amounts Multiples"
       }
      }
     },
     "localname": "LineOfCreditFacilityDrawndownAmountsMultiples",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Line of Credit Facility, Frequency of Payment and Payment Terms"
       }
      }
     },
     "localname": "LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_LineOfCreditFacilityMaximumBorrowingCapacity": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Line Of Credit Facility Maximum Borrowing Capacity"
       }
      }
     },
     "localname": "LineOfCreditFacilityMaximumBorrowingCapacity",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_LongTermBorrowingsGross": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The non-current portion of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.",
        "label": "Loan Balance - Long-Term Portion"
       }
      }
     },
     "localname": "LongTermBorrowingsGross",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_LongTermDebtInstrumentUnamortisedDiscount": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The non-current portion of debt discount, after accumulated amortization.",
        "label": "Unamortized Debt Discount - Long-Term Portion"
       }
      }
     },
     "localname": "LongTermDebtInstrumentUnamortisedDiscount",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_LongevityMaritimeLimitedMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Longevity Maritime Limited [member]"
       }
      }
     },
     "localname": "LongevityMaritimeLimitedMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_LossEarningsPerShareAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Earnings/(Loss) per share (U.S.$):"
       }
      }
     },
     "localname": "LossEarningsPerShareAbstract",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_LubricantsInventoryCurrent": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Carrying amount as of the balance sheet date of lubricants' inventory.",
        "label": "Lubricants"
       }
      }
     },
     "localname": "LubricantsInventoryCurrent",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/InventoriesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_MVMoonGlobeMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "m/v Moon Globe [member]"
       }
      }
     },
     "localname": "MVMoonGlobeMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MVRiverGlobeMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "m/v River Globe [member]"
       }
      }
     },
     "localname": "MVRiverGlobeMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MVSkyGlobeMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "m/v Sky Globe [member]"
       }
      }
     },
     "localname": "MVSkyGlobeMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MVStarGlobeMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "m/v Star Globe [member]"
       }
      }
     },
     "localname": "MVStarGlobeMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MVSunGlobeMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "m/v Sun Globe [member]"
       }
      }
     },
     "localname": "MVSunGlobeMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MajorChartererBMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "B [Member]"
       }
      }
     },
     "localname": "MajorChartererBMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MajorChartererCMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "C [Member]"
       }
      }
     },
     "localname": "MajorChartererCMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MajorChartererMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "A [Member]"
       }
      }
     },
     "localname": "MajorChartererMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MaximGroupLLCMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Maxim Group LLC [member]"
       }
      }
     },
     "localname": "MaximGroupLLCMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_MonthlyRentalExpense": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of monthly expense recognised on rental activities.",
        "label": "Monthly Rental Expense"
       }
      }
     },
     "localname": "MonthlyRentalExpense",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_MoreThanFiveYearsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "More than 5 years [member]"
       }
      }
     },
     "localname": "MoreThanFiveYearsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_NonExecutiveDirectorsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Non-Executive Directors [member]"
       }
      }
     },
     "localname": "NonExecutiveDirectorsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_NoncurrentLiabilitiesIAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "NON-CURRENT LIABILITIES"
       }
      }
     },
     "localname": "NoncurrentLiabilitiesIAbstract",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_NordVenusMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Nord Venus [member]"
       }
      }
     },
     "localname": "NordVenusMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_NotMeasuredAtFairValueFinancialLiabilitiesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Financial liabilities not measured at fair value [member]"
       }
      }
     },
     "localname": "NotMeasuredAtFairValueFinancialLiabilitiesMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_NumberOfCommonSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Number of common shares [member]"
       }
      }
     },
     "localname": "NumberOfCommonSharesMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_NumberOfLoanTranches": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Number of loan tranches.",
        "label": "Number of loan tranches"
       }
      }
     },
     "localname": "NumberOfLoanTranches",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "integerItemType"
    },
    "glbs_NumberOfOperatingSegments": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Number Of Operating Segments"
       }
      }
     },
     "localname": "NumberOfOperatingSegments",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "integerItemType"
    },
    "glbs_NumberOfSharesCalledByWarrants": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Number of shares into which the warrants may be converted.",
        "label": "Number Of Shares Called By Warrants"
       }
      }
     },
     "localname": "NumberOfSharesCalledByWarrants",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "sharesItemType"
    },
    "glbs_NumberOfWarrantsOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The number of outstanding warrants that permit the holder the right to purchase equity securities from the issuer at a specified price.",
        "label": "Number Of Warrants Outstanding"
       }
      }
     },
     "localname": "NumberOfWarrantsOutstanding",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "sharesItemType"
    },
    "glbs_Office350SquareMetersMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "For 350 Square meters [member]"
       }
      }
     },
     "localname": "Office350SquareMetersMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_Office552SquareMetersMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "For extra 552 Square meters [member]"
       }
      }
     },
     "localname": "Office552SquareMetersMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_OlympiaShipholdingSAMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Olympia Shipholding S.A. [member]"
       }
      }
     },
     "localname": "OlympiaShipholdingSAMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_OneTimeCashBonusPayment": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The payment of cash bonus pursuant to consultancy agreement.",
        "label": "One time cash bonus payment"
       }
      }
     },
     "localname": "OneTimeCashBonusPayment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_OneToFiveYearsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "1 to 5 years [member]"
       }
      }
     },
     "localname": "OneToFiveYearsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_OperatingCosts": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 3.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      },
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of all operating expenses.",
        "label": "Operating expense",
        "negatedLabel": "Vessel operating expenses",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "OperatingCosts",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss",
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_OtherAccruals": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of accruals payable classified as other.",
        "label": "Other accruals"
       }
      }
     },
     "localname": "OtherAccruals",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_OtherMajorCharterersMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other [Member]"
       }
      }
     },
     "localname": "OtherMajorCharterersMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_OtherVoyageExpense": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails": {
       "order": 3.0,
       "parentTag": "ifrs-full_ServicesExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of voyage expense classified as other.",
        "label": "Other voyage expenses"
       }
      }
     },
     "localname": "OtherVoyageExpense",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_PPWarrantsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "PP Warrants [member]"
       }
      }
     },
     "localname": "PPWarrantsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_PanamaxMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Panamax [member]"
       }
      }
     },
     "localname": "PanamaxMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ParalusShipholdingSAMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Paralus Shipholding S.A. [member]"
       }
      }
     },
     "localname": "ParalusShipholdingSAMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_PaymentsOfDeferredDryDockingCosts": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The cash outflow for deferred dry-docking costs.",
        "label": "Payments Of Deferred Dry Docking Costs",
        "negatedLabel": "Payment of deferred dry-docking costs"
       }
      }
     },
     "localname": "PaymentsOfDeferredDryDockingCosts",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The cash outflow combination for payment of lease liabilities and interest paid classified as financing activities.",
        "label": "Payment of lease liability - principal and Interest Paid"
       }
      }
     },
     "localname": "PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_PeakLibertyMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Peak Liberty [member]"
       }
      }
     },
     "localname": "PeakLibertyMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_PercentageOfCoverageOfBorrowingCapacity": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The percentage of coverage of borrowing capacity.",
        "label": "Percentage of coverage of borrowing capacity"
       }
      }
     },
     "localname": "PercentageOfCoverageOfBorrowingCapacity",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_PercentageOfUpfrontFeeInLoanAgreement": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Payable upfront fee percentage of the total commitment of the loan.",
        "label": "Percentage of upfront fee in loan agreement"
       }
      }
     },
     "localname": "PercentageOfUpfrontFeeInLoanAgreement",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_PersonnelExpense": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": 1.0,
       "parentTag": "ifrs-full_AdministrativeExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of compensation to administrative personnel.",
        "label": "Personnel expenses"
       }
      }
     },
     "localname": "PersonnelExpense",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_PreFundedWarrantsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-funded warrants [member]"
       }
      }
     },
     "localname": "PreFundedWarrantsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_PreferredSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Preferred shares [member]"
       }
      }
     },
     "localname": "PreferredSharesMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_PrepaymentOnOrBeforeMay2022Member": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Prepayment occurs on or before May 10, 2022 [member]"
       }
      }
     },
     "localname": "PrepaymentOnOrBeforeMay2022Member",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_PrepaymentOnOrBeforeMay2023ButAfterMay2022Member": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Prepayment occurs on or before May 10, 2023 but after May 10, 2022 [member]"
       }
      }
     },
     "localname": "PrepaymentOnOrBeforeMay2023ButAfterMay2022Member",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ProceedsFromWarrantExercises": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 5.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The cash inflow associated with the amount received from holders exercising their stock warrants.",
        "label": "Proceeds from exercise of Warrants",
        "verboseLabel": "Proceeds From Warrant Exercises"
       }
      }
     },
     "localname": "ProceedsFromWarrantExercises",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_ProportionOfOwnershipInterestsHeldByControllingParty": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The proportion of ownership interests held by the controlling party.",
        "label": "Proportion Of Ownership Interests Held By Controlling Party"
       }
      }
     },
     "localname": "ProportionOfOwnershipInterestsHeldByControllingParty",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_PurchasePriceOfOutstandingWarrants": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The purchase price of outstanding warrants.",
        "label": "Purchase price of outstanding warrants"
       }
      }
     },
     "localname": "PurchasePriceOfOutstandingWarrants",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "perShareItemType"
    },
    "glbs_RemainingOfOneTimeCashBonusPayment": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Remaining payment of cash bonus pursuant to consultancy agreement.",
        "label": "Remaining of one time cash bonus payment"
       }
      }
     },
     "localname": "RemainingOfOneTimeCashBonusPayment",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The fair value of cash and cash equivalent items which are restricted as to withdrawal or usage.",
        "label": "Restricted Cash And Cash Equivalents Fair Value Disclosure"
       }
      }
     },
     "localname": "RestrictedCashAndCashEquivalentsFairValueDisclosure",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_SWAPAgreementMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "SWAP Agreement [member]"
       }
      }
     },
     "localname": "SWAPAgreementMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_SalaminiaMaritimeLimitedMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Salaminia Maritime Limited [member]"
       }
      }
     },
     "localname": "SalaminiaMaritimeLimitedMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit": {
     "auth_ref": [],
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Effect on loss (Increase in Libor)",
        "verboseLabel": "Effect on loss (Increase in Euro exchange rate)"
       }
      }
     },
     "localname": "SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Effect on loss (Decrease in Libor)",
        "verboseLabel": "Effect on loss (Decrease in Euro exchange rate)"
       }
      }
     },
     "localname": "SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-InterestRateRiskDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_SerenaMaritimeLimitedMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Serena Maritime Limited [member]"
       }
      }
     },
     "localname": "SerenaMaritimeLimitedMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_StationeryExpense": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": 5.0,
       "parentTag": "ifrs-full_AdministrativeExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of expense for writing and other office materials.",
        "label": "Stationery"
       }
      }
     },
     "localname": "StationeryExpense",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_StoresExpense": {
     "auth_ref": [],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails": {
       "order": 5.0,
       "parentTag": "glbs_OperatingCosts",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The amount of stores expense.",
        "label": "Stores"
       }
      }
     },
     "localname": "StoresExpense",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_SupramaxMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Supramax [member]"
       }
      }
     },
     "localname": "SupramaxMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_TalismanMaritimeLimitedMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Talisman Maritime Limited [member]"
       }
      }
     },
     "localname": "TalismanMaritimeLimitedMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ThreeToTwelveMonthsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "3 to 12 months [member]"
       }
      }
     },
     "localname": "ThreeToTwelveMonthsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_TimePeriodConsidered": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The period of time charter rates used to create an average to calculate cash flows for impairment purposes.",
        "label": "Time Period Considered"
       }
      }
     },
     "localname": "TimePeriodConsidered",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_TotalMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total [member]"
       }
      }
     },
     "localname": "TotalMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_ValueOfSharesAuthorised": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The nominal value of shares authorised.",
        "label": "Value Of Shares Authorised"
       }
      }
     },
     "localname": "ValueOfSharesAuthorised",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_VesselCapacity": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The vessel's capacity in deadweight tonnage (\"dwt\").",
        "label": "Vessel Capacity"
       }
      }
     },
     "localname": "VesselCapacity",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "integerItemType"
    },
    "glbs_VesselDeliveryDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The date of the vessel delivery to the Company.",
        "label": "Vessel Delivery Date"
       }
      }
     },
     "localname": "VesselDeliveryDate",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "dateItemType"
    },
    "glbs_VesselType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of vessel.",
        "label": "Vessel type"
       }
      }
     },
     "localname": "VesselType",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_VesselYearBuilt": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The year that the vessel was built.",
        "label": "Vessel year built"
       }
      }
     },
     "localname": "VesselYearBuilt",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_VesselsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Vessels [member]"
       }
      }
     },
     "localname": "VesselsMember",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "glbs_VesselsScrapRatePerTon": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The estimated vessels' scrap rate per ton.",
        "label": "Vessels scrap rate per ton"
       }
      }
     },
     "localname": "VesselsScrapRatePerTon",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "glbs_VotingRights": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of voting rights of common stock. Includes eligibility to vote and votes per share owned.",
        "label": "Voting Rights"
       }
      }
     },
     "localname": "VotingRights",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "glbs_WeightedAverageCostOfCapital": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "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.",
        "label": "Weighted Average Cost Of Capital"
       }
      }
     },
     "localname": "WeightedAverageCostOfCapital",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "glbs_Yangze11Member": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Yangze 11 [member]"
       }
      }
     },
     "localname": "Yangze11Member",
     "nsuri": "http://globusmaritime.gr/20211231",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember": {
     "auth_ref": [
      "r55",
      "r62",
      "r98",
      "r103",
      "r106"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for accumulated depreciation, amortisation and impairment. [Refer: Impairment loss; Depreciation and amortisation expense]"
       }
      },
      "en-us": {
       "role": {
        "label": "Accumulated depreciation, amortisation and impairment [member]"
       }
      }
     },
     "localname": "AccumulatedDepreciationAmortisationAndImpairmentMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment": {
     "auth_ref": [
      "r56"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]"
       }
      },
      "en-us": {
       "role": {
        "label": "Additions/ (Dry Docking Component)",
        "verboseLabel": "Additions other than through business combinations, property, plant and equipment"
       }
      }
     },
     "localname": "AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForDecreaseIncreaseInInventories": {
     "auth_ref": [
      "r115"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for decrease (increase) in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Inventories; Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for decrease (increase) in inventories",
        "verboseLabel": "Inventories"
       }
      }
     },
     "localname": "AdjustmentsForDecreaseIncreaseInInventories",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets": {
     "auth_ref": [
      "r118"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for decrease (increase) in other assets",
        "verboseLabel": "Prepayments and other assets"
       }
      }
     },
     "localname": "AdjustmentsForDecreaseIncreaseInOtherAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable": {
     "auth_ref": [
      "r115"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for decrease (increase) in trade accounts receivable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for decrease (increase) in trade accounts receivable",
        "verboseLabel": "Trade accounts receivable"
       }
      }
     },
     "localname": "AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForDepreciationExpense": {
     "auth_ref": [
      "r118"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for depreciation expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Depreciation"
       }
      }
     },
     "localname": "AdjustmentsForDepreciationExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForFinanceCosts": {
     "auth_ref": [
      "r117"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for finance costs to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Finance costs; Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Interest expense and finance costs"
       }
      }
     },
     "localname": "AdjustmentsForFinanceCosts",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives": {
     "auth_ref": [
      "r118"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for gains (losses) on change in fair value of derivatives",
        "negatedLabel": "(Gain)/Loss on derivative financial instruments"
       }
      }
     },
     "localname": "AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss": {
     "auth_ref": [
      "r116"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Impairment loss"
       }
      }
     },
     "localname": "AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities": {
     "auth_ref": [
      "r115"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for increase (decrease) in deferred income including contract liabilities",
        "verboseLabel": "Deferred revenue"
       }
      }
     },
     "localname": "AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable": {
     "auth_ref": [
      "r115"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for increase (decrease) in trade accounts payable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for increase (decrease) in trade accounts payable",
        "verboseLabel": "Trade accounts payable"
       }
      }
     },
     "localname": "AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForInterestIncome": {
     "auth_ref": [
      "r118"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for interest income expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Interest income; Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for interest income",
        "negatedLabel": "Interest income"
       }
      }
     },
     "localname": "AdjustmentsForInterestIncome",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForProvisions": {
     "auth_ref": [
      "r116"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for provisions to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Provisions; Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Adjustments for provisions",
        "verboseLabel": "Provision for staff retirement indemnities"
       }
      }
     },
     "localname": "AdjustmentsForProvisions",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForReconcileProfitLossAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Adjustments for:"
       }
      }
     },
     "localname": "AdjustmentsForReconcileProfitLossAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_AdjustmentsForSharebasedPayments": {
     "auth_ref": [
      "r116"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for share-based payments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Share based payment"
       }
      }
     },
     "localname": "AdjustmentsForSharebasedPayments",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains": {
     "auth_ref": [
      "r116",
      "r124"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "Adjustments for unrealised foreign exchange losses (gains) to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Foreign exchange gains, net"
       }
      }
     },
     "localname": "AdjustmentsForUnrealisedForeignExchangeLossesGains",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AdministrativeExpense": {
     "auth_ref": [
      "r2",
      "r47",
      "r79"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      },
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 6.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expenses that the entity classifies as being administrative."
       }
      },
      "en-us": {
       "role": {
        "label": "Administrative expenses",
        "negatedLabel": "Administrative expenses",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "AdministrativeExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails",
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AggregatedMeasurementMember": {
     "auth_ref": [
      "r100",
      "r105",
      "r147"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for all types of measurement. It also represents the standard value for the 'Measurement' axis if no other member is used."
       }
      }
     },
     "localname": "AggregatedMeasurementMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_AggregatedTimeBandsMember": {
     "auth_ref": [
      "r24",
      "r67",
      "r155",
      "r161",
      "r162",
      "r172",
      "r186",
      "r188",
      "r206",
      "r207",
      "r209",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for aggregated time bands. It also represents the standard value for the 'Maturity' axis if no other member is used."
       }
      }
     },
     "localname": "AggregatedTimeBandsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_AllLevelsOfFairValueHierarchyMember": {
     "auth_ref": [
      "r66",
      "r148"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for all levels of the fair value hierarchy. It also represents the standard value for the 'Levels of fair value hierarchy' axis if no other member is used."
       }
      }
     },
     "localname": "AllLevelsOfFairValueHierarchyMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_Assets": {
     "auth_ref": [
      "r22",
      "r147",
      "r148",
      "r149",
      "r196",
      "r199"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Assets",
        "totalLabel": "TOTAL ASSETS"
       }
      }
     },
     "localname": "Assets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_AtFairValueMember": {
     "auth_ref": [
      "r100",
      "r105",
      "r147"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for measurement based on fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date."
       }
      },
      "en-us": {
       "role": {
        "label": "At fair value [member]"
       }
      }
     },
     "localname": "AtFairValueMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_AuditorsRemuneration": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": 2.0,
       "parentTag": "ifrs-full_AdministrativeExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of fees paid or payable to the entity's auditors."
       }
      },
      "en-us": {
       "role": {
        "label": "Audit fees"
       }
      }
     },
     "localname": "AuditorsRemuneration",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_BalancesWithBanks": {
     "auth_ref": [
      "r121"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails": {
       "order": 2.0,
       "parentTag": "ifrs-full_CashAndCashEquivalents",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of cash balances held at banks."
       }
      },
      "en-us": {
       "role": {
        "label": "Cash at banks"
       }
      }
     },
     "localname": "BalancesWithBanks",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_BankAndSimilarCharges": {
     "auth_ref": [
      "r10"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of bank and similar charges recognised by the entity as an expense."
       }
      },
      "en-us": {
       "role": {
        "label": "Bank charges"
       }
      }
     },
     "localname": "BankAndSimilarCharges",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_BorrowingCostsCapitalised": {
     "auth_ref": [
      "r73"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of interest and other costs that an entity incurs in connection with the borrowing of funds that are directly attributable to the acquisition, construction or production of a qualifying asset and which form part of the cost of that asset."
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowing costs capitalised"
       }
      }
     },
     "localname": "BorrowingCostsCapitalised",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_Borrowings": {
     "auth_ref": [
      "r22"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of outstanding funds that the entity is obligated to repay."
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowings",
        "verboseLabel": "Total Borrowings"
       }
      }
     },
     "localname": "Borrowings",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_BorrowingsAdjustmentToInterestRateBasis": {
     "auth_ref": [
      "r184"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The adjustment to the basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowings, adjustment to interest rate basis"
       }
      }
     },
     "localname": "BorrowingsAdjustmentToInterestRateBasis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "ifrs-full_BorrowingsByNameAxis": {
     "auth_ref": [
      "r184"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowings by name [axis]"
       }
      }
     },
     "localname": "BorrowingsByNameAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_BorrowingsByNameMember": {
     "auth_ref": [
      "r184"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for all borrowings when disaggregated by name. It also represents the standard value for the 'Borrowings by name' axis if no other member is used. [Refer: Borrowings]"
       }
      }
     },
     "localname": "BorrowingsByNameMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_BorrowingsInterestRate": {
     "auth_ref": [
      "r184"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The interest rate on borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowings, interest rate"
       }
      }
     },
     "localname": "BorrowingsInterestRate",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "ifrs-full_BorrowingsInterestRateBasis": {
     "auth_ref": [
      "r184"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowings, interest rate basis"
       }
      }
     },
     "localname": "BorrowingsInterestRateBasis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_BorrowingsMaturity": {
     "auth_ref": [
      "r184"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The maturity of borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowings, maturity"
       }
      }
     },
     "localname": "BorrowingsMaturity",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_BottomOfRangeMember": {
     "auth_ref": [
      "r151",
      "r152",
      "r154",
      "r165",
      "r184",
      "r209"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the bottom of a range."
       }
      },
      "en-us": {
       "role": {
        "label": "Bottom of range [member]"
       }
      }
     },
     "localname": "BottomOfRangeMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_CapitalRequirementsAxis": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Capital requirements [axis]"
       }
      }
     },
     "localname": "CapitalRequirementsAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CapitalRequirementsMember": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for capital requirements that the entity is subject to. It also represents the standard value for the 'Capital requirements' axis if no other member is used."
       }
      }
     },
     "localname": "CapitalRequirementsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis": {
     "auth_ref": [
      "r55",
      "r59",
      "r98",
      "r99",
      "r102",
      "r103",
      "r104",
      "r105",
      "r106",
      "r167",
      "r176",
      "r177",
      "r221",
      "r223"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]"
       }
      }
     },
     "localname": "CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CarryingAmountMember": {
     "auth_ref": [
      "r59",
      "r99",
      "r102",
      "r104",
      "r105",
      "r167",
      "r176",
      "r177",
      "r221",
      "r222"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the amount at which an asset is recognised in the statement of financial position (after deducting any accumulated depreciation or amortisation and accumulated impairment losses). It also represents the standard value for the 'Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount' axis if no other member is used. [Refer: Depreciation and amortisation expense; Impairment loss]"
       }
      }
     },
     "localname": "CarryingAmountMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_CashAndCashEquivalents": {
     "auth_ref": [
      "r20",
      "r121",
      "r142"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      },
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 5.0,
       "parentTag": "ifrs-full_CurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Cash and cash equivalents",
        "periodEndLabel": "Cash and cash equivalents at the end of the year",
        "periodStartLabel": "Cash and cash equivalents at the beginning of the year",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "CashAndCashEquivalents",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails",
      "http://globusmaritime.gr/role/StatementsOfCashFlows",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CashAndCashEquivalentsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cash and cash equivalents [abstract]"
       }
      }
     },
     "localname": "CashAndCashEquivalentsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CashFlowsFromUsedInFinancingActivities": {
     "auth_ref": [
      "r107",
      "r123"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 3.0,
       "parentTag": "ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Cash flows from (used in) financing activities",
        "totalLabel": "Net cash generated from financing activities"
       }
      }
     },
     "localname": "CashFlowsFromUsedInFinancingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cash flows from financing activities:"
       }
      }
     },
     "localname": "CashFlowsFromUsedInFinancingActivitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings": {
     "auth_ref": [
      "r113"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 7.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash inflow (outflow) due to an increase (decrease) in current borrowings. [Refer: Current borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "(Increase)/decrease in restricted cash"
       }
      }
     },
     "localname": "CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CashFlowsFromUsedInInvestingActivities": {
     "auth_ref": [
      "r107",
      "r123"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 2.0,
       "parentTag": "ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Cash flows from (used in) investing activities",
        "totalLabel": "Net cash used in investing activities"
       }
      }
     },
     "localname": "CashFlowsFromUsedInInvestingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cash flows from investing activities:"
       }
      }
     },
     "localname": "CashFlowsFromUsedInInvestingActivitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CashFlowsFromUsedInOperatingActivities": {
     "auth_ref": [
      "r107",
      "r123"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 1.0,
       "parentTag": "ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
       "weight": 1.0
      }
     },
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Cash flows from (used in) operating activities",
        "totalLabel": "Net cash generated from / (used in) operating activities"
       }
      }
     },
     "localname": "CashFlowsFromUsedInOperatingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Operating activities"
       }
      }
     },
     "localname": "CashFlowsFromUsedInOperatingActivitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities": {
     "auth_ref": [
      "r120"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 1.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInInvestingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The aggregate cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities. [Refer: Subsidiaries [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities",
        "negatedLabel": "Vessels acquisition"
       }
      }
     },
     "localname": "CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CashOnHand": {
     "auth_ref": [
      "r121"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails": {
       "order": 1.0,
       "parentTag": "ifrs-full_CashAndCashEquivalents",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of cash held by the entity. This does not include demand deposits."
       }
      },
      "en-us": {
       "role": {
        "label": "Cash on hand"
       }
      }
     },
     "localname": "CashOnHand",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CategoriesOfFinancialAssetsAxis": {
     "auth_ref": [
      "r185"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Categories of financial assets [axis]"
       }
      }
     },
     "localname": "CategoriesOfFinancialAssetsAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CategoriesOfRelatedPartiesAxis": {
     "auth_ref": [
      "r77"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Categories of related parties [axis]"
       }
      }
     },
     "localname": "CategoriesOfRelatedPartiesAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfAssetsAxis": {
     "auth_ref": [
      "r92",
      "r95",
      "r150",
      "r160"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Classes of assets [axis]"
       }
      }
     },
     "localname": "ClassesOfAssetsAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfAssetsMember": {
     "auth_ref": [
      "r92",
      "r150",
      "r160"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for 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. It also represents the standard value for the 'Classes of assets' axis if no other member is used."
       }
      }
     },
     "localname": "ClassesOfAssetsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_ClassesOfFinancialAssetsAxis": {
     "auth_ref": [
      "r182",
      "r183",
      "r205",
      "r216",
      "r217",
      "r218"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Classes of financial assets [axis]"
       }
      }
     },
     "localname": "ClassesOfFinancialAssetsAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfFinancialLiabilitiesAxis": {
     "auth_ref": [
      "r182",
      "r183",
      "r205",
      "r217"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Classes of financial liabilities [axis]"
       }
      }
     },
     "localname": "ClassesOfFinancialLiabilitiesAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfInventoriesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Classes of current inventories [abstract]"
       }
      }
     },
     "localname": "ClassesOfInventoriesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfOrdinarySharesAxis": {
     "auth_ref": [
      "r87"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Classes of ordinary shares [axis]"
       }
      }
     },
     "localname": "ClassesOfOrdinarySharesAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis": {
     "auth_ref": [
      "r60"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Classes of property, plant and equipment [axis]"
       }
      }
     },
     "localname": "ClassesOfPropertyPlantAndEquipmentAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfShareCapitalAxis": {
     "auth_ref": [
      "r37"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Classes of share capital [axis]"
       }
      }
     },
     "localname": "ClassesOfShareCapitalAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ClassesOfShareCapitalMember": {
     "auth_ref": [
      "r37"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for share capital of the entity. It also represents the standard value for the 'Classes of share capital' axis if no other member is used."
       }
      }
     },
     "localname": "ClassesOfShareCapitalMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_CommunicationExpense": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": 4.0,
       "parentTag": "ifrs-full_AdministrativeExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expense arising from communication."
       }
      },
      "en-us": {
       "role": {
        "label": "Communication"
       }
      }
     },
     "localname": "CommunicationExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ComponentsOfEquityAxis": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Components of equity [axis]"
       }
      }
     },
     "localname": "ComponentsOfEquityAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ComprehensiveIncome": {
     "auth_ref": [
      "r4",
      "r41",
      "r127",
      "r129",
      "r134",
      "r139"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Comprehensive income",
        "totalLabel": "TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THE YEAR"
       }
      }
     },
     "localname": "ComprehensiveIncome",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity",
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CounterpartiesAxis": {
     "auth_ref": [
      "r189"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Counterparties [axis]"
       }
      }
     },
     "localname": "CounterpartiesAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CounterpartiesMember": {
     "auth_ref": [
      "r189"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the parties to the transaction other than the entity. It also represents the standard value for the 'Counterparties' axis if no other member is used."
       }
      }
     },
     "localname": "CounterpartiesMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary": {
     "auth_ref": [
      "r81",
      "r84",
      "r131",
      "r133"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The country in which a subsidiary of the entity is incorporated. [Refer: Subsidiaries [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Country of Incorporation"
       }
      }
     },
     "localname": "CountryOfIncorporationOrResidenceOfSubsidiary",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CurrencyRiskMember": {
     "auth_ref": [
      "r191",
      "r210",
      "r211",
      "r212",
      "r213"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a type of market risk representing the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. [Refer: Financial instruments, class [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Currency risk [member]"
       }
      }
     },
     "localname": "CurrencyRiskMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 3.0,
       "parentTag": "ifrs-full_CurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current accrued expenses and other current liabilities. [Refer: Accruals; Other current liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Accrued liabilities and other payables",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "CurrentAccruedExpensesAndOtherCurrentLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentAssets": {
     "auth_ref": [
      "r25",
      "r134",
      "r135"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_Assets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Current assets",
        "totalLabel": "Total current assets"
       }
      }
     },
     "localname": "CurrentAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentAssetsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "CURRENT ASSETS"
       }
      }
     },
     "localname": "CurrentAssetsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CurrentAssetsLiabilities": {
     "auth_ref": [
      "r22"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current assets less the amount of current liabilities."
       }
      },
      "en-us": {
       "role": {
        "label": "Working capital surplus/ (deficit)"
       }
      }
     },
     "localname": "CurrentAssetsLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentDebtInstrumentsIssued": {
     "auth_ref": [
      "r22"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current debt instruments issued. [Refer: Debt instruments issued]"
       }
      },
      "en-us": {
       "role": {
        "label": "Accrued Interest Swap Loss"
       }
      }
     },
     "localname": "CurrentDebtInstrumentsIssued",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentDerivativeFinancialLiabilities": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 5.0,
       "parentTag": "ifrs-full_CurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current derivative financial liabilities. [Refer: Derivative financial liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Current derivative financial liabilities",
        "verboseLabel": "Fair value of derivative financial instruments"
       }
      }
     },
     "localname": "CurrentDerivativeFinancialLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentInterestPayable": {
     "auth_ref": [
      "r10"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current interest payable. [Refer: Interest payable]"
       }
      },
      "en-us": {
       "role": {
        "label": "Accrued interest"
       }
      }
     },
     "localname": "CurrentInterestPayable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentLeaseLiabilities": {
     "auth_ref": [
      "r156"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 4.0,
       "parentTag": "ifrs-full_CurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current lease liabilities. [Refer: Lease liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Current portion of lease liabilities",
        "verboseLabel": "Current lease liabilities"
       }
      }
     },
     "localname": "CurrentLeaseLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentLiabilities": {
     "auth_ref": [
      "r27",
      "r134",
      "r137"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_Liabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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.\nEffective 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."
       }
      },
      "en-us": {
       "role": {
        "label": "Current liabilities",
        "totalLabel": "Total current liabilities"
       }
      }
     },
     "localname": "CurrentLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentLiabilitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "CURRENT LIABILITIES"
       }
      }
     },
     "localname": "CurrentLiabilitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_CurrentPortionOfLongtermBorrowings": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_CurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The current portion of non-current borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Current portion of long-term borrowings",
        "negatedLabel": "Total Borrowings - Current Portion"
       }
      }
     },
     "localname": "CurrentPortionOfLongtermBorrowings",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 3.0,
       "parentTag": "ifrs-full_CurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current prepayments and other current assets. [Refer: Other current assets; Current prepayments]"
       }
      },
      "en-us": {
       "role": {
        "label": "Prepayments and other assets"
       }
      }
     },
     "localname": "CurrentPrepaymentsAndOtherCurrentAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_CurrentRestrictedCashAndCashEquivalents": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 4.0,
       "parentTag": "ifrs-full_CurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]"
       }
      },
      "en-us": {
       "role": {
        "label": "Current restricted cash and cash equivalents",
        "verboseLabel": "Restricted cash"
       }
      }
     },
     "localname": "CurrentRestrictedCashAndCashEquivalents",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DebtSecurities": {
     "auth_ref": [
      "r22"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of instruments issued by the entity that represent indebtedness."
       }
      },
      "en-us": {
       "role": {
        "label": "Debt instruments issued"
       }
      }
     },
     "localname": "DebtSecurities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DeferredIncomeIncludingContractLiabilities": {
     "auth_ref": [
      "r22",
      "r31"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 6.0,
       "parentTag": "ifrs-full_CurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Deferred revenue"
       }
      }
     },
     "localname": "DeferredIncomeIncludingContractLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DepreciationAndAmortisationExpense": {
     "auth_ref": [
      "r1",
      "r3",
      "r47",
      "r143",
      "r195",
      "r201"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives."
       }
      },
      "en-us": {
       "role": {
        "label": "Depreciation and amortisation expense",
        "negatedLabel": "Depreciation expense"
       }
      }
     },
     "localname": "DepreciationAndAmortisationExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DepreciationExpense": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 4.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of depreciation expense. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives."
       }
      },
      "en-us": {
       "role": {
        "label": "Depreciation expense",
        "negatedLabel": "Depreciation",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "DepreciationExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss",
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DepreciationMethodPropertyPlantAndEquipment": {
     "auth_ref": [
      "r53"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The depreciation method used for property, plant and equipment. [Refer: Property, plant and equipment]"
       }
      },
      "en-us": {
       "role": {
        "label": "Depreciation method"
       }
      }
     },
     "localname": "DepreciationMethodPropertyPlantAndEquipment",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DepreciationPropertyPlantAndEquipment": {
     "auth_ref": [
      "r58",
      "r61"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of depreciation of property, plant and equipment. [Refer: Depreciation and amortisation expense; Property, plant and equipment]"
       }
      },
      "en-us": {
       "role": {
        "label": "Vessels depreciation"
       }
      }
     },
     "localname": "DepreciationPropertyPlantAndEquipment",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DepreciationRightofuseAssets": {
     "auth_ref": [
      "r157"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of depreciation of right-of-use assets. [Refer: Depreciation and amortisation expense; Right-of-use assets]"
       }
      },
      "en-us": {
       "role": {
        "label": "Depreciation charge for right-of-use assets",
        "terseLabel": "Depreciation of right of use asset",
        "verboseLabel": "Depreciation, right-of-use assets"
       }
      }
     },
     "localname": "DepreciationRightofuseAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative",
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfComprehensiveIncomeLossDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for interest and other costs that the entity incurs in connection with the borrowing of funds."
       }
      },
      "en-us": {
       "role": {
        "label": "Borrowing costs:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForBorrowingCostsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Long-term debt:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForBorrowingsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for depreciation expense. [Refer: Depreciation and amortisation expense]"
       }
      },
      "en-us": {
       "role": {
        "label": "Depreciation:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for derivative financial instruments. [Refer: Financial instruments, class [member]; Derivatives [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Embedded Derivatives:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForDividendsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital."
       }
      },
      "en-us": {
       "role": {
        "label": "Description of accounting policy for dividends [text block]",
        "verboseLabel": "Dividends"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForDividendsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for fair value measurement. [Refer: At fair value [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Fair value measurement:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForFinanceCostsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for finance costs. [Refer: Finance costs]"
       }
      },
      "en-us": {
       "role": {
        "label": "Financing costs:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for financial liabilities. [Refer: Financial liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Financial assets and liabilities:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for foreign currency translation."
       }
      },
      "en-us": {
       "role": {
        "label": "Foreign currency translation:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for the impairment of non-financial assets. [Refer: Financial assets]"
       }
      },
      "en-us": {
       "role": {
        "label": "Impairment of Long-Lived Assets and Reversal of previously recognized impairment losses:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts": {
     "auth_ref": [
      "r11",
      "r220"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for insurance contracts and related assets, liabilities, income and expense. [Refer: Types of insurance contracts [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Insurance:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForInsuranceContracts",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for issued capital. [Refer: Issued capital]"
       }
      },
      "en-us": {
       "role": {
        "label": "Share capital and Warrants"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForIssuedCapitalExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for leases. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time."
       }
      },
      "en-us": {
       "role": {
        "label": "Amortization of lease component:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForLeasesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories": {
     "auth_ref": [
      "r69"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for measuring inventories. [Refer: Inventories]"
       }
      },
      "en-us": {
       "role": {
        "label": "Inventories:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForMeasuringInventories",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for the offsetting of financial instruments. [Refer: Financial instruments, class [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Offsetting of financial assets and liabilities:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for property, plant and equipment. [Refer: Property, plant and equipment]"
       }
      },
      "en-us": {
       "role": {
        "label": "Vessels, net:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for provisions. [Refer: Provisions]"
       }
      },
      "en-us": {
       "role": {
        "label": "Provisions and contingencies:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForProvisionsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for recognising revenue. [Refer: Revenue]"
       }
      },
      "en-us": {
       "role": {
        "label": "Accounting for revenue and related expenses:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForRecognitionOfRevenue",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for regulatory deferral accounts. [Refer: Regulatory deferral account balances [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Dry-docking costs"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]"
       }
      },
      "en-us": {
       "role": {
        "label": "Cash and cash equivalents:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for segment reporting."
       }
      },
      "en-us": {
       "role": {
        "label": "Operating segment:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for transactions in which the entity: (a) receives goods or services from the supplier of those goods or services (including an employee) in a share-based payment arrangement; or (b) incurs an obligation to settle the transaction with the supplier in a share-based payment arrangement when another group entity receives those goods or services. [Refer: Share-based payment arrangements [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Share based compensation:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForTerminationBenefits": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for termination benefits. [Refer: Termination benefits expense]"
       }
      },
      "en-us": {
       "role": {
        "label": "Pension and retirement benefit obligations:"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForTerminationBenefits",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the entity's accounting policy for trade and other receivables. [Refer: Trade and other receivables]"
       }
      },
      "en-us": {
       "role": {
        "label": "Trade accounts receivable, net"
       }
      }
     },
     "localname": "DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations": {
     "auth_ref": [
      "r125"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of the initial application of an IFRS. [Refer: IFRSs [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Standards amendments and interpretations:"
       }
      }
     },
     "localname": "DescriptionOfInitialApplicationOfStandardsOrInterpretations",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfManagingLiquidityRisk": {
     "auth_ref": [
      "r180"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of how the entity manages its liquidity risk. [Refer: Liquidity risk [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Financial risk management objectives and policies - Liquidity risk"
       }
      }
     },
     "localname": "DescriptionOfManagingLiquidityRisk",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPoliciesTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DescriptionOfNatureOfBenefitsProvidedByPlan": {
     "auth_ref": [
      "r64"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the nature of the benefits provided by a defined benefit plan (for example, final salary defined benefit plan or contribution-based plan with guarantee). [Refer: Defined benefit plans [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Description of nature of benefits provided by plan"
       }
      }
     },
     "localname": "DescriptionOfNatureOfBenefitsProvidedByPlan",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The description of the nature of the entity's operations and principal activities."
       }
      },
      "en-us": {
       "role": {
        "label": "Description of nature of entity's operations and principal activities"
       }
      }
     },
     "localname": "DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DescriptionOfOptionLifeShareOptionsGranted": {
     "auth_ref": [
      "r166"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The option life of share options granted."
       }
      },
      "en-us": {
       "role": {
        "label": "Option life, share options granted"
       }
      }
     },
     "localname": "DescriptionOfOptionLifeShareOptionsGranted",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "decimalItemType"
    },
    "ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment": {
     "auth_ref": [
      "r54"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Description of useful life used for property, plant and equipment. [Refer: Property, plant and equipment]"
       }
      },
      "en-us": {
       "role": {
        "label": "Useful life"
       }
      }
     },
     "localname": "DescriptionOfUsefulLifePropertyPlantAndEquipment",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DilutedEarningsLossPerShare": {
     "auth_ref": [
      "r87",
      "r88"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "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]]"
       }
      },
      "en-us": {
       "role": {
        "label": "- Basic and Diluted income/(loss) per share for the year"
       }
      }
     },
     "localname": "DilutedEarningsLossPerShare",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "perShareItemType"
    },
    "ifrs-full_DirectOperatingExpenseFromInvestmentProperty": {
     "auth_ref": [
      "r101"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of direct operating expenses (including repairs and maintenance) arising from investment property. [Refer: Investment property]"
       }
      },
      "en-us": {
       "role": {
        "label": "Direct operating expense from investment property"
       }
      }
     },
     "localname": "DirectOperatingExpenseFromInvestmentProperty",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DirectorsRemunerationExpense": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails": {
       "order": 1.0,
       "parentTag": "ifrs-full_KeyManagementPersonnelCompensation",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of remuneration paid or payable to the entity's directors."
       }
      },
      "en-us": {
       "role": {
        "label": "Directors\u2019 remuneration"
       }
      }
     },
     "localname": "DirectorsRemunerationExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of judgements that management has made in the process of applying the entity's accounting policies that have the most significant effect on amounts recognised in the financial statements along with information about the assumptions that the entity makes about the future, and other major sources of estimation uncertainty at the end of the reporting period, that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the next year. [Refer: Carrying amount [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Significant accounting policies, judgments, estimates and assumptions:"
       }
      }
     },
     "localname": "DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of accrued expenses and other liabilities. [Refer: Accruals; Other liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of accrued expenses and other liabilities [text block]",
        "verboseLabel": "Accrued liabilities and other payables"
       }
      }
     },
     "localname": "DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to 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."
       }
      },
      "en-us": {
       "role": {
        "label": "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]"
       }
      }
     },
     "localname": "DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of the basis used for the preparation of the financial statements."
       }
      },
      "en-us": {
       "role": {
        "label": "Basis of presentation and general information"
       }
      }
     },
     "localname": "DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformation"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfBorrowingsExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Long-Term Debt, net"
       }
      }
     },
     "localname": "DisclosureOfBorrowingsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents]"
       }
      },
      "en-us": {
       "role": {
        "label": "Cash and cash equivalents and Restricted cash"
       }
      }
     },
     "localname": "DisclosureOfCashAndCashEquivalentsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCash"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfClassesOfShareCapitalAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of classes of share capital [abstract]"
       }
      }
     },
     "localname": "DisclosureOfClassesOfShareCapitalAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory": {
     "auth_ref": [
      "r37"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of classes of share capital. [Refer: Share capital [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Share Capital and Share Premium - Authorised share capital"
       }
      }
     },
     "localname": "DisclosureOfClassesOfShareCapitalExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfClassesOfShareCapitalLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of classes of share capital [line items]"
       }
      }
     },
     "localname": "DisclosureOfClassesOfShareCapitalLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfCommitmentsExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of commitments."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of commitments [text block]",
        "verboseLabel": "Commitments"
       }
      }
     },
     "localname": "DisclosureOfCommitmentsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Commitments"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfContingentLiabilitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of contingent liabilities [abstract]"
       }
      }
     },
     "localname": "DisclosureOfContingentLiabilitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfContingentLiabilitiesExplanatory": {
     "auth_ref": [
      "r97"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of contingent liabilities. [Refer: Contingent liabilities [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Contingencies"
       }
      }
     },
     "localname": "DisclosureOfContingentLiabilitiesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Contingencies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfCreditRiskExposureLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of credit risk exposure [line items]"
       }
      }
     },
     "localname": "DisclosureOfCreditRiskExposureLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of detailed information about borrowings [abstract]"
       }
      }
     },
     "localname": "DisclosureOfDetailedInformationAboutBorrowingsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of detailed information about borrowings [line items]"
       }
      }
     },
     "localname": "DisclosureOfDetailedInformationAboutBorrowingsLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable": {
     "auth_ref": [
      "r184"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to details of borrowings."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of detailed information about borrowings [table]"
       }
      }
     },
     "localname": "DisclosureOfDetailedInformationAboutBorrowingsTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfDividendsExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital."
       }
      },
      "en-us": {
       "role": {
        "label": "Dividends"
       }
      }
     },
     "localname": "DisclosureOfDividendsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Dividends"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfEarningsPerShareExplanatory": {
     "auth_ref": [
      "r91"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for earnings per share."
       }
      },
      "en-us": {
       "role": {
        "label": "Earnings/(Loss) per Share"
       }
      }
     },
     "localname": "DisclosureOfEarningsPerShareExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/EarningslossPerShare"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory": {
     "auth_ref": [
      "r49"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for events after the reporting period."
       }
      },
      "en-us": {
       "role": {
        "label": "Events after the reporting date"
       }
      }
     },
     "localname": "DisclosureOfEventsAfterReportingPeriodExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/EventsAfterReportingDate"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfFairValueMeasurementExplanatory": {
     "auth_ref": [
      "r153"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for fair value measurement."
       }
      },
      "en-us": {
       "role": {
        "label": "Fair values"
       }
      }
     },
     "localname": "DisclosureOfFairValueMeasurementExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValues"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of fair value measurement of assets [abstract]"
       }
      }
     },
     "localname": "DisclosureOfFairValueMeasurementOfAssetsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of fair value measurement of assets [line items]"
       }
      }
     },
     "localname": "DisclosureOfFairValueMeasurementOfAssetsLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable": {
     "auth_ref": [
      "r150"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to the fair value measurement of assets."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of fair value measurement of assets [table]"
       }
      }
     },
     "localname": "DisclosureOfFairValueMeasurementOfAssetsTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfFinancialInstrumentsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of detailed information about financial instruments [abstract]"
       }
      }
     },
     "localname": "DisclosureOfFinancialInstrumentsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfFinancialLiabilitiesLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of financial liabilities [line items]"
       }
      }
     },
     "localname": "DisclosureOfFinancialLiabilitiesLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfFinancialRiskManagementExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of the entity's financial risk management practices and policies."
       }
      },
      "en-us": {
       "role": {
        "label": "Financial risk management objectives and policies"
       }
      }
     },
     "localname": "DisclosureOfFinancialRiskManagementExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of general and administrative expenses. [Refer: Administrative expenses]"
       }
      },
      "en-us": {
       "role": {
        "label": "Administrative Expenses"
       }
      }
     },
     "localname": "DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpenses"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfGoingConcernExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of the entity's ability to continue as a going concern."
       }
      },
      "en-us": {
       "role": {
        "label": "Basis of Preparation:"
       }
      }
     },
     "localname": "DisclosureOfGoingConcernExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of impairment loss and reversal of impairment loss [line items]"
       }
      }
     },
     "localname": "DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory": {
     "auth_ref": [
      "r96"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for the impairment of assets."
       }
      },
      "en-us": {
       "role": {
        "label": "Vessels, net - Impairment loss"
       }
      }
     },
     "localname": "DisclosureOfImpairmentOfAssetsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNetTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfIncomeTaxExplanatory": {
     "auth_ref": [
      "r50"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for income taxes."
       }
      },
      "en-us": {
       "role": {
        "label": "Income Tax"
       }
      }
     },
     "localname": "DisclosureOfIncomeTaxExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/IncomeTax"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of initial application of standards or interpretations [abstract]"
       }
      }
     },
     "localname": "DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of initial application of standards or interpretations [line items]"
       }
      }
     },
     "localname": "DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfInterestExpenseExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of interest expense. [Refer: Interest expense]"
       }
      },
      "en-us": {
       "role": {
        "label": "Interest Expense and Finance Costs"
       }
      }
     },
     "localname": "DisclosureOfInterestExpenseExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCosts"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfInventoriesExplanatory": {
     "auth_ref": [
      "r71"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for inventories."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of inventories [text block]",
        "verboseLabel": "Inventories"
       }
      }
     },
     "localname": "DisclosureOfInventoriesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Inventories"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of maturity analysis of operating lease payments [line items]"
       }
      }
     },
     "localname": "DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of non-adjusting events after reporting period [abstract]"
       }
      }
     },
     "localname": "DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable": {
     "auth_ref": [
      "r169"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to the offsetting of financial assets."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of offsetting of financial assets [table]"
       }
      }
     },
     "localname": "DisclosureOfOffsettingOfFinancialAssetsTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of other operating expense. [Refer: Other operating income (expense)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Voyage Expenses and Vessel Operating Expenses"
       }
      }
     },
     "localname": "DisclosureOfOtherOperatingExpenseExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of detailed information about property, plant and equipment [abstract]"
       }
      }
     },
     "localname": "DisclosureOfPropertyPlantAndEquipmentAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for property, plant and equipment."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of property, plant and equipment [text block]",
        "verboseLabel": "Vessels, net"
       }
      }
     },
     "localname": "DisclosureOfPropertyPlantAndEquipmentExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of detailed information about property, plant and equipment [line items]"
       }
      }
     },
     "localname": "DisclosureOfPropertyPlantAndEquipmentLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable": {
     "auth_ref": [
      "r60"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to details of property, plant and equipment."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of detailed information about property, plant and equipment [table]"
       }
      }
     },
     "localname": "DisclosureOfPropertyPlantAndEquipmentTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of risk management strategy related to hedge accounting [line items]"
       }
      }
     },
     "localname": "DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable": {
     "auth_ref": [
      "r171"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to the risk management strategy in relation to hedge accounting."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of risk management strategy related to hedge accounting [table]"
       }
      }
     },
     "localname": "DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory": {
     "auth_ref": [
      "r38"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for share capital, reserves and other equity interest."
       }
      },
      "en-us": {
       "role": {
        "label": "Share Capital and Share Premium"
       }
      }
     },
     "localname": "DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory": {
     "auth_ref": [
      "r164"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for share-based payment arrangements."
       }
      },
      "en-us": {
       "role": {
        "label": "Share Based Payment"
       }
      }
     },
     "localname": "DisclosureOfSharebasedPaymentArrangementsExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPayment"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of subsidiaries [abstract]"
       }
      }
     },
     "localname": "DisclosureOfSignificantInvestmentsInSubsidiariesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory": {
     "auth_ref": [
      "r82",
      "r85",
      "r146"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of subsidiaries. [Refer: Subsidiaries [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of subsidiaries [text block]",
        "verboseLabel": "Basis of presentation and general information"
       }
      }
     },
     "localname": "DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationTables"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of subsidiaries [line items]"
       }
      }
     },
     "localname": "DisclosureOfSignificantInvestmentsInSubsidiariesLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable": {
     "auth_ref": [
      "r82",
      "r85",
      "r146"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to subsidiaries."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of subsidiaries [table]"
       }
      }
     },
     "localname": "DisclosureOfSignificantInvestmentsInSubsidiariesTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The entire disclosure for significant accounting policies applied by the entity."
       }
      },
      "en-us": {
       "role": {
        "label": "Basis of Preparation and Significant Accounting Policies"
       }
      }
     },
     "localname": "DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPolicies"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of terms and conditions of share-based payment arrangement [abstract]"
       }
      }
     },
     "localname": "DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of terms and conditions of share-based payment arrangement [line items]"
       }
      }
     },
     "localname": "DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of trade and other payables. [Refer: Trade and other payables]"
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of trade and other payables [text block]",
        "verboseLabel": "Trade accounts payable"
       }
      }
     },
     "localname": "DisclosureOfTradeAndOtherPayablesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TradeAccountsPayable"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Disclosure of transactions between related parties [abstract]"
       }
      }
     },
     "localname": "DisclosureOfTransactionsBetweenRelatedPartiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory": {
     "auth_ref": [
      "r76"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Transactions with Related Parties"
       }
      }
     },
     "localname": "DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties"
     ],
     "xbrltype": "textBlockItemType"
    },
    "ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of transactions between related parties [line items]"
       }
      }
     },
     "localname": "DisclosureOfTransactionsBetweenRelatedPartiesLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable": {
     "auth_ref": [
      "r77"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to transactions between related parties."
       }
      },
      "en-us": {
       "role": {
        "label": "Disclosure of transactions between related parties [table]"
       }
      }
     },
     "localname": "DisclosureOfTransactionsBetweenRelatedPartiesTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_DividendsPaidClassifiedAsFinancingActivities": {
     "auth_ref": [
      "r119"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for dividends paid by the entity, classified as financing activities."
       }
      },
      "en-us": {
       "role": {
        "label": "Dividends paid, classified as financing activities"
       }
      }
     },
     "localname": "DividendsPaidClassifiedAsFinancingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/DividendsDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_DomicileOfEntity": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The country of domicile of the entity. [Refer: Country of domicile [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Domicile of entity"
       }
      }
     },
     "localname": "DomicileOfEntity",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_EarningsPerShareAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Earnings per share [abstract]"
       }
      }
     },
     "localname": "EarningsPerShareAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_EarningsPerShareTable": {
     "auth_ref": [
      "r87"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to earnings per share."
       }
      },
      "en-us": {
       "role": {
        "label": "Earnings per share [table]"
       }
      }
     },
     "localname": "EarningsPerShareTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_EntitysTotalForRelatedPartiesMember": {
     "auth_ref": [
      "r77"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the standard value for the 'Categories of related parties' axis if no other member is used."
       }
      }
     },
     "localname": "EntitysTotalForRelatedPartiesMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_EntitysTotalForSubsidiariesMember": {
     "auth_ref": [
      "r82",
      "r85",
      "r146"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the standard value for the 'Subsidiaries' axis if no other member is used."
       }
      }
     },
     "localname": "EntitysTotalForSubsidiariesMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_Equity": {
     "auth_ref": [
      "r22",
      "r30",
      "r126",
      "r128",
      "r147",
      "r148",
      "r149"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_EquityAndLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of residual interest in the assets of the entity after deducting all its liabilities."
       }
      },
      "en-us": {
       "role": {
        "label": "Equity",
        "periodEndLabel": "Balance",
        "periodStartLabel": "Balance",
        "totalLabel": "Total equity"
       }
      }
     },
     "localname": "Equity",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_EquityAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "EQUITY"
       }
      }
     },
     "localname": "EquityAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_EquityAndLiabilities": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Equity and liabilities",
        "totalLabel": "TOTAL EQUITY AND LIABILITIES"
       }
      }
     },
     "localname": "EquityAndLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_EquityMember": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the residual interest in the assets of the entity after deducting all its liabilities. It also represents the standard value for the 'Components of equity' axis if no other member is used."
       }
      }
     },
     "localname": "EquityMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_ExercisePriceOfOutstandingShareOptions2019": {
     "auth_ref": [
      "r165"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The exercise price of outstanding share options."
       }
      },
      "en-us": {
       "role": {
        "label": "Exercise price of outstanding share options"
       }
      }
     },
     "localname": "ExercisePriceOfOutstandingShareOptions2019",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "perShareItemType"
    },
    "ifrs-full_ExpenseByNatureAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expenses by nature [abstract]"
       }
      }
     },
     "localname": "ExpenseByNatureAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_FeeAndCommissionExpense": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails": {
       "order": 1.0,
       "parentTag": "ifrs-full_ServicesExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expense relating to fees and commissions."
       }
      },
      "en-us": {
       "role": {
        "label": "Commissions"
       }
      }
     },
     "localname": "FeeAndCommissionExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_FeeAndCommissionIncome": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 2.0,
       "parentTag": "ifrs-full_Revenue",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of income relating to fees and commissions."
       }
      },
      "en-us": {
       "role": {
        "label": "Management &amp; consulting fee income"
       }
      }
     },
     "localname": "FeeAndCommissionIncome",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_FinanceCosts": {
     "auth_ref": [
      "r43"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 3.0,
       "parentTag": "ifrs-full_ProfitLoss",
       "weight": -1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of costs associated with financing activities of the entity."
       }
      },
      "en-us": {
       "role": {
        "label": "Finance costs",
        "negatedLabel": "Interest expense and finance costs",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "FinanceCosts",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails",
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_FinancialAssetsAtFairValue": {
     "auth_ref": [
      "r173"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The fair value of financial assets. [Refer: At fair value [member]; Financial assets]"
       }
      },
      "en-us": {
       "role": {
        "label": "Financial assets, at fair value"
       }
      }
     },
     "localname": "FinancialAssetsAtFairValue",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_FinancialAssetsCategoryMember": {
     "auth_ref": [
      "r185"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for aggregated categories of financial assets. It also represents the standard value for the 'Categories of financial assets' axis if no other member is used. [Refer: Financial assets]"
       }
      }
     },
     "localname": "FinancialAssetsCategoryMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_FinancialAssetsMember": {
     "auth_ref": [
      "r182",
      "r183",
      "r205",
      "r216",
      "r217",
      "r218"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for aggregated classes of financial assets. It also represents the standard value for the 'Classes of financial assets' axis if no other member is used. [Refer: Financial assets]"
       }
      }
     },
     "localname": "FinancialAssetsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_FinancialLiabilities": {
     "auth_ref": [
      "r173"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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\u2019s 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\u2019s 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\u2019s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity\u2019s 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\u2019s 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\u2019s 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]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Financial liabilities",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "FinancialLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_FinancialLiabilitiesAtFairValue": {
     "auth_ref": [
      "r173"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The fair value of financial liabilities. [Refer: At fair value [member]; Financial liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Financial liabilities, at fair value"
       }
      }
     },
     "localname": "FinancialLiabilitiesAtFairValue",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_FinancialLiabilitiesMember": {
     "auth_ref": [
      "r182",
      "r183",
      "r205",
      "r217"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for aggregated classes financial liabilities. It also represents the standard value for the 'Classes of financial liabilities' axis if no other member is used. [Refer: Financial liabilities]"
       }
      }
     },
     "localname": "FinancialLiabilitiesMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_FuelExpense": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails": {
       "order": 2.0,
       "parentTag": "ifrs-full_ServicesExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expense arising from the consumption of fuel."
       }
      },
      "en-us": {
       "role": {
        "label": "Bunkers expenses"
       }
      }
     },
     "localname": "FuelExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 4.0,
       "parentTag": "ifrs-full_ProfitLoss",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Gain/(loss) on derivative financial instruments",
        "verboseLabel": "Gains (losses) on change in fair value of derivatives"
       }
      }
     },
     "localname": "GainsLossesOnChangeInFairValueOfDerivatives",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss": {
     "auth_ref": [
      "r16",
      "r72"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 5.0,
       "parentTag": "ifrs-full_ProfitLoss",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Foreign exchange gains/(losses), net"
       }
      }
     },
     "localname": "GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_GrossCarryingAmountMember": {
     "auth_ref": [
      "r55",
      "r98",
      "r103",
      "r106",
      "r167",
      "r177",
      "r178",
      "r179",
      "r221",
      "r223"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the amount at which an asset is recognised before deducting any accumulated depreciation (amortisation) and accumulated impairment losses thereon. [Refer: Depreciation and amortisation expense; Impairment loss]"
       }
      },
      "en-us": {
       "role": {
        "label": "Gross carrying amount [member]"
       }
      }
     },
     "localname": "GrossCarryingAmountMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_ImpairmentLoss": {
     "auth_ref": [
      "r94",
      "r95"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 9.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Impairment loss [Default Label]",
        "negatedLabel": "Impairment loss"
       }
      }
     },
     "localname": "ImpairmentLoss",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment": {
     "auth_ref": [
      "r46",
      "r57"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Impairment loss recognised in profit or loss, property, plant and equipment",
        "negatedLabel": "Impairment loss"
       }
      }
     },
     "localname": "ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_IncomeStatementAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Profit or loss [abstract]"
       }
      }
     },
     "localname": "IncomeStatementAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges": {
     "auth_ref": [
      "r121"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Increase (decrease) in cash and cash equivalents before effect of exchange rate changes",
        "totalLabel": "Net increase in cash and cash equivalents"
       }
      }
     },
     "localname": "IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The increase (decrease) in the number of ordinary shares issued. [Refer: Ordinary shares [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Stock issued during the year (shares) - Share based compensation"
       }
      }
     },
     "localname": "IncreaseDecreaseInNumberOfOrdinarySharesIssued",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding": {
     "auth_ref": [
      "r35"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The increase (decrease) in the number of shares outstanding. [Refer: Number of shares outstanding]"
       }
      },
      "en-us": {
       "role": {
        "label": "Increase (decrease) in number of shares outstanding"
       }
      }
     },
     "localname": "IncreaseDecreaseInNumberOfSharesOutstanding",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "sharesItemType"
    },
    "ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments": {
     "auth_ref": [
      "r8"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The increase (decrease) in equity resulting from the conversion of convertible instruments."
       }
      },
      "en-us": {
       "role": {
        "label": "Issuance of common stock due to conversion (note 11)"
       }
      }
     },
     "localname": "IncreaseDecreaseThroughConversionOfConvertibleInstruments",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity": {
     "auth_ref": [
      "r8"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The increase (decrease) in equity resulting from the exercise of warrants."
       }
      },
      "en-us": {
       "role": {
        "label": "Issuance of new common shares due to exercise of Warrants (Note 9)",
        "verboseLabel": "Issuance of common stock due to exercise of pre-funded warrants"
       }
      }
     },
     "localname": "IncreaseDecreaseThroughExerciseOfWarrantsEquity",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions": {
     "auth_ref": [
      "r7"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The increase (decrease) in equity resulting from share-based payment transactions. [Refer: Equity]"
       }
      },
      "en-us": {
       "role": {
        "label": "Share-based payments (note 12)",
        "verboseLabel": "Stock issued during the year (value) - Share based compensation"
       }
      }
     },
     "localname": "IncreaseDecreaseThroughSharebasedPaymentTransactions",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_InsuranceExpense": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails": {
       "order": 2.0,
       "parentTag": "glbs_OperatingCosts",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expense arising from purchased insurance."
       }
      },
      "en-us": {
       "role": {
        "label": "Insurance"
       }
      }
     },
     "localname": "InsuranceExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_InterestCostsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Interest costs [abstract]"
       }
      }
     },
     "localname": "InterestCostsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_InterestExpense": {
     "auth_ref": [
      "r145",
      "r194",
      "r201"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expense arising from interest."
       }
      },
      "en-us": {
       "role": {
        "label": "Interest expense",
        "verboseLabel": "Interest payable on long-term borrowings"
       }
      }
     },
     "localname": "InterestExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_InterestExpenseOnLeaseLiabilities": {
     "auth_ref": [
      "r158"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of interest expense on lease liabilities. [Refer: Lease liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Interest expense on lease liabilities",
        "verboseLabel": "Operating lease liability interest"
       }
      }
     },
     "localname": "InterestExpenseOnLeaseLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_InterestPaidClassifiedAsFinancingActivities": {
     "auth_ref": [
      "r119"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 10.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for interest paid, classified as financing activities."
       }
      },
      "en-us": {
       "role": {
        "label": "Interest paid, classified as financing activities",
        "negatedLabel": "Interest paid"
       }
      }
     },
     "localname": "InterestPaidClassifiedAsFinancingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_InterestPayable": {
     "auth_ref": [
      "r10"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of interest recognised as a liability."
       }
      },
      "en-us": {
       "role": {
        "label": "Interest payable"
       }
      }
     },
     "localname": "InterestPayable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_InterestReceivedClassifiedAsInvestingActivities": {
     "auth_ref": [
      "r119"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 4.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInInvestingActivities",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash inflow from interest received, classified as investing activities."
       }
      },
      "en-us": {
       "role": {
        "label": "Interest received"
       }
      }
     },
     "localname": "InterestReceivedClassifiedAsInvestingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_Inventories": {
     "auth_ref": [
      "r18",
      "r26",
      "r70"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_CurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current inventories. [Refer: Inventories]"
       }
      },
      "en-us": {
       "role": {
        "label": "Inventories",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "Inventories",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/InventoriesDetails",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_IssueOfEquity": {
     "auth_ref": [
      "r7"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The increase in equity through the issue of equity instruments."
       }
      },
      "en-us": {
       "role": {
        "label": "Issuance of new common shares (Note 9)",
        "verboseLabel": "Issuance of new common stocks"
       }
      }
     },
     "localname": "IssueOfEquity",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_IssuedCapital": {
     "auth_ref": [
      "r30"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_Equity",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The nominal value of capital issued."
       }
      },
      "en-us": {
       "role": {
        "label": "Issued share capital",
        "periodEndLabel": "Balance ending of period",
        "periodStartLabel": "Balance beginning of period"
       }
      }
     },
     "localname": "IssuedCapital",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_IssuedCapitalMember": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a component of equity representing issued capital."
       }
      },
      "en-us": {
       "role": {
        "label": "Issued capital [member]"
       }
      }
     },
     "localname": "IssuedCapitalMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_KeyManagementPersonnelCompensation": {
     "auth_ref": [
      "r75"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      },
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of compensation to key management personnel. [Refer: Key management personnel of entity or parent [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Key management personnel compensation",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "KeyManagementPersonnelCompensation",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysNon-executiveDirectorsDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits": {
     "auth_ref": [
      "r74"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails": {
       "order": 1.0,
       "parentTag": "ifrs-full_KeyManagementPersonnelCompensation",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of compensation to key management personnel in the form of short-term employee benefits. [Refer: Key management personnel of entity or parent [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Short-term employee benefits"
       }
      }
     },
     "localname": "KeyManagementPersonnelCompensationShorttermEmployeeBenefits",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedParties-CompensationToCompanysExecutiveDirectorDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_LaterThanFiveYearsMember": {
     "auth_ref": [
      "r161",
      "r162",
      "r186",
      "r187",
      "r190",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a time band of later than five years."
       }
      },
      "en-us": {
       "role": {
        "label": "Later than five years [member]"
       }
      }
     },
     "localname": "LaterThanFiveYearsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember": {
     "auth_ref": [
      "r10",
      "r161",
      "r162",
      "r186",
      "r190",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a time band of later than four years and not later than five years."
       }
      },
      "en-us": {
       "role": {
        "label": "Later than four years and not later than five years [member]"
       }
      }
     },
     "localname": "LaterThanFourYearsAndNotLaterThanFiveYearsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember": {
     "auth_ref": [
      "r10",
      "r161",
      "r162",
      "r186",
      "r190",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a time band of later than one year and not later than two years."
       }
      },
      "en-us": {
       "role": {
        "label": "Later than one year and not later than two years [member]"
       }
      }
     },
     "localname": "LaterThanOneYearAndNotLaterThanTwoYearsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember": {
     "auth_ref": [
      "r10",
      "r161",
      "r162",
      "r186",
      "r190",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a time band of later than three years and not later than four years."
       }
      },
      "en-us": {
       "role": {
        "label": "Later than three years and not later than four years [member]"
       }
      }
     },
     "localname": "LaterThanThreeYearsAndNotLaterThanFourYearsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_LaterThanThreeYearsMember": {
     "auth_ref": [
      "r186",
      "r190"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a time band of later than three years."
       }
      },
      "en-us": {
       "role": {
        "label": "Later than three years [member]"
       }
      }
     },
     "localname": "LaterThanThreeYearsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember": {
     "auth_ref": [
      "r10",
      "r161",
      "r162",
      "r186",
      "r190",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a time band of later than two years and not later than three years."
       }
      },
      "en-us": {
       "role": {
        "label": "Later than two years and not later than three years [member]"
       }
      }
     },
     "localname": "LaterThanTwoYearsAndNotLaterThanThreeYearsMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_LeaseLiabilities": {
     "auth_ref": [
      "r156"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Lease liability",
        "verboseLabel": "Lease liabilities"
       }
      }
     },
     "localname": "LeaseLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_LeasesAsLesseeRelatedPartyTransactions": {
     "auth_ref": [
      "r78"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of leases where the entity was the lessee in related party transactions. [Refer: Related parties [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Leases as lessee, related party transactions"
       }
      }
     },
     "localname": "LeasesAsLesseeRelatedPartyTransactions",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_LevelsOfFairValueHierarchyAxis": {
     "auth_ref": [
      "r66",
      "r148"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Levels of fair value hierarchy [axis]"
       }
      }
     },
     "localname": "LevelsOfFairValueHierarchyAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_Liabilities": {
     "auth_ref": [
      "r22",
      "r147",
      "r148",
      "r149",
      "r196",
      "r200"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_EquityAndLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Liabilities",
        "totalLabel": "TOTAL LIABILITIES"
       }
      }
     },
     "localname": "Liabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_LiabilityAssetOfDefinedBenefitPlans": {
     "auth_ref": [
      "r65"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Net defined benefit liability"
       }
      }
     },
     "localname": "LiabilityAssetOfDefinedBenefitPlans",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_LongtermBorrowings": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_NoncurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The non-current portion of non-current borrowings. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Long-term borrowings, net of current portion",
        "verboseLabel": "Total Borrowings - Long-Term Portion"
       }
      }
     },
     "localname": "LongtermBorrowings",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Major components of tax expense (income) [abstract]"
       }
      }
     },
     "localname": "MajorComponentsOfTaxExpenseIncomeAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_MaterialIncomeAndExpenseAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "EXPENSES &amp; OTHER OPERATING INCOME:"
       }
      }
     },
     "localname": "MaterialIncomeAndExpenseAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_MaturityAxis": {
     "auth_ref": [
      "r24",
      "r67",
      "r155",
      "r161",
      "r162",
      "r172",
      "r181",
      "r186",
      "r206",
      "r207",
      "r209",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Maturity [axis]"
       }
      }
     },
     "localname": "MaturityAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
      "http://globusmaritime.gr/role/Long-termDebtNet-AnnualLoanPrincipalPaymentsDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_MeasurementAxis": {
     "auth_ref": [
      "r100",
      "r105",
      "r147"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Measurement [axis]"
       }
      }
     },
     "localname": "MeasurementAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_MiscellaneousCurrentLiabilitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Miscellaneous current liabilities [abstract]"
       }
      }
     },
     "localname": "MiscellaneousCurrentLiabilitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_MiscellaneousLiabilitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Miscellaneous liabilities [abstract]"
       }
      }
     },
     "localname": "MiscellaneousLiabilitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_MiscellaneousOtherOperatingExpense": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails": {
       "order": 6.0,
       "parentTag": "glbs_OperatingCosts",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of miscellaneous other operating expenses. [Refer: Other operating income (expense)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Other"
       }
      }
     },
     "localname": "MiscellaneousOtherOperatingExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The name of the reporting entity or other means of identification."
       }
      },
      "en-us": {
       "role": {
        "label": "Name of reporting entity"
       }
      }
     },
     "localname": "NameOfReportingEntityOrOtherMeansOfIdentification",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_NameOfSubsidiary": {
     "auth_ref": [
      "r80",
      "r83",
      "r130",
      "r132"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The name of a subsidiary. [Refer: Subsidiaries [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Vessel Owned"
       }
      }
     },
     "localname": "NameOfSubsidiary",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_NoncurrentAssets": {
     "auth_ref": [
      "r25",
      "r134",
      "r136"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_Assets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of assets that do not meet the definition of current assets. [Refer: Current assets]"
       }
      },
      "en-us": {
       "role": {
        "label": "Non-current assets",
        "totalLabel": "Total non-current assets"
       }
      }
     },
     "localname": "NoncurrentAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NoncurrentAssetsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "NON-CURRENT ASSETS"
       }
      }
     },
     "localname": "NoncurrentAssetsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_NoncurrentDerivativeFinancialAssets": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 5.0,
       "parentTag": "ifrs-full_NoncurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of non-current derivative financial assets. [Refer: Derivative financial assets]"
       }
      },
      "en-us": {
       "role": {
        "label": "Fair value of derivative financial instruments",
        "verboseLabel": "Non-current derivative financial assets"
       }
      }
     },
     "localname": "NoncurrentDerivativeFinancialAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NoncurrentDerivativeFinancialLiabilities": {
     "auth_ref": [
      "r22"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of non-current derivative financial liabilities. [Refer: Derivative financial liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Non-current derivative financial liabilities",
        "verboseLabel": "Current portion of fair value of derivative financial instruments"
       }
      }
     },
     "localname": "NoncurrentDerivativeFinancialLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FairValuesMeasurementDetails",
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NoncurrentFinancialLiabilities": {
     "auth_ref": [
      "r173"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of non-current financial liabilities. [Refer: Financial liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Long-term debt"
       }
      }
     },
     "localname": "NoncurrentFinancialLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NoncurrentLeaseLiabilities": {
     "auth_ref": [
      "r156"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 3.0,
       "parentTag": "ifrs-full_NoncurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of non-current lease liabilities. [Refer: Lease liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Lease liabilities",
        "verboseLabel": "Non-current lease liabilities"
       }
      }
     },
     "localname": "NoncurrentLeaseLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NoncurrentLiabilities": {
     "auth_ref": [
      "r27",
      "r134",
      "r138"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_Liabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Non-current liabilities",
        "totalLabel": "Total non-current liabilities"
       }
      }
     },
     "localname": "NoncurrentLiabilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NoncurrentLiabilitiesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "EQUITY AND LIABILITIES"
       }
      }
     },
     "localname": "NoncurrentLiabilitiesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_NoncurrentProvisionsForEmployeeBenefits": {
     "auth_ref": [
      "r29"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_NoncurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of non-current provisions for employee benefits. [Refer: Provisions for employee benefits]"
       }
      },
      "en-us": {
       "role": {
        "label": "Provision for staff retirement indemnities"
       }
      }
     },
     "localname": "NoncurrentProvisionsForEmployeeBenefits",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NoncurrentRestrictedCashAndCashEquivalents": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 4.0,
       "parentTag": "ifrs-full_NoncurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of non-current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]"
       }
      },
      "en-us": {
       "role": {
        "label": "Restricted cash",
        "verboseLabel": "Non-current restricted cash and cash equivalents"
       }
      }
     },
     "localname": "NoncurrentRestrictedCashAndCashEquivalents",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_NotLaterThanOneYearMember": {
     "auth_ref": [
      "r23",
      "r161",
      "r162",
      "r186",
      "r190",
      "r215"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for a time band of not later than one year."
       }
      },
      "en-us": {
       "role": {
        "label": "Not later than one year [member]"
       }
      }
     },
     "localname": "NotLaterThanOneYearMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_NumberOfSharesAuthorised": {
     "auth_ref": [
      "r32"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The number of shares authorised."
       }
      },
      "en-us": {
       "role": {
        "label": "Number of shares authorised"
       }
      }
     },
     "localname": "NumberOfSharesAuthorised",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "ifrs-full_NumberOfSharesIssued": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The number of shares issued by the entity."
       }
      },
      "en-us": {
       "role": {
        "label": "Number of shares issued"
       }
      }
     },
     "localname": "NumberOfSharesIssued",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "sharesItemType"
    },
    "ifrs-full_NumberOfSharesIssuedAndFullyPaid": {
     "auth_ref": [
      "r33"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The number of shares issued by the entity, for which full payment has been received."
       }
      },
      "en-us": {
       "role": {
        "label": "Number of shares issued and fully paid",
        "periodEndLabel": "Balance ending of period",
        "periodStartLabel": "Balance beginning of period"
       }
      }
     },
     "localname": "NumberOfSharesIssuedAndFullyPaid",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "ifrs-full_NumberOfSharesOutstanding": {
     "auth_ref": [
      "r35"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares]"
       }
      },
      "en-us": {
       "role": {
        "label": "Number of shares outstanding"
       }
      }
     },
     "localname": "NumberOfSharesOutstanding",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "sharesItemType"
    },
    "ifrs-full_OfficeEquipment": {
     "auth_ref": [
      "r52"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_NoncurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Office furniture and equipment"
       }
      }
     },
     "localname": "OfficeEquipment",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_OrdinarySharesMember": {
     "auth_ref": [
      "r37",
      "r87"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for equity instruments that are subordinate to all other classes of equity instruments. It also represents the standard value for the 'Classes of ordinary shares' axis if no other member is used."
       }
      },
      "en-us": {
       "role": {
        "label": "Ordinary shares [member]"
       }
      }
     },
     "localname": "OrdinarySharesMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_OtherComprehensiveIncome": {
     "auth_ref": [
      "r6",
      "r40",
      "r45",
      "r141"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 2.0,
       "parentTag": "ifrs-full_ComprehensiveIncome",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Other Comprehensive Income",
        "verboseLabel": "Other comprehensive income"
       }
      }
     },
     "localname": "OtherComprehensiveIncome",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity",
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_OtherCurrentPayables": {
     "auth_ref": [
      "r22"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current payables that the entity does not separately disclose in the same statement or note."
       }
      },
      "en-us": {
       "role": {
        "label": "Other payables"
       }
      }
     },
     "localname": "OtherCurrentPayables",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AccruedLiabilitiesAndOtherPayablesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_OtherExpenseByNature": {
     "auth_ref": [
      "r1",
      "r47"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": 7.0,
       "parentTag": "ifrs-full_AdministrativeExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expenses that the entity does not separately disclose in the same statement or note when the entity uses the 'nature of expense' form for its analysis of expenses. [Refer: Expenses, by nature]"
       }
      },
      "en-us": {
       "role": {
        "label": "Other expenses, by nature",
        "verboseLabel": "Other"
       }
      }
     },
     "localname": "OtherExpenseByNature",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_OtherFinanceCost": {
     "auth_ref": [
      "r10"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance costs]"
       }
      },
      "en-us": {
       "role": {
        "label": "Other finance expenses",
        "verboseLabel": "Other finance cost"
       }
      }
     },
     "localname": "OtherFinanceCost",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetails",
      "http://globusmaritime.gr/role/InterestExpenseAndFinanceCostsDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_OtherNoncurrentAssets": {
     "auth_ref": [
      "r22"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 6.0,
       "parentTag": "ifrs-full_NoncurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of non-current assets that the entity does not separately disclose in the same statement or note. [Refer: Non-current assets]"
       }
      },
      "en-us": {
       "role": {
        "label": "Other non-current assets"
       }
      }
     },
     "localname": "OtherNoncurrentAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_OtherOperatingIncomeExpense": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 10.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of operating income (expense) that the entity does not separately disclose in the same statement or note."
       }
      },
      "en-us": {
       "role": {
        "label": "Other income, net"
       }
      }
     },
     "localname": "OtherOperatingIncomeExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ParValuePerShare": {
     "auth_ref": [
      "r34"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The nominal value per share."
       }
      },
      "en-us": {
       "role": {
        "label": "Par value per share"
       }
      }
     },
     "localname": "ParValuePerShare",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "perShareItemType"
    },
    "ifrs-full_PaymentsForDebtIssueCosts": {
     "auth_ref": [
      "r113"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 8.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for debt issue costs."
       }
      },
      "en-us": {
       "role": {
        "label": "Payments for debt issue costs",
        "negatedLabel": "Payment of financing costs"
       }
      }
     },
     "localname": "PaymentsForDebtIssueCosts",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_PaymentsForShareIssueCosts": {
     "auth_ref": [
      "r113"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 6.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for share issue costs."
       }
      },
      "en-us": {
       "role": {
        "label": "Payments for share issue costs",
        "negatedLabel": "Transaction costs on issuance of new common shares"
       }
      }
     },
     "localname": "PaymentsForShareIssueCosts",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities": {
     "auth_ref": [
      "r112"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 9.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for payment of lease liabilities, classified as financing activities. [Refer: Lease liabilities]"
       }
      },
      "en-us": {
       "role": {
        "label": "Payments of lease liabilities, classified as financing activities",
        "negatedLabel": "Payment of lease liability - principal"
       }
      }
     },
     "localname": "PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_PercentageOfEntitysRevenue": {
     "auth_ref": [
      "r204"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The percentage of the entity's revenue. [Refer: Revenue]"
       }
      },
      "en-us": {
       "role": {
        "label": "Percentage of entity's revenue"
       }
      }
     },
     "localname": "PercentageOfEntitysRevenue",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails"
     ],
     "xbrltype": "percentItemType"
    },
    "ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities": {
     "auth_ref": [
      "r110"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 1.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash inflow from borrowings obtained. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Proceeds from loans",
        "verboseLabel": "Proceeds from borrowings, classified as financing activities"
       }
      }
     },
     "localname": "ProceedsFromBorrowingsClassifiedAsFinancingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ProceedsFromExerciseOfOptions": {
     "auth_ref": [
      "r113"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash inflow from the exercise of options."
       }
      },
      "en-us": {
       "role": {
        "label": "Proceeds from exercise of options"
       }
      }
     },
     "localname": "ProceedsFromExerciseOfOptions",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ProceedsFromIssuingShares": {
     "auth_ref": [
      "r109"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 4.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash inflow from issuing shares."
       }
      },
      "en-us": {
       "role": {
        "label": "Proceeds from issuance of share capital",
        "verboseLabel": "Proceeds from issuing shares"
       }
      }
     },
     "localname": "ProceedsFromIssuingShares",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ProfitLoss": {
     "auth_ref": [
      "r5",
      "r39",
      "r114",
      "r127",
      "r129",
      "r134",
      "r196",
      "r198",
      "r208",
      "r219"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 1.0,
       "parentTag": "ifrs-full_ComprehensiveIncome",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]"
       }
      },
      "en-us": {
       "role": {
        "label": "Income / (Loss) for the year",
        "totalLabel": "TOTAL INCOME/(LOSS) FOR THE YEAR",
        "verboseLabel": "Income / (Loss) for the year"
       }
      }
     },
     "localname": "ProfitLoss",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity",
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity": {
     "auth_ref": [
      "r89"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The profit (loss) attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Income/(Loss) attributable to common equity holders"
       }
      }
     },
     "localname": "ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/EarningslossPerShareDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ProfitLossFromOperatingActivities": {
     "auth_ref": [
      "r44",
      "r86"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 1.0,
       "parentTag": "ifrs-full_ProfitLoss",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]"
       }
      },
      "en-us": {
       "role": {
        "label": "Profit (loss) from operating activities",
        "totalLabel": "Operating income/(loss)"
       }
      }
     },
     "localname": "ProfitLossFromOperatingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_PropertyPlantAndEquipmentMember": {
     "auth_ref": [
      "r60",
      "r93",
      "r160"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for property, plant and equipment. It also represents the standard value for the 'Classes of property, plant and equipment' axis if no other member is used. [Refer: Property, plant and equipment]"
       }
      }
     },
     "localname": "PropertyPlantAndEquipmentMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails",
      "http://globusmaritime.gr/role/VesselsNet-ImpairmentLossDetails",
      "http://globusmaritime.gr/role/VesselsNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities": {
     "auth_ref": [
      "r108"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 3.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInInvestingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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]"
       }
      },
      "en-us": {
       "role": {
        "label": "Purchase of other long-term assets, classified as investing activities",
        "negatedLabel": "Purchases of office furniture and equipment"
       }
      }
     },
     "localname": "PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities": {
     "auth_ref": [
      "r108"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 2.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInInvestingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]"
       }
      },
      "en-us": {
       "role": {
        "label": "Purchase of property, plant and equipment, classified as investing activities",
        "negatedLabel": "Purchase of vessel equipment"
       }
      }
     },
     "localname": "PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RangeAxis": {
     "auth_ref": [
      "r151",
      "r152",
      "r154",
      "r165",
      "r184",
      "r209"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Range [axis]"
       }
      }
     },
     "localname": "RangeAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_RangesMember": {
     "auth_ref": [
      "r151",
      "r152",
      "r154",
      "r165",
      "r184",
      "r209"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for aggregate ranges. It also represents the standard value for the 'Range' axis if no other member is used."
       }
      }
     },
     "localname": "RangesMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_RawMaterialsAndConsumablesUsed": {
     "auth_ref": [
      "r1",
      "r47"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails": {
       "order": 4.0,
       "parentTag": "glbs_OperatingCosts",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of raw materials and consumables used in the production process or in the rendering of services. [Refer: Current raw materials]"
       }
      },
      "en-us": {
       "role": {
        "label": "Raw materials and consumables used",
        "verboseLabel": "Lubricants"
       }
      }
     },
     "localname": "RawMaterialsAndConsumablesUsed",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RepairsAndMaintenanceExpense": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails": {
       "order": 3.0,
       "parentTag": "glbs_OperatingCosts",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expenses incurred for the day-to-day servicing of assets, which may include the cost of labour, consumables or small parts."
       }
      },
      "en-us": {
       "role": {
        "label": "Spares, repairs and maintenance"
       }
      }
     },
     "localname": "RepairsAndMaintenanceExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RepaymentsOfBondsNotesAndDebentures": {
     "auth_ref": [
      "r113"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for repayments of bonds, notes and debentures."
       }
      },
      "en-us": {
       "role": {
        "label": "Repayments of bonds, notes and debentures"
       }
      }
     },
     "localname": "RepaymentsOfBondsNotesAndDebentures",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities": {
     "auth_ref": [
      "r111"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfCashFlows": {
       "order": 2.0,
       "parentTag": "ifrs-full_CashFlowsFromUsedInFinancingActivities",
       "weight": -1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Repayments of borrowings, classified as financing activities",
        "negatedLabel": "Repayment of long-term debt"
       }
      }
     },
     "localname": "RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfCashFlows"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RepaymentsOfCurrentBorrowings": {
     "auth_ref": [
      "r113"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The cash outflow for repayments of current borrowings. [Refer: Current borrowings]"
       }
      },
      "en-us": {
       "role": {
        "label": "Repayments of current borrowings"
       }
      }
     },
     "localname": "RepaymentsOfCurrentBorrowings",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RestrictedCashAndCashEquivalents": {
     "auth_ref": [
      "r22"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of cash and cash equivalents whose use or withdrawal is restricted. [Refer: Cash and cash equivalents]"
       }
      },
      "en-us": {
       "role": {
        "label": "Restricted cash and cash equivalents"
       }
      }
     },
     "localname": "RestrictedCashAndCashEquivalents",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RetainedEarnings": {
     "auth_ref": [
      "r30",
      "r48"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 3.0,
       "parentTag": "ifrs-full_Equity",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "A component of equity representing the entity's cumulative undistributed earnings or deficit."
       }
      },
      "en-us": {
       "role": {
        "label": "Accumulated deficit"
       }
      }
     },
     "localname": "RetainedEarnings",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_Revenue": {
     "auth_ref": [
      "r1",
      "r2",
      "r42",
      "r134",
      "r140",
      "r168",
      "r192",
      "r197",
      "r202",
      "r203",
      "r204"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 1.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Revenue",
        "totalLabel": "Total Revenues"
       }
      }
     },
     "localname": "Revenue",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RevenueAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "REVENUE:"
       }
      }
     },
     "localname": "RevenueAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_RevenueFromInterest": {
     "auth_ref": [
      "r10",
      "r144",
      "r193",
      "r201"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 2.0,
       "parentTag": "ifrs-full_ProfitLoss",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of income arising from interest."
       }
      },
      "en-us": {
       "role": {
        "label": "Interest income"
       }
      }
     },
     "localname": "RevenueFromInterest",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RevenueFromRenderingOfServices": {
     "auth_ref": [
      "r10"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 1.0,
       "parentTag": "ifrs-full_Revenue",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of revenue arising from the rendering of services. [Refer: Revenue]"
       }
      },
      "en-us": {
       "role": {
        "label": "Voyage revenues",
        "verboseLabel": "Revenue"
       }
      }
     },
     "localname": "RevenueFromRenderingOfServices",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ConcentrationOfCreditRiskTableDetails",
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_RightofuseAssets": {
     "auth_ref": [
      "r159"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 3.0,
       "parentTag": "ifrs-full_NoncurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Right of use asset",
        "verboseLabel": "Right-of-use assets"
       }
      }
     },
     "localname": "RightofuseAssets",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative",
      "http://globusmaritime.gr/role/CommitmentsDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_SellingGeneralAndAdministrativeExpenseAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Selling, general and administrative expense [abstract]"
       }
      }
     },
     "localname": "SellingGeneralAndAdministrativeExpenseAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_ServicesExpense": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss": {
       "order": 2.0,
       "parentTag": "ifrs-full_ProfitLossFromOperatingActivities",
       "weight": -1.0
      },
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of expense arising from services."
       }
      },
      "en-us": {
       "role": {
        "label": "Services expense",
        "negatedLabel": "Voyage expenses",
        "totalLabel": "Total"
       }
      }
     },
     "localname": "ServicesExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfComprehensiveIncomeloss",
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VoyageExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_ShareIssueRelatedCost": {
     "auth_ref": [
      "r8"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of cost related to the issuance of shares."
       }
      },
      "en-us": {
       "role": {
        "label": "Transaction costs on issue of new common shares (Note 9)",
        "verboseLabel": "Share issue related cost"
       }
      }
     },
     "localname": "ShareIssueRelatedCost",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_SharePremium": {
     "auth_ref": [
      "r30"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_Equity",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount received or receivable from the issuance of the entity's shares in excess of nominal value."
       }
      },
      "en-us": {
       "role": {
        "label": "Share premium"
       }
      }
     },
     "localname": "SharePremium",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_SharePremiumMember": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for the amount received or receivable from issuance of the entity's shares in excess of nominal value."
       }
      },
      "en-us": {
       "role": {
        "label": "Share premium [member]"
       }
      }
     },
     "localname": "SharePremiumMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareBasedPaymentDetails",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates": {
     "auth_ref": [
      "r36"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The number of shares in the entity held by the entity or by its subsidiaries or associates. [Refer: Associates [member]; Subsidiaries [member]]"
       }
      },
      "en-us": {
       "role": {
        "label": "Number of shares in entity held by entity or by its subsidiaries or associates"
       }
      }
     },
     "localname": "SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "sharesItemType"
    },
    "ifrs-full_Ships": {
     "auth_ref": [
      "r51"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_NoncurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of property, plant and equipment representing seafaring or other maritime vessels used in the entity's operations. [Refer: Property, plant and equipment]"
       }
      },
      "en-us": {
       "role": {
        "label": "Vessels, net",
        "periodEndLabel": "Balance ending of period",
        "periodStartLabel": "Balance beginning of period"
       }
      }
     },
     "localname": "Ships",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition",
      "http://globusmaritime.gr/role/VesselsNet-ConsolidatedStatementOfFinancialPositionDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_SignificantInvestmentsInSubsidiariesAxis": {
     "auth_ref": [
      "r82",
      "r85",
      "r146"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Subsidiaries [axis]"
       }
      }
     },
     "localname": "SignificantInvestmentsInSubsidiariesAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPresentationAndGeneralInformationDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_StatementOfCashFlowsAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Statement of cash flows [abstract]"
       }
      }
     },
     "localname": "StatementOfCashFlowsAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_StatementOfChangesInEquityAbstract": {
     "auth_ref": [],
     "localname": "StatementOfChangesInEquityAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_StatementOfChangesInEquityLineItems": {
     "auth_ref": [],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Statement of changes in equity [line items]"
       }
      }
     },
     "localname": "StatementOfChangesInEquityLineItems",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_StatementOfChangesInEquityTable": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "Schedule disclosing information related to changes in equity."
       }
      },
      "en-us": {
       "role": {
        "label": "Statement of changes in equity [table]"
       }
      }
     },
     "localname": "StatementOfChangesInEquityTable",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-AuthorisedShareCapitalDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremium-CommonSharesIssuedAndFullyPaidDetails",
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative",
      "http://globusmaritime.gr/role/StatementsOfChangesInEquity"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_StatementOfFinancialPositionAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Statement of financial position [abstract]"
       }
      }
     },
     "localname": "StatementOfFinancialPositionAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_TaxExpenseOtherThanIncomeTaxExpense": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails": {
       "order": 6.0,
       "parentTag": "ifrs-full_AdministrativeExpense",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of tax expense exclusive of income tax expense."
       }
      },
      "en-us": {
       "role": {
        "label": "Greek tax authorities (note 19)",
        "verboseLabel": "Tax expense other than income tax expense"
       }
      }
     },
     "localname": "TaxExpenseOtherThanIncomeTaxExpense",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/AdministrativeExpensesDetails",
      "http://globusmaritime.gr/role/IncomeTaxDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_TopOfRangeMember": {
     "auth_ref": [
      "r151",
      "r152",
      "r154",
      "r165",
      "r184",
      "r209"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for top of a range."
       }
      },
      "en-us": {
       "role": {
        "label": "Top of range [member]"
       }
      }
     },
     "localname": "TopOfRangeMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_TradeAndOtherCurrentPayables": {
     "auth_ref": [
      "r21"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 2.0,
       "parentTag": "ifrs-full_CurrentLiabilities",
       "weight": 1.0
      }
     },
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]"
       }
      },
      "en-us": {
       "role": {
        "label": "Trade accounts payable",
        "terseLabel": "Trade accounts payables",
        "verboseLabel": "Trade and other current payables"
       }
      }
     },
     "localname": "TradeAndOtherCurrentPayables",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-LiquidityRiskDetails",
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition",
      "http://globusmaritime.gr/role/TradeAccountsPayableDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_TradeAndOtherCurrentReceivables": {
     "auth_ref": [
      "r19",
      "r28"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition": {
       "order": 1.0,
       "parentTag": "ifrs-full_CurrentAssets",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]"
       }
      },
      "en-us": {
       "role": {
        "label": "Trade accounts receivable"
       }
      }
     },
     "localname": "TradeAndOtherCurrentReceivables",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/StatementsOfFinancialPosition"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_TradeAndOtherPayablesAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trade and other payables [abstract]"
       }
      }
     },
     "localname": "TradeAndOtherPayablesAbstract",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "xbrltype": "stringItemType"
    },
    "ifrs-full_TypesOfRisksAxis": {
     "auth_ref": [
      "r170",
      "r174",
      "r175",
      "r210",
      "r211",
      "r212",
      "r214"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the members in the table and the line items or concepts that complete the table."
       }
      },
      "en-us": {
       "role": {
        "label": "Types of risks [axis]"
       }
      }
     },
     "localname": "TypesOfRisksAxis",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"
     ],
     "xbrltype": "stringItemType"
    },
    "ifrs-full_TypesOfRisksMember": {
     "auth_ref": [
      "r170",
      "r174",
      "r175",
      "r210",
      "r211",
      "r212",
      "r214"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for all types of risks. It also represents the standard value for the 'Types of risks' axis if no other member is used."
       }
      }
     },
     "localname": "TypesOfRisksMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/FinancialRiskManagementObjectivesAndPolicies-ForeignCurrencyRiskDetails"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived": {
     "auth_ref": [
      "r162"
     ],
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Total"
       }
      }
     },
     "localname": "UndiscountedOperatingLeasePaymentsToBeReceived",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Commitments-FutureMinimumLeaseRevenuesReceivableUnderNon-cancellableOperatingLeasesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_UndrawnBorrowingFacilities": {
     "auth_ref": [
      "r122"
     ],
     "crdr": "credit",
     "lang": {
      "en": {
       "role": {
        "documentation": "The amount of undrawn borrowing facilities that may be available for future operating activities and to settle capital commitments. [Refer: Capital commitments]"
       }
      },
      "en-us": {
       "role": {
        "label": "Undrawn borrowing facilities"
       }
      }
     },
     "localname": "UndrawnBorrowingFacilities",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/CashAndCashEquivalentsAndRestrictedCashDetailsNarrative",
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_WagesAndSalaries": {
     "auth_ref": [
      "r68"
     ],
     "calculation": {
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails": {
       "order": 1.0,
       "parentTag": "glbs_OperatingCosts",
       "weight": 1.0
      }
     },
     "crdr": "debit",
     "lang": {
      "en": {
       "role": {
        "documentation": "A class of employee benefits expense that represents wages and salaries. [Refer: Employee benefits expense]"
       }
      },
      "en-us": {
       "role": {
        "label": "Crew wages and related costs"
       }
      }
     },
     "localname": "WagesAndSalaries",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/VoyageExpensesAndVesselOperatingExpenses-VesselOperatingExpensesDetails"
     ],
     "xbrltype": "monetaryItemType"
    },
    "ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16": {
     "auth_ref": [
      "r163"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "The weighted average lessee's incremental borrowing rate applied to lease liabilities recognised in the statement of financial position at the date of initial application of IFRS 16. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment."
       }
      },
      "en-us": {
       "role": {
        "label": "Incremental cost of borrowing"
       }
      }
     },
     "localname": "WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/BasisOfPreparationAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "xbrltype": "percentItemType"
    },
    "ifrs-full_WeightedAverageMember": {
     "auth_ref": [
      "r151",
      "r152",
      "r154",
      "r184",
      "r209"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "This member stands for an average in which each quantity to be averaged is assigned a weight that determines the relative effect of each quantity on the average."
       }
      },
      "en-us": {
       "role": {
        "label": "Weighted average [member]"
       }
      }
     },
     "localname": "WeightedAverageMember",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "ifrs-full_WeightedAverageShares": {
     "auth_ref": [
      "r90"
     ],
     "lang": {
      "en": {
       "role": {
        "documentation": "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."
       }
      },
      "en-us": {
       "role": {
        "label": "Weighted average number of shares \u2013 basic and diluted"
       }
      }
     },
     "localname": "WeightedAverageShares",
     "nsuri": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
     "presentation": [
      "http://globusmaritime.gr/role/EarningslossPerShareDetails"
     ],
     "xbrltype": "sharesItemType"
    },
    "srt_MinimumMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Minimum [Member]"
       }
      }
     },
     "localname": "MinimumMember",
     "nsuri": "http://fasb.org/srt/2021-01-31",
     "presentation": [
      "http://globusmaritime.gr/role/Long-termDebtNetDetailsNarrative",
      "http://globusmaritime.gr/role/TransactionsWithRelatedPartiesDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    },
    "srt_RangeAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Statistical Measurement [Axis]"
       }
      }
     },
     "localname": "RangeAxis",
     "nsuri": "http://fasb.org/srt/2021-01-31",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "stringItemType"
    },
    "srt_RangeMember": {
     "auth_ref": [],
     "localname": "RangeMember",
     "nsuri": "http://fasb.org/srt/2021-01-31",
     "presentation": [
      "http://globusmaritime.gr/role/ShareCapitalAndSharePremiumDetailsNarrative"
     ],
     "xbrltype": "domainItemType"
    }
   },
   "unitCount": 5
  }
 },
 "std_ref": {
  "r0": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "10",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r1": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "102",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_102&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r10": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "112",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_112_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r100": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "40",
   "Paragraph": "32A",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2021-en-r&anchor=para_32A&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r101": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "40",
   "Paragraph": "75",
   "Subparagraph": "f",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2021-en-r&anchor=para_75_f&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r102": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "40",
   "Paragraph": "76",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2021-en-r&anchor=para_76&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r103": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "40",
   "Paragraph": "79",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2021-en-r&anchor=para_79_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r104": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "40",
   "Paragraph": "79",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2021-en-r&anchor=para_79_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r105": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "41",
   "Paragraph": "50",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=41&code=ifrs-tx-2021-en-r&anchor=para_50&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r106": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "41",
   "Paragraph": "54",
   "Subparagraph": "f",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=41&code=ifrs-tx-2021-en-r&anchor=para_54_f&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r107": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "10",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_10&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r108": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "16",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_16_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r109": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "17",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_17_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r11": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "117",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_117_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r110": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "17",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_17_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r111": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "17",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_17_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r112": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "17",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_17_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r113": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "17",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_17&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r114": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "18",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_18_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r115": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "20",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_20_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r116": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "20",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_20_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r117": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "20",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_20_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r118": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "20",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_20&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r119": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "31",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_31&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r12": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "117",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_117&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r120": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "39",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_39&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r121": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "45",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_45&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r122": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "50",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_50_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r123": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Paragraph": "50",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_50_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r124": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "7",
   "Section": "A Statement of cash flows for an entity other than a financial institution",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&doctype=Illustrative%20Examples&dita_xref=IAS07_IE_A__IAS07_IE_A_TI",
   "URIDate": "2021-03-24"
  },
  "r125": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "8",
   "Paragraph": "28",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=8&code=ifrs-tx-2021-en-r&anchor=para_28&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r126": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "1",
   "Paragraph": "24",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2021-en-r&anchor=para_24_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r127": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "1",
   "Paragraph": "24",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2021-en-r&anchor=para_24_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r128": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "1",
   "Paragraph": "32",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2021-en-r&anchor=para_32_a_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r129": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "1",
   "Paragraph": "32",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2021-en-r&anchor=para_32_a_ii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r13": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "136",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_136&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r130": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "12",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_12_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r131": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_12_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r132": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "19B",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_19B_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r133": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "19B",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_19B_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r134": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B10",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r135": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B12_b_i&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r136": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B12_b_ii&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r137": {
   "Clause": "iii",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B12_b_iii&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r138": {
   "Clause": "iv",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B12_b_iv&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r139": {
   "Clause": "ix",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B12_b_ix&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r14": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "138",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_138_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r140": {
   "Clause": "v",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B12_b_v&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r141": {
   "Clause": "viii",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B12",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B12_b_viii&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r142": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B13",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B13_a&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r143": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B13",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B13_d&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r144": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B13",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B13_e&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r145": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B13",
   "Subparagraph": "f",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B13_f&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r146": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "12",
   "Paragraph": "B4",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B4_a&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r147": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "13",
   "Paragraph": "93",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_93_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r148": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "13",
   "Paragraph": "93",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_93_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r149": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "13",
   "Paragraph": "93",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_93_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r15": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "138",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_138_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r150": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "13",
   "Paragraph": "93",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_93&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r151": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "13",
   "Paragraph": "B6",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_B6&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r152": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "13",
   "Paragraph": "IE63",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_IE63&doctype=Illustrative%20Examples",
   "URIDate": "2021-03-24"
  },
  "r153": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "13",
   "Section": "Disclosure",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IFRS13_g91-99_TI",
   "URIDate": "2021-03-24"
  },
  "r154": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "14",
   "Paragraph": "33",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=14&code=ifrs-tx-2021-en-r&anchor=para_33_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r155": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "15",
   "Paragraph": "120",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2021-en-r&anchor=para_120_b_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r156": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "47",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_47_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r157": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "53",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_53_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r158": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "53",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_53_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r159": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "53",
   "Subparagraph": "j",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_53_j&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r16": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "35",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_35&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r160": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "53",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_53&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r161": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "94",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_94&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r162": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "97",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_97&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r163": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "16",
   "Paragraph": "C12",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&anchor=para_C12_a&doctype=Appendix&subtype=C",
   "URIDate": "2021-03-24"
  },
  "r164": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "2",
   "Paragraph": "44",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_44&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r165": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "2",
   "Paragraph": "45",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_45_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r166": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "2",
   "Paragraph": "47",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_47_a_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r167": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "3",
   "Paragraph": "B67",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2021-en-r&anchor=para_B67_d&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r168": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "5",
   "Paragraph": "33",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=5&code=ifrs-tx-2021-en-r&anchor=para_33_b_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r169": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "13C",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_13C&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r17": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "51",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_51_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r170": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "21C",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_21C&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r171": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "22A",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_22A&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r172": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "23B",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_23B_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r173": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "25",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_25&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r174": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "33",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_33&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r175": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "34",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_34&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r176": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "35H",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_35H&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r177": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "35I",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_35I&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r178": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "35M",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_35M&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r179": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "35N",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_35N&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r18": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "54",
   "Subparagraph": "g",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_54_g&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r180": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "39",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_39_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r181": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "42E",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_42E_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r182": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "42I",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_42I&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r183": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "6",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_6&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r184": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "7",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_7&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r185": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "8",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_8&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r186": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "B11",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_B11&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r187": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "B35",
   "Subparagraph": "g",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_B35_g&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r188": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "B35",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_B35&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r189": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "B52",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_B52&doctype=Appendix&subtype=B",
   "URIDate": "2021-03-24"
  },
  "r19": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "54",
   "Subparagraph": "h",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_54_h&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r190": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Paragraph": "IG31A",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_IG31A&doctype=Implementation%20Guidance",
   "URIDate": "2021-03-24"
  },
  "r191": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "7",
   "Section": "Defined terms",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&doctype=Appendix&subtype=A&dita_xref=IFRS07_APPA_TI",
   "URIDate": "2021-03-24"
  },
  "r192": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "23",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_23_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r193": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "23",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_23_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r194": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "23",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_23_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r195": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "23",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_23_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r196": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "23",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_23&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r197": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "28",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_28_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r198": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "28",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_28_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r199": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "28",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_28_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r2": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "103",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_103&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r20": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "54",
   "Subparagraph": "i",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_54_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r200": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "28",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_28_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r201": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "28",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_28_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r202": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "32",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_32&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r203": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "33",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_33_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r204": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "8",
   "Paragraph": "34",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_34&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r205": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Number": "9",
   "Paragraph": "7.2.34",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=9&code=ifrs-tx-2021-en-r&anchor=para_7.2.34&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r206": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "109",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_109&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r207": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "109A",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_109A&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r208": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "113",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_113_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r209": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "120",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_120&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r21": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "54",
   "Subparagraph": "k",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_54_k&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r210": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "124",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_124&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r211": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "125",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_125&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r212": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "127",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_127&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r213": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "128",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_128_a_ii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r214": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "128",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_128_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r215": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "132",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_132_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r216": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "17",
   "Paragraph": "C32",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&anchor=para_C32&doctype=Appendix&subtype=C",
   "URIDate": "2021-03-24"
  },
  "r217": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective 2023-01-01",
   "Number": "9",
   "Paragraph": "7.2.42",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=9&code=ifrs-tx-2021-en-r&anchor=para_7.2.42&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r218": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective on first application of IFRS 9",
   "Number": "4",
   "Paragraph": "39L",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2021-en-b&anchor=para_39L_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r219": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Effective on first application of IFRS 9",
   "Number": "4",
   "Paragraph": "39L",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2021-en-b&anchor=para_39L_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r22": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "55",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_55&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r220": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Expiry date 2023-01-01",
   "Number": "4",
   "Paragraph": "37",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2021-en-b&anchor=para_37_a&doctype=Standard&book=b",
   "URIDate": "2021-03-24"
  },
  "r221": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Expiry date 2023-01-01",
   "Number": "7",
   "Paragraph": "37",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_37_b&doctype=Standard&book=b",
   "URIDate": "2021-03-24"
  },
  "r222": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Expiry date 2023-01-01",
   "Number": "7",
   "Paragraph": "IG29",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_IG29_a&doctype=Implementation%20Guidance&book=b",
   "URIDate": "2021-03-24"
  },
  "r223": {
   "IssueDate": "2021-01-01",
   "Name": "IFRS",
   "Note": "Expiry date 2023-01-01",
   "Number": "7",
   "Paragraph": "IG29",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_IG29&doctype=Implementation%20Guidance&book=b",
   "URIDate": "2021-03-24"
  },
  "r224": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12"
  },
  "r225": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r226": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r227": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-23"
  },
  "r228": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r229": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "g"
  },
  "r23": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "61",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_61_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r230": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12, 13, 15d"
  },
  "r231": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r232": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r233": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d"
  },
  "r234": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r235": {
   "Name": "Form 10-K",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "310"
  },
  "r236": {
   "Name": "Form 10-Q",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "308",
   "Subsection": "a"
  },
  "r237": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f"
  },
  "r238": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f"
  },
  "r239": {
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-1"
  },
  "r24": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "61",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_61&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r240": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "405"
  },
  "r241": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "405"
  },
  "r242": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  },
  "r243": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2"
  },
  "r25": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "66",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_66&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r26": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "68",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_68&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r27": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "69",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_69&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r28": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "78",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_78_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r29": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "78",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_78_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r3": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "104",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_104&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r30": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "78",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_78_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r31": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "78",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_78&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r32": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "79",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79_a_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r33": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "79",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79_a_ii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r34": {
   "Clause": "iii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "79",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79_a_iii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r35": {
   "Clause": "iv",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "79",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79_a_iv&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r36": {
   "Clause": "vi",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "79",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79_a_vi&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r37": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "79",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r38": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "79",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r39": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "81A",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_81A_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r4": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "106",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_106_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r40": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "81A",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_81A_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r41": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "81A",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_81A_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r42": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "82",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_82_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r43": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "82",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_82_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r44": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "85",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_85&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r45": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "91",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_91_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r46": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "98",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_98_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r47": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "99",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_99&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r48": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "IG6",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_IG6&doctype=Implementation%20Guidance",
   "URIDate": "2021-03-24"
  },
  "r49": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "10",
   "Section": "Disclosure",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=10&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS10_g17-22_TI",
   "URIDate": "2021-03-24"
  },
  "r5": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "106",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_106_d_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r50": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "12",
   "Section": "Disclosure",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=12&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS12_g79-88_TI",
   "URIDate": "2021-03-24"
  },
  "r51": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "37",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_37_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r52": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "37",
   "Subparagraph": "h",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_37_h&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r53": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r54": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r55": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r56": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73_e_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r57": {
   "Clause": "v",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73_e_v&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r58": {
   "Clause": "vii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73_e_vii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r59": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73_e&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r6": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "106",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_106_d_ii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r60": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "73",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_73&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r61": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "75",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_75_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r62": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Paragraph": "75",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&anchor=para_75_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r63": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "16",
   "Section": "Disclosure",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=16&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS16_g73-79_TI",
   "URIDate": "2021-03-24"
  },
  "r64": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "19",
   "Paragraph": "139",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2021-en-r&anchor=para_139_a_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r65": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "19",
   "Paragraph": "140",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2021-en-r&anchor=para_140_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r66": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "19",
   "Paragraph": "142",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2021-en-r&anchor=para_142&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r67": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "19",
   "Paragraph": "147",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2021-en-r&anchor=para_147_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r68": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "19",
   "Paragraph": "9",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2021-en-r&anchor=para_9&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r69": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "2",
   "Paragraph": "36",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=2&code=ifrs-tx-2021-en-r&anchor=para_36_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r7": {
   "Clause": "iii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "106",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_106_d_iii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r70": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "2",
   "Paragraph": "36",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=2&code=ifrs-tx-2021-en-r&anchor=para_36_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r71": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "2",
   "Section": "Disclosure",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=2&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS02_g36-39__IAS02_g36-39_TI",
   "URIDate": "2021-03-24"
  },
  "r72": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "21",
   "Paragraph": "52",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=21&code=ifrs-tx-2021-en-r&anchor=para_52_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r73": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "23",
   "Paragraph": "26",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=23&code=ifrs-tx-2021-en-r&anchor=para_26_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r74": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "24",
   "Paragraph": "17",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&anchor=para_17_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r75": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "24",
   "Paragraph": "17",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&anchor=para_17&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r76": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "24",
   "Paragraph": "18",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&anchor=para_18&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r77": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "24",
   "Paragraph": "19",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&anchor=para_19&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r78": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "24",
   "Paragraph": "21",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&anchor=para_21_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r79": {
   "Clause": "vi",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "26",
   "Paragraph": "35",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=26&code=ifrs-tx-2021-en-r&anchor=para_35_b_vi&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r8": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "106",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_106_d&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r80": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "27",
   "Paragraph": "16",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2021-en-r&anchor=para_16_b_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r81": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "27",
   "Paragraph": "16",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2021-en-r&anchor=para_16_b_ii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r82": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "27",
   "Paragraph": "16",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2021-en-r&anchor=para_16_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r83": {
   "Clause": "i",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "27",
   "Paragraph": "17",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2021-en-r&anchor=para_17_b_i&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r84": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "27",
   "Paragraph": "17",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2021-en-r&anchor=para_17_b_ii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r85": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "27",
   "Paragraph": "17",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2021-en-r&anchor=para_17_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r86": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "32",
   "Paragraph": "IE33",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=32&code=ifrs-tx-2021-en-r&anchor=para_IE33&doctype=Illustrative%20Examples",
   "URIDate": "2021-03-24"
  },
  "r87": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "33",
   "Paragraph": "66",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_66&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r88": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "33",
   "Paragraph": "67",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_67&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r89": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "33",
   "Paragraph": "70",
   "Subparagraph": "a",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_70_a&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r9": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "1",
   "Paragraph": "106",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_106&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r90": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "33",
   "Paragraph": "70",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_70_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r91": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "33",
   "Section": "Disclosure",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS33_g70-73A_TI",
   "URIDate": "2021-03-24"
  },
  "r92": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "36",
   "Paragraph": "126",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=36&code=ifrs-tx-2021-en-r&anchor=para_126&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r93": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "36",
   "Paragraph": "127",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=36&code=ifrs-tx-2021-en-r&anchor=para_127&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r94": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "36",
   "Paragraph": "130",
   "Subparagraph": "b",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=36&code=ifrs-tx-2021-en-r&anchor=para_130_b&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r95": {
   "Clause": "ii",
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "36",
   "Paragraph": "130",
   "Subparagraph": "d",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=36&code=ifrs-tx-2021-en-r&anchor=para_130_d_ii&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r96": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "36",
   "Section": "Disclosure",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=36&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS36_g126-137_TI",
   "URIDate": "2021-03-24"
  },
  "r97": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "37",
   "Paragraph": "86",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=37&code=ifrs-tx-2021-en-r&anchor=para_86&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r98": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "38",
   "Paragraph": "118",
   "Subparagraph": "c",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=38&code=ifrs-tx-2021-en-r&anchor=para_118_c&doctype=Standard",
   "URIDate": "2021-03-24"
  },
  "r99": {
   "IssueDate": "2021-01-01",
   "Name": "IAS",
   "Number": "38",
   "Paragraph": "118",
   "Subparagraph": "e",
   "URI": "http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=38&code=ifrs-tx-2021-en-r&anchor=para_118_e&doctype=Standard",
   "URIDate": "2021-03-24"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>103
<FILENAME>0001104659-22-044646-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001104659-22-044646-xbrl.zip
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ML2+)LT(PD_-<Q-B6(L9A$HZ51$PC'J I8QHQ8[EVXU8&)"(0QO!L1D-B?B,
MO:4U3;T6\U!X#'LJ8AS:A$8$,@N*&.,2S(<IH<C8="R#,3,%?<P78%.1">86
M(0]B:93@H4Q&;"KS,3PTJ0BLA;1N"MMT"#\GF!:R(1V%>1Q^E<2_?6+B!8MD
M@LA2EA:1])!UC$=WMM0ODPA'AN<2"\DD4$6(19&MI;!Y2+7,U(RE"#8!A0"D
MU ()90X,N[-UO0:TA9)6]FA(H3 "Z=?(D=W/6(,";L8L4GIJYMC0<4H Y=3B
MK(:-WE)^367*BJV_2HK_V"C%_B(:;WY[WVZ].\"!<ADLF9[.@8XBB<<MLVUC
M-6 \$S8G"+$<*D'18P) &"IIQC2#AL7@ >(">@ZE"90V128L0V1:N=RDF0Y$
MB&;#MI"-4""Y+N3]VP#E9R100''XK@J%(:VW?*>UOR6<&:W]T#VY1TGE.@%8
MR@T8G= E'+KTD3$/[,16-HKN;!1M;]=KY.D="*&?ZL8+U4*_TSWKL^/^V=EE
MI]<;G'_ZV&@V[//U9>>X>OYKT/-//S9:S>;OC<?NOI/KU&*I?!SJ/->Q6P$B
MR+^J%IX0+@*N*IV$>0VK+WO5B*D,\W&%0PC.WM%#G5M\^W[_L@3[NS $P<91
M3Q@T(%V6NW\,)H_J2L +L_D4^%&O#06 46[E2H8N,JP 4IA(8WD&94 D=B&2
M0 N*6J:Y3"AND5;6C!(L7LE_U"-!5;#$: 5EE5LSAT:&$DH"YM=KX!LJ299W
M$UH',@.UQAY-8PN3I25M!,S)P8'D=,HI-87BQ*7PRIJPJ%F8X2K@<N7&?T-!
M T%XF&_%"V5DS[^B#\+?ZX#B\#%0W)AT5A#Y@YGUVH*OD/W-@ DT3V1(U,R-
M3C@Q,S? *FD@-(YX%E:0 $0E'THE\QE5Q74T2><#0^LUAPP'[3MCET24K0"W
MI4MID:5 IK%U/ AT%EH+K)P:B03560&@Z!$I09^&0"LZ$.*(R!0<_%IA&&P&
MP_Z$J\(2!V531!'DD9P@MN:^RJGJ^B8<Z!X7PN>NR"?(828HS#AQ-=1%_O#^
MF] TGX\6)!VC]1+[KAG#2I;:<R1<(&#0 :W^2E$3;DA>+B4KHM9>UTH59'M6
MT;.YO**Z"!$9!$5&Z5NM0W?N3N+>%=M6U3$W\\I*3&'A)4)+HM;HDM]FN//=
M"%7>#>^-]QQ[/=J1[^'IV>7Z_DO*=?MB(ZQR[RU.$)WH6)L<3M/KKJ7#1&?Q
M)XH;B:=UJ.%0.[G.3%5,7 ,-PZ4_%^(AKAIJU"KJ#"5,LRML(?< D"'FP3>I
MK0I7XI]"PG+R("J2P%[]MI]'D:]-UO\B?1VY='!C)XDB@3Z.5- 5*Y "6"DK
MRUPK3P6_H4KA%(*M%5;<V+=!U>7]003B$K:&=9RR=1?3->S 0\PT8DX.:U%7
M"2*,!^H@6SQ7K SR8(H809?_"NN*VW?9DB7]_YH+T88JNH-Z$V4@ P^)$Y;
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M*79E75C4+,QP%7"Y<N._H:"!(#S,M^*%,K+O7],'X>_G@.+P,5#<FG36$/G
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MIF<PN# %+]WO[D?[Y4_U_P)02P,$%     @ LX"+5/Z;! @'!   _ X   X
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M+F7:^8X??+V/M.V6?7VQ3;3S$V!G 'R&PG>(XAT57UJ+U]I_ %!+ P04
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M:'E7-1 @*>F22ZN*TH"L>7_;P%462]"^LTWJ#)K$"7:Z4&?#E=*]-0P<)Y8
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M\*EQ4V4 N)9>;/[K(5Z=>$'DI&3MO6>N#R8^C4H0^%S#AXKC@9MG>7?U2/5
M[SY W1N5\I,_3X/>Z7E__^B0E/3^\?[)Z8>3T_N7D[6L!Q'O('<$9  :=3)=
MK%3S+M,A;"]G@:>4X3\B:K7K ,6W; =O62D(K>@M]-#UNL2[R5_@W=X6KFA
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M0[QRBT1Q;14_YET771FFJ[K!OB;.]0A91W]9Q99:6GJM?HM:G>O4Z& AYWF
M!Z??8&#,<+@MJH,9UNND2-=-PR*%4\EJ>T7GT7]D6?HZQ>]VP[=%05IHO988
M%Q'#'>I-I[F*"Y4\OOCN%[QEJWOE/G/2LT8-(@RRT"Q0A$5,/-S#EP \B2)]
MA]%;(04[;<8H*2,JJ4->%V&E!5W2A$0S_%FZ<7;BG_G[H::^@VKF^Z"Q'60
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MP?P?0?R4I2>-)>;/B1]8!I03Z!39DM<%_P@L7VF4:^5:HW&21U/-(GR5F8G
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M::@+R4,4T[UCJ"P%#<E#$(D5]I'YJ:?>CO)&%^E9;ZR8T;9(\TV20 \CXK6
M)5[KVR+VSPR%B=_1!)*4$Z49O_)Z61:)TZ@%SB*>IUV8*&>IS_%H:"T;6.L&
MUZH-L^E,K3E8FW;*;O$)?%OMF9WF3R<U?QJUTPW[ZOBXNF(C%<JQ:?X]YCVI
M5I3B&7>A2A27JTVNBXYM:=Z8(?A;&J,)98+$*.WXRQIJK?9?J&C97+-6*RZI
MJI[(*E-2::I-C.ZYP2W7YY[X/U!+ P04    " "S@(M4SS=%R%P5!0 \^2<
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MUV$ 2QGWKCU8Y6/?.?L[<;OX: TDN?69OFM"7]_C9C/I) 364]$%2+IV##?
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MW(G;MN>VX7%_P<'AMGKR0]='=DR7;;W_/_^[=E!]]_/K[OO2,=<G&K/^SJ;
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MPNGG@Z/][(N+[)W,[3)RG+3@K\Z>[&:\N8$K:('<F*V<94?6;5<T,5_)L5P
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M8XO"+8NT7A!%0HO=8IL1"\ODT$X-1X9:,Z*6XE-X? +;0P$FXVML=Z3P"D.
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MPU%33/7GLI4_C<+$1\?VD]!:%[>$X*Q$,IQ3$^34_L2J=!RZW\G(%83?-S>
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M/QWWV"<A;[N\-SIZV5,5 --ATP:H>6%D36+<Y6*4K(5JR2N7 @OCZ]Y)+DV
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M=>[]1=.^4; JTZ&CL?*I>CDNNJ02H"3MGF@5YWERG.-PCPYQY)P%#Y$O!'[
MX9OG[2DV9?Y6LS9Z:A0JQ(43W:HRDK;QA.K,B(",P^NOM45=7-"$H.5LM1TE
MTOW(Z80[JWW3[+A!))(<^>'!;I)<&@4]O*YA543Z^N;M<'IJ$*>'7Z 8LBPK
MYM74"*\;?$X>P\TH3JO3H:TQO<)"#2?D[5D.T;M"D>%P/XE*/$)2<$:FY,FT
M-[-1IS@?X$A(7ATU/G>#[,H+P,_9E'UAP^=A:CI0^EF*+,2#9N\)7(N[X]VE
MYZ/D47+ 1M>@0*))%)ZYITO<2E!S"V?@=LSQ/AOK+N#O0701J%$"4($?=M[4
M!=:M,T2!V?\.#/V=R)4I.EJ.0$,BT/NZ[$@$<.3HFV-W#Q\M?&EX\E?.'IZ7
MQ86NF1MZLNZ3T6^P"C0LFL32F.][OT_:5.ND@E#)2KQQ;ZYA;H,I/SQ8L8^6
M Y'FV .+FU<W-8!6A(;#M?]WVW!T%7ZBO_VE9K'W!QW_;^Q,&<-?Y&QS 2H/
MM^P3KI$^=R??10X,LO/^65 ,S2?3]X/MAIT7W8U/S6*H95GH>2-*S'I@(A3Q
MT6L T[D 8^6>-C[\DN$S/YU#!TT9=[!(26(;]CE/WA$<(@EO4V^#@KTZX/'1
M.D8H6$&IM!K)&*805S+B\GKJ0X0BB<0Z NSU)7E!>$3ZDG%H7XXD-Z.N?0_O
M( *"XV(O8YD$#-A</LS#1L!7J!W!5..D3Q[!W6>T6F.0 *9[X>(_HA4U\D)J
M 8?W)>Y*IK-[[.P%A8?49OM8PTV*N_O*N:2JZ=-L8*B&6DHCTM_%,*K8T<A\
M3W[BR5/WV0?7BSWGK1'6LSA5QT) *BOKW! M/0_8W00 %91)7=HIR>:@>-G(
M3HO8![CR!N4KD,^[F-LJCZW[@AZYM18*SYI:PF,LK7!E0V:G2%+=8CPKO184
MZGI6VC[.WB>N^,F58_MCOO5@A8&@P-&8JAEREXY$M'+%.GEE5J";&LB8LG4G
M*AU1;,>_UZ]%_@9C)ALZUE$V6]#AZ)NG[F]T*<&[:U =V88T$39%G..CA52P
MK")$WV_M4(#=_6BW1OM-2\K%D!/09\GQFO.<158MN$E5;E/E\\*;4(U^G;/0
M-^LPO*$41ZTX9SLAV+0-79AAM,8-#.Z(Z8J:1BLJZ)VQ4V@E-C^]H^5KO"UD
MBJA\4U3E62,R';'*S\X3GQ9X1\U.Q)M!_4]T:HCQRYDG2H6ZW!=634E5K_I-
M.VSZ]V) KE[C=]71Q:2*]G!Y>>UBG@\ZR"%]6+J%$_([. D&#@W/<S?OMGKS
MKJE]+NLTS0D=.4M8-3XME(><G-#-D#@%SGM^WK1![(YGB$K%/7=F'4CR(N@N
M00%&E-6WP3H)^ B)+>O.4<'LDL+L0WUDK[80]%LDVNS]$7U1XAUA &K*_"%:
MC))B<O(R_UC$"7@>5&(:1!DESFHAG?A^UM&?H(9S56'Z\;XPO2],7U.8?K(O
M3.\+TW^J_,C/I$9:GT9(9)AP9^(WU=!=J1JK23X%X;NQ:[?(K%&B50X#8>;,
M$N(ZA"="7;>0U)YWY,.UO/=C140X=5K:I')D>"@IB/@D=>W>,5L6%X<'VR+7
M[!ED$W$8!H*$H")+K%C9#SVB:IS8GAN!)_VH'*+>UBAZD3(8H'?LL]L)8>!-
M6+8@3E^0^V*1>"0Z&+@W!L[\E)@GPQ@WS-?0%[%0O]?&;Y7<U1HNG$5%9U\^
MLUU49/3721U$\6]K)$&<'Y(JM(:PQ#IC1W&8#A ?8S+(PU5&HY'VB"QC3TT?
MB8 _)(WC+TH].FT1/$7*.B6+\TQP.EJ)K.E(=MB%Z>SIK57_.#CO(1P;M5M.
MC:!5:D4Q%;[V0OGBJ0L7EQ%#HK@5RCOFQ14@B:@&,;&ZF_91FTFWI:47(6A\
M,6_/7FL_F6MW67'^HG'E_"!H6Z!\^J6ZR" &](K-L=@R(Y9B40YK^3F=!R])
MZ<Z"(V$*,-'D0NY\Z<-C/,+3,]Q9MCPQ,9TD-NC0\V,QD,H_-&T7Y^>OQUU>
M@VH7IW>:>R0$I'P"CWY/0+WX;=A8Q%R4R+6=#GV\C#KWHH6VEM]S=_GG"-80
MF=&P46:C5=*$0HBDT6(&Q8TE02XU$N^QAV$_VW\DS1]7M_1XM/V>%%QA8@1
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M+Q-KWQWJ\K>A4%\Y^Y5%AC$J61&==/3*'C MKUC(TRF/:+&C $XE3G)>_/!
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M#!E+=?*QW78VL.O?3'?X=TB#)CM*FO$FNF1"$Y1D5-KU3M30*<^L[F*4N*I
M#4MBU"!]Y\S&_3;=OUY3%?<8 I@"J7TK FM<P,8E)BO7:KQ5J%:,8>M1!Z.T
MWP70G@,!9%K^Q!$^XA#QV-5USF0=V<6 .E-D'MP@>E>X$5PU\ZA&WE#TYG(S
M.&1M*;TD$SX *R:R^2U?UP^ I-E]4I\GIJ+-/3I,;NBY:-$&"&D#ZW^=\-5
MI#8%>0G= .K/C>K'*,*'<83/0D86VF"?DXG$*FA!<$W3[:!S+\P9RVDVU%G,
M=Z%'%<W2.*S'MP=I,L)VI,4O%M[H&/<&O2\%/(2.M# F)'<NQ[VWX[ZD2\8C
M6+WV!K7U;*JT;F2[;(Q.=;9.$^E0KL:99)_$BY\1RBD^JC/FQ#?B 9L:<R2F
MV)D7>?M,5*T[$<O$Y>GH)'_"4,)OI?^\+M!LXR<J(JU. 39YUS7STMKQ^K.6
M[G4DE2?S,('(2<L;/;:<+_\+V^7N-*E?U\BP+T1=QXTFTE90"(O; HNW+D*0
MWM_08#K!6K:[9&58$CYG4KCP@;>7KG'5Q8YA"!"U3ISV$*OXWH)1F*,@A2M@
M"I*AV095F:8+=YU,[5\'7XC$]C16B_'$^AQ <]7S^Y[ANA$,X?,]#&$/0[@&
MAO!T#T/8PQ#^))HBMUP2T.I&4H[W%7<,>%IQAWSB?)YW'INJ/IG!ZILKOXTD
M:SW.L<89^C@5FVN7#>,QG^<'L5Y1*TNP\X</#[Z;OM4M80+D)(V1 5D*#&#K
MBR(#9@EBP#US7K;=57 !X5Q(<X:Y%CYD"&Z(('"_1U]2TIJ7>3U4OFKF$069
M!"BF)3I[K]""?:O)OM7D#E$5=P=?\'2[F@B+ KKE4&N#.](,2A9[>2.#BV5.
MN\ ,SQ]]OH';K:@9>KD=0^+8+H3V&O^N(9!@Z1>W8]<?3]M*WOH0$Z(G IA3
MB'R0IJ2N)SLS).4;R' 3I7"-834"/BLW"GN8#(!IC7_\/_EZ\\7+61(-SR)5
MS3<U(G%GM/63,G_N8$I^YFNL!Z2 XD.*?[K@/K6H? VE!J(BP(,097&TI*14
M#U)^U"Y_=QG[OG1D"K#%1>?DLLJ39V/KI==+VGTH23=H'B9?K5HRK;NOU.30
MEOH=;^95'9*D%V$#QF3E[G><O> B13$9T6VY\/.0WL'7,#5;,<I3X%H1?;W]
M53JV=_(I0AT7FN6Q)]'FHN+VNS?-U7U0$9%^9X^Y.ZA^QL3+3?_5\A(L9XHY
M#@L5K &3;QBX,W;N[*<\75RLXD@FQ"P(?:5D/ECEXI\"EXA;INP,JV%J<BDI
M;)LA,RW:=.$@'6O9'VB+4:T,N5Z9@O/2R(ZM:S@Z<Z2P$29I-#4L46@B+.E3
M'E&I2_?YO:$ >?>S(S0T!XGZJ.B%<@4"P$**[ZT@,% K;'O/I<_?@;90Y*GZ
M;<SP_9&<#"^G52G*+AY,M.%#(=G&04Y> 7IU\0!K_49@%J'"&&/WZ*>ZX+NL
M3<BO-SB;:A35W1&>@\F[#; >K#1-3")6>IVD_(L@;&QT1*@)JHYU;VK&26M5
MBL73^N@,OKVO\[8!HF>HGZHXWVI!4\<!Y.RQ,+//7@;LG7D6@_2OE5T6<!]G
MHOAG+.J3J]: '>1+2;:^CPV([Y!S/28_TH;()(-_P[O1"=^]I62&QYH8II)@
M_.VF;;%-A*CG(NW1%K[DX2<\0C(0PB#Z500;K#<$%SCKIMV,A.4$"?@$$39!
ME7A]A]H[%D:O:D^[5>L:^^AW[:G_5';4^ 3"!WI2"B#8.6"(;1=RF(_%5GZ#
M=Z:F? 3Z(L<'SF;I96G=8NQG2JL#/V69A)Q28#MOMD22!3K4<JG$&P1OM")9
M4+$U9N&LTW$6VFBD4URZRSD+] XB(A(9=.<WB'UD<*IN:$1S"ES;IND5\'><
M_0(&.>?D!"QR>'"Y+I@WZ+7&;)6Q7@ -@9&@&F&@.(I\4'"3-D!NN L&SEIK
MBI7%E+HM@*7X#M-,$<ED2HW7GSX?U.D\;PGKJ&4D(Z+9&VI)!N88R=<DW,R\
MJ!_<R]:VYSW28MS/_IN>?V1K%SD\H&Q!3'3"KE>E"RJZ$"LHCJ,9>D@)QFQ]
M,7QU530!>2Q?F=D]Y5#U4B>HIO%,6.7D6!3KI6WKKZ(6<1NT'PO<K1C6V=?T
MAG"_%XD(HIQJ>F'*_RA<E42U>:L 4_(OEL0>TA"X3Z3Z4.(LK"00E'^(K/!"
MH?2>!697?%C%',.1-@O3I4[R&L<#3CK;C%)D3:O64[)WR<RJ[Z",8FZHE<PQ
MJ0U2N*4S?LM&JO=NX2></5$>M!WF;PC$=SO@GJ>+GM]8Q]$K.!X>$ >=32DX
M1NS,DP*.=F8'<MTH+?'N,H<:Q;Z[SF%(+1*?]T>[Q0X/_AA!PL?6/':C$O33
M?0EZ7X*^I@3];%^"WI>@_P-*T!*;O5175C(N(&N2*'W*B04+J7FQ'V=C[(LP
M -072>B/+#Z#CSQX19.(U5\J *U 004Z5\2./7++((^LI)R"T28XT?<Y.C\4
M>%SW>Z\EF$W=Q4\:P8K7S-I4Z)'T-4B?ZZ+L-H,*X(DG'H</U(GMG*V [>A\
MPQ1S-?_EOL&_QTU>[(+U2RNP]>(8E/J(BV#:E>I_1!3;3/P;#>0Z_U?#+*JZ
MSPU*!.K325P8"TCO 'HU^I,FW+J(,U"C'JPP4I'286#!'Z7!I-"5.IP8BJVV
M^J%'T0W 3T/7X9^<(,L"0C_6??+_#:6;0,*@E^M  :9AAYP-OC^2P((^E .H
MS<MH7F'[T2U\C4@IIB[-2DT#!6*N>"@S*T]5E#$SYQA;!4/MWL W":I@:*UE
M;PUD :-^$0OF8N5!-E>2?E&N?';)2JF+5=.7X=E'JU=JN9L&HU0R.XU82FIG
MG 9K<Q'N/.F1/"WZBZ*H#P]DPG@)W[,YI<L;68GZO7*<L7/EX@KZA_ONO-_=
MP?:]\=NQDI>'5I>\%9F'*"+[.'*-/+RTKCDS/ELI<:X:\(-'&I5,X>=F.44C
M9*,?#@40+4:HX(2F[+"S^DIR=M).RF%V]ZI#&TJ,JI*KY.[GT,CM]9WD<T?-
MA2C$SL5T":W=4 N;.@Y+J&EBDTA9UK-#=,QE*8>BJ:'GD!%AKDYHTG-(BL_T
M0]@VN1\=?D*[38$&0 G+\R*86%A(DJ$+SSIHF)J)/H[>Q)=(8+ACX%]#6W8+
M;:R8&?@=[XM![(KB3<0<Z$N%2Y6@$*3\Z5:7JG#@^"Y-+>##E9]7[%.T/@V(
M;ZBD2&M2)FS%/K,ZR81NKD^+R.Z07(I0N2\*#F-&G1!+WAX>:(,?#NHZCUKI
M)]I./%M'JD4QH5 N."I('7>*0UB[AZ6A$_6Q2][J\*!B-^=Q]F,ES=6AM?ME
M7ZRSQ\=?'F??E>Y>"\O-F7+#3P;JX4GY\(N7D6:K]7I+:S+/?O<V] ?(#'F_
M347B_Y4J(C9:M)9Z)$]#8$0(.GXZRIUHO<."V*"YORIZU/>>[&P"G4P7;29-
MO\HGF]22?5.-^ZXY-92MBRV/2@;J0QEDJ%C8,YE!\C>(.&_0+[@0'0@FSBOE
M J/^$F0,T$^H>)/X).G= MM()Q7,6]M?,2:!&=6,)#9C:/#R_4K22B=V+E9<
MRFO-HB]'9]=]7HAWY0U\ZPEN0I3@3$*G$D-11MB3CD78750H<)*L"V>@I%OG
M8W 8GD>\/U.CDAP6$OS;*+&Y#&Z B8(3QNHL:OAZ]!%@MCN!H.?Q/7L"<TU;
M*@92D_2)11D5NN<.=![ZZ 9$C?_.ZXM_+DW/\;V""GH.P=1YGT<J\8<'*A?Q
MK07MLWC0NA% _8I%% 'J5M'JA&TL*K5\\70$60QCXTC)*7Q_*M!?5@J-G366
MI.A208]\I]TNF?JK705A*)<2"./:4I4V?0>=?P ?$+H1"Q-SXWL)&'>J.1W<
M%.^[._U^;^<[K+'<GJC66/%))*-",*+[-Q96.CR(\TN5.XD#"3J\@"*.7A"V
M5Q^+ 8>K/\'K#^%  C*@7U*TW!@R;LYK L89XR!<\: .Z *10E?D%R# 8CMN
MSG:7,!<1>7P[5*$:'U(VW%RA229L8MR4CN.JT6^T4,YKSPL 59X+KT_,HF$P
M5J\+A(Y>@J 1Y'&2%9-;>^ >DX67+H XF_F#"W;=W_XW+_]5'A[\[[9YDY?9
M)R_PS>R'__UTEGWUPS^S;[^;9=]5S58#YR]=H)4/V3_=S/1Y%_A3DG?+ZQJ(
M;GTS=\LU9($IAR6_DE'>%)P3/P OP=%>#(H83_\\\X>6S^>%F3843:UBCV4]
M$'3);V;S[1QQKWCLEB\LHJ][*RU?@ ]\3NHQ9U'/BR.PZWH,S)@T$V.;/*C<
M3EP#+LH1R/.2Y^M4O"@2I=!ON>/^:RYC<Y([H^X/0FGNV;7I"_+K_'1_T4C0
M &5H(0AF8!V>!N)%EED7QA^2S FI3(@*+-J/%!8T.I?>[O]2M08))63J->2U
M62=B*IW-H"UT7?A,UTJRKJ(9"AA_)(*ND]^WY6H%K'F\PD>=;%& ):06@3L&
M/8"%I4#)T=&I]R6?$TEX?-I$3N%_>!K,:W ,=E[_0=CDI2?VX<$^['_/&(EG
M>XS$'B-Q-4;BX8,]1F*/D?C@(<-=)8^>^Z,@]!!7S<4"W8=-Z_L)Y!P_/+ /
MS6)I)2E+>@!N0*9Z[EU4'G]T-M*YK@IM]3D9XDQC7<=%H8#=CQ*%\3R!702!
M<B)M XD8.V^EQ3=  %0@3<#<J0 F9#9M#!4R+*4'^CR73\,(_ZU^+/S-\6H@
M'$/*6YR_G<41KXAH#<P\TW',R"S4R&"OS3<8Q-C3JJ]O_O_=4EJ U,((\H$5
MJNM?-?I\6W:E1FJGQ8JP^.SA@P=/9_KD9SF  ]('BTNYR+):!% ">)E<Z+1J
M&Z)=] ["W+IV/AUY[=STN@\X?WN!])P;'ILY5A:__>I'2^CC9BE<)[B>UJ(&
M3F%N&M;(<&,0WJD2/9_9/YV[LI_H3C)Q;+1TXV;M!-*11MB.ET9%'2JIK<A(
MH',!W7"2P&JH5**OJ!?O^I:7+VII)0NH8S,]:5]R'BR0AB5^AN2]CO76L2"Y
MH>BCI>[\Y]3DD#947YP\!6\1 /)TQQVE3,*:JV7EQG=. ?/WW&/^/O<DFN$]
M4UO>%@+?SQ?-IM?N8L9S"&C=!HWRT=+.LP%]&T@^=# YPMJD8 (L:6<JEH](
M*H@Y80GTE$\ (!0[08:--NPT0X]<-K<=:WCA!H%.;>+A?'$[GO[-T'8#(CMR
MQ4EJR89!7GQFO8TD-]'66%H=:8WM^""3AI?V!U2"LE1]_\X8P::9O=![J#RG
MZ8/X%I7==TM5Y:-K0?[/)G*63C#KAY%5C+HS/7C!$^@UEXUJ**/J+7E$ /$T
MBU-G4Q(+,I("!/0RQ%%_/[?S]CC[H>F1GD,98!$9TG1^=I\,68VM+-KP'C3F
MR_P<^ HSN+[!5[ 9UH;#;LG2@Q.C"%U:7PK/Y[R.*RUQ6UIBK\E)&VDQQO8M
MVGUAL!/B?'G+KP?(:#C;[/XFQZ^U(3\7(%[H*+[B9'8>7.2>34(J)TQ>,+?.
M#2E(I"1)L]\M;@DTC&&_IGK;F!B9W"IHX;,GQ!@Z0WQS9X2IWX@ZF#HG,FSW
MW)B+'_MC#I:1<IZJ4;@1=N^?NU%PJ^63%Z_^^?*KHY-GGY*\M@")$'.+@8)?
M0,!!,LCWB47]DAX<F#;R@;U!/H#^38V=R:Y."QHW,QI59H)$:I;CCCU.9J*R
M?A%YOZI+P:Y!RZL'/A#C#1. #H5DK%,H^'KN3*F:YLU'4C:)=Z6=MM,;26&B
MXN^C MXS2^#MO2Z33)<-!@X6AVE=KW M%=]/@Z=**R[]CV-9#=7'B66H4B\=
M[9CG/ H$,HNK[=1'D0LV&QV?YNH2A\_/=OQ[O3[8SDR\0EO8 K7NF+L=7-.I
MST[D,A@,YME7[L/(L+Z=R5Y 3WX#!>L4@=V5M?92=GB61?;;H)US2_;Y?9&=
MF40T/L3<?44Z!6'_Y9-AFY2=W2(]?\G=85NH$HFCP/@1;28AAH^.7/6K3I&
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M.;U5H_H5SC03DA/Q^%(C%Q9N*^B_\^8-OS0GDT4Q",^%,Q:"L].K+N"JH(:
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M>C9N:QM_B+8A\U!NM)D5]W5X8&2!0:SS\IZZJH$>$1=+0J45B(R]QRQ]ML(
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M7(HN9S;R7(3.RU8OYBY5"J,RU;%+.ZQ\9P!*\7!.IPR)(7:=2YLE?]"#P^R
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M1ZO.VW=R6PR3K>OWW&?[M? IF.^%"$#21CHSQ<++VLCB%+.41T-+2U,;JT*
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M7H'K!DN/-I8"\X4S\81(+*,IHE'$\3IJ!#0PMW,(UANI3LD\%;H=XELPF/4
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M@J:;=OXV0P\V?W;E^4O'ZMJ^9Q37V(4SHT"T0F)\TW2E]'@FU@UY2:^*AY7
M-CL#8 /Z"ELBMUH6S+XG@TG&+R]RF%<MJ<FIGK<B0?R(*IF'O/88Q7V'PHN8
MINU#:RB:$9CH-PI0;7P'-#NN?+.< $)[3RNOMXB:XYLL/V_0>\-2B$<.6<7#
MZ&WN.7G-5RD)MV^1V27ZAAR8:00<'E QK8LIR_4C0L)9*?%9V5LO>2(!Z0&
MQ23,GQG%F(!]=ZX98_O66!5]=7OAJVM)Q3UIN5D_SKLVL0:5#GONT'ZZ'+0[
M?]0J$#\?FK.L'=B0YU51F]5@BZG[%NS&<?:-E.Q$K+SCEI^Z;_$6<M/2@F-=
M'U4NPR1+M'-S2F<9W*Y*$R_="%73&1$E>A1D+WLZJA2!KIW4]WQ!?^M>1G"F
MV] $ +6W:-*4<K_SG?:'!VW)7@M;$VZJRP[ZTU3B'M$0AX+H3-O$.^T\V6JG
M5;THUG70-!YS87%ZM=M<2MPD%?1TOVQE$$YXWX)N4TERAXB>=X?B@>TQ920"
M; UZ,^.S0%<A!&07@PFNHN0T)]=O@ _%[36A:\5WN\Q"7]*$GD?4TD*.U[Y8
M:6.KM$\("AV&W[V44E9$-2SN>Q**E*3'6+:Y'$5H$(ZYR%;"T+R]0A\X8@.
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M]!-+DBG7E!PO>)V4-'2:Q2M2OO-Q]1!W'=V-[&:C>H ;8+9Z7H2K&C1E$&'
M+Y.&5$W)+M.&ZXIK51<<;*L+MM4%5U07'&ZK"[;5!7\! EXD(\2HJ-C:X'M4
MK7(X648&Z*CSR*+!#<-V;W#-%D91B2O5W[N91G!A(8\1 S[8_]XL M]G2<PC
M[EIJ[Y,V'.[7,,S*6@)-,CIR H692!(NKLT5:A(DGIM\U/R&Q6V-'<;8+,6^
M[@XCS31=PVDVAUYHSVMI=(?@^Y*P";<YXH?!8O27JZULE S+(KF\1]3?#@X'
MQ\=?*@QATG-UN.!^O/</;J>[-$\SFW/?,)8!ZTF&OI/J\]^\H<>W6J4O<<8]
M29[S"RV0Y\+NF3D!'-/FE.(,&![TK"['%Q!W9F4J)C7_0Q<554*K*XT/G#?Y
M/'7<=55*WC""[I*B2SG.'[QB)&VL1TLP(J+?!)FD8":3U,B4AI#.Q5FI@^^=
M9V53*9&:[?Z%QH6':9ZEY_QR;GEHM,V<602GDXW(Q60X[N-8_MRH\5RC$F0!
MFHAKEN0NSXYA(<H22IU])1U?(I.#Z.?B G&>6+-+ZP9C%+"^DQ_R:-*F8V5M
M>TJWFKDR_$KJ0QV6OE/26YL6]) ,2+WAV\!'S19P"J4;'-2CI,@N::$3Q#(\
MZ^@X-9;(L.M?N^]<AXXTYD(XRQ#8TT5F>IECI5WV9)*6&L$)L@5AGQ-&6?H5
M6*=1=+[A4ZP:;^*V!3*S-FK36I'>(6^X4W:+A'QA4[/$M3 ,Z.-]TTJTCP.F
M@&6"8X^XX@4U@+RO=[M]=+;U':$?D_0O<S9)4$2CPO<C2G^3)6VMCG)J\I)Z
M]F=>V3A86DXHM59U=269?0U%)%#<$CW%Y<*6&7[-@>1W],__I&7.G=]^'[P;
MG PD^.L>HO&9_KU<>2L'\:0CJDL\9(+;REKA=1[!(/HQC)XY&1HF.6LPW!IL
M-*)%KYM$S9H#.=%YM"BRN2"2:'\D :)?;G&E!SVR?(1Z#Q4-W)&3T4 !*2U=
M3-,RF3F$&5\6##JRK@*2,JC6+8RBE=KM)#A!X)[P:5VO@H/H,%1KJ+[EI@C8
MOHUA$12FL.#14R%HI^Y6W]+#MBY:FCQ2L?FJ6O6V;;QO\[[;>]-;0;,9)5G0
M;=@A^RSB[=B%NU3F7=-!+UQIY"O4U0TJ>__#<G=?-#CS 1N2K]5#A@XZJW88
MD5G15#">+YBMUG,:9]+%F;EL#5 H]N#,X#=S>Q#,HG%!@Y5N"]+#I@DK ))9
MV.PS&6I3S:P,"-0=J$,("H1#MLLR<):,)=4JQ)YB==H&H]?-1[IA*F8[AXIK
M$+U?%17/W^MQG-J2@RD+;"@)NI^RZ<U^#V=CZ=WP,)IED!\)HA:KD$U+!E;(
M\Y7I(LE*5TYA^9#W"B^3/ZX^@UP>M/UP//3@1BB7XV($\G +;PBDTG&."XBM
MJ5EYJLCGNDB"C>$OYMK3VBSIU?,0O13N7=#HQMQKN:D:!A.."]YRB]U@1I(^
MX?3#!<-&C>9W];S> _I;W\8JZ#A!SDQN/G.K^P1'(2SU9!>6HK^0E;I6 R3K
MP42WW@4PY R=&OX9X&\!B2O3EJ=?@%L#MS^)%#]F0.MQ#V\GW\Y>4&$A8,#!
MO?(BF;-!199([3Q&%F$@G.F;F1@\9NF(W='J<8+8 %"SKDF/MF#1!6^_(L2+
MDL8:9F-$-#B<FE55@Y,7MO!\SQALL!0/,8\N9BZ(6RITCGL/H!US6[14IC*A
M;0^\=0=&8"+L4G(<2]<-1OC-N7M!XSH)&)R.N_]XH*5H2O7F<:$R*!C.@D?0
M0P_Y'D,3J1&KRVS8".JR\E,*780@>^J::3'\$YT11O1U,=LY?USI+63Y9$W?
M2V,FG*27B%D<[N^]W'"7^J5 4&N(@T1W3E^]CWZ!N+U,1J*"%#:;XZ?B+!MR
MVAL"(8HI<5UR%CX+[X5*))K]LU%6CIJ9O(PNTM^=K*^^4U%=KQ-DD^FKOZB[
MF%5N$)JCAI7VH27RT0,-W /[(AGY[X[W]^/]_7W=2(WM8NJNV$ 3Z@N&@L$U
M$G%_R*>>KS[$\L<I&B1QYR*S8O M^>SN3C//A7P<)RZ# 2.N4GCZF_73EAV8
MTWW)!YX&SGC[B-<8S].GT]\>[W\?20:.OV-M/R:"6K&UX&VY9"U[-)J0,PT1
M"BS/H;C8543NBT<17_K(&<D5EI!A4!C(ZLZR^D U$IP[#RT(\CB#Z&W.%@?
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MR;*N%*BC]:W,4FK(KUDAM+LCH!FA!^B$QL+PF2_C9%B2F-AI7V> 0KAF?7<
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M]>X3=+A[<8U(TEM-LW!^>(;@9O/<C67E),$:3;&6J4=Z\)G#7\<#I(,5_!'
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MX<W9W7GZ],@7XHX#D Y&]AZITJ9<!M$3+NF<-?F4,PQ<J,U/=/E412UR7;A
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MF(H>],^"C#FNM'#HP-V=M[GTXI8>SZZD[9^G;]^<N/+.I%+,@N ]S!3K=$G
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MF1[&+%U\PPL9FQH3$N_##>Z#3B' =65)3273?< !1D:#5/"6N)^?Z['[J0/
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M8#(,!H5?G KBM9JQB>(;ATG&6+DND@EJ5DF/9"/A'&)BUJS4 S,5!AK<!I4
MS8)F8/), "C,&6LW()-< #\G+V3>>&DSUW_]I<\!C4E.PI7G(%0Z<A[LU]<Z
M =83Y]%^O+^_SSMP[(\#;[<_#Z'0)B)P ?8Q+"ABC4PN<PF-.\V+H4IWZF3;
MC28X7B6S)G+5,P)O7&M1*4.R.V4 W/FJ23=9U='+@. 1V,8$,(8]@1A&'^;,
MPU9A\=IKYM#*+2PI#HS]K NUNW,L*T62[A<J5M ,X-YDNI2RRFM%&Q?8QTQ#
M$X)U!KHG*<?1B YX6JUMU;4HN(A)8 [6=*F]L_K89$&F6C(Z4V0%G$E1,GHO
MM69*0B/1$RYR3TI@0\BS+8#I0:B9ZZ7<&G40JG3#L?G)>%<M/$G:[^R())[W
MZ)B7D1</-[E ,+_BH>\]DEUNG,TK0+F[.NQ:=[E*HYQ"$\V;**['7G$]67>/
MRQ/ <^?52BS-J%A6<WRL%"@QB6.@:\)X8E6G8(24RLJ*&\JA49O]0D@Z$6,!
MX+Y4<BKVQI1\5Z>GU+N[.YX#ND,76?H.;8ND\@U+?8$%&8LX5]KF;N7W8($0
M1UN,E7\V<Y!@'CR.'F#"B$>U2B?$#CHXW/=G,N%:"JXTJ%F*>+1VO$6H=$(/
M5W<.FI.=3==[3@#J'2/EKWS%7^MX.-=!#HBOHW$2XXK,KW-8GOK#<K#?/2U!
M$XW4=?OCGK;%A18(Z3MT%X=I,I-M31RPIB,)2F?/)1DHAFF&V:CM7@7%B]P+
M<#IGUGV+MGO<O=R<>)![C%1\<1$&V:H-^O2:M9I*1X'P%/K%JU#@)=][B[8#
M\A<<E)^:;)XF'$\I:4'$Q/DWPKM2&XNU3)J/62W!(K3;*]F4ED(0;F*@%SH-
M_.!H<!S1^>&J#AD?]]>)#@^?Z>_5W+9886!L2V74O.!EAK)P?]D>FZN.C;G9
M<FJ<T]VZ5[H'Q;97C\K!07!6G@5GY<T\%QIT%@YT*A1/)R$=K9E("5>HK=;G
M^D@^@8NW?1,F[R!BL#W#9J5*=Q>]OZE2J\V7<ALVGL&7SI76N.C6WV]V ;9J
M%#F4>I8TN5KH6R&[2LC^^Y<WIR)@',@17<&%5A+(J;17.*W[2-,$A_ONAJ5O
MT??E,^CT)=2K'Q=YD=512M9S,5.)K$@+IAPI]GMDKM+7WZQKF,VWM7_7J2-Z
MMJTCVM8175Y'=+R_K2/:UA%]MA;:P&M1DBG*1A 63_L:'%>M/DL3]*,D6WPH
MYDXR TL\7T@&JW+,T/,Y$Q&X%*<C&V(;G0,\XU30#])E@J-:L&TT=^[ROFPZ
M77!C\%:V)^XVA X1.X7V.Y?X534J$YD-<I%HH>DM*#70>OI*-\(*)$W-+8;]
M(!ND@YBN]@SU1YR*1GCQ(H.WQ"V^6UE=])AYV"J,8A>^3/$IBP+"EQAEBT3<
MAC1CKR7AF*B5,@G%!.= A2M*J:IISMP4- ,_GYNF,*WD"8S9/1JE,N&$G_[_
MV7O7YC:NHVOT.ZOX'Z;R.L\AZP5I7G2-GY,JFI9L)9:E$GVI\W$ #,")!C/(
M#$ *^?6GU^K>MP% 2H[EF SK.>>-1<QES]Z]>_=E]6K%('3HI BFB$LM^]+F
M;7FU5%H,EXYG$!\/]W<I_5W4Q2WTJ#.Z/<\IB"#+)JZ\+338QI/GXJ=9OQ$>
MZ0@5=DD7:>IBE,;4/=)2,PR!F>G*212 !B925D"?YLU3"B1[EQ6)A!8H[#4O
M)G)=] O;YZA4P^RH@[EA3_GXBG52HD?80TML$$3 %EU=!!Q 90"[+.*RB/#Q
MKJ<I/O&0:6"^6T/M[/TWJ7BZA7U,\$)%SR=E/HFX5"):*5:CLSL8T >#]*%N
M*U?H2<O>$G[[F@D[TBU%;_];EZT5*9FVS;6(A3QVRMZBXT;4F$RH9RZ+5@01
M:/MSR9XIK5(JJF3-Y>#CM$5?8VLVCN8C9270QHIWVL?YTU^_Z7-?Y$0W!H8<
M]%X, ;BB4KIYI=(! YSF9;SRM[1Z!&&*6,SRROBBKDSF5R"DDV5+,IGJ K?E
MW!2#)149M9%WB1+0=ECXSL/=G7<YE(B16#43V?G62I;ZD4.1U:^G["R+=96M
M4QY4Q=0]_HZOX._#'F400_17_.UX&/]C7_2J7NL!Y\G0M%SB*F]7"3>BV@XN
MU)8"+UW'AG BNMBC/XX]CA.GC_P*,C@/XF _4Z!"EK.YLLC: !T1;3I$]&!A
M20=# [$>U52>PDF< A8[C,&=\=*J0+1?*M59R?1_EU \>4BSDA;Z?RK"0&NV
M#3,#;EP7R VOAGK_Y[+!L<T>'AKZY?9F0PO"U33@BW1G<N^AK">"$7;@B_)!
M"TK&QICIEY''B!U\(U.[%AOFO!QF/YO>\*G2.++*U*Y'X75+EVC6OK'.V@0M
MF/WMXYZ =P$$Q[O3ADYA,L)44/^5I!H:%LH@0Q%Q*B^NQ%?B&2=:T<G-5FMR
MI#EPA":'22$E \4IM8<DE.I,D=WIOI%^KS?T'>75*#)8:#$6Q I&76WSD(J6
M(=UQO1D! -9]&&?'J:5H)K;N._S&CLIEURV#^?*U'&ZRWU]\4)(XS.OW8B8W
MVK--YW,B@E/C5IZJCC*I451E#8J?8NS2CM'5#.]YW!FX[BK/V1!::#I(J0>P
M,A)B<#:,TJQ6?SC6-+'#OF>#G4!PVKFF.KYG=/\3A\!;RO-JM=L4+(<IM(;$
M:M;V[AJ0^;16U4H>U7::U^6_<K/+9N(P\%,G\:.V$I+2@] .R_QU+CX,K_?M
MA_2[XC?ZBVU&1(?"<_ ,^9=*O[OF7?F5E[4!C:XO$%&O(A63+MLS@GVQ-64[
MLC$QURY0?XG*MUWX2>M0A 7(HOGO?Z)-W;ZRN@>ZPY@8+$6+.=GS$FY>8+3X
M+C7W2M[S86!Y"?G/0+E(2+.(MV@WULTSA8 \+O)/",]5MJOLB3Y%P4?><:7B
M[*0]Y\G;UF0;M4FSQLS6]8Z*7&R!>F1]:R=]7TLT.?U8EU_R[6[7J"'?N/X0
M<VC^D\=L]":?D5)=>MVN@V1*"V !4OTI7 #8<$27Y4@!<:)9$($'<]L0+#]F
MNRAW')QLEH6M8' &.EZNCS!NL[\O^/;NT/T4NWT I7_9LXST US+7D4--%4$
M&DA,/0N5L =&L7+;6;'OFN>=B5NOFR\XA8JDI,;H@$K"[]9E_NMO7LE3$'B0
MC]W"ZZ@VQ,G1T;.#DZ/C9[2CY#^>:Z0!3P#BPH^:UE?.5L?::>_Y8ZC_E\6P
M7<(V/6:7/MQ.* 6](_G?D\'CXV>X,/ =G^J%]L*3(]M]&'+T?-II%+K3YZ=X
MP.M<7O*(K0"/]/#G.Y"!&AP]?XI+WHAMBS<\T:O<&XZC-X!#,[GY\>#)XZ/X
MYJ?:;= T[S@:R/'@].@T_>@CO=@W9D5:"Y@!;60H/YW@;6.V/7%C@#I/OS1\
MR-.3I[)7\;&M&%_VN2?[SMAQXSAY_H27_2VO.8Z3)W;A'5=7XMG]K!OX+<-T
M=]^SDQL/?,32->#EMT5:=F)'+4PAKV>[Y5B.3J7?613%7';NB&3"H@&2&&N6
M3Z!$SI93M./!AAXX_EPQ"99Z3D_E8#770A^CD;AND1/K(5=XN[[43;.[LP?^
M'VI=AH4U;HOG:VRLN^O2)MI!;!)T:D=LR +M(9CLK+'.E^XPWCALS+!8CT7'
M9A/#FX[?P)8+$>513/3I]7;6#(F'5Q>U7F53%.+QE#C,SLS]="\T3L^;0M]Z
MVMTH .#SE+,[$ALYVD75NUZK@+_R.-H@(_>$VOP_QPTJ1\Y#3O\AIW]S3O_X
M(:?_D-/_@ZC,WY%2^:X]>_C7"SD341-2+NY!;2IZ66C6S.I"NTTI8 W<6IIL
M=R<TD] ?:']HQ,4 S\6'RW+($KW.9HNTIV8,)5XM/6&756::-G&4-8P78J1:
M!U5V<9]*)58O6A=.1F\Z[3J 7'R+\.;BDJ_UT 6+-)<1K[I/@"A9K./R6VAH
M_]H7>OM$?(WV6 @K7!:SLILKX#IJC9.\'15:XN1U07@T8- #2; 'D;$%-''C
M;[ZU\:L5+XCOJK.M!/^.6^Z_BR?Z%M@>JX$Y6XHGU%I4^!ZXI;\HUM\ZMC-I
M@-W8++L(06+R_L]EWI4'\9]W=^0\JT?LT.6)J49H4P\V!9VV05:)CU+[$!TL
M2$)E7#*M91<"0H233F+8W._+>JRM8FY]&**X]A$:;E92Y:Z@[Q6(.U(.)9^,
M## *9$"Y1W-F*S8UHK7=9:ZB:S2E]2B:C^W7X+>R0)[+:UIHT:%>Q!X+H4[$
M8<QL-EG!?/M,CI9MRQ"V7TI21>N=F_NOP:$T))?,3Y5?NXZ>#B D+TQ8XQ*(
MV, 368^;.9%0G"3EOJA*]U:KV.1@QDW(,+"IG,49M-$+>0?D&L:3[;('[13>
M,!2+?$H,"ERXIOT+9GQ14$-]4W:CJNE( #;)SA24A%T9\S==%(S?ZZ".3_?:
M?1]B^NGPXA"_RP'%VWPF31Z%)QX_/WWT&^JZFS[%S=GG5*PWC""9I)/CYR[G
M_$JT T+JR!MD[PH'UV)7O)4<_=EW2QE&]@[.4.>F[>3H^ 1H2=D=ZY/ODF;Q
M7!]NNLXVM'9F1&JWU=VD:UX@0$-#!#NNS:S/#,^KR40V']4#BL-)V" [>II/
MC>7!%'7NY66@6C!70@1B#8J\8KVT8Z#'L#$9AUD0.L( O?8EYY!B$:CM/N;I
M.5OXU)A6&UN/[SJ?SY'N@6X43768O76IQ]+:5W6%9:<4P^?SIDAE%JSY[HV&
M%!F6JX6B"I.E!M2(*G7LHJ!J-%+'10VK3 ?Z;]><N5L:!.ANW(!.NA(9^"WD
M_KE<>O3ITN_3)-&!(79K.6;@%R8U,_VU0E_T#S(_E(?_R';]_+4Z6U_])C2T
M9;Q^)>=Z6S@48J\OJJ]]C.%9)#=!X@?SJ. .3B73EV430"]4SUVN^==NH(@C
M*_##8FC.U#:F"2FVQ'+X#Q$Y:HOT$8>99PA31HF1W#>$V\(NX@I*UFVP@?%K
MH*-FYA)*#/_KW*OE0EDHPS?^/]B/GMD2(&JQ/K _ XI2=Q4M!]M);@OA8?$6
M2@XFVT\9M]+-\G<NRSILRT'V75%=%0AAB@" ;>8/8RNX#-XQ,WC'3YATM:1S
M*;J0@J42,<Y7OLQ>H368^K^)Y20?"IQ*<6F]4-Y6>>TL H"N['E_.W_[YLP>
ML8_:!U..;Q__W^-L[_RRK&5Z7E(*!MFW8D**D VR=\NN*W,U>7^JZ<'_';6%
MS<Q:T4<_7"R@2??UXA>'/QUJ)HKRB5+ FBM+"</?O)U<+T<5$J;S%G0K,Y\X
M+SZ(T8Y/ NJNR$?%9&GDQ6LO#6/!>\44G2S8XXT//K!^]6$K0%;U//-;@AK_
M^-E #IFB*PE;^;%=SN8\B<:PY-=>:CL"RX"Y'5C,@@4,#LB&$PW]']L"_96[
M<O/N9I8'Y1#-M<W>3U&P@1@I];;\R]1W@(+6\>77=9@:NUL'N[OS@X59PN<'
M5@:;*?\T>B,VV$*[>K)^09OO6DKIIC;B0<MIQYSA0?C3 /-BCI@#/(!"SQVI
M RZ*7R[[[@$[DKOV?U2$^ <>716+)"2".H_DC;U;_0'643]^UO1BBWO0BQ ;
MS;XU,D3BN1P6ZK/)5AL:V(+DA;9>-(!TST<6$24(EU+B@[2$2U#M?YUTU^8]
MI@\T>PCMX^7":8<[[H&)0_&J9G@!FVVXRL[34IT+ENJ4]P%@\$+IGD>%G(]-
M!#*8(:L[+%#NS<5FL5(Q=@ F0O4V%S!I"&9+<9-%'YRY' 5'RG!NU7KWP!]7
M"D%:J36>W@8T#%6.%HQKXET4CF*7Z*: NCJX!(R++JO"<]1N&:E"(.!.X'#H
M>Q/ZA%[@(VWI%:(X*!)43FV SEE/Y11MF;0<#P11?)8+(.4+E)#I0P GR&9$
M0O5:J*OO9-5C:^&Y[2_2#VT13VNT.L '=<CYG1.TB\B3V*=5#M(?CT?:,G<\
M?ZEO%K[?*CP G3\]P5J,JB'XFS$BUBKFBD+%IBLN\VKB9C37^.F":V&^V9VG
M0KUAF[#"S4]@IXR(_UR26D.5M%]GXA>+T7M7(ME;]U@\55SYFX(!?:F<6U6'
MF(VER/P!8L@B5V7&<KHZ$[/JD@A;<:R7[*6B_:B_;%IG;VS8(DZ<PUIF+WDL
MAUK'>'M&44O*NCZQ51X\F=LV5U%M??DD;K]<5A4"CF!\*P!^3X.X!5"2S"\!
M9@T6$$T@K3+K;YMAKI15TM1?.KW^X(5? CLI!^TDN(&ZW[.=WG\*@W+\@$%Y
MP*#<@D$Y><"@/&!0_LMZA)[^YGTB/O&)OVV?B'^W246JD,N_GM4U[(0+/:>5
M+0IG?U?DL0="-DI>&1LC(=KOBH!PR'MS^J//>HO+DU8R6/5D?]YV]@\REC^)
MVKS*E9CL^,0!07P<9VRT%$@00],I.#>V9*RXEC5)^2*J6 QYV3] 8XR'[7=?
MM]\K2+!8JTA:I9OP!;CP6+VWON]Z3*=E_)#8%0G<F^EN75PWZE'6Q0$=.Q9P
M6>D!-HMVU7:$,'0J=+^T15U<YQ6<W0WOM$R:TLN-E;)&]U,S$D\D*O_5:%5&
MK5&VO8]\V'$/.^ZS[3@&#[-W*L?IECN/13PP_]#]]\SL[D0*/[>IQ+NCL!=W
M^E7N[\3  #<?@SYT=:7H17>66?$XPN?Y:*$L/KT01WQN'V9GQN:>?&(O+(C0
M#\J(B +-R9<5?TLN_],<3//EU' &GE9+23$NR]'[N">5<E9[XE'@*"^91$RO
M'L(<6'K2WTII2_/:JZ401[DY%L9GHVARU)9#]WI;\N[&8"F4V[2EM4+%R:)
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MR^SQ^3&R,T"\-=Y=^ A"N'-WQR2$JXSM0DQ&;S3FW,H/_I&IPY?NO\/L!T\
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M6C1T:@"][L&,YYHS1K6?-MI[&,*%*0Z7_S30;(]32F%@$;..1E47Y,,*A\A
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M<-/G>45Y^OUAQ5O#<3[: #>H^PPG&X@.W%D&Q1!%'1R%EN6J@2"ND-S^A>S
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MUDK+I&BJ14U=)9%>(TM&4Q;NZ1DX35IS>7+7<!*Q1I>IXN:&@!7*UQ(U"-Q
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MDVZ.8\-T&.Q09*MSI96VQUO59Z\:^OCDZ#&^\ 0C")1U2C%VDO0ZR[-67.@
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MUS7_>!DW?R#$%N#L.IB;1ESN&I9O(&_^/K]VFYXI8CA6"$CE[*]H;E(H>]D
M%5:F#3^MZY5T/OK0:TF;D:G.B>2T%3O6\@$\X>AYBF<$=PE?J8&PJ+>K]8U0
MKOGLV] N4 ;%SA9JI;\-O(BA-"BVR?NLH)>Y*Y#P;V$-IJ=C4-7@DF0;6Y:[
M:BY^JS5K+;IHM;I066Z%'#Z1#TU&%LZ(P5[!5X,UOWN6_Z/I#R)*<12YPF L
MC(FG3&LRG*3 (>/05# 9@45L:V_-14O0/E_FE2MUUW+4X' AE!4X_P:9>8^3
M2IR#P1I33T@I)8X:LY3$SY5S$ZP%GVPN1F>=L3R_A;'2.YI]./A.S9D3_QH]
MK2#(K[HJKXW/]'5>+?+#M=\.PH]]E:V^Z:4<8>*P,:Q+HJ:B5(K *5)ZLMYR
ML:,;94@KR(Y*Z%U1J%O>\$-3;^)<>G7QFA2.H:\"UJR-29T1_O39&9L95D23
M3US634[F!6KP6^256\N/6T5/*&MC<K_L52M@@F,P4M?XTB"&%=8+:P<Z(-=X
M76PC:R2/%.F56"8T-$O0$EFK!&C#J>9T<E+P1*+!/ ^22K+%R[&=UZ'NC]$_
MI$\0L79&D'\VHGY71D6$IZ3WC8L: "/XX:YJC QCOEA++APHPH&Q[2V$EB0W
M2[%Y<>P!LCW0HAH?';(FK:XXWGVK!JHW,F]Y*7 1'T=_4%@ZP^7''+/GAE%I
M]QYL+5>>7*T<'(+S88DDDJ<G/7^H\)$./#DZ>#E0BBHD;9:!Q45N\6,T\POU
M2IYQ0\/>(U!=:-A;-K0)@%)303?'=IO[4)*=Y3AS[_C^_O'2FIY$4=JU1BFQ
MY.!H*NMEP>0I, 3R9@WMNEQ&KPT]>3S*3JO>-?BJ5-;:3H18RH"(B6[DML_K
MU<!E4M#N)6%8&;BHL:-GNW'DFE_-':-6>#Q7.;92\#X7F80X>1/@S@ [/\(\
M3KK;]+H1)>S\F+?O0;+P+?%<=$-8>_Q]4AI]CYC[7VQ&.&A%761@V]S-Y*F(
M?49U #-'=]<9Q8'<.-/&251SG38 :.0X9,7H9;Z!:HC -=3OVXFG=:P'CD&Z
M?=\CR:!>-NA9X!_I<86I=TQ3;F!M :/3-I3.Q\0'CL7@R@Q]N)?1><#\050.
MGVL=K\>_WI5-L^4-/+DFQ9@$.)$PQ,#:6AE#.$UOWIZA1Z)'P6,%E+*'4.%8
M.]6QI0.2_EG$.!3(D9A)0LNNY7P#49+1_,N&[.;@.(O&)<?:$GQ#T:]Z]5C>
M#K:TP'<6>#E'.7K$P$C;?*]1&*GA(1]KYE''F,]&F;M&!4KP^6 5%!NWTH!N
MGP=:F]+&N5&X]EFM/BV88N8(E'5O5SKFDR3ZU>F)D5RY!=^MI]H"$(FCK):#
MA'4Q,X17MN"^'=@= N!+MSD?@V@R\%AG_HHIZ.Q?S56:GQMG*N?*JNF<6(*K
MY,I_-*5V,>P*]=M75D(">M)J1;DR3#O*EY1L5=.ZL#;WEG7ER&6YN+3 6!+5
M-15T@,=!L<V8B($+.489/XR-:D0OFL@1,39U8'^XSMM]Y_4[GMG00@(R?2!"
MK;1)43>E<3[31L Q*"OFQ6D3/HW%)7Q>VHSKY#GN0Z(R(R^ZQH^"R0-&PM&Z
MCN5\ TS'_'%OC*82IF7M$,:%KVGO;^= D^@'1DQ  ?^^ !6"TG$IJ58,UIPW
M-/A3!IL0.^7&Z]+LXD8EE0BBN2T]]BX#)H>Q4^=0WUNC&B/>6B@!F!N'!BM
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MR ('>(P-(MZX,!F@$<&X:L,>6!Z\CQ "I,,Q3:P4]RCG-T ^XX(=!/1-Y2*
M,B[SL9^$C6$VA2R0"-Z[">$]JM?MZ5T$_O*%8/VHG>-42D:4F.;7>6R;+RX+
M%QG<W8FM\2UAP7NP=7#PQA7P,.T8]PVYM$ '+G;U[6DS XVZK"5"G!MZ(U@V
M*:+3,N J.+KSEBA8ICV0[[(!4(B*.E?&PAC=H=O44:1XUZ?7 R#DPT,C'#A.
MX&2W3_34CO8:W2GQJ_BK9[<@,)G3$O"-L=(AOIM=]R+ZR=9GKI.=FASW'=-S
M,M!?M%=#;11! <D+:R@*IO,+TCZ@+K='E:$)O1ACA_6^!Q*<9A'.$:JP+O$^
MOO++V<#KK\XZ4O433]ML0H> K.5DG6IFWKJ<0U5Q.W26O(\=<#N5@7)DUMBU
MC5#Y#*TKQ3/T>6_-W<EHE;S//SQ*H*4"K56HW<*:[C VPR!-,2X#V-^GY.EF
M.DEU'@6N)?&=5Z=QT.8>R,<+H 5L-RMCY]3#X5)#FH;<$'UANX6N<@Q*"%Y[
M]$>GSUPGJ,)%4T/Q0<0+99J.\J12E%CT&-Q ^65:'.3!JGSZ/)L4RJ93%?54
M&Q-433V56^/P7[A7S('N,E(\^P.M3.*WRDS\[,N;HOZ(U-=#NCDYY5 /@Z!5
M7*-C$U_?S=$^.A5E& V\?Q#UG<%JP Y(*0KQBXXH^]8:^;WEK13S;_QC=W=>
MK4WX#_KN-_&$^Z^3NW_^]BWSZTTKBC!W)2L+5M0K#\8Z"'NM768J%2*)LJ.,
MQ2_@K\@R4U@,.+TC?F"<[;<D:Z3'4=_NF@,')=6A-F06-0\9%Z/W(C%U,YD,
M$*V9@G.'K\("35NQN?A/U2DR!S1U.J5@&!91<UKY=Z"(?3900CB]2U<DFG*_
M$M"MC*;^_.J;LWU]-KO]6G,!0$MD*?R#M2' ,SW3$X0=4<>3-I\5+&$)=+AQ
M#T+OZ_B11'LP>#,BLH?9FSI[,UHT0YC7)T\&5M;H9"\0;N3H%E:J)_;6<<6\
MDSTX4V(>C.2F&?C! 3XO//DOGA2JEVQ@F*&!6;91::@.ZQ(M%Z_*EH:S]3_P
M!31<A!XHVWA@'/^3&K-Q,^L)[\#/<Z74^BF,0BNX(BX+,VS)OK%Y_WU.[2S[
M :JFK(V5D+)!N60DQI/47+?@ZZNST-,D7LDN8E\V@Q_QM+AMW(;]G3*->*FX
MX^?=SW&Q%9E^XM;;;"\=]CJWY*E(9INPL6%^4^55+P&4'F%M*C#]1E%A$=(+
MA3'J)'<.#>HUW+F,49:W+EFL>,7V,["KG8Y+62CL_=!76C^4FNE:=:.B'S5.
MMAW0&S;+Z;1S#=C1FZJ9KGS,;5CBWT2&SJ,M^_NTI?G?TLO";X2XO[5LX#^-
M]SA^P'L\X#UNP7N</. ]'O >GZ;7?M_*JXM"C!(XW_>JW?J%ZU[.0@KQZSJV
MXY6=00,Q, 0?'P_ .'=T[.HO X]USC:'A:):8\I6C5VI:UG4ESQDS9KO;#89
MC(OLXJ,3-==?_WAQ%AJ6F64H1G$3Q=M"XT/M/>=-6MQ,\\%X=H].!SYKEYB"
MQBT06X1)AX3U3FN:/F#W1R</:66\,I>D=2Y63&NQHYZY%?<*W5BQ(%:6@G48
MCZ\3TA9,5T1Q*8^\>//]V86U?1R;AR5.R]P +QHU\M1\XR(G0TD2!6:$T1,3
MA)6"1V*/<L'@SG>X])!R/R^]EI.^9HFU06W"JC;0_C;-).JS;6"E4,@F7P)D
ML7W9JXNW%\C CHO#[ Q$=9H7L]&D:R+:]W?<I<%@B0V4O@&3CN+D]E$D]LM6
M.^=/?\4(;K)E_N1T=C@8;5P'/.;D.P^?;5&$?A2/_IR<AK_1$_]7)JS>L#Z_
MR*/PN XO!6OQ_WZ)*__Z6[W[^<FFER?VH><DZCO<(L4-"BA&22V%ZXT9%)^+
MY\G)?V Z4-D"W1_)6>QZ,(_<^1*^DQ:'"M@G+J^?X:^RCYZ;FY?WUSWQMUG>
ML&;_WLL_;GG)INA56EX5Z)"KB_O5AM7)LH?U^1SKHXG<JZ)JYHZWJ&=(:)D3
M*RT?UN5W6Y<^OTC@3 H+$[ *I>] I2?SX<:5<E[5736I-S*[])"[P2X&#K)B
M]-QX\[?P0_GI]%$J=+(J9O,%B[_X0L_V"XP&+>C^)G&=W08.W&))[I@]B71C
MKDT J7)2UBUEJ?;N4,Q_IZ''!9!''L.^UN4\E1BU5S<:TQHW5\J:MQ>9VGJA
MPI'I6>2T%8C5YYA*28H_Z3LZC3_2SX'O;C#M-2ZM39!,3/OV^.%'V'E>O#Z_
MK-H? 47% T\U]E#^-9VFE$5$;.X>C8BL\]M\E<7%#DB]?:.9Y[OO(I]5*,:?
M7FZH)2^U%B$WR)%)?)^C+KA;Z VW@83EC?S%$['8Q$&>CI\_>3Z(>CTZF-+Q
M\^<G2%LM&C'[%6=MW>#<A;(SQ#D\&K@>]N??G^_N[*ES!=9 ]=O37N3@ B/J
M!HACL _DZ]4AK$$PZV@-WZ-8@_V!<J8$LG@F6;3 50'ZW)K*CB>O-U)-5F++
M@40&,!DO(>PRDN1CXY2Y7 ."SIY^P4 [[7FEN,W2(30"O0+FW _;T18X*)AY
MFS&OA#GN33N(\HW)N :>;64SR00Q_*(L1 V11J%%.0Y1I X\QZVE)^=PU:<=
M:%%#2KNGK 9Q ,$%(P(P3JO%XP"#)VADYB:LJ>K29,JM_(BIF+6:%RRVKZM1
MKE>"$BSQ,E"4D27T^;3;!#<J=B([21(C$&4[M'8?NSM:62]KL%<>%H>AFZ1U
M$&EFQ8*;W AD2T)C297B<&3ZN_4QP">@8&?(%L%0Z9>%$<#A]&HW/<>^7 ^E
M\;)UZ$?M9F)-4CTH@@/&W_=L%4@E0P"B8ZEB^2]+DSI_3NT?9CZ-9RQLVO(N
M@JA%V\GES+HXJ&.U_G; )Z#C7MF*BW(E9>F>$8&AN3@ZU47$$%A?*!+(P)#-
MH4R;#'P,)NXQI:V66,JB#73)/Z%8G$&/4<>QC@758/2G9+$@VI5D*"QAEQTT
M0T?,UE6TV93DB_5H%_%TKD!#+Q'K85M=1C19=O@[\/4F++6KGO,J59%FHE/O
M>%;Y1UOL,H:X;.%CW<19^\+A/9S?1O+D^*:72^N$G%@06\_%X^=/CY-#T>KZ
M]#EA!/O6%&2^; E;-7'H747T"L6$_*N.*"="\Z"!1S(P/&!O_=O3P2;?@G<.
MB/=^]>;M.?_I6HOY4LN(32]Y'30QMM],JV VP&E!K42EL*P=B,CAN,9RYAC/
MI1[)X<$Q*XVL[QV7TE>T=ZR='@V9J&/AC3*ZR1[[6BFT-HF?MZCLFO"T@2?<
M155;RH7:DZ#8_#"K"4?<K>;')UH8!(;"RN+Q[9B,5SVR)2.O4NH9F9*R.G2L
M53]N^DZCK>[2&W&<>;(K_QN$[G(U;AMK]#@K%5]$,R8"PBV'+>,#:F60 GG,
M_=+SE#E##B46H2S;B$_';71$[O1H,08_.VF-?N;V[[0,!ZRR'L!W[P8+;-^=
M5I]3W ,KK]GTJ"5-V-+6[.#!!O;>@8$96^M'')4W!<]]GU2@!"7[(KW^P[ND
M 2II<OW$(%Q$Y(TKH@OGZN:-D!1 08%YM.<F5IJ@Q2(<I=_L:WS;44VK'=GL
M,I=V%R>*S ;@6BCKUMQ4!I3Z=]\G1;.I7O']!<]1+]2IB_?TR187[XFWE&G3
ME NO>W#3VDFW08(W-/]-48A'SVCDJ56<F'J#'MI<2R>X)T%<1A+FF+7)%M_5
M-AB1E>>==912X$-N9S'K?;Q4AK 6:[U#0@4U$$X?)EE2FJ%J8+&NB;K1(=U9
M6W+'C[./0E6=/*"J'E!5MZ"J3A]050^HJC^(4OM137,?J=MFEK.3Q?>)^;SF
M&9HO6,+12EG5>"*[X$O2,P@/^J'YP-C$1:CQDG/H0FQE'+@#*^0 *\48%JB=
M42='QT=1J,].X>]^N$C,_YOBIA.6['310155GH;2LP9,?ARA6)UAB!K]&L?M
MFR/"QZY(: Q:V$E=U*\U@ON(]514$VU,X'O/B&C+<4H86,-;.^*<DC(X:T(E
M3W31'3A9<<Q)O9RQ*V1+)\<[1>D4#+5V.)^YMKYJY^WN1#S)@U#D9HR3)6DQ
M-(^5!+_7)I:&?DAY]=Y.#DO8O(A[1<V$85RK0>RZ053EA/Z5$F#F" J*/;+J
MORF:,;]2L&IZSU9J_6W%@Y%O$;!F:\[%6I0[,=G729Q2*I=UWU1<)U!;>]/<
M8B=\=@BM;PDDLV@;^*UR$NK%KUQ'"J;N=<:5J]BWF7"!1O\"/[]*7BSO-_9B
M+8Q#(4C4 IR^H?I@6 ==@W'PTMMB]+XRFF#7.OQ]W5Q7Q7@:=XJPP6EMC8Q\
M2$YP':OUL>E)LPM\;K"O5\7BCMN>;R)Q[=%\)S3WV52+A=!AQ\6:O6M.F:3)
M3U+AGHPG?E^2S\BW"YDZ>A_CY+%DT;,X;Q%]55.$'5ZC&](J?G3J,YH.YX/@
M'OJ<_"8VJ;+S+EJ<^HLH5D?J_+FB]+X#'#=@%MW%4E7;W9850SS#)U&:-@!
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MEV>GGH6M?_E?LJ>W"T!<WW3S_YO9>S;:%?VCVAL @TW0B4$HR[@I$$V2O]J
M .(NA<BM/95A+0;FJRK@+@;>A!A$D2MGI#,G<ZMA?AV^)XK&+C3D/RJBO*RE
M8,+U1NL^-L PG4J#/K!8N][NU.E7\PUJ@?1?-O&9 4T6*WBV\RUGQ5RQI+/S
M4L[#U6]]:OG1XR/O>GC(B-T', (2H'$P\B4CV+P_R>71SW[V]#!X+SVH"1ZL
MO9B;ZVRHX!@@2A"](7\BJ&]1Z%Z[\A:+?420$01U]HZ/]C<!,OB E-FQ<4V7
M77#RHYW4J%M'-,?TG>/).*LTJ;@^MWYNE$J-)K)K';H<=CSN%NN+',VN!?S-
M/O_TB'^V-> ?#C1J-CO4_OWZCJ-8S=UB/OYA];8]X>31_$-B -Q\X0:%R]G;
MK)TW/N]7L/I\E/IU+M<6[<L672*-NN6CA!B4U5_B$3](S(T2\_3DWY.89&6;
MWUI4Y*<75Y:=^,9@YWLL+M1.;3>'XTOD_"P$[Y #$;90SA<7@,7IFQRO$8'G
M6IXW/G<TQ^Q4)/6BZ.(;$J0C1P 1#F5\4-11U[[IPKA''N%56]SP_:\^NZ2+
M?#Q(^N\AZ=FY+Y,\CU)0'R/IZP&DSR'XOX7<;S"O;Q'_Q\A&;1-_'\9CX']]
M CW<+8_#9S:-Z_GIZ!J6L'PE1\[#!KLO&\RY85:TA:0KO:QVR49%,-)_-"/[
MFV"3ERD4.@[;PB0G8 BNP2(U@_]_]MYTN6TD6Q?]SPB^ Z*/:X>] V*)DJBA
MJV]%N.QRM?<NMQUE=_F<GR !2FB# !N#9/;3WS5F)@8.DC51YCUQ=[LH$LAA
MY<HU?.M;[3.(ZWO-$S?8"=_.\FU:OHV(0@T7\G9*,-.$:X\)#8'/6F''-#.F
MALD?-2=U_C4M])P;J*TZ"=]ZU9B),*)+HZR@YA[;I/%#WTG7L,5.<9C++J/K
M+C]\]3GQA%&J-*QR+L"%!7GAKB1GMAU,GEE"KL90"*TC1@$F?>K?I5(<+@0R
M$0--8H,45<;-=[/GM =WKX2>CC-U?TI(_W476'I)V&-?IA4 DBOI]ZOJB@=D
M<;]1:"4-_7.#0N7Z8PDI-C[M4"+:>DYU"+>L<Q *IK)%4! ,!,3!(!B5'J1'
M\NHB8O"-54<F@_R<BMQ@XNU@ZPOS: UI&3B6&^PE!6">A^N#Z5X>BI/S98 R
MOGMY',Z-SCKG>DZX&\GJW]7^-S-3MWSDKY/K)S@RW#YC9*^H"NV.&&)RG)LL
M:IY\%OPKJ\<+O><*QZ1;8$7*/"A,E!B>C0A)9&GXY#Q+Z^L0'F_(0 VT3[P-
MC9WV>_'4:3TB#6'QYG"N@U1@;C>Y\QR$.A;?P>UW%7E"Z03W^00<(NJ[@-@^
M/J&(]D,0(SZ\NTM)V_)\<L 10Z>(C+1[82P=;FWGT(+X#FPL<0G$7.C"&)%3
M"J5&+01.M6\'(^VP:>YBXY^;@K4&BE7@NCX-A&&73<="NP@34HN\6^IW5Z^^
M(Y8.ZI*W<$MXI](GV^&*0"M287Y8X08_1WW$AB7"9>OI'>Y<A;QN%GB*H%>J
M9^+,2)IY@JR!N^W9D*I=59F9KCDFEY!PL6>ATPVY+(D(/Q)$%I]?4']L_)(V
M;T9,#Y:Q+"E08(5);9DI%<'YJUO,1&!SZLB@!\7 JDUI_?!D:+CB?,]R-L><
MR (&$^>3:H;WW&15K\%;(.&_^P/Y3TO8MDD-#0F=HJ=,_R:7&*O0E!>\C5)2
M%?779+"TK#'W-\<O_5U2KF5VS@8 '4 \Z0[(GDYK6>;Q6!0#]^+FPSB.TF@:
M3_C<<[M,B\)M< (ZZ53L,P]#/AJ<G?W@/>>_2(D,J*,\LOG5VK$Y'F*>SW3M
M%D._W\.CALN!+8SYR6?XY!=JC;3@F_61N7E#2\5<6SH?'RQI1U07)C^K*.4P
MTDYRQ)O4>$$-A^QD#.N 9&NRN1"^K/MZE@)=@TDS+BIW, ]D<P50C^6/,25>
MN<*15[YAK$DU1P%^ ]4I&)QNW/H.)6*=92LM[4\>[76^3?B[&H]:<IEH"RL$
MSI7$]FA36:+ &:V,))C.CQW<+.(335MW4^@G$T#-F6,%),W7_0V;N=H&#3&'
MSME3HFHZ<KSQ\$UL4AC0L!B3+%VHY3:TRXB0_RP/91XH.\SQ-*&JFN:!X5 9
M=ER-4]9V7 )*NK_3 ,(&TRX:E@"P"O9>85238U!_=H"FU(Q[9D<ARU2@#=D:
M"$FC7E0"J0;H29A*O.ED;IOZT5J)G$A8LUJY9(1'O8+4A::8\EZ]$C-Y+LC>
ME)"U5"A $1O1ZP0#U\B,Z/P5:!>&DFHTR[F$F4JZ,0];[Z3#4("%C$0D>!9\
MC6?5;*F2-YI.1T:W1/>=9H$<3HET4^TIE7LN)D_+85;%R]F,>%E9AWD9N"'R
MBA<-0'/CP CBAJV3H'0"9JE6=)K041?\F37;&FFQIG)"#?.8R#B882]%C_TE
M0BY7J9(CK!$3@E\U24J<8F-GV+Z0$W/[9T1"4\S3CG?+C_!&X.;C';AY!VY>
M VX^V8&;GQRX^6Y4CK?=&O.]UD@=: WK%3G_\R1BTMY&M1J9](='_L'IR#\9
M'F'FN&Q79?^*-BS^B>(X0CP.KD!:3QP+PT8D1>8OO<]LH=?,]]:/GMO (_ZL
MWS._LQ0S>%,^.QQ1O 7',?!>\A5/81XM^^$"37:U3=TQFNG1URB?Q(70Q5(E
M'JV%K3P$_PA)R_8PJ%7RQ:XUN<*70:,/J00QY,(ED/21/SP\@\4[;AA1U#&W
MO@AU)V;)#P?>/Q623%1'_9[A.EK+^*P%R]ULUNHLF>R&HEDES'6QHOBVWR.O
M5U>1746J?@S53JX']H.B%?\QX%GFV3&,3K7Y26F7\#\QV6J=!8HK4NL_VNX3
M^XE"/;*R];+BI@#%!1Z"?@]7FM/G<NR<Q+FAQ46)EK"B]>_8F<>'$W2:&Z8A
M1S(L-':O*5;_GO) =;_#Z=S4<CS,:TU=GGM&Z(0F6I9N!70I9TG,@FN[+F#0
M5UG'?)8,"3" C4S.-Q7BXD)A?Z0\X@,=)5*B[ JTOM\X*@'EQ2ARI=]K5C8X
M+^2@F! "R'DA:[SVCC0JE_I=KA=$!'"T,%*B#?=JE00.9$$R/C)HXJN6Z)N3
M501)05]!$DF:A('#V>&I8*AZ'DW<JD>[)?+?$0%600UA!H;V MM0(+RLL;,U
M;8$QDMK3G(P5B2P'[5>\?\M/N-[)A_O.G2SN_]'HU!_M[]?C>*9O29R:TT95
M*YR;L*7FJ( ;3Z W??C@* VA3=",B@8UYF"@VJ8I@;V:5 ?U>\\.3DBKM^[X
MQDN(%[SU8IOH=JY?8UN0_N%[1+U8$E_GNZ35F)S!)MQ'?X6Y?GAGZ4C9 G!8
M\F291WR9M%4K!>0:H_4:69AGA[7<#MR0&'00ID[$!N'W:WF=4X>'ZPF(*\YS
MV!;7T\-#__#P\!O$M?$$>I,K-:Z1U A,K1/D?F^)))OMZ1#DVNM%D!M#NIX@
M]WM+)-G;4)#_)T@K9$>3]3]>(\>UP9*)P).571G<87NY;1=SHS+.VI).L#W_
M8'3LGQR/&H+N$S1AGD=[2">)Z)LNZ1V.1MC?H2OO@LAO\QNW?LVA^B0 (G_%
M,@C:Q_=[,+J3?7]T>M*5CND:G"+H&K),0M_]X@U$O]_;0(EO+/JHE<]6BSV^
MN'NTG$M7K4Q)LV>G@Y%+U(NJ^GAP,'(^<D_<V9US*7?V,[P?G=Z89%/8#_RZ
MP%Y/V(^.KB_L9D38=W2=K)^-]MLO8/'J$)+&)BLZX]O$L]]S&F"I@'8M#,7[
MB?B]=L8ZY[OY[?(DI?)--,YI488GW6)YZ)_6=OYZ8MDI-6O$T@QI [D\\D_W
M'X%<"IV4K.$*R5QU!73/^U'(Y[U&3D?=@GCJGW5MM<_,G&N- 7_8^>LU&E+H
MKE:+(;:EV^>G-V$K2^5PU(E>^\;KVU[+(UB6FTMB>]K+I/!IB2"%V>5@-=UI
MO^67^&:]::WWW:]VW33^LA-N//KZQ[$)?%&J1GPK ["DF*$$_/>HIP$%$%D"
M(^D5YU <(C+ A!$_N?$@M,+<-TGV/C-$@>3IU,A%&MU>Q@N-1$G0K,*.<UZ(
M*V;:>9A3H+T^$.:AN 5%#F#,T %%V:8&3!RO):?+@G@V3V B@/V>OK@C>KHQ
M:F-EZ+0=TFD'4_N]ZT13NT/*7A%_Y?9K31KOKEW6SSO\=(O<^K:8[=*);Q;%
M!5E=%<;U[BF*:]9CM8!,LLOEH757,*X=.Z^'VNQV-U_2[7;=CKIQ18%"*->5
M!=HG>_=^>Q2?ME\P-?<4Q7_KEE<P0M%N+D4@ SJ2B &#:?%J!';>BMLO3-"_
M(])O.1 ?2Z/"DQV"9X?@68/@.=TA>'8(GN\!P?,&XY8U#(^YS) 67XM)Q3,=
M^:-1R^MSP:QZ<Q5-0$@37:#-OEQ3CAH+,=TPDC!GB#A-VZD^XYOT>VWGY-N,
MA2S?T!O<<M?OO8/D<?-NC7;KC=YG8)VL;6FO5;W.UG,O^Y.1?XS__XB:V0_]
M$\QUP%;=H,5ZO_=/9JNATHLK<;(06X0>/@A1F>74!8-#[CPX6!RG@QZ#$UQ(
MN2O3OFU!XD*LK!]A) +\/@=I=(YV'*\A6V%Q\:3 0]W]^>#_8FY55$2C13@Z
M/=RMG8DD:HB^ TPH'?B'^\,.0-MP'_ZP3T.#3SZ8#?G(>:=M7LE& 'Q_,K,!
MP:$+I91&=U2"@)6A0AC9;D*F936HHPTX(XVNDL5>&&$E"MGDLI:_M,2[U>=K
MZ$;K$-KS&[HLZ0P/CVF>%Q#44QIF8N5VPKTLJ(_.11Q-O5^_*DOG>^ZJXGLO
ML3 O (>@ "4,OL*7F N7P-VJ\I2AET..HVN<D$\KY]O FRGE-:2 "(%)O3JX
MB^T>/&!/&MJ"#HF+6EL5;?M>YWO!L]J>7[-6AIL 50E65BWLTF^U(%+#1P,S
M<6_Z.O#TP H5RU"_UQ:B)<O8O;<<E-/_,B0/U]Q74+_?N+&$\>C85>^M70!>
M%U-FZI8U768E*3DIU'$#(DN.&E^'1V>#_1^HTI$*3[=?B+@97C.349<B3AR(
M(&&$<-D2;29(AS4E<7/E<'="M,V[VG5'4<9@V;9IZ6U1@\8J>!M6Z8!S]I=4
MH%=#1*#9QHQ-U-.'NYWQPN*W:U%'6PM;IX(PQ$X7V16:7(30#;#,V^GPMESD
M,!=EPFY\JK7ZSMWI%3)+[38EHH>R8,*MMCN0/'<.(\RUGX\MB*>^NKDI$'=,
MH4:!_7.EWW%'1C\N+N)Y]SQM(KO1,B6W5O0+IQZ>]9*N<IFA!6>M?-[#" 0F
M-BV8,;QI>K[S;G9M)I6 K-A)N!@D?EF!/5&42DPPQT G/0J.9Q)<N1'<8O7>
MPO^@7X V.T@#X7Z#I-^3W6"FI8*2(E)NF8;R&Y(^0W: >6@L)R%7MD$]4G2G
M3AK"/:]*[<G4%&CP:CZMO#?(E<F4 L!IY]K:4$N^))7JW.EP81[!_#D<BT]#
MLS)*XZ'7F92'X.,TL$NW80C:/1/6EPPY(-C/J^:M0[GZ)G24AA1J<"0\T#R9
M%$=3*A@+>#$ET5ID7?]:CRYKSF+ZN6'1LNVQ;%RB+2ZH<(77T=SOU"FP,-06
M@CV_\0)Q:[-NQVG%&?9F"+\88QHZ(3]*: +0]$XCD[K4>IEU!P,E8APQ,XO\
MW6U&R8EX(K6Y1"4UA1,,=N ORF#S6AEL!MX;QC/[=02_>Y=B3X$P@A/$JFUA
M9 Y/"JJY!EY!K^1FJR>?&@Y@NF3,3^#D_'+*#B1XBK%' 5/3K/V^.EPSF!!2
M!#8"'#Y?;+R"_=XX8OI!K4%*/!O54)'L+I1:NCE;;3R(J=#,Z*VR^+I<3#+J
M6/)8[X,]B0;)/"*KA+8,[P3S@K90ME026XO/FU09+U3[(+.%-PWB/*4(TSQ.
M8XI"49N*VMNY>WM,FWT9%Y2K%S"!VRV9&LL1F@&?REIIRS?W+3<V-M:^A"GD
MT+3ZT[]Z^PG\Q2#]XOUC\'(@BT&-[*?:#!>U].$1HM6D_SEHI(#2SX;? 9;V
M][>_O/_#FR<5LGWR(/&7AX.3T0^DWC%X/%,4D.V;2($XV2[TUI@AH=!;1RD,
M5S05_#7]E*/2_1U'K2U\MWP7/S-I(_>QA8F/85+_,7Q<H,%S\GW.\^R*//]I
M$D54$2GI <X,D[%$.7*ZNI'(IY!&>[!VLPRNHM2[Q):9B115P%#32 [+%891
MDQ@N"NYQ*U8\"5%94NCW,E*W#\N\X/'<.QEM \)S4;_"B%O!9#10D)R4NEU3
M^2W234ZIZ8R&E)%IA_MD(X0\_Q*52,C#^#53)H;T2A)G(X'*(T8U>.=5@%'@
M*&IZ&E<R!QR26,4@<TBF$G/66%>A5I\L"T$FOW[A.DL!#W#7@.A3EB_"EHOL
M1OG]TUU^?Y??7Y/?/]OE]W?Y_>^A[ RI;!'<%YTO\/["^SR"VY?*3J/9/,DX
M72,W#[AV=$/'7Y5+MX1SQ%1S8*B75-28TF542YZ.P6@?9\@WQM]"_P@O4?U/
MMA+FF?V"UI#[;%K3M]%1@O^%^Y2T@$0W]!%D2B99>LX]X0)MYCNWW=XRHMHO
M8"[*#B;7N^W^N^47X&=D+(R(CQ]^3>WUU#)K&U=$F0M[6A7\?>;M0L-B&K.Y
MAZ;4),^D?S-&#^?D"B\FB1J"5<')#C0-V?A@=X9(DMWX%<;M$(0(0A47%VQS
M9]2?'>V6*RS=PSB33<\G"*-&"42KS,H@!AQ@&6+D!W6$T8@8#:LF7,\Y%J>$
MJ-KN'F,A"A\.'=()!!"\=-&2&X@-N3GM\=OD/^:$>* ED\[JX%"H@R_8SN\2
MK$:G(6(>)0$N3;(@4@LR.XRM2F$Y[)A8E6B5"QL<&ZE%D4UBTU6AL1;2D8"V
M6+Q6:SRZ)U">)MT5A12!@[-EGJ$0R/>>VA%"YU![4SH1;>NAV!,E^/M^#^4&
MNTK"FBOZ@0>J$ CR\D\&0]]@]M?]A'.>H\&!891>]RNLNQB>R<^VO24]7DS(
MF"IJ/"#<#RHT@R#X+5E,@S#PO=_R")9BC]PW\/I WS!U<,0\E7$8!SG<([\E
MV1B4U4=08OPD.LROLGP^8(#*._H4.ZQ<9.I=X8;O7625E/]C_@?C.:ABHLE%
M2B@BYVE%E%_&DZ@P7I:*#3E93@Y0O^A)0$23-R$IV3WGD1,-!;^W0^2 B@U"
M8E;'^4F3/#220AX<4&UY>'1[\!_,3RR+%?.XU,'D;),.F+G6BZP1U.G.<+(&
M"A &M7Z&MR).8)"-C7B.;\<ZHV?>VM,ZJEM_@MMK\N4\SZHT1&\QR_^*<<@R
M@C?'/[]Z_^?;UWO#L[_]&#_0"'0]'^3]+GA .,4^9WD2>G^/@J2\Z/?>Y^=!
MJG>@6Z_X^>_O38&B)!5"#>21,T1&+#@A<,F"%,*M%ES&>56011S#^$'IZN+[
MDL3$W!.,>Q9/A&A:_H[D1OPYFM%@"1#+&6J0.;PI].$ZG<<A&M6767))P ,\
M254*?P[C"=_O,1R$24E9P7/05@B*@ZL\*D%[17"^LAG2I#MQ9;YZI6P3E!OF
M+4#WS.D^1S)[[[W-B%5Y88N@9*R^=XXYLY31E4S^CN1\^-\8_(J"HE*RDQ21
MBUE>2HLC,A7Q6;1DKK%/YD?2[V$FC".J/@:\<9$Q4 NVD9A,[ $3 5Y%.1/+
M"DUK(.2 YP'F4C!6!:HYR[\8S.A%!LX J*?Y''M$7%"!28;%2J26N24<5L0J
MRUZ5TP*D6;J'BH_XM,VR,54%[%VBV6B$Q<53>!8J=C"Z0J2CQ_O_DOPCW9*)
M1]83VLI)=(G*GO=.8I\!B1Z\@@IF8-7U.M>:&#7W@BM, \-$@T30 NX%0AD#
M3!_=ZKV^X1&\_>M^PQ>_SA?C*OEB/0\R2H78AC)LE"NGA<H6:+$AG#:M\#OL
M^;6W,HSP=G+.V-)]9*>46, FG+=L?Q5YCE]=P(DDP#J53Z%RLGW:\2>A![KG
MG, *] !X$OV&/&[XB?X5SEZ62Z.V4*9.:<>02^=4L#1+%>9@M1<B5,PW%.>4
M4XX0QR&6"J?Z)_ .Y$E# LX@SQ>$8*/6"]B##:P>.*QYR1D5QE=0/[1_5X&.
MR.I?57I&CPBDA:P!)(EDY#=L<H7G'<=AUTNFGFG5&VZ>'D)<D#K9O4FG:3.7
M"-<(D?FJ-JCZ-\!D7BSFB>3D)7D4&Q*:CL&RX5(*AMR,SFS?;Z\_N WFEZR)
MP7K,,OBS*VRLT<%M(HY,65VM.<"Q:J'!P/L88X31O>KJ0Q'1(>!!?8W@)90!
MI6XTEV"_@;UJ117!!9, <YU2/8CYQO@K5:P7%!9 .GF+$K:;!D^%C637,BNH
M6P#9:M+JB9/_T26]CAQIDTU%-T6%U.A324U0*A>6%?-&L&SJV3@)-?)^>"P(
M"T,*'/!V9JX?Y)X*3:Z06--VQFG%+U50IJE9D90D#6R>82**'6S>)S$/<JHW
M<90OYDJ0#.#799J"H(?G?&]598%6,T8J2=!%_8>N7"2(ZP*%F#;/6[_7$"[U
M''!.DN[DE1?%XGS=^(=A1;$RE00L]*2=X5XB5V337U0EWF<%C(,>.YMGDN^<
MDPH5:E.V7F@R<N;5IHCI[HWH+K36"3AJJ,:M(H1M#L**PXF47S,V!48],,F>
M)S'%\GBZ?#9E652PX0IO+#C=__I;FC2&LFBQDBC0P$V@]RV&ABH1'Y8GT_1(
M_H2_6#$+#NT$E/Q7N9'#K8%%O7ED*E+UP"*DKBR^Y"LH-"R J@DJ6I9:6P/^
MK?20IAXU;C9R OJEX,@0K@K\T*ABL+:PP2X%8$C=Z>CLUN%(QZ <Z\,EC=D>
M7A[-J'07A^+J8651 )WY+X)0+"@H9.WD>5:*:84"R/4P =X[V D!]=,$3,*H
MAI.B,418 1!,S.6F ZA2L92^*\OG\T4,#@%ID#W4H U;I7TBU'B7FT#<G"3+
MOI#4LRY2R!<WQ)@Z MY:;2D96;K_() 7!/8RTD6,:_73#:+L.ABM8T5Z$\S:
MM(BXU04H^@Z[AZ/5.7-J4W>@6 JJ>%7@.NGWY#XA44JC_'PAA]\GF0;C($6;
MQ%2E84]IBJ461O>(WDP(?HNV8U50KW)1(:J8.&JJ>AU_O71SR"B<('B<C!.:
M-.E?JQ7S" Y?RC=/3 TXYA(2M^H(^R[&X9X88,[(<6".2U'W(4Q%PJ#?,X8T
M1GBG>8091(GPB@)4CCK<'%H->D&9705YR%8JH?"F79</K\^,^XYP!\34_1[Q
ML:"LX(/)\&0%2:/A4>#P_S>8%4$^"[[ZWH<@#>@?^.B/%7BT\%_F/LXQHA6%
M*OH(4"PPHE^0"76P/X27\ %B;>,$$?.XD)XML'#P:UC\T.Z0KQ\RX$_WS7F*
M#)=.6Q*<GZ-9\!MO?^M;OE%VANB"C-Q:=S2^9_$$T(FT.I-;\X@69TJ) @^F
M)F84MX3@3CAB9%IK,04!4<V6LP<#2Q04B#VD5C=1,0'M&TF3FIPMYC""%R3<
M:/V[TK8;X4;.=KB1'6YD-6[D9'^'&]GA1K92!6+M=CW>&-;<;#"P;/1)<MUL
MY%F;+_.*8!HA )(S]F!_<*KZBGCYR)90_U)#*ET>YBO\W8RRFW+5*O@:3:U+
M"NI.@PFF!(LO5&Z/D;H ^P7_!Q-XY]GY>2*N#?Z-ZB#PBIMELXC1);_!N<RT
M.T%!I07BJN&@:2Y7Z%;2&["?><HU!FF)US$%?"3,A/&5RQBMN8(RA]RZER+C
M]$!"LJBS1T"+# 8J<8Q7DLE#\^=U7%"L0MI<T^@_R&(U,ANO7K\RF0VQZ?N]
MSW]_[YU7,5+/I9JHRZ6W-T76B?2<VE9SH0*&3L$R!J,@A7G3N DH8\5@X'VL
MQ3^Q/*KQ,UJ**<8!/.X?-X_S@-W"8C&;@S8H9!C<GYE\4'B3UI]D163M^^:7
MV&23I &;_$ZY>H#FK?TQ/(N"/)@,2** 2*^0/(PL+#"M*T3JOC%B8Q?'E :6
M[>D9FDFS/('95]B<24 .+$;SK.&-#YYGA408I6Z$!DLN.R4L)%\,QP6L,4HW
M4<*(C%9^.^BWB\4YN"T(@::^@9+5H><S" .C*BFF=B@QKJOV79ENGZ-VW@I;
MC6?PM4(2X%A>F=/VDD:"OXI' )]\B:*Y55:J='!C6'U0DG$A,0EI;5[ ]B:+
M690'C.0A-U9"R,\_O/KC!05MQED(6PM;1PZ'$P()8#WVPF!!_A-^,]6N(RO%
MC546\F"F^"[T4'#(DN="'<62:\L@8=Y5$ABP/6D)S#!(T$<+$M'-(7^"6T[8
MUIQYG!)6K^%9\'&TJRP(]9;JQ\:4&%0H;00*7'&*VH-+^JJ^%99$9X(U4U%Z
MCC,4EQP'S?JBG4=TLB+.&L/@9IFY9'@7.:'#1PYQ8!EZ7Q)]RJ93#M#JLHHD
M?%=GR4UHVW2)&]<A!:;97Z)#Y.N;<(!<)XJES!15]TQ0G6/8U"K<N0?%M>7
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M*(G3N1% :6R'N5]^2(&Y(9D?1YT_1C#@+OV\5*%;M8DVK^5,LZ5%J(!]%\V
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M0VP^:<3FAOMV:^BKW:6YA9<FTH<4952["#5KZ: >\$:5JCO)-7 @6N P2O[
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M.E4%I3BBZ OG7;1#UDI=E=47HZ&KKF\SZ5!,?/@AU=/.[/A.COD;LJ.Y)T;
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M-DSM].0![+P[M.T:Z($'TV!')UT+^P0TV.'ADST+H^,G.[6#I[MK1T_ \.I
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MVI9D;3SGN)H(KFUX3J=#\JN:GQ\>L+]$/\.TX@2U-BTJ:X#V\O1[ET%2<:@
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MJ.!Q=/@!Z) K@0#;.F'$:0:6(F>KQ'\1DYE]DHP@W. QTZ#KUGW3J *_ GP
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M!:R(,W&K;)VS%THIXYJC*?@$\&1R*\9!PAT0'5JPEL#',WA%S(I &]QET^G
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M_-OM]Q+IQ%UM=W=3MOMSU)XJ.?I?7"%8K?\(%6<D/K/3]L22K_0#*Y8!OQ1
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M2B&][H]R4^L?A*T>/T5=AWK'8QK*0@#F9J<J6A/0UP $-$[ 3V%=5< F>>D
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MI'V!K")3.'W&<3U.S07\#PCO6;8*K:M>?JSEX%8ZZ[ER5OBY$>'-X*?4:&J
MT1H+:S*C3D2!* N&DAHIFP9;4C-I3<4&DZ069& GDX24R:DWKO33+&,PBV@4
MS2J:AET PFCLU&/VD,2!1#CGS6_XRZ^0OK[]W=B :AK?<@I:H*_QGC[)C4B8
MA MU,4U0**@B5 C!\B:+VL&#55R5V TTAT.@$:7WE7NV&+H9R3FK*FFI5O%,
MA>5/=M"6Z2>C49D:F* T]:NQE>3FU;Q)533\L3"D)T#(N]IQQLAWT$SK,/IG
ML9AD"6QL^L7Q99HOTCC:H<F]G!0@8NSM[T<'N_2<ZW$R2N+H>"ZX$ZFZOJ,K
MYN[;0OT4K8SQW*9C%/U\*3=;G@^V^MW=N+]S&/?W]K8;NF[<'#K0^3WC4 $M
M3>?P5A CQ$$"!)3?@6-M?X\[&]([1=7>U;#JH;0O'NCQ^>JE6YV)_T,R\<MS
ML#TWG "M_/72>QI%S;1@@=1^R1Q?I04=M***7J;9*/F856NG:@[)T_5]8>YD
MI,;XB:.3BR0#$LDB2HS"M?;1UYC$L@RMFU;O2Z=UT+O-8'</&T?;($]?3R%]
MR6Q."[I=Z;+XG^1/,CW^)+>Z>2_6KOQ?D8[/?]O7T14W;.-?TQ&WW--5BN-+
MYO./=#PNT^OH;2=Z!ZS2?\8N[O=O^^;O[N0=P^=(JAM5^9WM61R](QL43(YS
MJ.@L'4<OK)?VUGAI\@<7FM,_?*L-W]E[6,?V[>0\B5XGTT&9)7DV*A;W(P-G
MQLO^9@=W_[,/[M=I>_8  [IL^%J[<$NC[/R!*9G=]G3,X.<8-;'6\[9>)Y>/
MP2$>%Z9QN%30<J2#RU^8W;#(G[EPSK!FVS4%8AB^CO_#09).]*;L1#*\=LN,
MB_UI<*_.+=F=3T'*D7[O52\[KSK*+!:==8[1Z"\RG/ON\7;6#O8.PN?)I8FY
MR-!Z1T>[L?C\R5 @.(D=OS9$,_/E!H#<TW%BF(AM=70&],C+5V9<F-&0?Y2A
M*1OSKN42RG*! "!3P9N7#18,#B6W^-G'O+C*VZU!R?D_QXHFQG,R^9B@AO;#
MHOR()F>G\T0AKK__3_WU6% W!N9!R^ FYU*;:3(OC$3^<5#2:R-F6RNS871>
M%*-*82<<)Y)12!@'M9M"%F@1/I;J#>N'>42))1R<E<5H8>'#99JG5Z@'97A/
MIW'#?''PMZ+=&O*-M!10Q(/?=UZ25 AHJ"X5'+>;37CI1E)EIZAAH?.M?.Y9
M&:?"CPQ\7#O1BX2 ?>!+142HV Q.4YC8>@<QKX._ /8H(-?EGP;Z]0NZB^JA
MH';K[+BS]!01 F0T<K1/G-2?='(]2$N2A6%BUTPH:9]IZT)?5EF*Z3_H(APM
M'>S-3@4A>N!L,J-&/] G1=6L1O\+0E"/Q#)"VD4&P:K9'$C.+!E(;X=!R9:;
M#PP-(@T-1J(\G_?4O$1"[+XU]^*M:,R7Y Z\1-S3X)C!&F(1<,P@AM>O>5E!
MQU]*!+P*:(#X%'"OO3* (*?_UIP-0SWENP4]^%V9"?NS$@AH+-:!OTTU#>#<
M&.&MQG-\\B;6?B&DN;B"?TSW X-'Z?5G_U\RG?WT#FJT^ A+UK[7K47W &\]
MIJ,Q8<Q[' EXPKS"5))4JU_DK\&<P;NI#]W3>@8'8(3^LC_@$Z5U58GBZ2U9
M@Z-6T#TTX\0.NE'W]F\0%2>9X;U)VJ*F(E433DP]6*6*(#:--;,_O;:E]MI2
M;>FNKNAS;BZY=_GJPB2]0X!"MN)S3@7C4LPIN(UJ,Q/WI\=779GB>N*4K[DL
M!+BRZO50IUCKYYVS80<3MP"+L_EB9 "P2?3&_/U,L<[1!X;:.OQ#:J&\9*-!
MM;@G#2^*8A)MG> Z4,(<_.=KNLZ+?%O>D$=OGA_+(^1S\S/<&;3!Q30;5JQN
M#$'#ZC6%T427WYA>KH0AZ 9@^1=X@STAK\FU4Q46FWRJ;*H"(9/OTS:<Z<FZ
M9_KS=?#4_B,\]1&>>@,\=><1GOH(3_WFOO^]&,;+T66.(BR#!&)A9@LC!M8
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MXVCO+J#D7&E)W N"=O U-^1*9]"\R/##;SQ#2S^+K:*(,67;&UI.Q=[>@>B
M_!:MZ\M4&@-=TO)UVJT__$9QQ56Z<M@WG_SE7V'/K<C"R3HZX$D\V*/H!XI9
M9NAZDH9B_I>6CN9RQ5A0 <&DZI#])[U^5X1@C4K=Z?7B_EY7<V>\ZY(N?+(C
M$:DEK[E13E:-9RO]9([N\K!=KJ>I?&W;':VZ9/3Z<>_@,#QN-*3XL->OG4&,
ML'?8K7\U$&LM'O(/ YJ^:$0 U/3P=D%7SCNP;OG94^986ZBG:G$%^MK4A HS
M9D9S@?N?.+Q&QYZ?8&O,[/1E9[MB!R@)8\_T]= ?U4(?_<9-[(?CTOC817%%
MGS-3MHA@NF["_.!@?+'OTIM<Q#B5$J[4\\T]&1&AEZH-6@[5,.U664Q,&PH;
M/JS29$ZB05?$DT/1VOZO&UY<Q=ZOY=]L7?'1JS)2C4G)GV^XFL'MA-*0CTJ8
ME"JY^X#QEX-K_>,D(0>+_N\5R;C(C(9VJTBYLUT&2@)75>H]<3&SVS3*JFE6
MH;\P]TZ<9Z5&?.B22(;#<J%HU08[%>S^)%!VH^EN& B?-W)QM2N[MVM%G0//
M9G@;OE]_U'NFNB7DFDI7(&8YJPKOU&SX[+^;7I&2AWB'<" 2'0\C,?BVN3PR
MK*FU;AJ3]:<"(*X6,ZC.*JW5)FZXN'%0V";#!?<3T- A^NL3T;5;!E<!6]9
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MI[LN;N'ZT:KEZ150*]:$LKL/"HS)1&#26N56,+-/?0_4GNR '8XVL>&,<*J
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MZUN<O'SHS=9L==)Z\S< =1/W-R]LPY?$E)\SYFN2>LYK&C1*J6D9:^1<*A^
MGM$ZAD[>*D:4G 1G19G?U*PMUB"(EUP"M&JE9*7*:O:=UYBU2/TVC/(N?>QF
MVQ;9S=L;M]Y ;[1P'X2,_^XC,EG*0_16@S,CM]T6 Q.A]A'-L2$>14K/(]0W
M.*O/78C;M2MK7 IZRPR#XQ=+0N*"Q_Y>:'VG1A<-\D+HX:SVX[]Y?IL7O[N=
M7)T$X]68\_QB4;FH*GY63$9"72,:DJ8TPPI8X*?%$-$R9"/+!<*Z^$&(TH?D
M4_2'RP!XBG*NI3'6M3,<?G:3/"14,TB!UQT5#Q737_DX,/R%H3'R4_!;X(?3
MQ90Y?!;TZ^NE](1_FW&0TH8)# Z)<QUJ^/N_9!^',<AJQAF")?\A-&"]1X.<
MB+U,D: 0<79I#6W8Q+\/N&(;;62^U!].%F,)J[H.J;'_B-1X1&K<@-0X>$1J
M/"(UOF?(O(12+'C""]^=-ICLGAFK5Z1@*[1*JG ]Q!S:8FV7Q=AU.U^!>?5:
MO2K.=1N(Z&4 !QO-"N,H4V;IK7_H(\Y78#T4"?(,U;'5C"2X&(]C/]R YQ@[
MDTTN YH0F?(GXX;N3Z?61I'O8"T'N>(VNC[2V^'KK6V[XAUH$+KR)6X@2S 6
MCXJ1,=D<NDK&0(]6_D-<-(/][40:4%C!@;OI$GBVM&*I>H!LFKN4:A^"Z^?L
MM5WE"CL[MM8[O3)'#H:AO18'P-6HHC?\9Y+]R/./M-3(2]0OQ2UN%@7V9?1W
ML$L_9M+MONE V*.@C8Z7 B+' 9I]!:YHV55%S,#"6*P[[7;9]H=OJAY (,X!
M[(<EVL!GB8)X.'86FW&QAS(LSG-+G;/(%]5"R/'S@KQ!D-W#6&5Y7.H%JI^.
M%! ^BJ3#MPRNW1IG)?L\4/"FT$KXYA):BMF%1*N*H3#JFVCQB1SC+.>K <RH
M6TQ .N:4M,-$;^OQJ'6ZC:5TPI2:Q8)'ND@;R4(;"M7"7T?2A=JK _:2'\I/
M3/]/2EX\L+NG.@2(HBVY%08G('=\QFU61]H#V\J646:Q87>5I!FM?C:;B.RA
M&0*J&_+4Y#-"&:K?$.(5.Q%24-S*@^IVVE4&CAD!;W4-">96;UONRK]PVMJM
MSSYNGK-8+.:6#_;8E*6X$]CP9W'1)$+?=\,'[6R0(%B&-%R[;(GA6LSF#EU$
M5\AT9D[2L1:'T :2/UHF5DXM]$)[1Y1>1"_FN@WV*9;"((4]M[%@F6K/]3.B
M]OUP/&O[5\]KC[T2(&WJ(@% DM;@:$H21>"6'%\<LUHV_=X:I:C^;I]"W<09
MM7)%@^'U_>(P9A ?L44(BIZT4_;R65L9 )IXB#(&%X6DAMP=HS/A8S^S^-+5
MD?9+IFWFY=.0;$U>3'@KUFR,36G&ZW*:\JAZB.KF$4GX;>!A2$7GN_:VIMNT
M'YY =5:PECAF<"&V'T3@8.GN<'8T9U\2@ZP2]<KZ6/FW#:IJQ65C"L8T9;BL
M;8=</&]SIW^[Q^7\K""&CJ)_\RB"F,;-?OG:&,<//V.<UEG61_?9/_YAR9<V
M;S[D/](D\H8U/+N>#HH)+\;A#BT&OK;TI&99J3\Q"-8<6S7/MJJOD$QZC"%T
M*/>^-B2[IEK.T]@2UFR.-?.I0Y:,8YC->&9CP=5A #((N2/"(KV:8V=3BQ*2
MOC'GY_?M]O"!G6!I_<C$7Q9O_I^=0PC!HZ3?OZ1_",K%!4NKE?&F0)RYW2P$
M<R(T(B::;0!"MK A7A&JEPJ_A@+&9H=/*A ]H^(.1?!1[KZ%AM7$!E31+&-L
MTT7!8#1GO12V5YOIE"H@%DOT.N8VHZQSDRIL2ZF7_)AKT1=5:NYV0]Z>2\L9
MXXL,K=5@>G%P08%8K$;F82N[.G0Q&]W50"KV1HM-2A2X\6Q(U&"37 8%@$Z(
M"@]@]]^^U=T'->0.MW8J(PY U1P!X:#QK3\FDQE>_VC86J0NF_YPD<V\=3?-
M%_">!GJN[^A:N+LL9KB4+X*E/)/ELR:F(%FQP)I?L,YN;4=LT8F2LE7>'L5F
MA[C^ 7%(TQVWL*TI>)OR%?NB. >F$E@+Y ]C2!9-,DDO88C4ZU6B5X9P;962
MGQ8CH<,!W9>_"HU(XV%BK!\^2IZ9Y#G$GL7$5'E+]\>&.2TU@LWL9]>5EGF%
MCJ)7''@6D;K#]_KYC;M;P-]L127WO#;AS[JQVT R")JDT<+2*G!K[$B8F&[N
M_@PM>Y6:4D$-11D:7L.6Y;$(:2E;(DTY ";0T]!NK:)FO$.Y^_(M&P!T<I?5
MRE_O!6P>9*/__B'Y_[L]3D7S71*0GJZC/HV4^;3=6J8^W2R5<&LBWN,;EN5A
M</%^8/\5M%=\]MGLKM)YI3AVGU0>Q"G"%"-\O'HO-M1_:T/?8W(F)E%/%$:?
M(Z/*2@7K<T#WVSA#?H";Q.=TGPE2,X_V.MVGYL%^.*#6GCOE E)YIC%H$]>"
MR8U,TA0:"ZY1!^?)U 2>,M/(4EN_X<Y_"=^^WWWV<IEC.&R4BM"6DA%;HN$-
MNRWK;WAN=R@*]MNBJ'R+1RONA5-(C9NS%R>\2(X[5I-B5>1G<AT8-%$)L09X
M!2P'FRC\Y9&I9V)K"E:+-$(NKM#6Z\6G83H#[1^H$$:9Y7B7&$TQI]LF5<XV
MN#ZVICE PDVG *!>V]P'///*]?#25%1LT*PLSIX,I?I<-(]LMWCP.F0!2X9C
M7DYY3"8VX7R!0\%X\_"@6//R+F_%>^V(L0YM=O"(-GM$F]V -CM\1)L]HLV^
M$Z7VP>;E*^^N9.H*NM( 0#A/)88[:+I>D9NT\&/R4O<.^_%.MU<G4_&,(OHT
M-+2D\4GM!]ZUP20(SKJ?9-6\?GL-4C((I0$R(YWIP)EK3)%9"MZ7&.!-IMI#
MN:?N2%SH:BJ1Y43\<XV%:4Q6E+F1;OVQ,+3C9R0X7J_4DZ*<=>*HUS^,_EDL
M)ED"\A4R>(XOTQQ$E#OE*'HY*8 HZ.WO1P>[])SK<3)*T& 6MU>L77$V?-N:
MVHRL<T#:K<_V0*ZT2_B,'(9$NN\LNU/V./O.U)C;UUM6<+*48Z%)-X]$:*1"
M)Q\>.XA5QEI6ZSU&DN32J!Q@&%..6_^>LH97D<!+YAW74J:FFGS7#KK(L_ 1
M$1P.Z1YDV*8=>B/WJ.\!T,=)R:O7K/'8+F:W0'4,IT]O-)5##1-]@$WO3WE4
MI!)@,FQ&&?L?XA<T#V6L<#0%EBK72R<ZY4K?V<)"?U;TJ5EAJB?^VQ1\8WE#
M[,J'/A:V,;@BY'=Q[87L=4VXN9X%T3)?V$!YTI??;+G0?$J:FL/>;N$BB3VR
M8LNF2U*PWXU&R37HY5&]'5X^L4H-PY2\DP/2.F;X#LX/N3A T\6VK97\$,T"
MW)FSE+(>]4ZX':L6T5&PRKD7Z.>JS9/]XD/H7]4-%^.HB,ZAD%/&0QJH6J-(
M#2;%\".N6:VMU'-$7[?[9=N7L<LH4=0-5[U8YL;E\ ^H8TLPA;/^&M-IMHJS
M\5$2HZ%;<U'2[78AB3NC<VK]$)T*FJ\:F2C[D/J@,D1Y\O!%]6U 1KZO6O=E
M_UH*?*7+^P,;YYYC.R!_!S&M?(1O%^7?T&Y[KM_#-S_#4ZH[R?+5GR*=US,V
M,6F=.LW)\L#WAB\HJ!PUHD"*4-M?/W&Z--S/&XSGQ=W=Q'MX5Z,3><-:L&*3
M<=WF:FJ*TC:NU?<][7>>\?*5IPY'_<:#4)X/MOK=W;B_<QCW]_:V&\[$JA70
MPWAP^/3+I%\R%7M/(R]4*Y:=RTY\@>P;';%R5.ODX::'=F^,CRP]TH[GK[^Y
M:3ZW',^MA&&55OR:.N^8#'*Z,\@(/Y%BL#AZ_?H$I0'WI.E6/>FSCVXO[@N-
M\.>KG<^9S1>,;*]S^/0;*(0O$8?3?%XFPR*I4-NB$B$"T=] @3C:.Z)%^_X$
MXK!S\,4"<1]*X37J>! 0HLU_DPS+(GJY ,?8ZW?1UL[&R4$_[N^R<OCNY.!H
M<Q3#KXL1<JG/DVN2"'1-89&(7L]'G6AK=Q-EXG GWCW8^PYEXNCHNU8.VEK:
M1I+?>GV3?S'1YK]D,MZI7#0]YF[W^PNMOWL^X*]0V9]&+]-LE'S,JFAK;^,.
M]<%^+][;^?[4_,YW?MV?%DF.I,[_)'\F^?S/;)15&[?U\?[.T7>W\?^U*;?[
M/]+QN$ROH[>@-"W+ZPW<_MY#VOY[\?R1G$RJK*@\I;^_<4J_USO<V(U?-8PO
MT@>UL3_;Z1S=UIA#)_AE-"M'PD&@Z" $%HUZ*_ON\Z7BLU>:QG]PL!\?=?>C
ME<-9^\:OM.,TCIW.X7\]Y0/4. Z[_;;0:BGO<XN,B\W[_."H]KY"%NDNZDKX
MF?_UVK)T]Q0&P5"?L"Y;8#W?\5Q6@7FRG[=ZV]&*&&IF&K!;\($ :TIF+ECZ
M48-?C9^;9M/VZ][7M#1R6Q#$<DX]1@XNCPR3Y S0T!(>0Y9YZ@;XQB%_/&KX
M%?-SN.IUJ&3+V!_2R"C<"/@"1W35-$=%-RPL$9/B >8-J/^UKXG6O:43O2D[
M[=;9',0BT?/B&FV.9?]XTS ]*>"+FO:.%R3^2B-LMX*!(?_MKT= ZP\FUDF2
M3:N5B>B5;[1%5>;5&3?5NLS*.=.;M%L9<U49KAL@APKEB,DJ+OXSM"W>\_F*
M(%%;3+@0"X^X0;X$C-.\I#Q[4(39?"Q#-(1+">Q+BPHD297>60SO6"&M$"/:
M8]Y;',V]7I>&0S,!YE'1; <T$$6S02?\;U%^=/_5;O6Z0$3>@U*Y/^W5WX[>
M9//A!>B?WW6B_REFF;0=_B7)LW02/>]$QQ5 +P(H$:19$IW1+T:+21KU=EX%
MP+.PQD E,22Y#0\%"]^JK(.@3_77-ISO0YEL$E:?;61Y91Z#.]Y)?SP%X]BJ
MV6!2 !'5*#GJ()MVB\%R"K+A<[I:,NGWD#ZWP"M'2++9W]TC/VPR16E<1O+[
M2SHI2;4\1Y%2# DMR5Z/=G9V#W?TA-SX8ME%>G:OUXO^Z$3_(!.3 [K% M,O
M2=^=+<CIB/K=;C>.3BY(P9P7<70ZF61Y0;_;[^YW=Q^6\.]L\Z8)^(=+E@71
MJ97=GA[5QM[" =?;WX]W]OOU,C4T-+02XG%-]N/NP6Y\N'-81QGZ61940O)1
MX7N$Z02DSHE+6G.Y=KP?X([P\S(-=P\+9[UH2#1W)N6PC5!([Z":P[0Z'417
M)D('T0L28R!(5]R7JV?ZE48MD*_;#SORH=*WNE563V'-KMA+1]8'QV]W=]>_
M=F*Y;Z+=7G#E_&]TSW?-O1VZX!7K:K4.'VNU'FNU;JC5.GJLU7JLU?HBS;/A
MILM]6$>[VY&7]'=!"NO!O5;*,.?R@]:2(QR0@#6( 5-J<KO(0>4[L)WH+&$&
MYE=I.1"+ML'H8#NM8?2OWLF=+17B^ML&2^NFB=='L=X-I]$T3\7S;BP@H0EA
M6C-L5J_L;=P;\F.-?V-:ERRUKS.&;*.AU.!AP#&Q7A[W!]?:*%KB@X,#%-2
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M1N57"MFSTE H% - 9'\EJ\]ATLMT%&ZV%,D(JF^AQ15>Y.."@T6L .C"B/P
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M&%$\:G.D@!AFP40H_UJ4UX9U /; -;(MBV2"_^"G<P&!X#5EZ212HJ\6+/X
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MK&@0X[C(P&8E#71B!OUDE8,ZQR://S=DA)4Y;J;30W29D%)&H -<0>293MS
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M"QU/)O44BC$*+:T!<$B2LDD4=\E&%Q(FSF4;%>*',*T#+YE)I3%F@,R+U/9
MV>PE^R;G=2<\K[UN<&";$;0/>9GO!J#'-J#1 H\7X'<WF7N7B5M#SQ^&L-R+
MU?M."NP>##46+L:"P0$2--4"PHK9FBWI!EVI9\J2TNOLV+KVQ!.GX$*-^2(&
M15%^CER:04@F5^/%!"0I\.V5*^7:ZR7K/4)"(:"(!FC2\AX/$!@\3_+L3X!E
MG(GS_.0^NME\F_YA]]CJ8L/BF[=#;_0?T1N/Z(V;T!L[C^B-1_3&]W4WTXN.
M%_.+HL1E9PS[[$\UV3;=7&.J,C>]?&&HDUU&_M6D&"R$RH?<>7'<MWK;T9YP
M.G'):JV+>*TH?-<O"M_J;T<][Z<GDZ1"H>?Z1P1UY6RF<.$MA]X94"D)'?,P
M\Q084UL[X0L_KX;=$HG67V4?TV[I6I$2"]\O"-?KU)2J<,UO& 99,MI\0DP4
MA$PF#/Q1'E!&C/*L/J;IS#%E AHQ=Q:AVU!I<Z#5QK4EY@26V_$PMI6X(@H&
MM7(HAGN.S#3@Y5'I*P4PS[[=LM-G$K7[@;DTVFQ?U]=;[>A]N"I T9')=BZ5
M:[MN)8Y2H=-N^3FDI=]@BV]J B^0) A%S@V?O846T(Q!/J,D6Q/X><CFRBU;
MPJRO_3M/!LWZ3+N]D(54 =1,MV=RK&&)O68,O<>+I] (0BF8/7K=P>!.U?15
M].#\HI#C\B-71QSY+(4A1Q0<Z0]XXAX1IB6=C>;(P2_*NZ2]OFM1OP&P+Y4E
MZ:C6&-70$4;C!;845)S*23!;#";94(NYLDNTY.#^L@) 658\#!J29R%AQ^O.
M\#[58HX$03"3MG[#4*E+CQ)#LFYW8O/MD'M[T8GLB (8[:UVYMVJRVPZ[=;]
MT.G<WT+<X;-?&<Q=W*P.->A36=Q/N^4!3A,4)@JB3KO_X+.E!_FJ#@J2#ES&
M_!]""I3.$F[>+,\BW9V:;D$HNBRJ5+')T]0Q5II2)?0.6:55I3T&&P]*M"I\
MK>?H)T$O<2:'9Z@8>[,T<+_(0_NA78>=L/UB,IDS>*?T7\,]"6#3L5BF4H=%
M&GJ6<C6<N]F\IU9BU!5:@";6#?\E&<'$22?7G>C%IV$Z8RI(H2L9P+I*)\55
M;*# UOY:5FA-=J&'*B(3*R^FI"1E>)WHUQ!<7'M@;2M!A\F[Y\S60%J85BD<
M0/T1_2X_H?(M7X/>=+Q@ZUEIP$_L/W(/UG:[57MNM%6K>_2L$[>P6>YZ0S7R
ML,C2;PO%IS?$VCRW<%M;IMV0=]K,KT[T[ .#MSG^J<W'8ACDTAY>PZNP $KI
M?C%N\#\L SY;VCI(< 1Q/Q5N;[7*_GYX]H,[/XPKO!((HX:V%;+X_.0X]H#U
M8A'6O)8F%V^U4')Q !^.>7$NI-A,Y@J:[XDYY=!Z7$(ZG^/%) !<6J!Z$K_F
MHQT6GH;\S:06AP8B:TV2A[>)'ZQS$&I88]QED_1<KH2Z3O043TT!^"IY55E%
MD_.3C_2NJF^Y\=AQ=-EFC-"5@8&O#%Y^>-NR]KHP/@ON'.>S,Q'$B*QDXUO1
M.C[C?U[:+4&Q-2E#ULFF:M5LIW7J'MYJ(L%XSQ21]YII7&VY67O,U21K]8=M
MG5:X:GI'9*>M7D%*;4G:F\[KW*O1BI=0GX) 7Q5&B>4(FXXUK' \$T\-.OF]
MIYW_]FW%TR6N_$15/9$5#JQ_\\"\/-8/''U?G[KZP43H71I$G[![./L4I#16
M?;&_BR\&+,'>.OY!,V'^%WG6H:,(;GKDS03$2ZDY9LC0Z)E'$RC;';R-<S)X
M)5;_X2^*LQ^7#?+\<8T,Y*WI]/_8ZQX\_9P(\(Y9]+KI([T#+MEO5<X09G"R
MEZLR@HH32C>OFE 9E]W$UI:!1\ 8:F4P<;X1.[$!X8JI0-'MQ3.LUO'V^.'O
M,+=/\0//;EV7;4IW(#J-!\(D<[\G?/=JTN=CLKDGS(?"M+>.4];&6FC*._'.
M[@%YPJPHVBW8@LD(3]'.E\)%PG$.C295LPFYN=MK2EQ@NE\5MB_:U44A52^<
M\5GJ&%()#TMB=P#TA>T64A2<8ECSHGJA-#=%NFWIM8S)#TIHQ2E+" >JD46D
M[S"/&3JJN(2:JX<RO+?2(_U"<%26%-<&-J1)2]@!J:D&W0S;+V=OMVP]^ZH2
M=<EE-- )%"LKX[VQF(Y0$IUOGK.D9\3,(D]<VJ(&16[1,>(FTD(]\CJH>T78
MV4BY^;S.[W[P3#GD?%!;@^<OW417;ZQYC7#AT: "!=")?C>,6,)IIW X6DRW
M"2494=HO?A:O=CW;K=O(5>)="69*KOYR?N'5TT'7UY?-NPF",X+_]F< 0J@5
M4Q#QN.$H8,DTF)6)1(=>G5Q3R@DF&HPU EI';3+*X78(M9U'A-HC0NTFA-KN
M(T+M$:'VG:BU#XXH?Y7&1XPOG6*%T$M>JMQ+6 >Y[>2K]TVS#<$Y#Y>-8Z8/
MQ,K77F<-MYB+-;;_'WMOVMS&F:6)?D<$_D-&1?F&&)&"2<J2);O&-V@M+O7U
MHK;4[>A/-Q) @LP6@&0A 5*L7S_G.<N[Y * $DD)%&8FIBP0R'S7LS[G.3UY
M""P)7W,4$X/$1E36:49UCYM1 S)Y'>0(J 6T&DF^?WJX3KF3^OZ/;+X"8RU9
MUH]<GDC:XG%SO?3QD^_#]6V\HG#=/8Z>#)('[YB;=E*<KH* ++T720/AVU %
MW&:':T"['(U6/$R&X'-[R,'!?0#;=S:;:G2U<8UJR(O9OD6-S."&^M0D89N:
M?N_3^M2T=('I;.G2G0A!.G%C,Q=K2A*]^C??QJ3SW=J39-WK@\7K][IZR3P*
MFMJZGBA"86(-97B9F%ZDF$N_]+2S4\E#>NK#39U*N*G0S?7KB?J$NFW;LN%,
M6";3O9BM'6=N%\!T-VHJ(L5=OP8=YUE\+IP.U^T3N@$,\)X)>>0;#,MK7(/A
M%]Y?KK7ZU2ZKQFR#<VG$5*0SF2QGSO15YR3]2V6]JKTW8/9&#^ERX?EZEHML
M7F7:W#H3KCYYJLBC>Y@_NQN3I^7H<#B $[TD&9B9&= @M'>EG] 31M5G3@?=
M4:T:%Y[^=RF<"U)52I)7TNUH?TQF7[^G=(0"?EW*=9IFEZG<@ZY%MK!'2*"4
M:"3/H7[J8*)U" O<,<&>!;QNM8BMW55=S>(G%SXZ*R]A,ME?:+)\\>9E@ GJ
M/B\(1AEXF9%* 7HYU IKA)7'NL5M 'P(5A_+P#0CVA(:*188Y>5<*RXXFJ^\
M2IQ:19YS@K[(W+S<=74/1\:_KLZ*\[4336N0 ,M( (1SP#G=#VC@H K'5GU9
M+I&L\!DFV=6P"?V0NV O#3<H^]L&H''(O?:=K9_.I'XX697SZ:Q%ZKJW1K"0
M2C+N ("Z&P -DJ+'.X*,LORD 1<"P$Z00DA92X"T-H_:^L;'_7R%@"B\Z\8)
MOV_2?XT\>NZP)[BF X]W> =TZ_HJA]; 9>-,^\8J"D^Y=S#\-<O[I_.P/VYY
M?:3@*UJTH N)DB\$2U=L6CJ3+8ZN3-,/7\_Z_>J3$QI(032T=@"1C(%&N]HR
M&].PT-?["W4LLQKOR,DHH2L#C<C7Y&;'_1Y:AC2$MLES0>4J-#&"H=?C!N++
M=HW++*.,2[!$*GE8'<U]N2B&*V7!XYJZCUZ@K^B\O8,S1<NL),W!5<5!.YE.
MT5E'HQCCB(-QC1%(;X4APV!M#E6.RH4$>N:FYST:?I.](<E/LA%TI/@"SA^-
M1<M&"V@J=F$S5\76=%._HDU]@VJ3A<:;3AB:H!W'95NM2:@87OF%<KRZJ,Z#
MXL#BT5741@9V&(SH1FFQS^?'?WE0T*/(>I4'B(L3'B+YNBOXI8VD7]!/Z/,A
M&IIU_, #LJ3P9D8'A<1!O=@Z%>9:3^F;22&.+4WFED;E4VB;;W76[]NADBZ'
M7F;>&YCN:R4>OE ^<JETK'P;@T!1!+H!FB1U6(\+^O9\B3P&LWB[?Z:20G#J
MD>X!W"[3*A)##3 )UF1('3YK@L!(<_JXD.K+@$'=$2JOU9]Q(X6-@/]Z05([
M2%BS*)JI<>35TIX+J2G/EVTJ..<F@\DB6V8=O1TVU7.U#JU&E-SRC5JQD!M9
MFS'#?F,VRYNPHX!]>REQF(%T@G7=%8J%/.9\\\9TK7YZG9UR9=4.#,FC;+-Y
M@F-\+V73+I>H;@>:^6X/FMF#9C:!9A[O03-[T,P7!#I@V7R/.M"^\-UGI3+*
M=[*)_"'?==8UI=JF[:Q$.I9M76V;'64Z&VMR*:ZD3"637RD&!UUE,M_?=E%4
M[\,B>\F;:SGXG_1']!; MZT47%O/9O/YBGLIPV/"&U[1=4B.#Q^^DD*UN6M\
MNZH8'L7IGPE:!R&E2RM2A/VNY3>H(J,ORYBDS ,5O^6F5KL,% \;Z<JZ"=2:
M8Q?M_7,9X\/T"KZAK/3416N2T^MUU4VV;*K;;!;'&_[S\Y-^;T-SJ/A!7;VA
M7(^FRUR9>H+.3 6WQUG7GVG% 41ZH\WB#KNNW/[E?>O+H<.Z(LXLXH1FY^?3
M*U<?J>Y$[/L(!TC8<42Q!WR2/\*C<4VF0U]$\[\(D-* 'M!YZ/?8:QHR]$6Y
MI1H4<HBK'1CY;-!.#?-;T_I6(SHM/1 12BNU?L.J&.C"N#(&("S<>P8?X:?8
M3^^C1Q)FX;S:VU7%U^S)T)DM=,E!'[[3NZ =&[32@0E%VEE3BBIZ;":]'/E,
M6G.N@ 8B\)C5,9>!(*IL%2XQYP<PJ](<5*JJI>2/O"%^3VTP4N[L<]Q,,*?#
M8^E9SY .:)D+%= <//443Z@*6T0$)F\]0()E,J>_BTD!7*0+D(XEC<ZQ3^CI
M*6!2#&/P/QAI,D-_5&G 2GZE\2L@6^F'Q8QQ=WFYJOA"SUUU$$<^?"R4;SBC
M5/AECAK(YL0;N=L6'=NG*@[O353SCY"O3?)VN"^>_R7$ 9'A0':').PF[J^5
MX$V&5[6L7:"F^"'6N4WOXR8BP*C+7KM2ZO<X4:0TJ&Q:+Q,TI<+-7^1T<[FY
M5Z4M(&QDS!_DZ:F\=@P*^.:D3JUIWV12<.^-"[\:$?'7+/M?2V,&*)T&R*C6
M4# 6<@T.)D_! D&S)KYZ()9AZ^ILGBAC^6T"T69C_Q9MS[U_.OCW4N#DRK\?
MPD.'^?(24GRE)OF<5<"L7.2N0" J^W2$AV:M790%RV3\+YM"J"&="K=_#(L$
M7!EB&26>\IUA/LK(,5+[6MX2O 3*3[E&N9*$VP(ZN\F1#<SR7/!57;ZD"G]%
MZ9IB% RNHQ^IC&"V;9F"0?=[-NJSHM(6!4HA!W@MRPN(F1'<52UW9I6A#18X
MQP$N8X%M:X]B.$&5,L)I_:L,WE&$66$K9HUO0)&W;RE[?96SWE>^=Z9;D;/B
MW'-7,I)O$?B4[E790ISU*1/ST8M/RW(,'/'R#+]X/V<N5[W0&];=)RPV;9!B
MK2L;>L?!O3*87[7"1 H^)?75=GEPW@[SY1PZ<,4H;)EM/G8#PG;S/GD58+5%
M9$TTOV]<L.%(V!2:TP5<KI8Y%SB,7-T3KT :%VN'HJGC+3]R]O?XND<'C*CQ
MV>E<U%L^.K0_T=DQ7;!>K\J%G<L!6CM\NI A4#_:YON,@!0SI^5>G2EQN$HY
M:3$^*3Y()A^E1CDM7H-$SH1W 53CXH*V^AXN&1Q3YV&TH&'NE0F\V0R5&I$V
M_BT^ B0YR; [/468+!7K\R&Z[R;<3WJ 9EV+\D,!J31E%-/#Y5DA*]JAE%VX
M1^UQ=J[PR!T^:D+9SGO[9SXSM-4++\#_.T/!9G'[[&[7\#UJ!C7[WC.6H9<J
MK)T29;O'L?%O[3@D'^,W]'OB.+#SA;A':.@U,.T;G"TF\PXXUQ=^=V*IUSU%
MH97%+YX\>7C\[2-7LZ!.6*3<XP<O05&#:#NK365585YYUWJ!#5LI;;3-R<87
MW(C2BJ?GM&[*$@_F7HED.%G=3@<:AL<[!J=%"%X!XW^QS(\.OS%?P.86;IWS
M!MM8ED.&^G9P)!.FUU3]#M_\;B&/%AVKV4K9NJQ"ZFO1+9R^249N :SD:7#[
M:_^E<+P\WL-5]G"537"5)WNXRAZN\J6(M>%/03PY^4W,KOOC$/T7HSM*9X2E
MAN,(JVC4V!0_!4$_*=9@0U32;T"@H*D,.4@^I; .S>(>J68V/[ 0LDZRC&#S
M=: J!LE;X_&L/V24&4<(QR_/,MBK:X URF]19P9L#\H-H\A\8!"&"9+(F+]9
M@Q#+S=$;G747(:%X+E6.S=%:&F8!LNCVT6-^_)-#^OBJ"@MCC2R(2XG5OP@I
MHYOQ*2F_=LZK+TQ6W#3378)C!&^T201QZGMIY+Z@365566G4,?F3^WW1RB(R
MD!45BDEH0=X(AN>>R9*ET4FZ8Q[FXAQ%!.M1#@V/9;T$:7*1+8IRY7OGY(G$
M,Z..#R.RRS(@6JP]CFM'M<;K!4&4_FZ6+TYS"[7/6>%G"HM7!Y*V*)?6:II3
M*Z7%'H?4A[BGRT+8.Z>NB$QK'8!^F&5CEP-=52O&IJU +&429E6A7DDK%ZS(
MP&.ZM%V"(RE1:5(L7,5#D$',F=P3PQ?1NK#3EMG2<L0JD.=!84. (VN\LM]#
M6L>#+YBZ-H+Y.('@DI<*!E@$3/(<NC">%X.)6.C!RZ=)\2$?KY<W_5Y;;8:*
M&!Y JY1ID!\@IC]:!I$-XQG"-^5P-,Z&%;CC9/ QV?9H*%;PG,[>E285^)PX
MY@)_1C<='8#__-$!(P^MB&!*D$6;%IPC47"GZ_KG!THS&"LSQ$32!7R=^'9(
MNF*<9RB-^]>JU)Y U14]<V;)EKA&\S9E"6G;F>BE;-[O'3.KB8MOU<NSL"^3
MU8(7PK?,LFNYIC][="LX+F99 M>BT:03[1Q:=L2W!JL8I#[MJE@AEXV$.V55
M3OQHNC^H'.*S@!2=087>2>:K[?("!H'D'E+)=KA&^9BI[:#U:4S+LX#7M^6V
MUU90M'CN:- [7DRR@2NS^;;PH>GWA$$L%@6I>W,P,JY_ _-S-BMQY#04)Q!>
M?+_0_*#:8?S3G(G+;2YGM&Q\&0+.1&ENZ"RP!@*7*^^$[!!!>1HN=USCA^@?
M_I?N234N-&LV-[J_N&<._9!.; $@*%T:NV33<I3QQ9?X(\=I6^Z=SS-%TOP^
M%X6&&!RS@E[DW'X2Y_!$=/I]M7SJK4E# VBX$ ._W\O<D<,7YYE ;''P@3K/
MZ.GC4RL0Q3<FV052\2RF)&7,K;3&?ED-H.'HF1P+6GB/>026_I>?H&R?'N4+
M#)O<+B%GDLML<SJ:AC>D^QR"GL6=J ], )RS6<[]2UG:!#^12Z&5^_H#6@^Y
MCGZH4@60:ZO"<'HH6F A,_::/9KWE>^7BK<QG5$HCL)Z =SDIBR]EW?U)&PR
MB8-V$FC,UZ'&O#?W=5,S/#D:THE30+/<2G>]AR''AV]W.^<6KK^ #=4XR'UW
M0OG)('DE9DSJC(4JUPH5^S7'7X*?MV4>:R4'#BG93$.VQ2STLWNLGD[(NGGX
M+GN?,Q?-2R[1$0BSKOJ;L+A'^B!VW@J69#]S].S>7)"W8/4C21\7.:T]_X(8
MMRBB(@JYW> ,IM._?;]6%P> J_1P:=N0RS:P\5M%]56"*%O*D8<%RD#+45FA
M[[K[_3!;@A@Q[?< A,_ENEZLIG/'5R-\>&1H+U$,Y=TWY1?6L-L99YI9X^C/
MNN."]$"FFT7/ME#7L)W',H.>/==D-$,((%56[%>.F%>UI%DOQ".5[+?6!PDM
MWS^57Q'#J>H+%JS0B,NWV#0 THR>D9VBB0KIRBOV5L\7GKC%>[C\SJH(@Y_&
MN0P'+,_FBE[@M5_(8%,A1OD@O,Q,81[P&8I2CCTK;>+*#..\*.S("@C/,'*>
MY=O "'2Z$#)E3R[H+!Y$;^60Z=Q][V#04B]J>^=+K5)A'D12B8Y/*I=;:JO8
MF]EA@2>0FVU>?3AX7,SC&KMM_O]_%#_]MIHNBWY/"E6XU(/IQC@8C0*2XJ$V
M=18*]>5B-4(5I=\LQN\W*3I\9]G:Q[[58$2HF3GD3F>SY881V^0N2T!@SF4R
M=,S&N7BV7B#P-0NI)+V.CR('2B>5XG!O;$LK*)/@O3[6&=B^'..#"*T8[6,W
M5OD5LVE>O[!P=1G\BNA2ZJ'9 EN?<&&C=MS.PT[>6$F6QOY+DJK@+S'B=X>O
MQ/8O?<6Q B,^EWI97ZOIJM9XJ5S+;]I:.QH=#*/*YZN;=728/CH\W)(9#;&H
MB- 7P]CP.G]1;X&CMTZI'C&WTQ'\")Y>@<'5.6Z=*UHT,= DL#^1[78]XVYC
M,.V$NW0@.!G'@Q@D0#:UBAW1*URX 3"HWWAIRE9(U/H2J#CK 2"T3WQLVIXI
M"3<^A\>NP?OF@_B9+_%:6-"3/2QH#PO:! OZ?@\+VL."/C,MUY=CKIPL3:VD
MV@2*G%H8M#X'&?)3!BUE@A0%.]8,09%T_38& 8R!916^QYO+D9KU-5>JU(4!
M)U-5RL]I?\R%0I)HI3+A7)%H\?:&>  6$!L<9(2?;H$/DK?X1-[6+$<43U3L
M:($S7"%W^U68SV1QDKB<OT^>G^4D-%U;KWY/N S$2_2)$JZ5V2)'VQ%X@6WL
M*KE25Y419H+%$ERX1(LBTF+CG ZBV%RK<_PW*?]D1N85OJ^41T.>U0BS,L:C
M%F[,Z:Q$%$-2_NKJ"I<0(K;"B%D#3UA/GA#(I;$,*\25S*A^+VDI")>84M14
M0>E%'-LU6=XH;Y.3.5U)$6$M[KL(2M!KL>.:-U[X/DR>,:=NZ$.L9%-2;6,$
MG^KM@]?-QQPO<5XPPLDT_U!H+*<EG'9>5I6P@?A05L"HA)G;U=8R6.[&0:O1
MGHIV^"2)1O*A0Q"-#?8Q#U:76B-J$N_76*(,T&3A2I-4.1^ D&^Z)M@D(+J8
M:3'KXGV^U-Y<90M?T-<B3C94))(XZ?>VK^=;*F]5M1[HR;PM0B@1A$K"F"-.
MG;2J8M\,!/-YML M%^YZ.@.J=M%738]GNDWEX*UV^1WF].>Y$-AK<C3_<%[X
M=*B , K6Q!B.9WGAB=;*&N&%;ZYKA/O>*&DD(8!$L-]=^:&+9CLU:G%LQ)_Y
M12@,NQ+%.LO>\\WK]\+0-(\Y"/<BQ$WV OIR"):U'')Z)[JD@^3U,@J@X[['
M\0,T6%>V*D&_\"E@\ T'\I42K&,5>, L 418A#FXKI_0R$4CH<\[ENVKN?8O
M@YAI?-VA)TF;=UYWXQ,+;KTOMC*-5V.FJ4'3NZL1TUKY(&F6 %_>7D^8WF2-
M81>BW)V\ZT/*T\TEELEU*BQ)(#=R=\PE5T]));6,U#6R/E_+-3C1[?A=MN'/
M")N"70C+4KB%0T72B]?*;@W]UFV<3]+H\8[*GF.;.#CHFP[J'=4^0'WF[U6&
MZW%$))9^ >RPKH@[DZ1XH](-!&[9;#/PK,5(044BY2Y=4&$FG7)K1?LZO0IN
MAF"RSW7UZ>SV>[@^.M 0WHO*&!"]9HNK0?*+D7JF&E.6!]< J<Z_U/=9HQ3K
MCIDH5Q99BG/0 $WA4DL[7&P++H]@MID7CK?SZ+%6?9B<D4^?ZJ?2'$5'/BD6
MG)>=%_ HT,; ZD/84IC-\G$A# ?G&)'N76TQ-6T25:;K 61=RVWA)E<UJM;*
MC0$4LHS<EP"3)*.[UZ@%.P#Y4\S.<^0)VW\:@ /DE-0"Z9L/"58S>Y\W!&4@
M])?^,:YNJ?Z<'19M=Y%Y?DXWAN,X"$]I.T&KQ^.05;"4&\2=_GH6_+H=K.EJ
MRD*2.%/\:VR^FZDLNR,SH%%9MKOG\'HJUL6%_E*;Y[GVI(0@_[7(5R)O])#Y
M,^5,4&718'RY!B4X]#,3$Z=P5J0K2E1 /F0^28SY1C(/KI :YCXDQ$_2WID,
MC3>%@WBF?T\$B?#;[Y/8^%>L'#CX0!X@>F?7<Z 217(DT7,2^!7K!.1<7;0*
MR@-R4,*FJHO#"2()+,"PZ=3%DSLXKJ3CM,:X76G/F&S,-RZ=&@2^YXX!U:=1
MHQAO0(SL N#IAL;SKOVK\;]8Z_GDI5>UKO4\UKQ:$SFW-O98B3CQ?"WZR$$X
M: UE6;M4VB.,,Q)DB$'0NHCO*1SJ%U#;W >KI0L62J/H%)D?,')W(IFZ*^$V
M=!Y&*]FQC4+HG*P?YF?9=%++#J1\!CR;CBQ+UJ5C=YI/MET ;949_WZ?&=]G
MQC=EQI_N,^/[S'C#(#],'G_789.WI<BO<3CN.*UH3OMS3UJN#8-W'FG?GMJ?
M0BF>GCF#<5RJ)P\+(H-Q*GYS,0H]7;@#"S87+'-I"Q>PO;NN+48'$010JR">
MZAJ_, G^F!S;40$C+8#\29$Z>U==Y9<P#W0P 8EK%&VR\:ROK7'L62L-I^?S
MT^Q4XKGPZ]NF:GC[I/W5RO)()GQ1CF4&B.QSK#U@:C9B#$_X'9*LSH/Z-'I2
MQ=;.B!L%=KTW53NUD4OU[=-=>UK7A(3#/N))]'M#:4I"BA9"AC;@A_AJ?LJM
M]B9#:"+438CX%AQOO@6!!?&WG_":=2;#WTPR>O6CO__^FTB1='V-304:_[SE
MNOY%<^"R8GG24WH2OOE3^P-;KZR^Y=EAVVLBTR@*J(7ALZC($9LLJ-C<MUP(
M"Q?S4:F]GSK/5$=TP5$ !ZTG6N^*AO5O>%S1XK+:I[U7Q;\_IU_..>64,!P]
MU&J%">$;/Z>296Z5Q^7E7(+:4JOX]/'@\!MSAJ.2Q*Y62XT1NV+C%'AOQ8-!
M[!L41. =0C=BPK[10"E\6\C2H ,F:0SR#9'^DBH6PN\PX1?ELL"DD<_.I^45
MZ1NIDSF?9M*$3-2)^ZOC^$>P1_.;,85.S)A">SA!]R2E(+%6Q$$KJ*36>P)O
M=A1.2]_\*RCZBKA.)G2KZ:,=O]BX/#MRM?TM[C)5UUYMZ14A':=O70MUJI<:
M&WV7M@JC2>,H:<+T.G'8OAXB$APL;D@S>I6N:_#B1$Z-S'AC;;1'N^&M3AQT
MR[A!R[6AS787YY,<C,\=Q[HCYR@$[45@W:SN]S"KOQU!WZU2>TH*RUT'UY.!
M]X0.!^=SJFW<W;\,Q?-0]AU YF)<<+MWUEF*S23=((Y2E]9;&%T(5^]9P+DR
MRB57-!RA8J$7YKEVH%C-([\MJZJ2[HF9=;)4'&6_ZO<*X^ENGSB 6:@:W'2.
MPQ1V-E_OX[F5ES4712D46CRHY$$ .-#>.W[=PU7?O.8'?"5_^+P)K+UM>I.V
MJ3Z[:SN_/3K\_IOKA,4>X:%T?JKD2"Q,GVNMIUTB8:_[N]5@-YM%-R'?]Z;2
MS9I*+*"\"&;1K+(T=T*=JS65) Y2B"V#ZYVDJ',EY+O5PGH\L$:E8I1-(Y9@
M[D*QY-;2B!DN-;OL7(*Q=P*X%Y0$J62J'4Y[NWE_>W;*_AS?[3GV6M@H(_4
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MM+Z-.(!]AHZK4RL=N<R-$5"+41#=%+J6U+(-P,V@3JT&QW2>A*-ELA4NAU.
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M=5#F&^.1DT^'(P=SV"=<[J^TOP5<<GQ\'6OF'>"1R_!--71QOQ?WT8QEZS5
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MM1W+W1V3'>[D&SX-<_<J'RX^'^A.6]RF_=[-X.Q^V.VM_#I$Y1>"LVL_^1N
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M!\S0I8TU!,9Z3A<VKF4OYF+4UDR[YX&)DT9JO]/[]C/S6</0L F# ;#V&W$
M>F^_]SN94_3=*9?W%F93%LN50B1SJ;OWC)_%)!H>5V2[L5WY@+3\V7X_S"/G
MA7=!B0=K^:N&>R)9<'Y/C5Q/7^))S19&O6C#<7]"Q 6R08R@L'P3E2/>CP%O
M"MO6NKDI<O)BJ7V4\\7+N<'_8L^H]9%FT0H$MOVM-B-LMN!LR6?%5+VSFGIS
M<V.$RD5T@I@,6AR'53N9_P?]XA$Y0<W#Y5\IWO>X1EC0LEF '/%'RP!F7=MC
M3J%U;3)S/SS$R]<M5<(] )C+V<QE3L0O<LMC.HQ0ZP&KOQ;'90( 5:[5?CL>
M&GK7B#(*@-D%6K-A>9%+Y8E/);-TM2,#KR)V[M9M"-I>---&6X=4.IQ =_XL
M^^VD9/M8;A=,HH/B2+)*T+53IG/)QRU>13JL7*& A%67>FGSL^<7Y?3"DT8B
MJAW0/[?[B= [,4I'X4.XX#69W;H3P76K.^22_E\@8@Z&F=54>+'#'S\P> %)
M_95Q9]NW#0ISGDOHN<H*005E2WLV)]D7%QFIZS"4S$2UYV4AQ+*+[OA,ZTH>
MI$HUPU(^D[B4Q;HL'N)&WA5U:EL1H;9MW]0X7F_V@"BHAPHPC:R#83XM<N36
M#;A3^*H4!]^12B\%H 3E"_'1X2AGVW:Q8!C V/2B7>C&Z=^S4@I2D;8]YT*@
MH&Z6"T+8KO+F5[O)LV:*,2=Z$/98+VEV6S+?B1MQV^Z!>BJM*;G==TU^MDJH
M%@UJ62MOEC-PNLTP;VA;2;?%R*V.+ +NO/6I])WP6M>;)$NIW[TBG;+NJQU9
MTAE-/$6,%.I$G25(XKOL3NGC;6%\K1Y_BT=Q?$V*P<XPW=\XGK"979!C#@T>
M0<2N=) /.6)#DQX\W8CN6(YOZHD-"D/=H;_H]WA&A9<>'SWY,>0K['KWL^-/
M?'D4X 2CI<#\S%/\W]6BJ,:%]A/H3"OP#3BU'AH)4#AD!R"E5D_M(MU<1N"_
M^)4M$8',X0M>^N>Z6Z*0@H-HN3CPQJ?$<2[N;\7^5GS<K9"2W*LDR()YE/+R
M;)'G 6*.3BS=@0<1>1RC.<?YDDQF@<P<>' )_XVC79S9C)[#IB\^=L1_R3O^
MV* G2GLU%0;:)I[&GO'\U7/])7 KC^3'>J?>P-0?39EN$88DOJ=WBGD$]]=J
M?ZUNY5K-<C+*7$LXY_9*O$OJ:80;P'P7!7<*)]N#>JU:2#Y:]\4=SD0QHP>#
MSW:J[S94OQ%IEHI!;.%\SW]065/CR13[5$C_"B5SJ/+SC#U9<,%*O])\'(6D
MZRI]/41-(! O\-1EP)*0DTPB3W\EU9GE*9Y8=</3A)$FJR*CQ<H6V3B!;=)F
M0_PHE6,3!Z77]9,2L3#7L<8_YO,LYW!1+</3NL$CV&WW2YW+QX?P)+])Z)^Q
MMMI]!_,U E1*JFRVP)*GW-3,61!C=+&ZNO>&B*B/0CG!IXYDS2+02XF:#Y=P
MLZZ=<O%2(>E=<E@,W6&F$_N9-/SDZS3.KERL<KO0KR5PT*2^NV*%!():$N8!
MC^N](07S^ZIDDN@ \I:T_P*>MQA(OF#8T0$&=>$/0-*;3ZRM<$U>^*I0<O-G
MJZDTDF)$*6U,<!&CHE.:7/BW/_UC#J3Z8446%T?/@CQE"R[6.T1=,B?M]V#&
MK=T**VXPR=)FJ]GX.X;MF+PCD>SFH?"I]2,UJ]&4M=F:PGG/^EB(@"2@4B\5
M8SR9_M11S5CUFSWK'+!DY!+0;$PXZ^32"0%U7#W"%ZC]]*0BR@.$N(*-AQ*K
M'-)AM@ZZ[CZ,SH0X,FQ;'86P@[=;2(ENQWEV!9H_H)B-LL:[NP]6 KCG,'/\
M5FR'T56:HSW.C1>,]X@9<&<E:FC^#4DR+,OW#VFA4<=[58$<'%5O:*J]=,=Z
MW3$XV'4MLQ6&[/L]AFR/(=N$(7NZQY#M,62?G3/]#IJ)1'9GI*5:_1!2,F%F
ML6G=BNU:#EF1P_EB9X>[&LQS]/N$YU>SD4%?X+@,6AZ)G#M#08SWCG2=V'6(
MEGG#KE.M18E:5_:LZ5B%12S]T[O&81Y::/.26\RIU1<T.>ZS\.@HY<X_8M)@
MZ//2DDVE2XSJ*SGKN]Y=<.8XO4PIDW==38LS:/'&W??]PMF82V]LKNMM=Z:,
M#H DV89HK536XV7BSVVDMU O2O*-WFD,W3_X?*Y*,#S:P/]@6AP?:AU,NQ<:
M,A!X7ILP.(0^9V24C^!/<%0G].SH;EM5/?\MI'I'!;SS88_6O%/B[XTA']1X
MKM>ZT0((57/<'$!:#_/.W70T4]L8\?HU3\:KA<G:<-EQ!(R4R#-GT3.+DDO6
M&87GQ*4Q:?G,,A\C&F=+^9CSA^IC%>R=>,G\>_Z;\NEKOPQVJ,&J4N2(")(<
MI3M"MFFD09@+13\/>$&8K8/+ISA.-F+6;^O('8Y#^^A6T=S:G2?MX40KZQ,B
M3!, 7W,;D;\\R^-P<;#'?)6MQ?0L;Y/"$>\/P^SJ^-OVHJ#![2+:_E$XB7<G
M@)&V<,/]$.FM@918O'.V3RYYOT?'M*I$5.!+2P28SNFK*%BCP]LE+/&W\_)2
MHP8B?-C;7P]$'+KDW/FBH.D4TRL)TWM4&".:QQ9:XXIQ3ZF,B(CO7T />$^G
M7,O;6E/L@K +-<&*0PVUM+X/#O5[(:!E3?1)+SW+AT4^S2^@%Q#F3_U%]6)X
MT\+8K?7X4KZ<;>MU_07B%;"9%V'\5'!U-D@1<S@0_G/%_3&5HYPHU0"9\"A[
M#5"*Z;QV*!J7 HQ1AY-_&.7YN&H?DXE>2%P]JDG'</AC'L=MWK!RPU)75@S"
M,=1^#UA.A%YDLNL/%/?N\\$]/5\R,5V/YBE)HD/B;A'7:U[WE$Q"R9 $@J$6
M4@R.;20K"N,(/Z5QT GO]UJEQ[)<<FG ;,B:NT.8*,MW<Q3ZE(A3@MXR!7OY
MN#E1VH/Z3,E$I*5.&Q1XP?%?0.4JBR/]1</4117EOA#'9UN@=F6<K:4GM-0J
M'7E[%%\'A *45;0@_P)KJ^)7R\!@?'*XWO JF?+C855\6)Y%EAK?>N9B96*/
M(.&!53:@A=NM5HG0.CTW+?FS'I^N\3$^N=]K6+_910XFJ>U?"XR6]@*PE_'W
M;!5@ HYQ4\4+L<G;:/H]<0_>,<LDZ%$$T)(Q@L4J.%#5XCSJHF,D1;@&M7OE
M16Y3&;&F4S9?%R[WFN]?JW(IMKE1T,VR]]*:P#\U^/F.>]2_ETO<0+>GYOV<
MEO2O=%UL1%M!K%&^66//PEY &\7G-70LFD'PWDS4>(X/_UP=R<<Q^YUS_R*!
MAT_#4]YZ(3CC)<G1;+1<L:Y _A&3(H_%T.J2-V&R19](<I4"++N%>;&<U]V]
MC;X>G=#0OQ44 3FYC[_ABJKUDXQO5'.Z05_02^NJJ^5;CY,W^8*YK/\@X;&
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M0GMW>:4;#*0=O>",3*$@)E%J!T7)=H:_T(1MN(A,7]6Y85KCK/1#DMSM)&D
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M]3N_T'?G&^UB8.TU;!@VA"UX%9RLL"8WB#UT$06)T_X^[T;B:L/<_WSY*O4
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M?D.MM_LCR8IL;(7>[X7WM[-;[#UIA]XYP;HBE*@(@Z&W+OV@)5S;+JPE%+[
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MM*ET_+/W)]#F7+@%6BH"N>M2VD:P5DK_FPNP$DXES,:P6T'S5LS[?D8V?+G
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M/:?"R8B+\8Z>/?HNY10DK< X'Z>^+M_QSFGWW/"G!\H<QM**1;)2YW,A,DV
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MQZY\2)I#*6,F7N $,D\QV)"JF)V#E-&6A!8,Y?T##ZO"S[)I)86F+O_-EI"
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M(DED!-@Q=N-(3GE8'A3C\>&/04B'/SGZ4=-[RL#.N+N7S_E)OV?5./L7>9M
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M2$=[A6X$OEN>W&-:&I'H7&F91%\/:V-H6!7=*S<ZT5IT& W2@H*5%03NW:/
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MJ8F>FNCS7"8B9N7UD&]IC !+T71 B?O.&S;#X/_>?@">, 8R.359D@5F0"A
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MJ$IGO&#S==R%]XTN5X_S(LJ#[->5F^?V'>Z"X;A=JAW0^^YUV&+OU$SL>QH
M>1).("J&YF$'F>,CQ TXDMXC;<8(",E\*?ML5IM1*F(LE'"!H?%(BN4'8PL,
MWU39=A88;TTGY=O,7.,UF8)5(=Y%75. X\"+7-BHVS>VA'MDF(YHT([U7>!%
MB-N,9* B2V?:P-'JUB(5NL@I?G!/>^O7=-#2GS3]P7O?QT<X!D@>CR6BN#5'
M2&XZ.:A^+ZKRS$1I$RXMT(Q[3^*4# ^"%R'YO.%93F#ZUOO?$O1'0C8;!U#2
M]=8-,M(SDBWM2,!,U+\3N&;L60AP,:4)F?&EJ4[SKUV(LG/1D"FQFD)M1X*K
M-0 >YL_><#J3R6[P<N0.G<5 +X1<GXEBL#JHAOC0&=,@X/<\(!,?D0EWA+KF
M%=LN(4:&*?ANQD9!O%]"5L89\P.V@;L4F1$E&]$AESXZZW5'=[-)COKR23L*
MW>YKT;/&3KD4/_*$R<,=+Q>ERT5RIFTRL+TKTY= <\+M.[.I%/')4:7$T0@V
M2TP6?:)(] ^PU8GBQ7G7;"O\1O692ETW"5BO)(?:!1,$]@:,I#?I(FDY=^$#
M$"]_(XJ.LU.F-= ,-_LS[X&V#WD"F:2(]'0@G%#R4,#A6G@56F<LPHK $PR0
M%@A($7B+3M86.]H$7C&0D([G)*];\<+;[^N4^]@B&^%J?2=COZ0W(5-!0-$
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M^5Y700N^KK>J%U0CC6/QI4?%!?T7C6DUHDZA(0486>!/+/6CTKAI-J[J%V4
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M?8P>A/% ,B3$ X*;2)),7U9%M2O#EXPQ?$!2?<^LDRR>I;36+;@WK4C]\1S
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MGIOIBB-Y+"HORE]+2>O&Y6\Z>O!EEWD7I4RNN"_#T-8#6"QSXTH9P:>_Y &
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M5U1M#(O@-8(H8V3XUKTN*H#C^MB475@' BA %"4:@Z)^6/B6,88/2%+,V=9
M6O,@<U=#, /^J"@F=?[WA#TAOP,B=:W??>B&"][?D]P;#_!.V'\"-PM7"BK4
M$A4('D+=QL47S%?C8W-\Q_R+D">JBDT'_C00O*F%V]G-(^MB<YR4$N+=_W-Z
MRM1D2>F]9V[%>V#*3=#J)+6+_N(LSYR>6IR])S_Z026/RN8<7.@%KH6?IK0
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M9_G=X_<2W<@?OXLQ>.M%11S*JKS,87_[2_N:KQ?X\O<=A>U./MI;2H3NLAI
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MMLK9,S5?%%RPF'R!'8\G@K>:$%B5YGEKS!9._R6%021J*]@Y&&(3N*^!W8Y
MO'@Q$$#0,,,03!U"=P"YLE'<0$0(NQ)\.1=[(OH^B3.L6&03,J71UE=V#G&*
MYU[ 4[DN.$TX17B$Z,PE)HZ?B;H,<@RB10&?7N# \I5T %*$IPX1C1S65\@>
MG6SSSG1<\H\T[$98=#]BFM=6A!C%):%P'$($=4'E]$M& SX"O_!\^ W'%&&3
M2D;_WG9!;U$(-61X\11?K*(>6%WA(!;#I5IV&X-<\"%46XXED5<MNV>30<UQ
MKY9)\+^>89LPHJ89LO&<^I0&Y%_9_1.-=+_E]*4PX1? F;8&N!9H9,.JQ.H1
M%)H?!4W<,]@#6.2^":_#-X6)->V: ]!_K OED!$B%Q&- \*&A;G@<#&P%MBN
M288&?C@* @5$:S_T["8N7F*()9A0HX]+90[H96&S8UN1BT- 3@K7H4C>O=/O
MI)!@<6XAP\</.'[4)VS.IH\("K2F]+-'K@9#SN-!LQ_@6L(!THM-W MQ12#,
MKH^.,]T=O#2"0L(UFP+@EM\/7^?X!#P25LPS0GA?V!K@&VP7MU_0!Y,,TXG6
M]&)2?C<3P,_Z8EOVG>WZ/?@O[ PR$!#";\OU[W$1?]I-@>8=*JI'TB2QDH'M
M#",A/>'FZLJI)Y])A!BP#EW"Z<?]HP,0OP'6OY\8UJT=:F<PU,Z.@%^66/SB
M24(7XO:5XOT+-:M4?YHN-I1N:H*["!NJ43+CGJ)8I%XGH(MQE5'$O##G,V 5
M@L2Y!GW <G!\\"'&.([Z((A#.H*ES'$2@*^,_HK$!QX(3\ 6BWQ;3!]-.Q/@
MB ,A4VSD@)PQ]C*,DG=;GWH4)G=[]+8PR#7($5M9FHW5#T@QF$B#@!HOE%_F
MD\>0V8NZ/U[?-84<)Z87(6JV3'^5C!.[$="O*KO\*Y84;G7=%IF.?@+7':D5
M" C< D&$+8&=:X'V\N\W8#M1=OH#Q8P2LB(1X-]6XDETI%I10->EZ\ 7+?SJ
M>F##=U=70*"^@#(S]M]L&O5\@.OD">?;"@>&@/6W=/6*8P.&=P^+'T >_Y,F
M/#A*PG:RQJ_#Z>N'9PXK>20S<$YO>E[-VV%6 ^8RZ)GU]_]\=2_O'[85E\'W
M_%?_8:Q;-J@-I_]&90F+.9 +!C%;AO"=- MR;7=SKX@$V>@ZKBL]<^25P8LV
M=;VA[D9=@;>%N+9>H;5'VJ\!$R2* X=5H'26XGM3XWA0A@.(= ._#$8<6LFL
M^/.,9%IE8CV>($%)^4/EN$IJ&D>_[%[A-H#'=@HKS)P[A^??3H\V*OL%1N7J
MRH&@X'B]'ES80SM96NYJ0>Z<( JE5]#!7#;%.4 AN"0N)EA>(#%=IRF3S=^1
M[,/X8)LN'.GSH&UZPKC (T_Y;N2(:)ITZR-A0=]D@]-RPB#JR?/ QB/3)MD@
MQ'YW(*7:0*Z3GB!=LF 2P:"DW_JZB77GHUE%OH!X9GP&NL3&).R\$(R/0+H,
M5A230?#4P9X!WP#-:.$FS.Y(5)K=28(:3**]8*EPU!%)2(7:<^FHAW3?1N!9
MPM[C"J(5K[QX^!.%R$PP[-O"=B2*JB(G3C+>E+3=TLQI)0A@Q48N,V$D:6+
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MCH_I48ZI*2KD+8<Z'81VX-D86C\-_H42U+*X1DQ#M'"$(D=/,Y"&B1S.ZDK
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ME A9$X+G/6YF$L37.M= W.8%XH5'4:.%PB8-S :%G/]A6;/PKN@ZE#2BM6K
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MG_TN\W[33[/:[7+1;D_(QO5[XU(=%SIU9(?B!7YK#_0_4 $Q.!:JN4EHT!B
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M(Q5Y"?N&0'8.N/#0"F7]O43$A)%Z=LOIR[,'P\=:?=1I;ARN-<)FQ[8BE]&
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MLYM'\IC/1RC^@_H4;>!4P"I!5EC4<898"EAS)RZ"I/)FHU#V>6E:7T1/=&L
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M.UJ>U16F74.!!R.(#' =+T-IC$<-_;WK-R+IP\,2,N/M1@@?=PF&!H>P02.
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MC'YV)>;-V)<D$ZL$N8,KQ>8[9P]_13+32OZ#GC<6$MIT@F;4920J]FM0--D
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M0;WW$ARLR2+#]P2<^@3_%>X(A26<EB*!*3W'@^OG-KWMGPW",R$\$B@$,@F
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M-)RB08RA0)3AJ[U-B0D]A^:-S,!:J1F2N7BNKF+/'/D8(_!MGY(FL/JT?&,
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MVV,+W"$FZIC[9)J"QT<Y>R\=- IAT^$9)\%!X2;M+04.WG+G8AA:MGG<R!+
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M SR$2K]S: :ZQUP>-.R05H -3^LS'XR96GV[.XHWQWS2/*P!Q_MBW$UWM U
MP+/7=:L'<I<*&[J''.Q6Q&51 @=%H*5_T;=(E/C9@>,92?)0"[61I6I@$MJ7
ML"$>(H"WCW80)!K^8L:)M*Z1MIW<W3.(&P% LJ"O_?&:>>:V30##O2D!_8Y@
M:YF:VCNMGIIEKI;A3GA"+1KD9'FBPLDSH&]@]\;QD??S='<"QMW-+S@Y'$Z>
MQ3W,0\[=7["TE=?Q*6!A!,<IID4ZS;IL'"J1A8TT#KJ0_3ZN=2&HA_0.JW%D
M4=D?TX!W@@,/#"UT1;UHV>GC3%+??+60ZQW7+^XHG8#[ZFK&^PKZ!U8.%[J*
M+.NH^HAAF-M/>@ ,54TUG%P]>+,Z)7%@3$G429]7]%JS-PG5FEDG^X)/(5A@
M0VP)C?V2Z -PF<V$S+K7UZUK2P"P+KDY<6U"Z?CH!FA>210Y866 WC_K)&*8
M#': I),!IK69H>@IL)5<:4@@XF5^F# !)YPL-\0L!TC#$: B+<QAP 3HQB&P
M)J5/Q0'2H),J5&EI9_X@.,"A4W!*5=8X^V0*7F$ )P"S$,^]-T[<'78DT70E
MS,FCJ.;!D,'EBG4<8K@'O2ZT\41Z[C$C6B[_B,!F)_DL+,]@>64JT'.8=Q:Y
M(!C,8R+R]]G69RA/"!NSZ':FS@__'[@!P/;2(S.OOXK54.5,@:$4K.[I!\IU
M^Y0ZX9J7'T9*?%F68P48M1Z<*U)-92U/-&@J7R%?77S$1?GJLO%0>F ZC8'K
M-AIJJKI51$4YTG;>LKQX]=4ENKEXE+^N^I(V;C+D=[UX[M4E:KA@;B?=VELO
M]U9_V\K%8:58"A@!L"C\\?_]**R6+_I4OZ$WX/$^V"[8!#(M.(H1'L.GJ<UZ
MYC@A9@JD8OFO&$@W,L30%"Z+E%Q[*)SVL@!GY:KV5^E"WCP@:8$ N;< R/[A
M " KGNQA"CL@XZQ9%-,@N.,F&IR1#*T(PX$=;^"FNAI;NI<WH2^O;^J+\]'[
MZX+N9'O<Y\5UXW(I9]R9%Y@1 '8C&?A>+#0E)!D 9S3X267S&2I7SE"%PB\7
M!G>UP RTP^K#?XC":7Z]K#0O88S:ERV0\B4!!S;7>A1KLDE^R H7\/7!4BR]
M%CX=JI@UHS/8[J'KF5E-&KH^U5;?!KK>:=&DH>LS%\1;JMH<4?U,5L<,S:L9
MP$[7&US0I^>KDQ2QCQ);:C7KM6'K?0,1^SCF52ZL7+6ITPV$+0+3"8(3850^
MXH0'/@=)_8JH=6,B;#UV$033:9+,+HDW#YO)!:-;L8I2@I\=R?8#?H+A9U?:
M81U^W)5#SF9R7W+S92S;C&1;0?#*]Y-2#^I2/33G;[GK44>=/@G)6.!K'!Q/
MY4%MJ#SZL+D@/'G#G  K:0.!"^:31;6$UN,_31J#+*^UY4.XV1%C4]\ C;MR
M&LIKG88#&H.C<6?>23FH=Z*W'*/DSFHUO"6#5BV]+EHRUQ3OND_7+\O4QMI>
MZ3CJ4R+W$Z\VD)Y2!5[<L]H9CVHE,F/LA\UF7$NAS;DA>%:TJRUEGTBR>;6C
MGTFQ$(0KYJG]D%]4/*?U(6O/[Z!!=L0DS%E9IYZ+H6:]O FB-N\K\$74_>S^
M_&+0_'AY]*\W#8VHK6JRR%.>S?IS>]K<JRP"U@DNE_C HE*\O@?VM&8(:QD\
MW"EEM(X;:WR\GTO;A^^!M\!5#VCVN_T9>K&U3[W\LI-M*BD\O-"Z0J+MB;>4
M25M'48Q;';L37:DKCG$PV$IA3#-(88SC(:^+4JUP=C/OSVZS]*Z+8LS+U"JO
MBX<<FWNZS<U[+?<JA+C*99RE,FFKE$E1LGM90=%RK9GI?KV(W"-]W7W+A:F@
M")/TC*>,)*;4[PH\'*4TPGOODF^2=]=#]@^#1\&UPN:IF"^\+'*W\RJU=7A@
M1^E0:Q.NUF;'\(JUMB+QBII]NFFTTID]NJEKC8P]7%\/&:[OC259A>M@FY.I
M(,TYKL:)W)!7E0A!?(=I9L_O]CZ8UP5;*[+#Q>=5DRWNH(0F>JH70.T$@HW@
M=+@1 QUPZ<A1A0D2>M) N%B^!]KCB&]D*-*GZ?M;)1>30YQG]#Y)Q)5*SDG8
M!\2%0IQWO#XYQ%%4/DBLWE%'M,54L:>649=:YG(T.^^\7"G-ZU&,540;YX8A
MU1VRPWNG48(D%2%J_^RT8NKURP&-T;+#N]<V0?/"]==%GWML7;;GX^[P;;MY
MX73G7JGMYEZ]=/0B=TU/'T:5C_8]E6C>-3F:K;C4%L60<ZUO-^?JB:!+4AF.
M<X^#G,8EFF]-5#?DHFZJ\TBWXN51CCQ;B&QK:J3(=UZFD:9]':7#OHYOL:\C
M=]C7$5L%W&%?QV%?QV%?QV%?1R139=4/C*^*R=K_N:Q"@@,M@7:<WP@ RE61
M;7YH_!1ZV,VO*?@1#0S!N;V>:24N&O9AKXM13I"Z5\+'@Y!;D5_AIU@%*D5>
M/Y^I<(JQ$>2_*Q515.UU0;Z]3PJ?[PS#CW_\?@ $R@E*YOA(Y-05Z_S/&T?8
M-P>2*\='ON63[M63!!8$.RWW\R3KNN4B/>,>W6'+N,6-?@E/7JK4W6L#XWSC
MZT)\NKON?G6* T">481=L#+"=11AXP]4!&BAAIZ5&LQ;$<:UTE8 N-F\&S?C
MWU%KM?JT"<^R K>5#*+[JV.J=M+1CX\%IX,'GGU@ U6 $3)_! 1IAM$F&BZL
M93E@=@%^69V&<H"G[PD;\AP?B968=SS(5K'7O1P Z!^Z7]*@#D@+(4)!SLKS
MDP-P-P-NAU/QD6J2]$Z@%5*;#5[;L/!,UWCYXE]K+Q1[75J-%N T<%W2J<0%
M+6JT/"=0:LA>/>BL=*Z4JS9'!8[W55[YGF4[2=F9:(!=0##+X&F!V1,.NBQV
MG?XLRW-P7^P16UBD86$.\$N *AR)!R]I3Z8TGFP._G$F2XJR\A3T;NNN-.=G
MS-THPW/ID0$N20T8?2JO0@#K\"0&'##I4%0?#O &1H_$ABAZ7E9\;R?QBQ#G
MEGR!FZNLR1<[,LP'O'I"*8ZT3*F2R5-K.H$=W$2Z@R[FDC$;)UC2<&Z4Z$GO
MKWS'8!F6_QY<$_:Q!DOUOL3'LZ=^Z>5AD'*6^NF?X@Q% %$X;S-(QY'.+F4H
ME^[47^EB2S)Y!06,VP:VO%*HH^J=.W9$/;-"EDLY0\6FHQSXV(Z:*F8JI7+*
ME50N74IJ]YRSJ9[2;IG.C42_S48./?4'Z20?3MN96BID<B5GG57*M%)V ZV4
M&#N8:WULOVL;I/[0Z,X^/N6B?%/Y4S2(*R3B&.:1RY0*(6;JQ=9_$-=TZ"KX
M!IHW\#<!>)_0F1\-%$#;+M?1O7T-N?FT+LPU]\>TV!^#ZXS&-4WA16#O@N<.
M>!%1L^*MF'2EE%V_#76_?"@?J^Y<5?A+\?FC.5JV4L?.+O&@)US%^"[B"X4U
MI>0[&3"-IK-0_\(_<I5_XSO/DA<+R?%BW(RX>SO1AQ<OOVK*[;3%/,T&WXL7
M=^5'46O[<[XE/Y9WR(^[LBVK=Y6+.T%5FXOB]^*=I"S(8FE-#V+2N:JX+,DE
M^1!PT_DZYLC;F&/YY2OPW3N.D48BKW!L&[JS0U[MRO#G?J$,>R1C-[P12+W$
M9[\NR-Q9GJX6%A_SG.G(K:!A<R;T"#TLN3 BSM)O1E*53"7K5%VKD8=OI+L.
MYPFJVRO?4'RM4^WL(MN=-6KWS/MWES9)*?M $F7[\:*H)2=6RB,XO!-IVP-9
M?%G>^-:6PK\V3A19*S,:J^E"<?Q^1;DVS<!TRU.Q_''1N,LO,S!NE!4B'AV_
M&%J/VGCLFIUE6_*9@DO2TRO;LC?SFG8K'HII$@^[C[UM*B&NFMWWIS>J4'DN
M_CD2(HTI63)3RCIC[%L2$EXQA+C9:E=V]LO+74MNO16DQNC/H?+$PFL9JIRH
MP;W9'K&8B[VM4X"(7,!*[_JZDH6]MT1]<CSW6GTVU-ZGPW<ZYAJ(W=8]I"!L
M1N8KP(9TCMW9V83F)<DWXJR6VWOVV-0,HW.#-K6X>GXOO*>0=Q(OF4N[!P=,
MFDRY$-R'VS(#)JUS=N_>^*B=ZZ?AN/MXI5V<O:60=6)3.SLJ-"AEBMG "XBW
MW+.0)KVS>Q;95/4(:DZZ?F.+'!=W@]X^JIXTA@9*F:R+[9<&W=/:0/?L*@8P
MNVM_OE0FHO9<3B&=QZ8GDO+Z\\ 7SZ\I.OO69=EDHJ5GCLU@>^P$^1AKA6OF
M_(9Z&O4OEX$X"V)^NF+FUSZ6O7G/;=]) *&<R5)K&^^^95E)=7_X=O=&I _K
MMG/YUL/S>-"C*G\LZ^[("<MGJ'+NCV3>_ Z9=U>&:OOEO9?7Y&IG3OZQC)98
MM1B5R9'D'UD=WDRRO')'G+3MZO#>7&"N;F8W+]WR]ZC73)>5FL\4R?5MZ=](
MT1W.LUGCU_>07NMF"G"/_%=W],@QI>\N;!(+6@40*(?:\/TK_FQ%K%+[3M&V
M3?,^8G5^]K9H-[@.]=UJXL);-3O+[5# 2W"Z]H?:\!A#?CL6#[L/ZFTJ(?*E
M0C_/*@OQKO+G2(@T)H#)3"X7?%Q78FQ52I2M=F5FERK:UV!<_:HQWZXV?/L&
M=RY3**\KD_N6M>%4-ES#DK-68O\M4;_DD?28?5K<?74?\]^I^"(-03.R2&4J
ME3C7=<>F,*@8:_3VGSTV-<.*M]/AQTWI;I KI)!WDB[02[T'1P)M1+KDE-)0
MGU=.7N?LWKWQ43M7)4T0J5[M@_U6M>$I*4L@R4QY?5W"+NB^F"[%LWL>V53W
MW);HSS9W/2K62REDH&WKGC3&!LJ9/!F\;SQ-\[O3% 3HT>1Y9S FR5$:;:S8
M%$5B+>%4)O='S^Q.=DXP19J!,W+?O2 ?:^VEU&H^RL_75U>#[U[X1IJ!.7+W
M$812-E/*KQF9^D>4E:2:;W=O1/JP+CLMUVJMI[.;!?7'LN[.BL.S^3]S.'_"
MQ>&^S+LK0_7M;38KC>^ERT_NCV6TI*S84CY3JB1IQ48M#C\4CNV\<.P;6>*;
MQH2J=\I'X;(P5BGAVR7,0]OE.XO[Y#+%XLYJ0KZK>"#3)!YV;_!O*B$NN9NA
MTJ/8M_(?)"'2&!RF,J5"\,QD>NLQ4VF*WTL7ZEWAOBV/OE_AV-9M[V(F3SI#
M4%OHU-A-M1@9KEM33YXTK=[IOIN?/M&DY_:PVWB[G3"2<\$])[+[F8I)0:"7
MRN4RI5S@_=O[D[%OKJB+?>>-30VOIL _?SP\/+R\#=/&.(GGZM/NL)'94J;D
MLIDNM:GZ>+7-[KT9'X73>)/;\TYE\K;(I8UO8E,XNRH2*V0J5"F-*B>7+I6S
M>P;9N$CL2YN5KTM?7U7G!-$_3.ND,0A DADR1*APFRSHNB]AC=[9E;O?N>U7
M[M^5)_F!31N5QZ8CDO+NR5PV4Z+69*E-]_YOE1X('/C[\9'QC8XV 8!E?O\W
M-:FG7,V]+EJ*?*&TYJ5Q;?S#"AX,2H($E$KT^0FG$!WND[B3)K28P3_($#WP
MQ.&_Q(261SR =-8.>#/YAG[(BRP'GYIE)B$I?XKO,;6?#GXT\,'0_Y+,)*8#
M=L7CHRZC2C <055P\UJ&4,<<2AC3XIQ0)>D=8%;@9YP\AU0-?SGY>T; L#R5
M_?<,D/W7G#@3P#/0C\A_,P1-X->:W)TM+14LML:?.5JN:;R@.KI!LU0EDO+$
M)T(',N?]/E\"^W]6FEZ530[1R6AMJV3V!)Q'YPG'HW]8E<C*Q8"/G5U.'#&I
MUB &_(<O=DX&\#F 8E: V5H%9G\^Y;8!QZNW)E-ZDU5V4D@<CO!./WY?TA.%
M!A+G:Q6.4!X$AR0+:'>@">\$ Z0:S\F0QE%I L&K"J%H X5G>5J>(X;C1)JX
MIF5>!2Q(7/$3'FB4#!1\@*ZGFLR,:84CIN 0'."'XZ/_746/79/5:67<$J1/
MY1Y-S.D.5)J'%<1U<$99$KK#GO%V'B!'1K431L$$IR"D\4.>8ZM*6YQQ@,^!
M2 82<P:.QRFO4U8L;@/SU<*C]LA3HEROK-<QB5YY?7/S&DH+I,&RI@(K.N?G
MGCJU5SARG/"" +X%B$KF(!$1@*9D%<C@*?@#$.&0%Z$MP1*?O#HFZ!G-"U -
M NI5QJ=$?ZT$/C[ZI!4"20\8<88B^UQC)6"VO8S!?\<:34 [8$[+P (3B?H8
MO(^@198 I V(G-%5/_C+E&9X%<G]52K/K@JANO[A5^U&D[<BCLI"_FL^$O.C
MNS<OHK0(%.-\VR&@=J=E(1P(D1^_R]#Z=OJ_(479IWI*M"0!\!=$D3KF <H8
M #,%%5]A[3T4.$Z%6(,'UQ1PXPD06 #<\&<*_T6L"D0%D=KQ$0T4ODH+P4B@
M'I($8G"+:^#,=?W(9HH@1Y<:3]?3R92)E0Q6G#GGJR.00@[0@EOX?0-:N)^"
M:T*D6ZC ,-1FZ,K0(,-HI9$Q#W_KT%K-)3*7GFM=4E0 ,!Y\%PY\\QB7FP!K
MW\S$WJ=P]?B0\]0W"*>>1]T.E_LY.@6793GAT N%./!CH=_($N#O@&E/6+V@
MDS$*.I'<!C)@P,$?T\C;78#/ SSS@H4(4#5-Z5^%$ %0CH\49LRQF@ ^J&CR
MC(.&/G@$]%GAQ3FD%RXT80Y=@MSI&A>FLCL/)@$7JW2:A4ZY]RG7>U5$BQO(
M&C HCX_(,L[RVMTJ<#U@:$(H [C3Q(0#> .(U":0-^D1, O08$>L_T6 3)E#
MD0TH[X'2-NP$8)-Z<+[%0.@  CH^>N!$3?'QT'+^'IJE[ +\7SD2O\,#H>.8
MW/YQ_B0^WX_O+@+Y9]:*A"QU DZCL_'*@]=Z9V02WIG#,#*]LT1A6/NX:]_S
M%,>^5!*&8<*>F8>CY=18Y5WX68GB\.M&X?JSNO)5IM+H906GF<@^5O'4.<5F
M(Q_KE.A(0,J"2P'SQUV!0J=GP'$BTK4C$6E/\*.EZ@2'8SGY$W[6\@2@0P&
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MLDS#)[*T2F> 82L .XF08-O')Z_H19CL+_,F5C%A%6U0YF&Q9M%Q!V/#W]C
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M92KD9@Y3+C&YM6CT.%ZI7;0ON3@-E(T']FTH<:P-SO HMGQH8A/[TDC26ZQ
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M$V>\+(GZ1!G4 ,7"W\+98$8S6;C#X.DNYK-0![FD\'I+&XUZ4-UY"+S6G)K
MJPJ2YB+X^8@3C>9R>L +O#H_#7<D?_8Y4'&L5'Q-R^\<)"856!]P] L:?@!7
M7W"J)J,=0+P(\*^B*2XKEH,^("D<>J/]S[*-,0,L)QY8$4A6X]$1D(^,PQD-
M+^:()'@SHQJ><">N&*S;H,+YV]3'&R;@&+>DZZ,M]-;,":8N-/)#L7:GKLP$
MT3^')QHZ?SZ3X-03*$J0@)K1,K2$B0\-W  VC<[ .? $+,5MXAELIEA:F+B-
M5;<\ 9%8"OQ1;X4^J!&>$OS6T05BM&=8'[&TS6'?OXMQCH(H $70AI;AZ"79
MTKFQ'!_G4:>*WGOJQ,60GO#"_)]U@TVM<P%7>HATHOJNS;'?9;9TY3!;^EO,
MEBX<9DL?9DL?9DL?9DM'/N)AMG1:M/F2O;9_O]5D0N*MH\ 3%*%MSGGWC*Z4
MDZW_^NOB_F%2O3@_'^7ORRLB=F?CMHNG,-J1J_P;X ^ "-OX@S*5?UW<W0C5
ML_N;ZK!?^/';<G%W SQVLDGGP.VUJ><EG- *'C3E1Q*1X8(&V2+Y@]OLAQ:_
M"4>LX!Q0),?TANNM]%CC5:_N1%ZW'+UGG+P[;!GGOM&/[=U_;5TS'=L[7A>U
M6>.!:=-/-UUR"]W9(;#^+?NNX^DTSEI&$K>&G5SE87:I=K]K7W7)TD:^F&;'
MZMN-F"OL23=U/*C?7=OT-GJD]ZAS&&X*W+0X9ULE@HDT?GL6T!DZZ4H;R"@!
MIA@R?%['D5\TMA*OL;WMC=[>FN/GX<66.Y6QX[9!!=SR6LEUPOH,V_2&:@Q3
MOWU;2(H^H]%2VE$<'QSC*_'+D<Z:XF 5]09CG=%*?2Y ?T7V8ZW^TWE=O.#?
M)\P@H8Z8C7GH#*X&,*X0;U.&#\K]X)8P\[A,"MY]_TJ<H(J//TIKQ(SGZG2#
M/6J:^,[)WHS!9E\7?)8K*X7G_(*BDF_[L+-)U)X/?+T-BJZC=0WX$(L[P(-S
MU(*3)996QD$I!)6:4/\&U49[TY@1#XCCX\1RP=E$$;Z'8NF_O_)]4SEQS,/+
MM%Y6'OMOV^N&<&?$35LA^I)*>PRUVF;9_-JJ^24"DE9R!9^QI-^Y<R$J"N)C
M63)#Y<LQKZXO W7):F*^TQPPC6'<C0=QQJ+_R*J4'61Z^C+-<E61[<+4WPT]
MAW3DD_,I>N9\UCWH=<'F/JCKIOQ&LL(&=9L);"(M!<G]N"9]V,)3;O+ E*FS
M"E >\.;&(@@%"#]T=Y..MIAVV:"R#Y[]^&CU\,1&.1G7:>FD/B(7CDW'+2)X
M#89CE'C91EHV<M)M)(.JEO:_9>E:?GI[SRI-L<\%&!#N]_2$-2N9(6-9^[1F
M7T!P^.G!]QG'Y=[/M?K39R$!^,795EDJ^*C% -!;V=ET2K@S,,HQPJV_9LGT
M@*-A%?2?L&TDT7-M6\=5&09\AFWJZR$-NKWB<=N";Y%#W5/AA7KJZV(ZYZ>-
M\ALCO]/IT'[ES;1?\771_9P5/Q^*#YT"$+4Z& AA>6^\30CU.NJ\I 37AJ$+
M\?-_4"&^#NSC(W]H;Z:^=U]2L9ZEHE=:E-PK+1)Y]>M"DJ7S4>%^5M-6N3X=
MX_$QQ0<DJT/1AF<90]E2M,'6F8OYEUKY$+[U-'S#<&P_<!/ZA;M3A/&A:N-0
MM7&HVMAMU4;69K#JOEE;=V%T'\V>0'NJC(3[FCJ](D=[4K=AV)R&9[;MJH.E
MF^$.WZ1#""ZCS/:S?&,C0+K&$A))/ 89WZX?O,$-P.$58-ZB_NFVH@ "M?/9
M5VXR>[D\Y]K%7-J*. R&,L!/]#[I*7&U;B!84E3@"LR$F2KGLP@\964=$>"U
M:]ZQU';H-%?56%YM<<"_<E0]S?LM9G$K%:X?W[==V;$![]#P(L20X[97!>4!
MPJ1SPVM3PZGAE-!0BB].773..0[ 'Y4E?Z#X SH[>)>%*^BW8E^[GUYP-)LV
M-8*.# /IZ,Q;0[ -4DFKB0Q5W#/Z7P^>.(L6*H6-"+^V)'S3%%0T&:Z8;W"L
M!IYCSUPMM&'U[N;V//L@;KWL+\R,5>,2 '[F+;:&>1]()LPFQ37E9FGCD;"0
MBH]C*L5-V*5@\T'\D[R+NP>M7.Q>M9_NDUKD%&]9;-<]ZKS3TLVES;V#FH%"
M8']_SPMD-X!RC)4%:PK[W3FQ[!8-\,@FZ;^U))6L=;0Y6AF,\RQ__SA.1J,=
M2FH]/>C "$O<O"R6UBB$/[7R-A9,Q2<MJ RY3BP[RW,)8FV);O%U47NYU)CS
MMT^F3\5=HAM3383[)+F$"EGBJ,,(_#8S @HH$([4/@'_G "2&*API!^>X .G
M_RF<J@H<"T<3RN CPIQ0QT >C\:2IBY74;N49OA4E6WSGKN89K,'I6(]."&I
M3D]YH+SN.#B=>BEBX/8!=6X0B'?)6-ZS9&RCI[\NZ 8I/#VS[U^UM$S-J9Q:
M9TWZ_W>U@(QZ760O;J?RU_#];O;VXS<"RO&1#A;$,NA'Q(W,37AMLJ5!.AO5
MT.U@M,Z&TUMI31U+,H^FH"/H,CJ\I2':.*4IJ%J,5V"IF#Y1%U>  =F48 V8
M.QN:V\"L'.,[/<>#X]8]Z'5Q/ZN^#7/,>XN,T@^37(76.O8@3HBJ!VX/]5I>
M-3N%0\W.H69G%S4[W_BF<!9&G(3M'ZA8FY7UD(G_^,(J,D<ERIW?_72!229:
M'5JQ'+8.;=ED5;)9&L   C)=-RZ4)<FAV#L_S<+^*K*"RF1?W7:=6HT2^WK3
MNC292")^KK'?M,(6FU_53GOQ1+L6V@:*HG@=V2U:LKK?T7FH@'&4=J=E!E*R
MED *?M2/WX5L-I/%_^_2&8>K?C&=^)(4/A_F=S04=PI<<+S#Q-$MU[(A\H:6
M'^#G;C@9G2D9!-YD[_+D ]\H?Q77(VKU2#M!T'VO<6,@*7N:S3JS>G;T!,$2
M1S/CZ'6&2TP6EIEC!# /=ESI%XT!G?6SY^SH[FHL=\BP_(ARCAZG]8LP1T;T
MFN7<+OR7EL+2)<*;(1&>C0OA76D^RTG=\T[6?3YEG C/'A!N5;IA$!Z?P&;[
M'\WV7:[R(7))(SPV41X1X9%LL%B*RY9X)[=E;,&/U-P(H/=^V9D,VP66+.S(
MY/(X6DR&%QF3X05/2=2(, 98-FD#S!.IXX?)!<-E.T\S-B$S+!FDK1ICY#:,
ML0#BN;H5 \P3G4]RAYMW*^T9N7TS+!JB?0LIUVOF!"OHELBEMF)L>2(W)_',
M36\ZY*JA?=[()M<!N?$85I[(+>?)9H]IWC4*^:V;5SM$;M)AKNB%F4L**6[)
M!+N1N2$'%]/:*:3?Z]Z]USK9J\_=F%^NQTJ7[64>,9C954_8[/) )//.\X^2
MQE:E<C(V5Q*8VHG!%:'6=HGEVC9,,@]4%\<W\]%MH5)BRMNVQZ(0041]G=H"
M[(W#*)N9<AY$P??N;J8WN?S#1>*1E%4[[D 4,3IOL2H%GF4GG5)N\<R6MFW_
M[8PH$HFO;;^PGUC6D^'3N!<>)5Y,'E7E+32J\4S19+%S-_:O"7*<,#EU%DND
MEPHNGO:SC\!FTVZ@V!;\U9Q>]+6/1XW?EDXZ8#8<9C?+_"R^2E^:E!UGE<%P
M6XIE.Y@-/?"]^;H@JQ]?3\*@7WZ,L@-RHX'OJ9FG:<LIF10EJ8 1[B#E*<#K
M9;%:R(+_?;5,\VO2;U_"V=G[HEI92TMA"Z*M)&<YS(_?YX!!.%DY/M(KL>O2
M!%QCC@:OE/Z%I=K61 NL"392,/J/QO2,([@/C9\!6A-5@@-'DB;@:(C1 & '
MFDJ,\5OPNG*?%QP?0=T.'L.CEA=5(B21(V:2RJULE;8\T.W4*V=<?:CZ"?XU
M1\]5E@\^== W)B?"G_2:P,\^/L('0A>TOWM"SR&6H.F5@5/+>16<>@H9#OQ3
MG!.23-""8%YD!;B<P!*#.:%HS%B_,QQ%)H%O0I@#ZTA$,2?X=0S(XR/\U76C
MHW?9)I &9MWM6RTKS*U+SN&.\W_!:SXT3F0@N(I9N/)<UX$L/S,.BX]PHDK3
M?X@BM*[U'QA:L8A$1:@J_&#%]6X6J;=_ <[G6D\;QK/47Y[+P7*0%:,CG%^*
MZ^>73\S_A9H[7$":=0 T:U!MZ\2*, -5_Q+]^11 I"K3 Y[YE^@ <8O1V9$@
M!JFB;9>]\36\SWX:_A3H2Z&!806E\1Q#UQMZ_K^_ 9FY4-Q YNCWDP$'; ]P
MLRDBU&!4N,IA5'1;P *$!)[^'TV,9:A0_X=^S6;[>#J@[2VX.3. L  ^+.)!
MI/< ]:']G_1OUY.3&Y\<>]U^G9=;>)G;:P+#*0!2!K_/KKJU^QYQ7;UK]]O7
M3>*J?=WN-QNX)RZ)EWM>=?"[T^TW>T2_2_3/FT2]V^EUK]J-*C@-T6IWJIUZ
MNWI%]/K@!]?-3K\7YQ'1ZW]6)_H&":#J.;3H! UBES0%6$?(++H_[9T2#2C#
M@9ET0@!UPX&W /;%MD5FQ:#ZI&49[C4E6%JE,\!?$#A@B*".XD_@D1!HICO[
MR[R)54Q811N4>5BL671<>O3[SOI8 ]D\.^VR7;NAP?['VF[!G] WX44-44TZ
MK^V.E 37#EC+ +R;3"GWQ0$>7WY=4!?/G- J-VNWE4A^]XZ:2O5:/GPQ@D<C
M1=$'8=1_#FP-GMW#_M)H5:N.(-8Z.(<!XNYZ]SJFMXJ]U#^C8_&^U]A%]QF:
M@AXJ81-F%BU:P79!BQHMSPFT@,W>ENE<YE I5WQJ?/ HX:K(MB#!W@!Z?>5[
MEA(1(UH6+B]H'5TG@SN"P]HS@Y^<<M<?-W-R$TAM%"'ZOQ\U6D"#% <<D(PB
M  RJ= $R0F+],S=NWA:978^%6*86K0.G:TRYK"<KS<>\NH$IICJD')7)%M;N
M-'>T@6P@#8/L%JF4[57_&&(Z]2#:,^:IQT-_MN>;A8G-+T[.E9L<_[[GY&>[
M7D!:<P%)/I<K%7+9K0\.WTT'BA>P,6 (5H/SFI9#GDSO[61 PWYS1IK V60T
MO!H^R$\1QLI)ZM<ZVK=D,MLB(W/@>0T._]D6#5%BEP7X4'T\? K]")WBAI[#
M6?!]X#XJ&,I*\F+[BYTKK6FG]\ ))M]L +0EO'ZXX2_JK-?X(?O#Q1\A*]@?
ML=2>;$6<D^4T+C(P.7^OZJ#]! %2!F:"!WQ4 K*>U3A\#%72TTL*)#[P,4&B
MQ77<7XK(_77SC= M1<DM.,'8LADB>1&0_2HP9;KUS-!O-A'@!2YW2(70J#N7
M#.NAGBKQ4,E4*FO6RJ>X<'$3^0(C$]LKMC-C,AN[;RL;M-<[<+6-'3@J:Y8[
MA*KV72L&VD]#]5+X>+B;%F*VH%/KM&V5C0L4T'R%C<O XO'4JL$]M1@(S=53
MF]]JPOL9]:'=Y?>0SM9[9TZB\O3.R'(I[=Y92*,MBBA-WE=K;L572TQ"=QY&
ME[UJK<U*E3_>5Z.RAC%F-H]L18I3F3*9QF5"L7MK0<(R4;D]L(>!3Q'$(2.W
MYY EQN?B_/+I2[EL=N1<' [9SIE[,W=K5QQ.DIEB::V[%9W%#9Z1L;UR0F:=
MH0W]A[N7!ELV PQ*%[E/&[5[;!:*(1J+_ML=XI'NR;.XVE8OQPV&:E3=8RZ.
MBZ> FVT@2A/'4IE*'NCE?)),NR2QAM.%6M+-LF$I&>>I\%FZ;_9JJG9>V0W=
MK'A"&Y.#IT]$%;)Q-'6NL='VVC3BOCB9@;6$T$D&)OX0G,UHZC3*#Y-VA9KZ
M&;K#&YEKH0,\ZJ_>E@QE'P7V,5=I?K%,8#/)'70FU%(@98/"-U4"N!!D+.5W
M\(JBVD%)I;'P*5R(/*@\B)K&7M+KML7 ^_E]OWS>':BW^8W$@(/W]R"!Y07M
M- F%0J90V-]Q&SN/LX3-6465+"B1A4^QDLVR[\-P$QY^(\?69+-6FW?CD@K/
MPENU=_'^]D)6]C#+L$DV:[O<G<MD\]D,0%F,<PTB,GW(>L1XJ,_52R-IA6U4
M&\4F1>TA\:U-<85RYRK%M+MSWRK%5=A.BBLIL2V>T0^SS^>+R:!P2'&1IN%&
M;C4 3F7(;03 TVM[I2*4O3$G>X2RDV)9K?A95SO*T]G$/5NUGZ'L7?%>/E/)
M)AU-\2I#\XIE)V0EY5Y([4[D;AJ\>_PN5;%L/WKP-'YR5#D&XZ>8HN'4NP]H
MN41MUU%Y=GNQ[J2$;/WI*7LUN!O/L_''NO<JWA4F&KXC&4YEBL$"X@D%OY:$
M3]G%^PKDUT9N$U< A6NF,GN8U%^H_25JBQ()!]^TJ1DRA6-PMQGE),-%E=9'
M.9O)JX7[X52<CA9G[[+@"#1Q(IOF*--&(<[MRO%LIE"F,CF7)0(IB'%F_6*<
MS>2%=[^H/)SGYQ+?IO>-]-8'.,,(WTH<]2KEH %.RQ39-7-D2T#!WM3O:L,I
MT[JT[\(+-\_&=V94+..:8CO-II.+TC!(T_>8#13\/#XRHI\*Y#%@]SB4&$[8
MH8$UL!<E0YP)TD S!]FLSM:M^%J(2]L<R\2NIBHJC9@;ZS8-_SR*G/%;YCD8
MMB9G_?ISJ\>$-[]\#A_0]$IZA_:Z0"O^PY<N,H!,5U!:BP^E&Y9L^*%TPLN=
MPJU<?+G-)X]29^5#TBAU;P^!DCHX3B'O)L>GF[:1^R%5J[2?2W<C=M ?)XY4
MER[LQ/G493Y#.)3:9G-G"/"?*0>>,^.$.?'39_57-?#JK_B$[GC,<]..*I]_
M5.+9^Y6X/ VR\CX,MLR!GK\(6K'E&*<X<[=V*'CD,?UIF 4>Y&#D^H-5X3!Z
M1XN\BZ7B3_S>$L[@ E9*8N-EBRI\MO+#E[<*&=:I]91D$19<GB@< SGD$WA2
M"B>&$6.BY&5J+-G#%Y,K,_4_.9DCI.4=_PBFB-FN[XK'1Q>:"$L5,#]DK&L8
M"#1H'<TDAJL*]$CH5).9,1!'!#V2.0[*(\1$'A:^?PQX4W,P6R0I.X_1*C>2
M9!ZRV1TGP!G'0#>HX-]V1JL.A[S PU_K=T3C6.%?E'JSJS/=1LSKL;'LC;FZ
MSSU6KV^; =19G 9GM@C8V^#M0->VR8$D]YBZU.6&TY X.PN,%Y93  / >R%.
MX:!X6*XW[>GV3BS+3?>)Z*2[TI,ZX^O%9BXF&RJ5]!1DV^I&AE<&IGK.X)H6
M$4A>CKCB)SRX:P;(0$87C1!&LB3 132#.1::P' =$LTOCM&@:4UT 8P83LX0
M575,B[3"2\ 2:7$\2[_S@"AY$=CAJB:+J)+,09B6Y71Z=< *!-V;_?:'1M_S
MY:O<0_F\6&/]$[:NMT^S^//-<OGU) 0+N'R.>69,T&AQ /$)/01.574Z! ?6
MX-CL# & 2!,L6AMP DY]@O]* #\"$A^D5_T)P*= 0[@-*M;IVY4!H.Z'^5'U
M^ @9!  'BB8 C<3,E]; *=$5B0L-2&>JY&94F#.M"9B;@!"@!8?94$C&;"A1
MI?W@CKY0HPI*N52H%K9L-I1. (Q2)>:7;7XQV UP;9=I*DQ7-Z&[4_T:44UM
M**KWAAB?WR:]8N63F7YZVK"11/7N2"Y)47UZ?-0'8N]_P7-V):;AK^GC(P\Q
M#4_'6^I=X'/#L@:\&#V=RM(,WPPR!G _IQSR05$)#:^J'(>&Z+AM^*M)M,S"
MMS=XF6-420;7QAH._)/CX6.'-"^+:(O-E!=AM3HQ!$2T^JHA+X*+\' W!3OC
M%4D.$@^H2=([4155_D.C_Z2M>6N# M<T</()R@B5Q1P4R">2]LOFLGMB^[8*
M=$,;SJCZ9WF[B<5L[B2;,B?.S')D76L6PRGXS8( E1!ICOTA,J%1K5_(#Y/9
M(H )&3"1DD+Z25D08'6!K3TH<'SD$A4@ @<%FB$LS;T4C.^]2>GLI=G0IH.X
M+,V4B#]?2S.7UJ  >!!G!K1L'8Y^=NCQD:LAZA4N2-X.A2;PTA!U9=3=VJ%_
M\ +GM:9H=2KS D'E,GJ>%F+/DO8#%,(#>$\AP#'Q B0Z)*<]GE239%GZ!%]6
MD'(W9"8)+%,JMY&D;/$R).;>F)\"XA@!F\T0:1_D;4_-7E^7I@'4\/)@'AG;
M;/X$G%"72EXOC4$DY3)D9&-L*F@*%BH,(VO88P">@Q($0VW]HS=8$"6/)FTR
M?:C=%7)=A@IBDMM.MV-<E2*'Q2S<!/M99(0U_<2$<60"G/F4J -1S*M$BV:
M\E3G2/#BX:]0# /AC,0TP6#5CTHO:.MT6,"M6,H["*!AV9;)#=3E>%;+S-;E
M*-<;^!RK:9X(52@/S^*B6[SG._[V2- #;X%2@MC)5.2*,MO2X0SD< EV0HR$
MN6NPWS_M&E<]80($<+&0V<]G]9P^X[=;6K@-DC!=;S*3HZ*6C5K;I=>[W,7
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M*M;E%6AH .!+(F=C *0&X _Q3):J84W N*[9"@1^CPMO;=_B)Q..Y7&.6^$
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M$&3G;*C&UR2]9]\P5R%#9IWCRD.NZ_;J?'65.,50,<3DL2I?3#IGY^>?XF6
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MK(,\MI_ '5=SS/TLF.J;?B8?#:^-EYM8/H":XP.(S20K<]>YSCJ,^W#/&UR
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M&B)B/QLL53<JL(Y:*OL9Y;BK/*KN?>- ?+23VOG(W#4)S]GT(CE# \##MF0
MN;"]18(!=(-R_B\A?/M92C2+Z=LV"J;OV#A)ON0.GU<TU9BJ [GV9Z:\8D;\
M4IAM!+GE +?%]8!MPN+Q7>;OO(=".T/PK*N$9<L,"+ 0FOR-O6S(MT<P-&2J
M(KI.NX\UPFZA!QT,$1W$([1S9#"HX-9.6F2ONGC9XH!7%;'<1JI0%+$<236X
M]B&]2 .,)J' 9W>8+M(7KAEYZ\PY(:(%78)"X:!4\EF:WO8$[KOQY^[U1/C>
MV(\*B*&U$58HU!GB]V]B?,-](7. 5!F$8N$@7RJ4$AAIGNS72\V4'-CUAX?Q
MOCKIO_QXF.^G\,\G*A6OM%MP\JA"1XWK;ZA&@R9.@TAD5\/,X15SQ.VJ#!O9
M=E<EJ+ L'P=XEIP4K,Z4G/),LC><C#\V%)6Y<A6 7RU3*&*>NE-/#FBRB4QQ
M93U)PF@J;'DS/"L6'G_TO]_&<)_%S1%-BS&721#-BDF=D+D-!N6R#:X/I<Y(
M1F&5&#C-B>>118)E'1&H].%E E[P@UORV, V8;Z3V,N$<UZ4SX_MEY;>^!$9
MFPNI#9@URU6R4RBP=1: #:$[%X9K=:JSC+#Q5?>:8^:J'?XO]'5.%P*DLHW6
MJ7BL'N]_,P:5#]$:4[(V!#$V; [(UUQB?/B$:!>BHHRC/(;S?.!)-M:NDK5Q
M-!A\KR[W$/)/P682 H7MN?;4E74T0U65C%TTO9U;Q"\M[.LD:9<+;J_R#)VP
M-[.@G^-8A[L4Z(O*8@?51WR>Y R"3C  ,);6UP<=< $H18<R#O 8D8,9;QY[
MVG^9@E()!C=,4*0?JAV9N6$Z!$C9DA*B[J .S..2T]3 $-E ,F?!K&?O97U_
M+N5B94&?\IVGZ'A[RW$"^;?-;PH1;HIC#_E,#D)1,8+V$ ?=\%E$/N[GQ]ID
M#W9H'K8[C@P)F*#(4:$X!Y.ZZ' Y+_SROC-L'4Q5F#UCE*G<EZ;(3Q8O9.^(
M Y&*TKM3GA%+M0-X<Z9,VJR+##%U-IS5N.*"&N\XGC7R?7IG_UYC)(7:@MQ\
MI;I&_/86\V0Y;,O]O.B*9!@XH;L0@,9FCE*DNJ@[,!]3#WG-H3MZPK9K>)H0
M^]#K/@T:,EH+5LIXDE@)D<9"Q^)WFQ.>#6#7=GUN#.[?[B#0$!ANMM/6Q\2S
MAV,P@KYWON?8W,*"M$X( *QT?SX$P&P)NP"8B!#$$D%TD96#B82^!(,2JP<3
M$::Q1+:W7@E,Q#=US+.8 2;"U#A8D0OVP+)"@O @D=KF'&"(:^Z.0X/!M52.
MG+RTNG%J0X77,1#%7''AU9"I6#Y=K:8\E HC\TL,6(*%9C^_%#(U%]Z,E*%P
M-/\%<D[##HQ]NX6>8M;KA*(XQ%B*/U^5N(R% *=XIQ0&1GF&?MT@7D4JO-"^
M;2H7P]OZMU%D,6P <I+FDKEG=E8F6&Z_-IU*G!"=0@UI,^0'UKW4U#9+IG9S
M9$]MB74NBZVPK,'4O),W#V?7#\W6]TIW_A&-.]/7W+12KKA\5;*WUW$6(<V%
M=9$U5(\X1M;V5C1(5C#DEE5*?3%=2("IO*2%3MCD]+LZZI1:#3'[+'K?U>=+
M+LI.1M8*TQ&L31+]*QS$=90-EHZI8([[::;Y%*7Y=F.!\(F\FLM-S_<!B,R#
M[(H 50M)SE](" S-EYM&(7]6_QT#*&8VCEHP9SZ[DUVHUI8]V?YZNB"46B[@
M0P^B[Z'A%V";:'2OH^70O=+:Z?KM:6F@EQ^D>BDS0*\T62!.!#@%-#U?&;1]
M5E6"M8I RO=JR#[XJP:YA+/8N]^3_J37U[\>/,< [ F;U&MME@>!J[H_?6B3
M(W#%@-[:CYU)D=;V5*N'P^>C@^?!3637@F29%*L^1RE#;9$'BP=(9$8!6Y^9
M[0KW=]ERM7%,^$?%9GW4<6]=4#I,].V[;!2Z=;/X.T8Z3II%K2NZM$OEY:J?
M-^KX*M7QM)T'*QXF-L)6=8.P]2X0MHH;A*T-PM8&86N#L+5!V%KM#?YJN%:Q
MU)@-ZM;[3H&A[*OQ]E;-6T0X)]V*9T39V:=V.AY&LR50]W51ERE:W;':6/W$
MLI'J5@]F%-Y;A8),6*/"!V8YPMBE"2T!:XB)(I2#.Z#V;I$3XT[%J30MWA2.
M<O$HKA[V-.9XX+!]$<9L29+J9OW.?"_6/ _%L9UGU@,UQ ST:^OU,!?-=!ML
MPJ>J'YV,9T%&IG,*'W71K;T&N_,O'(%55K.7[M .4&,JEKRI ?W)L/KXPCYR
MG7)V=B,F0U,C=B*QC29BS*+QQ["<%KZ/+0G7$B0;MGW;";1L^SC>\5 +DY_!
MSH.'P21T^]3-*1_B:='3_>E:DOF,^V?:W;VBFW^Q;'.>I&GS%]77SMAP.V_#
M.Z9_"*R_XJ2ASO:.1X:CK'GJ_$(].-M;J,7V-&HQA(E85NO!ET+DGY?_:(B*
M0KW/L=%AU"ZR3JE]7OOH0!_QKH,:.Y%XP7).%A-S<F2Z$W%I:T<H5OZRIX=B
MVEMQ2)0B# !$"[ +^KNLS:-;N\CRB8%Q))Z!'Q0RFYS'4(&/\ 7;6QR_(#T,
MQ>F=GNE#/(W$3#S40$/$-QAUM0,7.7QJZ9'H>-5B97G?X?.D7#L_+.<?)Y&Q
MG7"PQ(BYS@?"J^["O#/V&19SE>)R@;Y9B(DI^I-31DQ,R9_\^_DJ_[/?&C?W
M-_[D/\N?O :97XM@2,2X2-8%0Z*3(89$(S&&Q)C#_7"<FPL1-0Q@O'-Y(*/K
MPEM@PK9+I-(_AJ7B1TT[:C2%0U%]S F7>_6]A,62.B)=<2G) 'NZ=FITE#J,
M:%4&N\3_DS_=4,T*KD."P_TIAY_=/HZ3S2+PN"D&WWBA:6KP5Y;O$U00X-,S
M41%?QNX7"]1'MDAV(_"11VD&&I\CZ5WP0M#^CJ41Z)"BZMD_L[.7$XZU 1#1
M]VG";3FV%+'MON 6-U:HZR:(?@+,L:&2V!?HAI!&.*LI1D*RP$F4/--)-A/O
MB\(I 9=QSQ+1528Q6RN"J?>F#U%7'(#E_L\\CW% 8,TH"LT:A><-ZM]-CL $
M1J9;<0D7J)T+YQI=8<GELXK@+\07!))S=)TC$2\*<^Q/>ROD*\F4([F)_.4,
MPI6C\NB\)I?/SI[D2.4HLD ]:J*AB1P%Q-;TJ$-ATTDCN;R<*U:6;EBI3C<R
M]#2C=]$:@"+8VI[^%;Y?\K"8YG995\KG9J%WTKV++ 9@6(CQIICU3LU!FZ@4
M]Y;+3/Z+4 C]'@TXXH^2Z5:::9;.[E9_3DU'!QF!'A/GP;"C6D^S?,N+J)D.
M.[3.3E^>)Y?5[W<QFE:F5K[E \A\0Z?:\4X*<P[X,8$O#!F4J$NJV[8VE++9
MR-ZWT\M?E<^7AV<'<2"+DVZ +ZLU>FT?/ED&RS%#B %@BC8Z #FHJJVW.@X^
M4&UQQ6-/!;/M3?0ZFUQMCY3L #[!B=K48>I+01[[?1L$D1"H)#>>Q6%P9(_K
M^[QQ>'7C%P_D/;-- )03UK"KP\A"5Y)LJ]9-9 _I>AMV67QG[SB5I(:*V^3
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MD_[)&^#EMK=XMCA]ZK&@Z B09.7&C5-X0.<B1RT267_(@SSVT3-8D9D'.J
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M/6M@8;QBD,E4[+HG(?UM@/HNYP^%@0GQV3D-/ASDI,!\V C.NNR?;6^%0_T
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M)#TI=R)5O[F.=O\4+L[.1T4Z)/<P$CPC*PP#^0E-<LG3-P"Z45+?R-[F40V
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M0$S-=WI)0G_V[6>'J+GGXT#TVK%*2-6#3E=!U'AO7V^N1T=%XINI=%$D#:>
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M"K:8]+NU;!^! V@41+T3I[33\G3$QJX":PP)[?+07= @8;R?K](J-33O"'Z
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MNH,<>A4,5V$G/;:>"B55 4WW7:E;W#3:KSK#[G#.ATNR@NQIJ6*I^5MHI4L
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MD[%3OOB1\*+K>EU7T:L1;39BWRM!'W@WY[3E\TU13':.^!MY52Q>6UT*CRB
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MU7"A'U: 3B<SO&0V ZV,53*?L8LGU+,4]# I;0[M+CRF>3FF>6D.[N$CRP<
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M2)M<$UVB)W@JE,# I3D-9-9MV_@#TD*_Q&XA)VNP5G!0<#LLS_1P;,J 4>"
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MES#Z[XU['U 9SE>/&T!4<![XG@]<6HQ=_ETJ#S,Q56@L J82NET7+0#^"IP
M+B .*9?A7FP[57"Y?#($=8LH_HW(R+M%84RG>[&A<?$W[C6P(QZH1+#]$J9Z
MDOKP:@PS5=SKBH"IA&X^B8?$?^(1BRXJ4*IV+2SM.%78JYEF0#?S6O0'].^N
M14UT1FYLN-OR3UW<:ZH05W#,\&WFRA!&A*%=4A9X_NJ24^+&WB6'?>\?T+'.
M]S3G(9$,&6Q-GQZ+;KF;##4Q+%N)(<UHH-D'3.V*1VA2_VC%1YMO.3%P95PR
M[)IY,I1,X:PC[#',[D+.?B;Y UBK&<.R 2:&50/F6\:\U_#Z7V/X5P!=<S]?
MQ75\9ZX5_T13H=;Q_E>.-4%@F\M!V^(]9-,P(;2\:R*X5 KA*SA[94-KYL6Q
MR^YZ9I+#?>5*W&C B>E*!\)(8[DU4YA[Y)J1&9 :?"R\/9.S6J8CJF-,52UJ
M\<\T03?72MZG=^-Y09K(FXLZI_UD$1;QRM#4V2MRCES+HZGE:!YZ<IHAOR62
M4?:-"+I/%6M5UAGTG49WI(=)<C)!42J/3!!M18"X8N^)05>7<X9<MQZ0# 6_
M[PBWKG\-X8U+\PZR!^T*N G[3APU.=\,LTZC-9)UG<[WA,F&O1&&3/&:3A 1
M(9L,@!X]$\GD; FF?P*.$Z[&2JX)Z0@3A*LN][G7VSV$9&?-9W(61I9MQL9S
M962VN.L$<5-FNV4!@DK ZJ+T/4$CQ:.9(5\7C]#E=$X^883<Y%?H'"Z S;/-
MI.1+AOJ>4*P2 P.XTT<K>5<_/:"Z0+ZG<5I/$"89IPP)YBD9MC)9:.R? P\F
M_M^XG!CC(U>1[*=B13(C[&^$ QCQ"*PDF5Z%R-!VA]S(XKWZ*V!5^<3N 4$/
MG1P@$5D*1:BR[33)Q23%HUQA*L>IKAF7FN"A4SZEYI@,E*RX']C"16R!X=:6
M)#1FS<NM^X90M3081_M*H/&I;QF=WA\T<VS9+L#[R"E=#0ZW?>>N%/*A;)%;
M05/6TU#NH$=U(IEX>1X3+A^Z9CHXUAY5V(F.M4=U/D\<:X^.N_;H/7*OWHCI
M1V_++VT,3=*Q8L<0]]!CRVA8@%3.EZZI5+)>@-"I,G.M"^1:H=2]^*[\.6,^
MSS"FKPSHCR6?0%5*P.83Z"2R*X#=V"45$E]9LXO?08N,;JTA+Z]6?.D<((/;
M  4O\J=+Y7H7G&[:Y B7:K>XH 5/$L,48VM2_$&,6XE#O@&AZWFJ"VM2IQ-3
M1X"U.Q^-Z'-L6!YP1!P*/'B:EM03/[K.JVEUH&:]D9:G>M2\ZO>LT4 F[9*)
M#J<H3QN,@O6F)!\:S>,!,Q1?'751&>_[5!IER93.,\->9'Y%>["&5V\[LJ*&
MD:Q?(=D;G3E9:X%/%M#D+R?YAM+KSI]+UYU19R/I;0#7,J*)##93^M>3I#U,
M?I->C;[30!+\WTM%\J4HDMH2B?Z&V-\&E<W,VI+A/!^'[Q=4./[I?4D)\H.D
MS W!0/(R+YZ4H!L]PH 7R//EC)R6&$D&2U@(P8O',\(!]>'I'N!(WGSFSHK,
MU>#-8&-K%;' +^$MWM.X[77:Q.65[%58TNI"0H9/93UVW2WEKK#2R%KN *_#
M721<N4\X\.25$7-M]+@LD*M1]GZ@2+RNE\HMB@2V+PG4NVO\< 43^5]G*R40
M?$HW9,HPJ4'5)0UM+6@\].V$A!210,=22:9';Z^_@3ASE)1Z>@MMEP<MPM8
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M6/ACQ*-''KWE]GM!1AB*DP8J;DZC@.FX,_ PP&49.T+AK\RH59!*Q\&I,@[
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MD%.VT\B1_G.NG.O)LZ;8'Q3%4OHHM@1-_K^<+E E',L 8+!UET$ZPT ;>_+
M,#[8'K.)=6.%NY'!;HRJ!%=T/F93S[T9ZC%9Y'*%_MW[[]Y)%R8^^>O-FHK+
M$-/'\RS?*9"A>V(>R!I)T Z+YCEO2U;IP.&Z!FPL8#:9!<[(7YNCFF%0%^>D
MDQ=EX12#1F4F3K5ALV/3)TJ"E3AJ(2J&B5.,NQS^]MAL+FP$9_'OP4Y8]"U[
M;';]'EWX>T'7C(:Q9/=8"*Q[UC5HT,@$'EG:&I!$#@-&[T8/)NOXL/K7-M0
MF1LF-M9)!HN/V\)1>$8@TP/'RFT5-\L+MKW(PL]#H?/P"P[CXZ!@C^Y/1"@1
MVYY$2AT)A;[#CZ%6P-1#ZKCQO"'C-72,QH!"$$5"(N488PX+]^-;;Y:$*R*E
M)G+^]74?EXNK_02HI]$J3F.Q>"SJ+HV%J/JG74=OK51@/]W5@6/YPQ*%[DAN
M-I8?&+[>N-79Z#"QJUXVF(?]RHD/',1JE=S11+B6VX 56UDD1A2IV[WU;X8
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MT'T$W8G;ZP,F/B;*UQT7C/1FB7MS\;Z(7RLX+N*/8CS3UQ\]^>^IS#FMCY!
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M\18R*:;71+?NX(;7H!BD%W^P+J^^R^KOD';^82SU/!NPM&<P]^ 73+AA\PN
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MY=JFJ#%_SF@4%Q-=C)4,L".9X[H.Z6XZ[9-'.64+E81"A)RX*#L%?\/13DM
M]DF /1S0-<.,S"GM!V%T]6+;U_[*.W[YG/<Z_OLFYHV7[K5'M$FO.A>M&%5Q
M2!]6-^3PL=(<0'N%*NQ,[2=R#V+V4Y!L)A6GT+\$%<7IA(-QC0LGSU(Z6=%
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M7P].NN "&*G)FWT%978XR9Q<H4[\42/U=0*%;TNO=U'I36H]=QM_TY60HQI
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M9583)I!GP41 + 8<'K[R@'B3!X\85JD/Q0UL\5Q[1>&A=?BPK MW1^46Q6W
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MZXH1:%>]HZL@%C<2[?J$@5YK\9;3Z:<QZ7!'VTI-Y3".MV/;X]0ZFV1E1K]
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M:0])J.+H/6D>>HGJ';_-F\KG<<JG34'T0LL";VD:/%+RZIOHI?CF-9IN9 L
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MD\L$-=]Y"[ABJ4P>_1--V?+Y:OR58_8=;#1VE8JS5CF]H.J_5VG5@AO&NT+
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M0KF&QO#0_Z$CP/4R\'-4U()=M.;89RI*,2% ^\G" MBHS#KA-;R>WH7F^(P
M0Y5J^)EB:Y\9Z FH\@H48JQQE8@X OESE&Y@IX9KH3H],50!763QI0#->WNB
MN/:/<U!8V:3GOM41[?5*DG][5 PM]DE)XY.5<;W:WOIZM%8]@,UX_K)[+"JB
M^&FC G_%TI3LB_$7J>'/G3U\#;)QOU\+KAVU!I^W1] 9HNMYRQI?T%>2G;?=
MWRU#X9D//7;&GV2=GB1-9*'IZI?/*M+1WX6/2=\YJ7S53]]].*GQRGB_CA0[
M]<3X]A";(ZV.\E8C2^E;7*_\4GCZ./B.4E'2PR+ZK69%Q0O\5Y9E-4O?!W"
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MF'98BGSL)C\9:&_,M FZ:[@NZ08"E+X5/K8L.E8C)*!@P%A2()8_,7P-SZ:
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MA8&7UCR2L=&C1RH.*2]+TA>:WYB/AA7[BBH$*!PY=31.8MFJ+&)I"JB%8Z4
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MX<#'1%5\4N <E)5\UUW3O&^L39WT'II^;2P1GID0)]'M1 8&K_1,*+I#C @
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ML)RUZ,X!6?;&TK8&.(!5^3IQLG"0546RK-4#,ZQ<1F7:,(T0U4T,6L8\0YW
MO8A@M(@R2W:)J#JUH,>UA>[-B+E:RO5)%5@"0EW9'3I[LNSNL3,0GW@TQ 5^
M_$0=7AMX*:<!I@,OWQ-<^L(+.];9/62,<^Y:'O8S+L IG[N VC@;?U>@NODP
M*5K<>Y12HJ[&X"_!&2(^Q=[$A?>&R[LDX[>8PCL%'LU@AYC31%TC# G+]&0=
M7FU8QE*\ZIA39>XJG-.?(K V2MZ,P<QFBD;$(G="L58=O&7XH7$MEV6.?51Y
M3+G/49QC=ERTHU.F231(1&0W')P[[);$OO%2=>P2<P@/X2=@Z<5S6ZC>T/L%
M_V<*R,1 AZ@E@L[+[PC)BUI0V+T(<%.VL(5%" N1N*<F)$9OV3.&;O"L,2G4
MI4TG:E.GM]D!30=ZZE$#F$_:W';LH*9A^*<6*L(#H\=)85@8=@S5_46;FE('
MFS,]0#BWT-,+Y4;2SF#\\1LO5DG)J0;+_?J^J:?\=RH)UAW3-.$K"X"/4_?3
MRT9P-0KY&,6E7R3G + S760:2!-7U"&J1%\@!>!_)#R-;5(1[ A:8=&"L=>6
M2UI9/>"4HA\A0\$); S0VXK.V7[0!5?NUY_@GMNP#8]%2<'R2XY!=L:.E*4'
M'Q$$78@\FY;%+CB7IX\-0%VY=4[81A9#%MYU&1JJ2P91,T8U85G 4JNV%!)J
MGO&R%F8 &\$6+WH/6 G.&?S_IMMC-=W[;O)"O$!/W9%_[@*F(\H66\/-#-QO
M%-"?>2I>8>G%GV!O]"D[ZB(I0AQ^A$O$+=CT3G(H9V?[ZK2WN>YKTX[RN,7R
MD9U=_.:2L-@I,UGYN#L2.87H72PG\5Y%,!C-CH[B?D3QS1"LQC/EK3%\C@2\
M@?77_ "W$2II6=FM](]\X1"*;<JOA;Q6XP#E_Y"5%0"57$XG8D524NTX0 *,
MQ!H+LAP-'C1@T85P[$X3;R\4.R3@&7F/<*EE]1SDZ2^<(T]1#@1YA9S.]XR\
M8_&.(*\E 8?(:]IH6>FYYQ&RPND9#%])B]7MV:C/] ^@LEK!Q #VN2)SAO>[
M),-LKE:A9;7/0%G>)+#)P/KL MS43RTP/9&%OTX&Z@#&,S;%)\'3DMWBJ%TW
MLU$5X$4DA&[HV_HZ  C/E+P&[1R9.(2I3++XDINQM[<9%JOB,3+L=;]-_M8*
MJ--X>'>O-4G73:H-'L!5V8[X3HR9!0'&>?(UT#ACX=W!,6?8 T'TBA"GQ;4T
MQSK1,3#<!G3]9+VT7T/OZTF'#%702_MH&5SSY6K+XSJ%G^H(>O%,' #2QD77
M@&MD@9WAJ4FCIKK=-[Q3WAVC+-!S2NU5:ZVO<M!W4!%4L?BRS45L),N'9+/T
MBTC#I6=%':*DJPA$MVP[1UJAI8NB#\1,*!L2!!R&9&% HG?9/,/B2_XEK^#4
MHDR-7MUH\K?.H7/*P[MNU%^&!N\NG(W,D0L67_U"'4%<SVH[Q. WS+)_*'+R
M36%]MON7#*S_;;)75F[Y-Y[&EX?;[)GCPTQYL8:?JSB7^_50]))+\E9(=C8-
M'V#?B>E17+V8'\5$J1DV7I@MAI^ E<I4D)2R5=E:% XV8JODW@DHFLH#UHS=
MXU;"[C:8*&-QF<04$0:V3I5D-8_ODA)=P48OZ4[@3O_:9GM,YN(%_;*JR3*)
M94"@B!_=\4KKF)]9&;/?(EF\*!)G)46ITD3!9J:91JL$1)JP$, ^6^X-EN>)
MXPV@VM=O92:%5X&L_[Y U$T%D=KT2SG%="]6HW*;UWBL$^*_*^1V]E(Y0S*N
M$=RJ&20#NG_!%[7/\*=CX%6:XH_N][R@QF$T?@!EY]&S1_=9?/TZ P8K4>&_
MT.N/:$Z0Y=D'8YI1KN8I:QW_*?K430;S;O1_8 J[<%#1(.QX()(?Q,] ,<:>
MK2(5439TE24IX1K9L:]\ 3J12FD4NW C'KDPJ4%4!J"P+.FR$*4M56*.RDU;
M'D1^0\&3W;(N2ID^J^:0%_#O^893O0[,__F?Z!U[+YMUBTGB]P==[&-3,U0V
M>--W5OXI\ 4I>'N&"9;4VL[PT=&8GW#0NZ5)'ODC>0!5$M<8<T9QF087@P*Q
M@ DF[UM$WR7P@PF,$S&NVB9%+$?76<=XNKI%>W.=?9(>,&%4H(&J,:RVK-BH
M!_)\F28;)E)497^+K?%'A',V6ATPQR?E^;O<Z[GYR%<\>79Z=,XAZ?CTG,'Z
M+0_00D_S]S/T]S/TG^<,/>.P&3Q&YVYWYR<IO6X*K]W0$64.<W#B&>1\6NKB
MA5K5)=,'B7P 4 9-_I+1=L<\:$PFI6Y#^F )NU#X@!A/<'>\Z*ZQ])"7)?:B
M;'IPDF$U@(.^+^P1UD/9)]CVDJ5LLDL]2&7>:!'=I#G\+\TABA%'@,H]NE$+
M3,57U\*5?IE:YJP0O=0 A"MT H8#MA$Y'^-N2!3N((@E*=+#-592P.H&P.4Q
MV6RK?%V7?.!XF_"9#1C'R?M5XG9B @"Y9@;4(1IG\2%??X!Y!/0D-5V(#<@F
M+K$SI'WFE>C\)]7,C[LECV,>-SVPNI PX2L+G(U3=PTSX*@:B"MUFTNF9I\T
MO&GS+(RN!-,%I\$U<5U=8^M+KEY7+_/\JWQ+2$J2Q4-:EW)8[YO[.63LT3>'
MG1<_MX(DF"7Z!7X)4U&EO^1<HCU,IAE-#_CAP/,<V1_C=;8DW $XSZ[J JWM
M1XYUW##7OKN[D\Y";@J!=F++BJ -J&T8^X"W42H6+O ,<+P2\^MM0":K2XG'
M'G2S%/HO00L'M@DZ+^*"O; 4==2Z9)L0[&XG(&KVA+4@W>T.F5EY6Y%=GV>=
M.FG'*!L<GU#S^\:8:#Z-":T>QU%7 R.'%6D>E6 :I.(\;CX) 7R],FH0U;VD
MSF$B\FY%+ B^3L+\4VQ&B5ZX(5$/?N< 2D/T_8(+U$FP:%0.M@HRDL7FU3R$
MFS(@*$V1XPFX1A?9$]R>\K0SPZ!CE#,H(36_P)&(*8&1J*-(56"CJF!9B8UL
M@^A T"^('G3H=7..!15BIH+.!B%Q.M@!,DZ(^@6(BC[488DAU'88E<8)+KI7
MS1D\FO[TESS-7\BIV>OC[1]L 8]>HC[@L=?,HB5RB];DQ96Q?Z(*IGDAR3=)
M.%7B(/ S*BZ-G^%E=8F?)(]!<S+2DGLKWO</ML-/-U'_E? K@2BLIR!#GEM)
MZR$HOZ/R,0$SL([N (,8)#1V"K/YK0TD-!77&!#//>+0P+2T8I\7,C>V90L]
M:5LH! R<+'DC]/9*.91RODZJN[PL;V >8+#KA^\+T,V>>RN 3OK."AGC]+W<
M.\0W>I<"Y_<B^Q_#:YJ0&J;9JZ,$*"9!&#US9&D :^)"NX0<=89X@,6O+K(8
MW4![E(MV @D7:E^^PZSO[2 XF8^_(A4LCJG;6/2NX'%-]M)[%?VC>VQ@JZ:*
M_)!<35)@=P5*Z8%@*PC"AXTS<Q&];&4[=\/#F6!N)D6=8Q21:O\NZ9&]WZ89
M!O!G(\K< //$[&PC/"( THLLJUFJRB#A97ZQS)\Y*#&I0L<)-"=^:0'^:1R\
MO* 3SZ9.ECQE"YH0J6L+U.J>18\0JCF$OD\U)72OE[Q2SJE+EGW%W_]<<+["
M+U>@"]";J=Q#!4_Y,Y-QBI@DJF*- L#U/(!H1,^0G4,LFP[^JSS%,,6"I9?
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MW@]O]SDCEZO*=MN]T[.'NKFU(XE<22YO[Q<?* F2<"61-#)35=Q?OP#RPKP
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M)HN",)Y;>LP;E=&6,0=A]X:N $38>,.Q(Z8YQ'2'6#<*:H-XDGI@** R;/3
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MR=S&.G@]I5XJB/>]T>-]14&\X^>\/0<1BGB9@X,\\/(7B"$!U!Y2.[?EORS
MJ:3!_=$[\RY1Y =AE!!(_\')L:RWY8EZ "^]=4K20R6:%BGZ@8OYZA&M,=V"
M^@#':7 !/]K<X'(<ILX]>V>:-EF ,A,'9:'+C8NP5'+[D/7XZNLN )A-4EG8
MI2=E*^Q)7[5IV)J^<-=S\KZF1<EG30U*"9OLQ2#=MB_" /FE<TW5MOQ-:EM*
MI+EI*1'W#M2]@KREJ^D&4^! ,-OMZ#PS\5*IXB4@RVB>)HJATDE%8VQP.E*W
MU?0\)ENJ:?O**FMJ4@?+8T[8.L/33Y&4)J@#[*]O@<3[-?J;!VJ4"?)942#Z
M-['9^:EN=GC^?F9F?/8#/!#DOSR0Y'^WR=9(8- ,$%3TM-5&B*?=P2:T$[+"
M!N@)6+F^-2![_?5<+EKZ&XHW66&O!3TQ2W<//]>7<9F(]X52\3(R7D['4JTN
M3_P<QE\@Q%4 3'<&^@1M7>BM''18\T8TK5C^O91$:17,\'U] _&)O80,HGL8
M"XW!^^_JQB#K\.\>IETL57+IZSO3]=Y.R-9U+IUYA_6M1<NZ=:VM!,KUK(=C
M:1WWSH)Q?!L@2!17-0+OZT:@W,.B!<!OP&'$CG7%_+0V[:I^MJ[PTEP[K&E)
M;RM6L8X8E8M6!HW;R[2<-"RJI5RKKM</@AW\$GH@Z^OMLLX6:7;*7"W9E<[:
M57>T=?$*9]UMZZVF8\6"UA)NV[:Z!2^WU[9^)KWJ2O]87^D9(2\X4.+.MI#1
MRA>^51_M.SI]&%!!PC")LM#G,@X:-D"7A*W6(!-:5MJJ$'V)A0ZFP8RH%7;"
M4!64%L,04[?-!W]_DM469U>&I4K68KOQ?=UN\"Y>1B*]&N2_R:E8NG**K6(%
M <-3OIJ(K4:C/-D'JD_DY:#E:?'H/#BXR]5>)^)6&!%C]5#?XG5#^?4=>U>
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MOH0^!/@N\XO<QDLE^O+V[@*OP*#?=TV&>;A%&&@C+FGM,-XR_AL7+8.@G03
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M8FET,3(Q+FAT;5!+ 0(4 Q0    ( +. BU3@'<5%#0<  +,?   .
M      "  4('  !E>&AI8FET,3(R+FAT;5!+ 0(4 Q0    ( +. BU3^FP0(
M!P0  /P.   .              "  7L.  !E>&AI8FET,3,Q+FAT;5!+ 0(4
M Q0    ( +. BU1">@0K^ ,  -\.   .              "  :X2  !E>&AI
M8FET,3,R+FAT;5!+ 0(4 Q0    ( +. BU2C/.8N9@(  #()   .
M      "  =(6  !E>&AI8FET,34Q+FAT;5!+ 0(4 Q0    ( +. BU2=.B*[
MUCP  %.* 0 -              "  609  !E>&AI8FET,C$N:'1M4$L! A0#
M%     @ LX"+5&H&$^AB#   ?3,   T              ( !958  &5X:&EB
M:70T,RYH=&U02P$"% ,4    " "S@(M4Y/M."40#   <%P  #0
M    @ 'R8@  97AH:6)I=#@Q+FAT;5!+ 0(4 Q0    ( +. BU3/-T7(7!4%
M #SY)P 1              "  6%F  !G;&)S+3(P,C$Q,C,Q+FAT;5!+ 0(4
M Q0    ( +. BU319D4*&B(  #B7 0 1              "  >Q[!0!G;&)S
M+3(P,C$Q,C,Q+GAS9%!+ 0(4 Q0    ( +. BU2Q#<EH;Q8  % A 0 5
M          "  36>!0!G;&)S+3(P,C$Q,C,Q7V-A;"YX;6Q02P$"% ,4
M" "S@(M46:;E@%9%  !99P0 %0              @ '7M 4 9VQB<RTR,#(Q
M,3(S,5]D968N>&UL4$L! A0#%     @ LX"+5%VAGJ".G0  X%@( !4
M         ( !8/H% &=L8G,M,C R,3$R,S%?;&%B+GAM;%!+ 0(4 Q0    (
M +. BU1IU".'$UX  #].!@ 5              "  2&8!@!G;&)S+3(P,C$Q
A,C,Q7W!R92YX;6Q02P4&      X #@!G P  9_8&

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
